North Carolina Central University’s School of Business
presents: The Eagle SOARS
(Socially Applicable And Responsible Solutions)
New Venture Challenge "Where your talent surfaces and idea SOARS"
Objective: To support through a dynamic idea development process, the establishment of sustainable and profitable new ventures that address the most pressing needs of a community and offer solutions that are socially applicable and responsible through its product, service, or operations.
Design: The challenge is designed to provide a win-win situation all the way from start to finish for two special types of individuals namely, the “Creatives” with the product/service ideas who want to be entrepreneurs, and the “Analysts”, with the knowledge and expertise, who drive new venture creation and growth. We will select 3 best ideas and 3 teams (3-4 members each) of analysts.
The Creatives - If you have a burning passion to start a company that will make a positive difference in people’s lives, which meets the following criteria:
i. The idea is a well-developed concept and you already have a clear product development plan
ii. You intend to start this company in the next 6-8 months
iii. You are willing to commit the next 6 months, if selected, to developing the product and company
The Analysts - You have the desire, drive and determination to support the creation and growth of great ideas and meet the following criteria:
i. Must have knowledge and experience (through courses and/or work) in one of the following areas:
1. Market/Industry Analysis and Marketing Plan Creation
2. Computer Information Systems (web-development, search engine marketing, app development)
3. Accounting and Financial Analysis
THE EAGLE SOARS - NEW VENTURE CHALLENGE
Structure: The Challenge has 4 distinct phases as outlined in the illustration below:
Benefits: With the objective of providing continuous experiential learning opportunities to students, the Challenge offers the following incomparable benefits to participants:
And the FINAL AWARD...
Free Office Space for 3 months by Groundwork Labs and HUB Raleigh (if you qualify). Also get matched with mentors from the Durham community to guide you through the launch process.
Undergraduate Students: A triple reward package that includes $1,000, 3 credits towards the internship course and 120 community service hours,
North Carolina Central University
1801 Fayetteville St.
Durham, NC 27707