BPC - Prizes

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Competition :: Prizes
Competition Prizes
Student teams participating in the WBPC compete for $70,000 in cash prizes and access to entrepreneurial resources or capital. Judges will select the winners of the following prizes at the Venture Finals:

Grand Prize: $30,000
Second Prize: $20,000
Third Prize: $15,000

Note: these prizes include $10,000 of in-kind accounting and legal services

People's Choice Award
The newest prize was introduced at the 2008 Venture Finals - an Elevator Pitch Competition and People's Choice Award. While the judges deliberate Grand, Second and Third prizes, each Great 8 team delivers a 1-2 minute Elevator Pitch on their business concept. Following the pitches, the audience selects the winner of the People's Choice Award, a $3,000 cash award.

Wharton Undergraduate Award
The Frederick H. Gloeckner Award in Entrepreneurial Studies is given to the highest-ranking Wharton undergraduate team in the WBPC. At least 50% of the team must be made up of Wharton undergraduate students. The team must reach the semi-finals and submit a business plan for consideration as a finalist.

In-kind Legal and Accounting Services
Each of the prize winners (Grand, Second and Third) will receive up to $10,000 of combined in-kind legal and accounting services from prominent Philadelphia firms.

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