Idea Generation and Innovation

What do you think of when someone says “innovation”? Many people think of product innovation, such as Apple, or process innovation, such as Dell. On October 15, the Butler Venture Accelerator held a lunch and learn session on idea generation and innovation. Innovation is not the same as idea generation, it is a much longer…

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Yerim Kim

Identifying Customer Needs and Prototyping

On October 6th, the Butler Venture Accelerator had a workshop on identifying customer needs and prototyping. This workshop aimed to help entrepreneurs to learn how to generate new business ideas based on customer needs. Participants created a simple prototype of a wallet. In the process, participants interviewed their “customer,” created a simple prototype and pitched…

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What To Do With a Really Big Idea

Entrepreneurs have ideas, sometimes lots of ideas. But how do you get from idea, to an actual business opportunity? Oftentimes many entrepreneurs think they have a great idea, create the product/service, but don’t think about the other dimensions of the business. On October 2, the Butler Venture Accelerator had a lunch and learn session on…

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Daniel Qualls

Sales for Startups or: How I Learned to Stop Worrying and Love Vaporware

First, the long title of this blog post (and GIF above) are taken from the 1964 Stanley Kubrick film Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb. This post has nothing to do with Stanley Kubrick or nuclear war, but I thought “stop worrying and love vaporware” was a perfect…

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What To Do While Exploring

It’s been a couple weeks since we notified our first batch of Accelerator participants about what stage they’ll start out in the Butler Venture Accelerator. Many, like you, may be exploring various ideas and not sure what to do next. Cindy Klein Marmer, advisor to the Explore stage of the Accelerator, hosted a “Welcome to…

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Accelerating Your Venture at Babson

With the recent rankings that Babson is #1 for entrepreneurship (U.S. News, The Princeton Review, Entrepreneur Magazine), it is no surprise that many students that come to Babson want to start, have or be part of an entrepreneurial venture. The Blank Center’s Butler Venture Accelerator supports and advances student entrepreneurial businesses in each phase of…

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Yerim Kim

Generating New Business Ideas: Empathy and Customer Focused Design

The idea is crucial in starting a business. The first Butler Venture Accelerator activity this year was a lunch and learn session on how to identify, refine ideas, move forward, while keeping customer design in mind. Great ideas often solve problems that are not our own. Usually the group of people that we solve problems…

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Five Mistakes Startups Make

Never a dull moment in the Blank Center! We have been gearing up for new and returning students looking to advance their entrepreneurial ventures through the Butler Venture Accelerator. The sixth year of the Summer Venture Program finished August 1, where we had 16 Babson businesses participating in SVP, a 10-week intensive experience designed to…

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Yerim Kim

Takeaways from SVP alum Sara Gragnolati M’10

Summer Venture Program alum Sara Gragnolati M’10, founder and CEO of Cocomama Foods, spoke with the 2014 cohort and shared her takeaways from founding venture. Gragnolati has 10+ years of experience in the natural products industry. Cocomama Foods uses ancient grains to create gluten free, nutritious, delicious, on-the-go foods. Gragnolati won the 2010 Douglass Competition,…

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Yerim Kim

Takeaways from SVP alum Alex Debelov ’10 (Virool)

Summer Venture Program alum Alex Debelov’10, founder and CEO of Virool, spoke with the 2014 cohort and shared his takeaways from founding a venture. Debelov won the 2010 John H. Muler Business Plan Competition, the predecessor of the B.E.T.A. Challege, and was named a Top 5 College Entrepreneurs by Entrepreneur Magazine in 2010. Here are…

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