Budding social entrepreneurs soon will have space to nurture their initiatives in the heart of the University of North Carolina at Chapel Hill campus. The Social Innovation Incubator will open in January in the third floor of the historic YMCA building, home of the Campus Y. The incubator will provide physical space and equipment to its resident teams as well as important resources such as legal, tax, communications and other expert advice.
Applications for residency in the incubator, which can be found on the Campus Y's website, are being accepted now through Jan. 6 at 5 p.m.
To be eligible, teams must:
• Pitch an idea that is an innovative solution to persistent social problems that creates social value through sustainable, systemic change and
• Be UNC students who have thought through short- and long-term challenges, including required resources and sustainability measures.
The top three teams selected for residency in the incubator for the spring semester will be announced Jan. 21 at TEDxUNC: Global Initiative. This conference based on the concept of creation through connection—generating new thought on global issues by connecting existing resources—will be held at the FedEx Global Education Center.
The Social Innovation Incubator supports the Innovate@Carolina Roadmap, UNC's plan to help Carolina become a world leader in launching University-born ideas for the good of society. The incubator is made possible through strategic campus partnerships with the Minor in Entrepreneurship, the Center for Global Initiatives, the Community Development Law Clinic at UNC School of Law, and BASE (Business Accelerator for Sustainable Entrepreneurship), a program of the Center for Sustainable Enterprise at Kenan-Flagler Business School. To learn more about the Innovate@Carolina Roadmap, visit http://innovate.unc.edu/.