Entrepreneurship



Winter in Israel: Day 4

This is the start of our fourth full day in Israel. The pace is intense. By observing the culture of Jerusalem, the West Wall, and the Dead Sea we are starting to understand the nation and its people. The reoccurring sight of armed police and soldiers started to get routine until we went to the border with Jordan yesterday and witnessed the live mine fields which brought the reality of past despair, suffering, and a feeling of isolation knowing that there were three more borders (Lebanon, Syria, and Egypt) not including the chaos in the Gaza Strip and to a lesser extent the West Bank.

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Winter in Israel: Day 3

Our third day in Israel consisted largely of traveling from Jerusalem to Tel Aviv, with a few stops and detours along the way. The day included both visits to common attractions in Israel as well as sojourns to lesser-known areas.

After travelling to the West Bank and driving past the historical site where the Dead Sea Scrolls were found, we began with a brief excursion at Ein Gedi, a nature reserve in the midst of the desert. Although we did not stay long, we hiked through the reserve, visited a small waterfall with an ancient biblical legend associated with it, and were introduced to some of the local wildlife on the hike.

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Swimming with Sharks

crowdfunding

New Crowdfunding Rules Let Small Investors Join a Riskier League

New rules from the Securities and Exchange Commission, which took effect May 16, 2016, open many doors for “ordinary people” to invest in start-ups and other small businesses.

The issuers of the securities that they invest in will not need to affirm the investors’ financial sophistication nor provide them with audited financial statements. The underlying law was signed four years ago, but it has taken a while for the SEC to write the rules, all 685 pages of them.  Continue Reading


TED Talks

Provocative, Well-Honed, Brief Lessons Can Augment Teaching and Learning

TedX | Tim Folta

You are probably doing it too, watching TED Talks.

The acronym stands for Technology, Entertainment and Design. These are brief, invited presentations, in front of live audiences, most of whom have paid substantial sums to attend.

The annual event began in 1984, and has evolved over time. Now there are offshoots on college campuses and other venues. Today the web makes access easy and most can be viewed after the fact for free. https://www.ted.com/talks.

Why are TED Talks important to the dean of a business school, other than the fact that they are very engaging? Continue Reading


The Investor Pitch

Charles Fayal

The iQ program is a series of events that starts slowly, and then accelerates very quickly. It all starts with mentor meetings, followed by the application, and then the final pitch to get accepted to iQ. Then, a moment’s anticipation, then workshops, a flood of new ideas, constant networking, and barely enough time to breathe. All the while, you’re working on prototypes, building your business model, and then…  Continue Reading


After Guatemala

Since we have returned from Guatemala our project has gone from a project to a passionate pursuit, a fire has been ignited within us. Before our trip Dr. Lisa Eaton told us that we had to ‘get our feet wet’ and bring Parrot MD to an impoverished country. We didn’t realize how important this advice was until we were in a small village seeing firsthand the problem and how useful our device can be.  There’s a lot to be said for sitting and planning out details but at one point you have to be there to fully understand what needs to be done.Continue Reading


The Final Applications Are In

The final applications are in. The iQ judges will be sifting through over 50 applications to find the top 16 innovations. Those winners will then be asked to give presentations on their ideas, and eight of them will be invited to iQ’s summer incubator. The top three get prizes of $15,000, $10,000, and $5,000.

In the past few workshops, iQ focused on understanding innovation and commercial potential of products. Innovation can be defined as an invention plus its distribution. The invention itself needs to bring something to the market that is different than what is already out there. As Professor Rich Dino would say, how is it cheaper, better, or faster? Continue Reading


The Parrot Is Guatemala Bound!

Parrot MD team

We’re only a few days away from being on the plane to Guatemala! Charles and I just finished assembling and packing up the Parrot devices that we will be bringing down to the clinic in San Antonio, Guatemala. Partners in Development (PID) has already spread the word throughout the community that we will be visiting, and a medical clinic will be set up between March 1st and the 8th, so everyone in need of general healthcare can come to the clinic.Continue Reading


Have a Million Dollar Idea?

Innovation Quest kickoff 2015

Have a million dollar idea? You can now get an opportunity to turn that idea into a reality through UConn’s Innovation Quest (iQ) competition. On February 16th the first iQ seminar kicked off and the attendance was bigger than we’ve ever seen. Students interested in joining still can as there are two iQ workshop seminars left on March 9th and March 23rd before a final application is due on March 30th. In these workshops students are able to learn tips on starting a business. They focus on key entrepreneurial skills that allow students to develop their ideas and think about the future of their product.  There are also a number of experienced entrepreneurs that act as personal mentors to students.Continue Reading