What is the CBIC?

The Cangialosi Business Innovation Competition (CBIC) is a unique opportunity for UMBC graduate and undergraduate students who are serious about starting a business. Participants will experience the process of planning a startup business by submitting a competitive and realistic 3-5 page business plan, which will be judged by members of the Baltimore Angels (real investors!). Qualifiers will present their ideas in a final competition, where cash prizes will be given out.

Prizes:

First Prize= $3,000
Second Prize = $2,000
Third Prize = $1,000
After a 6-month review, an additional $2,000 is available to one of the
top 3 winners.

Who Should Participate?

Any UMBC student (full or part time, graduate or undergraduate) with a dream of launching their own business.

Why Participate?

The CIBC will give you “real world” experience presenting and proposing your own idea. You’ll be paired with a business mentor and get helpful feedback and guidance. You’ll also get connected to the local entrepreneurial ecosystem, which allows for networking and further business opportunities. On top of that, there’s some hefty cash prizes!

Winners also get:
• Free legal services
• Accounting advice
• Membership at the award winning Betamore campus in Baltimore
• Fundraising advice and pitch practice with experienced entrepreneurs

APPLY TODAY! Deadline for submittals is March 7th at 1:00pm. Applications can be found at: umbc.edu/cbic