New project from Cambridge-based university aims to foster young entrepreneurial talent.
While Harvard’s most well-known innovative (dropout) student was at the center of media frenzy last week, the university is already thinking about the next crop of Zuckerbergs. Harvard is hoping to nurture the culture of innovation in campus through a new innovation lab (i-lab), aiming to foster team-based and entrepreneurial activities and deepen interactions among Harvard students, faculty and entrepreneurs.
The new i-lab is supposed to help Harvard to enhance its innovative activity and innovative reputation. Just think of green businesses as an example – how many of them were created by Harvard alumni? I could think of two – Opower (Daniel Yates) and RelayRides (Shelby Clark). I’m sure there are many more I’m missing, but let’s admit it – when talking about innovation and universities, you think about Stanford or MIT, not Harvard. Now, the i-lab hopes to change this perception.
The i-lab is operating in a building that once housed by local TV studios in Allston, MA, nearby the Harvard Business School (HBS). According to Harvard Magazine, HBS has provided the funding for renovating and staffing the lab (about $20 million), which has roughly 30,000 square feet of space. It has been designed to provide its users an entrepreneurial feel with exposed ceilings, ventilation, bare concrete floors, surfaces coated with white-board paint to accommodate free-form recording of ideas, a kitchen stocked with goodies and an adjoining large-screen TV with an Xbox Kinect game controller.
By Raz Godelnik
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Originally published on Triple Pundit, republished with kind permission.