WELLESLEY, Mass., June 19, 2013 /PRNewswire-USNewswire/ -- Babson College startups are receiving support this summer in Undergraduate and MBA Hatcheries located on Babson's Wellesley campus.
As part of the John E. and Alice L. Butler Venture Accelerator Program, the undergraduate and graduate Hatcheries provide a vibrant atmosphere conducive to sharing ideas and information among student teams, faculty, executives-in-residence and visiting entrepreneurs. Visit http://bit.ly/16gu0cE
The Hatcheries function like incubators where student entrepreneurs have access to professional and semiprivate workspace to grow their businesses. Student businesses go through an application process before they are selected. Teams are awarded space in the Hatcheries one term at a time. Visit http://bit.ly/19RiclU
In spring 2011, Boston-based office space became available to graduate students (supported by the Babson Graduate School), in addition to space on campus. The Boston-based office space is only available during the academic year.
There is no cost to participate in the Hatcheries but all student businesses are invited to contribute a percentage of their equity position to Babson through our Founder's Fund. This Fund was created by alumni as a "venture capital fund" used to support Babson's mission of providing entrepreneurial education.
Summer 2013 Hatchery Businesses
88 Acres (Robert Dalton M'14 and Nicole Ledoux) - 88 acres provides great-tasting, organic snack food products that are manufactured in a nut and gluten free environment for the health and allergy conscious consumer. @88acresfoods 88-acres.com
Performance Fireflies (Iva Toudjarska M'13) - Performance Fireflies is bringing high-performance pants to high-performance kids and parents.
Photo Oil (Lei Wang M'13, Nick DiMatteo M'13 and Ronald Diep '15) - By leveraging talents of photographers and painters, Photo Oil is a service supplier that converts photos in any form into hand painted oil paintings. @PhotoOil1 www.photooil.com
YupStart (Eugene Hui M'13 and Elliott Wade) - Yupstart's platform connects project leaders with supporters to meet funding, talent and material needs for projects of any stage. www.yupstart.com
BandSheep (Jimmy Gozal '16) - BandSheep is a social platform that connects local musicians and bands. BandSheep's holistic vision is to build a network that connects and helps everyone in the music industry. www.facebook.com/bandsheep
Volloonteers (Seung Hwan Shin '14 and Ronald Diep '15) - Volloonteers is a social platform that connects volunteers to events and connects events to donors.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value. For information, visit www.babson.edu
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SOURCE Babson College