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Announcement: Venture Cup Denmark will be closing down
Venture Cup Denmark is set to suspend its operations and dissolve its organization by April 2025. After 25 years as an independent organization in Denmark, the Venture Cup board, consisting of university representatives, has decided to shut down the organization and focus on supporting cross university entrepreneurship through different channels.
Venture Cup will fulfill its outstanding contractual obligations and conduct a solvent shutdown of the association.
The award show, and 25th anniversary, held on March 27th is thus set to be our last. For any questions regarding the competition please contact our Head of Projects Simon at [email protected]
For general inquiries or concerns please contact CEO Morten Ugelvig Andersen at [email protected]
Statement by CEO
Morten Ugelvig Andersen:
It is with sadness that I must accept the board’s decision of closing down our great organization.
I am proud of the role that Venture Cup has played in the Danish startup ecosystem, in which upwards of 20.000 early stage founders have been through our programmes. We have managed to create a financially sustainable, independent, no-for-profit platform that has allowed university startups to reach a broad network of peers and potential partners nationally and internationally, while giving society a joint platform to reach and support the most promising knowledge-based startups. Moreover we have provided a unique national collaborative platform for university employees, mentors, investors, foundation, public partners and other stakeholders, all of whom have supported us in a joint mission to enable more innovation and entrepreneurship in Denmark.
Our small team of 10 people has managed to navigate and provide value for a very large and complex stakeholder network all the while operating 10+ programmes and hosting an impressive number of events each year. Truly skilled, passionate and loyal people!
Venture Cup has continued to evolve and create new impactful initiatives in order to strengthen national collaboration and accelerate knowledge-based startups in Denmark and internationally. I sincerely hope that these programmes will live on and continue to create a positive impact, so please reach out if you have ideas of how to integrate or continue some of our amazing initiatives.
In a time in which Denmark and the EU is under pressure in terms of competitiveness and innovation, I firmly believe that we need more independent organizations, more competition, more collaboration and more entrepreneurship. Closing Venture Cup will leave a hole in the ecosystem not easily filled by existing players.
Thank you to all of you who have been part of the journey, employees, startups, mentors, jury-members, sponsors, foundations, statup-hubs, universities, ministries, ecosystem partners, public partners and many more! It takes a village 💪 ❤️ 🚀
Unity founder & Venture Cup alumni David Helgason
We asked David Helgason a few questions about his childhood on Iceland, the years leading up to the creation of Unity and some of the challenges faced as CEO of a startup which has recently gone to Nasdaq and been valued more than 86B DKK.
Announcement: Venture Cup Denmark will be closing down
Venture Cup Denmark is set to suspend its operations and dissolve its organization by April 2025. After 25 years as an independent organization in Denmark, the Venture Cup board, consisting of university representatives, has decided to shut down the organization and focus on supporting cross university entrepreneurship through different channels.
Venture Cup will fulfill its outstanding contractual obligations and conduct a solvent shutdown of the association.
The award show, and 25th anniversary, held on March 27th is thus set to be our last. For any questions regarding the competition please contact our Head of Projects Simon at [email protected]
For general inquiries or concerns please contact CEO Morten Ugelvig Andersen at [email protected]
Statement by CEO Morten Ugelvig Andersen:
It is with sadness that I must accept the board’s decision of closing down our great organization.
I am proud of the role that Venture Cup has played in the Danish startup ecosystem, in which upwards of 20.000 early stage founders have been through our programmes. We have managed to create a financially sustainable, independent, no-for-profit platform that has allowed university startups to reach a broad network of peers and potential partners nationally and internationally, while giving society a joint platform to reach and support the most promising knowledge-based startups. Moreover we have provided a unique national collaborative platform for university employees, mentors, investors, foundation, public partners and other stakeholders, all of whom have supported us in a joint mission to enable more innovation and entrepreneurship in Denmark.
Our small team of 10 people has managed to navigate and provide value for a very large and complex stakeholder network all the while operating 10+ programmes and hosting an impressive number of events each year. Truly skilled, passionate and loyal people!
Venture Cup has continued to evolve and create new impactful initiatives in order to strengthen national collaboration and accelerate knowledge-based startups in Denmark and internationally. I sincerely hope that these programmes will live on and continue to create a positive impact, so please reach out if you have ideas of how to integrate or continue some of our amazing initiatives.
In a time in which Denmark and the EU is under pressure in terms of competitiveness and innovation, I firmly believe that we need more independent organizations, more competition, more collaboration and more entrepreneurship. Closing Venture Cup will leave a hole in the ecosystem not easily filled by existing players.
Thank you to all of you who have been part of the journey, employees, startups, mentors, jury-members, sponsors, foundations, statup-hubs, universities, ministries, ecosystem partners, public partners and many more! It takes a village 💪 ❤️ 🚀
Sit down with Unity founder & Venture Cup alumni David Helgason
We asked David Helgason a few questions about his childhood on Iceland, the years leading up to the creation of Unity and some of the challenges faced as CEO of a startup which has recently gone to Nasdaq and been valued more than 86 billion DKK.
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