23 student new ventures to compete for $40,000 in cash and prizes at 2019 New Venture Competition

April 19, 2019

TUCSON (April 25, 2019) – Imagine a world where you can walk into a store, grab what you need and leave-no lines, no hassle. Consider the environmental benefits of renewable raw materials for the Earth-conscious crafter. Think of the peace-of-mind travelers would have if they could convert their vacation itinerary into a short, personalized preview video of what to expect from the real trip.

These are just three new venture concepts that could receive funding when 23 student startups compete for more than $40,000 in cash and prizes during the 2019 McGuire New Venture Competition on Thursday, April 25. The rapid-fire rocket pitch competition and trade show is open to the public and takes place from 11 a.m. to 6 p.m. at a new venue this year, the North Ballroom in the Student Union Memorial Center, 1301 E. University Blvd, Tucson, AZ 85719.  

Students presenting their new ventures are enrolled in the Eller College of Management's McGuire New Venture Development Program, where they have received nearly a year of intensive experiential education that engages them in the process of moving innovation from an early-stage idea to a sustainable launch-ready venture. The competitive-entry program is open to undergraduate and graduate students from across the University of Arizona. The New Venture Development Program class of 2019 is made up of 104 students from cross-campus colleges including the Eller College of Management, College of Engineering and College of Optics.

Several McGuire student startups have gone on to realize substantial growth after competing in the New Venture Competition.

“We have many entrepreneurship success stories,” Paulo Goes says. “McGuire alumni have co-founded ground-breaking ventures across a wide range of industries, such as Lyft, the rideshare company, Notehall, an online marketplace for class notes that was featured on "Shark Tank" and acquired by the digital textbook company Chegg for $9.5 million, and Avery Therapeutics, a Tucson-based biotech startup that aims to change the way heart failure is treated – and possibly even cure it.” 

This year’s event sponsors include H.N. and Frances C. Berger Foundation and Microsoft, the McGuire Center’s Annual Social Impact Sponsor. For more details and to see a list of this year’s student venture teams, visit the McGuire Center website.

Meet the ten finalists competing in the semi-finals of the New Venture Competition: 



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