Venture Labs Investment Competition 2012

Description

Online registration forms due

Website

http://www.mccombs.utexas.edu/Centers/Venture-Labs-Investment-Competition/

Competition Organizer

University of Texas at Austin McCombs School of Business

Local US Event
Austin, TX
Submission Date

4-01-2012

Business Plan Submission Date

4-15-2012

Awards Date

5-05-2012

Total Prize Cash (US Dollars)

$156,000

Competition Category
  • Graduate - Global
Who's Eligible

Participation is through invitation to the university of Texas at Austin or by winning one of a list of participating competitions. 

The business plan must be for a seed, start-up, or early stage venture. This is a competition for graduate students; teams with a minority of undergraduates can compete.

Important Dates

Registration forms are due on April 1, 2012. All teams must submit an electric copy of their business plan and executive summary by April 15, 2012. The final rounds of competition will take place on the campus of the University of Texas at Austin on May 3 - 5, 2012

Competition Prizes

The Global Champion will receive $25,000 in cash and $110,000 worth of other inkind prizes and services. 

The First Runner-Up will receive $5,000

The other finalists will receive $3,000

The semifinalists will receive $2,000

A number of other specialized prizes will be awarded as well. 

Other Info

This year’s VLIC includes a new Clean Energy Prize sponsored by Wells Fargo where the track winner will receive a $10,000 cash prize. Startups competing in this space are focused on improving energy efficiency, innovating energy delivery and offering energy from alternative fuels for both residential and commercial energy sectors.