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
here (updated 1/15/14).
A practice pitch was held on January 15th, and was an opportunity for any interested
team to make a 90 second pitch to a group of experienced
executives who provided feedback and asked questions.
Two summaries of the evening are here:
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 one-page executive summary and a 10 pages or less business plan
- submit a 90 second pitch video (only the winner of March 18th will need to submit a video for the NVC Finals for April 15th)
All interested teams are encouraged to sign up for the pitch contest and submit applications for the competition.
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 email@example.com with Subject Line: Interested in entering NVP. Please feel free to email Sally if you have any questions or comments about the NVP.
And all are invited to the next program to be held at HBS:
||New Venture Program Panel Discussion: Resources
Tuesday, 02/25/14 at 5:30 pm (first hour is networking and light dinner buffet)
As a part of the New Venture Program, we are bringing together
panelists from Boston’s active entrepreneurship ecosystem for a unique
and exciting session. All are invited!
Saeko Tsuchihashi (MBA 1992) and Frank Wezniak (MBA 1959)
HBSAB 2014 NVP Co-chairs