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Teams of graduate students participate. Sixteen teams compete in the six-round business competition during which teams present their business ideas, give a 60 second elevator pitch, create and staff a trade show booth, and receive extensive feedback from a team of judges. Judges are a mix of business
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In 2013, NVC unexpectedly had two first place winners. AGcerez from
Thailand’s Sasin Graduate Institute of Business Administration and Awair from Stanford University were named 2013 NVC co-champions. AGcerez introduced a fruit syrup with helpful bacteria to aid digestion and Awair presented Wyshbone,
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to present and defend business plans to a panel of judges for the chance to win the grand prize of $ 25,000. All NVC competitors receive invaluable advice from world class judges and will receive various cash prizes to help them turn their plans into a successful business.
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In 2008, over 70 teams submitted entries to compete for more than $ 70,000 in prizes and for a place in both the 2008 Global Moot Corp. and the 2009 NVC Competition. Only the top 20 teams of about 60 applicants are selected to present in
Portland each year.
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In April 2007, Columbia
Sportswear CEO Tim Boyle and his wife, Mary, donated a total of $ 5 million to the University of Oregon. $ 3.5 million went to the New Venture Championship.
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The first ever NVC was held in 1992. Only three teams competed and it was held in a university classroom at the
University of Oregon campus. The grand prize was $ 300.
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Sponsors for NVC have changed and the number increased during the years of the competition. The 2014 sponsors included
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Please help update this article to reflect recent events or newly available information.
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a device that delivers local anesthetic to patients' throats using breathing tubes.
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Other past winners include KT Tape, Klymit
Backpacking Gear and Split Engineering.
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