Day #3 - Securing the Deal

Preview the competition:

Day #1
Day #2
Day #3

At the end of day three, there is only one New Venture Champion. Each final round team is pushed to perform at the highest level possible. The final round judges have the ultimate decision of selecting the winning team. The quality of these judges makes the New Venture Championship®(NVC) one of the most highly acclaimed business plan competitions in the world.

Meanwhile, the fifteen other teams not selected for the final round focus their attention on the OEN Lightning Round, where the quality of their teamwork and ability to adapt will be pushed to the limit. Without the use of props or visual aids, the teams make a "quick" interactive pitch to a new panel of judges. The panel identifies one strength and one deficiency within each plan, then challenges the teams to prepare an action-oriented plan to leverage the strength and fix the deficiency. The challenge? They must do it all in fifteen minutes.

After three days of hard work and intense competition, the NVC concludes with the Columbia Sportswear Awards Reception. The focus of this event is the crowning of the New Venture Champion and the awarding of over $70,000 in cash prizes. Though one team will walk away with the top prize of $25,000, all of the NVC participants left with something equal in value: the knowledge and inspiration needed to assume a position of leadership in the 21st century economy.