New Venture Creation is an innovative course at BITS Pilani conceptualized and coordinated by BITSAA in association with CEL.

The purpose of this course is to not only study entrepreneurship but practice it. Student teams are expected to create a technology/product based startup and write a business plan including all the building blocks of creating an enterprise. In order to create a successful startup, student entrepreneurs will be required to address various issues in startup creation - product development, market research, technology viability, fund raising, competitive analysis, team formation, marketing & sales strategy.

The course features guest-lectures from prestigious entrepreneurs, investors and academicians with strong experience in creating and running startups. Participating teams will be assigned an experienced entrepreneur mentor who will guide them through the semester and beyond. The teams will compete with each other and the best two teams will be awarded seed funding from the program to pursue the business idea for incubation after the completion of the course and eventually launch the business.