Veterans battle for top prize at Rice Business competition

Participants in the Veterans Business Battle

The 10th annual Veterans Business Battle, hosted by Rice University’s Jones Graduate School of Business, brought together veterans, executives and students April 18-20 to network, enjoy panel discussions and observe the final round of ventures as they pitched to a panel of judges.

The Veterans Business Battle serves as a forum to connect veterans with investors, advisers and resources. This year the event included seminars geared toward emerging entrepreneurs and the seminal round of pitches from the top five competing companies. The 16 semifinalists came from across the country and represented all ranks and branches of the military. 

Participants in the Veterans Business Battle
Photos by Slyworks Photography.

MesaQuantum, the first-place venture co-founded by Air Force veteran Wale Lawal, is developing next-generation chip-scale quantum sensors for applications in advanced positioning, navigation and timing. The initial focus is the development of chip-scale atomic clocks that serve as an alternative source of timing to GPS when GPS signals are unavailable, unreliable or insufficient. 

The second-place team Ascender Systems, with Navy veteran CEO Jorge Muniz, designed a fully functional robotic climber capable of rapid deployment up vertical pipes, poles and columns in support of emergency services. The two-part Ascender System will climb and “leave behind” the payload while the “climber” can be returned to the ground, so it can be reused. 

RXpharmacist, founded by Navy veteran Maryam Khazraee, secured third place. This startup aims to be an all-inclusive platform for pharmacists, supporting them throughout their journey from student to licensed professional. It provides assistance with licensure exams, certifications, license maintenance and securing full-time employment. 

Since its beginning in 2015, the competition has inspired and encouraged veterans to become successful entrepreneurs. Over the years, more than $5 million worth of investment offers have been extended to finalists. 

Participants in the Veterans Business Battle

Established in 2011, the Rice Business Veterans Association is dedicated to providing a platform for veterans pursuing business careers. The number of veterans at Rice Business has grown from just a handful to more than 10% of students enrolled in the MBA program. The Veterans Business Battle was conceived by members of Entrepreneurs’ Organization Houston who were inspired by the determination and accomplishments of these students. Rice Business Veterans Association members manage logistics for the event and, alongside other Rice MBA students, serve as coaches to the semifinalists to help them prepare for the competition.

The Rice Business Military Scholars Program aims to attract the most talented veterans and enable them to transition smoothly from military service to a rewarding civilian career. Rice Business recognizes our obligation toward those who have served our country. The skills gained in the military — emotional intelligence, effective leadership, cultural sensitivity and can-do attitudes — elevate the educational experience for all students.

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