{"id":11215,"date":"2013-02-22T17:51:16","date_gmt":"2013-02-22T17:51:16","guid":{"rendered":"http:\/\/baylorproud.wpengine.com\/?p=11215"},"modified":"2013-03-14T21:02:49","modified_gmt":"2013-03-14T21:02:49","slug":"cities-of-waco-addison-step-forward-to-give-young-baylor-entrepreneurs-a-boost","status":"publish","type":"post","link":"https:\/\/www2.baylor.edu\/baylorproud\/2013\/02\/cities-of-waco-addison-step-forward-to-give-young-baylor-entrepreneurs-a-boost\/","title":{"rendered":"Cities of Waco, Addison step forward to give young Baylor entrepreneurs a boost"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" title=\"addison-entre-feb13\" src=\"https:\/\/www2.baylor.edu\/wp-content\/uploads\/2013\/02\/addison-entre-feb13.jpg\" alt=\"Addison-Baylor partnership\" width=\"225\" height=\"303\" \/>In the last month, Baylor entrepreneurship students and alumni have received two big boosts, as the cities of Waco and Addison have each partnered with Baylor to provide the budding entrepreneurs a leg up in starting their own businesses.<\/p>\n<p>In March, the Greater Waco Chamber and Baylor will launch &#8220;<a href=\"http:\/\/www.wacotrib.com\/news\/191508861.html\" target=\"_blank\">Thinc Space<\/a>,&#8221; a business incubator for creative start-ups that will house Baylor&#8217;s Accelerated Ventures Program. Students enrolled in the program will receive free office space downtown for up to two years as they build their businesses; they will also have access to mentoring, support and professional expertise from\u00a0a network of local business owners.<\/p>\n<p>Each year, eight three-person teams within the <a href=\"http:\/\/www.acceleratedventuresprogram.com\" target=\"_blank\">Accelerated Ventures Program<\/a> take a business from idea to reality over the course of the two-semester program. Within 45 days of the beginning of class, they are expected to have launched their company; it should be generating revenue by the end of the first semester, and profitable by the end of the second semester. Each team\u00a0receives\u00a0$5,000 in seed money from the Baylor Angel Network. (The program is part of Baylor&#8217;s\u00a0entrepreneurship\u00a0program, which was ranked <a href=\"https:\/\/www2.baylor.edu\/2012\/09\/baylor-entrepreneurship-program-ranked-no-2-in-the-country\/\" target=\"_blank\">No. 2 in the country<\/a> last fall by <em>The Princeton Review<\/em>.)<\/p>\n<p>After graduation, Accelerated Ventures Program alums can choose to stay and further cultivate their businesses here in Waco, or take advantage of the second boost: <a href=\"http:\/\/www.dallasnews.com\/business\/small-business\/20130205-addison-creates-incubator-for-baylor-universitys-accelerated-ventures-program.ece\" target=\"_blank\">free office space for an additional year in Addison, Texas<\/a> (north of Dallas), provided by the Town of Addison. There, the new business owners can continue to benefit from the expertise and support of a community of seasoned economic developers, this time in North Texas.<\/p>\n<p>Graduates of the program have already launched companies such as <a href=\"http:\/\/www.avundas.com\" target=\"_blank\">Avundas Skin Solutions<\/a>, a vitamin C skin care line;\u00a0<a href=\"http:\/\/www.whol-ewater.com\" target=\"_blank\">Whol-E Water<\/a>, specially formulated bottled water; <a href=\"http:\/\/www.shavespeare.com\" target=\"_blank\">Shavespeare<\/a>, a high-end shaving kit; and <a href=\"http:\/\/www.vendevor.com\" target=\"_blank\">Vendevor<\/a>, which offers a new approach to online sales.<\/p>\n<p>Sic \u2019em, Baylor entrepreneurs!<\/p>\n<p><em><strong>You might also like:<\/strong><\/em><br \/>\n<em>*\u00a0<a href=\"https:\/\/www2.baylor.edu\/2013\/01\/im-thirsty-alums-product-allows-plants-to-text-you-when-they-need-water\/\">\u2018I\u2019m thirsty!\u2019: Alums\u2019 product allows plants to text you when they need water<\/a>\u00a0(Jan. 2013)<\/em><br \/>\n<em>*\u00a0<a href=\"https:\/\/www2.baylor.edu\/2012\/07\/young-alums-san-antonio-boutique-serving-through-sales\/\">Young alum\u2019s San Antonio boutique serving through sales<\/a>\u00a0(July 2012)<\/em><br \/>\n<em>*\u00a0<a href=\"https:\/\/www2.baylor.edu\/2009\/11\/young-grads-company-uses-water-bottle-sales-to-provide-water-for-those-in-need\/\">Young grad\u2019s company uses water bottle sales to provide water for those in need<\/a>\u00a0(Nov. 2009)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last month, Baylor entrepreneurship students and alumni have received two big boosts, as the cities of Waco and Addison have each partnered with Baylor to provide the budding entrepreneurs a leg up in starting their own businesses. In March, the Greater Waco Chamber and Baylor will launch &#8220;Thinc Space,&#8221; a business incubator for [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,14],"tags":[],"class_list":["post-11215","post","type-post","status-publish","format-standard","hentry","category-academics","category-alumni","category-student-life"],"_links":{"self":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts\/11215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/comments?post=11215"}],"version-history":[{"count":0,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/posts\/11215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/media?parent=11215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/categories?post=11215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.baylor.edu\/baylorproud\/wp-json\/wp\/v2\/tags?post=11215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}