UIUC iVenture Accelerator
The educational accelerator for top student startups at UIUC.
May 26-Jul 31 '20 (9 weeks)
About UIUC iVenture Accelerator
The iVenture Accelerator is the educational accelerator for top student startups at the University of Illinois. It is a capstone entrepreneurship experience for our three campuses' most ambitious student startups – and provides them the knowledge, funding, mentorship, peer support, and resources necessary to grow and scale.
The opportunity to work full-time for 10-weeks over the summer learning and building with a cohort of other student entrepreneurs is the most important benefit of the accelerator. (We provide a stipend of $2,500 per student for the summer period.) Additionally, we help you connect to the right advisors, partners, coaches, and funders through networking events both on-campus and in Chicago, and a database of hundreds of supporters in the iVenture Network. We regularly host workshops, talks, and office hours with experienced entrepreneurs, faculty, and leaders, and you’re held accountable to your progress through regular goal-setting and accountability meetings with program staff. iVenture teams receive continued support through our 3-credit hour iVenture Seminar course that meets every Wednesday from 5-7 pm.
–––Who we are looking for–––
We’re looking for exceptional venture teams with the commitment and skills to solve an important problem for a large number of users. We favor teams that have worked with users, built prototypes, have recruited a team, and are taking advantage of available campus resources.
We support all ventures creating tech, social, commercial, or cultural value, and have supported teams working on mobile apps, medical devices, nonprofits, ag-tech, and more.
To qualify for the iVenture Accelerator, teams must have:
• 2-4 founders or management level teammates work in iVenture full-time for 10 weeks in the summer based in a Research Park co-working space. A majority of your team members must be UIUC students. Non-UIUC students do not receive stipends.
• A majority of your team must enroll in or audit a 3-credit hour iVenture Seminar course in Fall '19 and Spring '20. Offered as BADM395 and TE498.
• Be actively working on a venture creating tech, social, commercial, or cultural value.
Funds up to $10K
Funds12 startupsper year
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