This will be the fifth year for the Harvard Business School Alumni New Venture Competition (NVC), which is run by the HBS Alumni Relations Office and the HBS Rock Center for Entrepreneurship. As
part of this global competition the Harvard Business School Association
of Boston will once again host the New Venture Program (NVP)
competition in the New England Region. The winner of NVP will then
compete against the winners from other regions (Northern California,
Southern California, Brazil, etc.) in the global NVC.
year, the HBS NVC will present awards for plans in three categories:
most innovative, best pitch and best investment. The winners will be
selected at the final presentation by crowd voting for the first two
categories and expert judges for the last. Each winning team will
receive a $25,000 prize.
HBSAB New Venture Program, which will lead into sending a winner to the
HBS New Venture Competition, is about to begin. Each team participating
in the HBSAB NVP will receive mentoring assistance from experienced
professionals, with the winning team provided the opportunity to make
their presentation to an established venture capital angel group to seek
funding. The schedule for the program can be downloaded by clicking
A practice pitch event to be held in January, is an opportunity for any interested
team to make a 90 second pitch to a group of experienced
executives who will provide you with feedback on your initial plan. If you decide to proceed and register to enter the New Venture Program, your team will be assigned at least one mentor.
Anyone interested can register for the practice pitch.
If you are interested in entering the NVP contest, the team must:
- have at least one HBS grad on executive team
- have raised less than $1.5 million capital/debt
- have less than $2 million in annual revenue
- have one team member registered as a member of the HBSAB
- be based within New England
- submit $100 fee and application by February 28th
- submit a 90 second pitch video
- submit a one-page executive summary and a 10 pages or less business plan
All interested teams are encouraged to sign up for the pitch contest and submit applications for the competition. Registration information for the pitch event will be emailed out in mid-December.
We invite you to forward this to anyone who may be interested or appropriate to participate in this year’s New Venture Program.
If you are interested in registering a team, please email Sally Millwood at firstname.lastname@example.org with Subject Line: Interested in entering NVP. Please feel free to email Sally if you have any questions or comments about the NVP.
Saeko Tsuchihashi (MBA 1992) and Frank Wezniak (MBA 1959)
HBSAB 2014 NVP Co-chairs