According to statistics tracked by the Skandalaris Center, graduates of Olin’s Hatchery course have been very successful at launching startups, securing funding and creating jobs. From 2008 to the present, The Hatchery can boast:

170 total projects
77 launches
49 still operating – a 64% success rate
$33.8 Million raised
375 full-time positions created
15 provisional patents filed
51% of companies launched in St. Louis

Hundreds of students have taken Olin’s popular entrepreneurship course, The Hatchery, since it was started in 1996. In the beginning students worked for outside entrepreneurs, but since Cliff Holekamp took over the course in 2008, students come to the class with their own startup ideas and develop a business plan during the semester  – many with a goal to launch the business.

“I am delighted by the resourcefulness of our students,” said Clifford Holekamp, senior lecturer in entrepreneurship and director of the Entrepreneurship Platform at Olin. “More importantly, my objectives for the course are still academic. My goal is to teach our students the lessons that will help them be more successful in any of their future endeavors — whether it be a startup right out of school, or a business initiative years down the road.”

See more statistics on The Hatchery compiled by the Skandalaris Center, here.

To learn more about startup initiatives on the Washington University campus, visit Fuse​, the new website dedicated to entrepreneurship and innovation.

Erika Ebsworth-Goold contributed to this post.

https://infogr.am/hatchery_impact_2008_present