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New Venture Competition

New Venture Competition

  • Eligibility & Rules
  • Judges
  • Judging Criteria
  • Prizes & Benefits
  • NVC Regions
  • Resources
  • Regional Winners

Judging Criteria

Judging Criteria

  • Eligibility & Rules
  • Judges
  • Judging Criteria
  • Prizes & Benefits
  • NVC Regions
  • Resources
  • Regional Winners
12ms

NVC region leads and club selection committee, Rock Center for Entrepreneurship, HBS Alumni Clubs & Associations, and appointed regional & global judges will evaluate application 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 (pdf), to be used for the final pitch event at the Regional Finals Competition.



    KEY DATES 

  • JAN30
    • Monday
      January 30, 2023

    Deadline for NVC applications at 12:00pm noon ET (Boston time)

  • MAR17
    • Friday
      March 17, 2023

    8-10 global finalists are notified and invited to pitch at NVC Finale event

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