The competition is for any new, for-profit, independent venture in the seed, start-up or early growth stages that is led by an undergraduate women. Ventures with a social impact focus are eligible as long as there is a revenue-generating component to the venture. Ventures that qualify for 501(c) status are not eligible. An existing business is eligible only if, as of 11:59 p.m. on December 31, 2020, it has: - received less than $25,000 in funding - earned less than $100,000 in gross revenue **Grand Prize: $25,000 + Draper University Scholarship** Track Winners (4): $10,000 (not including track of Grand Prize winner) Track Runners Up (5): $5,000 Honorable Mentions (5): $1,500 Fan Favorite (1): $1,000"