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Entrepreneurship//5 min read

Inside the Founder Lab: From Insight to First Customer

Twelve student teams spent the summer testing ideas, talking with users, and learning when to change direction.

Maya Thompson

Director, Summit Venture Studio

Student team discussing ideas around a table

Start with a problem worth solving

The Founder Lab does not begin with pitch decks. It begins with observation. Each team spends two weeks interviewing potential users and mapping the workarounds people already use.

Only then do students build a first prototype, often discovering that their original idea addressed the wrong part of the problem.

A studio, not a competition

Weekly critiques bring together designers, engineers, business students, alumni, and legal mentors. Teams share unfinished work and receive direct, practical feedback.

The program values evidence of learning over fundraising headlines. A thoughtful decision to pause can be as important as a launch.

Building responsible ventures

Teams examine accessibility, data practices, labor impacts, and environmental costs before choosing a business model.

By demo day, each founder must explain not only who will pay, but who may be affected and how the venture will remain accountable as it grows.

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