The Mission

The Foundry was created to promote the entrepreneurial spirit at Franklin W. Olin College of Engineering. The group provides seed funding and basic business services (including office space and internet access) to student-run startups.

The Foundry aims to:

Provide real world entrepreneurial experience
Connect undergrads with a network of entrepreneurs
Create synergy between Olin and Babson College
Facilitate technology transfer into the marketplace

Specifically, the Foundry provides:

Office space
An Idea room conducive to brainstorming
Access to a conference room

Resources

Looking for someone to join your project? Post on the Foundry Job Board wiki.

As part of this educational mission, Olin College is committed to innovation and continual improvement. The Office of Innovation and Research (OIR) facilitates, stimulates and coordinates these efforts.

BEE is an undergraduate student organization dedicated to facilitating the exchange of ideas and opportunities between students and alumni of Babson College. Since 1984, BEE has hosted a variety of focused events to encourage its members to explore and determine their paths as entrepreneurs.

Startup Spotlight

Seahorse Power Company

The mission of Seahorse Power is to develop, manufacture and sell innovative, energy-efficient products. Its first product, the BigBelly, is a solar powered trash compactor and can be found on city streets around the globe with the most notable installations in Boston and New York City.

Seahorse Power Company was one of the first businesses started in the Foundry, started by a team of Olin and Babson students 3 1/2 years ago and occupying space at the Foundry until this past summer.

Application Process

Draft Preliminary Business Plan

The plan should explain and sell your concept, and provide an overview of your market.

Complete Application

Download the application packet available here.

Respond to Feedback

The admissions comitee may accept you, contigent on modifications to your application.