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Provides an in-depth exploration and application of the new venture creation process. Students will participate in the preliminary round of the UIUC/UC College New Venture Challenge and develop their own original business ideas. Student teams will present to a council of outside investors and entrepreneurs, obtain feedback on the viability of their venture ideas, and investigate the process of fundraising from both traditional and non-traditional sources of capital. Course Information: 2 undergraduate hours. No graduate credit. May be repeated in separate terms to a maximum of 4 undergraduate hours. TE 441 begins earlier than the typical spring semester and lasts for 11 weeks. Refunds and deadlines may not follow the typical spring term dates. Please refer to the refund schedule for nonstandard courses on the Office of the Registrar's website. Class meets face-to-face at the Polsky Exchange North at 1452 E 53rd St. in Chicago, Illinois. Prerequisite: Restricted to Startup City Scholars