What’s your company doing now?
The college is currently trying to figure out how to create a new way to connect student entrepreneurs with mentors and potential investors.
The company recently hired a new VP of Business Development and Marketing, who said he wanted to take advantage of the opportunities created by the rise of social media.
The VP said the company wants to make sure its business model and processes are in place to help student entrepreneurs succeed.
“One of the things that we want to take away from the venture is that we need to be a bit more proactive in the ways we go about business,” said the VP, who declined to give his name.
“We’re a social media company.
We want to get to know the students who are doing it, to get them the attention, and to get in touch with them.
That’s what we’re doing.”
The VP said they are not going to take a “pay to play” approach to connecting with prospective investors.
He added that students should be approached at least two months in advance of their company launching.
He said they want to make their company attractive to investors and potential customers.
The student startup has already received $5,000 in venture funding.
The venture was initially started in the fall of 2017 and has since grown to about 200 students, including the VP and several former student entrepreneurs.
According to the VP’s statement, the company is aiming to launch in the first quarter of 2018, and is already taking pre-orders on the company’s website.