The first cohort of 17 Cal Poly students immersed in an intensive 10-week entrepreneurship and innovation “boot camp,” will graduate from the new program this month.
The Silicon Valley Entrepreneurs: A Study-Away Entrepreneurship Immersion Program is a collaborative effort involving Cal Poly’s Center for Innovation & Entrepreneurship (CIE) and Extended Education, and Draper University. Students from all disciplines throughout Cal Poly took part in a unique entrepreneurial experience in the world’s capital of technology innovation: Silicon Valley.
Cal Poly’s Orfalea College of Business and College of Liberal Arts co-sponsored a concentrated three-week course, followed by seven weeks in San Mateo at Draper University. The aim was to help would-be entrepreneurs embrace risk and find the motivation to innovate.
Of the 17 students representing Cal Poly, 10 were business students concentrating in everything from economics, to industrial technology, to finance. Cal Poly’s cohort of undergraduate students studied alongside master’s degree candidates and working professionals at Draper University.
“As a freshman, I needed to complete some prerequisite courses in order to take some of the entrepreneurship classes I was interested in,” said Katie White, business administration major. “This program offered me a chance to take those classes and to spend 10 weeks with driven, ambitious, smart entrepreneurs in an environment that would help me take my idea much farther than I could solely on campus.”
The program touched on broad issues such as finance, the legal system, creativity and survival. Courses focused on such varied topics as venture capital, sales and digital marketing, negotiation, prototyping, and the important lessons of failure.
The program culminated with a pitch competition in Silicon Valley where more than 30 teams pitched to an audience of venture capital investors. Cal Poly students led three teams that placed in the competition’s top five. Industrial Technology senior Tiffany Keller took second place in the competition with PolyLabs, a smart keychain that remotely accesses apps with the push of a button thanks to Dingbot technology. Economics sophomore Eli Burch and business administration freshman Katie White took third place with Clock’d, a bluetooth enabled app that allows hourly employees to clock in and out of work while recording data for improved work efficiency. Fifth place went to business major Tommy Espinoza, who partnered with fellow Draper student Yoni Dejene; their concept for Investful imagines an online school with interactive and project-based courses on trading stocks.
Both PolyLabs and Clock’d have been accepted in to the CIE’s Hatchery, Cal Poly’s on-campus incubator for student projects and startups.
“This program has better prepared me to become an entrepreneur in many ways,” said industrial technology senior Matt Prout. “I have gained invaluable insight on creating a company from successful entrepreneurs and experts in many different fields. I’ve learned important lessons and have done activities that pushed me in various aspects of my life. All of these skills and experiences directly translate to life as an entrepreneur.”