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<span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;"><span><span style="color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">It is necessary to match up appropriate skill sets between students at Washington University. Students need to know where they can find students who are actively looking to join</span></span></span></span><span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">In the course of our work<span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;">startups,</span></span></span></span><span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;"><span><span style="color: rgb(0, we have identified crucial gaps in Washington University’s entrepreneurship ecosystem. First of all0, students with ideas 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">so that they do not waste time chasing leads that do not know where want to look to find the right skillsjoin their ventures. Finance or Marketing majors</span></span></span></span> <span style="font-size:larger;"><span style="font-family:arial, for examplehelvetica,sans-serif;">Spring 2017:</span></span> <span style="font-size:larger;"><span style="font-family:arial, do not know how to find Computer Science majors who are seeking to join startupshelvetica, sans-serif;">We tested an analog prototype of a web-based subscription service where people can input their skills and vice versabe contacted by people with skills they are looking for (an "EHarmony for forming startup groups"). It is necessary We would need to verify that non-students will have sufficient incentive to also subscribe to this service as potential mentors for a way to match skills on campusproject. Furthermore</span></span><br/><br/><br/><br/><span style="font-size:larger;"><span style="font-family:arial,helvetica, once students sans-serif;">Spring 2016:</span></span> <span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;"><span><span style="color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">We have already developed and sent out a viable team assembled, they do not know what steps they should take Skills Survey to launch their business and often get so bogged down in details that they fail to make progress. Having a mentor network of experienced entrepreneurs who have attended Washington University in St. Louis would help guide students toward launch. After students launch, that asks about the skills they often currently have little to no capital on hand. Small amounts of seed funding (below $5business, marketing, technical,000sales, etc) and the skills they would give a vital boost like to their businesseslearn. Finally</span></span></span></span><br/><br/><span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;"><span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="color: rgb(0, 0, they often 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">We have very little time received around 50 responses, but we need to dedicate promote the survey more widely to their startups during reach interested members of the year due student population. We also need to obligations from classes. For this reasonshare it among the graduate programs at Washington University, a summer since our entrepreneurship program should allow them is one of the few that allows both undergrads and grads to work on their ideas independently while receiving a stipend to allow them to live in St. Louisparticipate.</span></span></span></span>

= <span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Priority #12: Skill MatchingMentor Network</span></span> =

<span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">It is necessary A mentor network would allow students to receive crucial advice as they go through various stages in founding their startup. When students are in the early stages of developing their ideas, we can match up appropriate skill sets between them with other students at Washington Universitywho have recently launched startups who can guide them through the process of executing on an idea. Students need As they progress to know where they more advanced stages and gain revenue or further funding, we can find students leverage Washington University’s alumni networks to match them with experienced entrepreneurs who are actively looking can give advice appropriate to join startups, so the stage that they do not waste time chasing leads that do not want to join their venturesare in.</span></span>

= <spanid="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Priority #3: Seed Fund</span></span>=

<span styleid="fontdocs-internal-guid-63a692bd-d484-66b7-42fc-size:small;278186a37723"><span><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Students often lack the capital needed to execute on their ideas. Small sums in the university’s budget are life-changing sums for students seeking to start businesses. Small amounts of funding (often under $5,000) would allow them to purchase necessary services, form legal entities, and outsource work as appropriate. Heads of various schools at Washington University and applicable professors (e.g. entrepreneurship professors) should be given a portion of a seed fund to allocate as they see fit. The university currently uses business plan competitions to allocate funding, but those do not properly evaluate how a startup progresses over time and how the founders work day-to-day. Allowing faculty to act in a fashion similar to small-scale angel investors would give students the ability to further their businesses.</span></span>Spring 2016:</span>

= <span style="font-size:smalllarge;"><span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-colorPriority #4: transparent;">We have received around 50 responses, but we need to promote the survey more widely to reach interested members Increasing awareness of the student population. We also need to share it among the graduate programs at Washington University, since our entrepreneurship program is one of the few that allows both undergrads and grads to participate.</span></span>Design Thinking</span>=

