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.

The UTech Dorm Room is wet lab research space that opened in 2011, designed to provide startup company entrepreneurs with facilities for developing bioscience technologies and evaluating commercialization potential. Located in the College of Pharmacy, the UTech Dorm Room allows bioscience companies, both local and from around the country, to benefit from flexible space that allows them to advance bioscience technology ideas in an "Intellectual Property-free zone" towards applications that can be commercialized.

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.