New Venture Competition

about

Since its inception in 1999, Technology Management's New Venture Competition (NVC) has continued to grow in popularity and quality and 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 encourages participants to complete a rigorous eight-month program to develop, refine, and validate their businesses. The entire process involves a variety of workshops, and seminars led by an outstanding and committed group of faculty and industry mentors.

2024 New Venture Winners are...

Click the image above to read more about the 1st Place winners.

1st Place- EyeClimate

2nd Place- Denovo Therapeutics

3rd Place- Sonico

Honorable Mention- Empro

Honorable Mention- SciRx

Honorable Mention- BioBlend

People's Choice Award- Empro

People's Choice Award- EyeClimate

Surf Dog Award- Clear Skies

Most Improved- Nolovo

Watch! 2023 Annual New Venture Competition Finals

Recorded on Thursday, May 25, 2023 at 3 p.m., Corwin Pavilion

Fenwick, CNSI, Yardi, Dow MI at UCSB, UC Santa Barbara Materials Research Lab (MRL), SoCal IP Law Group LLP, Entrada Ventures, Economics at UC Santa Barbara, Reicker Pfau, PayJunction, Cushman and Wakefield, Deloitte, UBS, Santa Barbara Angel Alliance, Bartlett Pringle and Wolf LLP, appfolio, gem goleta entrepreneurial magnet, LODO Studios

Program Updates

How do I stay informed about this year's New Venture Program?

To stay current on information and fall events, join the New Venture Competition project site by first logging into Canvas (using your UCSBNetID) and searching for the 2023-24 New Venture Program & Competition.

Fall 2023 New Venture Program Schedule of Events

Thursday, Oct. 12, 5:30pm: Information Session One*- ESB 1001 (students only)
Wednesday, Oct. 18, 5:30pm: Information Session Two*- ESB 1001 (students only)
Tuesday, Oct. 24, 12:00pm: Information Session Three*- ESB 1001 (students only)
Monday, Oct. 30, 6:00pm: Mixer One- ESB 1001 (students only)
Tuesday, Nov. 14, 6:00pm: Mixer Two- ESB 1001 (students only)
Monday, Nov. 20, 6:00pm: Market Validation Workshop- ESB 1001 (students only)
Tuesday, Nov. 28, 6:00pm: Elevator Pitch Night- Corwin Pavilion
*students need only attend one information session

Watch the 2022 Annual New Venture Competition Finals

Recorded on Thursday, May 19, 2022 at 3 p.m., Corwin Pavilion

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

faculty offering feedback on student business pitch

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.

student presenting business idea before judges and audience

NVC: Lifelong Skills and Connections

This transformative program introduces students to a large network of business professionals, and provides them an opportunity to compete for seed capital to launch their ventures. The New Venture Fair (NVC semi-finals) and NVC Finals have become significant events in the local entrepreneurship ecosystem. Technology Management students who elect not to launch a startup leave the program with business acumen and professional skills that are applicable to any career path, whether it be in an early startup, an established business enterprise, or a philanthropic not-for-profit.

2021

NVC News