TNVC competitors vie for more than $380K in cash and investment prizes
With a total pool of $380,000, $165,000 in cash and $215,000 in in-kind and investment prizes, this is the largest prize pool yet for the Texas A&M New Ventures Competition (TNVC). This year’s startups include companies from across a wide spectrum of fields including healthcare, IT/software, digital health, transportation and clean energy technology.
At the May 17 competition, judges will narrow the field of 16 semifinalists from across Texas down to six finalists. Judges for the finals are Dr. Ashok Gowda, founder and CEO of BioTex; Dave Fox, angel investor and founder of Blue Baker restaurants; Pat Matthews, founder and general partner of Active Capital; William P. Ramey III, founding partner of Ramey & Schwaller, LLP; Jessica Traver, 2017 TNVC winner and CEO of IntuiTap Medical; and Louis A. Raspino, super-angel investor member of the GOOSE Society.
The finalist and elevator pitch cash prizes are as follows:
1st place – $50,000
2nd – $35,000
3rd – $25,000
4th – $15,000
5th – $10,000
6th – $5,000.
1st – $5,000
2nd – $3,000
3rd – $2,000
Special prize awardees will be chosen by their sponsor, for which all 16 semifinalists and two alternates are eligible.
The final judging round begins at 1 p.m. and is open to the public and the media. The finals will take place in the All American Club at Kyle Field.