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Incubating startups

Wednesday, July 10, 2013

Several startups being incubated in the Schulze School of Entrepreneurship's Lab were profiled in a feature in the July issue of Minnesota Business magazine.

At many business schools the faculty support would have ended there — helpful feedback from a friendly professor. But at the Schulze School of Entrepreneurship, select students and recent grads with great ideas are invited to join The Lab, a kind of community with benefits where “ideas become businesses and students become entrepreneurs.”

The businesses at The Lab are as diverse as the students or grads who start them. House of Talents was established by Kate Herzog, who grew up in Ghana in West Africa. Her company sells products from developing-world artisans to consumers around the word.

One venture, Elite Medical Scribes, is a rapidly growing venture based in Minnetonka that’s been well received by hospital executives and others involved in providing health care services.

Solome Tibebu founded Cognific, an innovative software-as-a-service application that helps young adults undergoing mental health therapy with “homework” in a game format — and helps therapists with analytics. She won first place in the Undergraduate Division of the school’s Fowler Business Concept Challenge in 2011.

Originally published: 07/10/2013, Minnesota Business