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The Foundry at UVA · Academic Year 2024–25

Annual Report.

Building the next generation of founders — a year of impact across UVA's entrepreneurship ecosystem.

Students Engaged
1,600
across the year
Schools Represented
10 of 12
nearly the full university
Funding Disbursed
$100K
to student founders
Foundry @ UVAPrepared for UVA Leadership · June 2025
Impact at a glance

2024 By the Numbers

All programs combined · AY 2024–25

1,600

Students Engaged

Unique students reached through advising, events, workshops, and programs

275

E-Cup Participants

Students competing across Concept and Launch tracks in the Entrepreneurship Cup

190

Ventures Supported

Founder teams supported across advising, programs, and the E-Cup

$100K

Funding Disbursed

Cash prizes distributed to student founders

40

Clients Mentored

Founders and teams that received structured venture advising sessions

3

Events Hosted

Workshops, demo days, speaker series, and networking events throughout the year

40+

Mentor Sessions

One-on-one and small-group sessions with experienced entrepreneurs and investors

10 / 12

Schools Represented

UVA schools whose students engaged with Foundry programming this year

Milestones

2024 Highlights

Key achievements across programs

E-Cup Growth

275 participants competed across both tracks, with expanded mentorship during judging rounds.

New Home on Elliewood

Opened The Foundry's new physical space on Elliewood Avenue, giving student founders a dedicated home to collaborate, meet mentors, and build.

Venture Analyst Program

Launched the Venture Analyst Program, giving students hands-on experience working directly with early-stage startups and investor networks.

University Partnerships

Kicked off partnerships across the University with numerous schools and departments, expanding access to Foundry programming campus-wide.

Year over year

Consistent Growth

Momentum across all metrics

Metric20252024(selected)
E-Cup Participants355275
E-Cup Prize Value (cash + in-kind)$200K—
Flip Pitch Participants80—
Students Engaged1,8501,600
Clients Mentored17940
Ventures Supported272190
Funding Disbursed (cash)$100K$100K
Events Hosted523
Mentor Sessions20040

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