Carnegie Mellon University
McGinnis Venutre Competition Final Round

McGinnis Venture Competition

The McGinnis Venture Competition at Carnegie Mellon University is where bold student founders compete for serious capital and real momentum. Funding is made possible through a generous endowment from Gerald E. McGinnis and the David and Lindsay Morgenthaler Entrepreneurship and Innovation Fund.

Applications open on Tuesday, October 27, 2026. The Round 1 submission deadline is on Tuesday, January 19, 2027 via our online platform, Pralent. Teams who create a profile, register for the competition, and start their submission by Tuesday, December 1, 2026 are guaranteed to be assigned a coach for the competition. The final round pitches will be held on Tuesday, March 16, 2027. 

Social impact teams this year can opt-in to be considered for the Social Enterprise Prize for additional prizes. If you opt-in you can compete for a chance to automatically advance to the US Nationals of the prestigious $1M EF Hult Prize – the ultimate global competition for student social entrepreneurs!

Direct any questions to Allyson Hince

The Swartz Center Social Enterprise Prize

Ready to create a company that makes an impact on the world's biggest challenges? Opt-in to compete for the Social Enterprise Prize in addition to the McGinnis Venture Competition. This track is designed to empower students to develop entrepreneurial solutions for social and environmental challenges. Open to both for-profit and nonprofit ideas.

What is a social enterprise?

A social enterprise is an organization—either nonprofit or for-profit—that prioritizes social, environmental or community-oriented goals alongside financial performance. Its success is typically measured by a concept known as the triple bottom line, which evaluates not just financial profit (economic), but also social and environmental impact. The triple bottom line framework encourages businesses to be accountable for their broader influence on society, considering their impact on people, planet, and profit.

Social enterprises often align their missions with the United Nations Sustainable Development Goals (SDGs), which are a collection of 17 global goals set by the UN to address pressing issues such as poverty, inequality, climate change, environmental degradation, peace and justice by 2030.

Why join?

  • Prizes!
    • Full list of prizes will be announced in November
  • For-Profit & Nonprofit Ideas Welcome!
    Whether you want to create a nonprofit/NGO or mission-driven for-profit startup with a triple bottom line (profit, planet, people) this is your opportunity!
  • Path to the $1M EF Hult Prize!
    Compete for a chance to automatically advance to the US Nationals of the prestigious EF Hult Prize – the ultimate global competition for student social entrepreneurs! This is decided in the second round of the competition
  • If you are opting-in for this, you must also "Register to Compete" via the button on the EF HULT Prize website as well.

Social Enterprises You Know

Examples of nonprofits operating as social enterprises include World Central Kitchen, which addresses hunger; Acumen, which focuses on poverty alleviation through innovative finance; and Pencils of Promise, dedicated to providing quality education.

For-profit social enterprises like CMU’s own Mill and Duolingo. Mill promotes responsible consumption and Duolingo makes education accessible to all. Perhaps the most famous social enterprise is Patagonia, which aligns its business strongly with climate action or Tom’s Shoes, which popularized the Buy One, Give One model. Other examples can be found in this list of B-Corps - B-corp certification requires a company to measure its social and environmental impact.

Prize Allocation

Analogical Engines

Graduate Track

Full list of prizes will be announced in November

Pitching

Undergraduate Track

Full list of prizes will be announced in November

photo of McGinnis winners

Additional Prizes

Full list of prizes will be announced in November

Plus Get

Coaching

Coaching

The competition includes coaches for each team that starts their application in the McGinnis Venture Competition. The Swartz Center staff will match the appropriate team with an appropriate coach.

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. 

Round 3 participants can anticipate a mixer and a peer to peer review session.

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.


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

Wednesday, December 2, 2026
12:00  - 1:00 p.m. EST
Virtual

Register

Facilitated by CMU's Business & Entrepreneurship Librarian - Jennifer McKee - in this session, attendees will receive a guided overview of various business resources which the Libraries provides access to. These tools and databases will heavily supplement your market research, and help competition participants save time and develop stronger pitches!

Help along the way

Deliverables Resources

Resources to help with your quad chart (one pager) and your 12 slide pitch deck:

Video resources to help with your video pitch: 

Important 2026-27 Dates and Deadlines

Tues, Oct 27, 2026

Applications open via Pralent. 


