The Olin Cup competition was founded in 1988 as part of The Hatchery entrepreneurship course at the Olin School of Business.
The competition began awarding up to $70,000 in seed funding in 2001 with the support of the Skandalaris family. In 2005 the competition began awarding the best student teams a $5,000.
By 2007, the competition had resulted in the formation of more than 50 new businesses by business students and alumni.
| Company | Date | Round | Size | Participants |
| ITOG, Inc. | 2/08 | Seed | $205k | 1 |
