Innovation and Entrepreneurship Residential Community (IERC) (Planning Grant)

Virginia Polytechnic Institute and State University, 2011 - $8,000

This grant supports the planning process behind the creation of the Innovation and Entrepreneurship Residential Community (IERC), a residence hall at Virginia Tech in which students from diverse disciplines will collaborate to create new businesses, especially those addressing the “grand challenges”: clean drinking water, improved healthcare and education, and clean energy. The residence hall will feature spaces dedicated to supporting discovery as well as programmatic and curricular initiatives, including a three-credit course. The new course, called, Innovation and Entrepreneurship, will provide an introduction to the grand challenges, team dynamics, and entrepreneurship.