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Purpose is to accelerate the growth of early-stage ventures affiliated with UC Berkeley that have a minimum viable product and some measurable validation with the singular goal of preparing new ventures to be investor-ready. A total prize amount of $15,000 will be shared among the top two or three teams during a 2.5-month program that includes workspace, access to a broad network of advisors and mentors (with the possibility of a match), and a vibrant community of entrepreneurs.

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