Innovation Award (Student Competition)
Funding Amount
$10,000 total scholarship pool ($5,000 first place, $2,500 second place, $1,500 third place, plus $1,000 Realtors' Choice Award)
Deadline
November 10, 2026
215 days left
Grant Type
foundation
Overview
Innovation Award
Overview: Student competition challenging college students to develop forward-thinking solutions to affordable housing challenges across the region.
Program History: Launched in 2024; now in second year (2025). Sponsored by Pearl Society donors.
Geographic Scope: Charlotte region; open to area colleges and universities
Eligibility:
Focus Areas:
Awards:
Program Process:
Mentors Provided: Yes, each student team receives assistance from mentors
2025 Results:
Funding Source: Pearl Society members
Contact Information:
How to Apply
Application Process
1. Team Formation
- Student teams organize from area colleges/universities
- Each team receives mentor support throughout competition
2. Boot Camp Participation
- Attend student Boot Camp (typically September)
- Receive training and guidance on challenge topic
3. Develop Solution
- Work with assigned mentors
- Develop creative, forward-thinking approach to affordable housing challenge
- Prepare presentation of team's concept
4. Presentation
- Present team concept before panel of industry experts
- Typically held in November
5. Judging and Awards
- Panel of judges deliberates
- Winners announced
- Scholarships awarded to team members
- Identify approaches to solving affordable housing problems through adaptive reuse concept
Challenge Topic (2025)
- Team presentation of housing solution concept
- Evidence of mentor collaboration
Required Materials
- Industry expert panel judges presentations
- Separate Realtor® vote for Realtors' Choice Award
- Winners selected based on innovation and feasibility
Selection Process
Focus Areas & Funding Uses
Fields of Work
Categories
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