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Support (what types of support were necessary — faculty, student, leadership, alumni, community, etc)
The success of Spark Boulder is largely because the excessive support from the faculty, student, and community.
In University of Colorado - Boulder, there are over 12 student organizations, programs, and many more classes about entrepreneurship. However, the school doesn't have an incubator space for these organization and programs. So the students very much support opening an incubator space close to campus that they can work on their own projects or even start their companies.
Although getting support from the high level faculty or administrators are difficult, the low level faculty are in love of an incubator space. Richman said there are many faculty members are actually entrepreneurs themselves. An incubator space close to their office can greatly help them develop their ideas and entrepreneur pursuits.
Boulder is very entrepreneurial city. There are hundreds of startups in the local community. An student incubator space will give these startups a place to look for future collaborators, or even provide investor a place to find good project to fund.
= Cost =
