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Building an Entrepreneurial Community at VCU
Transcript of Building an Entrepreneurial Community at VCU
at the speed of THOUGHT DaVinci INNO sequence HUMS 591 MGMT 435-436 ENGR Senior Design ARTS 493 VCUarts Undergraduate Research Grant Teams Venture Creation Competition Teams Alternate VCU Brandcenter Friday Forums Cross-Disciplinary Grad Student Projects CEO Stories Seminar Entrepreneurship Organization Meetings Student Organization Projects Design Expo Projects City of Richmond i.e. Events University of Richmond Law Consultation 804RVA Networking Events Idea Generation Idea Pipeline Create a short, written summary of the idea and the team members in order to get a access to a whiteboard Phase I Phase III Meet with an expert and conduct research surrounding your problem Phase II Create a proposal with goals and milestones clearly outlined. Conduct market research. Phase IV Pitch the idea to a pool of interested mentors and experts in a "Shark Tank" format Phase V The Heilmeier Catechism:
A Socratic method to polish ideas 1. What are you trying to do? Articulate your objectives using absolutely no jargon.
2. What knowledge do you lack? How can you implement existing knowledge?
3. How is it done today, and what are the limits of current practice?
4. What's new in your approach and why do you think it will be successful?
5. Who cares? If you're successful, what difference will it make?
6. What are the risks and the payoffs?
7. How much will it cost? How long will it take?
8. What are the midterm and final "exams" to check for success? Give a 5 minute elevator pitch at a networking event to grow your team The project team is now vetted by experts and can proceed to a number of different options Who chooses these problems? Let students create solutions to problems they are passionate about The da Vinci Space No central position of authority Low-cost office supplies that can be used to quickly create physical designs *Faculty members are encouraged to teach cross-disciplinary classes in the space **Support from Faculty is necessary for the continuity of this system This phase will be mirrored by a crowd-sourced, online idea submission system Potential partnerships: What can VCU do to help make this happen? Pilot program with student orgs on an event-by-event basis
Publicity to stimulate faculty involvement.