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harvard business school
Harvard Business School recently hosted the 27th annual HBS New Venture Competition (NVC), where 12 student finalist teams competed for a total of $225,000 in prizes.
The NVC was open to students and alumni and had 262 participating teams across a variety of disciplines, including student business, student social work, and alumni. The top prize for the Student Business Track and Student Social Enterprise Track was $75,000 each, and the runner-up prize was $25,000. He has two audience awards of $5,000. He will receive $15,000 for the Tough Technology Award. This year’s competition was vetted by her more than 300 judges and mentors from a variety of fields, including venture capital, private equity, law, accounting, philanthropy, impact investing, and social entrepreneurship.
“The New Venture Competition provides a rigorous platform for students to develop their business ideas as positive forces for change,” said HBS, who recently joined the Locke Center for Entrepreneurship as its new director. says Elise Bates, Class of 2000. “This is not only a challenging competition, but also serves as a deep educational opportunity. Students work collaboratively with their peers and receive practical feedback from serial entrepreneurs and early-stage investors. All teams apply valuable lessons to new innovations that make a difference in the world.”
Student Business Track: AI-powered agriculture wins big
Crop Diagnostix took the top spot this year, winning the coveted $75,000 grand prize in the student business track. The technology company, comprised of Brandon Chi (HBS MBA 2024), Joseph Swift, Amitesh Pratap, and Leonie Luginbuehl, analyzes gene expression in plants to help farmers optimize inputs and maximize yields. doing.
The $25,000 runner-up award went to Sanso, a company that helps drug manufacturers more efficiently produce life-saving biologics to bring affordable medicines to patients around the world.
BEAM stood out as a crowd favorite in the Student Business Track, captivating the audience with its innovative approach to satellite data access and transfer.
Student Social Enterprise Track: Solar Irrigation Innovation
Solara was the centerpiece of the Student Social Enterprise Track and won the prestigious $75,000 grand prize. The venture, led by Rea Savla (HBS MBA 2024) and Vishes Mehta, will provide on-demand solar irrigation services to Indian farmers, increasing access to affordable, reliable and clean irrigation methods.
Trans Health HQ, led by Ivan Hsiao, MPH ’24, was recognized as a $25,000 runner-up. This platform addresses clinicians’ barriers to learning and advocacy within the transgender community and promotes inclusivity and support in healthcare.
A crowd favorite in the Student Social Enterprise Track was SeaCycle, led by Hande Ilhan and Jakob Spiess (HBS MBA 2025), which pioneered sustainable biopolymer production and made a positive impact on the environment.
Alumni Track: New Perspectives on Child Nutrition
Elisa was the top winner in the Alumni Track, taking first place and winning over $100,000 in cash and in-kind prizes. Led by Rosarino Molina (HBS MBA 2022), Elisa aims to revolutionize child nutrition in Latin America by providing fresh, additive-free meals and addressing the region’s critical health challenges. I’m dedicated.
Harken Sweets, led by Katie Lefkowitz (HBS MBA 2016), took second place and won as the crowd favorite. Their adventures inspire joy, reimagine iconic treats, and infuse superfoods that nourish and satiate.
Source: Harvard Business School, Harvard Business School
Following page: April Checklist for Round 1 Applicants
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