Accelerating innovation for business and society... With more than half of HBS alumni classifying themselves as entrepreneurs at some point in their lives, the New Venture Competition is designed to support students and alumni in the process of creating and evaluating new business and social-impact ventures. The Competition offers more than $300,000 in cash prizes and in-kind support.
The alumni Competition features two tracks, each of which awards a $50,000 grand prize and $25,000 runner-up prize.
In the Business Track, local competitions are held by participating HBS Alumni Clubs around the world. Each local winner then competes in the New Venture Competition finals at HBS on April 29–30, 2013. View rules & requirements.
In the Social Enterprise Track, a committee evaluates entries by HBS graduates who are launching social enterprises: nonprofit, for-profit, or hybrid organizations with a central focus on the creation of social value. The winner is selected through a final round of judging and announced at the New Venture Competition finals at HBS on April 29–30, 2013. View rules & requirements.