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New Venture Competition

Since its beginning in 1999, the UCSB New Venture Competition (NVC) provides a unique opportunity for UCSB students to learn how to start a business. 

The NVC is an eight-month educational experience, with activities and curriculum spanning the entire academic year, 

  • In the Fall Quarter, students brainstorm business ideas, form teams and learn how to formulate and recognize a compelling value proposition.
  • In the Winter Quarter, participants are offered NVC preparation courses and a variety of topical seminars that provide a learning experience similar to that of a startup accelerator. 
  • The competition culminates with two Spring Quarter events: The New Venture Fair, where student teams present their businesses to the public in a tradeshow-style format, and the New Venture Finals, where the finalist teams present an investor pitch to a panel of judges for prize money.

Local business executives and entrepreneurs mentor the students throughout the NVC process and provide valuable contacts that enable the teams to validate their ideas and business models.

Winners of the 2017 New Venture Competition Finals

Congratulations to all winners of the 2017 New Venture Competition Finals! Great job to all of the contestants for their dedication, passion, and hard work throughout the competition. Read more about the team finalists.
Grand Prize ($10,000): CRYPTIX
2nd Place ($7,500): Delta Leaf Labs
3rd Place ($5,000): Wanderlease
 Elings CNSI Award ($5,000): Delta Leaf Labs
CNSI People’s Choice Award ($5,000): Collatera
Honorable Mention ($2,500): Collatera
Honorable Mention ($2,500): PhantaField
Honorable Mention ($2,500):  OrganicMatters

The New Venture Competition is made possible by a group of generous community sponsors who fund the cash prizes awarded at the Finals and help to cover the cost of the program. Thank you to our sponsors!