Carnegie Mellon University
McGinnis Venutre Competition Final Round

McGinnis Venture Competition

The McGinnis Venture Competition, a platform exclusively for Carnegie Mellon University's community of student entrepreneurs, 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 about 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.

Direct any questions to Allyson Hince.


McGinnis Venture Competition

The 2026 McGinnis Venture Competition applications opens on Tuesday, October 28, 2025. The Round 1 submission deadline is on Tuesday, January 13, 2026 via our online platform, Pralent. Teams who create a profile, register for the competition and start their submission by Monday, December 1, 2025 are guaranteed to be assigned a coach for the competition; for those who register after December 1, 2025, are not guaranteed a coach assignment.

The final round pitches will be held on Tuesday, March 17, 2026. 

Thank you to the McGinnis family

Lessons Learned from Jerry McGinnis

Will Kaigler-Jerry McGinnis Lessons

alicia and jerry mcginnis

The McGinnis Venture Competition is made possible by a generous endowment from Gerald E. McGinnis, founder of Respironics.

McGinnis Family

Thank you to the McGinnis family.

What They Say


Matt Spettel, trainwell

Alex Baikovitz, Mach9

Prize Allocation

OctaPulse

Graduate Track

First Place

$25,000

Second Place

$15,000

Third Place

$10,000

Pitching

Undergraduate Track

First Place

$4,000

Second Place

$2,500

Bonus

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

photo of McGinnis winners

*Investments are awarded in the form of a SAFE. The remaining $3,500 will sponsor the CMU Venture Challenge.

Plus Get

Coaching

Coaching

The competition includes coaches for each team that declares participation in the McGinnis Venture Competition. The Swartz Center staff will match the appropriate team with an appropriate coach. If a team is not registered by the deadline the Swartz Center cannot guarantee that a coach will be assigned.

McGinnis Networking

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.

Help along the way

Help Along the Way

CONNECTS events are held throughout the year to help teams prepare. Please try to attend the seminars that are focused on the McGinnis Venture Competition & the Social Enterprise Prize.

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


Intro to CMU Libraries Databases for Market & Competitive Research with Jen McKee

Wednesday, December 3, 2025
12:30 - 1:30 p.m. EST
Virtual

All applicants will be sent the virtual invite to attend

Facilitated by CMU's Business & Entrepreneurship Librarian - Jen McKee - in this session, attendees will receive a guided overview about the various business resources that the Libraries provides access to. These tools and databases enable you to undertake highly effective secondary market research, which will help competitors save time and develop stronger pitches!

Important 2025-26 Dates and Deadlines

Tues, Oct 28, 2025
Applications open via Pralent. 


Application requirements: 4-minute Pitch Video (Youtube Link) and Pitch Deck (PDF)

Wed, Nov 12, 2025
Virtual Info Session

11:00 a.m. - 12:00 p.m. EST-Virtual

Register

Mon, Dec 1, 2025
Create a log in via Pralent, register for the competition via Pralent and start your application to receive a coach

If you create a log in via Pralent, register for the McGinnis Venture Competition and start your submission to include your team name, team description, team members, and area of expertise by December 1, and you will be guaranteed to be assigned a coach for the competition; for those who do this after December 1, we cannot guarantee that you will be assigned a coach for the competition.

Wed, Dec 3, 2025
Intro to CMU Libraries Databases for Market & Competitive Research with Jen McKee 

12:30 - 1:30 p.m. EST
-Virtual
All applicants will be sent the virtual invite to attend

Facilitated by CMU's Business & Entrepreneurship Librarian - Jen McKee - in this session, attendees will receive a guided overview about the various business resources that the Libraries provides access to. These tools and databases enable you to undertake highly effective secondary market research, which will help competitors save time and develop stronger pitches!

Wed, Jan 7, 2026
Virtual Info Session

11:00 a.m. - 12:00 p.m. EST-Virtual

Register

Tues, Jan 13, 2026
Round 1 Submission Deadline at 11:59 pm EST via our online platform.

Tues, Jan 20, 2026
Round 1Team Mixer
5:00 - 6:30 p.m. EST

Swartz Center for Entrepreneurship Main Space
Carnegie Mellon University

Tepper Quad
, 3rd Level

4765 Forbes Avenue

Pittsburgh, PA 15213

More info to follow.

Thurs, Jan 29, 2026
Teams notified. Round 2 begins at 2 pm EST.

Tues, Feb 10, 2026
Round 2 submission deadline at 11:59 pm EST

Thurs, Feb 26, 2026
Teams notified. Round 3 Begins at 2 pm EST

Tues, March 10, 2026
Round 3 Mini-Business Plan [pdf] due at 11:59 pm EST via our online platform.

Mon, March 16, 2026
Social Enterprise Prize Pitch + Winner Presentation 

Swartz Center for Entrepreneurship
Carnegie Mellon University

Tepper Quad
, 3rd Level

4765 Forbes Avenue

Pittsburgh, PA 15213


Visitor parking available at the East Campus Garage.

More info to follow.

Tues, March 17, 2026
McGinnis Venture Competition Pitch + Winner Presentation

Swartz Center for Entrepreneurship
Carnegie Mellon University

Tepper Quad
, 3rd Level

4765 Forbes Avenue

Pittsburgh, PA 15213


Visitor parking available at the East Campus Garage.

More info to follow.

Requirements & Guidelines

The McGinnis Venture Competition is open to all current Carnegie Mellon University undergraduate and graduate students who have created, managed and owned ventures.

A CMU student should be CEO, CTO or COO. Members of the student team should also own a significant majority of the equity allocated to all parties. Non-CMU students may be members of the venture’s management team and may participate; however, current CMU students should deliver the majority of the content in all of the rounds.

How to determine which track you are competing in:

  • If you have all undergraduate students on your team you will be considered in the undergraduate track.
  • If you have all graduate students on your team you will be considered in the graduate track.
  • If your team is made up of both graduate and undergraduate students you will be considered in the graduate track. You will not be eligible to compete in the undergraduate track.
Deliverables: 4-minute Pitch Video (Youtube Link) and Pitch Deck (PDF)
Deliverables: 4-minute Pitch Video (Youtube Link) and Pitch Deck (PDF)
Deliverables: Mini Business Plan (due Tuesday, March 10, 2026) and Live Pitch (Tuesday, March 17, 2026)

The authors of the executive summaries and mini business plans will retain all rights to the executive summaries and mini business plans regarding its use at all times prior to and following the competition except as stated below. Due to the nature of the competition, we will not ask judges, reviewers, staff or the audience to agree to or sign non-disclosure statements for any participant.

All public sessions of the competition, including, but not limited to, oral presentations and question/answer sessions, are open to the public at large. Any and all of these public sessions may be broadcast to interested persons through media that may include radio, television and the internet. Any data or information discussed or divulged in public sessions by entrants should be considered information that will likely enter the public realm, and entrants should not assume any right of confidentiality in any data or information discussed, divulged or presented in these sessions.

Carnegie Mellon University may make photocopies, photographs, videotapes and/or audiotapes of the presentations including the business plan and other documents, charts or material prepared for use in presentation at the McGinnis Venture Competition. Students retain all proprietary rights. The university may use the materials in any book or other printed materials and any videotape or other medium that it may produce, provided that any profits earned from the sale of such items is used by the university solely to defray the costs of future competitions. The university has non-exclusive world rights in all languages, and in all media, to use or to publish the materials in any book, other printed materials, videotapes or other medium, and to use the materials in future editions thereof and derivative products.

View our judging guidelines

View our coaching guidelines