GREELEY — Eight companies, four of them student-run, have scored wins in the 12th annual University of Northern Colorado Entrepreneurial Challenge.

The finalists competed in the annual business pitch competition last week; winners were awarded bragging rights and cash prizes.

In the collegiate division, winners were:

Fourth — Chicha Mate, Greeley, $2,000.

Third — Landlocked Surf & Skate, $3,000.

Second — Milk & Honey Baking Co., Yuma, $4,000.

First — Martian Media LLC, Frederick, $6,000.

Open division:

Fourth — JobVyne, $2,000.

Third — Music by Masses LLC, Westminster, $3,000.

Second — HumusPak Co., Fort Collins, $5,000.

First — SmartRank Inc., Broomfield, $10,000.

The Monfort College of Business at UNC runs the challenge to help students and other business operations refine their innovations and pitch their products or services.