Solution Proposal:

Building on the grant opportunity and partnership between Hampton University and SourceEnergy Foundation, we propose the creation of a comprehensive solution that leverages the Tech Innovation Center, Tech Research Park ecosystem, and the resources available at Hampton University’s Center for Entrepreneurship and Virginia Workforce Innovation & Entrepreneurship Center (VWEIC). This solution aims to foster tech innovation, entrepreneurship, and economic growth within the HBCU community.

1. Upgrading Broadcasting Studios: As part of the solution, we will focus on upgrading Hampton University’s television and radio broadcasting studios to enhance their capabilities. This will enable integration with HBCU campuses, allowing for collaborative content creation and knowledge sharing across institutions. The improved broadcasting capabilities will serve as a platform for showcasing tech innovation, entrepreneurship, and the achievements of HBCU students and faculty.
2. NASA Patented Technologies: With access to over 1,200 NASA patented technologies, we will identify 50 technologies that are suitable for adoption by STEM entrepreneurs. These technologies will be made available to Hampton University’s Center for Entrepreneurship and Virginia Workforce Innovation & Entrepreneurship Center, providing a valuable resource for aspiring tech startup founders. The entrepreneurs will have the opportunity to leverage these technologies to develop innovative products and solutions.
3. Pipeline of STEM Entrepreneurs: Hampton University’s Center for Entrepreneurship, in collaboration with the VWEIC, has already cultivated a pipeline of over 300 STEM entrepreneur founders. We will continue to support and nurture these entrepreneurs by providing mentorship, resources, and access to funding opportunities. This will strengthen the ecosystem for tech innovation and entrepreneurship within the HBCU community, creating a supportive environment for budding founders.
4. Certifications and Industry Credentials: Through the VWEIC, a comprehensive training program will be offered to entrepreneurs, covering business essentials, soft skills, and industry-specific content. Participants will have the opportunity to earn certifications and industry credentials, enhancing their skills and marketability. This program will equip entrepreneurs with the knowledge and tools necessary to navigate the challenges of starting and growing a successful tech startup.
5. Economic Impact and Job Creation: The combined efforts of the Center for Entrepreneurship and VWEIC have already demonstrated significant economic impact, with entrepreneurs in the program generating over $31 million in revenue and employing over 1,300 people. This solution aims to expand on this success by further supporting entrepreneurs, fostering job creation, and stimulating economic growth within the HBCU community.

Conclusion: By leveraging the resources and expertise of Hampton University’s Tech Innovation Center, Tech Research Park, Center for Entrepreneurship, and VWEIC, along with the NASA patented technologies, we can create a comprehensive solution that promotes tech innovation, entrepreneurship, and economic empowerment within the HBCU community. This solution will provide aspiring entrepreneurs with the necessary tools, training, and resources to succeed in the ever-evolving tech industry.