Rice Alliance for Technology and Entrepreneurship
The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice University’s nationally-recognized initiative devoted to the support of technology commercialization, entrepreneurship education, and the launch of technology companies. It was formed as a strategic alliance of three schools: the George R. Brown School of Engineering, the Wiess School of Natural Sciences and the Jesse H. Jones Graduate School of Business in collaboration with the Vice Provost and the Office of Research.
The Rice Alliance is a catalyst for building successful ventures through education, guidance and connections. Its mission is to support the creation of technology-based companies and the commercialization of new technologies in the Houston community and Southwest.
Since its inception in 2000, more than 2,860 companies have participated in over 220 Rice Alliance programs and have raised more than $20.1 billion in early-stage capital. More than 52,000 individuals have attended Rice Alliance events and over 30,000 individuals subscribe to the Rice Alliance Digest newsletter.
The Rice University Business Plan Competition is the World’s Richest and Largest, awarding more than $21.8 million in prizes since 2001. Over 237 past competitors are in business today or successfully exited having raised nearly $2.675 billion in capital and and over $1.23 billion in exit dollars.
OwlSpark Accelerator was founded in 2012 to ignite a passion for entrepreneurship within the Rice community. OwlSpark provides hands-on entrepreneurship experiences and a roadmap from innovation to commercialization. The program has served 63 startups and more than 159 entrepreneurs. Of those, 48% are still active, and have raised over $24M in funding.
Hosted three times a year, industry specific venture forums bring together investors and promising tech ventures, along with expert speakers. Ventures that participated in the energy, life science and digital forums have raised $18 billion in capital. 200+ have had successful exits, and 1,075 companies are still in business today.