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At sunset on April 12th, community members, students, alumni,��and��professors packed the Boulder Theater for the 16th annual New Venture Challenge. The theater is buzzing with liveliness, and the ears of the audience eagerly wait to hear from the finalists. In the past year, more than 70 teams competed to pitch their ventures for a chance to win up to $100,000 in seed funding. After a rigorous selection process, five teams were chosen to present their ideas. Four of the five contestant teams gained the majority of their knowledge on what it takes to build a startup through the classes New Venture Creation (NVC) and New Venture Launch (NVL). Both programs aim to help students start an emerging company, work in the startup ecosystem, or even compete in New Venture Challenge.

From Idea to Impact

, a junior at the Leeds School of Business won first place at this year’s New Venture Challenge competition for his customizable supplement company, . CLD-9 aims to revolutionize the supplement industry, providing uniquely tailored options to each athlete based on their nutritional need. Khushang was in New Venture Creation this past semester because he wanted to expand his entrepreneurial toolkit to effectively launch CLD-9. Khushang describes the class as “exactly what I needed”. Utilizing the mentorship and guidance offered in New Venture Creation, Khushang was able to translate his product, services, and opportunities into a functioning venture. By securing 1st place in the competition, he also was granted $50,000 in funding from CU to further his journey making science combined with supplementation a reality. When asked about the competition day, Khushang says

“I probably had one of the best days of my life. Not just because of the check, but because every single person that has been with me on the journey that started 7 months ago was there. I had nothing but support since the beginning. The best part wasn’t even winning, it was knowing everyone I love got to win with me.”��

Led by the Deming Center for Entrepreneurship’s Faculty Director Brad Werner, New Venture Creation, and New Venture Launch teaches you how to translate existing products, services, and opportunities into real, functioning ventures. Brad has spent his career building successful businesses. His focus is to help offer his experience to ���������� students to launch a viable business and generate impact.��

New Venture Creation and New Venture Launch: The First Step in Creating a Viable Business

New Venture Creation is one of the best first steps for ���������� students interested in creating a company. The class is for anyone who wants to take a dive into the startup world and work on a venture idea with a team. This class is one of the most unique offerings ���������� has and guides students through the ideation process and building phase of a venture. , a student who took home fourth for her venture , took the NVC class and says that it was one of the most valuable classes she has taken so far at Boulder. She also says��

“New Venture Creation s