NEW VENTURE CHALLENGE
Take your startup to the next level and compete for $50,000 in cash prizes!
The New Venture Challenge (NVC) helps prepare Purdue student startups for market entry and fundraising. At the end of the six-workshop series, participants will pitch to a room of investors at the annual Purdue Innovates Startup and Technology Expo.
What happens during NVC?
A six-workshop series, NVC helps student startups look more compelling to investors. By the end of NVC, participants will:
- Craft a solid value proposition.
- Develop their go-to-market strategy.
- Build out a finance model compelling to investors.
All teams will leave the program with a finalized pitch deck, executive summary, and a chance to pitch for cash prizes.
Applications for New Venture Challenge are now closed. To get on the waitlist for a future cohort or reach out with a question about starting a company, please contact us. We are always happy to talk to you if you have an idea you’d like to develop.
Who is this program for?
If you’re a current Purdue student startup/team that meet some or all of these statements, this is the right program for you:
- I/we have completed Firestarter.
- I/we have built a team.
- I/we have created an MVP or prototype of some kind.
- I/we have received a grant, prize money or investment from friends or family.
- I/we have made my/our first dollar (or expect to generate revenue within 3-6 months).
If you’re a student, but not sure New Venture Challenge is the right fit? Apply anyway and our team will help you find the program best suited to your needs.
Key Information
Applications Open:
November 17, 2025
Applications Close:
January 13, 2026
Virtual Info Session:
December 11, 2025 from 12-1:30 P.M.
Save your spot for the virtual info session on Teams
Mentor Sessions
March 5, 2026 from 6-9 P.M. (Virtual)
April 9, 2026 from 6-9 P.M. (In-person)
Workshop Dates:
- January 29, 2026 from 6-8 P.M.
- Feb 12, 2026 from 6-8 P.M.
- Feb 26, 2026 from 6-8 P.M.
- March 12, 2026 from 6-8 P.M.
- March 26, 2026 from 6-8 P.M.
- April 9, 2026 from 6-8 P.M.
Semi-Finals:
April 14, 2026 from 5-8 P.M.
Finals at Startup and Technology Expo
April 22-24, 2026
Location
This cohort will be in-person at the Convergence Center for Innovation and Collaboration.
NEW VENTURE CHALLENGE Entry Form
Applications are now closed.