53
edits
Changes
no edit summary
= Strategy Three: Support the Culture =
== <span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;">TechX</span></span> ==
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;"></span></span>
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">TechX is the culmination of the other two pieces. Once a student is introduced to the concept of a startup through MUBX, and is equipped with the tools to make the startup successful though LearnX they move onto TechX. TechX is a startup incubator modeled after Stanford’s StartX.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"></span></span>
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">TechX will provide a variety of resources to fledgling startups in order to support their development.</span></span>
== <span style="background-color: transparent; color: rgb(0, 0, 0); font-family: Arial; font-size: 15px; font-weight: bold; white-space: pre-wrap; line-height: 1.15;">Space</span> ==
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Like most Universities, space is in short supply at Michigan Tech. TechX provides startups with premier workspace featuring an open and flexible floor plan. This space will be designed to support a variety of team and individual work. A modern atmosphere and amenities will encourage the best startups to call TechX home.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"></span></span>
== <span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;">Mentorship</span></span> ==
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">A key component to the TechX program will be access to mentorship opportunities through the University. These mentors may include one-on-ones with successful leaders in industry or faculty who have technical experience in the startup’s field.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"></span></span>
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Each startup will be assigned a handpicked team of advisors that will provide the startup with advice on running a startup, leading teams, raising capital, and so on.</span></span>
== <span style="background-color: transparent; color: rgb(0, 0, 0); font-family: Arial; font-size: 15px; font-weight: bold; white-space: pre-wrap; line-height: 1.15;">Funding</span> ==
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">While no significant funding will be provided through the TechX program, small amounts of funds will be made available to teams to facilitate business growth. Funding may be allocated for travel, marketing materials, and business needs to help get the startup off the ground.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"></span></span>
== <span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;">TechX</span></span> ==
<span id="docs-internal-guid-4f2f08f3-2554-461b-6f14-0352ab8ba8ea"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">The concept of TechX is still being developed. It is being designed by student entrepreneurs for students.</span></span>