New Ventures BC Society’s (NVBC) mandate is to recognize, encourage, and develop entrepreneurship and innovation in British Columbia's start-up technology sector. Since 2001, NVBC has supported this mandate by offering education, mentorship, networking, cash prizes, grant funding, and recognition.
NVBC runs an annual competition called the New Ventures BC Competition where various applicants seek funding and other resources to take their business to the next level. With approximately 200 annual applications and multiple evaluation rounds, competition administration is extensive.