ADVISORY, June 07, 2016 (GLOBE NEWSWIRE) --
Jon Brumley Texas Venture Labs at The University of Texas at Austin will visit the Nasdaq MarketSite in Times Square to celebrate the 2016 winner of the Texas Venture Labs Investment Competition.
In honor of the occasion, Rob Adams, Director of Texas Venture Labs, and Matt Mato, President of the 2016 TVLIC winner Progrys Field Solutions, will ring the Closing Bell.
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Wednesday, June 8, 2016 – 3:45 p.m. to 4:00 p.m. ET
The McCombs School of Business Media Contact:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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A live stream of the Nasdaq Closing Bell will be available at:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx
To obtain a hi-resolution photograph of the Market Close, please go to http://business.nasdaq.com/discover/market-bell-ceremonies and click on the market close of your choice.
In the early 1980′s, two Texas MBA students yearned for a business school activity as challenging and prestigious as “moot court” in law school. They envisioned a competition in which MBAs working in teams would conceive an idea for a new business, develop the idea in a written business plan, and present the plan to a panel of entrepreneurs, venture capitalists, accountants and lawyers.
In 1984 this vision was fulfilled when the Graduate School of Business at The University of Texas at Austin held its inaugural Venture Labs Investment Competition (VLIC). It was the first competition of its kind for MBA students. With aspiring entrepreneurs soliciting start-up funds from experienced investors, the VLIC simulates the real-world process of raising venture capital. From among myriad offerings is selected the best new-venture opportunity. With a more than 32-year history, the Competition is the oldest operating inter-business school competition in the world.
The Texas Venture Labs Investment Competition has been expanded to biannually with increased prizes for University of Texas at Austin graduate students from any discipline.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and nearly 17,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.