#USA #Phoenix #GENYOUth #Daymond John #Entrepreneur of Impact

Colossal's Entrepreneur of Impact Competition Returns in 2026

Colossal is thrilled to announce the return of its viral competition, the Entrepreneur of Impact, aimed at inspiring the next generation of business leaders. This nationwide initiative encourages budding entrepreneurs aged 13 and older to showcase their innovative ideas while also providing a platform to support the national nonprofit, GENYOUth. The competition not only focuses on recognizing young talent but also emphasizes the importance of social causes.

Celebrating Young Entrepreneurs

The Entrepreneur of Impact competition, hosted by the well-known investor and founder of FUBU, Daymond John, motivates young entrepreneurs to pitch their creative ventures. Participants stand a chance to win the grand prize of $25,000, along with a coveted one-on-one mentoring session with John. Additionally, the winner will receive significant exposure, including a two-page advertorial in Entrepreneur Magazine and national recognition as the Entrepreneur of Impact. But the competition is about more than just prizes; it’s an excellent opportunity for young innovators to gain insights from industry experts, refine their business concepts, and increase their reach on a national scale.

Mentorship and Learning Opportunities

In its second year, the competition promises an enriching experience through access to exclusive workshops. These sessions are designed to help participants enhance their skills, scale their businesses, and maximize their impact. Not only do competitors receive practical guidance, but they also form connections with seasoned industry leaders who can influence their entrepreneurial journeys.

Supporting a Worthy Cause

Colossal's initiative aligns with the mission of GENYOUth, a nonprofit dedicated to improving the health and wellness of students across the country. By participating in the competition, entrants contribute to raising awareness and funds for this noble cause. Since its inception, GENYOUth has helped over 40 million students gain access to nutritious meals and physical activity resources, aiming to cultivate an environment where children can thrive both academically and physically. Through this competition, every vote counts, as public voting allows supporters to vote for their favorite entrepreneurs while also aiding GENYOUth financially through direct donations.

Impactful Success Stories

The previous year's winner, Madiha Chan, who founded Just B Cosmetics, credited her experience with Daymond John as a crucial catalyst in her entrepreneurial journey. Just B Cosmetics focuses on providing inclusive makeup solutions for women with deeper skin tones. Chan’s revenue increased significantly after her mentoring session, demonstrating the tangible benefits of participating in such competitions.

Join the Movement

Entrepreneurs interested in participating can register for free at entrepreneurofimpact.org. This is a unique chance for young innovators to not only showcase their entrepreneurial spirit but also to make a positive impact on society.

About Colossal

Colossal is redefining philanthropy through engaging, purpose-driven online competitions designed to support charitable initiatives. The company’s innovative approach empowers individuals to pursue their passions and amplify their voices while contributing to significant causes. With a strong track record, Colossal has raised over $207 million in support of various charitable organizations since 2022.

About GENYOUth

GENYOUth is a national nonprofit that mobilizes resources to enhance the nutritional and physical wellbeing of students. By providing grants and supporting programs, GENYOUth is committed to ensuring every child has access to the resources they need to thrive. Together with Colossal, GENYOUth inspires a healthier, more active generation.

Join us in supporting young entrepreneurs and contributing to a cause that matters. The Entrepreneur of Impact competition is not just about business; it represents hope, innovation, and a brighter future for our students.