Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 4)

By guest authors Irina Patterson and Praveen Karoshi

Irina: What sources do you use for angel financing?

Art: We have a few fairly robust angel networks here. We have a couple of organized groups that are in effect almost the equivalent of an early-stage seed fund. One of them is called Smithfield Trust Company and another is called BlueTree Allied Angels. >>>

Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 3)

By guest authors Irina Patterson and Praveen Karoshi

Irina: When did you launch the accelerator?

Art: We launched last summer for the first time, and we are planning to run it again this summer. We will take probably three or four companies for a period of three months. Last summer we had six companies apply and we took four. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile – Santiago (Part 5)

By guest authors Irina Patterson and Candice Arnold

Irina: Are there any other interesting entrepreneurs in your program?

Jean: There’s H2020 created by Erika Anderson, who is an alumna of Singularity University in Moffett Field, California. [They collect data using their unique mobile phone-based survey. H2020’s Water Poverty Initiative seeks to “improve public knowledge about water problems in slums, increase the efficiency with which information is gathered and published, and stimulate implementation of scalable solutions.”] >>>

1M/1M: How We Will Interface With AngelList

In our recently concluded interview series with AngelList cofounder Naval Ravikant, we discussed how AngelList and 1M/1M will be interfacing. Below, I am synthesizing the discussion.

AngelList gets more than 7,000 deals a year at this point, and this is sure to increase over time. According to Naval, more than 95% of these deals are not ready for funding. At 1M/1M, we focus on very early stage entrepreneurs, and whether you want to apply to AngelList or to an incubator like Y Combinator, TechStars, or DreamIt, we focus on getting you to the point where your chances of success are significantly higher.

So, let’s review what AngelList is looking for.

>>>

Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 2)

By guest authors Irina Patterson and Praveen Karoshi

Art: Our business accelerator is wrapped in the academic program. The people who participate in it are either spending three months in the program between the first and the second years of their MBA program, or they do it after they graduate with an MBA when they are launching their company. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile — Santiago (Part 4)

By guest authors Irina Patterson and Candice Arnold

Irina: What entrepreneurs could expect to spend on living expenses while they stay in Chile?

Jean: That would depend on how you want to live. There’s an entrepreneur who lives in a normal apartment. He has a swimming pool on the top floor of the building. He’s probably paying $800 [a month]. You can live with less. You can live with more. On our site, we have that comparison of living expenses. Going out for dinner in a normal restaurant is about $20 per person. Renting an apartment would be between $600 and $800 for two people. >>>

Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 1)

By guest authors Irina Patterson and Praveen Karoshi

I am talking to Art Boni, director of the Donald H. Jones Center for Entrepreneurship and professor of entrepreneurship at the Tepper School of Business at Carnegie Mellon University.

Carnegie Mellon was one of the pioneers in introducing entrepreneurship courses nearly 40 years ago, in 1972. According to the university, today its Don Jones Center of Entrepreneurship averages three new business spin-offs every year. And, Carnegie Mellon University, the center’s incubation partner, each year supports an average of 10 new business spin-offs. In addition, Google, Apple, Intel, Microsoft, and Disney are campus residents providing students with many opportunities for entrepreneurial collaboration. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile – Santiago (Part 3)

By guest authors Irina Patterson and Candice Arnold

Irina: Do you have any entrepreneurs from the U.S.?

Jean: We have people from Wisconsin, California, and Utah. We’re trying to attract the best entrepreneurs from around the world. We’re not only looking for high-tech entrepreneurs, we’re looking for any entrepreneur who can see an opportunity here in Chile. We’re looking for mining, agriculture – the possibilities are endless. >>>