Applications are open until Nov. 5 for the Social Venture Competition. The competition, hosted by the UCF Center for Entrepreneurial Leadership (CEL), challenges students to pitch business ideas that serve a higher social purpose. Scholarship awards, sponsored by State Farm, total over $4,000.

The easy application requires students answer sstions about their proposed venture. The questions focus on the possible social impact and financial sustainability of the business model. Select applicants will then be invited to pitch their idea to a panel of judges at the competition Nov. 15, from 3-5 p.m. in the Starter Space. The top venture idea wins a $2,000 scholarship and the four runners up will also receive funding.

Students may get creative in finding a cause that’s meaningful to them to inspire their venture idea. Winning startups from previous years include a shoe company that provided jobs to impoverished citizens of Colombia and a non-profit that provided free health screenings to the homeless. By holding the annual competition, the CEL encourages students to use their creativity and business savvy for good.

Students may submit their applications through https://app.reviewr.com/s1/site/CEL-SVC18 and visit cel.ucf.edu/svc to learn more.

The UCF Center for Entrepreneurial Leadership was founded to make entrepreneurship an essential part of the UCF experience. Through a free coaching program, workshops and startup competitions, it’s helping students unleash their full starter potential.

2017 Social Venture competition winner with group
UCF grad student James Kozachuk (2nd from right) won the first Social Venture Competition with his idea for an afterschool program that provides video gamers with a competitive outlet, engaging community and academic achievement.

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Contact: Megan Coffie
UCF Center for Entrepreneurial Leadership
859.462.6798
megancoffie@knights.ucf.edu