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Top Award of $25,000
For the Winning Team
invitation to the Global Venture Challenge from Oak Ridge National
Laboratory Director Thom Mason
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Global Venture Challenge
March 25-28, 2009
Global Venture Challenge 2009 is an educational
event designed to foster entrepreneurial spirit by engaging students,
industry, government and the investment community in the discovery
and development of innovative ideas. The ultimate goal is to encourage
students to launch new technology-based businesses that
can improve the well-being of the world. Specific areas of interest
include Industrial Energy Efficiency.
Global Venture Challenge 2009 builds on a successful event held at
Oak Ridge for the last two years. Fifteen interdisciplinary graduate
school teams from the U.S. and the United Kingdom presented business
ideas and competed for a $25,000 cash prize. Additionally,
investors met with start-up companies from across the southeastern
The focus of this year's event is again on energy,
one of the world's most critical issues. Graduate school teams from
across the globe are being recruited to develop unique and innovative product
ideas that can solve existing market needs and
have the potential to become sustainable businesses.
We will again utilize the Idea to Product ® competition model,
which identifies market-viable technologies faster than traditional
business plan competitions. Team submissions will be judged by diverse
panels consisting of experienced energy executives, venture capitalists,
technologists, entrepreneurs and the legal profession.
new addition to the program this year is an Idea to Product® competition
for high school students, presented by the University of Tennessee,
where students will compete for $1000 - $4000 scholarships. Participants
will observe the graduate school competition at the Oak Ridge National
Laboratory, tour the Knoxville campus and learn more about entrepreneurship
at the University of Tennessee.
Another feature of the event is the Energy
Venture Showcase which
highlights selected start-up companies and gives them the opportunity
to interact with industry and the investment community. Not only
will these companies receive valuable advice for furthering their
businesses, but entrepreneurial students will see first-hand what
will be required of them as they launch their businesses.
If you would like to find out more information,
please review last years Global
Venture Challenge 2008.
* Idea to Product and I2P are registered trademarks of The University