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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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. Deadline to apply for the 2021 Spring cohort is December 7.

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 2021 Spring JBTVL Practicum are open.  We will be hosting online Info Sessions from Sept. 30 through Oct. 22.  The deadline to apply is Oct. 25 at 11:59 PM. Register for an Info Session at http://bit.ly/TVLinfo20

 Apply now

Investment Competition

TVLIC 101: Competition Info & Pitch Tips
UT System Graduate Students:  Pitch your startup to a group of investors to win cash prizes and services. The Texas Venture Labs Investment Competition (TVLIC) simulates the real-world process of raising venture capital.  Register to compete in the Friday, December 4, 2020 competition by November 15.

Early applicants will be eligible to attend a Pitch Prep Workshop where they will learn tips and receive coaching from industry experts. This is a great opportunity to take your presentation skills up a notch and get some feedback on your pitch before TVLIC.

Along with invaluable feedback, the TVLIC winner receives a suite of prizes: $15,000; A seat in the Company-in-Residence Program; Golden Ticket to Capital Factory; Access to the LeanStack.com tools and a personalized coaching session with the creator of the Lean Canvas, Ash Maurya and $5,000 in Amazon Web Services Credits valid for two years; one year of AWS Business Support (up to $1,500) and 80 credits for Self-Paced Labs.

To learn more, register for a TVLIC 101: Competition Info & Pitch Tips info session held on Nov. 4, 5 and 6, check out the Rules and FAQs  or email us.

Invaluable Feedback Plus
Along with invaluable feedback, the winner receives a suite of prizes: $15,000; A seat in the Company-in-Residence Program; Golden Ticket to Capital Factory; Access to the LeanStack.com tools and a personalized coaching session with the creator of the Lean Canvas, Ash Maurya and $5,000 in Amazon Web Services Credits valid for two years; one year of AWS Business Support (up to $1,500) and 80 credits for Self-Paced Labs.

And there's more:  cash prizes for second and third place. Three $1,000 Nemec Elevator Challenge winners for the best 90 second elevator pitch. Veteran-owned ventures are eligible to win the $1,000 James D. Pippin Student Veteran Award . New this year, a health-related company will be given the Health Innovation Award of $1,000 plus six month ScaleHealth membership.  

Even more:  One finalist wiil be selected for six months mentoring through Austin Technology Incubator. Another finalist will win a Golden Ticket to the Blackstone Launchpad SEAL summer program

Apply now for the Dec. 4 TVLIC.  Application deadline is Nov. 15. Apply

Upcoming Events

JBTVL Practicum gives you behind the scenes access to real startup challenges

Join the Jon Brumley Texas Venture Labs team for an info session on our JBTVL Practicum. Learn how graduate students participating in this elective can earn course credit while getting hands-on experience with our JBTVL Accelerator startups, expand their knowledge base and their networks, and become strong leaders in their future careers. Info Sessions run from Sept. 30 through Oct. 22.

The JBTVL Practicum Class is a cross-campus elective course that teaches graduate students how to work with and consult with startups. You will work in a multi-disciplinary team on a project-driven curriculum that immerses you in market analysis and research, teaches about early-stage ventures, and provides a framework for strategically thinking through business problems to directly deliver positive outcomes for Austin startups.

Fun fact: the majority of our students come from UT’s non-business colleges and we always receive positive feedback from students taking the course with an interest in entrepreneurship or consulting projects, both MBA and non-business students alike.

Here is a link for Info Session registration: http://bit.ly/TVLinfo20

Want to cut to the chase and access the program’s student application? Click here: bit.ly/applyTVL_student

TVLIC 101: Competition Info & Pitch Tips

UT System Graduate Students:  Pitch your startup to a group of investors to win cash prizes and services. The Texas Venture Labs Investment Competition (TVLIC) simulates the real-world process of raising venture capital.  Register to compete in the Friday, December 4, 2020 competition by November 15.

Early applicants will be eligible to attend a Pitch Prep Workshop where they will learn tips and receive coaching from industry experts. This is a great opportunity to take your presentation skills up a notch and get some feedback on your pitch before TVLIC.

Along with invaluable feedback, the TVLIC winner receives a suite of prizes: $15,000; A seat in the Company-in-Residence Program; Golden Ticket to Capital Factory; Access to the LeanStack.com tools and a personalized coaching session with the creator of the Lean Canvas, Ash Maurya and $5,000 in Amazon Web Services Credits valid for two years; one year of AWS Business Support (up to $1,500) and 80 credits for Self-Paced Labs.

To learn more, register for an info session held on Nov. 4, 5 and 6, check out the Rules and FAQs  or email us.


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.

Apply today

 

 

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Jon Brumley Texas Venture Labs