This program will help create E-Teams to compete for the University of Wyoming's $10K Entrepreneurship Competition. The competition, started in FY 2001, rewards students who have excellent business plans for viable ideas with financial support to take their projects to the next level. In addition to financial support, through the process of preparing for the competition, the $10K Entrepreneurial Competition provides students with a thorough education in business planning and entrepreneurship, mentor contacts, and networking opportunities. The addition of E-Teams adds a new dimension to the $10K competition by providing additional support to students throughout their process, and by helping students form teams. The program encourages the formation of well-rounded E-Teams composed of students from different disciplines, through "student mixers" where students can network after listening to a guest speaker. E-Teams receive funding for project materials, to supplement UW's business plan writing course fees, and for intellectual property protection.
NCIIA funding will also be used to expand the existing list of entrepreneurs available for E-Team mentoring, and to fund venues for students to work with their mentors. Funds will also be used to support the 10K project itself, the competition's newsletter, website, and judging process.
Moravian College and Moravian Theological Seminary - $2000.00
This grant supports the new course Invention, Innovation, and Entrepreneurship under Rutgers' Special Problems in Civil Engineering Course. This course is a unique addition to the Rutgers Engineering curriculum, to be institutionalized after the pilot semester. The class is the first step toward the creation of Rutgers Invention Institute, to promote invention and creativity in engineering at Rutgers. The undergraduate/graduate course will lead E-Teams through brainstorming new ideas, identifying problems and solutions, completing assessments of an idea's commercial potential, and writing business plans.
The E-Teams will work on radio-frequency identification (RFID) as the focus of their initial projects for the pilot course and possibly future courses as well. In addition, the class will undergo ennegram personality typing to help them understand their own personality types and to better understand the people they are working with, be they managers, teammates or investors.
This program helps graduate level E-Teams launch tech-based businesses through the Technopreneurial Leadership Center (TLC) at the University of Tennessee. TLC is a recent initiative of the university, which works in collaboration with the Oak Ridge National Laboratory (ORNL). Using ORNL technologies as the product, E-Teams form a company, establish a business mission, research the product's market potential, create a virtual presence for the company, and manage its operation for the duration of the course. By the end of the two-year program, E-Teams are equipped to launch their ventures.
The Hinman Campus Entrepreneurship Opportunities (CEOs) program, the nation's first living-learning entrepreneurship initiative, brings students together from diverse majors to learn how to start their own businesses. A specialized, high-technology "e-Dorm," seminars and workshops from venture capitalists and successful businesspersons, industry-student mentoring, and unique entrepreneurship education courses give students a stimulating and supportive environment in which to dream and realize their ideas. The program culminates in a business plan for each new student venture and assistance in obtaining financing.
For more information about the program, visit the Hinman CEOs website