Austin tops the Kauffman Institute Index for Metropolitan Startup Activity for 2015 and is No. 1 for U.S. STEM job creation (Dallas and Houston closely follow). At its core is a university with the determination to change the world through research, technology commercialization, and of course, teaching that inspires creativity and innovation in our thousands of graduates. McCombs is organized on the confident belief that no school in America should be producing more new ventures than our school, period. We further believe that an entrepreneurial mindset is beneficial to all graduates, regardless of their career path.
Built on the foundation of a grant from Southwest Airlines founder Herb Kelleher, the Kelleher Center develops and communicates new knowledge about entrepreneurship; publishes case studies; develops programming and resources to promote entrepreneurship by McCombs and UT students; fosters academic and business collaboration; and facilitates the development of successful entrepreneurs.
The Kelleher Center will partner with the McCombs Texas BBA program as it creates academic and practice-focused opportunities that propel our students toward an entrepreneurial mindset.
This campus-wide initiative exposes students to entrepreneurship and helps founders get “investor ready.” Key initiatives include the JBTVL Accelerator and the Texas Venture Labs Investment Competition (TVLIC). Assistant Director Harlan Beverly, MBA ’04, teaches Lean Startup Essentials at the undergraduate level.
Over $4 million has been raised to create these specialized courses, which are open to all UT majors. These courses expose students to business, law, geoscience, and petroleum operations, including field experiences such as a well-site visit supported by BHP Billiton.
Health Care Initiatives
McCombs has partnered with health care innovator DaVita to create the first Undergraduate Health Care Case Competition in 2016, in conjunction with Healthcare@McCombs. Three new undergraduate business classes in health care management, operations, and policy/law are included in our new Business of Health Care certificate program. Over 50 percent of applicants are pre-med, and two McCombs graduates were admitted into the UT Dell Med first class of medical students.