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Need and goal (what you did to assess the need and how this space would fill that need)
Incubator space is a only facilitator. It needs the entrepreneurs to thrive. If the students don't use the space, the existence of the space would be hard to maintain. This makes correctly identify the need and provides the correct need very important.
Richman was inspired by the phases in life cycles in ''Startup Community'', which states bringing entrepreneurs together will create a synergy that can accelerate the innovation process. By recognizing there are 12 entrepreneurship related student organizations and school run programs, Richman found students are in need of a working space to start their entrepreneurial pursuits. In Boulder, Colorado, one of the center for entrepreneurs, the local community also greatly supports the idea of having a student incubator space.
The goal of having an incubator space in Boulder, Richman said, is not only limited to providing space for young students entrepreneurs, but also give a chance to local investor to see some great work put by the students.
= Academic Permission =