20
Texas Venture Labs Scholarship Competition

Texas Venture Labs Scholarship Competition

Embed Size (px)

DESCRIPTION

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 - PowerPoint PPT Presentation

Citation preview

Page 1: Texas Venture Labs Scholarship Competition

Texas Venture Labs Scholarship Competition

Page 2: Texas Venture Labs Scholarship Competition

TVL Scholarship

Courtney Leffall – MBA Class of 2015

Page 3: Texas Venture Labs Scholarship Competition

Class of 2016 Winners

Justin Key

Jon Sherr

Insight

See more

Page 4: Texas Venture Labs Scholarship Competition

Austin’s Entrepreneurial Scene

Page 5: Texas Venture Labs Scholarship Competition

Austin’s Entrepreneurial Scene

Investors

Venture Capital

Accelerators & Incubators

NetworkingOrganizations

Page 6: Texas Venture Labs Scholarship Competition

Notable Austin Startups

Page 7: Texas Venture Labs Scholarship Competition

Entrepreneurship @ McCombs

Page 8: Texas Venture Labs Scholarship Competition

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

Page 9: Texas Venture Labs Scholarship Competition

Entrepreneurship @ McCombs

Experiential Entrepreneurship Classes

- New Venture Creation I & II

- Texas Venture Labs Practicum

- Venture Fellows

Outside of McCombs

- Social Entrepreneurship (LBJ)

- Tech Commercialization (ME/BME)

- Enterprise of Technology (ME)

- 1-Semester Start-up (ECE)

Page 10: Texas Venture Labs Scholarship Competition

What is Texas Venture Labs?

Texas Venture Labs

Texas Venture

Labs Practicum(Fellows)

New Venture Creation

(NVC)

Venture Labs

Investment Competition

TVL Scholarship

Program

Venture Partner Program

TVL Scholarship

Program

Page 11: Texas Venture Labs Scholarship Competition

TVL Scholarship GoalsG

oal Help students

with entrepreneurial aspirations earn their MBA at McCombs while continuing to reach for their goals.

Goa

l Encourage entrepreneurial individuals who may not otherwise pursue their MBA to do so at a top 10 entrepreneurship program.

Goa

l Provide financial help to entrepreneurial students to encourage continuation of their chosen career path post-graduation.

Page 12: Texas Venture Labs Scholarship Competition

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

Page 13: Texas Venture Labs Scholarship Competition

Final Notes

Business can be in idea stage or already up and

running

16 Semi-Finalists

8 Finalists

2 Winners

Page 14: Texas Venture Labs Scholarship Competition

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

Page 15: Texas Venture Labs Scholarship Competition

TVL Scholarship Requirements

1. Resume2. Statement of Interest (no more than 500 words)3. Information Sheet4. 60 to 90-Second Video Pitch (you must be

included)5. Business Executive Summary (2 pages)

Visit http://bit.ly/TVLscholarship

Page 16: Texas Venture Labs Scholarship Competition

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

Page 17: Texas Venture Labs Scholarship Competition

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

Page 18: Texas Venture Labs Scholarship Competition

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

Page 19: Texas Venture Labs Scholarship Competition

Important Dates

Important Dates

October 1, 2014 Application opens

October 15, 2014 12:30-1:30p.m. Introductory webinar - http://bit.ly/ScholWebinar

January 15, 2015 Application closes

January 20, 2015 Semi-finalists announced

February 19, 2015 Info session and class visits hosted by Admissions

February 20, 2015 Semi-finals / finals

Page 20: Texas Venture Labs Scholarship Competition

Questions?

[email protected]