Boston University $50K New Venture Competition 2011


Competition Organizer

Boston University School of Management Institute for Technology Entrepreneurship & Commercialization

Submission Date


Business Plan Submission Date


Awards Date


Total Prize Cash (US Dollars)


Competition Category
  • Graduate - Local U.S.
  • Undergraduate - Local U.S.
Who's Eligible

The 2011 $50K New Venture Competition is open to all current full and part-time Boston University students, both graduate and undergraduate, as well as all alumni from any school at Boston University who have graduated within the past 10 years.

Important Dates

Applications and executive summaries are due on December 13, 2011. Finalists will be announced on February 6, 2011, and will be required to submit a final business plan by March 14, 2011. Finalists will present their plans at the final competition on April 6, 2011.

Competition Prizes

Cash prizes for the $50K New Venture Competition include:

1st place: $7,500

2nd place: $4,000

3rd place: $1,000

$10,000 worth of in-kind support prizes will also be awarded.

Other Info

The annual ITEC $50K New Venture Competition, formerly known as the $50K Business Plan Competition, provides BU students and recent alumni with the opportunity to develop and test their business ideas by submitting executive summaries for review.