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Venture Scholars

Looking to accelerate your progress and funding for a new venture?

Rather build your dreams over the summer than get paid to build someone else’s?  

You belong with Venture Scholars.

About this program

How does it work?

Venture Scholars at Virginia Tech receive resources to match their passion. Our Scholars are funded to travel to external competitions and/or placed in world-class programs to rapidly move their new ventures forward and tap into the rich community of Hokie-entrepreneurs worldwide.

Past Venture Scholars have competed at events nationwide and completed acclaimed programs such as TechStars, 20/20 Accelerator, and more.

Who’s chosen?

Students must first apply and gain admission into external competitions, events, and programs such as those listed below.  Once admitted, students can apply for Venture Scholar funding.  Typically Venture Scholar awards up to $500 for team travel and up to $5,000 for residential programs.

Looking for funding & external visibility?


(All deadlines refer to applications)

Tulane Business Model Competition – New Orleans, LA (deadline: January 25th)

The Schultze Entrepreneurship Challenge @ eFest – Minneapolis, MN (deadline: February 1st)

Venture Well e-Grant program – Virtual (deadline: February 6th)

VT Entrepreneur Challenge – Blacksburg, VA (deadline: February 8th)*

Rice Business Plan Competition – Waco, TX (deadline: February 10th)

VT ICAT SEAD Grant program – Blacksburg, VA (deadline: February 13th)*

IdeaFest – Danville, VA (deadline: February 18th)

American Evolution Innovators Cup @ Tom Tom Festival – Charlottesville, VA (deadline: February 22nd)

Women’s Business Enterprise National Council Student Entrepreneur Program – Baltimore, MD (deadline: February 22nd)

ACC Inventure Prize – Raleigh, NC (deadline: November and January)**

Draper University: Blockchain, Space, Robotics, AI – San Francisco, CA (deadline: March)

International Business Model Competition – Provo, UT (deadline: March 30th)

StartUp of the Year: Established, Tech.Co – Austin, TX (deadline: April 30th)

Global Student Entrepreneur Awards – Alexandria, VA (deadline: November)

Student Startup Madness @ SXSW – Austin, TX (deadline: November)

Apple Entrepreneurs Camp (Developers) – Cupertino, CA (deadline: January 18th)

Thiel Fellowship – Various locations (deadline: rolling admissions)

Please note:

*Competitions and programs at Virginia Tech are not eligible for Venture Scholars $ funding for travel or residency

**ACC Inventure Prize competition: A finalist team from the VT Entrepreneur Challenge is selected to represent VT each year at the ACC Inventure Prize event

Ready to apply?

Looking for mentorship and acceleration?

Accelerators & Incubators:

StartX – Stanford, CA (deadline: February 10th)

LightHouse Labs U – Richmond, VA (deadline: February 28th)

Tech Stars – Atlanta, GA (deadline: April 7th)

Mucker Lab – Los Angeles, CA (deadline: June 30th)

Silicon Valley Bank – San Francisco, CA (deadline: August 31st)

Y-Combinator – Palo Alto, CA (deadline: March 25th)

Tech Stars – Austin, TX (deadline: October 14th )

Tech Stars – Boulder, CO (deadline: April 7th)

Halycon Social Impact – Arlington, VA (deadline: October 10th)

500 Startups – San Francisco, CA (deadline: March 29th)

RAMP – Roanoke, VA (deadline: rolling)

AngelPad – NYC and San Francisco, CA (deadline: rolling)

Ready to apply?


This week we are highlighting two Venture Scholar teams to our Spotlight!



The first team we want to recognize is Rendyr, Inc. Follow the link to see what Rendyr is up to and their experience with winning our Venture Scholar funding to go to the Alpha Lab Gear Hardware Cup competition and other opportunities they have had! venture-scholars-interview–rendyr


The other team our Venture Scholars program is excited to focus on is ThermaSENSE! Ali Roghani & his team have plans to dominate multiple industries with their new technology specializing in noninvasive internal temperature measurement called AccuTemp! Read more to find out how and everything else they have going on here! venture-scholars–thermasense-interview

Program Sponsors

1901 Group, Accenture, Woods Rodgers Attorny at wall, Silicon Valley Bank,
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