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Venture Creation via TU Incubator - Entrep @ TU Demo Day

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Inaugural Demo Day and preceding Business Model Competition run by the TU College of Business and Economics

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Venture Creation via TU Incubator - Entrep @ TU Demo Day

  1. 1. Venture Creation A Wholly Different Animal Frank Bonsal III Director, Entrepreneurship Towson University Incubator Entrepreneurship @ Demo Day Minnegan Stadium – Unitas Stadium April 26, 2017
  2. 2. Entrepreneurship is a Mindset With 2 mindsets: • Fixed • Growth “passion for learning over a hunger for approval” - Dweck
  3. 3. Entrepreneurs Embrace Failure -Elon Musk
  4. 4. Entrepreneurs Leverage Purpose World Needs It You’re Paid For It You’re Great at It You Love It
  5. 5. Venture Creation is…
  6. 6. …Think of problem-solving in massive industries that leverage regional & institutional core competencies. When you think of Baltimore Startups…
  7. 7. #BmoreEdTech “Maryland is really, really strong in its community of teachers.” – Betsy Corcoran, CEO + Cofounder, EdSurge TU Incubator is Baltimore’s EdTech Hub
  8. 8. 23 member companies (75% of all member companies) solve problems and innovate in education via solutions in K-12 (55%), Postsecondary (35%), + Lifelong Learning (10%). Our Focus — EdTech Innovation TransitioningU Postsecondary Lifelong Learning K-12
  9. 9. Our Founder Diversity 9 edtech companies with women founders 9 companies with founders of color ?
  10. 10. We Support 30+ Companies…
  11. 11. Memberships Resident Associate Virtual Student …In Different and Customized Ways • Private, secure office • Full telco services • 24/7 building access • Flexible workspace • Robust, open Wi-Fi • 24/7 building access • Full program support • Professional development • 9-5 building access • Flexible workspace • Robust, open Wi-Fi • 9-5 building access • Discounted membership
  12. 12. Mentoring Capital Distribution Networking + Place How We Add Value
  13. 13. Member Examples - Teacher Effectiveness Founders: Nicole Tucker-Smith + Khalid Smith Credit: The Baltimore Sun Credit: The Daily Record InferCabulary: Vocabulary Learning Founders: Beth Lawrence + Deena Siefert
  14. 14. What Success Looks Like
  15. 15. Thank You Frank Bonsal III Director, Entrepreneurship Towson University Incubator 7400 York Road | Towson, MD 21204

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