Take your Venture to the Next Level!

The Alumni New Venture Competition on April 26, 2016 is an annual event sponsored by the Harvard Business School's Rock Center for Entrepreneurship and HBS Alumni Clubs & Associations. This competition serves as a launch pad for innovative new ventures from HBS alumni, providing access and exposure to potential investors, mentors, and advisors.

The competition is open to alumni with new business and social-impact companies. The application process and first round of the competition begins at the regional level with teams applying to one of the 17 international HBS NVC lead clubs representing 14 regions.

*Application deadline - January 29, 2016*

Finalists compete for the following awards and benefits:

1st Place Winner: $50,000
2nd Place Winner: $25,000
"Fan Favorite" online crowd vote

Additional benefits for winners:

  • Exposure to one of the world's most powerful networks
  • Access to in-kind services to help build business
  • Attend invite-only Rock 100 event for HBS Founders & HBS New Venture Competition Finale on April 26, 2016. Travel stipend provided.

Application deadline - January 29, 2016

Eligibility Requirements

  • The venture must have an HBS alumni as a founder or C-level employee.
  • Applicants must be a member of a local club in their designated region. The home or business address on record at HBS must also be located within the club's geographic region.
  • Ventures must have less than $2million USD in revenue. In addition, they may not have more than $1.5 million USD in total debt/invested equity capital. Teams must meet both criteria. Invested capital is defined as funding appearing on the plan's balance sheet at the time of submission to the regional NVC lead club, which is no later than January 15, 2016. Teams will disclose any prior funding received at the time of registration.
  • Investment funds and acquisitions are not deemed "new ventures."


Applications are to be submitted to an NVC lead club listed below via the online application process. Visit individual club websites for details on local entry, application deadline and registration fee amount. Need help identifying your region? Refer to the NVC region breakout.

Venture Evaluation

NVC region leads and club selection committee, Rock Center for Entrepreneurship, HBS Alumni Angels Association and HBS Alumni Clubs & Associations will evaluate entries.

The following criteria will be used to judge your venture:

  • Problem & Solution: Define the problem, need or pain-point.  What solution does your venture provide? How is your solution innovative? Technology, business model, IP etc. Describe your value proposition.
  • Target market: Identify and quantify (size & spend) your addressable market for your product and service. Highlight growth and trends.
  • Attractive business model: How do you plan to make money? Who pays you? What are your distribution channels? What is your gross margin?
    Is your business model viable with the ability to efficiently scale, making it appealing to acquirers or position it for an IPO.
  • Financing: How much money do you need and for what purpose?
  • Team Can the founder, key team members, and advisors operate and scale a successful business.  Highlight industry knowledge, skill-set, leadership, relationships, key successes & failures.

Please refer to the NVC "Pitch Deck" template, to be used for the final pitch event at the Regional Finals Competition.

Regional Finals Competition

Each team will give a 10-15 minute presentation to a panel of judges. The panel will also have 10-15 minutes for Q&A and feedback. Revised pitch decks are allowed for presentations, but time will be strictly enforced.

THE 2015 Regional Winners


Greatest Impact Eve & Tribe of the Africa Region
Most Innovative: BollyX Fitness of the Northeastern US Region
Best Investment (chosen by global judges): StreetShares of the Mid-Atlantic US Region

2015 NVC Regional Winners

Northeastern US

BollyX Fitness

Fitness: The Bollywood workout
Minal Mehta, MBA 2011

View team executive summary and
90-second elevator pitch video


Eve & Tribe

Retail: Revolutionizing fashion retail in Africa
Ori Gbadebo-Smith, MBA 2013
Simone Bartlett, MBA 2013

View team executive summary and
90-second elevator pitch video

Central US


Transportation: Get your back office moving
Matt Bernstein, MBA 1993

View team executive summary and
90-second elevator pitch video

New England


Medical Technology: Turning the dream of parenthood into a reality
Alexandra Dickson, MBA 2013

View team executive summary and
90-second elevator pitch video

Southeastern US

P2P Cash

Financial Services: Saving millions of immigrants billions in money transfer fees
Tom Meredith, MBA 1985

View team executive summary and
90-second elevator pitch video

South Asia


Education: A social business solving the work-readiness crisis that students and organizations face through an innovative model developed at HBS
Shveta Raina, MBA 2013
View team executive summary and
90-second elevator pitch video

Northwestern US

Empower Generation

Renewable Energy:
Empowering women to power the world
Lionel Bony, MBA 2006
Deborah Kim, MBA 2006

View team executive summary and
90-second elevator pitch video

Mid-Atlantic US


Financial Technology: "Shark Tank" meets Ebay for small business
Mickey Konson, MBA 2002

View team executive summary and
90-second elevator pitch video

Latin America

Fast ReHydration Limited

Biotechnology: Faster rehydration, faster relief
Gustavo Souss, MBA 2008

View team executive summary and
90-second elevator pitch video



Digital Health: Brain rehabilitation, for everyone who needs it, everywhere
Son Preminger, MBA 1999

View Team Executive summary and
90-Second Elevator Pitch Video



Big Data Predictive Analytics: 10X better ship tracking and predictive analytics helps customers make money, save lives, guard borders, and protect the environment
Eric Meger, MBA 1984
View team executive summary and
90-second elevator pitch video


Raywon Nano-Science Inc.

Nano Materials: The 3M in nano-material field
Mike Liu, MBA 2014

View team executive summary and
90-second elevator pitch video



Parking: Your personal parking assistant
Omri Shafran, OPM 43

View team executive summary and
90-second elevator pitch video


Is Entrepreneurship Right For You?
Tuesday, November 17, 2015, 12:00 - 1:00 p.m. EST
Timothy Butler, Senior Fellow; Senior Advisor, Career and Professional Development, Harvard Business School

Are you considering pursuing an entrepreneurial career? Professor Tim Butler will share his latest research on the markers that differentiate entrepreneurs from non-entrepreneurs. Using the CareerLeader assessment tool, Professor Butler will demonstrate how your interests, motivators, skills and work culture preference play a significant role in determining your satisfaction and happiness as an entrepreneur. During this webinar you will learn how to:

  • leverage your strengths as you consider an entrepreneurial venture,
  • address potential challenges or vulnerabilities that you may encounter as an entrepreneur, and
  • recognize complementary skills in potential partners.

How to Stay Current in the Tech Space
Wednesday, December 9, 2015, 12:00 - 1:00 p.m. EST
Mark Hardie, HBS Career Coach and Product Innovator at Redstar Ventures, Agero, Ipsos and Nokia

Are you currently working in the tech industry? Or, are you thinking of exploring a new career within the space? In an industry that is constantly changing, it can be difficult to keep up with current trends.  Mark Hardie, a product innovator with years of experience in the tech space, will share how you can stay up to date on and effective in the industry. After this webinar you will be able to answer the following questions:

  • What resources and tools should you leverage to stay up-to-date on current trends in the industry?
  • How have roles in the industry evolved over the years and how are your skills applicable to these new roles?
  • What trends have emerged in recent years that are vital to the industry?
  • How can you retool your skill set to explore new opportunities in the space?



HBS Alumni Angels Association
HBS Alumni Clubs & Associations
HBS Rock Center for Entrepreneurship

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November 16:
Applications accepted

November - January:
Regional programming & promotion

Fri, January 29:

Plan submission deadline* including online application and executive summary 

Regional competitions held 

Fri, March 25, 2016:
Regional winners named 

April 1-15, 2016:
Judging and crowd voting takes place

April 26, 2016:
Winners announced at Student & Alumni New Venture Competition finals 
on HBS campus

How past participants
are succeeding