A Venture Capital Fund to Encourage Rapid Product Development in the Junior and Senior Clinic

University of Wisconsin-Whitewater - $30000.00

A renewal and extension of Rowan University funded Junior Engineering Clinic I and Junior Engineering Clinic II, this program supports a joint Rowan/NCIIA Venture Capital Fund. The Venture Capital Fund provides the opportunity for multidisciplinary E-Teams to propose, plan, and implement an original, semester-long product development enterprise. Student E-Teams involved in the program create a corporate structure to develop a prototype and write a business plan in one semester. Teams must form early, have an original idea, and be interdisciplinary in order to receive funding. Teams who do not receive NCIIA funding in the course join other teams or work with an industry or faculty sponsored project