"Immersive experiences that embed students in the fast-paced, ambiguous environment of an early-stage venture are an essential ingredient of entrepreneurial education,” said Sarah Goforth, executive director of the Office of Entrepreneurship and Innovation.
Students will be able to get hands-on experience with early-stage technology startups through a new program being launched by Startup Junkie, in collaboration with the University of Arkansas Office of Entrepreneurship and Innovation, Innovate Arkansas and the Northwest Arkansas Council.
Funded by the Walton Family Foundation, the Science Venture Studio supports early-stage technology ventures in their pursuit of milestones needed to receive non-dilutive federal funding. The grant includes support for two student fellowships per semester for the next two years.
Each fellow will be partnered with an SVS client company to work over the course of a semester to conduct market research, customer discovery, and other duties as needed to reach the milestones the companies have identified for a successful Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposal.
These students will be selected based on the alignment of their skills and interests with SVS client companies’ needs. They will be an essential member of the team during that time period and will receive training and coaching through the SVS and the U of A’s Office of Entrepreneurship and Innovation during the period of their fellowship.
Applications will open in late August, and fellows will receive a stipend. The fellowship is intended for graduate students from any discipline, but exceptional upperclassmen will also be considered. Email firstname.lastname@example.org for more information.