Entrepreneurship, particularly the development and launch of a startup business, requires robust reserves of energy, smarts and guts. Virginia Commonwealth University students and alumni have demonstrated a willingness to test themselves and their ideas in this highly competitive and demanding realm, and interest in the startup world is growing at the university — as are the resources VCU and its entities are making available to students who have the drive to pursue their business plans.
A 2014 survey revealed that 51 percent of VCU students have a high or moderate interest in starting their own company. In that same survey, 15 percent said they had already started a company, had a business idea or were actively pursuing business formation. At VCU’s May commencement ceremony, Virginia Gov. Terry McAuliffe praised VCU as “a great training ground for the real world,” while citing the university’s high number of entrepreneurial-minded students.
Eric Edwards, M.D., Ph.D., a VCU alumnus and one of the founders of kaléo, a young pharmaceutical company, said the university is a natural incubator for the startup-inclined.
“As a diverse, urban university where opportunities for mentorship, networking, creativity and entrepreneurial education are becoming increasingly a part of VCU’s DNA, it is refreshing to see the university taking a leadership role in the development of an entrepreneurial ecosystem,” Edwards said.
Here we profile five recent VCU alumni who have embraced the wide-open possibility of startups while remaining unbowed — maybe even thrilled — by their inherent uncertainty.