Category Archives: Students

G3Box IndieGoGo | Student Entrepreneurs | #socent | ASU

Last year I interviewed 3 of the founders of G3Box when I visited ASU’s Edson Student Entrepreneur Initiative at the Skysong campus. It was during the heavy data collection phase of my dissertation research on student entrepreneurs at US Universities and Colleges.

The G3Box team recently launched an IndieGoGo campaign and are about to place their first maternity clinic in the developing world. Their goals is to  cut down on fatalities and complications during child birth.  Their vision is solve global health challenges by connecting multiple organizations. This team of ASU student entrepreneurs is truly inspiring.

G3Box Video Trailer – YouTube.

The Rise of the Hacker Space | Update on 3D Printing Venture Camp @GeorgeMasonU

This evening, I was able to work with Arlington Economic Development and Amplifier Ventures in putting on a 3D Printing Venture Camp event at GMU’s Arlington Campus. Dan Wilson of TechShop and Brian Jacoby of Nova-Labs, both hacker spaces, exhibited and sat on our panel.

Turns out that the NY Times published a piece on maker spaces today. Wonder if I can talk someone at Mason into funding maker spaces on our campus? Can we evolve MCSE coworking space and our Startup Mason curriculum into a maker space. We already have innovators from business, liberal arts, comp sci, electrical engineering, physics and design hanging out in our space.

Venture Camp tonight with multiple displays of printers, scanners, and exhibitors talking of materials sciences, rapid prototyping and the evolution of design and manufacturing. Its time for Mason to get into this emerging space.

From Steven Kurutz of the NY Times in The Rise of the Hacker Space:

Hacker spaces like MakerBar — where people gather to build or take things apart, from rockets to circuit boards to LED displays — are hives of innovation, real-world communities made possible by the emergence of virtual communities.

Businesses like Pinterest and MakerBot have grown out of hacker spaces, which have become networking venues for engineers and inventors. But at their most basic level, the 200 or so hacker spaces across the country function as a modern stand-in for the home workshop, especially in urban areas.

It’s no accident that some of the earliest and most popular hacker spaces, like Noisebridge in San Francisco and NYC Resistor in Brooklyn, are in cities where living spaces tend to be small, real estate is expensive and having a home workshop is a pipe dream for all but the very lucky or very wealthy.

“The 1950s version of tinkering was doing it in your garage,” said Dale Dougherty, who as the founder of Make magazine and its popular get-togethers known as Maker Faires is a patron saint to the hacker community. “A lot of people in urban settings don’t have that.”

“Sometimes these hacker spaces are not much bigger than a garage,” he said. “But people can’t organize their home into a workshop.”

via The Rise of the Hacker Space – NYTimes.com.

Venture College @BoiseStateLive Launches in August

Received a thoughtful email from Greg Hahn at Boise State University the other day telling me about their new Venture College. Sounds very exciting and it seems they have buy in and support from the entrepreneurial community in Boise. Can’t wait to hear about their incoming class. From Venture College’s homepage:

Venture College prepares students to launch businesses or nonprofits. This new, non-credit program is open to all full-time students in any major , especially non-business students. Students who successfully complete the program receive the Boise State University Venture College Badge.

Start-up is Fall 2013. While the application deadline has passed, we are accepting applications for the wait list. If you would like to submit an application and be added to our wait list click here to apply. We expect to notify wait list applicants on May 15 as to whether or not there is room in the program.

Interestingly, when you visit the Why Venture College page you read this…

Boise State is taking a leadership role in developing models to teach the skills necessary to succeed in the 21st century.  We are challenging traditional educational strategies and piloting new methods for superior, relevant education. One of the new models is Venture College, a skills-based program that will prepare our students, especially non-business students, to launch enterprises of economic and social value, some while they are still students.

Venture College will provide self-paced, on demand access to knowledge, intensive mentoring and an opportunity to compete for resources needed to start a business.

Venture College is a unique university-wide initiative independent of any academic college and structured as a concurrent, non-credit program for degree seeking students.  This independence from traditional course, credit and accreditation requirements frees Venture College to deliver an innovative and rigorous non-traditional experience for those students, regardless of discipline, who have a passion for starting their own businesses or working in new ventures.

Pretty exciting, glad to have learned about Venture College at Boise State and we’ll see what the Broncos come out with and what the playbook looks like in August 2013 when the first class begins.

via Venture College | Green light your dreams.

Iman Jalali: If My School Had an Entrepreneurship Major, I Wouldn’t Have Dropped Out #highered

From Iman Jalali at The Accelerators Blog at WSJ.com:

I dropped out of college because my marketing and business major wasn’t allowing me to create and build. I was listening to lectures that weren’t relevant to me or for what I already knew I wanted to do: Start a business.

I wish they had taught me about idea validation, customer acquisition and bootstrapping. That’s what would make for a great entrepreneurship program, and what would have kept me engaged and happy with the skills I was learning.

