Student Innovation & Entrepreneurship

Demo Day 2025 Recap Video

Programs at i3 Lab

At the i3 Lab, our programs are designed to guide students from a spark of an idea to a validated, real-world venture. Through three self-paced Canvas courses Ideation, Innovation, and Incubation, students explore entrepreneurship in a hands-on, practical way. Rather than learning only in theory, participants actively test ideas by talking to real customers, validating problems, and iterating solutions. Along the way, students gain exposure to essential entrepreneurship tools and frameworks such as the NABC Framework and the Business Model Canvas, while developing skills in customer discovery, market validation, and venture development. Whether a student is just beginning to explore an idea or working toward launching a startup, these programs provide a structured yet flexible pathway to learn, build, and grow. 

 

Ideation Stage

The Ideation Stage is where ideas are challenged, refined, and transformed into real, testable startup concepts. This self-paced program introduces students to the core foundations of entrepreneurship while emphasizing action over theory. Participants learn how to clearly define a problem, validate it with real customers, and shape a compelling solution using industry-standard frameworks. Through a combination of short lectures, guided modules, podcasts, hands-on assignments, and real-world examples, students leave this stage with a validated concept and the confidence to move forward.

Throughout the Ideation Stage, students will progress through the following key modules and activities:

  • Introduction to the Ideation Curriculum
    An overview of the i3 Lab journey, expectations, and how students will move from idea to validation.
  • Startup Scorecard (Updated Weekly)
    A structured scorecard used to track progress, accountability, and growth throughout the program.
  • Module 1: NABC Framework
    Learn how to clearly articulate your idea using the NABC Framework (Need, Approach, Benefits, Competition).
    Students develop a complete NABC framework for their startup idea as a team.
  • Module 2: Customer Discovery Basics – Part 1
    Introduction to customer discovery and how to design effective interview questions.
    Students create and refine interview questions to prepare for real customer conversations.
  • Module 3: Customer Discovery Basics – Part 2
    Focused on conducting interviews, analyzing insights, and learning how to truly listen to the market.
    Students develop a comprehensive Customer Discovery Report based on real interviews.
  • Module 4: Business Model Canvas
    Learn how to map out a startup using the Business Model Canvas, connecting problem, solution, customers, and value creation.
    Students build a complete Business Model Canvas for their idea.
  • Module 5: Pitch Preparation
    Learn how to structure and communicate a compelling startup pitch using real-world examples from leading startups.
    Students develop a polished pitch deck as a team.
  • Final Evaluation: Ready for Innovation
    A reflective checkpoint to assess readiness for the next stage, including individual assessments and course feedback.

By the end of the Ideation Stage, students don’t just “have an idea” — they have validated a real problem, engaged with real customers, built foundational startup artifacts, and prepared themselves to advance into the Innovation Stage.

Innovation Stage

The Innovation Stage is where validated ideas begin to take shape as real, impact-driven ventures. Building on the foundations established during Ideation, this stage focuses on deepening customer understanding, refining value propositions, and translating concepts into tangible solutions. Students move beyond exploration into execution, developing prototypes, strengthening business models, and learning how to communicate innovation with clarity and purpose.

Through guided modules, video lectures, hands-on assignments, and real-world tools, participants learn how to design ventures that are both scalable and meaningful. Emphasis is placed on impact, user-centered design, and iterative development, ensuring that ideas are tested, improved, and aligned with real market needs.

Throughout the Innovation Stage, students will progress through the following key modules and activities:

  • Introduction to the Innovation Curriculum
    An overview of expectations, structure, and how this stage transitions ideas from validation to development.
  • Startup Scorecard (Updated Weekly)
    A progress-tracking tool used to monitor milestones, accountability, and venture growth.
  • Module 1: Building Impact-Driven Ventures
    Explore how startups can create meaningful impact while building sustainable businesses.
    Students analyze their idea through the lens of the United Nations Sustainable Development Goals (SDGs) and develop an SDG Impact Report.
  • Module 2: Customer Discovery & Customer Personas
    Deepen customer discovery efforts and define a clear beachhead customer.
    Students refine their Customer Discovery Report and build a detailed Customer Persona using industry-standard templates.
  • Module 3: Refining Your Value Proposition & Business Model Canvas
    Focus on clarifying value, differentiating from competitors, and strengthening the business model.
    Students deliver an improved and refined Business Model Canvas aligned with real customer insights.
  • Module 4: Prototyping, Testing, and Intellectual Property Protection
    Learn how to move from concept to prototype while understanding the basics of intellectual property protection.
    Students develop an early prototype of their product or service and explore wireframing and testing methods.
  • Module 5: The Innovation Pitch
    Learn how to tell a compelling innovation story backed by traction, validation, and impact.
    Students create a polished Innovation Pitch Deck using real startup examples and best practices.
  • Final Evaluation: Ready for Incubation
    A final checkpoint to assess readiness for the Incubation Stage, including reflection and course feedback.

