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<div><span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;"><br/></span></span></div><div><span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;">The ability to communicate ideas with others is crucial for developing entrepreneurs. Horn's Startup Village program connects specialized professionals to student entrepreneurs in the form of one on one meetings. Horn Entrepreneurship offers a variety of programming in and outside of the classroom for student entrepreneurs. Those in the major practice their skills every day through the venture support program VentureOn and hear from renowned entrepreneurs every Friday through Free Lunch Friday. Horn works as a meritocracy - that means that the students who work the hardest are awarded the most promising resources. Examples of these programs are Hen Hatch and the Summer Founders pre-accelerator. Hen Hatch is open to all students, faculty, and alumni that have business concepts and want to compete for real cash prizes totaling $100,000. The Summer Funders program is a 12-week pre-accelerator designed for students with early-stage startups to work on their ventures and receive a stipend, mentorship and education sessions. Speaking of sessions, the Sigfried Youth Leadership Program (SYLP) invites UD students to a semi-annual conference to engage with motivational speakers, explore what it means to be a success, begin defining life-goals, and start paving paths forward toward bright futures.</span></span></div>
= <span style="font-family: Arial; fontarial,helvetica,sans-size: 13.3333pxserif; "><span style="font-weight: 700; white-space: pre-wrap; background-color: transparent;">Encouraging faculty innovation and entrepreneurship</span></span> =
<span idstyle="docsfont-internalfamily:arial,helvetica,sans-guid-a77508aa-3f11-388d-1196-9f1a9b7e0258serif;"><span><span style="font-size: 13.3333px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;"></span></span></span>The Office of Economic Innovation and Partnerships (OEIP) plays a significant role in assisting faculty members with innovation. Faculty members are allowed to take a day every week to work on their own ideas, which could potentially lead to product innovation, a startup or a licensing opportunity. OEIP also provides assistance with training related to SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) grant application process. OEIP is working on making their online interface easier for faculty members to navigate.</span></span> <span id="docs-internal-guid-a77508aa-3f11-388d-1196-9f1a9b7e0258"><span style="font-size: 13.3333px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;"div>Faculty members are excited and passionate about innovation, but do need assistance when it comes to exploring the commercial viability of an idea or a product. Besides OEIP, the University of Delaware [https://library.udel.edu/ Morris Library] offers access to the latest data related to industry research, marketing research , and small business and entrepreneurship. This resource is useful to evaluate the viability of an idea.</spandiv><div><br/span> <span id="docs-internal-guid-a77508aa-3f11-388d-1196-9f1a9b7e0258"/div><span style="font-size: 13.3333px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;"div>Faculty members are also encouraged to present their ideas and prototypes during the “Entrepreneurship and Risk: Meeting the Challenges” course (listed as MSEG 425). The course is attended by a group of engineering and business majors who develop a business plan for the faculty members to pursue it further.</span></spandiv>
= <span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;"><span id="docs-internal-guid-a77508aa-3f11-388d-1196-9f1a9b7e0258"><span style="font-weight: 700; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Actively supporting the university technology transfer function</span></span></span></span> =