Entrepreneurs Society
Purpose:
1. To support student companies and start-ups by recent grads and professors
2. Serve as a platform to match students with mentors and to monitor mentoring
3. Provide forums for face-to-face and online matching of:
a. Student teams for competitions and intramural business planning
b. Matching actual start-ups and students (for p/t paid or internships) and grad (for p/t or f/t)
4. Provide forum for networking among start-ups to share leads, customers, experiences
5. Twenty-Step Program
a. | Concept and Elevator Pitch Developed |
b. | Business Plan Drafted |
c. | Capital Needs Determined |
d. | URL obtained |
e. | Name registered with state |
f. | Legal Entity Formed (LLC, LLP, etc.) |
g. | Patent Applied for, copyrighted or trademarked |
h. | Patent Received (or not patentable) |
i. | Product or Service in Alpha Testing |
j. | Product or Service in Beta Testing |
k. | Raised Start-up Capital |
l. | First Sale |
m. | $50k in total sales |
n. | $500k in annual sales |
o. | Reached $1 million in annual sales |
p. | Raised "A" Round of Venture Capital |
q. | Positive EBIT |
r. | Raised B Round of Venture Capital |
s. | $5,000,000 in annual sales |
t. | Mentor |
Structure:
1. Campus Chapters. (Universities earn points in ranking of EntreEd program.)
• A faculty advisor for each campus
2. State organization for:
• events for which a "critical mass" is desirable
• officer training
• continuity of chapters
3. Central web site for:
• calendars and event registrations
• help-wanted and position-wanted matching
• membership application whereby students can join the state organization and a campus chapter
Membership Application:
To apply for membership in the Entrepreneurs Society, click here to fill out an application.