Cozad New Venture Competition Kickoff
The Technology Entrepreneur Center will host a CNVC Kickoff event that will include an overview of the Competition and a reception. The Kickoff will be held on
Wednesday, November 4 at the Illini Union Room 314AB at 5:00pm.
Dinner will be provided.
Click HERE to pre-register.
Students are encouraged to stay for the reception, to continue networking.
The V. Dale Cozad New Venture Competition (CNVC) is designed to encourage students, researchers, and community members to create new sustainable businesses in the Champaign-Urbana area. The contest encourages the development of the entrepreneurial spirit through teamwork and competition. Teams are invited to create a venture pitch around an idea of their choice. Assistance is available in the form of mentors, workshops, and courses to guide teams through the phases of venture creation.
Various prizes provide for a wide range of opportunities for different ventures. Your venture idea may focus on a technology, consumer product, service, even a social venture. Teams may have members from any College. More information regarding specific prize categories is available in the Prizes section of this document.
There is no limit to the number of teams that can enter the CNVC. The Technology Entrepreneur Center (TEC) and the Academy for Entrepreneurial Leadership (Academy) will work with judges to determine a list of finalist teams that will present their venture pitches at the Finals Event. Teams in the final round will compete for an estimated $40,000 in cash, plus valuable in-kind prizes. Finalists and winners will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges for the finals round.
Entry deadline:
Each team must indicate their intent to compete in the CNVC no later than Friday, January 22, 2010 , by 5:00 PM. To enter, one individual from each team should complete the online Intent to Compete Form available through the CNVC website (www.cozadcompetition.illinois.edu). Each team member must sign a Rules Acknowledgement and Waiver form (also found on the CNVC website) and turn it in to the TEC (350 Coordinated Science Laboratory (CSL), 1308 W. Main St., U.) by Monday, February 8, 2010. Failure to turn in necessary forms may result in ineligibility for the team. (For complete eligibility requirements, please see the “Eligibility” section of this document.)
Each team should submit a One Page Business Plan (OPBP) via the electronic form found on the CNVC website. OPBPs must be submitted via this form – alternate forms will not be accepted. OPBPs must be submitted by Monday, February 1, 2010. The OPBP round is not a qualification round – that is, no teams will be eliminated in this round. The OPBP is meant to be a way for teams to receive feedback from TEC and Academy faculty and other experts. Feedback will be provided to teams by 5:00 PM on Friday, February 5, 2010. |
