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Priorities:MTU University Student Priorities

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While no significant funding will be provided through the TechX program, small amounts of funds will be made available to teams in order to facilitate business growth. Funding may be allocated for travel, marketing materials, and business needs to help get the startup off the ground.

= ~~General~~ Spring 2014 Overview = = Strategy One: Command the Dialogue  = Overview: As mentioned above, the culture at Michigan Tech rarely centers on new inventions and entrepreneurship. The Memorial Union Board X (MUBX) is designed to change this through a series of comprehensive programming opportunities outlined below. MUBX derives its name from our student programing board: the Memorial Union Board (MUB Board). MUB Board has an extensive network and much brand recognition on campus. This new committee (MUBX) will have access to the programming experience, financial resources, and advisory support that are afforded to our student union.  == 3DS  (Fall 2014) == MUBX will be responsible for bringing the Three Day Startup (3DS) event to Michigan Tech’s campus. The goal of event will be to connect engineers who may be interested in working with a startup to business leaders with ideas that they’d love to see come to fruition. MUBX will work with the School of Business and Economics to support 3DS startups that leave the event excited about starting a new venture by encouraging them to enter in the [http://www.mtu.edu/business/newventure/ New Venture Competition (NVC)]. == TEDx (Spring 2015)  == Last year (2012-2013), Michigan Tech held their first ever TEDx. Only 100 tickets were available and at $10 apiece, they sold out within minutes of going on sale. The event’s reach was limited, but provided a breath of energy to the campus. It got people talking. MUBX wants to work with the University to send a delegate (advisor) to the TEDx conference in order to increase the ability of the conference to reach students across the university.   == TechMakers I (Late Fall 2014) == TechMakers will be an extension of the TechHacks concept planned and executed by the [https://www.involvement.mtu.edu/organization/ACM Association for Computing Machinery (ACM)] chapter at Michigan Tech. MUBX will support ACM and expand the event to include all majors and facilitate creation across campus. Teams that move through the 3DS program and are interested in competing in the NVC will be encouraged to attend TechMakers I as an opportunity to deliver a prototype to the NVC judges.  = Strategy Two: The Opportunity to Learn = Overview: The greatest incentive a university can offer a student to encourage learning is credit towards graduation. By applying entrepreneurial and innovative courses to the existing curriculum structure, students will have an opportunity to grow their skill set within the I and E space. By pulling together existing classes and proposing new ones, the LearnX branch will empower students to take the next step. == Lean Startup == A lean startup course has already been proposed by the NCIIA Pathways group and is being implemented during the Summer of 2014 as a pilot course. This course will hopefully grow in size and popularity as more students become interested in innovation and entrepreneurship. == Design for Organizations == Right now Michigan Tech doesn’t offer any comprehensive graphic design or marketing crash course. This (new) course will teach students the basics of the Adobe Creative Suite, as well as basic marketing psychology. The course instruction will center around working with real-world clients and applying the concepts to small businesses (start-ups) and student organizations.    == Technology Commercialization == As a continuation of a course already offered by Michigan Tech, this section will focus on how to transform research into a viable business. With a strong focus on customer voice and the business model canvas, this class will help researchers and innovators bridge the gap between idea and market success. == Looking Forward == While these classes mark a great start in empowering students to extend their development in innovation and entrepreneurship, they won’t be enough in the long term. As a part of LearnX, faculty and staff will be encouraged to offer one-credit seminars in areas they’re passionate about. This could range from an exploration of Google Glass to a series of lectures on programming competitively. This collection of courses is designed to give students who think they may be interested in innovation or entrepreneurship the opportunity to grow, and dabble, in a formalized setting. = Strategy Three: Support the Culture = == TechX == TechX is the culmination of the previous two strategies. Once a student is introduced to the concept of a startup through MUBX, and is equipped with the tools to make the startup successful though LearnX, they move onto TechX. TechX is a startup incubator modeled after Stanford’s StartX. TechX will provide a variety of resources to fledgling startups in order to support their development. The concept of TechX is still being developed.  It is being designed by student entrepreneurs, for students. == Space == Like most universities, space is in short supply at Michigan Tech. TechX will provide startups with premier workspace, featuring an open and flexible floor plan. This space will be designed to support a variety of team, and individual, work. A modern atmosphere and amenities will encourage the best startups to call TechX home. == Mentorship == A key component to the TechX program will be access to mentorship opportunities through the University. These mentors may include one-on-ones with successful leaders in the industry, or faculty who have technical experience in the startup’s field.

~~[[File:MTU TecHX.png]]~~

Each startup will be assigned a handpicked team of advisors who will provide advice on running a startup, leading teams, raising capital, and so on.

== Funding ==

While no significant funding will be provided through the TechX program, small amounts of funds will be made available to teams in order to facilitate business growth. Funding may be allocated for travel, marketing materials, and business needs to help get the startup off the ground.

[[File:MTU TecHX.png]]

= More about Michigan Tech =

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