YouRefund, a tax fraud prevention app developed by a University of Texas student, is among the 42 companies competing in the 2016 Rice University Business Plan Competition against 41 other businesses in the health care, energy software and robotics industries. More than $1 million in prizes are on the line.
Since the competition’s inception, more than 161 former competitors have gone on to launch their own companies and are still in business. In addition, 15 companies have sold and past competitors have collectively raised $1.3 billion in funding and created more than 2,000 new jobs, according to Rice.
