The Severino Center at Rensselaer’s Lally School of Management & Technology Launches a “Student Sandbox” Summer Program for Entrepreneurs

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The Severino Center for Technological Entrepreneurship (SCTE) at the Lally School has created a multi-disciplinary summer program to help student entrepreneurs’ move forward with their business concepts focused on market needs. The program will run from June 7 – August 13 in downtown Troy. Applications for summer 2010 are now available and must be submitted by April 30.

The new 10-week summer program, called “Student Sandbox,” will be open to any RPI student with a business or who wants to join a startup team. The program is designed to provide emerging entrepreneurs with an opportunity to focus on how to take an idea from creation to commercialization. This hands-on course will utilize lectures, interactive group sessions and individualized coaching, and will cover topics such as how to vet an idea, how to get funding, components of a successful business plan, the Start-Up lexicon, and how to develop an effective short presentation.  Students will work in teams of 4-6 people and at the end of the session, each team will present a short business plan focusing on how to bring the product to market. 

Participating student teams will receive a stipend to support development of their businesses. 
Student Sandbox Program Details
Date: June 7 through August 13, 2010
Location: Downtown Troy
Attendees: Open to any RPI student with a business or who wants to team on a startup
Purpose: This 10-week summer program is designed to provide the budding entrepreneur an opportunity to focus how to take an idea from creation to commercialization. This is a hands-on course that utilizes weekly lectures, interactive group sessions and individualized coaching to continue the development of your business idea.

During the 10 weeks the program will cover a wide range of topics including how to vet an idea, where do I get funding, what do I need to include in my business plan, the Start-Up lexicon (terminology you need to know and understand), how to develop an effective 10 slide presentation and more.
Student companies will be arranged in teams of 4 to 6. They’ll work together as a team in a collaborative environment with other teams. They’ll get to share experiences with others to learn how to solve every day business problems.

At the end of the session the students will be expected to present a 15 minute presentation to the class of a business plan with an emphasis on how it will take to bring the product to market. Students should be prepared to work hard, have fun and learn what its like to be an entrepreneur!
About The Severino Center for Technological Entrepreneurship at Rensselaer’s Lally School of Management & Technology 

Established in 1988, the Paul J. ’69 and Kathleen M. Severino Center for Technological Entrepreneurship (SCTE) helps foster new generations of budding and successful entrepreneurs through outreach programs, education and research.  Centered in Rensselaer’s Lally School of Management & Technology, The Severino Center lies at the core of Lally’s commitment to Entrepreneurship.  The mission of the SCTE is to integrate educational and research programs by exposing every Rensselaer student to the practices and principles of entrepreneurship, to infuse the fundamentals of entrepreneurship throughout the Rensselaer curriculum, and to extend Rensselaer’s leadership and national prominence in technological entrepreneurship.

For more information on the Lally School, the programs offered, The Servino Center, as well as other schools of excellence, please visit: http://www.lallyschool.rpi.edu/

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