Values and Ventures® Guidelines

Fees and Expenses

We do not charge a fee to participate and we cover lodging and transportation.

  • We cover lodging for each team up to three rooms for three days in a Fort Worth hotel.
  • We provide transportation between the hotel and TCU for the entire two-day competition, and to and from the off-campus dinner Friday night.
  • Participants are responsible for air/ground transportation to and from Fort Worth, Texas, and transportation between the airport and hotel.

 

Undergraduate Students Only

This competition is limited to undergraduate college students only, as defined below.

  • U.S. Students: Only currently enrolled undergraduate college students or students who graduated in summer/fall 2018 are eligible.
  • International Students: Only currently enrolled undergraduate college students are eligible. Since some international students earn a bachelor’s degree in three years, those students may participate within their fourth year of university only.

 

Team Composition and Participation

  • Only 1 team/plan allowed per university for the competition.
  • UPDATED FOR 2019: Teams are to be comprised of a minimum of 2 members but may have more.
  • UPDATED FOR 2019: At least 2 team members must participate in the presentation. More may do so.
  • Team members may represent any discipline of study and are not limited to the business school.
  • Teams must have a faculty/staff sponsor who will authenticate that the business plan was prepared under faculty supervision or as part of regular university coursework.

 

Criteria for a Values-Centered Venture

A values-centered venture contributes to the well-being of specific internal or external stakeholders through products, services and/or profits.

  • Ventures submitted for the Values and Ventures® competition must be for-profit, values-centered enterprises. Nonprofit ventures are not allowed.
  • Plans must demonstrate a societal or environmental need to be filled, as well as the profitability of the business.

Examples:

  • For-profit businesses that also support the social or economic goals of customers, communities, employees, suppliers and/or the environment 
  • Contributions to sustainability
  • Innovations in health, life or energy
  • Opportunities for underrepresented groups in business
  • See past winners here.

 

About the Competition

Pitch presentations will be made at 30-minute intervals with the following time limits strictly enforced:

  • 12 minutes for presentation with visual aids
  • 10 minutes to respond to questions and answers from judges
  • 8 minutes for judges’ evaluations, discussions, breaks

Day One

  • Concurrent Presentations: All teams grouped by flight. Top team from each flight advances.
  • Lightning Round: Second-place teams from each flight compete consecutively. Top two advance.
  • Finalists Announced: Dinner off campus and announcement of finalists.

Day Two

  • Finalist Presentations: Consecutive presentations by all finalists.
  • Elevator Pitch Competition: One member from each non-finalist team may participate in a 90-second elevator pitch.
  • Bolin Innovation Forum: Transformational thought leaders share their innovative insights.
  • Awards Ceremony on the TCU campus.

 

How to Apply

  1. Read and follow all rules. Click here to download the rules document.
  2. Submit Intent to Compete form (nonbinding) here online beginning October 15, 2018.
  3. Submit Application and executive summary of venture concept here by 5:00 p.m. CST, February 27, 2019.
  4. Universities may submit more than one application, but only one team/plan per university is allowed for the competition.
  5. All venture concepts must meet eligibility criteria and abide by the Values and Ventures® Competition rules.
  6. Not all who apply will be invited to participate. Participants will be selected based on the strength of the application, executive summary of the venture concept and short answer questions. 
  7. Universities selected to compete will be notified by March 1, 2019.
  8. Selected universities must submit complete business plans (one per university) formatted according to the Values and Ventures® Competition Rules by 5:00 p.m. CST, March 26, 2019, to VandV@tcu.edu.

 

Rules

All participants must abide by the official rules. Click here to download the rules document.