Changes

*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 deeper involved in the I&E ecosystem on campus while learning and also learn and having fun. On campus, there is a similar organization called the 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 need and resource ability. 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-scaytid="40" data-scayt_word="VCs">VCs</span> could discuss pro vs cons and whether they would invest in this company. Student groups could be broken down into sector/industry of interest groups so everyone could learn about different industriesas 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 capitalist 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. 

*Description: The third way I see to solve the gap in the potential column would be through at Start-up Weekend. Through this event, students could form teams and work on a 54 hr <span data-scaytid="433" data-scayt_word="intensitive">intensitive</span> time span to create ideas, business plans, and prototypes. This competition could be framed in many ways from sustainability themes, socialimpact, to improving campus in an innovative way. These teams could also be put together account according to a survey of strengths and weaknesses prior to attending the event.&nbsp;The goal of this would be to create teams and show students their ability to create meaning.

*Milestones:&nbsp;Assess the current competition idea and how it can be improve 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.