Congratulations to all of the Cozad Teams that have made it on to the Finals Round of the competition! These teams will compete for funding and prizes on Friday, April 25 at NCSA from 9am to 3pm.
AVriculture, Babu, BioAnalytics, Cheers!, ElectroCyt, FarmAfield, Flaming Cactus, Food Origins, Hashtagr, Inscites Research Inc., Lumenous Co., Miss Possible, MoboSens, MyHome, OCS Goaltending, Quicktix, Resdin Technologies Inc., Rithmio
Want to start a company? Have an idea for a startup? Cozad can help with funding, mentoring and taking your ideas to the next level.
The Cozad New Venture Competition (CNVC) is designed to encourage students to create new sustainable businesses. Teams are invited to create a venture around a topic of their choice.
The competition process offers teams assistance in the form of: mentors to help guide them through the phases of venture creation, workshops to help with idea validation, pitching skills, customer development, and more as well as and courses to enhance their skills and knowledge.
Teams who make it to the final rounds of competition will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges for the finals round. The judges will determine up to 8 finalist teams that will present their ventures at the finals event. These teams will compete for over $180,000 in funding and in-kind prizes.
The co-founding team must consist of at least 30% University of Illinois at Urbana-Champaign students and the overall team should be at least 50% students (from any institution). Non-students may be members of the co-founding team and participate in planning the venture, but only Illinois students may present the plan and answer questions from the judges in all rounds. There is no limit to the number of teams that can enter the CNVC. Students can serve on multiple teams.
New this year!
We have made some exciting changes to the competition this year:
- Students can compete in two different tracks: teams commercializing their own ideas OR teams commercializing University-funded research.
- We are partnering with the College of Business to include workshops on finances, marketing, customer development and more.
- We will be offering more mentoring (from alumni and community) for teams throughout the competition.
Check out last year's winners.