New Ventures BC Competition - April 19, 2010 Deadline - $300,000 In Prizes - Webnames Blog

New Ventures BC Competition – April 19, 2010 Deadline – $300,000 In Prizes

Webnames.ca wants you to know about an incredible opportunity that we are proud to sponsor: The New Ventures BC Competition.

nvbc.pngNew Ventures BC is one of North America’s largest technology business-idea competitions.

The five-month, four-round competition includes a unique mix of business education, networking and mentoring.

It’s like a boot camp for business start-ups. Participants will:

  • Learn from some of B.C’s best business experts at our business-education seminars
  • Network with top professionals in business, law, finance, government and academia
  • Improve their business and strategies during each round of competition
  • Receive advice and insight from mentors In Round 3
  • Present condensed business plan to a panel of ‘angel’ investors, venture capitalists and industry experts in Round 4 

The 10th annual New Ventures BC (NVBC) competition deadline is April 19 and offers B.C. technology entrepreneurs and inventors a chance to win $300,000 in prize packages.

“Our goal is to help very early-stage entrepreneurs to acquire the business skills they need to get their technology to market,” says Bob de Wit, executive director for NVBC. “And we’re succeeding. To date, 33 previous competition winners have raised more than $67 million to finance their business ideas.”

The competition is open to any B.C. resident, team or business with an innovative technology product or service that has not yet secured material financing.

Previous competition winners include 2001 winner AirG, now the world’s largest inter-operator mobile community with 40 million unique users worldwide, and 2008 winner Saltworks Technology, which has raised more than $1 million and is now selling its innovative, energy-efficient water desalination technology around the world.

Prizes to be awarded September 23 include:

    * $120,000 BC Innovation Council first-prize package
    * $63,000 BC Innovation Council second-prize package
    * $37,000 BC Innovation Council third-prize package
    * $40,000 BC Hydro Sustainability prize
    * $20,000 BC Bioenergy Network prize
    * $20,000 BC Innovation Council Economic Impact prize

Competitors can also participate in nine business-education seminars, which start April 6, ahead of the April 19 competition entry deadline.

For more information and to REGISTER, visit www.newventuresbc.com

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