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*Description [250 words on why this strategy will solve this gap on your campus]
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A student-run venture fund would address this problem head-on. First, a venture fund could disburse its money freely and proportionately instead of prescribing the single lump sum found in business plan competitions. Second, it could more closely simulate the investment climate of post-collegiate entrepreneurship. Third, it would professionally develop the students serving as fund members by teaching them to critically evaluate businesses’ viability, which would also inform their ability to plan successful businesses later on.
*Team Leader:: [Either your name, TBD or create a title assigned to the person who volunteers]*Milestones: [A set of bullets that characterize the work that would likely need to be executedSolicit Fund Members, 2-3/2014; Gather Funds, 4-5/2014; Start Accepting Applications, along with mm8/yy]2014
=== Tactic #3: [Name Angel Investment Pipeline === In the absence or complement of tactic]a dedicated, student-run venture fund, the University would still do well to develop connections with local venture capitalists, funds, and angel investors. This way, local investment figures can still be brought into the fold and given the chance to evaluate student businesses. Having angel investors in on student ventures is an easy endeavor: most of the work would be in forging connections that should already exist. Their initial involvement could be investment in competition winners or contribution to the Student Venture Fund; it could also be as simple as agreeing to speak or provide advice on courting investors like themselves. This option also has many direct benefits. First, it legitimizes the University as a venture space. Second, it connects students and their projects with the constant opportunity for endorsement and funding from external sources—even if they miss the timeline for the Sontag or another competition. Third, it connects the University’s entrepreneurship resources with those of storied and experienced investors, who could then be brought on as advisors, guest speakers, or competition judges.
*Team Leader: [Either your name, TBD or create a title assigned to the person who volunteers]
*Milestones: [A set of bullets that characterize the work that would likely need to be executed, along with mm/yy]
== Other<br/> ==
