2023 New Venture Competition
On April 14, the McGuire Center for Entrepreneurship held their annual New Venture Competition, at Eller College of Management.
This year, 18 student venture teams competed for $30,000 in cash and prizes. Filtra, Gesund Me, RevoLens, Betsee Popbook, Lukla Devices, Susulu Wellness, Common Code, Good Game Gambling, Inclusive Ingredients, Interlude Sleep Co., FarmWay, Mutuals, Spark, NexoTerra, Courseer, Taste Bubs, VYZ and Zephyr all competed for a chance to win the grand prize.
The day included a rapid-fire pitch competition with a trade show that is open to anyone and everyone.
The competition featured student ventures that were established in the New Venture Development Program which partners with students to help build a new venture from the ground up in one year.
This program helps to expand the knowledge of students on Entrepreneurship by offering hands-on experiences and helps to connect them with real-world entrepreneurs, mentors, and experts.
The student teams have spent their entire senior year working on their ventures and have used their extensive entrepreneurship education to create a launch-ready venture from an idea.
The team that finished in first place was Filtra—high-fidelity earplugs that protect individuals’ hearing in the construction and manufacturing industries—taking home a $10,000 prize. Followed by that finishing in second was Revolens—biomedical contact lenses that monitor blood and glucose levels using advanced optical metasurfaces—and in third was Nexoterra—which repurpose organic waste to create products that support the market.