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Mission Statement

CMU Summit New Venture Competition aims to build a communication platform for ambitious Chinese and American Students. It also strives to bridge the gap between the resources that entrepreneurs need and the ability of the entrepreneurial ecosystem in place to provide them. The competition is a platform for identifying, nurturing and showcasing emerging entrepreneurs in and out the city of Pittsburgh.

In the past, we got strong support from Zhen Fund, SoftBank China, West Summit Capital, SBCVC, GSR Ventures, IDG Ventures, as well as academia and industries. Last year, 70 teams from top universities in Greater Pittsburgh Area and all over the U.S. participated in the New Venture Competition, among which top 10 teams from MIT, Columbia University, CMU, UPitt, etc., got into the final round.


Create, Communicate, Compete

The New Venture Competition gives each team an opportunity to present to some of the most successful authorities from both the U.S. and China. Besides the cash prize, through participation, each team gains access to:
  • Educational opportunities regarding innovation, collaboration and commercialization
  • Networking opportunities with established individuals from academia, industries, enterprises, and government institutions
  • The opportunity to learn from the innovative ideas and visions of peers