DM
Deloitte, the Deloitte Foundation, and Midjourney

AI Venture Velocity Challenge

Awards $175,000 in cash prizes to student teams building AI-accelerated ventures.

Advancement is judged on six weighted criteria: Problem Significance and Opportunity Quality (25%), Learning Velocity and Experimentation Rigor (30%), AI Integration & Leverage (20%), Evidence of Venture Progress (10%), Responsible Impact & Ethical Design (10%), and Adaptive Execution & Coachability (5%), each scored 1 to 5 from 'poor' to 'excellent' based on documented evidence rather than presen

Looking for teams of currently enrolled students at an accredited US university, from any major, building a venture that uses AI as a core, not superficial, part of its product or process. Ventures can be pre-MVP at entry but must not have made more than $5 million in gross revenue in any 12-month period before 1 January 2026.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.$175K

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