Each year, UVA students are presented with the opportunity to participate in a range of new venture competitions and funding opportunities. Those competitions and challenges associated with the Galant Center and the University of Virginia include:
The Galant Challenge
The mission of the Galant Challenge is to connect seed-stage ventures with seed-stage investment capital. We invite individual angel investors and seed capital firms who regularly invest in seed-stage startups to connect with, evaluate, and—when the opportunity is compelling—invest in participating ventures. To date, the event has resulted in nearly $1 million of venture investments.
In the fall, the Entrepreneurship Group at U.Va. presents students with the opportunity to pitch their business concepts, creative ideas, life hacks, new products, and nonprofit initiatives in 60 seconds or less. Along with getting useful feedback from a panel of experts and investors, students also have a chance to win cash on the spot!
Beyond the Galant Center
U.Va. Entrepreneurship Cup (E-Cup)
The U.Va. Entrepreneurship Cup is a concept competition open to all UVA undergraduates, graduate students and post-doctoral fellows. This annual competition, which in 2014 offered a total pool of $100,000 in award funding, seeks to enrich the area's entrepreneurial community by encouraging new ventures with the potential to address unmet needs, solve social and economic problems, and do so in an interdisciplinary way.
Darden Business Plan Competition
The Darden Business Plan Competition features student pitches that aim to demonstrate the value of the business, capture the elements of a business plan in a high-impact PowerPoint, video, and executive-summary-based format.
Effectual De-Risking Competition
The Effectual De-Risking competition hosted by the Darden School of Business requires students to demonstrate that they have taken steps to "de-risk" their idea. De-risking is a process expert entrepreneurs undergo after they have conceived of their idea, and before they invest significant time and/or money. First-, second-, and third-place winners are awarded with cash prizes as well as in-kind legal services specializing in technology, life sciences, and growth enterprises worldwide.