University of Texas at Austin
A classroom full of attentive students
A classroom full of attentive students
A classroom full of attentive students
A classroom full of attentive students

Jon Brumley Texas Venture Labs

Our Goal

We transform graduate students into entrepreneurs and accelerate Austin-based startups to venture funding through market validation.

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JBTVL has connected over 760 students, 232 startups, and countless investors. Share news, hire and connect with other TVL alumni.

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McCombs School of Business McCombs School of Business

What We Do

Jon Brumley Texas Venture Labs (JBTVL) is a campus-wide initiative to accelerate startups in taking their innovations to market and to transform graduate students into entrepreneurs and business leaders.The JBTVL Practicum is a cross-campus elective course that teaches graduate students how to work with and consult with startups.The JBTVL Accelerator provides an opportunity for Texas startups to take their ventures to the next level with the unique benefit of leveraging UT resources and talent.The TVL Investment Competition (TVLIC) mimics the real-world process of raising venture capital for student startups.

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Accelerator

Seeking Austin Startups

The JBTVL Accelerator provides an opportunity for startups to take their ventures to the next level with the unique benefit of leveraging UT Austin resources and talent. JBTVL also provides a venue for investors to engage with research and startups from The University of Texas at Austin. The JBTVL Accelerator matches early-stage Austin-area startups with cross-functional student teams from across UT’s graduate schools to help solve business problems.

The JBTVL Accelerator is a zero cost, zero equity program that collaborates with Texas-based startups who want to work with graduate student consultants for up to 300 hours of high impact business consulting over the course of a 14-week semester. We accept applications from both pre-revenue and post-revenue companies who have a working prototype or product, can clearly define 2-3 projects for students, and are ready to engage with the student team.

We welcome startups from ALL industries! In addition to our MBA, MSTC, and McCombs MS students, many of our graduate students come from science, engineering, and computer science disciplines. Since we are embedded in an academic institution and surrounded by brilliant scientific and technical talent, startups who can leverage technical PhD and Masters students in their project work are always encouraged to apply.

For more information, check out the FAQs.Sign up today to be considered for the Fall 2020 cohort. Deadline to apply is July 12 at 11:59 PM.

 Apply now

 

Practicum

The JBTVL Practicum connects local startup companies with talented and entrepreneurial graduate students from UT Austin.  A majority of the students come from the MBA, law, engineering, pharmacy, and natural sciences programs but all majors are welcome.

These students participate in semester-long consulting projects solving important problems alongside the company’s founders. Students work with the startups to deliver 200-300 hours of quality consulting work in exchange for academic course credit.

The JBTVL Practicum is a cross-disciplinary networking and learning program with a hands-on approach using the academic foundations of entrepreneurship and business modeling. Students learn valuable skills such as project management, client relations, team collaboration, market validation, competitive research, price modeling and analytics.

We leverage the Austin ecosystem with unique, hands-on programs that extend across graduate programs on campus and the greater Austin startup community. Since 2010,  775+ Master’s and PhD students have gone through the JBTVL Practicum.

Applications to be a part of the 2020 Fall  JBTVL Practicum are open. 

 Apply now

Investment Competition

This semester, Jon Brumley Texas Venture Labs held its biannual Investment Competition (TVLIC) online on Friday, May 8, 2020. This virtual competition offers a unique opportunity for graduate students from any UT System school to pitch their startup ideas to a panel of investors and entrepreneurs.

Past participants, such as the founders of uShipBeatBox Beverages and Ordoro to name a few, have gone on to do great things after launching their startups at TVLIC. Many other participants have leveraged their TVLIC experience and feedback from the judges to accelerate their careers outside of entrepreneurship.

Along with the new format, we debuted an exciting new suite of prizes.  The winner receives:

  • Grand prize of $15,000

  • A seat in the newly founded Company-in-Residence program

  • $10,000 in Amazon Web Services credits

  • Free Three Months at Capital Factory

  • Access to the LeanStack.com tools and a personalized coaching session with the creator of the Lean Canvas, Ash Maurya

Additionally, Second Place wins $5,000 and $3,500 in Amazon Web Services credits; Third Place takes home $2,500 and $1,500 in Amazon Web Services credits.  

Three Nemec Elevator Challenge winners will receive $1,000 each. The James D. Pippin $1,000 award goes to a team with a U.S. military veteran on the team. One finalist will be selected for six months free mentoring through Austin Technology Incubator. One finalist will receive a "Golden Ticket" entry to SEAL summer program.

Check out the complete list of winners. 

Upcoming Events

JBTVL Info Session on July 7

Join us for an introduction to our unique approach and learn how Jon Brumley Texas Venture Labs (JBTVL) can help your company reach the next milestone.  Pre-Revenue and Post-Revenue companies looking for specific expertise: don't miss this information session. We will discuss our various programs with a focus on how we engage with early-stage ventures, what the application process looks like, and the results we've seen from our alumni companies. We will also provide ample time for Q&A and interaction with the JBTVL team.

Since 2010, JBTVL has worked with both pre-revenue and post-revenue startups from the Texas region to help them by consulting on strategy, planning, competitive and market research projects. These free consulting projects conducted by highly talented UT graduate students have helped over 240 companies solve business problems and accelerate growth to reach the next milestone.

July 7 2020 from 11:30 AM until 12:30 PM
Register for the info session: tvlaccelerator_ama.eventbrite.com

Feel free to take a look at our JBTVL Company Application to see what questions you might have about the application process or what will be required, or if you feel ready to apply, go ahead and do so. Either way, we look forward to answering any questions you have about our accelerator or other programs!

Ready to apply now?   Application:  bit.ly/JBTVL_company_app
Deadline to apply:  July 12, 2020 at 11:59 PM

More information on JBTVL Accelerator Program:  McCombs.utexas.edu/Centers/Texas-Venture-Labs/Startups

Calling all Austin Startups Looking for Consulting Help 

The Jon Brumley Texas Venture Labs Accelerator matches Austin-area startups with cross-functional teams of UT Austin graduate students for 10-week long startup consulting projects. Our rigorous market validation process and our students’ research accelerates startups towards funding. 

The JBTVL Accelerator is a zero cost, zero equity program that collaborates with Texas-based startups who want to work with graduate student consultants for up to 300 hours of high impact business consulting over the course of a 10-week semester. We accept applications from both pre-revenue and post-revenue companies who have a working prototype or product, can clearly define 2-3 projects for students, and are ready to engage with the student team.

We welcome startups from ALL industries! In addition to our MBA, MSTC, and McCombs MS students, many of our graduate students come from science, engineering, and computer science disciplines. Since we are embedded in an academic institution and surrounded by brilliant scientific and technical talent, startups who can leverage technical PhD and Masters students in their project work are always encouraged to apply.

Deadline to apply for the upcoming Fall 2020 cohort is July 12 at 11:59 PM.

Apply today

 

 

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Jon Brumley Texas Venture Labs