New Venture Competition
Business Track
Ventures with economic returns that drive substantial market value.
Social Enterprise Track
Ventures that drive social change using nonprofit, for-profit, or hybrid models.
Which Track is Right for You?
Unsure of whether your idea is right for business or social track? The decision is not cut-and-dry. Here are some helpful questions to ask as you are considering the right track for you.
Eligibility
Do I meet eligibility requirements for the track?
See details for Business Track and Social Enterprise Track.
Focus
What is the primary focus of your idea – economic or social returns?
The Business Track focuses on ventures whose economic returns drive substantial market value. Ideas may also have social impact, but social impact is not the focus of your decision making, market entry, or funding.
The Social Enterprise Track focuses on ventures that create social change, and can include nonprofit, for-profit and hybrid models. In recent years, approximately half of SE entries have been for-profit or hybrid. In all cases, ideas are evaluated for financial sustainability; and in for-profit plans, the focus is on social return while having economic returns.
Judging
How do you want to be evaluated, where do you want feedback, and which judges do you want to make connections with?
See more on Business Track judging and Social Enterprise Track judging.
Winners & Success Stories
- Video duration:2:052024 New Venture Competition Winner, Social Enterprise Track: Solara
- Video duration:1:322024 New Venture Competition Runner-Up, Social Enterprise Track: Trans Health HQ
- Video duration:1:582024 Alumni New Venture Competition Winner: Elisa
Student & Alumni Journeys
Nearly 400 teams from three tracks—alumni, social enterprise, and business—competed in the 2019 Harvard Business School New Venture Competition. Experience their journeys from ideation, pitching, failures (and successes!), pivots, lows and highs, all culminating in the finale event where winners from each track were announced.