Why enter the New Ventures BC Competition?

Mentors and jurors

$250,000 in cash and prizes

Each year, we give away prize packages to our top three finalists, plus sector-specific industry prizes. They’re all announced and awarded live at the Awards Ceremony.

See past winners

$115,000

Innovate BC first-prize package

$65,000

Innovate BC second-prize package

$35,000

Innovate BC third-prize package

$20,000

Innovate BC Top Regional Start-up prize

  • $20,000 cash from Innovate BC, awarded to the top placing venture located outside of Metro Vancouver.

$10,000

Innovate BC People's Choice Award

  • $10,000 cash from Innovate BC, awarded to venture who receives the most amount of votes.
  • People’s Choice Award voting will open in September 2020.

$7,000

Rogers Communications in-kind Prize Package

  • 1 year worth of Rogers Virtual Private Cloud solution services. Can be used against Compute, Storage, Network
  • 5 Unison Mobile or Softphone licences for 12 months
  • Up to 4 hours of mentorship in up to 2 specialised areas (Business Planning, Marketing, Product, or other as requested) with Rogers Communications executives and/or subject matter leaders

$8000 in-kind

Top 10 Perks

Advance to the top 10 and unlock:

  • 50% discount on Spring‘s Investor Readiness Program.
  • Complimentary attendance to one VANTEC workshop in 2020/2021.
  • The chance to win a complimentary ticket to ACETECH’s  2021 Whistler

Eligibility

  • BC residents, teams or businesses
  • Innovative technology product or services
  • Any type of tech
  • Raised less than $1,000,000 of non-grant funding from any source
  • Less than 5 years old
  • Incorporation not required
  • Pay $200 entry fee

Check the Rules

Competition Timeline

2021 Competition dates will be announced in Spring 2021. The dates below will be adjusted for the 2021 Competition.

Have what it takes to compete for over $250,000 in cash and prizes? 6 months, 4 rounds of competition. 200+ competitors, 1 grand prize winner.

 

Round 1 deadline

April 10, 10 pm

The Idea

Submit your registration and describe your business idea. All eligible participants move on to Round 2.

Round 2 deadline

May 6, 7pm

Feasibility Test

Submit a 5-page response to questions about your business idea.

- 25 companies move on to Round 3
- 15 additional companies will pitch their way into Round 3.

Round 2.5

June 23

Pitch Day

25 companies pitch to get into round 3.

Round 3 deadline

July 29

Condensed Venture Plan

Companies will be paired with a mentor team to expand their idea into an 8 page condensed venture plan.

Round 4 pitches

Sep 17 & 18

Top 10 pitches finale

Top 10 finalists make an in-person pitch to the jury for a chance to win $250,000 in cash in prizes.

Winners revealed

October 1

Winners announced at Awards Ceremony