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The Spring 2022 CBIC Competition is here!

Enter before our deadline of March 11th!

Attention all aspiring entrepreneurs!

 Do you have an idea for a company or social impact venture? 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 awards up to $5,000 in cash prizes in BOTH the Technology and Innovation track AND the Social Impact track.

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 or social impact venture.  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

Cash prizes are available to the top 3  winners in both the Technology and Innovation track and the Social Impact Track.  

After a 6-month review, an additional $2,000 is available to one of the top winners.

Winners also get...

•       Free legal services

•       Accounting advice

•       Membership at bwTECH@UMBC and the award winning Betamore incubator

•       Fundraising advice and pitch practice with experienced entrepreneurs

APPLY TODAY!  Deadline for submittals is March 11th at 1:00pm

Apply here! 


Posted: February 4, 2022, 9:40 AM