In this segment, we watch student teams battle it out for the top prize in the Cozad New Venture Competition. Find out which business idea will take home the top prize.

The CNVC is designed to encourage students and community members to create new and sustainable businesses in the Champaign-Urbana area. The competition promotes the development of the entrepreneurial character through collaboration among and competition between teams. Finalists and winners had the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who served as judges for the semi-finals and finals round.

The chosen finalist teams were IntelliWheels, Joseph Elble, OrangeQC, ScheduBot, UTicketIt, and Wi-Go. These six teams each had an opportunity to pitch a 10 minute business plan in order to compete for several cash awards and valuable in-kind prizes.

The second episode of Innovate @ Illinois focuses on honoring innovators and entrepreneurs.

Innovate @ Illinois is a new show about entrepreneurship and technology commercialization happening right here at the University of Illinois. We highlight faculty, staff, and students who are taking their research and innovation to the next step.

The University of Illinois has a strong network of resources and services to support entrepreneurs through programs, education, funding, and technical assistance. Innovate @ Illinois will highlight companies popping up on campus and in the local community, and share their success stories.

Innovate @ Illinois is hosted by Andy Singer, Professor of Electrical Engineering and Director of the Technology Entrepreneur Center.

Innovate @ Illinois is a UI-7 Production, brought to you by the Technology Entrepreneur Center and EnterpriseWorks at the University of Illinois at Urbana-Champaign.

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