Tech After Hours Wrap-up From Last Week & Conversation On Entrepreneurship in Greater Lafayette
Last Wednesday, Ji Soo Yi of Purdue ICC gave the Tech HUB people an insightful presentation on “Visualized Decision Making”. Techniques like Dust & Magnet are extremely powerful for visualizing the information – “dust” is the data and “magnet” is the various attributes and conditions that may change how the data is being displayed for research and interpretation. HIVE Lab‘s projects and research technologies like “Food for the Heart” and “SimulSort” were demoed to the Tech After Hours attendees.
Dave L. – “Ji Soo Yi’s presentation was very thought-provoking and relevant to current projects. The conversations on entrepreneurial activities were valuable.”
Conversation about entrepreneurship eco-system in Greater Lafayette
The actual conversation about entrepreneurship in Greater Lafayette that followed Ji Soo’s presentation was extremely valuable.
Topics like startup education, encouraging the local entrepreneurial spirit, attracting angel groups in Greater Lafayette, managing the risk of starting a business, co-working policies, were just a few aspects of the group’s conversation.
Dave J. – “Ji Soo’s talk was interesting and has opened up some visualization logjams in my head, but the real value of time together was afterward, discussing the problems of creating the entrepreneurial environment in Lafayette.”
Two founders of a new tech startup were present. They will move the startup’s operations to Lafayette and are interested in finding the right resources for it. They will soon close a first round of funding.
They are another great model and proof that Lafayette is ready to nurture new startups.
Groups like Lafayette Tech and Purdue ICC continue to educate other local groups about this being the right time to push the local entrepreneurship spirit and growth.
To us at Lafayette Tech, all this local startup education is solved simply by having an independent place/entity, a non-profit 3rd party that will handle the entrepreneurship ideas, their business education, and the growing community of startups over the next 2-3 years and beyond.
Students and non-students would need to mix and connect to each other and the local community of people and businesses, comfortably share ideas and find co-founders and other resources, and most importantly own “100% of nothing” while interacting with each other to grow their idea.
By letting students and non-students own “100% of nothing” for a while, in an independent environment, we’ll create a trend in the community and more startups will arise, while few of them will definitely become successes.
By keeping this community connected every week and month to a series of real entrepreneurship events that will spark the hope for their ideas, more students and non-students will eventually form new companies, angel groups will notice the real entrepreneurship trend in this area, more students will come to local universities and remain to live around Greater Lafayette to pursue their happiness.
Tech HUB’s current model for growing the entrepreneurship eco-system around Greater Lafayette and the state of Indiana is supported by these ongoing activities:
- Startup acceleration, mentorship (Tech HUB)
- Educational classes and conferences (Tech Academy)
- Monthly idea generation meetups (SimpleTalk)
- Monthly idea implementation hackathons (Hack Days)
- Monthly idea launch/demos (Startup Showcase)
- Annual Demo Day
- Bi-annual Startup Weekend
- Larger local conferences with various themes and topics
We believe in this concept and other suggestions around it, and we know it will work with some local support.
How would you like to help and get involved?