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Tech, Venture, News

This BC tech startup competition offers $250k in prizes

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DH Vancouver Staff Mar 05, 2019 10:36 am 452

Applications are now open for BC’s largest and longest-running tech competition.

The New Ventures BC Competition, presented by Innovate BC, has created the foundation for some of the province’s most promising tech ventures including Aspect Biosystems, Saltworks Technologies, Jane Software and Ecoation.

150 new BC tech startups will go through a six-month startup boot camp. The competition offers a chance to become one of the province’s most innovative startups and take home a piece of $250,000 in cash and prizes.

“The New Ventures BC Competition is recognized as a training ground for tech startups that are serious about getting their business ideas in front of experts,” said Angie Schick, Executive Director of New Ventures BC.

“The community the competition connects you to is invaluable. It provides the opportunity to interact with people who are truly interested in your business means you might meet your next sales hire, your next product expert or your next investor.”

Since 2001, the New Ventures BC Competition has helped BC companies raise over $300M in financing, generate $200M in revenues, and create nearly 4,000 jobs.

Prizes for the 2019 New Ventures BC Competition include:

  • $105,000 Innovate BC first-prize package:
  • $60,000 Innovate BC second-prize package:$35,000 Innovate BC third-prize package:
  • $20,000 BC Resource Industry Prize Package
  • $17,000 Vancity Social Venture Prize Package
  • $10,000 Innovate BC Top Regional Start-up Prize:
  • $6,000 BC Tech Association Growth Programs Prize Package

Interested BC teams or businesses are invited to attend a free seminar on March 27 and a networking event on April 3 to learn more about the competition. Competition applications now open online. The deadline for the New Ventures BC Competition is on April 10, 2019, at 11 pm PST.

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