Venture Lab Startup Challenge
University of Pennsylvania Venture Lab
Documenting University of Pennsylvania
Original article
University of Pennsylvania Venture Lab
Venture Lab Startup Challenge
Official Startup Challenge page. Combined awards of more than $200,000. Named prizes include a $75,000 Perlman Grand Prize, a $50,000 runner-up award, and a $10,000 Summer Venture Award. Open to enrolled Penn students. Next live pitch listed for May 6, 2027.
Read on University of Pennsylvania Venture Lab
Related in UndergradVC
Venture Lab Startup Challenge
Source Summary
Official Startup Challenge page. Combined awards of more than $200,000. Named prizes include a $75,000 Perlman Grand Prize, a $50,000 runner-up award, and a $10,000 Summer Venture Award. Open to enrolled Penn students. Next live pitch listed for May 6, 2027.
Claims Supported
2026 winner named: Cloak, without a dollar figure in the announcement paragraph. 2025: Sync Labs, $50,000. 2024: Nirby, $50,000. The competition began in 1998 as the Wharton Business Plan Competition.
Evidence Limits
The 2026 announcement does not repeat the $75,000 figure. The 2025 headline still says $50,000. Equity is not discussed. Additional award amounts are unpublished.