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.
With 2008 Top 10 competitor Vineyard Networks being acquired for $28 million last week, all eyes will be on this year’s crop of competitors.
We may even see a couple of them make their way into the Dragons’ Den.
2013 competition details will be released later this month with registration opening in March.
In the meantime, CBC Dragons’ Den producers will be in BC later this month with their open audition tour.
The BCIC-New Ventures Competition started with 146 companies and today have narrowed the field to ten finalist start-up technology companies that will pitch for $235,000 in cash and prizes.
This year’s top ten includes companies from Metro Vancouver and Vancouver Island featuring new technologies in the IT, life sciences, and cleantech sectors.
The 2012 BCIC-New Ventures Competition Top Ten Finalists are: (in alphabetical order)
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
$40,000 BC Hydro Sustainability prize – Awesense Wireless Inc.
$20,000 B.C. Bioenergy Network prize – Diacarbon Energy Inc.
$15,000 Vancity Social Venture prize – FundRazr
$30,000 Shildroth Agritech Innovation first prize – GreenScene AgriTek Inc.
$20,000 Shildroth Agritech Innovation second prize winners – Diacarbon Energy Inc and KOK Technologies (Due to a tie, each company will receive $10,000 each)
Congrats to all the finalists and winners. For those of you that missed last night’s Awards Ceremony, check out Giant Ant Media’s video montage on the finalists.
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).
Awesense Wireless Inc. wins the $40,000 BC Hydro Sustainability prize, Diacarbon Energy Inc. wins the $20,000 BC Bioenergy prize, FundRazr wins the Vancity Social Venture $15,000 prize, and RewardLoop wins the Plug-n-Play Tech Centre $10,000 prize.
GreenScene AgriTek Inc. wins the first-place $30,000 Shildroth Agritech Innovation prize. Two companies tied for second place of the $20,000 Shildroth Agritech Innovation prize, splitting it. Diacarbon Energy Inc. and KOK Technologies each win $10,000.
The BCIC-New Ventures judges have made it official and today announced the 10 Finalists for the the 2011 competition as well as the Top 5 for the Agritech competition.
In alphabetical order by company name the Top 10 BCIC-New Ventures companies are:
Join the New Ventures BC Society for our 11th annual awards ceremony on Thursday, September 22nd at 5:30pm. We will be celebrating our 2011 finalists and handing out nine prizes valued at $365,000.