On February 9, four teams from the University of Texas at Austin
will participate in the annual Texas Moot Corp® Finals Competition.
The Competition has become an annual launch for aspiring
entrepreneurs who are graduate students at UT Austin and the winner
will land a berth in this year's Global Moot Corp Competition in
May.
The competing teams are a diverse group with varied backgrounds:
FitCoach.com and NANOTaxi come from both the MBA and TEMBA programs
and the NANOTaxi team includes graduate students from UT's Physics,
Mechanical Engineering, Biomedical Engineering and doctoral
programs. MacuCLEAR and Sixth Sense are teams from the Master of
Science in Science and Technology Commercialization (MSSTC) program
at the IC2 Institute.
The Competition simulates the real-world process of raising
venture capital. The judges function as an investment group seeking
to reach consensus on the business venture they would most likely
fund. The quality of the idea, the strength of the management team
and the clarity and persuasiveness of the written plan and oral
presentation all influence the judges’ decisions.