The Perlman Grand Prize is made possible by a generous endowed donation from Richard E. Perlman (W’68). The contribution represents the largest endowed gift to the Startup Showcase and will provide funding for this award in perpetuity. The winner is chosen by the Startup Challenge Finals judges, from the pool of 8 Finalists.

The William G. Simpson and R. Drew Kissler Startup Challenge Award is the Startup Challenge Finals Runner-Up Award. The winner is chosen by the Startup Challenge Finals judges, from the pool of 8 Finalists.

The Linn Family Innovation Prize is awarded to the team that is pursuing a venture that will, when brought to fruition, have true impact, disrupt the usual way of doing business, and accomplish real change in the world. The winner will be chosen by the Startup Challenge Finals judges, from the pool of 8 Finalists. Funding for this award is provided by the generous donation of Missy Bechler Linn, NU’91 and Eric A. Linn, W’92.

This award is presented to a social impact venture. Funding for this award is provided by the generous donation of Andrew Jacobson, WG’93 and Marina Kunis Jacobson, G’93.

This award is presented to the highest-ranking undergraduate team in the Startup Challenge Semifinals or Finals. At least 50% of the team must be made up of Penn undergraduate students. Funding for this award is provided by the generous donation of the Frederick H. Gloeckner Fund.

This award is presented to the highest-ranking team in the Startup Challenge Semifinals or Finals who best exemplifies the ability to collaborate across multiple disciplines of study at the University of Pennsylvania. Funding for this award is provided by the generous donation of Michael and Christine Angelakis and the Angelakis Family Foundation.

The Weiss Audience's Choice Award is granted based on audience vote to one of the teams participating in the final round.

The Khan Family AI for Business Award is presented to two ventures in the Startup Challenge Semifinals or Finals who best exemplify the usage of innovative artificial intelligence in their business model.

The Summer Venture Award is a $10,000 grant that provides financial support to Penn student founders who commit to working full-time on their venture during their final summer internship period at the University. To be considered, applicants must be selected as a Semifinalist or Finalist.

Select winning teams will also receive in-kind awards of legal services and accounting and strategy services from the in-kind sponsors of the Startup Challenge.