Growth of Startup Mentor Program goals to offer deeper ranges of help to college entrepreneurs
The College of Georgia has grow to be a tutorial powerhouse for turning analysis discoveries into marketable options, due to its enterprising school and college students. UGA has been a Prime 5 college in bringing new merchandise to marketplace for six straight years.
When school members create profitable industrial merchandise, they will increase the impression of their work whereas connecting with key corporations of their analysis house. However studying methods to launch a startup enterprise of their very own, whereas additionally managing analysis laboratories, instruction and different duties, isn’t any small feat.
To assist school members discover continued success, the Innovation District is increasing the Startup Mentor Program. This system pairs skilled entrepreneurs—lots of them profitable UGA alumni—with school members to assist coach and encourage them.
The growth of this program will provide a larger vary of experience and supply a deeper degree of help for our school.” — Ian Biggs
“Our mentors are skilled entrepreneurs and business leaders,” stated Ian Biggs, director of startups at UGA’s Innovation Gateway. “We search for individuals with expertise in making a profitable startup, or who’ve seen it from the opposite facet, equivalent to by enterprise capital investments or company acquisitions.”
With the beneficiant help of Georgia Energy, this system is increasing the quantity and sorts of mentors obtainable. Along with its present volunteer mentors, UGA is constructing a roster of skilled mentors, from various backgrounds, who might be assigned to assist particular startup groups. The annual Startup Mentor in Residence can even be introduced in January.
Many mentors are alumni
“The growth of this program will provide a larger vary of experience and supply a deeper degree of help for our school,” Biggs stated.
Most of the mentors collaborating in this system, equivalent to Kevin Goodman, are UGA alumni. Goodman, co-founder of two venture-backed software program startups and an angel investor at AngelList, coaches school on methods to appeal to exterior investments of their corporations.
“The principle level I attempt to get throughout is to allow them to see what enterprise capitalists are pondering,” Goodman stated. “Most entrepreneurs wish to spend all of their shows to buyers speaking about what makes their merchandise so incredible.”
Advances Innovation District
Goodman encourages them to additionally deal with presenting plans to promote merchandise and generate income for buyers. Different mentors convey insights into acquisitions, advertising and crew constructing.
“I wish to thank our alumni and company companions who’re enabling the college to scale up this necessary program to advance our Innovation District initiative,” stated Kyle Tschepikow, UGA’s director for technique and innovation and particular assistant to the president. “Their funding in our innovation ecosystem will allow much more of our school innovators and entrepreneurs to rework their shiny concepts into merchandise and options that enhance lives and communities in Georgia and all over the world.”
Due to the continued pandemic, mentoring classes are digital for now. To study extra, contact Dan Geller at email@example.com.