
Winning teams will take part in the 2024-25 cohort and have $25,000 in seed money to work with.

The gift will also establish a new scholarship for full-time students in the Edward E. Whitacre Jr. College of Engineering who are employed.

The center is part of a $15 million investment establishing six university-based centers across the country.

Jim McCarley was inspired by his career experience to support young entrepreneurs at the Texas Tech Innovation Hub.