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

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, 2020

Pitch Day

25 companies pitch to get into round 3.

Round 3 deadline

July 29, 2020

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