Competitors-Center for Innovation and Entrepreneurship - Carnegie Mellon University


The McGinnis Venture Competition is a three-round business competition, the first two rounds are virtual and the final round is live. Submission requirements and guidelines can be found below. Teams that advance to the final round should use all feedback from previous rounds to their competitive advantage.

Why Compete?

Grand Prizes

Teams compete for the chance to win investments worth a total of $60K.*

Prize Allocation:

Graduate Track

  • First Place: $25,000
  • Second Place: $15,000
  • Third Place: $10,000

Undergraduate Track
Undergraduate track winners also are awarded a place in the CMU Venture Challenge

  • First Place: $4,000
  • Second Place: $2,500

The remaining $3,500 will sponsor the CMU Venture Challenge.

*Investments are awarded in the form of a convertible note.

Help Along the Way

CONNECTS events are held throughout the year to help teams prepare.

Here are a few video resources that we suggest to help with your video pitch: 


This year's competition will include coaches for each team that declares participation in the McGinnis Venture Competition via iStart by Tuesday, December 1. The CIE staff will match the appropriate team with an appropriate coach. If a team is not registered by Tuesday, December 1, the CIE cannot guarantee that a coach will be assigned for the competition.

Networking Opportunities

Meet and interact with peers who are also passionate about entrepreneurship, and gain access to Carnegie Mellon’s amazing entrepreneurial alumni network. Teams from all rounds enjoy access to exclusive networking events.


Teams interested in competing should carefully read the eligibility rules, requirements and guidelines and judging criteria (below).

Registration is closed.

Eligibility Details

Track Details

Requirements and Guidelines: Round 1

Requirements and Guidelines: Round 2

Requirements and Guidelines: Round 3

Confidentiality and Intellectual Property Guidelines

Judging Guidelines

Coaching Guidelines

CIE Calendar

2017 Important Dates & Deadlines

Stay tuned for more information.