Darden Progressive Incubator

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The Darden Progressive Incubator is a program designed to support promising early-stage business ventures involving Darden MBA students. The Incubator is located on the campus of the Darden Graduate School of Business Administration in Charlottesville, Virginia.

Charlottesville, Virginia Independent city in Virginia, United States

Charlottesville, colloquially known as C'ville and officially named the City of Charlottesville, is an independent city in the Commonwealth of Virginia. It is the county seat of Albemarle County, which surrounds the city, though the two are separate legal entities. This means a resident will list Charlottesville as both their county and city on official paperwork. It is named after the British Queen consort Charlotte of Mecklenburg-Strelitz, who as the wife of George III was Virginia's last Queen. In 2016, an estimated 46,912 people lived within the city limits. The Bureau of Economic Analysis combines the City of Charlottesville with Albemarle County for statistical purposes, bringing its population to approximately 150,000. Charlottesville is the heart of the Charlottesville metropolitan area, which includes Albemarle, Buckingham, Fluvanna, Greene, and Nelson counties.

Contents

Mission

The Darden Progressive Incubator has two primary objectives: [1]

  1. Foster the formation and development of start-up businesses to the point of pursuing and obtaining appropriate third-party investment support, and
  2. Educate participants about the process of new venture development to improve their potential for future success.

Participation

The Darden Incubator is open to anyone within the University of Virginia community with an entrepreneurial business idea; entry is via business concept and business plan competitions held annually at Darden. Once in the Incubator, each business is led by Darden students—whether as principals or as development managers—through a series of increasingly demanding criteria (called "gates") to the point of start-up or abandonment. Each gate is made operational with the help of an outside panel of experts in new venture development. [2]

University of Virginia University in Charlottesville, Virginia, United States

The University of Virginia is a public research university in Charlottesville, Virginia. It was founded in 1819 by Declaration of Independence author Thomas Jefferson. It is the flagship university of Virginia and home to Jefferson's Academical Village, a UNESCO World Heritage Site. UVA is known for its historic foundations, student-run honor code, and secret societies.

Current Members of the Incubator

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References

  1. ↑ "Darden Graduate School of Business (2006)". Archived from the original on 2006-09-12. Retrieved 2006-10-25.
  2. ↑ "Ibid". Archived from the original on 2006-09-12. Retrieved 2006-10-25.
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