--- In [email protected], "sparaig" <[EMAIL PROTECTED]> wrote:
> --- In [email protected], Rick Archer <[EMAIL PROTECTED]> 
wrote:
> > on 8/15/05 5:01 PM, bbrigante at [EMAIL PROTECTED] wrote:
> > 
> > > http://tinyurl.com/933jg
> > > 
> > > 'Our [incubator] at M.U.M. is for ''idea stage'' 
entrepreneurs,' 
> which
> > > means that a participant doesn't have to have a business yet—
just an
> > > idea for one. That person then is given an office with 
highspeed
> > > internet connection, the rent for which is deferred for six 
months, 
> at
> > > the university's risk. If the entrepreneur creates a successful
> > > business, the rent is paid back over time. If the business 
flops, 
> the
> > > entrepreneur owes nothing and can walk away without paying a 
cent.'
> > 
> > Interesting idea. There are tons of rooms sitting empty around 
campus,
> > especially in the library basement and places like that, so what 
have 
> they
> > got to lose?
> 
> And everything to gain. Win-win all around if someone DOES have a 
good 
> idea. I hope their legal dept creates a good "we aren't 
responsible for 
> people's ideas and actions" contract that everyone has to sign.


But they WOULD want a "sharing of the profit" agreement as well.  
That's what alot of universities do with work that is done under 
their auspices.  And those profits go towards funding the university.




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