Venture Development Incubator Program (VDIP)

Fall 2017 VDIP Key Dates

  • Applications released: July 1st, 2017.
  • Applications due: August 25th, 2017
  • Decisions announced: August 31st, 2017
  • VDIP Fall 2017 term: September 11th, 2017 through June 11th, 2018

The Venture Development Center at UT Dallas provides a custom, mentor, and milestone driven 9-month incubator program- VDIP coupled with state of the art facilities to help grow your business. By focusing on your business, customers, market, and key development needs our team of business and technical experts can assist you. We understand that there is no simple formula for success and growing a business requires significant time and energy. We provide the basic resources, education, and mentorship necessary for growing a business.

Each company accepted into the incubator program will have access to the following:

Initial Assessment and Benchmark

Our team has developed a systematic process for assessing where your business currently stands and what next steps are needed. Through our assessment process, we will establish a benchmark and place resources around you to increase your chances of success.

Action Plan

After the assessment, we will use a simple framework for working with your team to develop milestones, key actions, and resources needed to help you in meeting your goals. Over the subsequent 9 months, the VDC team with support from IIE faculty and venture advisors will assist you in implementing the action plan set forth with regular accountability and resource support.

Programmatic and Community Engagement

Over the 9 months you are involved in our incubation process, we will leverage internal training programs through the Institute for Innovation and Entrepreneurship such as the Entrepreneurial Development Series and Comet Accelerator program. These programs, coupled with education, networking, and mentorship across the startup community will help place you on a path to success.

Fundraising Strategy and Connections

Incubator clients will work with our team to define fundraising needs and key milestones that will enable connections into the capital community. Opportunities to pitch in front of investors, as well as direct introductions, will be facilitated.

Customer Development and Partner Introductions

Our team will work with the company to leverage our network in connecting their business with industry contacts for partnership and customer development opportunities.

PR and Communications

As a client of the VDC, you will have access to communications and public relations support directly through the UT Dallas network and indirectly through VDC team led introductions.

Interns

By partnering with the Venture Development Center, clients will have access to high-quality undergraduate and graduate students at UT Dallas who are passionate about internships with high growth startups.

Facilities and Labs

As a client of the Venture Development Center, you will have access to facilities and labs at cost-effective prices with the opportunity to work with world-class faculty on research, grants, and commercialization.

Online Engagement and Resources

Through our online platform, Slack, team members will be able to share resources with each other and engage with the VDC team, faculty from UT Dallas, and mentors