*An increase in our awards will occur as we approach the 2013 Global VLIC competition.
Global Champion - $135,000
The Global Champion will receive 1) $25,000 in cash; 2) the Austin Technology Incubator Launch Package worth $25,000 (featuring the opportunity for a one year membership which includes strategic business consulting services and mentoring from a team of industry experts, office space, and access to discounted legal, accounting, and businesses services from top tier providers); 3) full page ad in Inc. magazine worth $60,000; 4) consulting with the McCombs School of Business entrepreneurship faculty worth $25,000; 5) The winning team will also be invited to join Rob Adams in closing the NASDAQ OMX Stock Market.
The above awards recognize the top team that best combines an innovative venture idea, an excellent business plan and an outstanding presentation to demonstrate most convincingly an attractive investment opportunity.
The first runner-up will receive $5,000.
The other finalists will receive $3,000.
The semifinalists will receive $2,000.
The above awards recognize the top teams that best combine an innovative venture idea, an excellent business plan and an outstanding presentation to demonstrate most convincingly an attractive investment opportunity.
Wild Card Challenges
Winners – advance to the semifinals
First runner-ups - $1,000
Participants - $500
Wells Fargo Clean Energy Finals
The winner will receive $10,000.
E. Craig Nemec Achievement Challenges
Winner of each challenge - $1,000
Awards Within Each Division of the Opening Round
Outstanding Business Plan
This award recognizes the business plan that best demonstrates superior writing and analytical skills, and that best reflects marketing, management, and financial acumen in a clear, concise and convincing manner.
This award recognizes the presentation that best exemplifies superior oral, visual and interactive skills, and that best demonstrates poise, professionalism, and an ability to think on one's feet.
This award is for the most creative and innovative product.
This award recognizes the largest or fastest growing market.
NOTE: The judges will determine each of the award winners. In unique circumstances, the judges may create special awards, such as "Boldest Venture."