New Ventures BC

News about the New Ventures BC competition and seminar series

Competition Format & Timeline 2013

 Registration is now open for the 2013 BCIC-New Ventures Competition.

Registration Deadline is April 18, 2013, 11:59pm.

The BCIC-New Ventures Competition takes place over four successive, and increasingly complex, rounds. Competitors are eliminated after each round until only 10 remain in play to win $300,000 in prize packages.

Read the submission requirements for the complete list of questions you will have to answer for each round.

Round 1: The Idea

Participants register in the competition and describe their idea.
Registration Deadline is April 18, 2013, 11:59pm.

Round 2 announced by April 23rd, 2013.

Round 2 and 2.5: Feasibility Test

Participants submit a five-page response to specific questions about their business idea. Judges will choose the 15 best ideas to advance to Round 3. An additional 25 competitors will be paired with a mentor to prepare a presentation before the jury. Ten will be selected to move on to Round 3.
Round 2 deadline is May 9, 5:00pm, 2013.

Round 2.5 & top 15 in Round 3 announced by May 28, 2013

Round 2 eliminated companies – jury feedback pitches: June 13, 2013

Round 2.5 jury pitches: June 20th, 2013

The final Round 3 announcement will be made June 21, 2013

Round 3: Condensed Venture Plan

Participants are paired with a mentor who helps them expand their idea into a condensed business plan—an eight-page response to specific questions. Round 3 deadline is August 8, 5:00pm, 2013.

Ten competitors will advance to Round 4, to be announced by September 3, 2013.

Round 4: Finale

Ten finalists will make oral presentations to the jury on September 12th or 13th, 2013. Judges will then select winners for all the prize packages.

All winners are unveiled at the 13th Annual BCIC-New Venture Competition Awards Ceremony on September 25th.