SurgiBox Makes it to the HBS NVC competition global finals
Our CEO Mike and COO Macauley have reached the Harvard Business School Alumni New Venture Competition global finals after qualifying 2 rounds and winning the regional pitch competition. SurgiBox is part of the best 8 global ventures.
The New Venture Competition Alumni Track serves as a launch pad for innovative new ventures from HBS alumni, providing access and exposure to potential investors, mentors, and advisors. The annual event is sponsored by the Harvard Business School’s Rock Center for Entrepreneurship and Alumni Clubs & Associations. The competition is open to alumni with early-stage ventures, and winners receive an invitation to the Global Finals Round and NVC Finale.
The ventures are evaluated on the following criteria:
Problem & Solution: Define the problem, need or pain-point. What solution does your venture provide? How is your solution innovative? Technology, business model, IP etc. Describe your value proposition.
Target market: Identify and quantify (size & spend) your addressable market for your product and service. Highlight growth and trends.
Attractive business model: How do you plan to make money? Who pays you? What are your distribution channels? What is your gross margin?
Is your business model viable with the ability to efficiently scale, making it appealing to acquirers or position it for an IPO.Financing: How much money do you need and for what purpose?
Team: Can the founder, key team members, and advisors operate and scale a successful business. Highlight industry knowledge, skill-set, leadership, relationships, key successes & failures.