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.

2020 Competition Prize Package

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
    • 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
    • Branding/Marketing strategy session 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
    • 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
    • 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.
    • 6 months of co-working space provided by the Addison TreeHouse, powered by The DEC
    • Branding/marketing strategy session provided by Four Columns Marketing
    • Advisors receive complimentary, non-expiring QuickBooks Online Accountant cloud software provided by Intuit Quickbooks
    • 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
  • Third Place:
    • $10,000 Cash
    • 1 Year of Free Unlimited Web Hosting with SSL provided by Enspir Solutions, LLC
    • $120,000 in IBM Cloud Credits provided by IBM
    • 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
    • Branding/marketing strategy session 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 Teams:
    • AWS
      • $1,000 in AWS Promotional Credit valid for 1 year
      • 2 months of AWS Business Support
      • 80 credits for self-paced labs
  • Baylor Angel Network Analysts' Choice

Baylor Oso Launch Elevator Pitch Competition:

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

NVC Elevator Pitch Competition:

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

Start Up Waco Award: $50,000+

Baylor Entrepreneurship Department and Start Up Waco will award a $25,000 cash grant to a Baylor New Venture Competition Finalist Team or a Baylor Team in the Top 50 that chooses to locate their business in Waco for at least one year. The winner also receives $25,000+ of vital support services to boost their venture's launch.

 

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