2018 HBS New Venture Competition Student Social Enterprise Track
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1 2018 HBS New Venture Cmpetitin Student Scial Enterprise Track Details fr Participating Teams KEY DATES See details fr each n fllwing pages Date January 31, :00 nn February 21, :00 nn March 5, 2018 March 20, :00 nn March 26, :00 am March 29, :00 nn 4:30 pm April 9, :00 nn April 11, :00 am April 17, :00 am April 18, :00 nn 4:30 pm April 18, :30 pm 6:00 pm Submissin/Event Entry Frm due t be eligible fr expense reimbursement (Teams may enter the cmpetitin up until the February 21 deadline) Final entry deadline and Executive Summaries due Executive Summary feedback and annuncement f semi-finalist teams Revised Executive Summaries due fr all semi-finalist teams PPTs due fr all semi-finalist teams Semi-final rund f Judging fr Scial Enterprise Track Reimbursement paperwrk due (fr teams that entered by the January 31 deadline) Revised Executive Summaries due fr finalists Revised PPTs due fr finalists Scial Enterprise Track Cmpetitin Finals New Venture Cmpetitin Awards Ceremny fr Scial Enterprise and Business Tracks These deadlines t participate in the Cmpetitin are firm and nn-negtiable in fairness t all participants. HBS SOCIAL ENTERPRISE INITIATIVE Fllw us n Twitter: HBSSEI
2 January 31, 2018, 12:00 nn ENTRY FORM DUE Deadline t cmplete Entry Infrmatin Frm in rder fr teams t be eligible fr expense reimbursement funding. (NOTE - we will accept entries frm teams until February 21, hwever teams that submit their entries after January 31 will nt be eligible fr expense reimbursement funding.) The infrmatin yu submit is reviewed by the New Venture Cmpetitin Review Cmmittee t determine eligibility. Please see website fr team eligibility criteria. Submissin prcess Visit the Cmpetitin website t create an accunt (website link t cme). Befre yu register with Reviewr, please read Reviewr s Terms and Cnditins and Privacy Plicy. When using this platfrm, yu are agreeing t Reviewr s Terms. D nt use yur HBS passwrd when creating yur accunt. Enter all required infrmatin (please nte that the Executive Summary prtin des nt need t be submitted until February 21, 12:00 nn) Team leaders wh submit entry frms by this deadline will receive an cnfirmatin by the mrning f February 2. If yu d nt receive an by then, please cntact the Scial Enterprise Initiative at se@hbs.edu r Nte n expense reimbursement funding HBS teams: Teams with an HBS MBA student may receive reimbursement, by submitting the New Venture Cmpetitin: Student Scial Enterprise Track Expense Frm by April 9 at 12:00 nn. Teams with an HBS MBA student enrlled in an Independent Prject fr credit may be eligible fr reimbursement f expenses thrugh the Scial Enterprise Independent Prject Grant Reimbursement Prgram. Teams may apply t bth prgrams, but can nly receive funding frm ne prgram. Nn-HBS teams: Teams wh d nt include an HBS MBA student shuld cntact their individual schls t explre reimbursement pprtunities. This Reimbursement is available nly t students wh fficially entered the cmpetitin by the January 31, 2018 deadline. All expenses must be incurred prir t yur initial business plan submissin n March 20, 2018.
3 February 21, 12:00 nn FINAL ENTRY DEADLINE AND EXECUTIVE SUMMARY DUE By cmpleting the nline entry fr the final entry deadline, teams are making a cmmitment t cntinue participatin in the Cmpetitin. This cmmitment is taken seriusly by cmpetitin rganizers; withdrawing frm this cmmitment pses an unfair situatin fr ther teams and impacts the Cmpetitin s ability t recruit practitiner judges n an nging basis. If yu have any cncerns abut yur ability t keep this cmmitment, please cntact the Scial Enterprise Initiative ( ) s we can discuss the situatin with yu. EXECUTIVE SUMMARY: This dcument will be sent t preliminary rund judges fr review and evaluatin, t determine semifinalist teams. The executive summary must nt exceed three pages (including text, graphs, and appendices). If yur executive summary is ver three pages, judges will be instructed t nly read and evaluate the first three pages. D nt use an additinal cver page. At the tp f the first page, include team name, members, and cntact (s). Refer t Judging Criteria as yu create yur executive summary. In the summary, include brief verviews f the key elements f yur idea. Elements t include: The prblem; pprtunity; and yur slutin Cmpetitive landscape Leadership: team and advisrs Measurement and evaluatin Revenue mdel (initial and lng-term financial infrmatin, including revenue streams, types f csts, and ptential funding mdels) Submissin prcess Executive Summary: submit as PDF; label dcument with abbreviated versin f team name and exec (ABCexec.pdf) Uplad dcument t nline entry frm n Cmpetitin website, and cmplete remaining questins Please nte: Teams that have nt yet submitted the Entry frms must d s by this date.
4 March 5, 2018 EXECUTIVE SUMMARY FEEDBACK AND ANNOUNCEMENT OF SEMI-FINALIST TEAMS All executive summaries (received by February 21) will be reviewed by a cmmittee as a preliminary frm f judging fr teams t be invited t present in the semi-final rund f the Cmpetitin. Teams will be ntified n March 5 if they are mving t the semi-final rund f judging, and all teams will receive feedback. Details will be annunced as the cmpetitin prgresses. March 20, 2018, 12:00 nn; March 26, 2018, 9:00 am REVISED EXECUTIVE SUMMARY AND PPT SUBMISSION Fr semi-finalist teams: EXECUTIVE SUMMARY due by March 20 at 12:00 nn Teams have the pprtunity t re-submit their executive summaries by March 20 at 12:00 nn, incrprating feedback and changes based n the preliminary rund f judging. These executive summaries will be sent t the semi-final judges in advance fr review (a different set f judges than in the preliminary rund). Submissin prcess: Semi-finalists will be sent an s that yu can uplad the dcument t the nline entry frm n the Cmpetitin website. Yur executive summary can be updated until March 20, 12:00 nn. At this deadline, this is the versin that will be sent t judges. PPT SUBMISSION due by March 26 at 9:00 am The PwerPint presentatin is the presentatin yu will be using fr live presentatins t a panel f judges, and will nt be sent t them in advance. The presentatin must be in PwerPint frm. Submissin prcess: Semi-finalists will be sent an s that yu can uplad the dcument t the nline entry frm n the Cmpetitin website. Yur PPT presentatin can be updated until March 26, 9:00 a.m.
