Charlotte Venture Challenge Accepting Applications for 2014 Competition

CHARLOTTE – Feb. 5, 2014 - Charlotte Venture Challenge, the business innovation competition, is accepting applications from early-stage entrepreneurial companies through Monday, March 3.

Organized by UNC Charlotte’s Charlotte Research Institute and Ventureprise, Charlotte Venture Challenge has become the premiere start-up competition in the Southeast attracting more than 200 startup companies in the last two years.

Judged by innovation executives and tech scouts from Fortune 500 companies, angel investors and venture capitalists, the challenge is seeking applicants in six categories: New Energy and High Tech,  IT and Informatics, Health IT and Biotech Sciences,  Consumer Products and Services, Student Undergraduate Ventures and Student Graduate Ventures.  Students enrolled in community colleges or four-year institutions must operate entries in the undergraduate and graduate categories.

In its 13th year, the Charlotte Venture Challenge is open to companies in the Carolinas, Tennessee, Virginia, Georgia and Washington, D.C.

“The competition is designed to match startups with large potential customers and provide early introductions to investors,” said Devin Collins, assistant director of business and entrepreneurial development at UNC Charlotte’s Charlotte Research Institute.  “Charlotte has a great base of Fortune 500 companies that are actively involved with CVC and we are excited to attract more to the southeast to connect with our innovative startups.” 

A series of workshops for registered start-ups will begin on Tuesday, Feb. 18. Prior to the competition finals, registrants will learn about opportunity assessments, receive feedback and have the chance to network. The finals and awards will be held on Tuesday, May, 6.

For more information and application details, visit CharlotteVentureChallenge.com.

About Charlotte Venture Challenge

The Five Ventures Business Innovation Competition was founded in 2001 with the goal of helping early-stage UNC Charlotte businesses grow. Since those early days and through the support of UNC Charlotte’s Charlotte Research Institute, Office of Technology Transfer and Belk College of Business sponsors, service providers and a number of dedicated partners, the competition has grown into a region-wide economic development competition attracting companies from all over the Southeast. Since the first competition, more than 200 start-ups have progressed to the finals where community experts have mentored them. Alumni companies have gone on to raise over $40 million in venture capital and have continued to gain national and international attention. The competition’s name was changed in 2012 to the Charlotte Venture Challenge.

 

About CRI

The Charlotte Research Institute, part of The University of North Carolina at Charlotte, helps the region's economy by facilitating partnerships between the University's applied research programs and government agencies, industry and academia.

 

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Ventureprise contact: Devin Collins, devin.collins@uncc.edu.

University Communications media relations contact:  Buffie Stephens, 704-687-5830, BuffieStephens@uncc.edu

 

 

Date Published: 
Wednesday, February 5, 2014