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New Venture Competition

Prizes and Awards

Baylor Business New Venture Competition

Win Capital To Launch Your Venture


Congratulations to the 2018 First Place award winners representing Lapovations, LLC: Jared Greer, Flavia Araujo and Michael Dunavant from University of Arkansas.

Receive valuable feedback on your business venture BEFORE you compete with your peers for substantial monetary awards and vital support services to boost your venture's launch.

Tentative 2022 Competition Prize Packages

Monetary and in-kind awards will be given to each team that makes it to the final round of the competition. Possible awards are as follow:

Business Plan Competition

Please consult the Official Guidebook document, page 11, for details concerning monetary awards.

  • First Place
    • $50,000 Cash
    • $120,000 in IBM Cloud Credits provided by IBM Premium Level for Startup with IBM program
    • 1 Year of Free Unlimited Web Hosting with SSL provided by Enspir Solutions, LLC
    • Opportunity to present to the Baylor Angel Network
    • TEN Capital Fundraise Package featuring document templates, resource lists, terms sheets dataroom checklists, metrics, and more for preparing your fundraise with accredited investors. 
    • 1 year of co-working space provided by the Addison TreeHouse, powered by The DEC
    • 4 hours strategy and marketing consulting provided by Four Columns Marketing
    • 6 hours of free IP legal services to prepare a U.S. Provisional Patent Application for the recipient team by Austin technology law firm Hunt Pennington Kumar & Dula
    • 2 one-hour sessions covering Business Plan / Market Review and Fundraising /Term Sheet guidance provided by Lavni Ventures
    • Complimentary QuickBooks Online Plus 12-month trial licenses provided by Intuit Quickbooks
    • Complimentary vouchers to take either the QuickBooks User Certification exam or The Entrepreneurship and Small Business (ESB) exam for each student provided by Intuit Quickbooks
    • Complimentary Professional QuickBooks ProAdvisor accountant virtual session on “Getting Your Company Setup” within your QuickBooks Online licenses Provided by Intuit Quickbooks
    • Advisors receive complimentary, non-expiring QuickBooks Online Accountant cloud software provided by Intuit Quickbooks
  • Second Place
    • $25,000 Cash
    • $120,000 in IBM Cloud Credits provided by IBM Premium Level for Startup with IBM program
    • 1 Year of Free Unlimited Web Hosting with SSL provided by Enspir Solutions, LLC
    • IP Protection & Trademark Consulting offered by HULSEY PC
    • TEN Capital Fundraise Package featuring document templates, resource lists, terms sheets dataroom checklists, metrics, and more for preparing your fundraise with accredited investors.
    • 6 months of co-working space provided by the Addison TreeHouse, powered by The DEC
    • 4 hours strategy and marketing consulting provided by Four Columns Marketing
    • Complimentary QuickBooks Online Plus 12-month trial licenses provided by Intuit Quickbooks
    • Complimentary vouchers to take either the QuickBooks User Certification exam or The Entrepreneurship and Small Business (ESB) exam for each student provided by Intuit Quickbooks
    • Complimentary Professional QuickBooks ProAdvisor accountant virtual session on “Getting Your Company Setup” within your QuickBooks Online licenses provided by Intuit Quickbooks
    • Advisors receive complimentary, non-expiring QuickBooks Online Accountant cloud software provided by Intuit Quickbooks
  • Third Place
    • $10,000 Cash
    • 1 Year of Free Unlimited Web Hosting with SSL provided by Enspir Solutions, LLC
    • IP Protection & Trademark Consulting offered by HULSEY PC
    • $120,000 in IBM Cloud Credits provided by IBM Premium Level for Startup with IBM program
    • TEN Capital Fundraise Package featuring document templates, resource lists, terms sheets dataroom checklists, metrics, and more for preparing your fundraise with accredited investors.
    • 6 months of co-working space provided by the Addison TreeHouse, powered by The DEC
    • 4 hours strategy and marketing consulting provided by Four Columns Marketing
    • Advisors receive complimentary, non-expiring QuickBooks Online Accountant cloud software
    • Complimentary QuickBooks Online Plus 12-month trial licenses provided by Intuit Quickbooks
    • Complimentary vouchers to take either the QuickBooks User Certification exam or The Entrepreneurship and Small Business (ESB) exam for each student
    • Complimentary Professional QuickBooks ProAdvisor accountant virtual session on “Getting Your Company Setup” within your QuickBooks Online licenses
  • Honorable Mention (4th - 10th)
    • $1,500 Cash
    • 1 Year of Free Unlimited Web Hosting with SSL provided by Enspir Solutions, LLC
    • TEN Capital Fundraise Package featuring document templates, resource lists, terms sheets dataroom checklists, metrics, and more for preparing your fundraise with accredited investors.
    • Advisors receive complimentary, non-expiring QuickBooks Online Accountant cloud software
    • Complimentary QuickBooks Online Plus 12-month trial licenses
  • Top-50 Competitors
    • AWS In-Kind | $1,000 in AWS Credits valid for 2 years (up to $100,000 as startup matures)
    • AWS In-Kind | 1 year AWS Business Support (up to $1,500)
    • AWS In-Kind | 80 Credits for Self-Paced Labs
  • All Applicants
    • $120K in cloud credits with Standard Startup with IBM program offer
  • Lavni Ventures’s Choice
    • 2 One-Hour sessions covering Business Plan / Market Review and Fundraising /Term Sheet guidance provided by Lavni Ventures
  • Baylor Angel Network Analysts' Choice
    • Up to 4 hours of free pitch deck consultation by the Baylor Angel Network Student Analyst team

NVC Elevator Pitch Awards

  • 1st Place - $1,500 cash
  • 2nd Place - $1,000 cash
  • 3rd Place - $500 cash

Oso Launch Elevator Pitch Competition Awards

  • 1st Place - $1,000 cash
  • 2nd Place - $500 cash
  • 3rd Place - $250 cash

Start Up Waco Award $10,000+

Baylor Entrepreneurship Department and Startup Waco have developed a unique 3-week accelerator for which any Baylor New Venture Competition Team in the Top 50 is eligible to be considered. This all-expense paid opportunity will include a cash grant of $5,000, and cover all travel, housing, and food costs, as well as exclusive, curated experiences throughout Central Texas. The program will focus on access to additional Angel and VC funding networks, pro bono support from local service providers, and carefully selected introductions to local and national strategic partners to boost the venture’s development, launch and growth. Invitations will be awarded to three participants based on distinction of the business plan and strategic alignment with local stakeholders.

 

 

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