Launch! is the third and final stage of the UVA Entrepreneurship Cup, and its goal is to showcase and provide seed capital to the most compelling student ventures. In past years, upwards of $50,000 in total prize and in-kind resources have been awarded.
This stage of the competition is about commitment, sustainability, and scale. Are the students committed to the venture? Is it likely that that the venture, whether a for-profit or nonprofit, could be sustainable (i.e., financially and operationally viable)? Could this venture grow to have the impact and/or the upside imagined by the founders?
Students at this point are able to provide evidence of real customer and/or stakeholder demand, and can provide a vision for how the venture could become a sustainable business or non-profit. Furthermore, these student ventures have often also begun the process of assembling the team and resources to deliver their product or service to new customers.
Friday, March 27, 2020 – Submissions due by 12:00 p.m. Eastern Time (HIGH NOON)
Thursday, April 2, 2020 - 10 finalists are selected and notified by 5:00 p.m. EST via email
Wednesday, April 8, 2020 - 10 finalists submit their video pitch by 12:00 p.m. EST (High Noon) via email
Thursday, April 9, 2020 - Competition and announcement of winners
Launch Competition Award Winners:
First Place (venture receives $20,000): Q-Rayt
Second Place (venture receives $15,000): MetaCTF
Third Place (we had a tie for third place so each venture receives $5,000): MedLock and Rise Energy Systems
|Arbitrage||Jasmanet Chahal, Sai Samayamanthula, Pramod Grama and Aditya Sorot, College of Arts and Sciences 2021, Mihir Tandon, College of Arts and Sciences 2020, Elie Bashkow, College of Arts and Sciences 2023|
|MedLock LLC||Sahil Parikh, McIntire School of Commerce 2022; Rishub Handa and Roy Jad, Undergraduate School of Engineering and Applied Sciences 2022; Chase Dawson and Aditya Narayan, College of Arts and Sciences 2022; Brock Ferraro, Undergraduate School of Engineering and Applied Sciences 2021;|
|MetaCTF||Roman Bohuk and Jake Smith, Undergraduate School of Engineering and Applied Science 2020; Mariah A. Kenny, Undergraduate School of Engineering and Applied Science 2019; Marina Sanusi, Undergraduate School of Engineering and Applied Science 2018|
|Oemi Botanicals LLC||Morolake Thompson, Darden School of Business 2020; Allison Shimamoto and Cecily Sackey, Darden School of Business 2019|
|Q-Rayt||Srikar Gullapalli, Darden School of Business 2020|
|RevArt||Patti Pan and Le Michael Song, Darden School of Business 2020; Jiacheng Li and Wen Zhang, Darden School of Business 2021|
|Rise Energy Systems||Matthew Miller, Graduate School of Engineering and Applied Science 2021|
|Shelf Life||Anisha Sharma, Andrew Wheatley, and Jack Herrmann, Undergraduate School of Engineering and Applied Science 2021|
|Simple Saris||Daniel Dickey, Darden School of Business 2021; Natasha Madhyani|
|Transfoam||Alec Brewer, Undergraduate School of Engineering and Applied Science 2021; Simonne Guenette, College of Arts and Sciences 2022|
|TeamDiscovery||Casey Taylor, University of Virginia's College at Wise 2020; Leroy Green, University of Virginia's College at Wise 2020|
2020 Venture Lab Opportunity for Launch Winners
The winners of the Launch Competition will automatically be accepted into the 2020 Venture Lab, if interested. Jason Brewster, Director of the program, will gather additional information about interested teams and their projects.
For more information about the Launch! Competition, follow the links below: