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• Creating opportunities for students to learn about entrepreneurship;
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• Enabling teams and their project partners to identify, protect, develop,
and benefit from the intellectual property they create together;
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• Establishing processes and facilities that enable teams to develop their
prototypes into commercial quality products and services;
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• Spreading the benefits of products developed by team by commercialization.
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The SEI provides a natural pathway for students to learn about and experience
entrepreneurship – via the projects that they develop for their partners
in the community. They first design a product or service that fills a known need
in their local community and then explore other markets for it.
They must identify the broader social need their product addresses, the uniqueness
of their product relative to others, the best way to protect the intellectual
property they have created, and the most promising first market for their product.
Following this pathway leads teams to the National Idea to Product (I2P)
Competition for Social Entrepreneurship. The judges in these competitions compare
the product-feasibility plans of the teams that have entered to determine those
that are most likely to be successful. This is very similar to the evaluation
process used by the venture capital community and provides our students with
a very valuable experience they can draw upon throughout their careers.
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