= <span id=The term "docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723Design Thinking"><span style="font-size: 14is virtually unknown at WashU. A lot of students set out to solve a problem by trying to tackle the whole thing at once.6667px; font-family: Arial; color: rgb(0A lot of the time, 0, 0)it's important to pursue the steps of the design thinking methodology to ensure an idea's success.&nbsp; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Priority #2: Mentor Network</span></span> =

<span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">We know entrepreneurs on campus and recent graduates in To convince people of the St. Louis area wellvalue of design thinking, and could reach out to them to match them illustrate why design thinking is valued by big corporations and industry, it's important that design thinking aligns with students seeking mentorstheir goals and aspirations. We do not know as many entrepreneurs who are more than a few years past graduationcan bring in companies to give students problems for competitions, however. We need to contact the Career Center and link success in the Skandalaris Center for Entrepreneurship at Washington University competition to find appropriate mentors for later-stage startupsfuture internships and similar rewards.</span></span>&nbsp;

<span {| border="1" cellspacing="1" cellpadding="1" style="font-sizewidth:larger500px;">Update: Spring 2017|-! scope="col" | Tactic! scope="col" | Milestone Date|- the idea | Create comprehensive plan of a skillsactivities/dates for program| 2/25/17|-matching website can extend | Meet with and propose ideas to include mentors as wellcompanies/find venues. Revise the plan if needed.| 3/15/17|-| Find venues and sponsors to host events| 4/15/17|-| Finalize the Program for Launch| 9/1/17<br/><br/span>|}

= <span style="color:#a9a9a9;"><span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">[ACHIEVED] Priority #34: Seed FundSummer Program</span></span></span> =

<span style="color:#a9a9a9;"><span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Students often lack large amounts of time during the capital needed school year. Between classes and various extracurricular obligations, they are not able to execute on make their ideasstartups a primary focus. Small sums in the university’s budget are life-changing sums for A summer program that pays students seeking to start businesses. Small amounts of funding (often under $5,000) a stipend would allow them to purchase necessary services, form legal entities, focus on their startups and outsource work as appropriate. Heads of various schools at Washington University and applicable professors (e.gmake far more progress than they could during the school year. Some entrepreneurship professors) should be given a portion of a seed fund to allocate as they see fit. The university currently uses business plan competitions to allocate fundingsummer programs exist, but those do they are not properly evaluate how a startup progresses over time and how the founders work daywide<span style="font-tofamily:arial,helvetica,sans-day. Allowing faculty to act in a fashion similar to small-scale angel investors would give serif;">ly</span> available for students the ability seeking to further work on their own businesses.</span></span></span>

= <span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723"><span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); verticalfont-family: Arial; font-alignsize: baseline14.6667px; white-space: pre-wrap; background-color: transparent;">Priority #4: Summer Program</span></span> =

<span id="docs-internal-guid-63a692bd-d484-66b7-42fc-278186a37723">[[Washington University in St. Louis Campus Overview 2016|<span style="font-size: 14.6667px; font-family: Arial; color: rgb(0, 0, 0); verticalfont-alignfamily: baselineArial; font-size: 14.6667px; white-space: pre-wrap; background-color: transparent;">Students often lack large amounts of time during the school yearWashington_University_in_St. Between classes and various extracurricular obligations, they are not able to make their startups a primary focus. A summer program that pays students a stipend would allow them to focus on their startups and make far more progress than they could during the school year. Some entrepreneurship summer programs exist, but they are not wide_Louis_Campus_Overview_2016</span>]]<span style="color: rgb(0, 0, 0); font-family:arial,helvetica,sansArial; font-size: 14.6667px; white-space: pre-wrap; background-serifcolor: transparent;">ly</span> available for students seeking to work on their own businesses.</span></span>

= = [[Washington University in St. Louis Campus Overview 2016|<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 14.6667px; white-space: pre-wrap; background-color: transparent;">Washington_University_in_St._Louis_Campus_Overview_2016</span>]]