How Five Ventures Works
Five Ventures® focus is on high-growth businesses. Finalists will be selected from the following business sectors: Pharmaceutical, Medical Devices, Energy, Green Tech, Information Technology, Software-as-a-Service, Retail and Students.
If you would like to compete in Five Ventures® and have questions on how to categorize your business. To download the Five Ventures® Application - CLICK HERE.
Who We Look For
Five Ventures® focus is on early-stage high-growth businesses with less than $350,000 in third party investment or revenue (excluding grants). Entrepreneurs are to submit a two-page Executive Summary for review. All Executive Summaries are rated by our review committee. Once an Executive Summary is ranked, entrepreneurs will be given a report notifying them of their status along with recommendations for improvement. The deadline for final applications is February 16, 2010. A lecture series will be presented from January 19 to February 11 providing valuable guidance for both entrepreneurs.
Five Ventures® Semi-Finals
Approximately 40 Executive Summaries will be chosen to present in the Semi-Finals. Student competitors will compete on March 1, 2010. Non-Student teams will compete on March 2, 2010. Each team will have 8 minutes to present their business concept to our Executive Committee followed by 3-5 minutes of Q&A.
The top five Student teams will compete in the finals. The top three Non-Student scores within each category will move on to the finals.
Students teams are free. Non-Student teams are required to pay a $75 application fee. Only teams that qualify for the Semi-Finals will be assessed the $75 fee, all others will be refunded. 100% of all application fees will be added to the cash prizes pool for the winners of the 2010 Five Ventures® Competition.
Non-Student Teams please Click HERE to submit your $75 Application Fee.
Five Ventures® Finals
There will be a total of 17 finalists (5 Student Teams & 12 Non-Student Teams) competing in the Five Ventures® Finals Competition. Five champions will emerge (one per category). Prior to the finals on April 13, 2010, each team is assigned 2-3 coaches designed to give one-on-one consultation. On April 13, 2010 entrepreneurs will compete, on-stage in front of a live audience on the campus of UNC Charlotte. Entrepreneurs will participate in a series of “pitch sessions” and “role playing exercises” to determine each sector champion.
The champion and runner-up of each category will receive awards. The amount of each prize will be announced as soon as our fund raising campaign is complete. All finalists will receive in-kind services from our list of premium service providers. Specific services and the value of those services will be announced in April 2010.
February 16Final Executive Summary Applications Due - CLICK HERE TO DOWNLOAD
All Semi-Finalists Announced
Five Ventures® Student Semi-Finals – UNC Charlotte Student Union