TNG Pharmaceuticals, a team from the University of Louisville that developed a vaccine to prevent negative effects to cattle from the horn fly, won the Global Venture Labs Investment Competition (Global VLIC), hosted by Texas Venture Labs at the McCombs School. Get the full scoop.

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Texas Venture Labs – Spring 2011 Portfolio

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Texas Venture Labs is excited to announce its deals for the current class of Spring 2011:

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Success Stories

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Explore the details of how each of these companies utilized Texas Venture Labs by clicking on their picture and reading a short case study.

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Process Overview

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Texas Venture Labs at The University of Texas at Austin (Texas Venture Labs) is a university-wide initiative to support technology commercialization, entrepreneurship and innovation, while providing a unique and directly applicable educational experience for participating students. Our purpose is to provide the intellectual horsepower to promote new venture creation at The University of Texas at Austin through education and mentoring; market and business plan validation; team-building and networking; and providing direct links to resources and funding. Located in the AT&T Executive Education and Conference Center, Texas Venture Labs builds on the entrepreneurial skunkworks that has long thrived at The University of Texas at Austin, adding resources, new ways for student entrepreneurs to engage and increased channels for successful funding of new ventures. Over $25 million has been raised over the last ten years by new ventures that have launched through the entrepreneurship environment at the McCombs School of Business. This includes eight companies that have raised a million-plus in funding and two that have gone liquid. This is an amazing record of success, particularly in an investment environment that has become very difficult for new ventures. Read more about the proven and systematic Texas Venture Labs approach and how to engage.