Capstone – Project Charter

Reimagining student housing with co-living

A Collaboration Between

Engagement Synopsis

WeLive. Ollie. Common. Co-living is on the rise in major cities -- and for good reason. Co-living provides an elevated community housing experience, often tied with superior amenities and facilities. Co-living is often compared to dormitory/student housing, which many first-year undergraduates experience while living on their college campuses. But what are one's options after that first year? Typically, undergrad students move off-campus to independent housing/apartments, missing out on the many benefits of dormitory/co-living. Next Gen would like to reinvent the housing experience for students, providing an elevated physical, digital, and emotional alternative that enhances the collegiate experience. Key areas/problems to consider: -What current models are working well from a brand perspective? Which from a business perspective? -What are the top aspects of current co-living opportunities? -What do students actually want from a housing facility? -What does the business model of a co-living company look like? -What do the economics behind launching a co-living facility look like? -In what cities/near what campuses would a model like this be most likely to succeed? Why?

Company Information

CompanyNext Gen
HQNew York
RevenueUnlisted
Employees5-10
StageEstablished Startup
Hiring PotentialFollow-on Projects, Formal Internship, Entry Level Full-Time, Upper Level Full-Time
Websitehttp://www.ngsummit.com

Company Overview

NextGen is the premier business hub, community, and event series empowering entrepreneurs with the resources, knowledge, and mentorship to grow their businesses. At Next Gen, we work with over 20,000 entrepreneurs and 4,000 startups — many of whom note fundraising as a primary concern. To further our value-add, we have built a robust network of venture investors, spanning hundreds of angels, VC firms, and institutions, that we leverage to engage with our members. We frequently host pitch competitions to bridge these new connections, as well. To date, outside of the formal pitch events, we have worked to connect individual companies with applicable investors on a case-by-case basis, sorting by industry, stage, and general fit. Now, we are seeking to explore a venture debt model that will enable Next Gen to support our top entrepreneurs while obtaining equity for long term gain.

Company Supervising Team

Co-founder

Dylan

[email protected]

Course Info & Engagement Details

SchoolThe International Accreditation Council for Business Education (IACBE)
Engagement FormatLive Case - Class Collaboration or Case Competition - This learning format allows educators to deliver experiential learning to students at scale. Students are often split into groups to work on a live case (or a series of cases) from a real host company that directly relates to key learning objectives.
ProgramVirtual Case Competition
CourseIACBE Fall Virtual Case Competition
LevelGraduate
Students Enrolled40 (10 schools, 7-undergrad programs, 3-grad)
Meeting Day & Timen/a
Student Time Commitment4-7 Hours Per Week
Company Time Commitment2 Hours
Duration2 weeks (11/04/2019 - 11/16/2019)
Departments InvolvedData Management
Growth Strategy
Marketing
Operations
Product Design & Development
Reporting, Financial Planning & Analysis
Research & Development
Sales & Business Development
File Attachments

School Supervisors

Instructor

Phyllis

[email protected]

Students

There are currently no students assigned.

Collaboration Timeline

  • September 19, 2019

  • October 18, 2019

    SCHOOL REGISTRATION CLOSED & PROJECT DETAILS FINALIZED

  • October 30, 2019

    STUDENTS ARE PROVIDED ACCESS TO THE OFFICIAL LIVE BUSINESS CASE. Note: Students and faculty should absolutely not reach out directly to munevo during the competition outside of the designated time for the kickoff webinar and office hours session. You’ll have time to ask questions then. In order to be most equitable, we want to provide each team with the same information and access to the company.

  • November 4, 2019

  • November 12, 2019

    STUDENTS TEAMS COMPLETE 30-MINUTE OFFICE HOUR SESSION WITH COMPANY. Schedule your 30-minutes on November 11th or 12th using the following link: www.calendly.com/claudiuleverenz

  • November 15, 2019

    FINAL DELIVERABLES UPLOADED – 10-MINUTE RECORDED PRESENTATION & 2-PAGE EXECUTIVE MEMO (+Appendix) Send final video and presentation links to [email protected] by 5:00 PM ET

  • November 26, 2019

    WINNER ANNOUNCED VIA WEBINAR @ 12:00 PM ET Please join the meeting from your computer, tablet or smartphone. https://global.gotomeeting.com/join/132628221 You can also dial in using your phone+1 (872) 240-3212 Access Code: 132-628-221

Key Milestones & Project Process