OXFORD, Miss. – The University of Mississippi’s Center for Innovation and Entrepreneurship, Insight Park and School of Business Administration are co-hosting Startup Weekend Oxford, set for Feb. 12-14.
The weekend will feature Innovation Boot Camp, Discovery Luncheon and Startup Weekend activities. The beginning of the weekend will give participants experience with assembling business models, with the end of the weekend resulting in pitching these business models to potential investors.
Innovation Boot Camp is a two-hour workshop beginning at 3 p.m. in Holman Hall, Room 38, designed to help students develop viable business and product ideas. Students are able to have one-on-one communication with faculty and brainstorming sessions with other participating students. The boot camp is the Startup Weekend kickoff event for students.
The Discovery Luncheon begins at 11:30 a.m. Feb. 12 at the Oxford Conference Center and features guest speaker Garret Gray, president and CEO of Next Gear Solutions of Oxford.
Later that evening, the Startup Weekend activities commence. Over the course of 54 hours, participants have an opportunity to create a viable business. Powered by Google for Entrepreneurs, this three-day event brings together entrepreneurs, programmers, coders, developers and other business-minded individuals to form ideas and create business plans.
“Startup Weekend is an opportunity for startup enthusiasts to collaborate and go from concept to creation over a weekend,” said William Nicholas, UM director of economic development and organizer of the event. “It is a real pleasure to be surrounded talented people with a passion for entrepreneurship.”
Participants begin by taking 60 seconds to pitch their ideas to the group of attendees. All attendees vote for their favorite ideas, and the winning ideas are selected to build upon for the weekend. The group then divides into smaller teams, and each team spends the remainder of the weekend focusing in on a single business idea to develop.
Clay Dibrell, associate professor of management and holder of the William W. Gresham Jr. Entrepreneurial Professorship, is also the CIE’s executive director. He said he is excited to see members of the campus, community and state entrepreneurial-focused organizations work together to make this event possible.
“It is thrilling to see people who come to Startup Weekend with just an idea, and then over the weekend, you can see these potential entrepreneurs turning the corner from an idea to starting a new venture,” he said.
Stephen D. Johnston, CEO and board member of SmartSynch Inc. in Jackson, is the guest speaker on Friday night. His expertise at leading his company from start-up to a global technology leader for cellular-based smart grid communications will inspire participants in their quest to succeed as entrepreneurs.
During the course of the weekend, volunteer coaches will assist the teams and provide advice. A panel of professionals evaluates each group’s business development and their chances of real-world success.
“It is a highly beneficial partnership between Ole Miss entrepreneurship and entrepreneurship entities outside of the university,” Dibrell said. “Our common goal is to build an entrepreneurial ecosystem which allows Mississippi entrepreneurs to successfully stay in Mississippi.”
Insight Park staff members, the Oxford-Lafayette County Economic Development Foundation and employees of Innovate Mississippi organize Startup Weekend Oxford.
Registration is open to the public. Tickets for students are $25 and $50 for nonstudents. Click here to register.