The final exam for The Hatchery course is unlike any other. Teams of students present the business plan for a startup to a team of judges made up of real-world investors, experienced entrepreneurs, and other experts. The judges ask detailed questions about the new product or service, the financial projections, patent-worthy innovations, and what kind of return on investment they can expect.
A dozen teams from the spring Hatchery have met this milestone in their entrepreneurial journey this week. Team NephroZip felt confident and pleased with their presentation for a new device that will simplify kidney surgery. Three students from Olin and one from the School of Engineering worked with the founder of NephroZip, a medical student, who initially pitched his innovation to Idea Labs.
Congratulations to all the teams! We look forward to seeing their ideas develop beyond the Hatchery into profitable and successful enterprises!