Baylor New Venture Competition for Entrepreneurship and Projects and the Opportunity to Win $50000
Applicant criteria
- No specific age required
- Both
Opportunity criteria
Opportunity description
The John F. Baugh Center for Entrepreneurship and Free Enterprise will host the twelfth annual Baylor New Venture Competition on March 24-25 at Baylor University's Foster Campus for Business and Innovation. This business plan and elevator pitch competition showcases collegiate student created, managed and led ventures from across the globe. The competition provides participants with personal and professional development through:
- industry-specific mentorship towards sustainable business plans,
- exclusive access to accomplished experts and fellow innovators,
- and a chance to compete for over $250,000 in cash prizes and vital resources.
Benefits
New Venture Competition Awards:
- First Place: $50,000 Cash + In-kind awards.
- Second Place: $25,000 Cash + In-kind awards.
- Third Place: $10,000 Cash + In-kind awards.
- Honorable Mention (4th - 10th): $1,500 Cash + In-kind awards.
- In-kind awards can include website hosting, various consultations, co-working space, legal services and more.
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.
Eligibility criteria
- The 2023 Baylor New Venture Competition is open to teams of not-for-profit accredited university students and recent alumni around the world. There is no limit to the number of teams from a single university that may apply.
- Applicants will receive expert advice throughout the competition cycle:
- Executive Summary Feedback
- Business Plan Feedback
- One-on-One Mentorship
- Rounds of Pitch Coaching
- Feedback Sessions
- Final Presentation Feedback
- The day of finals will include pitch presentations with judge Q&A, networking, a business showcase, audience participation and awards.
About Baylor University:
Baylor University is a private Baptist research university in Waco, Texas. Baylor was chartered under a different name in 1845, by the last Congress of the Republic of Texas. Now operating under a different charter, Baylor is the oldest continuously operating universities in Texas and one of the first educational institutions west of the Mississippi River in the United States.