VentureWell– March 5, 2016Ryan SinghManager, Social Innovation at IllinoisLead Coordinator, iVenture [email protected]
Financial Support for Student Startups: Raising and managing capacity funds for university social entrepreneurship courses and accelerators
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
What do you need funded?
What capabilities does it give you?
How do these capabilities help you achieve your
milestones?
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
VentureWell – March 5, 2016Ryan SinghManager, Social Innovation at IllinoisLead Coordinator, iVenture [email protected]
Financial Support for Student Startups: Raising and managing capacity funds for university social entrepreneurship courses and accelerators