All teams must have at least one person who is a student, faculty member, or recent graduate (within the last calendar year) from one of the Danish universities (AAU, AU, CBS, DTU, KU, RUC, SDU, ITU) at the time of submission.
Note that this does not include HHX, HTX and Gymnasium-level students; please refer to our sister organization, Young Enterprise.
Full-time foreign students and diploma students are also welcome to apply as long as they otherwise comply with the rules.
Participants should possess the intellectual rights to their idea and it must not be considered “stolen”. Scientists from public institutions must pay attention to Law 347.
If your university owns the patent or the research your idea is based on, you need to explain in your plan how you will handle this situation. For instance, has the university agreed to let you exploit their patent in this way? Are they willing to sell you the patent?
All teams must have at least one person who is a permanent resident of Denmark. This includes residents on temporary student visas.
You are allowed to participate in the same competition a following year, IF you have developed your business considerably since you last participated.
You should aim for a business plan (in English) that is 2-3 pages if you apply for Idea Competition, and 3-5 pages in length for National Startup Competition. The jury is not required to read more than the maximum of 5 pages. Venture Cup has the right to disqualify business plans exceeding the maximum length. Submissions must be in PDF file format, no more than 10MB file size, and clearly stating your business idea in the file name. Pictures and illustrations can be included in appendices.
Members of the jury, mentors, and Venture Cup staff have all signed a Non-Disclosure Agreement (NDA). If you are still worried about the protection of your idea, then use general terms and avoid discussing the specific technical parts that can be patented, while still being able to convince others that your idea is good.
… information on their development during and after the competition when requested by Venture Cup.
… at least one team member must attend pitch camps and the finals.
In case of doubt, the Venture Cup Denmark management team makes the final decision in regards to any of the above rules.