By the end of the Innovation Stage, students have moved beyond ideas and into action—armed with refined models, early prototypes, a strong understanding of their customers, and a compelling pitch that prepares them for incubation and launch.

Incubation Stage

The Incubation Stage is where student startups transition from validated concepts into execution-ready ventures. This stage focuses on building sustainable, scalable businesses by strengthening value creation, market execution, sales strategy, and organizational foundations. Students work through advanced, real-world startup topics while preparing their venture for launch, pilots, or investment.

Module 1: Value Proposition & Product Strategy

  • Refine and clearly articulate the startup’s core value proposition.
  • Apply customer-centered product development principles.
  • Develop and iterate on prototypes based on user feedback.
  • Create wireframes and webpages that clearly communicate product value.
  • Identify and define the startup’s unfair advantage through context and competitive analysis.

Module 2: Marketing & Go-To-Market Strategy

  • Design go-to-market strategies for launching and acquiring early customers.
  • Develop brand identity, storytelling, and positioning.
  • Build and refine startup websites aligned with brand messaging.
  • Apply the Bullseye Marketing framework to identify high-impact growth channels.

Module 3: Sales & Revenue Strategy

  • Explore revenue models and pricing strategies.
  • Develop early-stage sales strategies.
  • Analyze key financial metrics including CLV and CAC.
  • Evaluate market opportunity using TAM–SAM–SOM frameworks.

Module 4: Organizational Structure, Legal & Financial Foundations

  • Understand startup equity structures and ownership models.
  • Learn legal formation basics and governance considerations.
  • Explore intellectual property fundamentals and IP strategy.
  • Build financial forecasts, income statements, and feasibility analyses.

By the end of the Incubation Stage, teams have developed the strategic, operational, and financial foundations necessary to scale their startup and operate in real-world market conditions.

Goat Impact Summer Accelerator (GISA)

The Goat Impact Summer Accelerator (GISA) is the i3 Lab’s flagship, immersive startup experience. GISA combines Ideation, Innovation, and Incubation into an intensive 7-week, in-person accelerator, where student founders work full-time as a cohort to build real companies. Teams meet daily with professors, industry experts, mentors, and guest speakers from a wide range of fields while progressing step-by-step through the startup journey.

GISA is highly hands-on, fast-paced, and collaborative. Students spend their summer talking to customers, building and testing products, refining business models, and improving their pitch every single week. By the end of the program, teams deliver a final pitch, complete startup artifacts, and receive $5,000 in funding per team to support continued development. Each GISA cohort consists of 10 selected teams, creating a focused, high-impact environment.

Throughout GISA, teams progress through the following weekly themes:

Week 1: The Lean Startup Cycle — Build, Measure, Learn

  • Introduction to GISA, team formation, and expectations
  • Foundations of customer discovery
  • Introduction to MVP development
  • Pitch fundamentals and first pitch practice

Week 2: From Value to Market

  • NABC Framework, value proposition, and Business Model Canvas
  • Revenue models and pricing strategies
  • Go-to-market planning
  • Guest speakers and peer pitch feedback

Week 3: Customer-Centered Product Development

  • Webpage best practices and wireframing
  • Prototyping and product iteration
  • Exposure to real startup environments and events
  • Continued pitch refinement and peer review

Week 4: Protect, Analyze, Launch

  • Intellectual property and IP strategy
  • Unfair advantage and competitive context analysis
  • Legal formation and equity structure basics
  • Progress pitches and structured feedback

Week 5: Financials and Sales

  • Financial forecasting and income statements
  • Key startup metrics: CLV, CAC, TAM–SAM–SOM
  • Early-stage sales strategies
  • Weekly pitch reviews and iteration

Week 6: Make Them Care — Brand & Story

  • Brand identity and website development
  • Marketing strategy using the Bullseye framework
  • Organizational structure and team building
  • Advanced pitch storytelling and delivery

Week 7: GISA Exit Ramp — What’s Next

  • Preparing to engage investors and external partners
  • Finalizing the business model, MVP, and IP strategy
  • Final Pitch Day and next-step planning

By the end of GISA, teams leave with far more than a pitch deck. They exit the program with validated customer insights, refined products, clear go-to-market strategies, strong storytelling, real funding, and the confidence to continue building their company beyond the i3 Lab.

 


 

 

Student Startups at i3 Lab

Built by WPI students. Powered by curiosity, creativity, and impact. These startups span disciplines, industries, and ideas—each one shaped by students from across campus who saw a problem, asked better questions, and chose to build solutions. From early concepts to growing ventures, they reflect the diversity of thought, technical skill, and entrepreneurial drive that define the i3 Lab community.

