Calling All Entrepreneurs

Next month I’ll be making my annual pilgrimage down to Chapel Hill, to help judge the Venture Capital Investment Competition’s international finals. And if you’re an entrepreneur in search of venture funding, I hope to see you there. 

VCIC is not a business plan conrest. Instead, it’s a competition in which business schoolers are asked to assume the roles of venture capitalists — including due diligence, submitting term sheets and defending their decisions. 

All of this depends on the participation of entrepreneurs, who present their companies, submit to questions and get feedback from both the business schoolers and real venture capitalists (i.e., all judges other than me). Forty percent of the companies selected to present at the VCIC International Finals go on to raise an average of $9.5 million in venture capital.

That’s officially correlation rather than causation, but the experience will certainly help you hone your pitch — and Q&A abilities — in an educational environment. You also get to schmooze with “real” VCs from firms like Atlas Venture, Foundry Group, Oxford Bioscience Partners and Aurora Capital. See a partial list of past participants or of past judges.

All types of companies are encouraged to submit themselves for consideration. You can get more information here, or send an email directly to event organizer Patrick Vernon. Be sure to tell him I sent you…