Michigan Technological University
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School of Business and Economics

2012 New Venture Competition

Have a business idea? Have new technology idea? No idea at all, but like the idea of starting a business? This is for you.

Michigan Technological University and Central Michigan University have partnered to create the New Venture Competition – one of the country’s top business plan competitions. First place winners will take home $30,000 to be used toward launching and growing your business. The cash is going to someone – why not YOU?

Did we mention that second and third place will win, too? Yup! $10,000 and $5,000.

Ready to Learn More?

Teams of two to five students will develop a business plan with the help of expert mentors. Business plans will be judged by senior-level investors and industry leaders, evaluated from the perspective of bankers, angel investors and venture capitalists.

Teams may be formed across fields of study, and the competition is open to any on-campus undergraduate or graduate students attending Central Michigan University or Michigan Tech in Spring 2012.

To compete, teams must submit an Intent to Participate form by November 18, 2011. Business plans will be presented and judged on March 30, 2012.

Get Involved

Students are meeting weekly to discuss ideas, form teams, and make a plan to win $30,000 this spring. You can get involved by sending an email to nvc-l@mtu.edu. More information will also be on this website as it becomes available.

Frequently Asked Questions

Can non-students participate?

In order to enter, the team leader must be a full time or part time matriculated student, undergraduate or gradual level who is currently enrolled in and pursuing a degree program, and who is registered at CMU or MTU in the Fall 2011 or Spring Semester 2012. Students may participate in teams of no fewer than two and no more than five members. At least one member must be on campus and enrolled full time during the spring 2012 semester.

Participants may use any resources to help create the business plan; however only students enrolled in either Michigan Tech or Central Michigan University can compete.

Can I participate on more than one team?

No, participants may only compete on one team.

Where can I find the official rules?

Download the official rules.

Michigan Technological University is an equal opportunity educational institution/equal opportunity employer.

School of Business and Economics

Academic Office Building, 1st Floor
1400 Townsend Drive
Houghton, Michigan 49931-1295

Ph. 906-487-2668
Fax: 906-487-1863
Email: business@mtu.edu

Michigan Technological University

1400 Townsend Drive
Houghton, Michigan 49931-1295
906-487-1885

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