2,143
edits
Changes
no edit summary
=Project Pitch Video=
{{#Widget:Youtube|id=en6IkrgDk4k}}
= Overview<br/> =
Following are an array of strategies that will fully address Gap #1 over a 2-3 year period:
== Tactic #1: The Student Venture Capital Fund (Wake Ventures) ==
*''Description:'' I believe that this strategy can hit on a number of key points to develop the innovation and entrepreneurship on campus. The immediate problem The Student Venture Capital Fund will solve is the lack of entrepreneurial extracurricular clubs. This will provide students with a way to get involved in the I&E ecosystem on campus while learning and having fun. On campus, there is a similar organization called The Student Fund. My idea was to model this club in a similar mindset. The interesting part about this idea is that it can be twisted and reorganized so that it fits the needs and resources of the campus. The way I see this tactic running would be to gather a group of 20 to 50 students. Each month the group would meet and give presentations about startup companies they have researched and learned about. They would put together all aspects of their business plan and then pitch it to the larger group. We would have a theoretical dollar amount in the fund to give to each company. The students acting as the <span data-scayt_word="vcs" data-scaytid="40">VCs</span> could discuss pro vs cons and whether they would invest in this company. Student groups could be broken down into sector/industry groups so everyone could learn about different industries as well. On the other hand, instead of conducting the Venture Capital Fund in a theoretical sense we could attempt to raise money through the ICE program or other university resources. This way we could actually invest money into student entrepreneurs and gain a more hands on approach. This could also open doors to invite local venture capitalists to speak, sit in on the meetings, or give advise. I think a club like this could also teach non-business students the "frightening" financial process behind funding ventures.
*''Team Leader: ''TBA *''Milestones'': Develop and adjust idea December 2013, test feasibility Jan-Feb 2014, recruit students May 2014, Apply for chartering October 2014, Kick off Nov/Dec 2014.Keshav Daga
*''Milestones'': In the process of development. Plan for formal launch in January 2016 by having an information session to gauge student interest.
== Tactic #2: Business Plan Competition (Demon Deacon Pitch Plan Competition) ==
*''Milestones:'' Assess idea and make improvements Dec 2013, design possible weekend program Jan 2014, test possible event March 2013, reevaluate the event April/May 2014, hold competition fall of 2014.
== Tactic #4: Wake Forest Incubator ==
*''Description:'' An incubator can help student entrepreneurs take their business ideas to the next level. They will receive formal guidance through experienced faculty/professors and will receive academic credit for their enrollment in the incubator (giving an incentive to be active in the growth of their business).
*''Team Leader'': Dan Cohen, Entrepreneur in Residence
*''Milestones:'' Take a poll of students to see their interests and make a plan for the incubator based on that.
= Strategy #2: Applied<br/> =
*''Milestones:'' Develop short and long term plan for improvement along with methods "How to" May 2014, Continue with plans/contact ICE leaders/University leadership Fall 2014, refine plans and reevaluate Jan 2015
== Tactic #4: Center for ICE ==
*''Description'': The Center for Innovation, Creativity, and Entrepreneurship is the department that issues the ESE minor and sets up activities related to the I&E world. They are affiliated with organizations and happenings on campus including TEDx and the Entepreneurship Society (now Innovate@Wake). We would like the Center for ICE to have more extracurricular clubs under its umbrella, such as a Venture Capital club (discussed above),
*''Team Leader:'' Keshav Daga and future University Innovation Fellows
*''Milestones:'' Poll students on types of clubs they would like to participate in/learn more about and contact campus stakeholders to see who would be a good fit for each club.
= Strategy #3: Wake in Silicon Valley =
[[Wake Forest University]]
[[Wake_Forest_University_Student_PrioritiesWake_Forest_University_Student_PrioritiesWake Forest University Student PrioritiesWake Forest University Student Priorities]]
'''Fellows'''
[[Keshav Daga]]
[[Category:Student Priorities|]][[Category:Student Priorities]][[Category:Student Priorities]][[Category:Wake_Forest_University]][[Category:Student_Priorities]]{{CatTree|Wake_Forest_University}}