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NVC FINAL KICKOFF
04/12/2023 MILLER NEW VENTURE CHALLENGE 3
WHERE ARE WE?
WE ARE HERE
IDEA
MODEL
EXECUTE
LAUNCH
Big Idea Competition
Oct 5
Business Model Competition
Jan 25
NVC ShowcaseOct 5
NVC FinalApr 5
04/12/2023 MILLER NEW VENTURE CHALLENGE 4
BIG IDEA COMPETITION
pain
04/12/2023 MILLER NEW VENTURE CHALLENGE 5
BIG IDEA COMPETITION
pain
04/12/2023 MILLER NEW VENTURE CHALLENGE 6
BUSINESS MODEL COMPETITION
process
04/12/2023 MILLER NEW VENTURE CHALLENGE 7
BUSINESS MODEL COMPETITION
process
04/12/2023 MILLER NEW VENTURE CHALLENGE 8
NEW VENTURE CHALLENGE FINAL
proof
04/12/2023 MILLER NEW VENTURE CHALLENGE 9
CAN YOU APPLY?
What if I didn’t apply to the Big Idea or BMC?
What are the eligibility guidelines?
What if the name of my business isn’t Owlet Baby Monitors and/or my business doesn’t save babies’ lives?
Read more at millernvc.com > resources Questions? millernvc@byu.edu
04/12/2023 MILLER NEW VENTURE CHALLENGE 10
WHY SHOULD YOU APPLY?
2012
Total cash prizes: $65,0001st: $30,000 (+ $20k in-kind)2nd: $20,000 (+ $10k in-kind)3rd: $10,000 (+ $10k in-kind)4th-8th: $1000 ea
Total cash prizes: $135,0001st:$15,000 T-1st: $15,000 T-1st: $15,000 T-1st: $15,000 T-1st: $15,000 T-1st: $15,000 T-1st: $15,000 T-1st: $15,000
Founder Choice: $5000Investor Choice: $5000 Crowd Choice: $5000
2013
Stage 1: Idea Formulation
(Sep 1 – Oct 15)
Execute Idea
ScalingPlan
Model
Stage
2: Busin
ess Model
Development &
Validati
on
(Oct
15 – Feb 15)
Stage 3: Scaling Plan,
Miller New Venture Challenge
(Feb 15 – April 1)
Academic Year Execution Model
Stag
e 4:
Sum
mer
Skill
s Acc
eler
ator
(May
15
– Au
g 15
)
Investor Day
Oct 1 Investor Day
Oct 1
04/12/2023 MILLER NEW VENTURE CHALLENGE 12
WHY SHOULD YOU APPLY?Utah Investors Judges
Kickstart Seed Fund
Peterson Ventures
Pelion Venture Partners
Rock and Hammer Ventures
REES Capital
Allegis Capital
Sorenson Capital
Epic Ventures
…plus Leucadia, Portfolio Advisors, more
Gavin Christensen
Dan Peterson, Ben Capell
Carl Ledbetter, Chad Packer
Chris Russell
Amy Rees Anderson
Spencer Tall, Pete Bodine
Tim Layton
Chris Stone
…plus David Smith, Brian Murphy, more
04/12/2023 MILLER NEW VENTURE CHALLENGE 13
ANDY FLAMM
04/12/2023 MILLER NEW VENTURE CHALLENGE 14
KEY DATES
Feb 6 (next Wed): Workshop
Feb 23: Deadline to enter
Feb 25-28: Prelim judging
Mar 1: Final judging (VC panel), 8 winners announced
Mar 5-Mar 22: Mentoring/Due Diligence period
Apr 2: Pitch to VC panel, Investor Choice
Apr 5: Final event, Founder Choice and Crowd Choice
04/12/2023 MILLER NEW VENTURE CHALLENGE 15
WHERE DO I GO FROM HERE?
1) Sign up for newsletter at millernvc.com or text your email to 22333
2) Go to getmentoring.com to sign up for mentoring
3) Come to workshop next Wednesday, Feb 5 at 5pm in WSC 3228
4) Coming soon: Cougar co-founder portal
04/12/2023 MILLER NEW VENTURE CHALLENGE 17
EXTERNAL COMPETITIONS
Visit millernvc.com > calendar > external comp
Email us at millernvc@byu.edu
525630me@email.com
Must be present to win. You can only enter once.
GIVEAWAYS
To enter the drawing, text:
525630+ Your email
to
22333
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