Ideally, an entrepreneurship major would not be treated like just another business major. It’s not about book learning; It’s not about lectures. It’s about finding your passion, gathering resources, testing your idea and being able to scale.

Having students create startups during their major while being mentored by founders themselves would be an invaluable experience. Legitimate businesses, with business licenses, credit-card merchant accounts — the whole nine yards. Basically a “Startup Weekend” that lasts the entire time you’re in school. Not to mention the perks of having a job after graduation and possibly creating jobs for peers if your startup is successful.

Offering an entrepreneurship program would not only help students prepare for the challenges that await them, but would also give them the hands-on experience so many current entrepreneurs wished they had at a college-level. I say, don’t deny the business-savvy minds of today’s world and fuel them with the resources they need to succeed.

via Iman Jalali: If My School Had an Entrepreneurship Major, I Wouldn’t Have Dropped Out – The Accelerators – WSJ.

Business Model, Customer Development Celebration | USASBE LAUNCH! |

Received an email the other day about a celebration / competition focusing on business models and customer development. Lots of mentoring and tools will be available for undergraduate participants. Check out the USASBE Launch competition website.

USASBE Launch! is an exciting global student startup competition designed to provoke and reward undergraduate students from any discipline who can

1) design an impactful idea,

2) identify, test and validate business model hypotheses using customer development tools and

3) show traction which measures how well a startup is delivering its business model and how well the target demographic is accepting that business model.

There is no required application process, but students can sign up to receive updates. There are no required fees or purchases, there is no required format or procedures. We will recommend a process and tools, and students can engage as much or as little as they desire. The ultimate goal of student participants should be to start a sustainable business and tell an engaging story . . . plain and simple.

via USASBE LAUNCH! | A New Generation of Possibility.

MBA Students: Why Take an Internship When I Can Start Up?

When I took an internship with a pre-IPO startup in between my 1st and 2nd years of bschool at U of C I was nearly alone on the entrepreneurship career path. Today the route is more established and the infrastructure is filling out. From Inc.

An increasing number of MBA students are foregoing traditional summer internships in favor of a start-up experience, reports Bloomberg Businessweek.

Thirteen percent of this year’s Harvard Business School graduates founded or worked at a start-up last summer—a 4 percent increase since 2011—while 9 percent of both the Wharton School of the University of Pennsylvania and Stanford Graduate School of Business’s graduating classes did the same.

“[Students] want a different skill set. They’re looking for a skill set that’s appropriate for start-ups and small fast growing companies, which is quite different from the skill set they’d need for a large company,” Prof. Erik Gordon, who teaches entrepreneurship at University of Michigan’s Ross School of Business and University of Michigan Law School, told Inc.

BTW, the BusinessWeek article by Erin Zlomek has some great information and anecdotes.

Business accelerators have become another popular destination for first-year MBA students looking to start a business over the summer. These programs, which support startups through a combination of grants and mentoring, legal, accounting, and other services, are highly competitive and frequently reject applicants who aren’t committed to dropping out of school if their companies flourish. “I made a spreadsheet of 55 or 60 accelerator programs of all different flavors. Some paid, some didn’t, some took equity,” says former Harvard student Danielle Weinblatt, 29.

Again, its great to see how much the infrastructure for entrepreneurial students is growing. As to be expected, much of this is coming bottom up or from off of campus.

via MBA Students: Why Take an Internship When I Can Start a Company? | Inc.com.

Report Says UK Struggles with Research Commercialisation | Times Higher Education | #highered

The Times Higher Education site has an interesting piece highlighting the difficulties British universities are having commercializing all of the research funding they receive from their government. A new report on the subject has supported this criticism. From Elizabeth Gibney:

“British entrepreneurs are being badly let down by a lack of access to financial support and a system that often forces them to sell out to private equity investors or larger foreign companies to get ideas off the ground,” said committee chair and Labour MP, Andrew Miller.

MPs said they had been encouraged by the work of the Technology Strategy Board and its network of “catapult” centres, but said that they were concerned about the access of small firms to facilities, and that government grant funding was often highly bureaucratic to apply for and only enough to “get an idea off the ground”.

The report, Bridging the Valley of Death: Improving the Commercialisation of Research, adds that while academic research is the “jewel in the crown of UK innovation activity”, the committee had concerns about how universities interact with the commercialisation of research.

It questions whether changes to the Higher Education Innovation Fund, which reward institutions that have already benefited from successfully commercialising their intellectual property, might further decrease the success of already struggling institutions.

“We would like to see how well changes to the Higher Education Innovation Fund improve commercialisation activity; whether there is a need for greater amounts of proof of concept funding in the sector; and challenge the institutions to become more accommodating to non-traditional backgrounds among their academic staff,” it reads.

“We have concerns that driving an innovation agenda too aggressively through universities may have diminishing returns with regard to commercialisation and risk damaging the academic research that is working well,” it adds.

via MPs criticise government over research commercialisation | News | Times Higher Education.