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$275,000+ in cash and prizes to the best new startups in BC

Please join us at our upcoming events.

Upcoming events

Why enter the BCIC-New Ventures Competition?

Education

Education

Get the essentials. Learn entrepreneurial building blocks from top-notch speakers at complementary seminars and workshops.

Mentorship

Mentorship

Get advice. If you make it to the top 40, you'll get a mentorship team, plus pitch practice and feedback.

Networking

Networking

Get connected. Join up to three events with fellow startups, plus mentors and potential investors.

Feedback

Feedback

Know what you don't know. Provide your business plan + pitch for a jury of experts to receive constructive feedback.

Recognition

Recognition

Be noticed. Making it to the Top 25 means you're a venture to watch.

Prizes

Prizes

Did we say prizes? We're giving away over $275,000 in cash and in-kind services to take your startup to the next level.

Eligibility

  • BC residents, teams or businesses
  • Innovative technology product or services
  • Any type of tech
  • Raised less than $1,000,000 in financing
  • Less than 5 years old
  • Incorporation not required
  • Pay $200 entry fee

Not sure if you qualify? Check the rules or contact us.

6 months, 4 rounds of competition. 150 competitors, 1 grand prize winner.

Have what it takes to compete for over $275,000 in cash and prizes?

Submissions open March 13 → April 16, 2018

April 16, 2018

11 pm // Round 1 deadline

The Idea

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

May 7

6pm // Round 2 & 2.5 deadline

Feasibility Test

Submit a 6-page response to questions about your business idea.

  • 25 companies move on to Round 3
  • 15 additional companies will be paired with mentors and pitch their way into Round 3.

July 31

6pm // Round 3 deadline

Condensed Venture Plan

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

Sept. 6-7

Round 4

Top 10 pitches finale

Top 10 finalists make an in-person pitch to the jury.

Sept. 24

Winners announced at Awards Ceremony

Upcoming Competition Events

Check back for events to be posted in June!

June 27

2018, 5:30pm - 8pm

BCIC-New Ventures Competition: Meet Your Mentor Networking Event

@ Fasken Martineau 550 Burrard St 29th Floor Vancouver, BC V6C 0A3 Canada

Register

July 23

2018, 12pm - 4pm

9th Annual New Ventures BC Golf Tournament

@ Riverway Golf Course and Driving Range | 9001 Bill Fox Way | Burnaby, BC V5J 5J3 | Canada

Register

July 26

2018, 5pm - 7pm

Corporate Structure

@ Fasken Martineau 550 Burrard Street, 29th Floor

Register

Your mentors are your ticket to taking your business to the next level. Ask them to be as candid and honest as possible, that’s where you’ll find the gold. We can’t thank our mentors enough for all their amazing support and mentorship during and after the competition!

Change Heroes, 2015 Third Prize and Vancity Social Venture Prize

As a result of the placing in the competition, we’re received unsolicited offers of investment, we’ve had meetings with venture capitalists, and we’ve got meetings setup with big competitors who are interested in what we’re offering.

Jane Software, 2016 Second Prize

Winning the NVBC top prize brought us recognition, exposure and validation. The news releases have generated tremendous interest for our technology in North America, as well as globally. We have been fortunate to absorb major investors for our commercialization phase.

Polymer Research Technologies, 2011 First Prize

NVBC has provided an additional network to tap into and resulted in an introduction to the VANTEC angels. Excellent mentor panel feedback during the presentations. Provided tight timelines to apply the rigor needed to finalize the business plan.

Augurex Life Sciences Inc, 2007 First Prize

We are targeting a much larger market with a better business plan, and have closed $1m in seed funding. We’re creating more jobs, all as a result of participating in the competition.

Novarc Technologies, 2016 Finalist

See all past winners

$275,000 in cash and prizes

Resources, health sciences, social ventures, and more! Each year, we give away prize packages for our top three finalists, plus sector-specific industry prizes. They’re all announced and awarded live at the Awards Ceremony.

 

$110,000+

BCIC first-prize package

$60,000

BCIC second-prize package

$35,000

BCIC third-prize package

$20,000

BC Resource industry prize package

  • $20,000 cash from BCIC, awarded to the most promising venture working to commercialize a technology for application in Mining, Forestry, Agrifoods, Oceans, Oil and Gas, Energy, and/or Cleantech sectors.

$17,000

Vancity Social Venture prize package

  • $15,000 cash from Vancity, awarded to the top performing for-profit venture that has as part of its purpose a strong social or environmental mission and creates shared value to the local community and society at large in addition to economic profits.
  • 6-month membership to Spring‘s Leader Roundtable, at a Premium Level membership ($2100 value)

$10,000

BCIC Top Regional Start-up prize

  • $10,000 cash from BCIC, awarded to the top placing venture located outside of Metro Vancouver.

$15,000

CDRD Life Sciences prize

  • $5,000 in cash, plus $10,000 of business consulting services from CDRD’s commercialization division.
  • Awarded to the top-placing life science company.

$6,000

BC Tech Association Growth Programs Prize Package

  • Free access to all BC Tech events, including the TIAs, for one year to the winning CEO
  • $4,000 credit towards Venture Programs

For more info on prizes, including sector-specific prize eligibility, see Rules and Terms of Use.

Join our corporate structure workshop with Fasken | July 26

Close

$275,000+ in cash and prizes to the best new startups in BC

Please join us at our upcoming events.

Upcoming events