Copyright © Entrepreneurship Foundation 

​​​​Entrepreneurship Foundation

Application deadline:  Apply at
SPRING 2018 Wednesday, April 11 at 11:59 pm  
The first step in the entry process will be to create a user name and password. This will enable you and your team members to return to revise your draft summary prior to Finalists will be notified 3 days prior to finals.

Finals (3-minute PowerPoint pitches plus Q&A.)  Parents, classmates and friends are welcome to attend.
SPRING 2018 Friday, April 20, at 1:00 pm in the New Haven area.
Finalists may present a Business Plan Executive Summary or a Business Model Canvas. 
(See next page for judging criteria.)   

Business Plan Competition Prizes:  All entrants will receive candid feedback from a business financing expert on their on-line executive summary.  Press releases announcing the finalists and winners will be sent to the media.  Cash and cash-equivalent service awards are granted to the student companies; trophies are awarded to the schools.  Checks will be made out to the company and winners will need to provide an FEIN or SSN of the team leader.  Categories:

Best Business Plan/Model – Venture Enterprise **  $2500 first place,$1000 second, $500 third.
Best Business Plan/Model – Service Business **    $2500 first place,$1000 second, $500 third

Best for-profit Social Enterprise $500
Best Oral Presentation   $500
Best Online Submission (written Executive Summary)  $500

Best Consumer Product $500

Best for-profit Social Enterprise $500

​ADDITIONAL STARTUP AWARDS (for which all finalists are eligible)

Pro bono legal services from Wiiggin and Dana valued at $2500.

Vouchers for reimbursement of expenses to launch a business in Connecticut

Discounted incubator and maker space memberships

Proof-of-concept vouchers redeemable at Connecticut universities

Engineering and product design consulting

Patent searches and provisional patent filings

Eligibility Requirements:
The team leader and primary presenter must be a student at a Connecticut college or university during the current academic year.  (Entries may be submitted by individuals or teams.)  In keeping with the spirit of the competition to foster entrepreneurship, neither plans written for outside companies as student projects nor plans written on behalf of a company not student-owned and conceived are eligible.
Teams must have a faculty adviser from the submitting institution . 

**  Service businesses typically are smaller, have a limited or local market, and serve small businesses or consumers.  Venture enterprises are generally higher risk, scalable, and require more capital but have higher potential returns.  This is often a judgment call as many businesses have characteristics of both. The decision of the judges is final.

Undergraduate Venture Capital Investment Competition (VCIC).  Schools are invited to enter teams of finance majors and other students interested in equity investment, to decide which of the business plan finalists they would invest in, how much, and for what percentage ownership. A trophy will be awarded to the school that recommends the most astute  investment in the opinion of the judges.  The winner of the Fall competition advances to the regional finals in Boston.

For details email


Competition administered by the Entrepreneurship Foundation, Inc., a 501c3 non-profit organization.     (203) 540-5903 

​Copyright 2016 © Entrepreneurship Foundation 

Finalists and Winners

Connecticut New Venture Competition
$20,000 in start-up support services and cash grants.

Copyright © Entrepreneurship Foundation 

Copyright © Entrepreneurship Foundation