High School New Venture Challenge

Join us and be inspired by the next generation of entrepreneurs as they pitch their ventures for a chance to win big!Ìý

The High School New Venture Challenge (HSNVC)—powered by FirstBank is an exciting spin-off of ÌÒÉ«ÊÓƵ’s nationally recognized New Venture Challenge, designed specifically for Colorado high school students in support of entrepreneurial learning. HSNVC is a great opportunity to network, learn and support statewide student teams as they compete for more than $25,000 in scholarship funding to apply towards future tuition at CU!

Mark your calendar to be part of HSNVC!

  • Date:ÌýSaturday, April 12
  • Time:Ìý1:30-3:30 p.m.
  • Location: Kittredge Central Multipurpose Room, ÌÒÉ«ÊÓƵ Campus
  • Address:Ìý 2480 Kittredge Loop Drive Boulder, CO 80310

What is HSNVC?

The High School New Venture Challenge (HSNVC) is a multi-round entrepreneurial competition for young innovators and problem-solvers. Hosted by the ÌÒÉ«ÊÓƵ Innovation & Entrepreneurship Initiative, the competition is open to high school students across Colorado in support of entrepreneurial learning, pathways to higher education, workforce readiness and life skills development.

Participation is free of charge and student teams have the opportunity to compete for more than $25,000 in scholarship funding to apply towards future tuition at CU!

With a particular focus on rural and underserved communities, HSNVC seeks to reduce socioeconomic barriers, increase accessibility, and provide both resources and inspiration for college and career readiness.ÌýÌý

HSNVC is designed to help the next generation of innovators to think creatively, identify opportunities, build confidence, and develop solutions to real-world challenges.

Educators/coaches can offer this opportunity in conjunction with existing curriculum (e.g. STEM, CTE, business, leadership, etc.), as a part of extracurricular activities (e.g. DECA, FBLA, JA, etc.), or engage independently without ties to a specific program.


The winning team performing in the 2024 High School New Venture Challenge

Who can participate?

  • Any Colorado high school student can compete in HSNVC.Ìý
  • All students must have a supporting teacher or community member to serve as a ‘Venture Coach’ and accompany them through the learning process.
  • Venture Coaches do not have to be affiliated with a school and can be any responsible adult leader such as a mentor, nonprofit affiliate, coach, counselor, afterschool program facilitator, youth club supervisor or counselor.

How does it work?

Educators or other adult leaders who are making this opportunity available to students must first register for HSNVC as a "Venture Coach."Ìý Venture Coaches will serve as the primary point of contact and guidance for student "Venture Teams."

Students form into Venture Teams (2-5 members) to identify a real-world problem and collaboratively develop a solution.ÌýVenture Teams will explore, refine and develop their ideas over the course of the school year.

HSNVC competition occurs in two rounds:

  • Preliminary Competition will be conducted virtually. Competition materials will be submitted online and reviewed by a panel of professionals and educators to determine which teams are invited to the championship.
  • HSNVC Championship will be held in-person at the ÌÒÉ«ÊÓƵ campus. Students will come to the CU campus for an exciting and fun-filled day that includes presenting to spectators and a live panel of judges.Ìý
HSNVC FirstBank acknowledgement image

Questions?

Leah Jean Shafer
Ìý
Please contact:Ìý

Leah Shafer
leah.shafer@colorado.edu
(303) 735-1251

Join Us!

Teachers and Community Leaders:

All Students:

Student CEOs (on behalf of your team):

Additional Resources

Learn More about HSNVC

Important Dates and Deadlines
  • Aug. 1 to Jan. 31 -
  • Feb 14 –Ìý
  • Aug. 1 to March 18 – Entrepreneurial Learning Period
  • March 18Ìý–
  • March 19-April 1 – Round 1 Competition Virtual Judging
  • April 1 – Finalists Announced
  • April 12ÌýÌý– Final Competition in-person at ÌÒÉ«ÊÓƵ
Does it cost money to participate?

There is no feeÌýto participate in HSNVC.

Where are the HSNVC competitions held?

The first round of competition will be offered online. The final competition will be held in person at the ÌÒÉ«ÊÓƵ campus.

Do I have to be in Colorado to compete in HSNVC?

Yes. To participate in HSNVC, your team must be enrolled in high school or homeschooled in Colorado.

Does the scholarship money have to be applied toward tuition at ÌÒÉ«ÊÓƵ?

Yes. The scholarships are valid for ÌÒÉ«ÊÓƵ tuition only.

Is there a specific curriculum we need to follow?

No, students may proceed through the learning process at a pace/sequence that best works for them. Just be sure to follow the provided rubric as a guideline and submit the requested materials online and on time!

Is there curriculum support available if I need it?

Yes, Please contact: leah.shafer@colorado.edu for more information.

Venture Coaches and Venture Teams are welcome to navigate through the learning process in a manner that best fits their needs, backgrounds, resources and goals. During the months leading up to the competition, we generally recommend that coaches and teams engage in the following:

Stage 1: Exploration & Problem Identification

  • Students begin by thinking creatively to identify problems and potential solutions.

Stage 2: Creation & Solution Development

  • Students form into team of 2-5 individuals, start working on their solution, and formulate a Minimum Viable Product (MVP).

Stage 3:Ìý Customer Discovery & Validation

  • Students engage in widespread customer discovery to validate and refine their ideas.

Stage 4:Ìý Product & Pitch Development

  • Students turn their MVP into a real product or service and start building their pitch.

Stage 5:Ìý Venture Registration & Deliverables Preparation

  • Students create and refine their pitch and gear up for competition.

Coaches and teams will receive competition rubric in advance to use as a guide. Judges use this same rubric to nominate top teams and award prizes, so it is important to follow it closely.

Teams submit the following materials online (detailed instructions will be provided):

  • Venture Profile
  • Executive Summary (2 pages)
  • Pitch Video (4-minute length)Ìý

Thanks for supporting the next generation of innovators!

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FirstBank logo

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From our Partner:

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Additional Opportunities

Explore these additional opportunities to gain entrepreneurial experience:

Concurrent enrollment available in partnership with Regis University: contact Dr. Ken Sagendorf ksagendorf@regis.eduÌý