Today we read in Charlottesville rag The Daily Progress about UVA-Darden’s summer incubator for MBA entrepreneurs. The Batten Institute provides a $13,000 stipend as well as other support (e.g. speaker series, group discussions) over the summer to students who are starting up their own businesses.
The article profiles two entrepreneurs – Jacqueline Wilde, a student with a pop-up yoga concept, and Tom Giedgowd who is programming a teddy bear that ages with a child, who came up with the idea after realizing that his own son outgrows all his toys too quickly.
“Just having such a concentrated community of people who are all focusing on starting businesses … has been extremely helpful,” Wilde said.
We’ve been impressed with business school entrepreneurship centers that have supported startup entrepreneurs in this way – Darden asks for no equity in return, and provides the kind of emotional and financial support that seed-stage entrepreneurs need when they’re just starting out. Kudos, Darden!
Read The Daily Progress article.
Visit Darden’s Batten Insitute for Entrepreneurship and Innovation.