Prize Money
First Prize= $3,000
Second Prize = $2,000
Third Prize = $1,000
Fourth Prize = $500
Additional funding is available after 6 months.
The Cangialosi Business Innovation Competition (CBIC) was established in 2014 by a generous pledge from Greg Cangialosi ’96. It is designed to attract the real entrepreneurs at UMBC, the ones who know they are going to start a company or social venture in the future. You’re the ones this entrepreneurship program was designed for! Are you ready to start living your dream?
We are pleased to announce we will have two tracks in our 2024 Competition. Students are encouraged to enter ideas in either the Technology and Innovation track or the Social Impact track. Cash prizes up to $5,000 will be available to winners in both tracks!
What is the CBIC?
The CBIC is an opportunity for UMBC students who are serious about starting a business or social impact venture in the future.
Who Participates?
Any UMBC student (full or part-time, graduate or undergraduate) with a dream of launching their own business soon.
Why Participate?
The CBIC will give you “real world” experience. You’ll be paired with a business mentor and you’ll get helpful feedback and guidance. You’ll also get connected to the local entrepreneurial ecosystem.
Winners also get: