Organized by the University of Illinois’ Technology Entrepreneur Center and the Academy for Entrepreneurial Leadership, the Cozad New Venture Competition (CNVC) is designed to encourage students, researchers, and community members to create new sustainable businesses in the Champaign-Urbana area. The competition encourages the development of the entrepreneurial spirit through teamwork and competition. Teams are invited to create a business plan around a topic of their choice.
Assistance is available in the form of mentors, workshops, courses, and Illinois Launch, a new venture pipeline program designed to help start-ups at any stage of development. Teams in the final round will compete for an estimated $60,000 in cash, plus valuable in-kind prizes. Finalists and winners will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges for the finals round.