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.

2019 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:

Internal 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

Real Foundation Prize: $5,000

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.

Business Plan Competition:

  • First Place:

  • Second Place:
    • $25,000 Cash
    • $120,000 in IBM Cloud Credits provided by IBM
    • 6 months free listing on the Texas Entrepreneur Networks funding portal, featuring access to the "TEN Campaign Program" knowledge base
    • 2 hours free legal consulting and 20% off of legal deliverables provided by The Gober Group
    • Branding/marketing strategy session provided by Four Columns Marketing

  • Third Place:
    • $10,000 Cash
    • $120,000 in IBM Cloud Credits provided by IBM
    • 6 months free listing on the Texas Entrepreneur Networks funding portal, featuring access to the "TEN Campaign Program" knowledge base
    • 1 hour free legal consulting and 20% off of legal deliverables provided by The Gober Group
    • Branding/marketing strategy session provided by Four Columns Marketing
  • Honorable Mention (4th - 10th):
    • $1,500 Cash
    • 6 months free listing on the Texas Entrepreneur Networks funding portal, featuring access to the "TEN Campaign Program" knowledge base

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

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