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Vention wins Regional Finals of Harvard Business School New Venture Competition

Vention is excited to announce that it is the winner of Harvard Business School’s Canada New Venture Competition, placing first in addition to winning the public award.

Breanne 838cc05c38c0a6e5463d41a35eaf9f906baae66a3727cc65ff58be449642d9c9 Bre Hargreaves Head of Customer Success / Mar 16th, 2017
HBS competition

Vention is excited to announce that it is the winner of Harvard Business School’s Canada New Venture Competition, placing first in addition to winning the public award.

“We are extremely honored to be recognized for the work that we do at Vention,” said Etienne Lacroix. “In only 8 months, we have made enormous progress and we will do even more in the coming months as we grow the team and expand the functionalities of our web platform.”

Based in Montreal, Vention aims to democratize machine design through its web-based 3D machine builder and library of fully compatible hardware components. By using a fully integrated design ecosystem, business have witnessed a cycle time improvement of more than five-fold. Customers are able to design their machines online and get it shipped the next day.

The HBS New Venture Competition was held by the Harvard Business School Club of Toronto. To qualify, startups must have at least one founder who has officially graduated from one of the alumni status-granting programs of Harvard. Contestants were judged on defining a problem and solution, identifying the addressable market segment, the soundness of their business model and financing requirements, and the strength of the team. Judges included individuals from prominent venture funds such as OMERS and executives from the technology industry.

For more information on the competition, click here.

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