From the pool of submissions, projects will be selected to present at the final event. From these chosen projects, the top three will receive the following awards:
First Place – $20,000
Second Place – $15,000
Third Place – $10,000
Finalists MUST complete the Payment Disbursement Form
The winners of the Launch! Competition MUST be incorporated to receive funds. Winners have up to one year to claim the funds. The UVA Entrepreneurship Group has various resources to help incorporate your project and provide any legal advice. Please, contact us for assistance. A one-of-a-kind bronze trophy was designed and created at UVA in the first year of the competition (2009), through collaboration between engineering and the arts (sculpture). This trophy sits in the school of the winning team for a year and is passed forward annually following the event.
2020 Summer Venture Lab Incubator Opportunity for Launch Winners
The winners of the Launch Competition will automatically be accepted into the Venture Lab Incubator, if interested. Jason Brewster, Director of the Incubator program, will gather additional information about interested teams and their projects.