The BDO New Venture Competition is a highlight of the first-year of the Bachelor of Business Administration program. Starting in the fall term, BU111 students work in small teams to come up with an idea for a new venture, which they then develop into a business during the winter term in BU121. The teams each prepare a report and pitch their new business to their lab. In an experiential setting, the students are evaluated on their ability to perform independent research, to manage time effectively, and to manage the diverse skills, talents, and capabilities of different individuals within their group.
The top team from each lab presents their business to a panel of judges containing alumni, and the top team from each judging panel presents to entrepreneurs and community leaders who select a winner at the annual competition in March. This year, approximately 240 teams will be competing, with 48 teams in the semi-finals and 6 teams making their final pitch on March 24th with scholarship money and bragging rights at stake.