From Dream to Reality with DreamIt Ventures

Posted by Roman on January 27th, 2009 | Filed under Entrepreneurship

Last weekend I applied for an innovative incubation program called DreamIt Ventures. Think of it as a unique spin on a startup support system, built by the incredible entrepreneurship community here in Philadelphia. DreamIt stands out when compared with other incubators because they place a strong focus on team building. Whereas most incubators invite you to apply as a team armed with an idea, DreamIt also accepts individuals.

There are 3 types of people which DreamIt works with to build winning startup teams; Innovators, Strategists and Hackers. Innovators are idea people, always thinking up the next big thing and Strategists are classified as anyone with business talent. Because most applicants have web based ideas, Hackers, in other words, great programmers are also vital. With their powers combined, these teams immerse themselves in an educational, super valuable 3 month experience. During this span of time, through hard work and mentorship they are able to take their business idea from dream to reality.

I applied as a Strategist with the hopes that someone with better ideas than mine will need some marketing or business strategy consultation. Besides, before I run with my own project I want to make sure I can support someone with thiers. Don’t get me wrong though, I’ve got a few tricks up my sleeve that I’ll share here in the near future. For now, I’ll hang out, wait for a reply from DreamIt and endure the nagging phone calls from my mother – “have you found a real job yet?” “No mom, I’m going to stick with what I’m passionate about.” That said, here’s to dreams, value and a healthy dose of danger.

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Read more | Comments (0) | January 27, 2009