In the article "Entrepreneurial Students Win Funding and Cash Prizes at 2023 New Venture Competition," GW Today detailed the results of the 2023 New Venture Competition. A team from GW Engineering leading the company Ellexco won the Business Goods and Services Track and the CirrusLabs Prize for Best Tech Venture, each $10,000 awards.
Here is an excerpt from the article: "In the 2023 competition, 417 participants spread across 161 teams participated, and judges awarded $357,200 in prizes, including $163,000 in cash to winners. Twelve finalists, who all received a minimum of $5,000, across four tracks gave an elevator pitch Thursday night after advancing past the first two rounds of competition. In total, participants represented nine of the 10 GW schools, making for a diverse range of innovative startup solutions noted by GW President Mark S. Wrighton."
Read the full article on GW Today.