Funding a "Dormcubator" at the University of Illinois at Urbana-Champaign

University of Illinois - Urbana-champaign, 2009 - $8,000

The University of Illinois at Urbana-Champaign, despite many creativity and entrepreneurship activities, lacks a living-learning opportunity for students early in their academic careers.

The Technology Entrepreneur Center and University Housing are collaborating with several other units to found an Innovation LLC to allow creative and innovative students from diverse disciplines across campus to network with like-minded peers and provide 24-hour access to a “garage space” that offers resources to encourage students to turn their ideas into valuable business ventures and help them work thought common problems encountered in the innovation process. Other benefits include interaction between students who otherwise might never have met on campus, mentors who are business leaders and entrepreneurs providing real world advice and business contacts, and a lab space.