5 Thursday, March 29, 2018 SEMI-FINAL ROUND OF JUDGING FOR SOCIAL ENTERPRISE TRACK Thse teams selected by the Preliminary rund f judges in early March will present their plans befre the judges. SEMI-FINAL ROUND JUDGING OVERVIEW: Teams selected t prceed in the Preliminary Rund f Judging will be invited t make live presentatins t a panel f judges in an envirnment designed t simulate a pitch meeting with ptential investrs. Each panel will be cmprised f several judges and teams will be evaluated based n their business cncept and plan. Each team will spend time with a panel f judges, with the fllwing schedule: :00 t :10 10 minute team presentatin t judges :10 t :25 15 minutes Q&A fr judges t ask questins :25 t :30 5 minutes f instant feedback frm judges Fllwing the Semi-Final Rund f judging, Finalist teams will be selected t prceed t the final cmpetitin. Ntificatin f which teams were selected t advance t the Final Rund will be annunced t all Cmpetitin participants via as sn as they have been cmpiled. PRESENTATION FORMAT: While determining the frmat f the 10 minute presentatin is up t each individual team, each grup shuld develp materials with the bjective f cmmunicating their plan in a clear and cncise manner t present a cmpelling argument as t the unique merits f their prpsed venture. Nte that judges will receive yur executive summary in advance f the cmpetitin fr their review prir t yur presentatin. Yu may have ne r mre f the team members present, but yu shuld make yur chice abut hw t handle this based upn yur sense f hw t mst efficiently cmmunicate yur plan t the Judges. Because judges will be evaluating yur team s ability t wrk tgether and the grup s presentatin style with regards t sliciting investrs, teams shuld give careful cnsideratin t the quantity and rles f the selected presenters. Each f the rms used fr Judging will be equipped with basic cmputer functinality. It is the respnsibility f each Team t bring any additinal physical presentatin resurces that they may require t the presentatin as the New Venture Cmpetitin Organizing Cmmittee will nt be able t accmmdate special requests. Teams are als encuraged nt t rely n special cmputing needs r presentatins that are exclusively cmputer-generated (i.e., we wuld suggest that hard cpies f the presentatin shuld be prepared in additin t any cmputer-generated presentatins) since nly very limited technical assistance will be available during the Judging and each minute spent attempting t cnfigure technical resurces t functin in the classrm will be subtracted frm the team s 10 minute presentatin time. CONFIDENTIALITY: Teams are naturally cncerned abut the cnfidentiality f their ideas. We have asked the judges t treat yur plans with the same respect as thse they wuld encunter in the curse f their business. FEEDBACK: Each team that participates in the Semi-Final Rund judging will receive feedback n their executive summary and presentatin. Nt nly will teams receive 5 minutes f instant feedback frm judges immediately fllwing their presentatin but each team will receive a brief written cmpilatin f the judges cmmentary n their plan within ne week. While this cmmentary is nt meant t be prescriptive (i.e. dn t assume that if yu address the issues mentined in yur feedback frm that yur venture will receive funding), it will prvide teams with sme feedback s that they can refine their plan r presentatin style t increase their effectiveness in the pursuit f real-wrld pprtunities. Teams wh are selected as finalists will be given the pprtunity t revise their riginal executive summaries, incrprating feedback and changes, and re-submit t the Scial Enterprise Initiative.
6 April 9, 2018, 12:00 nn REIMBURSEMENT PAPERWORK DUE HBS teams: Teams with an HBS MBA student may receive reimbursement, by submitting the New Venture Cmpetitin: Student Scial Enterprise Track Expense Frm by April 9 at 12:00 nn. Teams with an HBS MBA student enrlled in an Independent Prject fr credit may be eligible fr reimbursement f expenses thrugh the Scial Enterprise Independent Prject Grant Reimbursement Prgram. Teams may apply t bth prgrams, but can nly receive funding frm ne prgram. Nn-HBS teams: Teams wh d nt include an HBS MBA student shuld cntact their individual schls t explre reimbursement pprtunities. This Reimbursement is available nly t students wh fficially entered the cmpetitin by the January 31, 2018 deadline. All expenses must be incurred prir t yur initial business plan submissin n March 20, April 11, 2018, 9:00 am; April 17, 2018, 9:00 am REVISED EXECUTIVE SUMMARIES and PPTs DUE FOR FINALISTS The fur finalist teams re-submit their executive summaries (by April 11) and PPT presentatins (by April 17) t the Scial Enterprise Initiative ( ed t se@hbs.edu). The teams have the pprtunity t revise these dcuments, incrprating feedback and changes based n the semi-final rund f judging. N revisins will be accepted after these deadlines. April 18, 2018 COMPETITION FINALS AND AWARDS CEREMONY Fur finalists, selected during the semi-final rund f judging, will make presentatins t a final judging panel f distinguished philanthrpists and venture capitalists. Details will be annunced t finalist teams as the cmpetitin prgresses.
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