Since its inception in 1999, the New Venture Competition (NVC) has continued to grow in popularity and quality, and has become an important and transformational educational experience at UC Santa Barbara. NVC is unique relative to many university business competitions in that it is open to students of all majors and levels at UCSB, and it requires participants to complete a rigorous eight-month program to develop, refine, and validate their businesses. The entire process involves a variety of preparation courses, workshops, and seminars led by an outstanding and committed group of faculty and industry mentors.
Watch! 23rd Annual New Venture Competition Finals
Recorded on Thursday, May 19, 2022 at 3 pm, Corwin Pavilion
Thank you to our Sponsors!
Watch the 2021 New Venture Competition Finals Replay
Miss or want to replay the 2021 New Venture Competition? You can stream the video on demand. Click on video chapters to jump to the portion you wish to view.
Chapter 1: Introduction from New Venture Program Director, Dave Adornetto; Chapter 2: Team Solaris; Chapter 3: Team Aquipur; Chapter 4: Team Eel Armor; Chapter 6: Team Ultim; Chapter 7: Team Scopen; Chapter 8: Team Tesserol; Chapter 10: "Best of" High School; Chapter 11: Awards
NVC: Hands-on Learning & Mentorship
Through hands-on instruction and industry mentorship, students learn to create and launch a startup business and compete in the annual New Venture Competition (NVC), UCSB’s flagship entrepreneurial experience. Working in multi-disciplinary teams under the guidance of faculty and mentors, students learn about and practice business model development, customer discovery, market validation, go-to-market strategies, as well as how to develop and deliver an investor pitch. Students also gain an understanding of new venture financing alternatives, legal and intellectual property matters, and methods for effective financial forecasting.