New DePaul Startup Program Helping These Students Launch New Businesses
A new startup launch program hosted by the Coleman Entrepreneurship Center and the Founder Institute will give 19 DePaul University students the opportunity to develop a business over the next four months.
With the help of 50 mentors made up of alumni from the Kellstadt Graduate School of Business, students will meet on Tuesday evenings at the Coleman Center to work on various aspects of their business plans. The program held in collaboration with the Founder Institute, a Silicon Valley-based idea-stage accelerator that has helped develop nearly 3,000 companies.
According to the school, students were required to fill out an application and take the Founder Institute’s aptitude test, which assesses problem-solving abilities, agreeableness and openness—qualities of a successful entrepreneur. The Coleman Center also hosted a mini version of the institute’s program in fall 2018 to gauge whether it was a right fit for DePaul students.
“Accelerator programs allow students to explore an idea while they have a safety net,” says Coleman Assistant Director Abigail Ingram. “Students have access to all of the university’s resources and networks, and expertise in every possible area, so it’s one of the few times in their lives where they will be plugged into a network of PhDs and specialists as well as experiential opportunities.”
One of the alumni mentors is Jason Jacobsohn (MBA ’02), who also happens to be director of the Founder Institute’s Chicago chapter. He is an adjunct instructor at the business college, and formed the Chicago chapter of the Founder Institute in 2011.
“The entrepreneurship ecosystem at DePaul is very diverse, so we’re letting the students build whatever business they want to build,” Jacobsohn says. “They also have to be prepared every week to present to mentors so that by the time they’re done with the program, if they want to present to other stakeholders or a board, potential hires, co-founders, or investors they get really good and comfortable to present their business.”
Kogod’s AU Center for Innovation Moves to Larger Facility
The Kogod School of Businesses AU Center for Innovation (AUCI) will move into AU’s Don Meyers Technology and Innovation Building, according to a recent press release from the school. The move will expand the AUCI from 400 to 2,000 square feet, making for both a physical and curricular upgrade to the entrepreneurship programs. Continue reading…
MIT Sloan Showcases Student Startups
MIT Sloan recently published a list of 17 MIT startups to watch, based on presentations of ideas Sloan students developed in semi-secrecy this past summer as part of the recent MIT Delta V startup accelerator program. Continue reading…
Imperial Event Celebrates Incubator Success
Imperial Business School celebrated the incredible growth of some of their spinout companies that developed in their incubator in a special event on July 21, according to a press release from the school. The incubator is located in South Kensington and provides office and laboratory space for science and tech-based startup companies. The incubator has helped 60 companies grow in the last decade, attracting $1.2 billion in investment. Continue reading…
London Business School Entrepreneurs Receive Start-up Support
Entrepreneurs from London Business School have been given a boost to launch new business ventures.
The School’s Deloitte Institute of Innovation and Entrepreneurship has chosen 11 start-ups to join its Incubator programme. For a whole year, the School’s Incubator will house the graduate entrepreneurs who are launching their own businesses.
This year’s winning start-ups – announced at the Institute’s Founder Awards dinner last week – each receive a one-year support package including:
• A cash injection
• Office space
• Professional support from Deloitte, Landor Associates and London Business School alumni
• Access to training and workshops
• An invitation to the E100 members-only Annual Dinner event where entrepreneurs can network with angel investors, get advice on crafting pitches and showcase their business to E100 members
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Judge Launches Centre for Social Innovation
“The social innovator needs to understand the basic business model, finance and those other business skills, but the social innovator also has to turn mission into reality,” says Neil Stott, Executive Director of the new Centre for Social Innovation at Cambridge Judge Business School.
The website for the Centre went live on 23 September, outlining the Centre’s mission and featuring various resources related to social innovation including research, events and Stott’s first blog post for the Centre; the post focuses on how the public sector is playing (in contrast to its sometimes stodgy image) an increasingly important role in social innovation, especially in the technology space.
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