The Penn State Berks Flemming Creativitiy, Entrepreneurship and Financial Growth (CEED) Center invites all Penn Point out students, school associates, the latest alumni, and neighborhood groups to post their ground breaking tips in science, engineering, engineering, or arithmetic (STEM) fields to the STEM Business Notion Contest. The contest is an exceptional starting position for those looking at producing an concept into a productive small business. Applicants only need to have an idea to use, and purposes are due by September 22, 2021.
Each and every finalist crew will receive a limited instruction session on customer discovery and will be suitable for a $500 seed grant to more produce their idea. The seed grant will be released on a reimbursement basis. In addition, groups will tap into the resources of the Flemming CEED Centre, with the prospective to connect with strategic companions, organization mentors, and other students who could assist to flip your plan into a profitable undertaking.
The selected teams will be invited to attend the Flemming CEED Heart Shopper Discovery Lab in spring 2022. Right after completing the Shopper Discovery Lab, the groups will turn out to be qualified to get a micro-grant of up to $3,000, which can be employed for additional customer discovery fees. In addition, teams will be matched with focused tutorial and business enterprise mentors who offer small business abilities, assistance on pitch enhancement and funding procedures, and support with expanding a community of contacts.
The STEM Business Concept Content offers a gateway for other STEM-linked innovation packages at Penn Point out Berks and Penn Condition University, these as VentureWell E-Team Grant Software and Invent Penn State I-Corps. Participating teams will acquire support and coaching to use for these two packages. Those people with much more typical business ideas are inspired to implement for the Flemming CEED Center’s Scholar Enterprise Award.
For additional info, get in touch with Dr. Abdullah Konak, distinguished professor of info sciences and technological know-how at Penn Condition Berks, at [email protected].