Student Starter Award
The purpose of the Student Starter Award is to provide students who are committed to launching a startup venture with resources to help them address early-stage startup expenses. This $500 annual award has been generously provided by Emeritus faculty member Richard A. Quinn to support student-led startups participating in the Center for Entrepreneurial Leadership’s UpStarts Student Venture Accelerator Program. The recipient of the award will be determined by the Director of the UpStarts program in collaboration with the Chair of the Department of Management. Well-qualified candidates for this award will possess specific characteristics.
Awards will be presented annually by the UpStarts Director near the end of the Fall semester during a meeting of the UpStarts Accelerator Venture Cohort (an extra $500 award will be provided in February 2019). During this presentation, UpStarts participants will learn about Richard Quinn’s legacy of teaching entrepreneurship, coaching student-led startups, championing technological entrepreneurship, and contributing to the development of the Center for Entrepreneurial Leadership during his tenure on the UCF faculty.
Interested UpStarts participants must provide a written description and presentation of their business model and current progress to the UpStarts Director during the first eight weeks of the Fall semester, and must confirm that they meet all Student Starter Award eligibility requirements.
- They will have registered their business.
- They will have a well-defined product or service and have strong prospects of earning revenue in the current academic year, but have less than $20K in prior revenue.
- They are committed to addressing a specific business need with the funds provided by this award (e.g., developing a prototype, creating marketing collateral, etc.).
- They will participate in the UpStarts Incubator program in the semester following the award so they can benefit from the guidance provided by the UpStarts Director.
- Preference will be given to teams of two or more students, especially those that include interdisciplinary expertise (e.g., engineering and business).