The University of Michigan- Flint campus is larger than just faculty, staff, and classrooms. The campus stretches north of the Flint River and includes the Northbank Center, which contains the dance studio, University Outreach and the Innovation Incubator, also known as [IN], located on the building’s second floor.
The following is a top ten list of opportunities and activities available at [IN] Monday through Friday, nine a.m. to five p.m. for any stage entrepreneur:
Use the foam cubes to create a desk, fort, throne, tower, podium and any other cool configuration you can think of for maximum productivity or relaxation.
9) Hang Out
Lounge on the blue couch and watch cable television on the wall-mounted flat screen. The 54” smart television is also connected to the internet and can be used for Skype or just catching up on sports and world news.
[IN] has a large reference library of business- related books and magazines available for browsing.
Sections labeled “Sales and Marketing,” “Legal,” “Budget and Finance,” “Start ups,” “Leadership and Management” and many more cover the full spectrum of business development and document templates.
A selection of current and back issues from various Michigan and business magazines also fill the shelves including: Fast Company, Wired, dBusiness, Stanford Social Innovation Review, Yes!, FCW, Crain’s Detroit Business and Inc.
The co-working space, NBK 207, is open to both students and community members. It can hold meetings of between 4 and 24 people and is the perfect downtown location for startup businesses looking to meet with perspective clients in a professional setting. It is also a great place to work with other entrepreneurs and develop the next great idea!
Space may be reserved through the staff working in the incubator.
Bring your laptop! [IN] offers WiFi through the university’s MWireless and has plenty of Herman Miller ergonomic Caper chairs to help create a productive atmosphere for guests.
Have a drink! The space also provides a selection of Keurig coffees, hot chocolates and teas, soda pop and a water cooler. Guests are welcome to help themselves to a drink, although there is a suggested donation of .50 cents per item for additional drinks to allow the staff to purchase more items when the stock runs out.
Stay for a workshop, [IN] provides a free series of business- related workshops during the academic year to support students and the community.
Past workshops have included accounting skills, social innovation, women entrepreneurs and many more topics from speakers with years of experience. Registration is recommended as space is limited.
[IN] is able to provide a downtown mailing address to student businesses to give them a secure professional setting to receive letters and packages and send mail from.
One of the most important services the Innovation Incubator offers to start up organizations is business plan development assistance.
Utilizing the business model canvas (taken from the Business Model Generation book by A. Osterwalder and Y. Pigneur, which is available in the reference library) businesses work with [IN] staff to storyboard their target goals, audiences and products allowing them to better realize how to make their business ventures financially successful.
All prospective businesses should first go online and fill out the 20 Questions about your business form, which is sent to an [IN] staff member. Staff will contact applicants for a one-on-one meeting so the business’s space and technical support needs can be identified.
The Innovation Incubator provides physical office space to University students with start-up ventures. Co-working space is available to community members for creating and collaborating. University students and the community can take advantage of free resources and consultancy services to support experiential learning. These include workshops that focus on elements of organizational management and an annual conference dedicated to social entrepreneurship. All efforts are focused on assisting clients in their learning processes as they develop the capacity for leadership and accomplishment.