The Nebraska Governor’s New Venture Competition is to provide a meaningful learning experience
This competition is for students attending a post-secondary educational institution in Nebraska who are interested in pursuing an entrepreneurial opportunity now or at some point in their careers.
The Competition is designed for contemplated and pre-seed businesses. However, applicants must designate how their business falls into one of the nine industry tracks:
Agtech
Fintech / Insurtech
Cleantech
Advanced Manufacturing
Biotech / Healthtech
Emerging Media Arts
Sportstech
General Tech
Bioeconomy
Prize Levels
3RD Place
2ND Place
1ST Place
3RD Place
2ND Place
1ST Place
Requirements for a Team
1.
Business proposal must be entered in ONE of the nine industry tracks previously listed.
2.
Students may only participate on one team, regardless of track.
3.
Participating teams must be comprised of more than one student.
4.
All student participants must be actively enrolled at a post-secondary educational institution in Nebraska at the time of submission. This includes community colleges, state colleges, and universities.
5.
Teams will submit proposals on Reviewr.
6.
The maximum limit for seed capital raised by a company at time of application is $1,000,000.
7.
The maximum limit in revenue previously generated by a company is $500,000.
Our Expectations
To submit an overview of your venture idea, please address the following questions in a PowerPoint format.
(Maximum of 20 slides)
Competition Values
Note that any submissions that are found to be in violation of these requirements will be disqualified from the Competition.
Timeline
Submissions Deadline
December 15, 2024
Semi-Finalists Chosen
December 20, 2024
Virtual Semi-Finalists
Semi-finalists will pitch a group of judges virtually in 15-minute increments in one day. Semi-finalist judges (6 individuals) will ask questions of the teams. The judges will then choose the 6–8 finalists to move to the final round.
Virtual Semi-Finals
January 6, 2025
Finals
11 Finalists will pitch to a group of six judges live from 1:00–5:00 PM during the Nebraska State Chamber’s Annual Meeting at the Cornhusker Hotel. Each team will have 20-minutes: 10-minute pitch and 10-minute Q&A. Expected duration is 4 hours. Winners will be announced during the Nebraska State Chamber Hall of Fame Banquet.
Finals at
Cornhusker Hotel
January 30, 2025
Governor Pillen will make the presentation to the winners.