Working Millennials Putting Their Money Where Their Mouths Are

Photo Credit: https://speedpropertybuyers.co.uk/

It is not surprising that many college-aged students, particularly at Penn, care about social impact – the act of creating positive change for people who face social challenges. IMPACT Magazine is just one example of a student group that seeks to inspire other students to make a difference in society. And yet in recent years, this mindset has not been unique to college students alone. Analysis of the Millennial generation (people born between the early 1980s and the early 2000s) has shown that their actions, guided by their focus on social impact, have drastically changed the scope of investment, advertising and manufacturing in companies across the globe.

Read More...

Student StartUp Dreams Come True at Weiss Labs

When I visited the Weiss Tech House, one of the first things I noticed was a note scribbled on the white board: “Take a chance on the us. We are the 3%. 97% of startups fail.”

Indeed, Weiss- Labs is an incubator for entrepreneurship and innovation at Penn that is incredibly successful. Started this semester by co-founders, Guthrie Gintzler and Ernest Tavares, Weiss Labs has created a community of support and guidance for budding entrepreneurs at Penn. The first cohort of 7 teams, selected out of 70 applicants, meets for weekly meetings to give each other updates, and feedback and learn about different aspects of entrepreneurship from speakers who are leaders in their fields– anyone from lawyers to venture capitalists.

Guthrie and Ernest in part created the incubator to battle the risk-averse and pre-professional Penn culture, which sometimes prevents students from pursuing their entrepreneurial aspirations. “A lot of people who have good ideas are too afraid to take a break off from their internships and work on their good ideas because it breaks some sort of social code […] It’s oftentimes better to work on your idea and follow your passion even if you’re taking a year off. And companies at the end of the day respect that a lot more than people think”

When Guthrie and Ernest were trying to probe what makes an incubator really successful, they heard that the main thing is creating a tight community. But it’s more than just a community for entrepreneurs; it’s also a family. Guthrie joked, “Pledge Weiss-Labs.”

Read More...

Jubilee Project: Inspiring the world one video at a time

From the IMPACT Archives October 2014
By David Ongchoco

On October 23, 2014, Penn alumni and Jubilee Project Co-founder Jason Y. Lee returned to Penn to talk about the Jubilee Project and for an exclusive pre-screening of Jubilee Project’s latest documentary, “Save My Seoul,” which hopes to inform people about the sex-trafficking situation in Korea. This documentary is only one of multiple Jubilee Project videos that have aimed to not only inform but to also inspire people to take action.

Read More...