Capitalizing Ideas

 

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 startups and tech companies.

Our mission enables the creation and success of startups and the commercialization of new technologies in the Houston community and beyond.

For more than 20 years, the Rice Alliance has served as a hub for entrepreneurial efforts at the university. We champion the adoption and growth of new programs by weaving an entrepreneurial mindset across campus—from nurturing the formation of new ideas to encouraging engineers, scientists and researchers to turn their work into commercial success to connecting founders with mentors and investors. With backing from former Rice University President, Dr. Malcolm Gillis, the Rice Alliance was founded in 2000 as a catalyst for entrepreneurship at Rice through 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. We continue to have close relationships with all three schools and aim to work with groups across campus to elevate Rice’s entrepreneurial ecosystem.

The desire to forge a foundational connection to the growth of Houston's startup ecosystem is at our core. Our long-time partnerships bridge Houston’s entrepreneurial ecosystem with Rice's campus. We’re proud to be located in the heart of the most diverse city in the country, assisting founders and supporters, while also bringing some of the top emerging startups to the bayou city for networking and investment. 

20 Years of Startup Support

2,860

Companies have participated in 250+ of our programs

$20.1B

In funding raised by participating companies 

#1

Graduate Entrepreneurship Program 2 years in a row by Princeton Review and Entrepreneur Magazine

A Catalyst for Entrepreneurship

The Rice Alliance is a catalyst for building successful ventures through education, guidance and connections. Since 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 53,000 individuals have attended Rice Alliance events and over 30,000 individuals subscribe to the Rice Alliance Digest newsletter.

money rice business plan competition

Host of the World's Largest and Richest Intercollegiate Startup Competition

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.

RBPC was a tremendous boost to our company in the early stages.  The funding and mentorship we received helped shape our company and contributed greatly to our success.  We are very grateful for the opportunity to have participated. 

 

Jared Greer

RBPC Competitor

Students leaning on wall giving thumbs up

Founder of Rice University's Startup Accelerator

The 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.

OwlSpark was the ultimate integration of everything I learned during my MBA at Rice. I was challenged to use all that I had learned about business to start building a REAL company. The intensity of the program, its quality leadership and the network I’ve built during the summer have increased the value of my Rice education exponentially. I feel like the single luckiest MBA of our class because I had this experience.

 

Camille Nichols

OwlSpark

Texas Life Science Forum

A Connector for VC and Startups

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.

wind turbine

An Innovator in Energy

The Rice Alliance Clean Energy Accelerator is the newest accelerator, founded in 2021, to increase the likelihood of success for early-stage global startups advancing solutions for a cleaner, more efficient and sustainable future. Class 1 of the Rice Alliance Clean Energy was delivered virtually, kicking off June 28th. 12 startups participated with 150+ mentor engagements, 100+ speakers, coaches and mentors, and 50 training workshops. 

The course that CEA is putting us through is FANTASTIC!!! Although we've been around the block several times with other ventures, these series of sessions have shown us how much more we still can learn and improve…. This is one of the BEST accelerators I've had the pleasure to be part of.

 

Steve Ferrero

CEA Class 1 Founder

Recent recognition:

  • 2022 #3, 2021 #15 and 2020 #11 Best MBA Entrepreneurship Program, Rice Business - Global Ranking - Poets and Quants
     
  • 2021 and 2020 #1 Best U.S. Graduate Entrepreneurship Program, plus 12 consecutive years (2010 to 2021) in top 10, Rice Business - Princeton Review and Entrepreneur Magazine
     
  • 2021 #5 MBA entrepreneurship program in the U.S., Rice Business - Bloomberg News BusinessWeek ranking 
     
  • 2022 - #10 Best U.S. Graduate Entrepreneurship Program, Plus 10 consecutive years (2012 to 2021) in top 20, Rice Business - US News & World Report
     
  • 2014 and 2013 #1 Global University Business Incubator, Rice Alliance - UBI Index
     
  • 2013 Top 20 Global Entrepreneurship Programs, Rice Business - BusinessWeek International
     
  • 2013 #1 Global EMBA, Rice Business - Financial Times
     
  • 2013 Outstanding Contributions to Advancing the Discipline of Entrepreneurship, Rice Alliance - GCEC
     
  • 2012 #7 Best College for Aspiring Entrepreneurs, Rice Business - Huffington Post and Unigo
     
  • 2012, 2009 Marketer of the Year, Rice Alliance - American Marketing Association
     
  • 2011 National Model MBA Entrepreneurship Program, Rice Business - USASBE
     
  • 2011 Nasdaq Center of Entrepreneurial Excellence, Rice Alliance - GCEC
     
  • 2009 Outstanding Center for Entrepreneurial Leadership, Rice Alliance - GCEC
     
  • 2009 Excellence in Specialty Entrepreneurship Education – Technology Entrepreneurship, Rice Alliance - GCEC
     
  • 2009 Outstanding Technology Entrepreneurship Program, Rice Business and Rice Alliance - USASBE
     
  • 2008 Houston’s Greatest Economic Development Ally, Rice Alliance - Greater Houston Partnership
     
  • 2007 Outstanding Contributions to Venture Creation, Rice Alliance - GCEC

 

Other Facts: 

  • 500+ companies and individuals currently provide annual financial support for the Rice Alliance
  • 50+ start-up companies have been launched based on Rice University technology and/or Rice affiliations since the founding of the Rice Alliance
  • Rice is a leader in innovation and led the nation in 2010 in disclosures per $1M of research (per AUTM)
  • The Rice Alliance and Rice Business Plan Competition have been featured in FORBES, CNN/Money.com, CNBC, The New York Times, FORTUNE, Entrepreneur magazine, U.S. News & World Report, Financial Times and The Wall Street Journal
  • 300+ judges participate in the competition, of which more than 50% are current investors (venture capitalists, angel investors and early-stage pirvate equity investors)
  • More than 185 corporations, government and private organizations sponsor the RBPC

 

Capitalizing Ideas

Meet the team

The Rice Alliance team is a group of individuals with a passion for empowering startups to achieve their visions.