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CommCore Judges GW New Venture Competition

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Judges for Round 2

By CommCore Intern: Aaliyah Lambert

The George Washington University is working to provide fresh entrepreneurs with the tools to succeed by participating in their annual New Venture Competition. The three round entrepreneurship competition featured business projects from current and past GW students as well as professionals affiliated with the university. The competition concluded on April 19, 2016 and CommCore President and CEO, Andy Gilman served as a judge for the event.

As a second round judge, Gilman along with 115 other volunteer judges determined which teams would move on as finalists.  In this round, teams provided the judges with a detailed written plan, a business model canvas and a concise description of their business. Contestants’ plans were judged on criteria such as customer development, product-market fit, and viability of the venture. Over 106 teams entered the competition and of that, ten teams became 2016 New Venture Competition Winners.

The GW New Venture Competition launched in 2009 and is now the fifth largest collegiate entrepreneurship competition in the country. The competition provides GW affiliates with an opportunity to engage in learning practical and realistic processes of entrepreneurship. NVC offers winners with resources to sustain profitable ventures that generate revenue and influence society.

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