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Get the most out of CMU VC

Join us for the annual gathering of student entrepreneurs. CMU VC brings together a strong network of resources, including mentorship from serial entrepreneurs, venture capitalists, attorneys, and business leaders. Don't miss out on this awesome event.

Competition Details

All Dates, Prizes, Requirements, and other details for the CMU VC are subject to change. Please check back at this page for the latest information.

Timeline

Application Opens              January 1, 2023

Application Deadline          March 1, 2023

Finalists Announced           March 15, 2023

Demo Day                           April 8, 2023

Application Deliverables

Preliminary Slide Deck (10 slides max)

Executive Summary (1 page)

Elevator Pitch / Demo (1.5 minutes max)

Final Round

7 - Minute Startup Pitch

5 - Minute Q&A

Unlimited Slides for Startup Pitch

Short description of startup (1-2 sentences)

Eligibility

Submissions should be submitted by an individual or a team of up to five members.

The student entrepreneurs pitching their startups at the CMU VC MUST be undergraduate students. Teams are allowed to have non-undergraduates, but the main founders must be undergraduates. Teams with member(s) taking a leave of absence are still eligible to participate.

Teams must not have raised more than $500K USD in funding from institutional investors, angels, or competitions.

Participants are NOT required to be Carnegie Mellon students. The CMU VC is open to any and all undergraduate students that are currently studying in the United States.

Submissions should be the individual's or team's original work.

Teams must pitch at the final round to receive any prizes for placing Top 10.

CMU VC 2022's Prizes 

CMU VC 2023 Prizes TBD, but will be similar to 2022

FIRST PLACE

SECOND PLACE

THIRD PLACE

FINALIST (TOP 4 - 12)

$6,000 CASH PRIZE

$2,500 LEGAL SERVICES

$5,000 AWS CREDITS

$10,000 FRESHWORKS CREDITS

$4,000 CASH PRIZE

$1,500 LEGAL SERVICES

$5,000 AWS CREDITS

$10,000 FRESHWORKS CREDITS

$2,500 CASH PRIZE

$1,000 LEGAL SERVICES

$5,000 AWS CREDITS

$10,000 FRESHWORKS CREDITS

$500 CASH PRIZE

$4,000 FRESHWORKS CREDITS

Legal Services Provided by  Meyer Unkovic Scott

Schedule of Events

The CMU Venture Challenge provides a meaningful experience for all attendees. Whether you are pitching your startup, a current student, a recent grad, or well into your career, the CMU VC offers a fun filled day with awesome speakers, an experienced panel, engaging startup pitches, a networking session, and great food! 🍽️

2023 Schedule of Events (EST):

12:00 pm Introductions and Keynote Speaker

12:30 pm: Startup Pitches (Part I)

2:00 pm: Lunch Break

2:30 pm: Startup Pitches (Part II)

4:00 pm: Networking Session and Judges' Deliberation

4:30 pm: Awards

Confidentiality | Non-Disclosure Agreements

There is no formal non-disclosure agreement in place for the CMU VC. Participants' executive summaries and business plans will only be seen by the CMU VC planning committee and the judging panel. Neither of those documents will be distributed by the Undergraduate Entrepreneurship Association unless explicit permission is received from the team.

Teams should be aware that the competition is an open event, and we are not able to require audience members to sign non-disclosure agreements. Confidentiality has never presented a problem in the past, and we don't expect any issues to arise from it in the future. Feel free to contact us if you have any further questions.

Photography / Video Policy

We love to take photos during our events and feature awesome startups on our website, affiliated websites, social media platforms, email communications, and other affiliated organizations with the CMU Venture Challenge. If you would like you or your team to NOT be photographed or videoed during the event, please let us know. Please note that no notice may result in photos and/or videos taken during the course of the event that may be repurposed and shared on our various platforms.

Apply to CMU Venture Challenge

CMU VC offers teams a chance at unlocking more of your potential, enabling innovators to truly push their creations to the limit.

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