Lambent Data™ had the exciting opportunity to present as a semi-finalist in the Harvard Business School New Venture Competition (HBSNVC) New York City/Northeast Regionals. The semi-finals occurred in the form of a Showcase, which took place on the evening of February 13, 2020 in New York City. The HBSNVC is an annual, global startup competition that serves as a launch pad for innovative companies founded by HBS alumni from around the world; HBS students compete in separate tracks than the alumni. It provides cash prizes, in-kind services and exposure to potential investors, mentors, and advisors.
The New York City/Northeast Region is the largest of the ten HBSNVC global regions. Previous winners of the NYC/NE competition have grown their businesses to become some of the most notable startups in this region, including last year's NYC/NE Regional winner Blueland, which also won the 2019 global HBSNVC.
Leaders of 24 companies participated on Feb. 13 with hopes to advance, and to talk about their ventures with the over 170 people registered to attend the Showcase. Co-founder and CEO Kirsten Hund Blair (Princeton '84, HBS MBA ’89, and Harvard Kennedy School MPA '89) was excited for Lambent Data to participate as a semi-finalist, though Lambent did not advance to the Regional Finals. However, she was very grateful for the opportunity to highlight and explain Lambent Data's work to potential investors and advisors, including those who have become more involved with Lambent since the event.
In addition to discussing Lambent's OurVisit™ collaborative software platform and app to empower healthcare and social service providers and the families they serve, she explained about the New Jersey 20% Angel Investor Tax Credit Program. This striking program is open to investors (even if they themselves do not live in NJ) who invest in NJ-based tech/science companies, including Lambent Data. They receive 20% of their investment back, regardless of whether they have any other reason to file a NJ tax return.
For more info on this Angel Investor Tax Credit program, please visit: https://www.njeda.com/technology_lifesciences/angel_investor_tax_credit_program
For more info on the HBSNVC, please visit: https://www.hbscny.org/events/register-save-the-date-new-venture-competition-regional-semifinals-company-showcase-1/?fbclid=IwAR21TFFT70AI2jFaHugw1pxeRkvYDqdE39vRKjw5wzKyUouJHMwr3fHCkcw