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.
ELIGIBILITY: Undergraduate Students Only
This competition is limited to undergraduate college students only, as defined below.
- Eligible U.S. Students and International Students: Only currently enrolled undergraduate college students taking classes during the 2020-32 academic school year (August 2020 – May2021) are eligible. Students who completed their studies and will graduate in December 2020 are also eligible, provided they have not started graduate school or are taking graduate-level courses at the time of the competition.
- Ineligible Students: Undergraduate students who completed courses and graduated prior to December 2020, are enrolled in a graduate program, or are taking graduate courses are ineligible to compete. They may be listed on the team, provided there are at least two undergraduate students also on the team. Graduate and graduated students on the teams may attend the competition, but will not be permitted to pitch, present or take part in any Q&A.
- Ventures that have participated and won money in previous Values and Ventures Competitions 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.