Rice University 2023 Business Plan Competition for Student Entrepreneurs

The Rice Business Plan Competition is the world’s richest and largest graduate-level student startup competition. It is hosted and organized by the Jesse H. Jones Graduate School of Business at Rice University and the Rice Alliance for Technology and Entrepreneurship, Rice University’s internationally-recognized initiative devoted to the support of entrepreneurship.

Sectors: business plans and companies should fall into one of four categories, or sectors:

  1. Life Science – includes (but not limited to) Medical Devices, Therapeutics, Diagnostics, Health IT, Biotechnology
  2. Energy/Clean Technology – includes (but not limited to) Sustainability, Water, Battery Technologies, Control Systems, Smart Metering, PV Technology, Natural Gas, Transportation/Mobility, Oil & Gas Technologies, Algae, Fuel Cells, Hybrid Vehicles
  3. Technology – Includes (but is not limited to): Mobile Apps, Software, Digital Media, Consumer Web, Bto-B Applications, Enterprise Software, SAAS, Internet, Web, Virtual Reality, Big Data, Machine Learning, Artificial Intelligence, Drones, Hardware, Robotics, Unmanned Vehicles
  4. Other Innovations – Includes (but is not limited to): Advanced Materials, Nanotechnology, Composites, Nanotechnology, Consumer, Other Technology

Teams must choose one sector/category for their companies. Teams may chose a second sector/category, though a second sector/category is optional and not required. Please choose sectors/categories that best align with your company’s product, technology, system or mission.

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Rice University Information

Rice University Grants

Rice University 2023 Business Plan Competition for Student Entrepreneurs Established in 1891, Rice University is a non-profit private higher education institution located in the urban setting of the large city of Houston (population range of 1,000,000-5,000,000 inhabitants), Texas. Officially accredited and/or recognized by the Southern Association of Colleges and Schools Commission on Colleges, Rice University is a medium-sized (uniRank enrollment range: 7,000-7,999 students) coeducational higher education institution. Rice University offers courses and programs leading to officially recognized higher education degrees such as pre-bachelor degrees (i.e. certificates, diplomas, associate or foundation degrees), bachelor degrees, master degrees, doctorate degrees in several areas of study. See the uniRank degree levels and areas of study matrix below for further details. This 128 years old higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 10-20% making this US higher education organization a most selective institution. International applicants are eligible to apply for enrollment.

Eligibility Criteria

You are initially eligible for the RBPC 2023 if your startup:  

  • is student-driven, student-created and/or student-managed
  • has at least two current student founders or management team members, and at least one of those students is a current graduate degree-seeking student
  • are from a college or university anywhere in the world
  • has not raised more than $250,000 in equity capital prior to July 1, 2022
  • has not generated revenue of more than $100,000 in any 12-month period prior to July 1, 2022
  • is seeking funding or capital (or will be in the next 12 months)
  • is a potentially viable investment opportunity

If you can answer all those questions with "Yes," then your startup appears eligible! Please read the full  details on eligibility and what we will be looking for an application—this will help you submit the best application possible!

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Offered Benefits

  • Rice University will provide an intense, immersive experience over the course three days for student startup founders to pitch to investors, receive multiple rounds of feedback and advance their startup.
  • There will be over $1 million in prizes, and all 42 teams who compete at Rice University in Houston are guaranteed to win cash prizes. The minimum cash prize is $500 and the grand prize winner receives a $300,000 investment (typically in the form of a convertible debt note, without geographic restrictions.)

Application Process

Go to Rice Alliance for Technology and Entrepreneurship on rbpc.poetic.io to apply
Apply Here
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