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Priorities:Menlo College Student Priorities

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However, students have no outlet for these class projects to become actual startups. One of the current senior capstone courses called Launching the Venture that was designed to address this problem is not really effective in what it’s trying to achieve. The current working ideas do not lead to actual ventures. One of the main reasons for that is because the students enrolled in the class are not serious entrepreneurs, as in they have no interest in launching their own ventures; they only enroll in the class because it works better with their schedules. Additionally, another big factor for why the current Launching the Venture is ineffective is because students begin the class without a refined idea to work with. So, a big chunk of the course is spent on finding the project ideas, in a very rush-Design Thinking way. Lastly, due partly to the lack of funding, Menlo College lacks many components/resources that are essential for building a sustainable Innovation and Entrepreneurship ecosystem on campus, as indicated in our Landscape Canvas Synthesis.

=== <span style="font-size: 12pt; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">How Might Weprovide Menlo College students, who are serious entrepreneurs and have great ideas, the resources–mentorship, connections, and fundings–they need to launch their startups, without breaking Menlo’s bank?<br/~~span~~>===

<span style="font-size: 12pt; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">provide Menlo College students, who are serious entrepreneurs and have great ideas, the resources–mentorship, connections, and fundings–they need to launch their startups, without breaking Menlo’s bank? After investigating the problems more closely, we came up with an idea to remodel the existing senior capstone course: Launching the Venture. The non-serious entrepreneurs are the first factors that we need to address. To do that, we must encourage more entrepreneurship students to enroll in the class, while the non-entrepreneurship students who do not wish to have anything to do with startups are encouraged to enrolled in the other senior capstone course: Global Strategy. This doesn’t mean that accounting, finance, psychology, etc. students are not allowed to enrolled in the class, but they must show some type of initiative that proves that they are genuine about launching their own ventures. The initiatives may be the fact that they have been working on their startups for some time, and they are looking for a way to start out. Which leads to the next big change that would be introduced to Launching the Venture.

Students should begin the course with pre-existing ideas that they are passionate in pursuing. Students who have been independently working on their startup ideas and those coming out of Design Thinking with great ideas are the perfect candidates for Launching the Venture. We came up with the idea to remodel the curriculum structure by making Design Thinking a prerequisite to Launching the Venture. Again, this prerequisite should be waived if students or teams of students show that they have feasible business ideas.

Sachaljogi

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