Round 1 Deliverables: Quad Chart (one pager) [pdf] and 4-minute video pitch [YouTube link]

Tues, Nov 10, 2026

Virtual Info Session
12:00 p.m. EST - Virtual

Register

Tues, Dec 1, 2026

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, you will be guaranteed to be assigned a coach for the competition.

Wed, Dec 2, 2026

Intro to CMU Libraries Databases for Market & Competitive Research with Jennifer McKee
12:00  - 1:00 p.m. EST
Virtual

Register

Tues, Jan 19, 2027

Round 1 Submission Deadline at 5 PM EST via Pralent

Round 1 materials due: Quad Chart (one pager) [pdf] and 4-minute video pitch [YouTube link]

Thurs, Jan 28, 2027

Teams Notified; Round 2 begins via Pralent at 12:00 PM EST

Tues, Feb 9, 2027

Round 2 Submission Deadline at 5 PM EST via Pralent

Round 2 materials due: 12 slide pitch deck [pdf] and 4-minute video pitch [YouTube link]

Wed, Feb 17, 2027

Teams notified who will be moving to the final round.

Thurs, Feb 18, 2027

Round 3 begins via Pralent at 12:00 PM EST

Thurs, Feb 18, 2027

Round 3 Mixer (Only open to round 3 teams)
3:00 – 5:00 PM EST
Swartz Center Main Space

Hear from an amazing speaker, learn best practices prep work, 90 second speed pitches, and mixer 

More info to come.

Mon, March 1

Peer to Peer Review of Final Round Team's Slide Decks from 2:00 - 5:00 p.m. EST, Swartz Center Main Space

All teams will give their 8-minute final round pitches to be reviewed by their peers, Swartz EIRs, and Swartz Executive team

ATTENDANCE IS MANDATORY FOR ALL FINAL ROUND TEAMS - FAILURE TO ATTEND WILL RESULT IN ELIMINATION

Wed, March 3, 2027

Round 3 Mini-Business Plan [pdf] Due at 5 PM EST via Pralent

Thurs, March 11, 2027

Final pitch decks due for competition via google slides by 12pm EST

Mon, March 15, 2027

Final Round Teams Slide Practice from 11:00 am – 2pm in the Swartz Center

Final round teams will practice their slides

Tues, March 16, 2027

Final Round Team Pitches, Award Ceremony, & Networking Reception
Simmons Auditorium
Carnegie Mellon University 
4765 Forbes Ave
Pittsburgh, PA 15213

Final schedule TBD

Visitor parking information found here>

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.

Should I opt in to be considered for the Social Enterprise Prize?

Ready to create a company that makes an impact on the world's biggest challenges? Opt-in to compete for the Social Enterprise Prize in addition to the McGinnis Venture Competition. This track is designed to empower students to develop entrepreneurial solutions for social and environmental challenges. Open to both for-profit and nonprofit ideas.

Why join?

  • Prizes!
    • Full list of prizes will be announced in November
  • For-Profit & Nonprofit Ideas Welcome!
    Whether you want to create a nonprofit/NGO or mission-driven for-profit startup with a triple bottom line (profit, planet, people) this is your opportunity!
  • Path to the $1M EF Hult Prize!
    Compete for a chance to automatically advance to the US Nationals of the prestigious EF Hult Prize – the ultimate global competition for student social entrepreneurs! This is decided in the second round of the competition
  • If you are opting-in for this, you must also "Register to Compete" via the button on the EF HULT Prize website as well.
Deliverables: Quad Chart (one pager) [pdf] and 4-minute video pitch [YouTube link]
Deliverables: 12 slide pitch deck [pdf] and 4-minute video pitch [YouTube link]

Deliverables: Mini Business Plan [pdf] + 12 Slide Pitch Deck [Google Slides] + Live 8-minute pitch

*Final round slides must be submitted in standard PowerPoint format: Final round slides can be created in whatever platform you prefer; however you must export them into standard PowerPoint to make sure that all videos are embedded and working. Test this by turning off your wifi to make sure all slides work. 

*Round 3 teams are required to attend the peer to peer pitch review session on MONDAY, March 1. Failure to attend will eliminate you from the competition. 

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

What They Say


Matt Spettel, trainwell

Alex Baikovitz, Mach9

Thank you to the McGinnis family

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.

Thank you to David and Lindsay Morgenthaler Entrepreneurship and Innovation Fund

Thank you to David and Lindsay Morgenthaler Entrepreneurship and Innovation Fund