useed: funding college entrepreneurship
TRANSCRIPT
![Page 1: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/1.jpg)
uSEED
Please visit www.UDseed.info for Beta platform being tested by the University of Delaware
![Page 2: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/2.jpg)
Research
Arts
uSeed supports Entrepreneurship
for every college student
Startups
Causes
![Page 3: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/3.jpg)
20087,500 new startups each
year from the top 25 entrepreneurial schools
alone
Princeton Review
![Page 4: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/4.jpg)
20105,000+ college courses
on entrepreneurship
Ewing Marion Kauffman Foundation
![Page 5: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/5.jpg)
Today2,000+ colleges nationwide
Ewing Marion Kauffman Foundation
![Page 6: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/6.jpg)
![Page 7: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/7.jpg)
Entrepreneurship ≠Business Plan
The Problem
![Page 8: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/8.jpg)
“Students in any major were more likely to pursue entrepreneurial activities if they had been required to develop solutions to
real-world problems.”
New York University 2008 Study
The Problem
![Page 9: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/9.jpg)
To teach entrepreneurship you
must fund student projects
The Problem
![Page 10: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/10.jpg)
How do you fund them?
No experienceNo customersNo assets
The Problem
![Page 11: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/11.jpg)
CrowdFunding
The Solution
![Page 12: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/12.jpg)
![Page 13: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/13.jpg)
Competitors
Kickstarter - $10M
![Page 14: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/14.jpg)
Competitors
Fundly - $2M
![Page 15: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/15.jpg)
Competitors
profounder - $1M
![Page 16: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/16.jpg)
uSEED
CrowdFunding through the already established
University Alumni Networkswithin university curricula
Our Differentiator and Competitive Advantage
![Page 17: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/17.jpg)
Business Model
uSeed keeps 4% of every donation as well as charges a $5,000 annual licensing fee to
the Development Office of participating universities
![Page 18: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/18.jpg)
Our Team
Brian Sowards – UD AlumA serial entrepreneur who left UD Honors Program to start his 5th company, Brian has worked with over 50 market leadersproviding technology solutions to business challenges.
Steve Roettger – UD AlumA Finance and Management Information Systems graduate, Steve pursued his entrepreneurial dreams after college, launching several companies and attracting national attention through the coIN Loft – Delaware’s first co-working space.
Matthew Racz– UD AlumAn Operations Management graduate, Matthew started his own part-time business while at UD, runs a college entrepreneurship video blog called Start It Up TV, and was a force behind the development of the Entrepreneurship program at UD.
![Page 19: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/19.jpg)
Wes Garnett – Del Tech AlumAn industrial engineer, Wes founded several companies and serves as a mentor in UD’s Business Plan competition. He is co-founder of the coIN Loft – Delaware’s nationally recognized co-working space.
Dan Freeman, Ph. D., University of DelawareAs Faculty Director of the Entrepreneurial Studies Program, Professor Freeman has spearheaded several initiatives to increase entrepreneurial activity among students campus-wide.
Our Team
![Page 20: uSEED: Funding College Entrepreneurship](https://reader035.vdocuments.us/reader035/viewer/2022062308/558a25e4d8b42a08248b46e5/html5/thumbnails/20.jpg)
• October 7th: Beta Launch at University of Delaware – First Round of 3 Projects
Projections and Milestones: Oct. 2011 – Feb. 2012
• November 7th: Second Round of 12 Projects at UD
• 2012 Spring Semester: UD Plus 2-3 More Universities Fully Utilizing uSeed