The Business Track of the New Venture Competition provides a unique opportunity for students to put entrepreneurship principles into practice with an integrative learning experience. Whether you are a winner of prizes, go on to implement your proposed new venture idea, or simply take advantage of the learning and apply it later in your career, we guarantee the Competition will be an exciting, challenging, and rewarding experience. We look forward to understanding more about your idea, hearing your pitch, and providing you with some valuable feedback along the way.

 

Key Steps


  1. Receive Early-Stage Feedback. Get a head start and get feedback on your venture idea.
  2. Register. Submit a Registration Poll to enter in the competition.
  3. COMMIT. Submit the Intent to Present form by March 9th, 2016 at 12:00pm.
  4. DELIVER YOUR EXECUTIVE SUMMARY & SLIDE DECK to Rock 107 by March 30th, 2016 at 12:00pm. 8 copies of your Executive Summary(max 3 pages), and 1 copy of your pitch deck. Don’t forget your cover sheet!
  5. Pitch your plan. Seize the unique opportunity to gain invaluable feedback, exposure, and experience while having fun. All teams have the chance to present on Super Saturday. Ten semi-finalists will be chosen to compete in the next round.
  6. Attend the finale. Finalists present to a panel of judges on April 26th, 2016when a winner and runner-up will be selected.
 

Upcoming Events & Deadlines

    • 10 Feb 2016
    • Business Track
    • Event

    NVC Baker Bootcamp I

    Arm yourself with the right data to impress investors and move your venture to where you need to be! Sign up for a research drop-in session with a Baker Librarian. Baker can help you identify compelling data and analysis to help you make your pitch, including potential market size, competitive landscape and industry stats, and trends. Bring your questions and research needs. 

    • 18 Feb 2016
    • Business Track
    • Event

    NVC Legal Series: Financing Deal Terms

    This session provides an in depth look into critical deal terms that arise in the context of raising capital in seed, angel and venture financing. Convertible debt vs. preferred stock financing, pre- and post-money valuation, liquidation preference, anti-dilution protection, corporate control, information and registration rights, and other key features of financing will be covered. Actual term sheets are used as a guide to the discussion. 

    • 24 Feb 2016
    • Business Track
    • Event

    NVC Funding Seminar: Venture Capital Math and Early Funding

    Attention Founders - are you thinking about how to approach seed funding and want to understand how to think about the different options? Are you interested in creating your cap table but have questions about doing so? Join Jason Furtado, CEO/Co-Founder of Shoobx and Matt Rowe, General Counsel for Shoobx, as they explain what you need to know about Bridge Notes, SAFEs, KISSs, and more as we talk about how they affect your ownership on the cap table down the road.

Full Calendar

 

Most Frequently Asked Questions

How significant of a role does an HBS student have to play in the company?

The HBS student must be a part of the founding team and a significant equity holder, if equity has been distributed.

Are there fast track opportunities?

Yes, if you participate in the New Venture Competition you’ll have access to a number of fast track opportunities including, Mass Challenge, the Business Model Competition, and Founder.org.

If I compete/am a winner in the New Venture Competition, can I also participate in other Rock Programs and Harvard Competitions?

Yes, as long as you are not a winner or runner up in the New Venture Competition. If you are a grand prize or runner-up winner, you may not submit the same idea for a Rock Summer Fellowship or for the Rock Accelerator award. You may compete in other Harvard Competitions.

What types of expenses are eligible through the Rock Center Experimentation Fund?
Stay tuned! More information to come soon.
Are there limitations on the amount of seed capital raised or revenue generated?

Yes, there is a $1,500,000 limit in capital raised and a $2,000,000 limit in revenue.

 
 More FAQs