It has been my absolute privilege to be on the Executive Committee of the CU New Venture Challenge (CUNVC) for 2010.
The goal is to provide some real support and eliminate some of the smoke and mirrors involved in really giving a entrepreneurialism a go, no matter what field of study you are involved in. As a result, over 20 teams submitted final business plans this year, for companies ranging from high-tech startups through to outdoor recreation and music.
After months of fantastic workshops and crash courses, the semi-finalists are getting ready to compete on Thursday, and on Friday we are having a fantastic afternoon featuring our four top teams, who will be competing for the prize money.
The four finalists will be pitching to a panel consisting of venture capitalists, angel investors and serial entrepreneurs. The teams will be trying to win the prizemoney of:
First place, $6000
Second place, $3000
Third place, $2000
There will also be a special prize of $200 for the company deemed by the judges as their choice. The competition is going to be tough, and these teams are going to be well worth seeing. The best news is that the finals are open to the public. Join me on Friday 12 March, at 2pm at the ATLAS Building at CU (room 100) to see these finalists impress the judges.
Come along, and let them know how appreciated and important innovation and entrepreneurialism are.