Rice Business Plan Competition

Deadline: February 28, 2023

The competition, just completing its 22nd year, gives collegiate entrepreneurs real-world experience to pitch their startups, enhance their business strategy and learn what it takes to launch a successful company. Hosted and organized by the Rice Alliance for Technology and Entrepreneurship—Rice University’s internationally-recognized initiative devoted to supporting entrepreneurship—and Rice Business. Over 20 years, it has grown from nine teams competing for $10,000 in prize money in 2001 to 42 teams from around the world competing for more 2 million in cash and prizes. 

Benefit

We provide an intense, immersive experience over the course of three days for student startup founders to pitch to investors, receive multiple rounds of feedback and advance their startup.
There will be over $1 million in prizes, and all 42 teams who compete at Rice University in Houston are
guaranteed to win cash prizes. Currently, the minimum cash prize is $800, and the grand prize winner
receives a $350,000 investment (typically in the form of a convertible debt note.)

We provide an intense, immersive experience over the course of three days for student startup founders to
pitch to investors, receive multiple rounds of feedback and advance their startup.
There will be over $1 million in prizes, and all 42 teams who compete at Rice University in Houston are
guaranteed to win cash prizes. Currently, the minimum cash prize is $800, and the grand prize winner
receives a $350,000 investment (typically in the form of a convertible debt note.)

SEE ALSO: MEPI Leadership Development Fellowship 2023

Eligibility Criteria

YOU ARE INITIALLY ELIGIBLE FOR RBPC 2023 IF YOUR STARTUP:

• is student-driven, student-created and/or student-managed
• has at least two current student founders or management team members, and at least one of those students is a current graduate degree-seeking student
• are from a college or university anywhere in the world
• has not raised more than $250,000 in equity capital before July 1, 2022
• has not generated revenue of more than $100,000 in any 12 months before July 1, 2022
• is seeking funding or capital (or will be in the next 12 months)
• is a potentially viable investment opportunity

Application Procedure

One member of your startup, the designated leader and main contact going forward, should complete the
simple online application by:
• Answering the survey questions
• Attaching an Executive Summary in PDF format (maximum five pages)
• Providing a link to a Video Elevator Pitch (maximum 2 minutes) – optional
Multiple student startup teams from the same school, institution or university centre may apply to compete.
There is no limit on the number of applications per school.
Startup teams comprised of students from more than one school may apply.
Student startup teams from universities across the US and the world can apply.
There are no fees to apply or to compete.
Once an application is submitted, no changes can be made.
Submit your application online from the competition website: www.rbpc.rice.edu

Application Registration Deadline: 28th February 2023

To Apply: Click here

Official Website: Click here