The Black New Venture Competition (BNVC) connects promising early-stage Black founders with resources to develop their ventures into dynamic powerhouses. The competition serves as a launching pad for innovative ventures by providing exposure to capital, mentors, and advisors. Previous winners have gone on to raise notable pre-seed and seed rounds and have been accepted into prestigious accelerators (Y Combinator, TechStars).
Founders will have the opportunity to pitch their ventures to a panel of esteemed judges and compete for a chance to win $275K of total prize money. There are two competition tracks: one for pre-revenue ventures and another for revenue-generating ventures.