5 Reasons To Launch Your Startup In A University
Entrepreneur magazine|Startups January 2023
Collaboration with universities and even launching alongside the college open vast opportunities for startup development and thriving growth.
Pavel Podkorytov
5 Reasons To Launch Your Startup In A University

Time is inexorable. Pervading everything, it draws our world into the whirlpool of its motion. It seemed only yesterday that first-year students had begun their studies, and now they are facing the last stage of the defense of their thesis, and the door to the new world is opening.

How comfortable and predictable this world will be depends not only on the level of knowledge but on their ability to apply it. Other components like character, intelligence and circumstances also play an important role in shaping the trajectory of their professional life.

For this reason, graduates are eager to start their own businesses or link up with startups they feel a connection to. Last year, startups linked with Stanford University raised $76.7 billion in VC investments. In addition, there's a new movement for companies to start closing the skills gap by training employees in-house.

Startups can take advantage of both of these situations by linking up with a strong university and launching alongside the college. There are many benefits to developing a relationship with a well established university, but these five reasons are linked to more growth, innovation, long-term success and overall profitability.

This story is from the Startups January 2023 edition of Entrepreneur magazine.

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This story is from the Startups January 2023 edition of Entrepreneur magazine.

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