FAU Tech Runway is a formal program for mentoring entrepreneurs and their ventures based on the Massachusetts Institute of Technology’s (MIT) Venture Mentoring Service (VMS). The focus of the initiative is to combine VMS and Stanford’s Lean Launchpad curriculum with University resources and local community expertise to create an ecosystem conducive to the development of successful technology and growth industry start-ups. Tech Runway (TR) is supported by The Adams Center for Entrepreneurship, Research Park at FAU and all 10 colleges.
FAU Tech Runway is a south Florida public-private partnership forms to foster technology start-ups. Through the creation of place, entrepreneurs find the complete ecosystem to house, educate, mentor and fund their companies from inception through venturing.
FAU Tech Runway unites the complete entrepreneurial ecosystem for startup ventures. Anchored by Florida Atlantic University, FAU Tech Runway partners with the Research Park at FAU, the Institute for the Commercialization of Research, the FAU office of Undergraduate Research and Inquiry (OURI), and many more.
The cornerstone of Tech Runway is the Venture Mentoring Service modeled after the Massachusetts Institute of Technology’s (MIT) proven Venture Mentoring Service. Established in 2000, MIT VMS has assisted more than 1,450 startup ventures who have raised more than 1.4 billion in funding to date. Through team mentorship model, FAU Tech Runway aims to replicate similar success in South Florida. Tech Runway Mentors represent the best of the best in South Florida. From highly successful serial entrepreneurs, to innovative engineers, Tech Runway mentors are recruited not only for their expertise, but also their dedication to the success of the south Florida entrepreneurial ecosystem.
