Entering its 9th year, the CU New Venture Challenge (NVC) has created a reputation as the go-to program for aspiring entrepreneurs across the CU Boulder campus. There has been a 300% increase in participation since the first Challenge in 2009. The NVC is CU Boulder’s entrepreneurial “flight simulator,” giving teams the chance to build a startup with support and mentorship from across campus as well as many of the area’s most important entrepreneurs, startups and established businesses.
The NVC is divided into industry-specific “tracks” targeted to help specific business types including General, Information Technology, Research and Development and Performing Arts. The Social Impact Prize encourages teams to take into account social and environmental responsibility and the Women’sEntrepreneurship Prize encourages and promotes female entrepreneurs. In NVC8, about one quarter of all teams had woman founders or core members.
Participants in the NVC represent various majors and departments, including: computer science, law, environmental design, music, business, engineering, ATLAS, and more. From undergraduate to graduate and PhD to faculty and staff, everying across campus is encouraged to participate.
The NVC is a hub for an immense amount of talent because of its location at the intersection of a top research university, an internationally recognized startup community and one of the nation’s best cities in which to live.
Please visit our FAQ page for all of your questions.
First Place: Hive Tech Solutions
Second Place: Grownetics
Third Place: The Space Research Company
Runners Up: Sing It Forward & Outloud!
Congratulations to all NVC 8 Track and Prize Winners!
I/T Track : Grownetics
R/D Track: The Space Research Company
General Track: Hive Tech Solutions
Social Impact Prize: The Space Research Company
Women’s Entrepreneurship Prize: Hive Tech Solutions
Newcomer of the Year Award: Off the Wall Language
Collapse the Campus Award: ReVision
Rising Star Award: Qualify
First Place: Revolar
Second Place: NuBru Coffee
Third Place: Blue Star Medical Devices
Runners Up: Antigua Brewing Co. & Tenor
Congratulations to all NVC7 Track Winners!
I/T Track: (1) Revolar, (2) TENOR, (3) 401K Fantasy, (4) The Shame Lady
R/D Track: (1) Blue Star Medical Devices, (2) NuBru Coffee, (3) The Space Research Co.
Social Impact (Awards): (1) Revolar, (2) Antigua Brewing Co.
Did you miss the NVC Finals? Check out the videos of the 5 pitches here.
This year’s NVC Finals were so competitive, the judges could not choose just one first place winner. As such, the judges gave a first place tie to Varsity and Malleable Medical Tech, who both took home $10,000 each. Having awarded the entire pool of $20,000 prize money to the first place teams, the judges decided to fund the third place prize themselves! NeuroPractice rounded out the top three and took home $1,000 in prize money that was generously donated by the judges at the last minute.
Wakeio and Agribotix also competed in the NVC Finals and the judges noted that had these teams competed in another year, they easily would have won first place. Congrats to all the teams who participated in this year’s NVC!
Congratulations to all NVC6 Track Winners!
Mobile App Track: (1) Wakeio, (2) Cue, (3) Riffle
General Track Champion: Malleable Medical Technologies (Mallinda)
Malleable Medical Technologies leverages an exciting advance in polymer chemistry to create easily-customizable, high performing orthopedic devices. Make sure to check them out at the NVC Finals on April 22nd!
IT Track Champion: Varsity
Varsity became the champion of the IT Track on April 10th at what was the most competitive IT Track competition yet. Keep you eye out for the other IT finalist teams: Congo, Trunkit, and Virtuoso! Make sure to check out Varsity at the NVC Final Championships on April 22nd!
Cleantech Track Winner: Agribotix
On Wednesday, Agribotix became the winner of the Cleantech Track and they will advance on to the NVC Finals on April 22nd. Congrats to all of the incredible and innovative teams that pitched during the Cleantech Track! Picking a winner was difficult! Thanks to Paul at 23rd Studios for sharing these great pictures!
Social Impact Champion: Second Family
Wild Card: TuTaxi
Music Track Champion: Piano Plus
General Business Champion: SnowGate
Cleantech Champion: Boom Algae (formerly, Superior EcoTech)
IT Champion: TeacherMaps
1st Place (NVC Champion): rideorama.com – $4,000
2nd Place: Urban Farm Company – $2,000
3rd Place: Rebound Technology – $2,000
AUDIENCE CHOICE: rideorama.com
Cleantech Champions: Thrive Energy
Social Impact Champions: Urban Farm Company
Music Champions: Ensemble Pearl
General Champions: Mobius Creations
IT Champions: rideorama.com
1st Place (NVC Champion): Green Truck – $7,000
2nd Place: CleanPlate – $3,000
3rd Place: L’Esperance – $2,000
1st Place: Streat Chefs – $6,000
2nd Place: Jobsite Visitor.com – $3,000
3rd Place: Dymotion – $2,000
Judges Choice Rwanda Rocket Stoves – $250
College of Music Boulder Brass Band – $3,500
1st Place: Knova Learning
2nd Place: 3QMatrix
3rd Place: Fetcht
Computer Science Award: TechoShark, Inc.
Honorable Mention CS Award: Ap.igy
Most Innovative: Conifer Quantum Technology
Press release covering NVC 1: April 20, 2009 Press Release