NVC Kickoff Information
Transcript of NVC Kickoff Information
2014
Why Do it? Helped start 100s of businesses
— Exchange.com, SupplierMarket.com, @hoc, Brontes Technologies, Finale, New Leaders for New Schools, MyHappyPlanet, YouTea!, Cloudflare, RentTheRunway, BirchBox, RelayRides, Oscomp Systems, Triangulate, Vaxess Technologies, Good Start Genetics, ZEFER, Tauros Engineering
A great launch pad for your idea; test your interest in startups
Feedback from accomplished funders and founders
Principles into Practice ... — A learning experience that will prepare you when you DO have your great idea or when
launching a new initiative within an existing business
Fame and fortune!
Benefits – Register Now! $1,000 Experimentation Fund for EVERYONE to engage in structured
experimentation and validate assumption
Early Stage Feedback from judges and mentors
Live judging and feedback for every participant on market viability of idea, go to market plan, team, business model
Launching pad to future funding and accelerator opportunities, fast track opportunities, Pitch Day, HBS badge
$50,000 Grand Prize, $25,000 Runner Up + In-Kind Prizes
Eligibility/Rules
Open to all HBS students and anyone else, as long as team has at least one HBS student who is a member of the founding team
2 tracks (Business & Social Enterprise); dates/awards are the same, process and judging criteria are different
RC teams may NOT enter their FIELD III project; Cannot win twice for the same idea (RC/EC year); Can apply to other Harvard competitions
Collaboration with Harvard Science Labs, MIT, i-Lab, and outside team members encouraged
Focus on seed stage ideas (<$1.5M capital raised/<$2M in revs)
All teams/MBA present on Super Saturday, Finalists only for Burden finale
Calendar
TODAY: Panel of Past New Competition Winners Paris Wallace, MBA '08, Founder, Good Start Genetics Tony Tjan, MBA '98, Founder, ZEFER and Cue Ball Adrian Ross, MBA ‘14, Founder, Tauros Engineering
Team Building Mixer #1 30 Second Pitch: Problem, Solution, Help? Mix and Mingle by industry sector
Coming Soon: Early Stage Feedback (11/1, 12/11) Team Building Mixer #2, Mass Challenge (11/19) Entrepreneurship Conference: Pitching Contest (11/24) Early Registration Deadline (2/5) Super Saturday (4/5) Pitch Day (mid April) Finals (4/29)
More Details: http://www.hbs.edu/entrepreneurship/new-venture-competition
The Whole World is Waiting …
What will you do??
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