 

BrailleBox logo
Personilizing Braille Education

BrailleBox

BrailleBox is a student-founded education technology company that builds tools to improve how blind and visually impaired students learn Braille. The company combines a tactile Braille learning device with supporting software for teachers, making Braille instruction more interactive, measurable, and accessible in classroom settings.

CROI Logo
College data tools and financial literacy education for high school students

CROI

Croi is revolutionizing the college process with its web-based college data platform that not only equips students with personalized college data but also teaches them financial literacy, empowering them to make informed decisions about their future.

 


 

 

Events at i3 Lab

The i3 Lab is one of the most active hubs on campus, engaging over 1,000 WPI students each year through hands-on events designed to spark curiosity, collaboration, and real-world impact. From high-energy workshops and founder panels to pitch nights and skill-building sessions, our events are built to meet students wherever they are, whether they’re exploring an idea for the first time or actively building a startup. At the center of it all is a deeply student-driven culture, powered by partnerships that turn creativity into action and ideas into momentum.

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DEMO DAY

Demo Day is WPI’s premier pitch competition, hosted by the i3 Lab, where 10 student startups pitch live for a share of a $50,000+ prize pool. With major awards like the $25,000 Aram (‘33) and Alba Kalenian Award and over 100 applications each year, Demo Day is a high-energy celebration of student innovation and entrepreneurship.
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GOAT TANK

GOAT Tank is WPI’s undergraduate pitch showdown, featuring 20+ student ventures and a competitive final round judged by industry leaders. With cash prizes, real-world solutions, and 80+ attendees, the event highlights the drive, creativity, and ambition of WPI’s rising founders.
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WIIX

WIIX (Worcester Inter-University Innovation Exchange) is a fast-paced networking and pitch event hosted by the i3 Lab, connecting students from WPI, Holy Cross, Nichols, and beyond. Through rapid-fire 1-minute pitches, WIIX sparks collaboration and cross-campus innovation, bringing diverse ideas together in a high-energy setting.
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WORKSHOPS

Workshops at the i3 Lab are designed to meet students at every stage of their entrepreneurial journey, offering hands-on learning that blends theory with real-world insight. Topics range from intellectual property and startup policy to collaborative innovation workshops with regional partners like Massachusetts Biomedical Initiatives, as well as co-hosted sessions with student organizations focused on entrepreneurship, finance, and social impact. The i3 Lab also brings in industry leaders such as Charles River, A State Street Company to lead workshops on what employers actually look for in applications, resumes, and interviews. Together, these workshops equip students with practical skills, industry awareness, and the confidence to turn ideas into action, inside and beyond the startup world.

 


 

 

Resources at i3 Lab

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Entrepreneurs in Residence

Entrepreneurs in Residence at the i3 Lab are seasoned founders and industry leaders who work closely with students through office hours, workshops, and one-on-one support. Drawing from real startup experience, they provide practical insight, strategic guidance, and candid feedback to help students turn ideas into viable ventures and navigate the realities of building a company.
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Mentorship Program

The Mentorship Program at the i3 Lab connects students with experienced founders, industry professionals, and startup leaders who are eager to give back. These mentors provide personalized guidance, honest feedback, and real-world perspective, helping students navigate challenges, refine ideas, and grow confidently along their entrepreneurial journey.
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Business Collaborative

The Business Collaborative brings together student-led organizations such as the CEO Club, Investment Association, Colibre, and other active campus groups that regularly partner with the i3 Lab on events and workshops. Through this collaborative network, students engage with entrepreneurship from multiple perspectives—business, finance, innovation, and social impact—creating a more connected and student-driven innovation community at WPI.
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OTIE

The i3 Lab works closely with WPI’s Office of Technology Innovation & Entrepreneurship (OTIE) to support students navigating innovation beyond the classroom. Through this partnership, students gain access to guidance on intellectual property, venture development, technology commercialization, and pathways to bring research and ideas into the real world.
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Makerspace

The i3 Lab works closely with WPI’s Makerspace in the Innovation Studio to help students turn ideas into tangible prototypes. Through access to tools, technical guidance, and the MakerBucks program, students can secure funding to support materials and project development—bridging the gap between concept, experimentation, and real-world creation.
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Entrepreneurial Support Orgs

Entrepreneurial Support Organizations extend the i3 Lab’s ecosystem beyond campus by connecting students with regional and national startup networks such as the Venture Forum and MassChallenge. Through these partnerships, students gain access to mentorship, accelerator programs, funding opportunities, and broader entrepreneurial communities that help scale ideas into real-world ventures.

