Round 1 submission questions
Many people are asking about what the Round 1 questions are.
There are listed below, but the Rounds 1 questions, and the questions for ALL rounds are available in the NVBC Rules.
Round 1: The Idea
In this round participants will have access to seminars, networking opportunities, and online resources.
Completed registration and an outline of the business idea using the online form must be submitted by mail or electronically by April 23, 2008 to the New Ventures BC Competition, and must:
* Show how the Participant meets the eligibility requirements,
* Include a description of product or service offer,
* Include a description of the innovation behind the idea without disclosing proprietary technology,
* Briefly describe the technology sector the idea stems from,
* Provide a brief analysis of market and competition.
Responses to the questions are limited to a maximum of 250 words per question.
Entries will be evaluated on the basis of the five points noted above. Up to one hundred (100) participants will be invited to submit to Round Two. The finalists will be announced by April 28, 2008.
April 22nd, 2008 at 9:19 am
Thanks for posting this, Angie. Though I think in the application web form it says each question is limited to 1,500 words.
April 22nd, 2008 at 9:36 am
Thanks James. It’s actually 1500 characters, which I’m assuming means 250 words? Either way, as long as you don’t write too much your fine. The first round is primarily an eligibility review.
April 23rd, 2008 at 11:36 am
I like to attend the siminar and participate the competition,
lina kay
April 23rd, 2008 at 8:10 pm
Do we still get charged the $100 fee even if we don’t make it into the top 100 teams?
April 24th, 2008 at 10:55 pm
The $100 fee is non-refundable. You can talk to me if you have questions or concerns about this.
April 28th, 2008 at 1:25 pm
When will the top 100 be released and how will this happen? (ie email, press release, website?)
April 28th, 2008 at 2:12 pm
email and website. We’re still waiting on info from a few companies that the Jury requested. Hopefully soon.