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
2024 By the Numbers
All programs combined · AY 2024–25
Students Engaged
Unique students reached through advising, events, workshops, and programs
E-Cup Participants
Students competing across Concept and Launch tracks in the Entrepreneurship Cup
Ventures Supported
Founder teams supported across advising, programs, and the E-Cup
Funding Disbursed
Cash prizes distributed to student founders
Clients Mentored
Founders and teams that received structured venture advising sessions
Events Hosted
Workshops, demo days, speaker series, and networking events throughout the year
Mentor Sessions
One-on-one and small-group sessions with experienced entrepreneurs and investors
Schools Represented
UVA schools whose students engaged with Foundry programming this year
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.
Consistent Growth
Momentum across all metrics
| Metric | 2025 | 2024(selected) |
|---|---|---|
| E-Cup Participants | 355 | 275 |
| E-Cup Prize Value (cash + in-kind) | $200K | — |
| Flip Pitch Participants | 80 | — |
| Students Engaged | 1,850 | 1,600 |
| Clients Mentored | 179 | 40 |
| Ventures Supported | 272 | 190 |
| Funding Disbursed (cash) | $100K | $100K |
| Events Hosted | 52 | 3 |
| Mentor Sessions | 200 | 40 |
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