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business1d ago

Inaugural Lobo Venture Capital Cup showcases student innovation and investment skills

  • UNM held its first Lobo Venture Capital Cup, awarding up to $36,000 in total prizes.
  • The six-week program let students explore both startup creation and investing with mentor guidance.
  • Pitch day had founders present to VC teams, who then allocated funding based on pitches.
  • Queue Skin won the top cash prize of $4,700 for its concept and pitch performance.
  • G Ventures won first place in the venture capital track with $10,000.
  • The event is funded in part by the U.S. Small Business Administration.
  • Organizers plan to integrate the competition into a course to widen participation.
  • Mentors served as community leaders and LPs, guiding investment strategies.
  • Six teams were recognized at the awards ceremony for startup pitches and strategies.
  • Andoni Gajjo created and organized the competition with strong campus support.
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