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 2019 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.
- Ventures that have participated and won money in a previous Values and Ventures Competition are not eligible.
Team Composition and Participation
- A university may have as many applications/ventures as they would like, but a maximum of only 1 team/plan per university will be selected for the competition.
- Teams are to be comprised of a minimum of 2 members but may have more.
- 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. ** Faculty/Staff sponsor is not required to travel with the team, but is encouraged to do so.
Criteria for a Values-Centered Venture
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.
- 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
- For more information on common components and approaches of values-centered ventures, click here.
- 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
- 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.
- 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
- Read and follow all rules. Click here to download the rules document.
- Submit Intent to Compete form (nonbinding) here online beginning October 2020.
- Ready to apply? Submit Application and executive summary of venture concept here by 5:00 p.m. CST, February 22, 2021.
- Universities may submit more than one application, but only one team/plan per university is allowed for the competition.
- All venture concepts must meet eligibility criteria and abide by the Values and Ventures® Competition rules.
- 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.
- Universities selected to compete will be notified by March 1, 2021.
- 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, April 5, 2021, to VandV@tcu.edu.
All participants must abide by the official rules.
Click here to download the rules document.