Newswise — AUSTIN, Texas — Jon Brumley Texas Venture Labs (TVL) at The University of Texas at Austin’s McCombs School of Business and Texas Venture Labs Investment Competition (TVLIC) champion, Progrys Field Solutions, will ring the Nasdaq Closing Bell on June 8 from 2:45 p.m. to 3:00 p.m. CDT at the Nasdaq MarketSite in New York City.
“It is a great honor and experience for Texas Venture Labs and the winning team of the Texas Venture Labs Investment Competition to visit the Nasdaq MarketSite and ring the Closing Bell,” said Harlan Beverly, assistant director of TVL. “We are so thankful to Nasdaq for giving TVL this opportunity each year.”
This year marked the 33rd annual TVLIC, with 25 startup companies consisting of graduate students from various disciplines across the UT Austin campus, pitching their business plans in shark-tank style competition.
Progrys Field Solutions, the 2016 TVLIC champion, is a software company that has developed digital mapping software to facilitate construction planning, scheduling, pulling materials on to project sites, and asset management in order to improve efficiency and productivity. Team members include Matthew Mato, Mark McKenzie, Saikiran Kolla, and Olu Kole-James, who are all 2016 graduates of the M.S. Technology Commercialization program at McCombs.
View the Nasdaq Closing Bell live here, from 2:45 p.m. to 3:00 p.m. CDT.
The McCombs School of Business will also be hosting a watching party from 2:30 p.m. to 3:30 p.m. CDT at the McCombs School. To attend, RSVP here.
ABOUT JON BRUMLEY TEXAS VENTURE LABSJon Brumley Texas Venture Labs (TVL) at The University of Texas at Austin is a campus-wide program to accelerate both student and community startups. Since being founded in 2010, TVL has accelerated over 115 Austin-area startups with a 37 percent post-accelerator funding rate, totaling over $384 million in outside capital. TVL has also helped graduate students from the McCombs School of Business, Cockrell School of Engineering, Texas School of Law, College of Pharmacy, and others, to launch more than 97 companies. These student-entrepreneurs use the same acceleration process as the Austin-area startups culminating in a bi-annual investor-ready startup competition called Texas Venture Labs Investment Competition (TVLIC).
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