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FACT SHEET: New Venture Championship
- Program
- The annual New Venture Championship (NVC) is an M.B.A. international business plan competition in which teams of students from universities around the world develop viable, fundable venture plans and present them to judges in formal presentations, trade show displays and condensed pitches. The NVC is presented by the Lundquist Center for Entrepreneurship in the University of Oregon's Charles H. Lundquist College of Business.
- When, Where
- The competition is held each April in Portland. This year's event is April 12-14 in the Embassy Suites Hotel, 319 S.W. Pine St. in downtown Portland.
- History
- The 2007 competition is the 16th New Venture Championship event. The first was held on the University of Oregon campus in 1992. Three teams competed for $300 in cash prizes. The contest is now regarded as one of the top three in the nation.
- Prizes
- Cash prizes now total $70,000; first prize is $25,000.
- 2006 Winner
- Mahidol University, Thailand, for "Aqua Siam," a revolutionary water treatment process that dramatically reduces pollution in industrial applications.
- 2007 Teams
- Boise State University, Chulalongkorn University (Thailand), Hong Kong University of Science & Technology, Mahidol University (Thailand), Pennsylvania State University, San Diego State University, Thammasat University (Thailand), University of Arizona, University of California at Berkeley, University of Georgia, University of Illinois at Chicago, University of Louisville, University of Manitoba, University of Michigan, University of New Mexico, University of Oregon, University of San Francisco, University of Texas at Austin, University of Texas at Dallas, and Vanderbilt University.
- Sponsors
- Platinum: Columbia Sportswear Company, Tektronix, Aequitas Capital Management, Intel CapitalGold: Acquisitions Northwest, Blue Star Gas, Invasive Plant Control, Oregon Community Credit Union, Palo Alto Software, David Myers, Randall Trust, Hartmann & Forbes and Oregon Entrepreneurs Network.Silver: OVP Venture Partners, Steve Christian
- Who to Contact
- Randy SwangardLundquist Center for EntrepreneurshipLundquist College of BusinessUniversity of Oregon(541) 346-3312