Venture Cup  Venture Cup is a type of a Scandinavian business plan competition in which entrepreneurs with unique business ideas compete for investment capital. Run by nonprofit organizations in Denmark, Finland, Norway and Sweden, Venture Cup competitions are the largest business plan competitions in the world. Used to promote entrepreneurship within Scandinavian universities and to generate high-growth start-up companies within Scandinavian society, the various organizations award more than half a million euros across Scandinavia on a yearly basis. Each organization runs its competition differently; some consist of several stages, in which participating teams submit ideas or projects for consideration to a professional jury and then develop those ideas into investment-ready business plans. Others (in Denmark, for example) run separate competitions for unique business concepts and well-developed business plans. Venture Cup Denmark is a world-leading startup organization for university students based in Denmark. With chapters in Portugal, Iceland, China, Australia and more than 35 international partners (universities, incubators, accelerators), Venture Cup has a global network in which the mission is to identify and develop the talents and technology of tomorrow. Venture Cup is an association of all eight Danish universities. It has grown to have Scandinavia’s largest mentor program for university students with more than 300 mentors from the business community and a Founder’s Club via which relevant courses are offered to the founders in the Venture Cup network. The organization hosts two national competitions a year and the annual University Startup World Cup where teams from around the world are invited to spend one week in Copenhagen to learn, grow and network. The winning team has a chance to win $25,000 and the title "Best University Startup".