Rice University in Houston is running the 4th annual Veteran Business Battle. It is a business plan competition to connect veteran owned companies with growth capital in the form of debt or equity investments. In its first three years, more than $2.5 million of investment offers have been extended to finalists.
The deadline to submit a business plan is February 1, 2018.
Finalists will be invited to pitch their business plan to investors and judges during the competition April 13-14, 2018 at Rice University in Houston.
The winning entries will receive offers for capital investment from investment groups and individuals that have partnered with for this event. Past investors included Main Street Capital, Amegy Bank, the Houston Angel Network and an investment group specially formed for the competition made up of successful Houston entrepreneurs. In addition, winning entries will receive mentoring and strategic advisers from a diverse and valuable pool of leaders in the Houston entrepreneurship community.
HOW TO COMPETE
- Complete the application that describes your business idea, including an optional video pitch.
- Applications must be submitted through this website along with a scanned copy of the business owners DD Form 214 document from the U.S. Military indicating he or she was honorably discharged.
- Applicants must be residents of the United States.
- All applicants must consent to a background check if selected as a finalist for the purpose of prequalifying their business for funding
- Please review the Frequently Asked Questions section for information about typical investment requirements and formats
A panel of judges comprised of business leaders and entrepreneurs will review the submissions and select finalists.
The finalists will be invited to compete in the Veterans Business Battle at Rice University. Teams/individuals will compete for investment dollars and also have the opportunity to meet and network with successful entrepreneurs and investors, who will serve as event judges.
If selected as a finalist, come to the competition at Rice University prepared with to make a business pitch to judges and investors. Please be prepared to make a 1-minute “elevator pitch” and a full presentation. The 10 minute presentations should be interactive, entertaining and include all pertinent details about your business. Successful business pitches will explain the need for their business, explain how their business can solve this demand and sell the judges and investors on the product. Props, displays and interactive elements are encouraged. Judges may ask competitors questions about their businesses, so be prepared with any sales numbers, market research and other relevant data. It is essential that every business present not only an idea or product, but also have a clear funding request.