Extrapreneur Rules and Requirements

Please review the requirements, in full, before submitting your application.  Any company that does not meet the eligibility requirements will not be considered for participation.

 

Rules & Scoring

 

Application Process

Teams submit their applications online. The applications will need to include the resumes of team members, and an executive summary (your business plan).

Review & Scoring

Submitted applications & supporting documentation will be independently reviewed & scored by a panel of Extraco senior business leaders, & the top 5 teams will be selected to present.

Presentations

Each team will be assigned an Extraco business mentor as a consultant prior to the presentation. The teams will then present their PowerPoint to the panel, who will independently score the presentations to select a winner.

 

Presentation Format Rules

The top 5 teams will make a presentation to the Extraco selection panel.  Prior to presenting, each team will be assigned an Extraco business mentor as a consultant.

  • Presentations are limited to 10 minutes with an additional 10 minutes for questions. 
  • The presentation must be made utilizing PowerPoint.
  • There is a maximum limit of 4 presenters per team.

 


 

Eligibility Requirements

 

Company Residence

A business that must operate in one of the following counties:
Bell, Brazos, Coryell, Hamilton, McLennan or Williamson Counties

 

Profit & Revenue

All applicant companies must be for-profit.  
No franchise purchases will be allowed.  The company's annual revenue may not exceed $3 million a year.

Ownership

All owners must be at least 20 years of age & be able to provide proof of U.S. residency or Visa.
The primary presenter must have a minimum of a 20% equity position.

 


 

Application Requirements

Prior to starting the application process, please make sure you have:

  • Read through the Eligibility Requirements.
  • Reviewed the Timeline of Important Dates (above).
  • Attended an  (optional) "After Hours" session. 
  • Compiled all of the documentation required to apply.

 

Documents Needed to Apply

Prior to starting the application process, please make sure you have:

  1. Executive Summary (Your Business Plan)
  2. Resumes of Executive Management