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The Concept Competition is the first stage in a three part series of annual competitions organized under the UVA Entrepreneurship Cup. $25,000 in total prize money will be awarded as part of the Concept Stage.

The purpose of the Concept stage of the competition is to surface and seed ideas from all parts of the university at every stage of development. Students are encouraged to come up with out-of-the-box ideas that could be translated into compelling projects. Submissions are not expected to be a full business plan, and will not be penalized for not having a working prototype, fully developed team, forecast, revenues, etc.

The Concept Competition for the 2016-2017 academic year will be organized according to five themed tracks:

  • Health Care Services & Technologies
  • Social Entrepreneurship
  • Consumer/Business-to-Business
  • Science/Technology/Innovation
  • UVA Wise (for students studying at the UVA College at Wise ONLY)

Students are allowed to enter the Track of their choosing, but encouraged to enter the Track that seems most appropriate for their project. The top five projects in each of the five Tracks will be awarded $1,000 each, for a total of $25,000 in awards.

Percentage of who competed in which track 2015-2016:

UVA Wise 4%
Consumer/Business-to-Business 43%
Health Care Services & Technologies 18%
Social Entrepreneurship 27%
Science/Engineering 8%

For more information about the Concept Competition, follow the links below: