Know any budding CU entrepreneurs who need only a good push to get their business off the ground? Point them to the New Venture Challenge (NVC).
You can think of the program as CU’s entrepreneurial “flight simulator.” Participants from majors across the university, in various levels of study, are invited to pitch their ideas for a chance to gain mentorship and financial support. Ideas are judged on three criteria: promising idea and feasibility, momentum (how much has been accomplished to date) and quality of presentation.
The NVC website states, “NVC is designed to help CU Boulder innovators, changemakers, ideators and entrepreneurs turn their ideas into a reality, even if they're not sure where to begin.”
The 2021 New Venture Challenge Championships took place on April 13. This year’s first place team was HUG solutions, who invented a device that helps deliver COVID-19 vaccinations to rural areas.
(Photo by Patrick Campbell/University of Colorado)