How Stanford University is helping students find new business opportunities
Stanford University has partnered with Startup School to offer students with startup aspirations the chance to launch their first businesses in the Bay Area.
The partnership has resulted in a survey that gives students an insight into the startup landscape and the potential of starting their own companies.
“We want to create opportunities for people who are thinking of starting a new venture, but don’t know how,” said the president of the Stanford Entrepreneurship Center, Dr. Jennifer Wills.
“We want them to see how it works in the classroom and to see if they want to go for it.
They need to have experience, but they also need to be willing to take on the challenges that lie ahead.”
Wills says the survey will be open for a week from May 1 to May 14.
The survey will include topics like how much money a student has in savings, how much a student earns and how much they earn during the school year.
The data will be collected by Stanford and will be shared with the startup community, including Startup School and the Startup Center, as well as with Stanford University.
The survey will also be used by Startup School, which will be providing students with access to more than 1,000 startup mentors.
Wills says they are looking for mentors who can teach students how to build a business.
The program was launched last year by Wills, a member of the Startup Team, as part of the school’s initiative to help more students get into the business world.
She hopes the program will help students see what it takes to launch a business and give them a framework to work through their own challenges.
“If you’re in the startup world and you don’t have a lot of experience or if you’ve been struggling, there’s a lot that you don of know about the business side of it,” Wills said.
“I think it’s really important that you learn from each other and the things that you’re working on and how you can apply that to the business.”
She said the Startup School program will provide students with a place to find mentors and support and help them to find out more about the startup industry.
Wines says she wants the program to help students to know that they don’t need to start a company to make a difference in the world.
“When I look back on this experience I think it was really important for me to get my business out there,” she said.
“I think I learned so much and I think that’s what I want to continue to teach kids to do.”
Students who participate in the survey are also invited to share their experiences with the Startup Institute, which is a hub for entrepreneurship and technology education.
The institute provides access to mentors and other resources to help young entrepreneurs.
“It’s not a lot, but it’s a great resource,” said Wills about the program.
“If you can think outside the box and have ideas that are different from your current world and your current business, then it’s something that’s really exciting for us.”
Willing says she hopes the survey can be useful for entrepreneurs as well.
“You can be able to go out there and have a good conversation with a mentor, with a business partner, and it can give you insight into how to do business in the future,” she added.
Wills also hopes the feedback from the survey helps to help the Stanford entrepreneurship center and Startup School as they continue to expand their programs.
“As the program expands, we’re going to have a bigger focus on making sure that we’re providing the resources that we can, and we’re really looking forward to seeing the results of this,” she continued.
“Hopefully it will provide some inspiration for other schools and other students to look at how they can do this in the same way.”
Read more about entrepreneurship at Stanford.