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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.

The winners are announced!

Congratulations to all who participated in the New Venture Competition this year! Great job to all of the teams for their dedication, passion, and hard work throughout the competition
1st Place: MoreSolar
2nd Place: Adomi
3rd Place: SNIP
Honorable Mentions
Okra Systems
People's Choice Awards
Gerngross Impact Award
Read more about the teams.

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!