From Rent The Runway and Birchbox to CloudFlare and RelayRides, Harvard Business School’s New Venture Competition, formerly known as the Business Plan Contest, knows no shortage of success stories. And this year, eight finalists are hoping to join the aforementioned ranks as they compete for their shot at more than $300,000 in cash prizes and in-kind support.

Sponsored by Harvard Business School’s Arthur Rock Center for Entrepreneurship, the Social Enterprise Initiative and Alumni Relations, the contest is broken down into students and alumni, who are both competing in two tracks: business and social enterprise.

The 2012 Student Business Track winner Vaxess Technologies went on to win first-place in the inaugural Harvard President’s Challenge and was named a finalist in the 2012 MassChallenge competition.

The eight below are working to follow in Vaxess’ entrepreneurial footsteps, and on Tuesday, April 30, will find out if they have that chance. The final event will kick off in the Burden Auditorium at 4:30 p.m. Teams will deliver their pitches, and then be given the chance to share more of their background and plans for the future in a showcase taking place at 6 p.m. in the Spangler Center.

For a look at who’s competing, check out the descriptions below. And to hear stories of how four student startups made their way through the competition, click here.

  • Astoria Road  The first social wedding registry.
  • Bluelight  Innovative consumer finance for the base of the pyramid.
  • Good Benefits — Helping companies run simple, engaging, high-impact workplace giving programs.
  • myProxy — A web-based platform to digitally record patient’s end-of-life care wishes and make them available.
  • Quickstor — A mobile platform for self-storage rental that increases lead conversion and value.
  • Sensible Baby — Safe and accurate sensor-based technology to monitor babies’ sleeping safety.
  • Tauros Engineering — Commercializing a revolutionary technology for the detection of bridge scour.
  • WAVE Hospitality Academy — Empowering youth in West Africa to access employment opportunities through vocational training.