A Cross-Campus Venture Competition
We are excited to announce that the McGinnis Venture Competition, a platform exclusively for Carnegie Mellon University’s global community of student entrepreneurs, is open. The application deadline is Thursday, January 15, 2015.
The McGinnis Venture Competition brings together Carnegie Mellon's best and brightest student entrepreneurs to compete for $60K in investments. All participants receive crucial interaction with alumni entrepreneurs and venture capitalists, an opportunity to raise capital and valuable feedback on their ventures.
This multi-round competition kicks off in early January, starting with two virtual rounds and culminating in a final live round celebration at Carnegie Mellon University on Thursday, March 26, 2015.
Tepper's New Online Magazine Features Lots of News from the CMU CIE
CONNECTS: The Benefits and Perils of Using Open Source Code for your Startup
Friday, January 23, 2015
3:00 pm to 4:30 pm
Newell Simon Hall 3305
A number of recent CMU startups have figured out ways to commercialize their research using an open-source model, despite misconceptions that it is hard to make money using the software. Because it is free, there are no restrictions to use the software for commercial purposes.
Elijah Mayfield, a former Ph.D. student from the Language Technologies Institute at CMU, and CEO of LightSide Labs, led his company to acquisition by Turnitin this year. The LightSide Labs venture was also a former Project Olympus PROBE. Elijah will share his experience with commercializing research software in educational technology, discuss LightSide's founding, growth, scale, and the role that open source software and intellectual property played in the startup's success. He will also talk about best practices for building software that interoperates between open-source and proprietary code, focusing on viral open source licenses like the GPL. CMU's Center for Technology Transfer and Enterprise Creation (CTTEC) will also be available to answer any questions.
Find out what our partners are doing!
SUMMER FELLOWSHIP WITH LIGHTSPEED VENTURE PARTNERS
Calling all CMU students! Earn up to $45,000 this summer to build your startup by applying to the Lightspeed Summer Fellowship Program. Teams of 1 to 4 people may submit proposals. Each team must include at least one student (graduate or undergraduate in Engineering or Computer Science) who will have been a full-time student in the 2014-2015 academic year.
This exciting program provides resources, mentorship and guidance to help develop your entrepreneurship skills and build your idea into a company. Now in its 9th year and with over 200 alumni, the program is designed to enable young, engineering-minded entrepreneurs to work full-time under the guidance of seasoned venture capitalists and other successful founders to build all aspects of a business from the ground up.
Each selected team will receive $5,000 per team and $10,000 per team member, mentoring from Lightspeed’s partners, space at Lightspeed’s office in Menlo Park, CA, and additional resources to help you make connections and get started.
Applications for Round 1 are due January 15, 2015. Find out more and apply.