Summer Venture Award

$10,000 to work on your startup over the summer.

Who qualifies for a 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.

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

2019 Application Cycle is Closed.

Questions? Email Xavier Stewart

2019 Winners

LUXURY SKINCARE INSPIRED BY INDIAN BEAUTY RITUALS

aavrani uses all-natural, organic ingredients to create unique skincare products based on the acient Ayurvedic rituals of South Asia.

Co-founders: Rooshy Roy (WG’19), Chelsea Mao (WG’20), Justin Silver (WG’19)

BRINGING CONCIERGE MEDICINE TO CHINA

Providing health and wellness advice to Chinese consumers through a unique personal health consultant model, Aureum partners with local physicians and offers service through a telemedicine platform, leveraging a blockchain powered medical record database.

Co-founders: Derek Gao (WG’20), Shuaiqing Liu (WG’20), Yi Dong (WG’19), Prashant Kumar (WG’19), Renee Yu (WG’20), Hongyi Yan (WG’20)

BRIDGING THE EDUCATION GAP

Bloom is a virtual assistant chatbot that directly integrates onto a course creator’s site to allow students to ask questions, see relevant discussions, and receive both automatically-generated and community-mediated answers.

Co-founders: Justin Rhee (C’20), Alexander Belanger (C’20)

FROM CLASSROOM TO BOARD ROOM

Boost Scooters use non-motorized scooters to provide college and business campuses with a more personalized mode of transportation.

Co-founders: Kameron Hypolite (C’20), Isaiah Washington (W’20), Noah Sinclair (W’20)

HYPER-TARGETED, LOCATION-BASED AD DELIVERY

Halo is putting location-targeted ads on top of Uber/Lyft vehicles. We attach smart ad monitors on top of cars and display creative, captivating ads that change based on the location of the driver in order to more effectively target and engage consumers.

Co-founders: Faizan Bhatty (WG’20), Kenan Saleh (W’19); Nabeel Farooqui (ENG’21), Ryanne Fadel (W’21)

2018 Winners

Joe Ammon, WG'19

Clove creates stylish footwear for medical professionals that combine the best of current sneaker technology with the technical requirements of traditional nursing shoes.

Learn More About Clove

Shanel Fields, WG’19

MD Ally is an emergency telehealth company that allows 911 dispatchers to enable instant access to an ER physician for non-emergency 911 callers.

Learn More About MD Ally

Duncan McCrae, W'19

Presto allows hotels to interacts with guests during their say via SMS and uses artificial intelligence to reply to guest messages instantly. Presto was acquired by Zingle inc, a leading hospitality tech company.

Learn More About Presto

Aditya Siroya, C’19, W’19

rePurpose is a social venture that aims to create an ethical and efficient supply chain of waste recycling in urban India.

Learn More About rePurpose

Katherine Sizov, C’19

Strella is developing a biosensor capable of predicting the maturity of apples, thus reducing waste costs.

Learn More About Strella

2017 Winners

Mitch Gainer, WG’18 - CitySense

CitySense provides analytics services to municipal water utilities to identify and stop water waste. No longer in business.

Read about how CitySense used their Summer Venture Award.

Parker Barnett, GEN’18 - Fellow Hunter

Fellow Hunter provides short-term access to quality hunting land. Landowners post their land and hunters can book daily access for a fee. No longer in business.

Read about how Fellow Hunter used their Summer Venture Award.

Timothy Blomfield, GEN’18, WG’17 - Incidnt

Incidnt is a web and mobile phone application that provides students with an anonymous, easy to use tool to report bullying incidents in the school setting. No longer in business.

Read about how Incidnt used their Summer Venture Award.

Achille Verheye, GEN’18 - Rigrade

Rigrade builds climbing robots for remote inspection, surveillance, repair, and maintenance. No longer in business.

Read about how Rigrade used their Summer Venture Award. 

2016 Winners

Scott Elfenbein, WG’17 - brEDcrumb

brEDcrumb Penn Wharton Entrepreneurship alumni startup Summer Venture Award winner

brEDcrumb matches high-achieving high school students with the personal guide they need to reach their full college potential. No longer in business.

Negar Rajabi, WG’17 - Cemsica

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

 

 

 

 

Cemsica develops proprietary technologies to reduce greenhouse gas emissions with superior efficiency and minimal footprint. No longer in business.

Andrew Barnell, WG’17 - Geneoscopy

geneoscopy Penn Wharton Entrepreneurship alumni startup Summer Venture Award winner

Geneoscopy is developing a screening methodology to noninvasively diagnose colorectal cancer (CRC) using biomarkers in stool samples. Geneoscopy raised $1.0M in its second round of funding in spring of 2018.

Christopher Molaro, WG’17 - Neuroflow

 

 

 

NeuroFlow 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. Neuroflow has raised $1.2 million in the fall of 2018 to scale up.

Erik Skantze, WG’17 - Perseus Mirrows

 

 

 

 

 

 

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

Julia Peng, C’17, W’17 - VivaVax

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

 

 

 

 

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, G'16 - Bahari Capital

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

Aaron Goldstein, W'16 - Fever Smart

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

Emily Motayed, WG'16 - Havenly

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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.

