Applied Research Laboratories is a University Affiliated Research Center operating under a Department of Defense management plan with oversight by the Naval Sea Systems Command. Applied Research Laboratories makes significant contributions in support of national security through fundamental research, innovative science, and applied engineering.

The McCombs Entrepreneur Summer Fellowship (MESF), funded by the generous support of alumni donors and the Harkey Institute for Entrepreneurial Studies, enables innovative students to continue building their startups during the summer. Full-time undergraduate students from majors both in and outside of McCombs, and with four semesters of course work who are actively working on a startup are eligible to apply. Applicants working on any stage of startup development from ideation to scaling are eligible to apply.