Just heard about this from TechCocktail. IllinoisVentures is starting a program called iVentures10 which will fund tech startups if you are a college student. I think is a great opportunity for kids out here in the Midwest. I wish I had an opportunity to take advantage of something like this back when I was in college. Here’s the scoop:
- 2-4 people, at least one has to be a student or recently graduated
- You’ll build a prototype in 10 weeks
- They’ll invest up to $25,000
- They won’t sign an NDA
- They’ll help you form your company
I found this part really funny:
Do NOT send PowerPoint decks or business plans. If we receive one, you will be automatically dinged.
Coming from Accenture where people create PowerPoint decks for breakfast, I thought this was really telling of the kind of people they are looking for and the kind of people they avoid like the plague. Corporate types need not apply.
Pek Pongpaet is an internet entrepreneur. Pongpaet’s expertise ranges from product design and development, user experience, and martial arts. Pongpaet worked at Accenture Technology Labs in the research department coming up with next generation user interfaces. At Roundarch, a technology and strategy consulting firm, Pongpaet’s work included envisioning and designing the dashboard of the future for the Tesla Model S electric car. He has given talks at Northwestern University, DePaul University, and University of Chicago on topics such as Design, Innovation, Technology, and Entrepreneurship.







My name is Pek Pongpaet and I'm an entrepreneur, developer, designer, tech geek, martial artist, mac enthusiast, tinkerer, foodie, and blogger.












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