Changes

The [[University of Virginia|University of Virginia]] UIF team will create a physical space for Health Innovation and Incubation as the centerpiece of our future plans. The space will be housed in an emergent tech incubator, HackCville, and we will partner with their mission and culture of design, mentorship and self-starter ingenuity. Our strategy addresses the gaps identified in our landscaping of UVA's I&E capacity; while there are a multitude of programs and accessible funding avaible on grounds, they are restricted by student organization transience and their lack of coordination and. We can develop the connectivity needed to field projects and support them fully from upstream to downstream by riding the exisiting momentum and experience in the tech-entrepreneurship field. The proximity to this work is helping to foster a healthy new culture at UVA; under the new physical location and presence we plan to build out new events and programing to create visibility on campus. These include the Lawn Innovation Invation, the Grit Challenge, the Medical Hackathon and IdeasEverwhere Walls- elaborated upon below.

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In 2013, the [http://www.macfound.org/programs/fellows/ MacAuthur Fellows Grant] was bestowed upon [http://www.ted.com/talks/angela_lee_duckworth_the_key_to_success_grit Angela Lee Duckworth for defining the term "Grit" as the best metric of sucess].

This will be a challenge designed to counter the typical one-off nature of traditional buisness competions and pitches that focus on how well an idea is presented at one point in time. Wise speakers at NCIIA warned us about the dangers of extoling a singular idea instead of the people or process, and honestly, we see that play out when the winners of business competitions are more incentivised to dress-up an idea than to propel it forward. In order to shift these expectations, we propose to design a competition that measures the fearlessness and reckless abandon of true entrepreneurs on a mission - the tenacity to start scrappy, shoot high; allow oneself to fail in a productive way in which they are able to use it experientially to propel themselves further forward: true GRIT! We are experimenting with the idea of shaping the challenge into 1-month segments, starting with a low operational budget of $10 and incrementally increasing amounts of award money for those able to stay in the rounds. This also teaches an important lesson in establishing credibility for those starting with next-to-nothing, through incrementally growing steps and the quantification of sucess to show possible investors/supporters. 

'''Description: '''A short-term goal of the UVA Leaderhship Circle is to host a medical hackathon that will get hundreds of students involved in healthcare entrepreneurship at UVA in a fun, relaxing and engaging way. The student-run organization that will put the hackathon together will be a new student-run club called Emerging Medical Technology Ventures, or EMTV. The end goal of the hackathon is two-fold:

*Have at least 3 hackathon projects within 2 years place in the [http://innovation.virginia.edu/events/ecup University of Virginia Entrepreneurship Cup] or obtain some sort of competitive funding

*At least one startup formed within 5 years

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