Attention all aspiring entrepreneurs! Do you have an idea for a company? Are you ready to try out something new, take risks, and be your own boss? If you answered yes, then the Cangialosi Business Innovation Competition (CBIC) is the perfect opportunity to do so! CBIC is a competition exclusively for UMBC students that gives out up to $5,000 in cash prizes!
Announcing the Cangialosi Business Innovation Competition (CBIC) – Prizes up to $5K!!!
What is the CBIC?
The Cangialosi Business Innovation Competition (CBIC) is a unique opportunity for UMBC graduate and undergraduate students who are serious about starting a business. Participants will experience the process of planning a startup business by submitting a competitive and realistic 3-5 page business plan, which will be judged by members of the Baltimore Angels (real investors!). Qualifiers will present their ideas in a final competition, where cash prizes will be given out.
First Prize= $3,000
Second Prize = $2,000
Third Prize = $1,000
After a 6-month review, an additional $2,000 is available to one of the top 3 winners.
Who Should Participate?
Any UMBC student (full or part time, graduate or undergraduate) with a dream of launching their own business.
The CBIC will give you “real world” experience presenting and proposing your own idea. You’ll be paired with a business mentor and get helpful feedback and guidance. You’ll also get connected to the local entrepreneurial ecosystem, which allows for networking and further business opportunities. On top of that, there’s some hefty cash prizes!
Winners also get...
• Free legal services
• Accounting advice
• Membership at the award winning Betamore campus in Baltimore
• Fundraising advice and pitch practice with experienced entrepreneurs
APPLY TODAY! Deadline for submittals is March 7th at 1:00pm.
Applications can be found here. More information about this competition, including past winners, can be found at umbc.edu/cbic