TEAM MEMBERS

i.    Any team with an undergraduate or graduate student currently enrolled in a degree program at UVA, or post-doctoral trainees at the University, may enter the competition. Faculty, staff, and alumni are encouraged to participate by providing advice or mentoring and can be listed as team members. A maximum 6 people are allowed on each team.

ii.    Only current UVA students may participate in the team’s presentation including Q&A.

iii.    At least one UVA team member has to be physically present to be in the finals. Video conferencing is not allowed for in person competitions. 

iv.    If an entrant is in the finals for more than one submission, that entrant can only present for ONE presentation in the final competition.

v.    A maximum 6 people are allowed on each team.

PREVIOUS PARTICIPATION

i.    Projects can be entered into the UVA E-Cup at any stage.  To enter a project in the Discovery Competition, it does not have to be entered in the Concept or Launch Competition.

ii.    Note that “new business projects” excludes business projects that have placed in this competition in a previous academic year.

FUNDING

Business projects that have generated greater than $75,000 in revenue, are or were part of another project, or raised funding for equity other than from the team members are not eligible to participate. Funding in the form of non-equity grants and awards is allowed.

Concepts based entirely on externally funded research may not compete, but new applications of UVA funded research may compete. In order to compete, participants must have legal access to, ownership of or written permission from the owners of the technology they are presenting.

PRIZE DISTRIBUTION

Teams invited to present in the Discovery competition will be required to submit documentation describing how any prize monies are to be divided among team members. Each team member must sign off on these distribution details prior to the final presentations. Only currently enrolled UVA students may receive prize monies.  Finalists completing the payments sign-off form must list 0 for the percentage breakdown for those team members that are not currently enrolled students. See the Awards section for the payment form and information on student financial aid.