This grant supports federal SBIR/STTR Phase I awardees to make their Phase II proposals more competitive while increasing UT’s Phase II funding rates. Grants are reviewed quarterly, and awards are up to $30,000.

Annual grant for one faculty member to explore an industry related to their area of research with the goal of discovering near-term commercialization opportunities. Over a 12-month period, the faculty member receives a $30,000+ grant to lead a team consisting of a graduate student, undergraduate researchers / market analysts, and paired with an Industry Guide to support their efforts.

The E. Craig Nemec Elevator Challenge Award is a $1,000 prize given to the presenters of the top three elevator pitches at the Texas Venture Labs Investment Competition. The award is named after Edward Craig Nemec, who began his entrepreneurial pursuits while completing his business degree at UT. Over the next 25 years, he grew it into the commercial real estate firm Pearson Group Capital Management, owners and operators of office and industrial properties.

Hosted by the Texas Innovation Center, KS WEL Institute's Female Founder Pitch Competition showcases emerging businesses and technologies that are paving the way to have a significant impact on the world. Open to all UT Austin undergraduate and graduate students, faculty, alumnae, and startup ecosystem women-founders, this startup competition aims to highlight innovation happening in the heart of Texas.

Nine-month program for 2-3 recent graduates to discover an entrepreneurial opportunity in an industry of their choice and explore potential solutions with the goal of launching a venture. Each GY Founder receives a $15,000 stipend and $10,000 budget for travel and material expenses.

Genesis is a student-alumni partnership with over $1.8 million to distribute to student-founded companies through non-dilutive grants, along with the time and talent of our diverse and entrepreneurial leadership team. Genesis has helped founders develop their businesses, build their products, generate their first revenue, recruit cofounders and early employees, brainstorm ideas, and raise future funding from top investors. All students can apply for funding and mentorship.

At the Herb Kelleher Entrepreneurship Center, our dedicated focus is on fostering the growth of entrepreneurial skills and empowering Longhorns to embrace this mindset in their careers, whether through starting their own businesses or driving innovation within established industries. UT founders can tap into the HKEC’s wealth of entrepreneurial resources through our networking and funding opportunities, interactive speaker events, one-on-one mentorship, pitch competitions, and our semester-long practicum, the Forty Acres Founders Program.

The James D. Pippin Veteran Entrepreneurship Award is a $1,000 prize awarded to one of the top teams in the Texas Venture Labs Investment Competition with one or more U.S. military veteran cofounders. The award is named after James D. Pippin, a Retired Command Sergeant Major in the U.S. Army who served with RideScout co-founder and CEO Joseph Kopser. Sergeant Major Pippin is the only active duty serviceman to have conducted three airborne combat jumps.

Texas Venture Labs works campus-wide across disciplines to transform graduate students into entrepreneurs and business leaders, take their innovations to market, and accelerate startups in our ecosystem. We do this through our Practicum course and Fellows program that provide experiential learning for grad students, our Investment Competition, and our Accelerator. Let us help you build your skills while launching your dreams.

The Kendra Scott Women’s Entrepreneurial Leadership Institute (KS WELI) supports creatives, founders, leaders, and allies by redefining leadership and entrepreneurship. KS WELI equips and empowers students of all backgrounds through engaging programming and events, spotlighting women-led businesses through the FoundHER Program, and sponsoring interdisciplinary courses within the McCombs Entrepreneurship Minor. Since its founding, KS WELI has become a force on UT’s campus to grow and support the number of women-owned and women-led businesses.