ADVISORY, June 10, 2013 (GLOBE NEWSWIRE) --
The Global Venture Labs Investment Competition from The University of Texas at Austin will visit the NASDAQ MarketSite in Times Square. The Competition offers opportunities for graduate students from around the world to obtain funding for new ventures. Forty teams from 11 countries competed this year.
In honor of the occasion, Rob Warren, Director of the Global Venture Labs Investment Competition, and Visolis, from the Indian School of Business, 2013 Global Champion, will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, June 11, 2013 – 3:45 p.m. to 4:00 p.m. ET
The Global Venture Labs Investment Competition
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About The Global Venture Labs Investment Competition:
The Global Venture Labs Investment Competition, now in its 30th year, is produced by Jon Brumley Texas Venture Labs at the McCombs School of Business, The University of Texas at Austin. The Global Venture Labs Investment Competition is an annual, graduate student-centric event designed for new ventures from around the world to obtain funding and feedback from investors and successful entrepreneurs. The competition simulates the real world process of raising venture capital. The Competition is the oldest operating inter-business school competition in the world and has been named "the Super Bowl of world business plan competitions."
Visolis is developing the next generation of biocatalysts that can convert renewable feedstocks into chemicals and fuels at a price point competitive with petroleum-based processes. The team from the Indian School of Business will offer a way to reduce the environmental impact with sustainable alternatives to petroleum-based products for a wide range of industries.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
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