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== Incubator ==
Essential to ensuring the longevity of UC Merced's innovation and entrepreneurship ecosystem is an incubator program. Incubators have been proven in the past to be invaluable to new companies in providing funding, work space, and access to industry professionals. A venture fund derived from alumni and community donations could be created. Several alumni have already expressed an interest in giving back to UC Merced. Shared work space could also be provided, rent-free, to small startups as an alternative to paying rent for office space. An incubator at UC Merced would provide access to professionals with experience in the essential business fields, for example: intellectual property advice, financing concerns, and product development and management. This would be most useful to students who want to start their own businesses but would be hestitant because they don't have experience. In line with UC Merced's goals of encouraging innovation and entrepreneurship, an incubator would provide an outlet for students to make their lofty ideas into a tangible reality.
= Impact =
