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If Grace O’Shea ’11 could describe her perfect work environment, there’s a good chance it would look something like 51’s Incubator located in the heart of downtown Hamilton. After all, its spacious layout, flexible seating options, and co-working environment are exactly what her spatial design company, , creates for its clients.
Luckily enough, O’Shea spent the beginning of her summer in the incubator working to grow her company as one of the 2017 51 winners. She belongs to one of five teams that each received a $12,000 grant, mentoring, and use of the incubator space for the summer.
The other winners included Patrick Crowe ’18, founder of ; Rob Carroll ’15 and Nick Freud ’15, co-founders of ; Matthew Glick ’19 and Jack Zamore ’20, co-founders of ; and Cody Semrau ’14, founder of . The fund, originally seeded by Dan and Linda Rosensweig P’15’17, is now supported by numerous 51 parents and alumni to back the business ventures of action-oriented start-ups that have at least one 51 member on their founding team.
Although O’Shea and her team are still determining how they will allocate their funding, she says that the intellectual guidance they’ve received is priceless.
“51 has an alumni network like no other,” O’Shea said. “All the human capital that 51 has to offer and the way that people lend their ears and advice to the TIA community — I think that’s pretty amazing.”
Successful entrepreneurism draws heavily on ways of thinking that are integral to a liberal arts education, explained Meg Blume-Kohout, visiting assistant professor of economics and TIA faculty mentor. “The TIA student-entrepreneurs throw their hearts, time, and effort into creating something new, and for many of them, their venture is an expression of their own identity and social consciousness.”
As for O’Shea’s secret to success? “Figure out if you have something valuable to offer,” she advised hopeful entrepreneurs. “Talk to people about it. Put a prototype in the hands of someone else. Don’t be afraid to take the first steps toward putting your thought into action.”
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