There have been several success stories out of the competition. Notable in the list include a Charlotte native voicemail transcription app — Yap was bought quietly by Amazon in November of 2011 for an undisclosed amount. Ometric, another company hailing from the Southeast, was also purchased in 2011 by Halliburton. They initially received 250,000 in funding from Treyls Funds once they saw them at the CVC pitch.

Furthermore, if your company is student run, it’s free to apply. Get your application here. The deadline is March 1st.

On an interesting side note, the application was co-authored with NC IDEA to create uniformity between applications.