This week, the 4th year students completed their third feasibility study. Last week, 10 external idea owners presented their business ideas to the class. Some of these were selected by the teams, and put under scrutiny through five days of hard work. The students did research on the product, competitors, markets and possible business models, to mention some aspects of their feasibility studies. After gathering tons of information, the students have to process and communicate their findings in a short hand-in. On Friday all the groups presented their findings to the class and a panel of experts.
The feasibility tests include a lot of hard work, but is also a good way to get to know your classmates. In December the students will form teams, which will go on to create start-ups in January. As Paul Graham, co-founder of Y Combinator put it:
You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible.
We have done it again! Startups from the NTNU School of Entrepreneurship are really good at communicating what they do and the value it brings. This makes them great at getting soft-funding. The last couple of weeks this has paid off for several NSE startups.
We look forward to seeing more from our alumni and co-students’ startups!
A month has passed by and the new students have already gotten their hands dirty. They have completed two feasibility studies, consisting of intensive work where they test business ideas to see if they have potential.
Some of the business ideas that have been tested are internal, while others have external idea owners. Last week the 4th year students searched in every nook and corner to find good ideas here at NTNU. Being part of Norway’s largest university proved fruitful as many professors had ideas they wanted our students to look into.
The work is documented in a short report and presented for the staff, classmates and some externals. What a great way to kick off the NTNU School of Entrepreneurship!
Up next? This Tuesday the 4th year students will be visiting TrønderEnergi to see what exciting possibilities exist within the energy and power domain.
STUD-ENT is a pilot project by the Research Council of Norway (Forskningsrådet) which aims to have more students working on their own commercialization projects after completing their studies at Norwegian universities and university colleges. After evaluating 47 applications and 30 student pitches in front of an expert panel, 22 different startups from across Norway have received 1 million NOK each.
With a total of 8 going to NTNU this year, 5 of these have a direct connection to students at the NTNU School of Entrepreneurship.
Congratulations again to Alva, Astronaut, Hark Technologies and Versor in the graduating class, as well as alumni-led MYPSY. 🙂
In the media:
Ønsker du å søke NTNUs Entreprenørskole? På mandag 10.april setter vi igang en livestream her på facebook hvor du kan stille spørsmål og høre hvordan det er å gå på Entreprenørskolen. Vi svarer LIVE.
Du kan sende inn spørsmål på forhånd, eller under livestreamen. Meld interesse på FACEBOOKEVENTET
Vel møtt og god påske!
The NTNU School of Entrepreneurship will hold an Information Meeting tomorrow (Thursday, 16th of March) at campus Gløshaugen. If you’re curious about applying for our master’s program, you should definitely attend!
More info on the event here: https://www.facebook.com/events/613872235477179/
We’ve made a new promo video for the NTNU School of Entrepreneurship!
Check it out here:
Also remember the deadline to apply, April 15th.
Har du en gründer i magen? Ønsker du å skape din egen arbeidsplass? Kjenner du deg igjen i utsagnet ‘selv om det ikke er enkelt så skal ikke DET stoppe deg’?
Masterprogrammet NTNUs Entreprenørskole har hundrevis av søkere og tar kun opp 35-40 studenter hvert år. Nå har du muligheten til å snike i køen og komme gjennom første nåløye før alle andre!
Vinnerteamet er sikret intervju med fagstaben og professorene bak det hele!
Vi velger ut ett heldig Team hvor hver enkelt medlem er sikret intervju. Dette vil gi deg en fordel som søker på NTNUs Entreprenørskole.
Vinneren blir kåret 16.mars.
Caset blir publisert 7.mars her på Entreprenørskolen.no og leveres 4 dager senere!
NSE Alumni FlowMotion Technologies are preparing to launch their first product, the FlowMotion One: a smartphone stabilizer to end all shaky videos. Yesterday, they wrapped up their Kickstarter campaign to the tune of a whopping $1,3 million!
We’re proud, and join the other 5,508 backers in believing this is the start of something big.
Congratulations from all of us at NSE! 🙂
PS: If you want to check out their kickstarter page, click the link below: