New Venture Competition

The annual New Venture Competition (NVC) is a multi-round pitch competition that gives early-stage startups a chance to win up to $18,000! The NVC is appropriate for ventures of any kind including tech, consumer, creative, or social impact. 

How it works: 

  • The NVC runs two parallel tracks: 
    • Tech ideas: Businesses whose primary motive is profits includes for-profit products/services, media, fintech, medtech, etc. 
    • Social impact ideas: Businesses whose primary motive is social impact and includes not for profits. 

  • The NVC consists of three rounds: Pitch & Pizza (Round 1), Semi-finals (Round 2), Finals (Round 3). The competition begins in the fall semester and concludes with the final winners in the spring semester.

  • *New this year* To participate in Pitch & Pizza (Round 1), you must pitch at one Monthly Idea Night or at an office hour session with Shena Lohardjo, Innovate@BU Startup Manager. These opportunities will help you prepare for the competition and give your best pitch possible!

Meet the 2019 Finalists!

On April 26, these 12 teams will be making their final pitch for a chance at the grand cash prizes. Join us at Innovators Night on Friday, April 26 to see who wins!

Social Impact Teams: 

  • Boston Afterschool Music launched a weekly music program at a K-8 in Roxbury that doesn’t provide music ed. We are looking to reach more students and add instrumental lessons, remaining a stable part of the community.

  • BRÜZD rescues excess produce that would otherwise go to waste at the farm level, and delivers them to homes in Boston for less than supermarkets charge. 

  • Credyty is a student loans financing platform that aims to increase access to upper education in LATAM through Fintech solutions. 

  • Healthy Gamer is an online platform helping people with video gaming addictions. We are writing a new model to treat this modern epidemic affecting 20M in the US with an addictions specialist from McLean. 

  • Mæven enhances first-year college students’ academic performance by yielding gamified tutoring experiences in the academic fields of Science, Technology, Engineering, Foreign Languages, and Math.

  • She Who Reads is a youth mentoring organization for young women in public high school that foster positive changes through goal setting, self-discipline, skill development, and friendship. 

Tech Teams: 

  • Alcancio is a 100% digital bank that allows cheap, easy and convenient access to financial tools for the unbanked and underbanked in Latin America.

  • CoCo College is a platform that exclusively connects students within their own university, where buying and selling books, TV’s, couches and more becomes a seamless interaction.

  • Interpret is an app that will use a business model similar to Uber’s to provide real-time, accurate translation services worldwide.
  • Pangissimo strives to offer consumers access to affordable surround sound entertainment by designing and manufacturing modular speakers that value sound quality, portability and accessibility.

  • Rilla is online platform where entrepreneurs can connect with each other based on anonymous idea matching, learn how to build a new venture, and manage all new aspects of their business.

  • VERTO is a secondhand eCommerce platform that facilitates pre-owned exchanges with thorough user-vetting, flexible delivery options including same-day door to door delivery, and no commission fees.