Slide 1

Report
2015 Texas VLIC
bit.ly/tvl_tvlic
Important Dates:
November 3
December 12
January 26
February 4
February 5
Intent to Compete opens
Intent to Compete due
Executive summary and business plan due
Semifinals (6 PM – 9 PM)
Finals (6 PM – 9 PM)
2015 Texas VLIC
bit.ly/tvl_tvlic
What is the Texas VLIC?
• The University of Texas at Austin’s new venture
investment competition for graduate students.
• Mimics the real world process of raising venture capital.
• Judges are investors, experienced entrepreneurs and
industry experts.
2015 Texas VLIC
bit.ly/tvl_tvlic
Who is eligible?
• University of Texas at Austin graduate students from any
department
• Graduate students played a major role in conceiving the
venture by having key management roles and owning
significant equity in the venture.
• Significant equity is defined as 50% or more of the equity
allocated to the management team and key advisors.
2015 Texas VLIC
bit.ly/tvl_tvlic
James D. Pippin Veteran
Entrepreneurship Award
(The Pippin Award)
• Separate cash prize award for teams with veterans
•To be eligible, teams must contain one or more U.S.
military veteran co-founders.
•Texas Venture Labs and its veteran advisory team
will make the final determination regarding a team’s
eligibility for the award.
•Award will be allocated to the highest ranking eligible
team
2015 Texas VLIC
bit.ly/tvl_tvlic
Submission requirements:
•STEP 1- Intent to compete
• Team, company info.
• Due Friday Dec. 12, 5:00 pm
• STEP 2- Company materials
• 2-page executive summary
• 10-page business plan (no more than 6 additional
appendix pages may be included)
•Due Monday Jan. 26, 5:00 pm
2015 Texas VLIC
bit.ly/tvl_tvlic
Presentation guidelines:
• 30 minutes total time with judges interrupting at any time
with questions.
• Each graduate student team member must participate in
the presentation.
• Open to the public.
2015 Texas VLIC
bit.ly/tvl_tvlic
How are the teams judged?
• Investor-ready judging rubric
• Which teams have the best chance of receiving new
venture funding.
• Each judge is looking to identify the company in
which they would invest their own money.
2015 Texas VLIC
bit.ly/tvl_tvlic
Awards available:
• The Pippin Award - $ 2,000 cash
• Third Place - $2,000 cash
• Second Place - $3,000 cash
• First Place - $5,000 cash
•ATI Launch Package.
• Automatic berth into the 2015 Global VLIC (May 7-9)
with over $100,000 in awards.
2015 Texas VLIC
bit.ly/tvl_tvlic
Additional Information:
• Texas Venture Labs Office Hours
• One Twenty 5 Café in AT&T Executive Center
• Wednesdays 12:30 PM - 1:30 PM
• Thursdays 2:00 PM - 3:00 PM
• See the TVLIC Rules document at vlic.utexas.edu
2015 Texas VLIC
bit.ly/tvl_tvlic
Important Dates:
November 3
December 12
January 26
February 4
February 5
Intent to Compete opens
Intent to Compete due
Executive summary and business plan due
Semifinals (6 PM – 9 PM)
Finals (6 PM – 9 PM)

similar documents