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UIF Involved: Brendan Cooper
This project is aimed at developing an additional undergraduate program that helps to increase the conversion rate between ideation and startup businesses.
There exists a program within Texas A&M called Aggies Invent in which students participate in an all-inclusive innovation weekend. They are tasked with deciding on a need that requires a solution, and are then expected to diagnose the issue and develop an early stage solution. Through this avenue of creative incitement, groups and ideas are created that have genuine business potential, and could be taken to further stages of development.
Currently it is very difficult to gather the neccessary momentum to proceed into a business venture. This is because of several issues:
1) Students are unmotivated/ get discouraged not knowing what to do next
2) School is demanding
4) The group has bad chemistry/ not all members wish to continue
These are issues that need to be solved minimized in order to effectively promote the ideas that have true merit. Our plan is to develop a secondary event or program that comes in to re-inspire students and provided much needed guidance at the right time--just before most groups face an utter demize. There are several ways to achieve this, and a multitude of events that could be hosted to make the entrepreneurial process smoother on campus. == Milestone #1: == Research needs to be conducted within the existing Aggies Invent program in order to establish a program that faculty and students agree would be mutually beneficial. Intentions: 1) Conduct interviews at an Aggies Invent weekend for groups that participate. Types of input expected: What program would they like to see? How would you rate your group effectiveness? Do you think you will continue developing your idea? October 23-25: Research conducted for participants of an Aggies invent, base line interviews. Week of November 2nd: Conduct Follow up interviews to determine how many groups did infact continue and why.
== Milestone: ==