Companies that had competed and succeeded in the New Ventures BC Competition as far back as 2003, made up for 43% of the companies on their Emerging Rockets lists and 28% of the companies on the Ready to Rocket lists.
Here are more specific statistics related to competition alumni and Rocket Builders’ 2013 lists: Read more
More than $300,000 in prizes are waiting to be scooped up by emerging companies in BC’s technology space through the annual BCIC-New Ventures Competition, which kicks off this week. Now in its 13th year, the competition has welcomed over 1,400 early-stage tech entrepreneurs since 2001, all with a dream to turn their concepts into reality. Ideas entered in the competition are then judged for their potential to become successful companies. Read more
It may have been the prize money that attracted more than 1,400 new ventures to participate in the BCIC-New Ventures Competition since its inception in 2001, but according to a newly released economic impact study undertaken by a team of researchers at SFU’s Beedie School of Business, it’s the business tools, perfecting their business pitch, mentorship and the relationships imparted throughout the process that make this competition so valuable for BC entrepreneurs. Read more
The Province’s Sam Cooper highlighted the upcoming BCIC New Ventures Competition in today’s paper comparing the competition’s final jury to the panel of venture capitalists in CBC’s popular Dragons’ Den series.
Compared to Dragon’s Den’s glammed-up version of a high-pressure pitch to powerful venture capitalists, the BCIC contest judges are far more “nice and constructive,” BCIC program manager Angie Schick said with a laugh, in an interview.
The ten finalist companies have completed three jury rounds, attended education seminars, and met with business mentors to reach this point. All companies will now pitch in-person to a private jury. The jury will choose the winning companies, which will be announced at the 12th annual BCIC-New Ventures Competition Awards Ceremony on September 26th.
Six months of competition came to an end last night as the winners of the 11th annual BCIC-New Ventures Competition were announced in Vancouver. From this year’s 178 applicants, top prizes were awarded to a polyurethane waste recycling system, a universal consumer loyalty network for the mobile age and a mineral sensing technology developed for the mining industry.
The 2011 BCIC-New Ventures Competition Winners are:
$130,000 BCIC first-prize – Polymer Research Technologies
Tonight was the BCIC-New Ventures Competition 11th Annual Awards Ceremony at SFU’s Segal Graduate School of Business. After six arduous months and the survival of numerous tough rounds of competition, success is finally came to fruition for a select few BC companies. Over $350,000 in prizes were awarded.
Polymer Research Technologies Ltd. wins the 2011 BCIC-New Ventures Competition ($130,000 value including $110,000 cash and $20,000 worth of in-kind services from sponsors). RewardLoop wins second place ($70,000 value including $57,000 cash and $13,000 worth of in-kind services from sponsors). MineSense Technologies Ltd. wins third place ($40,000 value including $33,000 cash and $7,000 worth of in-kind services from sponsors).