Lucy Zhang, WG'16 & Lucy Peng, WG'16 - SetSail

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

Matthew Carey, C'07, WG'15 & Adam Colombo, ENG'14, W'14 - Blueprint Income (formerly Abaris)

Blueprint Income is building a better future and a smarter way to save for retirement by offering a Personal Pension that’s truly the first of its kind.

Ford Kerr, WG'15 - SmartPlate

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

Katlyn Grasso, W'15 - GenHERation

genheration

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

 

Daniel Fine, W'15 - Neu

neu

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

Lane Rettig, WG'15, G'14 - AlumVest

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.

Evan Rosenbaum, W'14 - Layers

Bringing life to books.

Evan is now co-founder of Genies Inc.a media and technology company that’s disrupting the way millennials and gen z consume and share the news.

Frank Brodie, WG'14, MD'14 - Maculens

Maculens Vision Technology commercialized novel optical coating that reduces discomfort and eyestrain from headlights at night.

Betty Hsu, WG'14 - ProfessorWord

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

Zach Simkin, C'06, WG'14 - Senvol

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Senvol: data to help companies implement additive manufacturing.

2012 Winners

Samir Malik, C'08, W'08, WG'14 - 1DocWay

1docway

1DocWay: A marketplace connecting hospitals with underserved care facilities. We bring the doctor’s office online. 1DocWay was acquired by Genoa in 2015.

 

Rajiv Mahale, WG'13 - SpeSo Health & Catalogue.com

In a SVA first, one student entrepreneur applied and made the finals with two different ventures. He was 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. No longer in business.

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

Steve Lau, WG'13 & Jon Dussel, WG'13 - Cloudable.me

Cloudable.me is an intuitive online application focused on enabling simple social organization and sharing of everything on the internet. No longer in business.

Deepa Gandhi, WG'13 - Dagne Dover

dagne-dover

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

Su Que ``Kristy`` Leong, WG'13 - Grand Round Table

grand-round-table-logo1

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

Steven Dong, W'12 & Corey Lerch, W'12, ENG'12 - Osus

Osus is weight-lifting you can wear. No longer in business.

Dan Getelman, W'12, ENG'12 - Lore

lore2

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

Dan went on to co-found Remix, the first planning platform for public transit.

Mike Kijewski, WG'12 - Gamma Basics

gamma-basics

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.)

Mike went on to co-found MedCryptMedical Device Security as a Service.

Nimit Maru, WG'12 & Roberto Sanchez Garvin, WG'12 - Mooblue

Mooblue is a real-time bidding mobile ad exchange.

Nimit went on to co-found Fullstack Academy.

2010 Winners

Lee Beinstock, WG'11 - Flipables

Flipables are disposable flip-flops for public showers. No longer in business.

Cherif Habib, WG'11 - Kembrel

Kembrel is an e-commerce store providing apparel and accessories. No longer in business.

Cherif went on to co-found Dialogue Technologies and Maison FreshMint.

Sarah Russell, WG'11 - Rx-Text

rx-text

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

Tom Silva, WG'11 - Charlie Mike Technical Institute

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. No longer in business.

Davis Smith, WG'11, G'11 - Baby.com.br

logo_baby

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

Patrick Curtis, WG'10 - Wall Street Oasis

wall_street_oasis_logo

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.

Rob Goldstein, W'10 - ChronoWake

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.

Michael Melby, WG'10 - PayDivvy

paydivvy

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.

Jeffrey Raider, WG'10 - Warby Parker

warbyparker_logo_w_ew_432-copy-2

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

Jeffrey Raider went on to found Harry’s.

Noah Ready-Campbell, W'10 - SearchEkko

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

Jonathan Cooper, WG'09 - MedVolution

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

Jonathan went on to found Life.io. Life.io engages policyholders through personalized content, intuitive tracking tools, and health insights, and rewards those policyholders for living a healthier lifestyle.

Daniel Harbuck, W'09 - StealthRowing Divisble

StealthRowing Divisible crew rowing boats for year-round, in the pool training. No longer in business.

Sameer Nigam, WG'09 - Manoramic.com

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

Sameer went on to found  PhonePe, a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number.

2007 Winners

Jack Abraham, W'08 - Milo

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 Atomic, a venture fund that founds companies. 

Adam Erlebacher, WG'08 & Greg Neichin, WG'08 - PlaceVine

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

Adam went on to found Fabric, life insurance made easy.

Vikram Joshi, WG'08 - Red Ladder Media

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

Vikram went on to found pulsd and WorkKafe.

Masha Merchant, WG'08 - Angiologix

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

Angiologix, Inc. was acquired by Everist Genomics in 2011.

Blake Sonnek-Schmelz, WG'08 - JuiceLife

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

Blake went on to acquire and restart Soccer Post.

Nat Turner, W'08 - Invite Media

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 went on to co-found Flatiron Health, which provided cancer electronic health record software and was acquired by pharmaceutical group Roche in 2018.