Texas Venture Labs (TVL) Startup Fellows gain experience in a variety of industries and roles while simultaneously building their expertise and networks. They work on projects that reinforce classroom learning, allowing them to bridge the gap between their career aspirations and their current skill set. TVL offers the following five tracks: TVL Venture Capital Fellow, TVL Social Impact Fellow, TVL Commercialization Fellow, TVL Founder in Residence Fellow, and TVL Ecosystem Fellow.

Venture Fellows is a year-long program for a selected group of MBA students. Applicants must be enrolled in the McCombs MBA program. For one spring and one fall semester, students work for a venture capital firm, private equity firm, or local incubator or accelerator in conjunction with a weekly class.