Utah Venture Capital Case Competition

 

The Utah Venture Capital Case Competition gives students the opportunity to think and act like venture capitalists. Over 7 weeks, students will learn from experienced venture capitalists through 4 educational workshops and compete in teams of 2-4 people to find, analyze, and pitch investment opportunities. While only the top 5 teams will have the unique opportunity to pitch to our panel of esteemed VC judges, all participants are welcome to attend the educational workshops and network with students and venture capitalists along the way.



Learn.

4 Educational Workshops Taught by Venture Capitalists

Pitch Competition Judged by Esteemed Investors

Network.

Teams mentored by venture capitalists

Network with other driven Students from across Utah

Win.

First Place:
$2,000 + Dinner with Judges

2nd & 3rd Place:
$1,000 & $500


Xinyu’s Experience

Xinyu Fan, 3rd Place at the San Diego Venture Capital Case Competition

“My favorite part of the process was receiving guidance from my group’s venture capitalist mentor who gave us valuable feedback and direction for our pitch. In addition to the great learning opportunities I had throughout the training workshops and pitching process, networking with one of the VC judges led to the opportunity to intern with his private equity fund. Overall, I gained much more from this experience than what I initially expected.”

 

How the Competition Works


  • Connector.

    Kick-Off Event on October 16

    The competition kicks off on October 16. We will cover how the competition works and then start training right away. Don’t have a team yet? Don’t worry! Our team will help connect you with others at the end of the meeting to ensure all interested individuals can participate in the competition. Teams will have until October 19 to sign up.

  • Connector.

    Workshops

    Participants will learn how to think and act like venture capitalists through 4 educational workshops. Everything from finding investment deals to performing due diligence to convincing your investment committee to support your investment will be covered. Workshops will take place at different universities around Utah. Logistics for each workshop will be sent out prior to each event to everyone signed up to receive competition emails.

  • Connector.

    Selection Process

    The top 5 teams will be selected by the quality of their deal sourcing and memo submissions. These 5 teams will have the unique opportunity to prepare a presentation and pitch their investment to our esteemed panel of VC judges. While only 5 teams will participate in the pitch competition, all participants are welcome to attend the 4 educational workshops and network with students and venture capitalists along the way.

  • Connector.

    Mentoring

    The top 5 teams will be partnered with an experienced private investor to mentor and support them through the final due diligence and presentation process. This unique opportunity is one of the best networking and learning experiences students can have throughout the competition. We highly encourage students to work diligently throughout the early processes of the competition to qualify for this special opportunity.

  • Connector.

    Pitch Competition on December 4

    After 7 weeks of learning, networking, and mentoring, the event will conclude with a pitch competition modeled after a venture capital fund’s investment committee meeting. Teams will pitch their investment and supporting due diligence to a panel of esteemed venture capitalists. The winning team will receive $2,000 and have dinner with the VC judges following the competition. Second and third place teams will receive $1,000 and $500, respectively.

Competition Schedule

Kick-off Event and Venture Capital: October 16 from 6-8 p.m. at BYU

Deal Sourcing: October 23 from 6-8 p.m. at USU

Due Diligence, Part I: October 30 from 6-8 p.m. at Westminster

Due Diligence, Part II and Presentations: November 13 from 6-8 p.m. at UVU

Pitch Competition: December 4 from 5-7 p.m. at BYU

Submission Deadlines

Team Application Deadline: October 23

Top 3 Companies Submission Deadline: October 30

Investment Memorandum Submission Deadline: November 16

Final Presentation Submission Deadline (Top 5 Teams Only): December 3

Next Event: Due Diligence, Part II Workshop on November 13

Overview

The Utah Venture Capital Case Competition continues this Wednesday, November 13 at Utah Valley University. The event will be held in room 510 and 511 of the Clarke Building (815 College Dr., Orem, UT 84058).

During this workshop, Peter Harris (University Growth Fund) will continue the due diligence workshop and discuss how to evaluate company financials, valuation, and potential returns.

Directions and Parking

Exit I-15 Southbound at the University Parkway Exit. Turn left to go to Utah Valley University. Enter round about, exit at third opening, and travel North past the Owls stadium and the UCCU Center. Turn right at stoplight. And park in front of CB Building or the Fulton Library.


Next Submission: Investment Memorandum Due November 16

Overview

Investment memorandums are documents investment firms use to outline the opportunities, risks, and relevant due diligence findings for an investment opportunity.  Memorandums can include, but are not limited to, information concerning the company’s business model, market opportunity and size, management team, competition, financial projections, valuation, and returns profile for the investment.

Each team’s investment memorandum will be evaluated and graded according to two metrics:

50% Deal Sourcing – Quality of the Investment Opportunity

50% Due Diligence – Quality of Research and Analysis on Opportunity

The 5 teams with the best investment memorandums will advance to the final stage of the competition and pitch their investment opportunities to our panel of VC judges during the Pitch Competition on December 4 at BYU. Teams will be notified of their advancement on or around November 21. The top 5 teams will also be paired with their VC mentor on this date to help them refine their due diligence and prepare for the Pitch Competition.

Submission

Teams must submit their investment memorandums to vccc@ugrowthfund.com by midnight on November 16 to be considered for the final stage of the competition. Please use the following email subject line when submitting: “[Team Name] – Investment Memorandum.”

Investment Memorandums should be submitted as a Word Document with the title “[Team Name] – Investment Memorandum.”

Workshop Videos and Presentations


Kick-Off Event and Venture Capital

In this workshop, Peter Harris (University Growth Fund) explains what venture capital is and how it works.

You can find the presentation used here: Kick-Off and Venture Capital.


Deal Sourcing

In this workshop, Peter Harris (University Growth Fund) discusses deal sourcing strategies and best practices.

You can find the presentation used here: Deal Sourcing.


Due Diligence, Part I

In this workshop, Peter Harris (University Growth Fund) explains how to evaluate business models, markets, and competition.

You can find the presentation used here: Due Diligence, Part I.



Due Diligence, Part II

In this workshop, Peter Harris (University Growth Fund) explains how to evaluate the offering, management, financials and returns.

You can find the presentation used here: Due Diligence, Part II.


Frequently Asked Questions

Teams compete in groups of 2-4. If you don’t have a team yet, you should still sign up and we will help you find a team.
The best way to learn and gain a competitive edge in the competition is to attend each event in-person. If you cannot attend a workshop, you can watch a recording of the workshop on this website. For obvious reasons, the top 5 teams are required to attend the pitch competition.
Teams that advance on to the final stages of the competition are paired with a local investor to help them improve their due diligence and prepare for their final pitch.
Any full-time student enrolled at a higher education institution in Utah is eligible to participate. This includes both undergraduate and graduate students. Team members do not need to attend the same university.
Rather than send out a case study like many other competitions, we are teaching you to think and act like real venture capitalists. This means learning how to source your own deals, perform due diligence, and convince your investment committee to support your investment. Progression throughout the competition is determined by the quality of the three deliverables: sourced deals, investment memo, and investment pitch.
Each event will be hosted at a different university in Utah. Event location and instructions on how to get there will be sent via email. Sign up to receive these emails using the button towards the top of this web page.