April 18 is Deadline for New Venture Challenge Submissions

The deadline is April 18 for college and high school students from throughout Santa Barbara County to submit entries to the ninth annual New Venture Challenge business plan and pitch competition hosted by the Scheinfeld Center for Entrepreneurship & Innovation at Santa Barbara City College.

“The Scheinfeld New Venture Challenge gives our next generation of innovators an opportunity to showcase their business concepts to the community,” said Julie Samson, Scheinfeld Center director. “The competition promotes youth entrepreneurship and career development, and provides an opportunity for local students to interact, network, and further educate themselves on the process of creating a business plan and pitching their concept.”

The New Venture Challenge is divided into two separate tiers: one for high school students and another for college students. Entrants submit business plans, and 10 finalists will be chosen from each tier and invited to pitch their concept on April 26.

Local business executives, bankers, investors and entrepreneurs are selected to identify finalists and judge at the pitch competition. “Thanks to generous donors, led by Women’s Economic Ventures under their Spirit of Entrepreneurship program, the winning students will be awarded startup seed funding, scholarships and in-kind opportunities totaling over $15,000,” Samson said.

To apply, visit http://scheinfeldnewventurechallenge.org/index.php/submit/ Fill out the registration form completely, obtain necessary signatures, and prepare necessary attachments including your business plan. For more information, contact the Scheinfeld Center at scheinfeldnvc@gmail.com.  

Competition winners will be honored at the Spirit of Entrepreneurship Awards dinner on May 3.

The SBCC Scheinfeld Center for Entrepreneurship & Innovation promotes global entrepreneurial development within the South Central Coast community and is a resource for model programs for other California community college districts. The center, part of the Jack & Julie Nadel School of Business & Entrepreneurship at SBCC, trains global entrepreneurs using a comprehensive approach to academics, hands-on experience, and support.

For more information, see www.scheinfeld.sbcc.eduor call (805) 965-0581 ext. 3643.

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