From the BR Venture Fund for the Entrepreneurial Community

Overview

The Cornell Venture Challenge (CVC) is Cornell University’s prestigious Business Plan Competition. On April 19^th 2012 and during the Entrepreneurship@Cornell Celebration event, successful applicants will get the chance to pitch new and exciting business ideas to a panel of professional investors and entrepreneurs. The winners of the competition will earn a $10,000 cash prize (non-dilutive funding) to push their ideas forward.

This competition provides a way for burgeoning entrepreneurial ideas/teams to gain experience, exposure, and financing to help launch successful ventures. The teams selected to compete will receive pitch experience including preparation and feedback from seasoned professionals. In the past this unique exposure has led to follow-on investment and formal advisor relationships.

The competition is sponsored by BR Venture Fund (BRV), a student-run venture capital fund, at Cornell University’s Johnson School of Graduate Management.

Awards

1^st: $10,000

2^nd: $2,500

3^rd: $1,000

The winning teams will receive a check from the BR Venture Fund at the Celebration Banquet.

BRV will write a first prize check for $10,000, second prize $2,500 and third prize $1,000 to be handed over at the Celebration Banquet on April 19th, 2012. Winning teams must be present at the banquet, or they will be disqualified and the runner-up will be awarded first prize.

CCTEC (Cornell Center for Technology Enterprise and Commercialization) may double the prize money by applying the Cornell Technology Transfer Prize to winners who use intellectual property developed at Cornell and disclosed to CCTEC before CVC application submission.

All prize winners will also be reviewed by BR Venture Fund for possible investment; subject to mutual interest and mutually agreeable terms