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Texas Venture Labs Scholarship Competition

Texas Venture Labs Scholarship Competition. TVL Scholarship. Courtney Leffall – MBA Class of 2015. Class of 2016 Winners. Insight. Justin Key. See more. Jon Sherr. Austin’s Entrepreneurial Scene. Austin’s Entrepreneurial Scene. Investors. Accelerators & Incubators. Networking

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Texas Venture Labs Scholarship Competition

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  1. Texas Venture Labs Scholarship Competition

  2. TVL Scholarship Courtney Leffall – MBA Class of 2015

  3. Class of 2016 Winners Insight Justin Key See more Jon Sherr

  4. Austin’s Entrepreneurial Scene

  5. Austin’s Entrepreneurial Scene Investors Accelerators & Incubators Networking Organizations Venture Capital

  6. Notable Austin Startups

  7. Entrepreneurship @ McCombs

  8. Entrepreneurship @ McCombs • Lecture-Based Entrepreneurship Classes • Intro to Entrepreneurship (Graebner) • Opportunity Identification (Doggett) • Entrepreneurial Growth (Doggett) • Law for Entrepreneurs (Meakin) • High Tech Marketing (Williams) • Front Idea to IP (Cox) • Leading Innovation and Change (Martins) • Entrepreneurship Skills • Innovation in Global Companies (Jarvenpaa) • Marketing Metrics (Srinivasan) • Small Business Finance (TBD) • Pricing and Channels (Mackie) • Data Mining for Business Intelligence • Integrated Marketing Communications

  9. Entrepreneurship @ McCombs • Experiential Entrepreneurship Classes • New Venture Creation I & II • Texas Venture Labs Practicum • Venture Fellows • Outside of McCombs • SocialEntrepreneurship (LBJ) • Tech Commercialization (ME/BME) • Enterprise of Technology (ME) • 1-Semester Start-up (ECE)

  10. What is Texas Venture Labs? Texas Venture Labs New Venture Creation (NVC) Texas Venture Labs Practicum (Fellows) Venture Partner Program Venture Labs Investment Competition TVL Scholarship Program TVL Scholarship Program

  11. TVL Scholarship Goals

  12. Eligibility • Requirements are the same as the McCombs full-time MBA program • Program acceptance is not required prior to applying for or competing in the competition • Ineligible groups include: • Current McCombs students (all programs) • Students who have already earned a U.S. MBA degree • Student already enrolled in another U.S. MBA program

  13. Final Notes 16 Semi-Finalists Business can be in idea stage or already up and running 8 Finalists 2 Winners

  14. TVL Scholarship Scholarship includes: • $10K/year scholarship • In-state tuition (savings of $15K/year) • Continued support from Texas Venture Labs throughout company development And…the following potential opportunities: • Admittance of company to TVL Accelerator after graduation • Consideration for post-grad position as Venture Partner

  15. TVL Scholarship Requirements • Resume • Statement of Interest (no more than 500 words) • Information Sheet • 60 to 90-Second Video Pitch (you must be included) • Business Executive Summary (2 pages) Visit http://bit.ly/TVLscholarship

  16. Executive Summary and Video • Executive Summary and Video should include: • Market problem being addressed • Solution to the market problem • Competitive differentiation • Business model (how will it make money?) • Optional inclusions: • Management team • IP status • Financing information Include quantitative support for all major assertions

  17. Statement of Interest • Statement of Interest should include: • Why you are a good candidate for the scholarship • How it fits with your short-term and long-term goals • How the scholarship and MBA program will help you achieve those goals

  18. Additional FAQs • Does startup need to be in a certain stage? No, it can be already on the market or an idea on a napkin • Do I need a demo or prototype? No, but if you have mock-ups, prototypes or videos to reinforce your points you are welcome to use them • What kind of business should it be? Any type is acceptable as long as you can demonstrate a market need

  19. Important Dates

  20. Questions? tvl.utexas.edu Logan.Robinson@mccombs.utexas.edu

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