 


 

 

Awards & Funding at i3 Lab

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Nancy & Mike Abrams Venture Starter Kit

The Nancy & Mike Abrams Venture Starter Kit provides student founders with essential tools, guidance, and resources to help turn early ideas into viable ventures. Designed to support the first steps of entrepreneurship, the kit equips students with practical frameworks and startup essentials to confidently begin building and testing their concepts.

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Kalenian Award

The Kalenian Award, established in honor of Aram Kalenian ’33 through the generosity of Alba Kalenian, provides up to $25,000 in seed funding to support innovative ideas at any stage of development. Designed to encourage invention, entrepreneurship, and commercialization, the award empowers students, faculty, and alumni to move viable ideas toward real-world impact and bring meaningful solutions to society.

 


 

 

Student Entrepreneurs at i3 Lab

man on football field

Taking the Stink Out of Athletic Gear

Calvin Lambert ’27 founded DryPro Equipment to develop drying technology. 

3 men standing in a field

Commercializing Innovative AI

Two groups of entrepreneurs are using the power of data modeling to address problems in industries not known for embracing high-tech solutions.

two men with wheelchair

Combining a Passion for Robotics with an Entrepreneurial Spirit

Antonio Marzoratti ’27 and Ivan Zou ’27 are pursuing what they consider a promising idea—an affordable adapter that will convert a manual wheelchair into one run on electricity.

Ideation. Innovation. Incubation. 

Students are at the center of WPI’s focus on innovation and entrepreneurship. Through the university’s entrepreneurship curriculum, extracurricular clubs, special events, mentors, advisors, and access to business incubation offices, students learn how to create value, innovate, and build businesses. 

Preview

DEMODay

Student entrepreneurs start their journey in The Business School, where expert faculty members are leaders in bringing together the fields of science, technology, and business. In the Innovation Studio’s Makerspace, students tinker and tap into the resources of the MakerBucks program. At the Business Development Lab, students refine their business plans and launch operations, all while WPI’s Office of Technology Innovation and Entrepreneurship provides support for intellectual property protection, marketing, and licensing. 

 

I&E and Undergraduate Education

WPI's students are immersed in coursework and project-based learning that emphasizes entrepreneurial thinking, collaboration across disciplines, and innovative uses of technology. Undergraduates who pursue a minor in entrepreneurship develop a deep understanding of innovation-focused business principles and learn how to turn ideas into viable ventures. But we also know not everyone wants to start a company, so we weave entrepreneurial mindset into our curriculum. You’ll learn why thinking like an entrepreneur will boost your career no matter what path you choose.

 


 

Transformative Research at WPI

WPI's growing research enterprise champions innovation and entrepreneurship that solves difficult global problems. Our faculty and student researchers push the boundaries to see what is possible. The results change lives.

Business Development Lab

Getting a startup from concept to commercialization requires guidance. The Business Development Lab acts as WPI's own cutting-edge incubator and integrated support system for innovators and entrepreneurs ready for the next step.

Creating Value with Work

Entrepreneurship at WPI teaches students to do work that has value to others in the world. Across campus, students use an entrepreneurial mindset to solve problems that matter to organizations and communities around the world.

Book Innovation Studio Space

The Innovation Studio now has five designated project collaboration spaces to support student projects including IQPs, MQPs, ISPs, research, or personal innovation. Use the reservation process in LibCal to reserve a space for up to two hours each day. 

Reserve your Innovation Studio space through LibCal.

Preview Students at an activities fair talking across a club’s table set up

Student Clubs and Organizations

Outside the classroom, WPI students connect through clubs and associations to innovate and build their entrepreneurial skills. 

Some examples:

 

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Startup Spaces

The WPI Campus is a hub for innovation and entrepreneurial activities. Students tinker with new ideas in the Innovation Studio's Makerspace, tapping into MakerBucks to fund supplies. Collaborations grow in the university's core research facilities, and students build startups at the Business Development Lab.

Core Research Facilities

WPI's researchers rely on hardware, software, equipment, and consulting services resources. With this kind of support, researchers find an environment where innovation thrives.

Cutting-Edge Lab Equipment

Innovation requires access to lab equipment that advances research and ideas. See the extensive and state-of-the-art lab equipment at WPI.

I&E Support for Faculty Members

From exploring an idea to looking for startup guidance, resources at WPI cover it all. Faculty members connect with the Office of Technology Innovation and Entrepreneurship (OTIE) for help with protecting and commercializing an invention or making industry connections.

Reach out to OTIE with any questions.

I&E Highlights


$71.6M

in research expenditures (FY 2024)

2x national average

number of women as co-inventors of patents granted

70+

patents issued since 2016

Winner

award for undergraduate research accomplishments

Council on Undergraduate Research (2023)