The New Venture Competition serves as a launch pad for innovative new ventures from HBS alumni, providing access and exposure to potential investors, mentors, and advisors. New York hosts the Northeast U.S./New York Regional competition.

New Venture Competition 2020

New Venture Competition – Alumni Track

Northeast U.S./New York Region

The HBS Club of New York is excited to announce the 2020 New Venture Competition and invite all HBS alumni working on an early-stage startup to apply to the Northeast U.S./New York Region! Teams will compete in the regional competition for a chance to represent our region in the HBS global finals.  This competition is open to all HBS alumni and both for-profit and not-for-profit companies are eligible. 

NVC is sponsored by the Harvard Business School’s Rock Center for Entrepreneurship and Alumni Clubs & Associations.  Winners receive an invitation to the student and alumni New Venture Competition Finale to be held on campus in April 16, 2020.

APPLY by January 27, 2020 at 12pm noon ET for a chance to receive invaluable feedback, gain access to one of the world’s most powerful networks, and win prizes!

Regional Winner Prizes & Benefits:

  • 1st Place Prize: $10,000
  • Runner Up: $2,500
  • Early Stage Startup: $2,500
  • In-kind services (TBD)
  • Invitation to the NVC Finale in April at HBS

Global Winner Prizes & Benefits

  • 1st Place Prize: $75,000!
  • 2nd Place Prize: $25,000!
  • Crowd Favorite: $5,000!
  • In-kind services (TBD)
  • Access to potential investors
  • Invitation to the NVC Finale at HBS in April

 

KEY DATES

November 1, 2019: Application opens on the HBS Alumni NVC website

November 18, 2019: Kickoff Cocktail Party. Meet and learn from previous NVC winners over drinks.

January 27, 2020: Application Deadline at 12:00pm noon ET

February 13, 2020: Regional Showcase Competition takes place.  Regional finalists will be chosen and move onto the Regional Final Round of the competition.

March 4, 2020: Regional Final Competition takes place.  Regional final winner will be chosen and move onto the Global Round of the competition.

March 8, 2020: Global finalists are notified and invited to pitch at the NVC live event on the HBS campus.

April 16, 2020: NVC Finale – Regional final winners attend the Finale and 8 global finalists pitch to prominent VCs.  Grand Prize, Runner-Up and Crowd Favorite winners announced

 

Visit the HBS New Venture Competition – Alumni Track page to view eligibility, judging criteria and more.

 

Further Regional Details…

The 2020 New Venture Competition (NVC) competition is open to all alumni ventures, including both for-profit and not-for-profit companies. Regional winners will be judged virtually by a group of investors and founders from around the globe. Eight global semi-finalists will be chosen to compete in the NVC Finale on April 23, 2019 in Boston.

Northeast U.S./New York region NOW includes New York, New Jersey, Delaware, Maryland, Pennsylvania, Washington D.C., Virginia, and West Virginia.  Please note, we welcome applications from all states as long as you are able to travel to New York for the regional events.

WHY APPLY

NVC is an excellent launchpad to join the buzzing New York startup ecosystem where some of the most successful U.S. startups and prominent VCs are located. This is your chance to get great feedback and move your company forward by showcasing your company to a large group of potential partners, such as investors and advisors. Plus, we offer cash prizes and in-kind services to help with your startup’s needs.

Each Regional Applicant Receives:

  • Feedback and access to potential advisors and investors through our NVC-NY Mentorship Program
  • Exposure to the NY entrepreneurship community through our NVC-NY Startup Showcase
  • Opportunity to win terrific cash and in-kind service prizes!

For more information, contact Nina Wanerman, Program Manager, Entrepreneurship at nwanerman@hbscny.org

NVC is sponsored by HBS’s Rock Center for Entrepreneurship and Alumni Clubs & Associations. The Northeast U.S./New York Regional competition is sponsored by the Harvard Business School Club of New York.

GOOD LUCK!

 

 

Prizes & Sponsors

Northeast U.S./New York Regional Winners receive cash and in-kind prizes from our Sponsors:

              

Cash Prizes

  • 1st Place Prize: $10,000
  • 2nd Place Prize: $2,500
  • Best Early Stage Startup: $2,500

Platinum Sponsors Google Cloud

  • $100K Google Cloud Startup Support package* (Cloud and Firebase Credits) for the 1st and 2nd Place Winners
  • $20K Google Cloud Startup Support package* (Cloud and Firebase Credits) for the Early Stage Winner
  • Dedicated start-up technical office hours
  • In-depth 1:1 architecture reviews with Google engineers
  • Invitations to exclusive local Google Cloud events
  • A smaller Google, via introductions internally where it matters to startups: Ads, Play, Maps, Chrome, and more

*Cloud Credits are available for startups who have not previously received promotional Cloud credits, and are good for 12 months.

Legal Sponsors Polsinelli

  • Pro bono legal services up to $5K for each of the First, Second, and Best Early Stage Startup winners
  • “Pitch Perfect” assistance to the First, Second, and Best Early Stage Startup winners, to provide advice and assistance with respect to their pitches at the HBS Alumni NVC
  • Free presentations on related start-up legal topics including intellectual property protection and corporate structure matters

Generously provided by HBS Alumni Angels of Greater NY

Winning teams will receive the opportunity to pitch to HBS Angels of NY

And more!

Hear From Past Winners

Anna Auerbach '10, 2017 Regional Winner

“HBS has always been a leader in entrepreneurship, and after hearing fellow classmates experience with NVC, I was excited to participate as soon as Werk’s business was officially launched. I appreciated how founder-friendly it was. So many other comparable models make it onerous for the founder to participate – but this was both easy and fun.”

Stephanie Sarka '90, 2016 Regional Winner

“NVC was a great opportunity to gain exposure and receive feedback on 1Atelier. We met quite a few investors through the competition. The ‘NVC Winner’ title makes our business credible and legitimate, especially to other HBS alumni. Overall, it was an incredible experience.”

Melissa Fensterstock '12, 2014 Regional Winner

“Our advisor–whom we met through the NVC-NY mentorship program–has been an amazing resource, eventually becoming one of our board members. The exposure was great for our business, Aromaflage. Being plugged into the network has been the gift that keeps on giving.”

Key Dates

November 1, 2019: Application opens on the HBS Alumni NVC website

November 18, 2019: NVC Kickoff Cocktail Party. Meet and learn from previous regional NVC winners.

January 27, 2020: Application Deadline at 12:00pm noon ET

February 13, 2020: Regional Showcase Competition takes place. Regional finalists will be chosen and move onto the Regional Final Round of the competition.

March 4, 2020: Regional Final Competition takes place.  Regional final winner will be chosen and move onto the Global Round of the competition.

March 8, 2020: Global finalists are notified and invited to pitch at the NVC live event on the HBS campus.

April 16, 2020: NVC Finale – Regional final winners attend the Finale and 8 global finalists pitch to prominent VCs.  Grand Prize, Runner-Up and Crowd Favorite winners announced

 

Previous Judges (2020 Judges TBA)

  • Hisham Elhaddad
    Managing Partner, HOF Capital
  • Susan Lyne
    President & Managing Partner, BBG Ventures
  • David S. Rose
    Founder and CEO, Gust

NVC Winners

2019 NVC Northeast U.S./New York Regional Winners