Summer Venture Award

The Summer Venture Award (SVA) of $10,000 is intended to assist students financially over the summer in lieu of full-time internships so that they can concentrate on developing their entrepreneurial ventures. Winners are required to work on their ventures full-time over the summer.

Available to Penn and Wharton undergraduate Juniors,  First-Year MBA Students, and Penn graduate students in their last internship period.

Application Process: Deadline for submission is February 15. Finalists will be announced by mid-March and winners at the end of March. Learn more about the application process here.

Questions? Email Valentina Goutorova.

Funding for this award is provided in part by the generosity of The Heller Family Foundation, Eileen and Jon Case Venture Award Fund, Mr. and Mrs. William Holekamp Fund, Anonymous

2016 Winners

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Christopher Molaro WG’17

NeruoFlow is changing the way we see brain health.

A software solution that uses real-time biometric data to improve the assessment and treatment of mental illnesses.

Cemsica, Penn Wharton Entrepreneurship alumni startup, Summer Venture Award winner

Negar Rajabi WG’17

Cemsica developed a novel proprietary membrane material with superior selectivity and durability to separate CO2 in gas sweetening applications and result in 55% cost reduction in gas separation and in a significant enhancement in performance and mechanical stability.

brEDcrumb Penn Wharton Entrepreneurship alumni startup Summer Venture Award winner

Scott Elfenbein W’17

brEDcrumb matches high-achieving high school students with the personal guide they need to reach their full college potential.

geneoscopy Penn Wharton Entrepreneurship alumni startup Summer Venture Award winner

Andrew Barnell WG’17

Geneoscopy is developing a screening methodology to noninvasively diagnose colorectal cancer (CRC) using biomarkers in stool samples.

Perseus Mirrors, Penn Wharton Entrepreneurship alumni startup, Summer Venture Award winner

Erik Skantze WG’17

Perseus Mirrors is making the next generation mirror: an interactive, connected device with stunning technical features and a user centered design.

VivaVax, Penn Wharton Entrepreneurship alumni startup, Summer Venture Award winner

Julia Peng C’17/W’17

VivaVax is an early-stage biotech company developing a painless, needle-free, low-cost vaccine patch that eliminates the dependency on healthcare practitioner availability. VivaVax’s primary mission is to increase accessibility of vaccines globally, from a more efficient delivery method to enhanced thermostability.

2015 Winners

Bobby Virdi WG'16 - Bahari Capital

A private equity investment firm focused on building professionalized businesses of scale across sub-Saharan Africa.

Fever Smart: Aaron Goldstein W'16

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Fever Smart is a smart patch thermometer that allows users to remotely and continuously monitor temperature.

Havenly: Emily Motayed WG'16

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Havenly is a fresh take on interior design–for one flat fee, we set up you with one of our talented interior designers.

SetSail: Lucy Zhang WG'16 & Lucy Peng WG'16

SetSail, Penn Wharton Entrepreneurship Summer Venture Award winner

SetSail promotes effective international education by using software and mentorship to help Chinese high school students prepare for and apply to US colleges.

2014 Winners

Abaris: Matthew Carey C'07/WG'15 & Adam Colombo ENG'14/W'14

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Abaris is the Orbitz for annuities.

SmartPlate: Ford Kerr WG'15

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SmartPlate is the world’s first intelligent plate that instantly analyzes everything you eat.

GenHERation: Katlyn Gasso W'15

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GenHERation is a female empowerment network for high school girls that inspires them to become catalysts of social change.

 

Neu: Daniel Fine W'15

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For fans that want more of their favorite teams and events, NEU Custom makes it happen. Whether it’s Benji’s Bar Mitzvah or Uber, we can do it all.

 

2013 Winners

AlumVest: Lane Rettig WG'15/G'14

AlumVest is an equity and rewards-based crowdfunding platform that connects entrepreneurs affiliated with top universities with alumni and peer backers and investors.

Lane also co-founded Seratis, which was acquired by HudlHealth in 2016.

Layers: Evan Rosenbaum W'14

Bringing life to books.

Evan is now cofounder of Blend, a mobile messaging app that can be used for group video chat.

Maculens: Frank Brodie WG'14/MD'14

Maculens Vision Technology is a patent pending polymer filter that dramatically reduces glare and discomfort from bright spots at nighttime.

ProfessorWord: Betty Hsu WG'14

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ProfessorWord offers an easier and more effective way to teach and learn vocabulary.

Senvol: Zach Simkin C'06/WG'14

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Senvol: data to help companies implement additive manufacturing.

2012 Winners

1DocWay: Samir Malik WG'13

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1DocWay: A marketplace connecting hospitals with underserved care facilities. We bring the doctor’s office online.

 

SpeSo Health & Catalogue.com: Rajiv Mahale WG'13

In a WVA first, one student entrepreneur applied and made the finals with two different ventures. He has been offered one award to allocate across both ventures:

SpeSo Health provides safe, secure second opinions from the best research institutions in the country, brought to you digitally.

Catalogue.com is an online marketplace for professionally curated interior design inspiration.

