In September 2017, the Small Business Development Center transformed one of the alcoves on the third floor of the university’s main building into a “business-enhancing corner” known as the Corvinus Startup Corner on a trial basis. A year later, this meeting place for entrepreneurially minded students was rethought by a student group as part of the Design Communication Product and Business Development course. The class project was a success, and the now reborn concept was also presented to the dean of the Faculty of Economics, who provided support for the initiative.
As part of a course led by Dóra Horváth and Attila Cosovan, the student team rethought almost every element of the community space. The new name on the third floor is “Creativity. Unity. Business. for Innovators ”: CUBator. Small Business Development Center instructors believe that CUBatoris not just a physical space but also a virtual community.
The well-defined target group consists of students of Corvinus University Budapest, regardless of faculty affiliation. The look and feel of the area should appeal primarily to current undergraduates so that it can truly become a space that they use to develop their entrepreneurial ideas in a coworking space. CUBator can be used to organize meetings for students, to attend mentoring sessions or to develop knowledge in a workshop depending on timing and availability.
The concept of CUBator addresses the role of partnerships and emphasizes the importance of internal relations, which are performed primarily in co-operation with university lecturers and staff. University faculty who already teach and research various aspects of business development can play mentoring roles in the life of CUBator. Partnerships with university student organizations and colleges are also important, which is why CUBator works closely with the InCube student organization. The goal is to make CUBator a place not just to start a new generation of startups but also to help students with entrepreneurial ideas in general. One of the most important elements of a cross-faculty virtual community is that of self-development.
Outside the university, the concept provides close collaboration with existing external, and primarily university incubators such as Demola. The search for sponsors, as well as recommending sponsorship packages for Corvinus entrepreneurship students, provides orientation assistance for Corvinus students. Student ideas were widely supported by the faculty of the Faculty of Business Administration, extending beyond the framework of the design communication course. Negotiations have begun on the infrastructural development of CUBator, for which the Dean ofthe Faculty is also looking for opportunities. One student organization also showed interest in occupying the rethought entrepreneurial space in terms of content in collaboration with university faculty.
Since 2017, CUBator has organized several workshops, business-themed film screenings, and professional meetups. Development of CUBator as a physical space is also continuous. In the absence of a fixed university budget the financing of CUBatoris met from sponsorship grants.Current news and events can be found on the CUBator Facebook page