Rules and Resources
1. For Students, Staff, and Graduates (within 1 year)
All teams must have at least one co-founder who is a student, faculty member, or recent graduate (within 2 years from graduation) from one of the Danish universities (AAU, AU, CBS, DTU, KU, RUC, SDU, ITU, RUC) at the time of submission. Full-time foreign students and diploma students are also welcome to apply as long as they otherwise comply with the rules.
Note that this does not include HHX, HTX and Gymnasium-level students, Business Academies, Maritime educational institutions, University colleges. Please refer to our sister organization, Danish Foundation for Entrepreneurship.
2. Funding / Revenue
Teams must not have received funding or have a revenue above 1.000.000 DKK
3. It must be your own idea
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?
4. Residency in Denmark
All teams must have at least one person who is a permanent resident of Denmark. This includes residents on temporary student visas.
5. Can I participate again?
“You can submit for multiple years as long as you have significantly made progress on your startup. Category winners cannot apply again.”
6. Business plan
We highly recommend you to follow this application template, that also covers the guidelines for the video upload. You should aim to write a 3-4 page application (IN ENGLISH) + video (IN ENGLISH) for the National Startup Competition.
The jury is not required to read more than the maximum of 4 pages. Venture Cup has the right to disqualify applications 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.
A4 page (210 x 297 mm) Right/left margin: 2.5cm Top/bottom margin: 2.0cm
Recommended typefaces: Times New Roman, Helvetica, or Courier in font size 12
7. We have all signed NDA(s)
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.
8. All participants must provide...
… information on their development during and after the competition when requested by Venture Cup. Examples of this include submitting surveys, testimonials, interviews and being part of our alumni network.
9. When chosen a finalist...
At least one person must attend our Semifinals 21. of June 2022 (Physical or Online) and the Award Show in Copenhagen on 22th of June, 2022 (Physically).
10. Prize Money
Teams are not required to have a Danish CVR no. when they apply, but need to register for one should they win cash prizes (within 12 months from winning) – otherwise the cash prize is forfeited.
11. Venture Cup decides when in doubt
In case of doubt, the Venture Cup Denmark management team makes the final decision in regards to any of the above rules.
12. Terms and Conditions