xperience point system

Supercharge your competition journey

In the Xperience competition, every action counts!
Discover how to earn points through various activities and unlock a range of valuable rewards. From exclusive resources to cash prizes, learn how your team can leverage points to gain a competitive edge and achieve your goals.

Team points

Teams can earn points through the following activities:

  • Milestone completion: Teams that place 1st, 2nd, or 3rd in completing specified milestones will receive points
  • Event attendance: Attending and participating in xFoundry and selected partnership events
  • Other activities: Various designated activities throughout the year will provide opportunities to earn points

Individual points

Individual points contribute to the overall team score. Students can earn points by:

  • Participating in Xperience events
  • Contributing to milestone completion
  • Participating in other designated activities
  • *Attending class contributes to team points on an individual basis (Xperience academic track only)
a competitive edge
Use your points to unlock additional resources such as:
access to our resource matrix
Up to $5,000 into your team bank
ai software and applications
Complimentary Meals at the IDEA Factory Café

Earning points

In the Xperience competition, points are the key to unlocking valuable resources, cash rewards, and other benefits. Teams and individuals can earn points through a variety of activities, from attending classes and events to completing major milestones. Below is a breakdown of the different ways you can earn points and boost your team’s standing on the leaderboard!

Activity
# Points
category
description
Registration bonus
500
Team points
Every team earns a bonus of 500 points upon registering for the competition
Business plan milestone (November)
1000
Team points
Top 3 teams with the highest-rated business plans will earn 1,000 points each
Team demo (January)
2000
Team points
Top 3 teams with the best demos presented in January will receive 2,000 points each
Sales pitch (February)
3000
Team points
The top 3 teams with the most compelling sales pitches in February will earn 3,000 points each
Prototype demo (April)
4000
Team points
Teams with the top 3 rated prototypes in April will receive 4,000 points each
Finals verification bonus (June)
1000
Team points
Every team that reaches the finals receives an additional 1,000 points
Course enrollment bonus
500-1500
Individual points
Points awarded for each team member enrolled in Xperience academic courses (XPER 433, 444, 455)
Recruiting new team members
50 / recruit
Individual points
Earn points by recruiting new members who join your team for the competition
Class attendance
1 / week
Individual points
Consistent attendance in Xperience academic courses earns 1 point per class
Summer course completion
500
Individual points
Completion of all modules in the summer course awards 500 points per person
Event attendance and participation
50 / event
Individual points
Earn points by attending and actively participating in xFoundry and selected partner events throughout the year
xFoundry intern participation
200
Individual points
Team members working as xFoundry interns can earn 200 points each for their team

Redeeming points

The more points you accumulate, the more you can access resources that will help you excel in the competition and develop your venture.

Rewards are available on a first-come, first-served basis, so teams that reach the required point thresholds first can redeem a limited number of prizes. Cash rewards will be distributed equally among team members and added to their student accounts.

Below is a breakdown of the rewards available and the points needed to unlock them.

Reward
point cost
# awards per team
description
Access to the Resource MatriX
1000
Unlimited
Unlock access to xFoundry's suite of resources to enhance your team’s project, get expert advice, and solve challenges
Complimentary Meals at the IDEA Factory Café
2000
100
Redeem points for meal vouchers and enjoy complimentary meals at the IDEA Factory Café
$200 to your team bank
3000
5
Boost your team's budget by $200 to cover essential project expenses or invest in future phases
$400 to your team bank
4000
5
Deposit $400 into your team’s bank account to help with prototyping, development, or other key project costs
$400 to your team bank
6000
5
Another chance to earn $400 to further fund your team's competition needs and strategies
$500 to your team bank
9000
3
Secure a significant financial boost with $500 to advance your team's efforts and secure a competitive edge
$5000 to your team bank
17,500
Max w/ bonuses
1
The ultimate reward! Max out your points and claim $5,000 to bring your venture to the next level

Earning points

In the Xperience competition, points are the key to unlocking valuable resources, cash rewards, and other benefits. Teams and individuals can earn points through a variety of activities, from attending classes and events to completing major milestones. Below is a breakdown of the different ways you can earn points and boost your team’s standing on the leaderboard!

Registration bonus

Points earned
500
Category
Team points
Description
Every team earns a bonus of 500 points upon registering for the competition

Business plan milestone (November)

Points earned
1000
Category
Team points
Description
Top 3 teams with the highest-rated business plans will earn 1,000 points each

Team demo (January)

Points earned
2000
Category
Team points
Description
Top 3 teams with the best demos presented in January will receive 2,000 points each

Sales pitch (February)

Points earned
3000
Category
Team points
Description
The top 3 teams with the most compelling sales pitches in February will earn 3,000 points each

Prototype demo (April)

Points earned
4000
Category
Team points
Description
Teams with the top 3 rated prototypes in April will receive 4,000 points each

Finals verification bonus (June)

Points earned
1000
Category
Team points
Description
Every team that reaches the finals receives an additional 1,000 points

Course enrollment bonus

Points earned
500-1500
Category
Individual points
Description
Points awarded for each team member enrolled in Xperience academic courses (XPER 433, 444, 455)

Recruiting new team members

Points earned
50 / recruit
Category
Individual points
Description
Earn points by recruiting new members who join your team for the competition

Class attendance

Points earned
1 / week
Category
Individual points
Description
Consistent attendance in Xperience academic courses earns 1 point per class

Summer course completion

Points earned
500
Category
Individual points
Description
Completion of all modules in the summer course awards 500 points per person

Event attendance and participation

Points earned
50 / event
Category
Individual points
Description
Earn points by attending and actively participating in xFoundry and selected partner events throughout the year

xFoundry intern participation

Points earned
200
Category
Individual points
Description
Team members working as xFoundry interns can earn 200 points each for their team

Redeeming points

The more points you accumulate, the more you can access resources that will help you excel in the competition and develop your venture.

Rewards are available on a first-come, first-served basis, so teams that reach the required point thresholds first can redeem a limited number of prizes. Cash rewards will be distributed equally among team members and added to their student accounts.

Below is a breakdown of the rewards available and the points needed to unlock them.

Access to the Resource MatriX

Point cost
1000
# awards per team
Unlimited
Description
Unlock access to xFoundry's suite of resources to enhance your team’s project, get expert advice, and solve challenges

Complimentary Meals at the IDEA Factory Café

Point cost
2000
# awards per team
100
Description
Redeem points for meal vouchers and enjoy complimentary meals at the IDEA Factory Café

$200 to your team bank

Point cost
3000
# awards per team
5
Description
Boost your team's budget by $200 to cover essential project expenses or invest in future phases

$400 to your team bank

Point cost
4000
# awards per team
5
Description
Deposit $400 into your team’s bank account to help with prototyping, development, or other key project costs

$400 to your team bank

Point cost
6000
# awards per team
5
Description
Another chance to earn $400 to further fund your team's competition needs and strategies

$500 to your team bank

Point cost
9000
# awards per team
3
Description
Secure a significant financial boost with $500 to advance your team's efforts and secure a competitive edge

$5000 to your team bank

Point cost
17,500
Max w/ bonuses
# awards per team
1
Description
The ultimate reward! Max out your points and claim $5,000 to bring your venture to the next level
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