Every spring the EEC sponsors ideaLabs, an idea competition where undergraduate students from across the region compete for recognition as the champion. ideaLabs encourages all students, from all disciplines, to think about new venture ideas, apply the feasibility study methodology and answer the three key questions: Is there a market? Do the financials make sense? And what resources are necessary? Each EEC member school holds its own campus idea competition to determine who will represent their institution at ideaLabs.