01 Jun 2017
The New Venture Competition Crowns a New CropRe: Rudina Seseri (MBA 2005); Anthony Tan (MBA 2011); Andy Jones (MBA 1997); Alexandre Skander Allegue (PLDA 18); Etienne Lacroix (MBA 2011)by Dan MorrellTopics:
NVC 20: This year marked the 20th anniversary of the New Venture Competition, which began in 1997 as the HBS Business Plan Contest. (photo by Susan Young)
After surviving among a pool of 171 alumni teams from 14 different regions, four alumni New Venture Competition finalists made their final pitches to a crowd at Burden in late April. The grand prize winner—decided by a panel of judges that included Glasswing Ventures founder and managing partner Rudina Seseri (MBA 2005) and Grab cofounder and CEO Anthony Tan (MBA 2011)—was Apli. Founded by Vera Makarov (MBA 2010), Apli is Latin America’s first on-demand jobs platform.
Prizes were also awarded to student teams in the business and social enterprise tracks at the event, with winners in all three categories each receiving $75,000, runners-up, $25,000; and crowd favorites, $5,000.
Apli: Latin America’s first on-demand jobs platform, delivering qualified workers in 24 hours.
Alumna: Vera Makarov, MBA 2010
Region: Latin America
FreeFlow Medical Devices LLC: Maker of medical devices that solve clotting, infection, and clogging issues.
Alumnus: Andrew Jones, MBA 1997
Region: Mid-Atlantic US
Pawame: Startup making solar energy affordable in Africa through microfinance and mobile payments.
Alumnus: Alexandre Skander Allegue, PLDA 18, 2015
Vention: A platform that allows businesses to design and order industrial equipment online.
Alumnus: Etienne Lacroix, MBA 2011
Class of MBA 2010, Section J