VentureWell– March 5, 2016Ryan SinghManager, Social Innovation at IllinoisLead Coordinator, iVenture Acceleratorsingh60@illinois.edu

Financial Support for Student Startups: Raising and managing capacity funds for university social entrepreneurship courses and accelerators

Drone shot

Courses• SOCW321 – Social

Entrepreneurship• ENG315 – Learning in Community• ENG 398/598: Innovation for

Social Good• TEC Courses• AEL Courses

RSOs• SCNO• OTCR• Enactus• Entrecorps• Design for America• Engineers Without Borders• Global Business Brigades• WIDE• Cube Consulting• Founders• NetImpact

Certificates | Degrees• Social Entrepreneurship

Certificate• Entrepreneurship Major

Subsistence Marketplace Initiative

Venture Capital• IllinoisVENTURES• Serra Ventures• Open Prairie Ventures• Urbana-Champaign Angel

Network

Greek Life• Philanthropy

Entrepreneurship Roundtable

CU Fab Lab

iVentureAccelerator

Proof of Concept Fund

Clinical Programs

A c a d e m i c + S t u d e n t L i f e U n i t s o f U n i v e r s i t y U n i v e r s i t y - w i d e C o m m u n i t y+

3-Stage Course Pipeline

Social Entrepreneurship & Social Change

• Students learn about socially motivated entrepreneurship and design ventures

• Students pitch to community foundations

S T A G E I

Advanced Social Startup Launch

• Incubator-style class with modules to assist students in venture development

S T A G E I I

iVenture Accelerator

S T A G E I I I

• Summer incubation program for top Illinois’ student ventures

• Connections to speakers, mentors, and funders.

Capacity Fund for necessary startup costs: prototypes, supplies, incorporation.

Startup Advisors as mentor/lecturers: Forbes 30 Under 30, Ashoka, Soros, Gates honorees.

75+ student social ventures, 400+ students enrolled, winners of University and national awards

Support

Up to $10,000 in seed funding; by application. $2,500 stipend per student to cover living costs over the summer. Co-working space

Workshops with world-class faculty and entrepreneurs. Site visits and networking in Chicago startup ecosystem.

Dedicated coaches and advisors

13 33startups students colleges

and from across24 7Inaugural Class

majors+minors

What do you need funded?

What capabilities does it give you?

How do these capabilities help you achieve your

milestones?

Case Study:

Plane tickets to India for deployment

Be in the field to deploy software and train

partner NGO’s IT Staff

First paying customer. First successful

implementation. Active management of

110,000 patient records

Funding requests as

an educational tool

+Alumni Donations

Engaging alumni

Working closely with

advancement

Ask:Tools to manage startup team milestones + track advisor engagement

VentureWell – March 5, 2016Ryan SinghManager, Social Innovation at IllinoisLead Coordinator, iVenture Acceleratorsingh60@illinois.edu

Financial Support for Student Startups: Raising and managing capacity funds for university social entrepreneurship courses and accelerators