To speed the start-up process for student (and faculty) entrepreneurs, the University of Texas is launching a program called Texas Venture Labs.The university-wide initiative will guide entrepreneurs through the company birthing process and connect them with business, technology and legal resources. Funded by alumni from the McCombs School of Business, where it is housed, Texas Venture Labs will selectively take on projects and provide (student) labor to help the firms get off the ground. That includes doing market research, developing ...