The eight weeks spent as an intern at the Indiana University, and Research and Technology Corporation has been essential to my education as a student and my general knowledge of business development. Over the course of the internship, I was able to work as a part of the team that makes up a section of the IURTC known as Spin Up. Working directly with the head of Spin Up, Joe Trebly, we worked to build startup companies around inventions developed at Indiana University. Over the course of the experience, I learned about the commercialization process, venture capital, marketing, and intellectual property.
My primary project was to write a business plan for Grace Corporation, one of Spin Up’s startup companies. Grace Co. is a geriatric health care provider that aims to reduce hospital readmissions through their Grace Co. team model. Since their conception, Grace Co. has enjoyed great success and is being to be implement not only at IU Health but multiple hospitals in both Indiana and nationwide. One of the barriers that I had to overcome while writing the business plan for Grace, and in general the entire summer, was adapting to the different industries that Spin Up works with and being comfortable not having a significant background in that field. It was in this barrier when I began to appreciate truly my Liberal Arts education at Wabash.
Another project that I worked on was getting everything for the Innovation Showcase. A showcase is an entrepreneurial event in Indianapolis where roughly 75 companies pitch to prospective investors. Spin Up sent five companies to the event. One of which, Anagin, a company that is working towards growing inner ear cells placed in the top 5 companies. My job was to update all of their propaganda, specifically their executive summaries. The project gave some experience in both marketing and project management.
Aside from the two project I spent a great deal of time meeting with venture capital groups and CEOs of Spin Up companies. Watching Joe and the founders of the companies working with big VCs like SV Life Sciences provided me with hands-on experience that I would not have gained in the classroom. We are truly fortunate for the opportunities that both Wabash and the Lilly Endowment provide to Indiana.