Sponsored by Anselm House

What is Forge?

Forge is an innovative entrepreneurship incubator at the University of Minnesota.

We invite proposals for ventures, projects, and initiatives aligned with a Christian vision of redemptive entrepreneurship. Six finalists will be prize recipients, participating in a live Shark Tank-inspired pitch competition in April 2023.

The Forge winner will receive the $7,500 Harry and Jan Sweere Award in Redemptive Entrepreneurship for implementation of their project. All other finalists will receive $500 awards and viewers will select an “Audience Choice Award” to receive an additional $500!

How Forge Works

Stage 1: Apply

Until March 3, 2023

To apply to Forge Competition, individuals or teams will submit a 1-page statement of interest.

Stage 2: Develop

March 3 - April, 2023

A select number of semi-finalists will be chosen to move forward in the process. Teams who move forward will receive mentoring and assistance in preparing their proposals for consideration for the final stage.

Stage 3: Pitch

Wednesday, April 26, 2023

Selected UMN student semifinalists will pitch their redemptive ventures before a panel of successful Twin Cities entrepreneurs. Viewers will be able to ask questions and vote for the “Audience-Choice” award. Winners will be announced live.

Past Winner Story: Lion's Fire Pizza

FAQ

How do I apply?

Visit the apply page to learn how to apply.

What are the benefits of participating in Forge?

Those who participate in Forge experience a great deal of benefits, including:

  • Compete for up to $7,500 in seed money for your venture, project, or initiative.
  • Hone your mission and strengthen your plan through constructive feedback from the selection committee.
  • Receive hands-on coaching from a team of Project Mentors, including
  • local business mentors
  • an Anselm House staff member, who will provide coaching on cultural and theological issues bearing on your project.
  • Gain experience and feedback on how to pitch and communicate your venture, not just for the sake of Forge, but for other future partners as well.
  • Continued and ongoing support and advocacy for you as you implement your project.

Who decides which proposals are accepted and who wins the grand prize?

The Forge Selection Committee selects which proposals move forward at each stage. The members of this committee include successful local entrepreneurs, UMN faculty members, and representatives from the various partner organizations.

How is "redemptive entrepreneurship" defined for the sake of this competition?

Praxis Labs, a Christian community of founders, funders and innovators, defines redemptive entrepreneurship as “the work of joining God in creative restoration through sacrifice in venture-building and innovation.” This involves operating models that seek to bless people, strategies that aim to renew culture, and a leadership culture that places the good of others ahead of self-protection and self-promotion. To learn more about redemptive entrepreneurship, visit www.redemptive.is.

Who is eligible to apply?

The competition will be open to currently enrolled University of Minnesota students (undergraduate, graduate, and professional) or teams of UMN students who are open to seeing their entrepreneurial idea through the lens of a Christian view of redemptive flourishing.

Will applicants need to embrace the Christian faith to apply?

No. We will, however, require applicants to connect their ventures, project and initiative to a redemptive frame grounded in Christian theological convictions, and articulate their rationale with reference in these terms and convictions.

What type of projects and submissions will qualify?

Submissions will not be limited to business plans and ideas, however all submissions must involve innovation that creates value. Student submissions should address an existing problem with a plan that results in greater social and/or environmental flourishing, new industry standards, enhanced norms of care, generosity and/or community. Projects need not be fully developed at the initial submission stage. The review committee will help shape your idea in the early stages of project formation upon submission.

Potential submissions might include: creation of a prototype for a biotechnology device, a social enterprise that hires people who are formerly incarcerated, a solution that reduces carbon emissions, an app that promotes healthy marriage relationships, a business model that transforms industry norms, a marketing campaign that humanizes and promotes human dignity, a public health intervention that reduces racial health disparities, or a public arts initiative that promotes broad civic engagement.

Does Forge distinguish between nonprofit and for-profit ventures?

We want to encourage all ideas and will consider both nonprofit and for-profit ventures, so long as they fulfill the eligibility requirements.

What are the criteria for a successful application?

Clarity of Plan: Is there a coherent project description and corresponding budget. Is there a clear articulation of the need, problem and opportunity, as we as an articulation of the measurable impact the plan might have?

Redemptive Frame Alignment: How well does this project connect to the Christian construal of redemptive entrepreneurship as defined by Praxis?  How will your project bring about redemptive transformation?

Proposed Outcomes: Is the target market/audience/purpose clearly defined and understood? What current approaches exist and how is your solution better?

Market Awareness and Problem Understanding: Does the plan show evidence of understanding of the field and market, and “market research” related to current solutions already available. Do the defined results and outcomes seem plausible given the plan. Do you actually understand the problems you are trying to solve? Is it clear you’ve done your research, you’ve listened well, you’ve looked for the truth and pain points?

Team and Commitment: Does your team’s relevant experience prepare you to successfully address your problem/opportunity and to bring your solution to fruition? Is it clear you have a personal commitment/desire to pursue this plan?

Plausibility: how likely is it that the award money will effectively move the project forward?

If my proposal is not selected, will I know why?

We expect to receive a large volume of applications and are unable to comment on each one. We will be unable to share the exact reasons for why your project was declined.

What is Anselm House and what is its relationship to Forge?

Anselm House is a center for Christian study at the University of Minnesota dedicated to “connecting faith and knowledge with all of life.” Forge is a university engagement initiative of Anselm House. To learn more about Anselm House, please visit www.anselmhouse.org

What if my question is not answered here?

Feel free to direct any additional questions to forge@anselmhouse.org.