Regions conclude local competition in the spring.
Regional first-place winners advance to North American Awards. Any undergraduate student submitting proof of completion of 12 credit hours during the previous year is eligible. Business activity must have been carried on simultaneously with school enrollment. The regional awards and the North American Collegiate Entrepreneur Awards are recognition of exceptional entrepreneurial skill and creativity among undergraduate students enrolled in colleges, universities, or other post-secondary institutions. The awards were begun in 1988 by Saint Louis University's Entrepreneurship Center.