USF Opens Incubator to Hatch Students' Businesses
What do a Tampa neighborhood grocery store, a watermelon juice maker and an online marketplace for goods from indigenous tribes around the world have in common?
Two things actually: they're all businesses created by USF students, and they're among the fifteen charter members of the USF Student Innovation Incubator.
The incubator is the brainchild of USF students Keosha Poole and Dez Williams (creator of the watermelon juice maker, AquaMelon Water).
"The purpose (of the incubator) is to spur innovation and entrepreneurship on campus, across the different colleges we have; we want to essentially create jobs out of the student ventures we have on campus," according to Poole, a dual Masters student with the Patel College of Global Sustainablity and the College of Business Center for Entrepreneurship.
"Tampa has a lot of students that come to school here but they end up leaving and going and find jobs somewhere else; it’s not because they can’t find a job here, its cause they were unable to create a job here," she added.
The incubator tries to foster that creative spirit by offering young business people an inviting place to set up shop for free.
"It’s very important that they have a quiet space, a space that really supports their entrepreneurial endeavors, and a space to call their own and to build a business from on campus," Poole said.
Member companies can access the facility 24 hours a day, seven days a week, and even use the facility’s mailing address and phone system as their contact information.
"We are establishing a mentor program so that students can come in with their companies will be assigned an industry-specific mentor. That mentor will stay with them throughout the (business' first) 12 months," Poole said. "We also give them access to subject matter experts—if they have technical questions where they need to get some type of expertise."
Forty businesses applied for the initial spots in the incubator, with 15 making the cut. Dr. Paul Sanberg, USF’s Senior Vice President for Research & Innovation, only wishes they could have approved all of them.
"I wish that we could give every single student the opportunity to develop and grow in entrepreneurism, to understand what it is, to help the community, to evolve in the economy. Here we have the chance to take that first step and take those that have roots for a dream and some really good ideas, to facilitate their entry into business," Sanberg said.
USF graduate student Karine Becerra runs one of the incubator's members. Her company, Fly Tribes, is an online marketplace for indigenous goods made by tribes from all over the world.
"What I want to do is link up the indigenous artisan directly with the consumer – I’m not going to handle inventory. I really just want to make sure that they have the means and technology to knit their stuff, take a picture, put it online, and when they sell it, they mail it directly to the customer," she said.
Becerra already has 10 tribes she works with, but knows that if she wants to expand the business, she'll need the incubator's assistance.
"I really need to build my team, this is really heavy on engineering, I know it looks like ‘artisan’ and ‘handcrafted,’ but it’s heavy on the engineering side if it’s going to be an online marketplace exclusively, so that’s I hoping to get help with – the tech part of it," Becerra said.
And that's why she's glad the incubator is helping her get Fly Tribes up off of the ground.
"They know that a lot of good ideas are coming from young people or students at least that are just in that mind frame of solving problems, all types of global problems," Becerra said. "So I think it’s a really bold idea to give students so much access to resources and much support, but I think in the end, they know it’s going to pay off."
Companies interested in joining the USF Student Innovation Incubator have to be owned by current USF students.
The first round of Incubator companies are:
- Collegebom.com - an interactive website for college students to buy, sell and trade school supplies, electronics, and many other items with other students right at their college or university at an often discounted or significantly reduced price
- INOVA - digital marketing agency
- FindMyClass - an app that helps college students find their classrooms
- AquaMelon Water - a hydrating bottled watermelon juice product line
- Fly Tribes - online marketplace for goods from indigenous tribes around the world
- MedAlign - pairs excess medical supplies with medical needs worldwide, cutting down on waste
- TC Venchur - provides a medium for selling event tickets online, graphic designing services for tickets, and event photography
- Swap Shop Mobile - online marketplace for college textbooks
- One Global Farm - creator of a global network of sustainable micro-farms to provide fresh healthy food
- PikMyKid - mobile app-based tool to track school dismissal of students and provide updates to parents and school administrators
- 1 Apple Grocery - neighborhood grocery store providing nutritious food to underserved Tampa communities
- Draeh Studios - online video game creator
- Vascher Laundry Service - pick-up and delivery laundry service for college students
- Queen of Nature - natural hair care product line
- unnamed company headed by engineer Roy Wilber, offering architectural scale study models produced from CAD drawings and 3D digital renderings of civil infrastructure and building structures