Cash Prizes & Awards

$800,000 in cash and in-kind prizes will be awarded during the 2009 Rice Business Plan Competition. A $125,000 investment will be offered to the Grand Prize winner of the competition in addition to $20,000 cash, and $80,000 of in-kind services.  Three additional $100,000 investment prizes will be awarded in Life Science and Energy/IT/Nano/Aerospace and Tech Transfer.

All teams are guaranteed to win at least one cash prize. Over $160,000 in cash will be distributed among the 36 teams, in addition to the four investment prizes totaling $425,000, plus approximately $150,000 in in-kind prizes will be awarded to the twelve Finalist teams.

Finalists

 Grand Prize    
  $125,000 Investment Sponsored by The GOOSE Society of Texas  
  $20,000 Cash  
  $80,000 In-kind Awards, including:
           
  • Branding Design & Marketing Commnications from Brand Extract & The Padgett Group ($25,000)
  • Free office space and services at Houston Technology Center ($25,000)
  • Free web site and hosting from ContentActive, LLC ($17,550)
  • Business Mentoring from Silver Fox Advisors ($3,600)
  • Receives opportunity to present business idea to Houston Angel Network ($750)
  • Roundtrip tickets on Continental Airlines ($3,000)
  • Ring the NASDAQ bell in NYC
  • Invitation to Compete at MOOT CORP

 Second Place Team  $15,000 Cash
 Third Place Team  $  7,500 Cash
 Fourth Place Team  $  5,000 Cash
 Fifth Place Team  $  4,000 Cash
 Sixth Place Team  $  3,000 Cash
 Seventh Place Team  $  3,000 Cash

Top 3 Finalists receive:  Business Mentoring & Coaching from Silver Fox Advisors ($3,600 value)
Top 7 Finalists receive:  "Plug and Play" environment from 1-Service.com ($2,000 value)
All 12 Finalists receive and Wildcard Teams receive:  Microsoft Office and Windows Server software ($1,450 value)

Investment Prizes

Greater Houston Partnership/Opportunity Houston
Investment Award - Life Science
$100,000 Investment - Best Life Science Technology Company
(Relocation to Houston required)
   
Greater Houston Partnership/Opportunity Houston
Investment Award - Energy/IT/Nano/Aerospace
$100,000 Investment - Best Energy/IT/Nano Aerospace Technology Company
(Relocation to Houston required)
DFJ Mercury Tech Transfer Investment Prize $100,000 Investment - Best business plan based on technology that is a university "spin-out"

Special Awards

Please review the official rules for special awards which outlines the requirements to qualify for the following awards.

 Dow Sustainability Award

 $20,000 - Best Sustainability Business Plan

 NASA Earth/Space Life Science Innovation Award

 $20,000 - Best LS plan with earth/space applications
 NASA Earth/Space Engineering Innovation Awards (3)  $20,000 - Best Eng. plan with earth/space applications (3)
 HFBE 2nd Place Sustainability Award  $5,000 - Second Place Sustainability Business Plan
 Fish & Richardson IP Powerhouse Award  $2,500 cash Best Intellectual Property + 
 $12,500 in-kind Patent Application Services
 BBVA Compass Bank
         International Team Award
 $2,500 - Best International Team
 Essex Woodlands Life Science Award  $2,500 - Best Life Science Business Plan
 Medical Device Award  $2,500 - Best Medical Device
 Palo Alto Software
         Outstanding Business Plan Award
 $2,500 - Best Written Business Plan
 Pearland Economic Development Corporation
         Outstanding Nanotechnology Award
 $2,500 - Best Nanotechnology Business Plan
 Herrera Partners Hispanic Business Plan Award  $2,500 - Best Business Plan from a Hispanic Team
 RPSEA Energy Award  $2,500 - Best Energy Business Plan
 I.T. Award  $2,500 - Best I.T or Wireless Business Plan
 Houston Business Journal
          Sales & Marketing Award 
 $2,500 - Best Sales and Marketing Plan
 
 Greenberg Traurig LLP  $1,000 - Best Company Showcase

Social Venture Award

New Special Track:  $10,000 Sheafor-Lindsay Social Venture Award
This is a complimentary competition for social ventures - participants will not advance to final round.

Murphree Venture Partners Wildcard Round

 First Place Team  Advances to Final Round
 (Min. cash prize of $2,000)
 Second Place Team  $1,500
 Third Place Team  $1,000
 Fourth Place Team  $1,000
 Fifth Place Team  $750
 Sixth Place Team  $750

Challenge Rounds

 Challenge Round A  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200
 Challenge Round B  1st Place:  $750  2nd Place:  $600  3rd Place:  $450   4th Place:  $200
 Challenge Round C  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200
 Challenge Round D  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200
 Challenge Round E  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200
 Challenge Round F  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200
 Challenge Round G  1st Place:  $750  2nd Place:  $600  3rd Place:  $450  4th Place:  $200

Austin Ventures Elevator Pitch Competition

 First Place Team  $1,000
 Second Place Team  $750
 Third Place Team  $750
 Fourth Place Team  $500
 Fifth Place Team  $500

Teen Awarded Elevator Pitch  $1,000

Copyright © 2007 Rice Alliance • Rice University
P.O. Box 2932 • Houston, Texas • 77252-2932
Powered by xCatalyst.