The E(I) Lab is a six-month experiential program designed to introduce graduate students, professional students and postdocs across UNC to the entire lifecycle of innovating a product with the proper product-market fit. Members of each cohort participate in a ‘hackathon’ style weekend where they will form small teams of 3-5 members to develop innovative solutions to pre-identified unmet challenges in the healthcare space.
Over the subsequent six months, the team will work together with faculty mentors, business advisors, and guest speakers to build prototypes to their solutions. By working through I-Corps curriculum, which includes the business model canvas and the customer discovery process of getting out of the building to talk to people, our students are able to identify suitable product-market fits.
From this iterative process of vetting innovative ideas and redesigning and executing on prototypes, the students will gain hands-on experience with developing a viable commercial product as well as the process of learning to hone their entrepreneurial mindset. At the conclusion of the program, teams will present their progress to a panel of judges. You’re not pitching a product here, but your process.