Resource:How to Develop a Startup House
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Startup House is a popular idea in the Silicon Valley. An incubator creates a different environment and an amazing dynamic for working entrepreneurs. A positive characteristic about these houses is the drive to succeed and how they all help each other producing a constructive energy that motivates. Adam provide us with some great advice on how to develop a Startup House on campus. He explained his journey in creating a Startup House on his campus. Adam's university only had a makerspace that was open from 4:00pm till 9:00pm on weekdays. This didn't help the students innovate or focus because it was open only part time and often conflicted with students' afterschool activities. Hence it was an important project to develop for students the Startup House to make their own ideas come true. Adam saw the need and decided that their school needed a Startup House.
The first step to build a Startup House is to get the university to buy the project. He clarified to us how it is vital to have a group or organization that benefits with the idea (in this case the university benefits from the innovation of students). The university owned a house so the Innovation Center Entrepreneurship House subsidized the cost of living in that house.