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Central Michigan University - New Venture Competition 2014

Welcome to the Central Michigan University New Venture Competition. If you have not logged in before, please click the REGISTER button and follow the instructions. If you have already registered, please log in using your email address and password 

The Central Michigan University New Venture Competition (NVC) provides a forum and serves as a catalyst for students to turn their ideas into sustainable business ventures. All participating teams gain insight, advice, mentorship and expertise from seasoned entrepreneurs, alumni, venture capital experts, angel investors and community leaders.

The experience offers workshops, coaching, and networking over an eight month period, starting in September and culminating on Venture Competition Day, March 28, 2014.

Entrepreneurs are encouraged to gather customer and marketplace input, build a rough prototype of their "product or service" and use the information to improve and evolve their start-up business. 

The New Venture Competition is for new ventures or ventures that are in an early stage of launch.  It is designed to create an opportunity for students who have business start-up ideas to get them going, through connections to resources including the potential of earning start-up capital.  For the past two years we invited students from Michigan Technological University to compete with the Central Michigan University students to encourage collaboration between the universities.

Involvement of CMU:

·       Encourage students with the entrepreneurial passion & ideas to participate

·       Provide Leadership, Support, and Mentoring

·       Provide bi-monthly Workshops over an eight month time period

·       Final One Day Competition showcasing the student competitors

 

Start-Up Capital AWARDS for NVC 2014

Best Overall Venture - $ 30,000
Best Social Venture - $ 10,000
Best Technology Venture - $ 10,000
Most Impact on Michigan Venture - $ 10,000
Highest Growth Potential Venture - $ 10,000
Best Lifestyle Venture - $ 5,000
Spirit of Entrepreneurship Venture - In-Kind Services


Pitching Awards:
Best Overall Pitch - $ 1,000
1st Runner Up - $ 500
2nd Runner Up - $ 250

 


The CMU NVC 2013 awarded over $65,000 in start-up cash and in-kind prizes for start-up capital. 

2013 NVC Winners

Award Prize Sponsor Winner
Best Overall Venture $30,000 CBA Foundation Solar Cycle Lights
Best Social Venture $10,000 CBA Foundation A Hero's Home
Highest Growth Venture $10,000 Wayne & Vicki Korson Upland Nanotech
Best Technology $10,000 SpinifexIT Northern Aquaponics
Most Impact on MI $5,000 Pure Michigan OptimEV
Spirit of Entrepreneurship "Right Choice Program" CMU-RC Campus Wheels
1st Place Pitch $1,000   Ring Around the Children
2nd Place Pitch $500   Upland Nanotech

(Note - competition is only open to Central Michigan University and Michigan Technological University teams. See the official rules for more details). 

 

Thank you for your interest in the CMU New Venture Competition. 

- The CMU Isabella Bank Institute for Entrepreneurship

 

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