Frequently Asked Questions

Who is the Venture Lab designed for?

The Venture Lab is designed for students and faculty across all programs of study who would like to experience entrepreneurialism through tools, activities, and real-world challenges that students experience. We believe these innovative experiences are critical for the future of work, regardless of whether the student’s goal is to launch a business, address a societal problem, or solve problems as an employee of an organization. 

How does the Venture Lab benefit students majoring in and outside of business?

Recent studies indicate that students are particularly interested in addressing social, economic, and environmental challenges. For this reason, the Venture Lab’s activities place an emphasis on infusing problem-solving, critical thinking, and teamwork skills through addressing student-centered grand challenges, otherwise known as “wicked problems”. The Sustainable Development Goals framework outlines the topics of focus, which apply to nearly all programs of study.

Do students have to have a business or social idea to participate?

No. In fact, students and faculty are encouraged to show up with an open mind. While entrepreneurial individuals tend to see opportunities where others see problems, the opportunity they see may not be the opportunity they ultimately decide to tackle for a variety of reasons.