Cloudable.me: Steve Lau WG'13 and Jon Dussel WG'13

Cloudable.me is an intuitive online application focused on enabling simple social organization and sharing of everything on the internet.

Dagne Dover: Deepa Gandhi WG'13

 

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Dress it up, dress it down – but stay organized no matter what with a Dagne Dover, the perfect bag for every occasion.

Grand Round Table: Su Que ``Kristy`` Leong WG'13

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Grand Round Table empowers medical practitioners to connect seamlessly with the expertise, experiences, and shared resources of their own medical communities on one simple-to-use platform.

2011 Winners

Osus: Steven Dong W'12 and Corey Lerch W'12/ENG'12

Osus is weight-lifting you can wear.

Lore: Dan Getelman W'12/ENG'12

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Lore is the place to go online for your classes. (Lore was acquired by Noodle Education in 2013).

Gamma Basics: Mike Kijewski WG'12

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Gamma Basics was the maker of grayCAD, a software application that helps hospitals assess their radiation safety compliance. (Gamma Basics was acquired by Varian Medical Systems in 2013.)

Mooblue: Nimit Maru WG'12 and Roberto Sanchez Garvin WG'12

Mooblue is a real-time bidding mobile ad exchange.
2010 Winners

Flipables: Lee Beinstock WG'11

Flipables are disposable flip-flops for public showers.

Kembrel: Cherif Habib WG'11

Kembrel is an e-commerce store providing apparel and accessories.

Rx-Text: Sarah Russell WG'11

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Rx-Text creates text message-based applications to improve communication between providers and patients.

Charlie Mike Technical Institute: Tom Silva WG'11

Charlie Mike Technical Institute (CMTI) will be a post-secondary vocational school, specializing in select curricula designed to prepare US veterans for post military careers in the skilled trades.

Baby.com.br: Davis Smith WG'11/G'11

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Baby.com.br is one-stop online shopping for everything you need for baby in Brazil.

Baby.com.br continues to do terrific business in Brazil. Davis left in 2014 to pursue social entrepreneurship with his new startup, Cotopaxi.

2009 Winners

Wall Street Oasis: Patrick Curtis WG'10

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Wall Street Oasis is an online community for finance professionals and students trying to make it to Wall Street for careers in investment banking, sales & trading, private equity, hedge funds, venture capital, consulting, asset management and more.

ChronoWake: Rob Goldstein W'10

ChronoWake is a product that utilizes advanced physiological signal analysis and processing in order to wake its users at an ideal time within preference metrics.

PayDivvy: Michael Melby WG'10

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PayDivvy is a social payments platform that allows friends to manage and share any type of expense in real-time. (Paydivvy was acquired in 2013 by Higher One, which was subsequently acquired in 2016 by Blackboard.)

Warby Parker: Jeffrey Raider WG'10

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Warby Parker is a transformational designer, marketer, and retailer of fashionable eyewear sold online at one fifth the price of traditional glasses.

SearchEkko: Noah Ready-Campbell W'10

SearchEkko is a widget for blogs and news websites that helps visitors discover content that is relevant to them, and hence drives page views and revenues for the installed sites.

Noah went on to found Twice, an online consignment shop for fashion, which was acquired by eBay in 2015.

2008 Winners

MedVolution: Jonathan Cooper WG'09

MedVolution is a web-based, medical decision support software tool based on Bayesian networks for use in the primary care clinical setting.

Mike has now founded Life.io, is the world’s first web-based platform specifically designed to help people make better decisions every moment, to take care of themselves more, to engage more, to simply live more. Delivered through insurance companies or employers, it’s always on, sharing inspired ideas on how to live better today and every day after.

StealthRowing Divisble: Daniel Harbuch W'09

StealthRowing Divisible crew rowing boats for year-round, in the pool training.

Manoramic.com: Sameer Nigam WG'09

Disruptive online shopping marketplace for Indian markets (an Indo-US company).

Sameer has now founded PhonePe, a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number.

2007 Winners

Milo: Jack Abraham W'08

Browse, compare and research products available now at local stores. (Milo was acquired by eBay in 2010, and became eBay Local.)

Jack is now founder of Zenreach, the modern marketing platform for offline businesses, which allows businesses to discover their walk-through rate.

PlaceVine: Adam Erlebacher WG'08 and Greg Neichin WG'08

PlaceVine is an online marketplace for alternative advertisements. (PlaceVine was acquired by Alphabird in 2011.)

Red Ladder Media: Vikram Joshi WG'08

Red Ladder Media is a health and wellness content provider for the young, urban Chinese market that uses web and mobile information delivery channels.

Angiologix: Masha Merchant WG'08

Angiologix Inc., a medical diagnostic device company, is dedicated to human cardiovascular health.

JuiceLife: Blake Sonnek-Schmelz WG'08

JuiceLife is an all-natural, enhanced fruit juice company.

Invite Media: Nat Turner W'08

Invite Media is an ad-creation tools that allow local businesses to build and place video ads online. (Invite Media was acquired by Google in 2010 for $81 million.)

Nat is now co-founder of Flatiron Health, which is working to help cure cancer, partnering with cancer centers to organize the world’s oncology data in order to accelerate research and optimize treatment.