(PRWEB) March 18, 2015
FOR IMMEDIATE RELEASE
Christina E. Thirkell, Executive Director
Harvard Business School Association of Boston
617-515-3241 | email@example.com
NEW VENTURE PROGRAM COMPETITION: FINAL FOUR TEAMS COMPETE FOR 10K CASH PRIZE
Presented by Harvard Business School Association of Boston
March 18, 2015, BOSTON, MA… Harvard Business School Association of Boston (HBSAB) will hold its 2015 New Venture Program Final Four competition at IBM’s Innovation Center in Cambridge, MA., Thursday, March 19, 2015 at 5:30p.m.
With over 100 registered attendees and several local journalists, the Final Four venture teams in the HBSAB New Venture Program (NVP) will present to a panel of 12 expert judges. HBSAB will award the winner of this competition a $10,000.00 cash prize and the winner and will advance to the HBS Worldwide New Venture Competition (NVC) to be held this April.
HBSAB Board Members and Co-Chairs of this year’s NVP event Chris Hobson and Stephen Pittman are thrilled at the level of competition this year. “These entrepreneurs have put forth some innovative business ideas along with stellar teams.” said Stephen Pittman.
The Final Four Teams include:
-Jess, Meet Ken is an online dating platform for women to recommend guys who may not be right for them, but could be GREAT for someone else. Men can only be on Jess, Meet Ken if a woman creates & posts a profile for him. Women connect with each other to be introduced to recommended guys.
-LuminOva is developing a diagnostic of egg and embryo quality to meet the two major unmet needs of the in vitro fertilization clinic: low success rates of only 30% a cycle, and a lack of accurate information to provide patients on their personal chances of having a baby. LuminOva aims to increase IVF success rates and provide objective information on likelihood of success so that patients and clinicians can make informed decisions.
-Nix, Inc. is developing a liquid biosensor platform for non-invasive, patient- or consumer-facing, wearable diagnostics. The initial product is a hydration biosensor that empowers athletes to manage their hydration status in the field in real-time, optimizing their performance.
-Water Hero, Inc. Water Hero® is an affordable, smartphone-controlled product that protects your home from catastrophic burst pipes, with bonus water usage data to help detect costly leaks and conserve water.
“We are thrilled to hold the 8th consecutive New Venture Program and are looking forward to hosting the Final Four team competition for the first time at IBM’s Innovation Center in Cambridge,” said Christian MacKenzie, President of HBSAB.
The venture teams will include at least one HBS alumni on its core team and will be evaluated on critical issues such as:
-Defining the addressable target market
-Identifying the problem while defining and developing their solution
-Building a strong team and a defensible strategy
-Demonstrating traction in the market
-Defining a clear revenue model & financial projections
For more information on The New Venture Program Final Four Event contact Sally Millwood at firstname.lastname@example.org.
For more event details, a full list of event judges and registration visit: http://www.hbsab.org/article.html?aid=947
About Harvard Business School Association of Boston
The Harvard Business School Association of Boston (HBSAB) is a membership, non-profit organization that promotes learning, professional networking, business growth, and fosters goodwill and community service. HBSAB strives to create an inclusive environment based on integrity and excellence that advances Harvard Business School’s goal to develop leaders who make a difference in the world. For more information visit: http://www.hbsab.org.