NIIC’s new and improved student entrepreneurship program

The Northeast Indiana Innovation Center (NIIC) has made some improvements to its student entrepreneurship program.  The Student Venture Lab program is now patterned after the successful tech venture accelerator programs Y-Combinator and TechStars (and all the others).

In other words, the Student Venture Lab now provides a small amount of seed capital and office space at NIIC’s campus in exchange for a small amount of equity.  NIIC also provides the owners a small stipend.  The ventures work over a six month period (students need a bit more time than the full time ventures in most accelerators) to prepare for demo day, and they receive mentorship and coaching help during the process.

The first cohort was just accepted to the Student Venture Lab this month.  Watch for the more information at niic.net and studentventurelab.com.