STRT ON CAMPUS BY AMERICAN CAMPUS COMMUNITIES DELIVERS WORLD-CLASS ENTREPRENEURIAL LIVING LEARNING COMMUNITIES TAILORED FOR YOUR INSTITUTION & STUDENTS
STUDENT HOUSING FOR CREATORS
A home for student creators, innovators, and entreprenuers. A building and creatively dense ecosystem where every detail of the housing, programming, and amenities are intentionally selected to focus on the student creator.
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STRT ON CAMPUS BY ACC
Frequently asked questions
STRT On Campus by ACC is a customized entrepreneurial program housed within a STRT entreprenuerial living-learning community (ELLC) that is focused on creating a multi-disciplinary experiential learning environment which serves as a catalyst for inspiration, engagement and investment. In a manner that builds upon the unique assets of your campus, STRT enhances current entrepreneurship offerings and improves outcomes for the university and its students
The strategic relationship is born from being “best in class” and from creating a “whole” that is greater than “the sum of its parts” – ACC as the best-in-class housing developer and operator and STRT as one of very few experts in programming, marketing and operating an on-campus entrepreneurial program . Our goal is to create a high quality, multi-dimensional student experience on your campus in the rapidly growing area of entrepreneurship education.
The first step is the easiest and comes with no obligation other than to meet with the STRT On Campus Team. Please contact us at info@strt.com or go to the information page and select contact us and we will arrange a time to meet with you to provide more information about STRT On Campus and to answer your questions about what we offer.
STRT was founded by the Executive Director of Lassonde Entrepreneurial Institute at the University of Utah, which has been widely recognized for innovating how entrepreneurship education is programmed and delivered. While STRT did not develop and does not operate Lassonde, STRT’s program and design is based upon and inspired by Lassonde.
One metric to measure success resulting from bringing a fully integrated entrepreneurship living-learning community, like STRT, to a campus is the increase in start-up activity. The following graph illustrates the increase in start-up businesses at the University of Utah from 2002 to 2021 with the key takeaway being the dramatic increase in start-ups resulting from the opening of Lassonde Studios in 2016.
STRT’s role is to facilitate the connection of entrepreneurs to any resources necessary to bring their idea to fruition and, to that end , STRT provides abundant programmatic and advisory resources and services to all STRT residents regardless of the financial feasibility or quality of their business ideas. Funding resources offered as part of STRT’s business model are competition based and come from a venture fund that is set aside in the annual operating budget to invest in promising start-ups. Based on the University’s goals and risk tolerances, STRT On Campus by ACC will work with the University to create a structure that allows the University to participate in the outcomes of the investment fund.
Absolutely not! The common area amenities of a STRT On Campus community are not limited to just the residents who live in the building. STRT offers an environment which fosters interaction and creates meaningful opportunities for entrepreneurship to flourish and to be on display for all to see.
The full benefits of the STRT program is sustained by having an open, engaging environment where collaboration and commerce can freely take place. The community’s vibrant spaces will become a popular gathering spot and an asset for your entire campus.
Depending on the University’s goals and the scope of the customized relationship between University and STRT On Campus, we can provide a full array of expertise to your campus including the design, development, construction, financing and operating expertise of ACC and the entrepreneurship design and programming expertise of STRT. If desired by our university partner, STRT On Campus will work in tandem with the University to develop a customized shared responsibility matrix which allows the University to provide certain services to the overall project.
In collaboration with the University and ACC, STRT primarily designs and operates the programmatic components of the entrepreneurship living-learning community , including the strategic recruitment and selection of diverse students from interdisciplinary backgrounds from around the campus. STRT will customize the program around what currently exists on campus and enhance the student experience.
Universities have every ability to create an entreprenueral living learning community. However, like most P3’s, STRT On Campus offers a university certain risk mitigation and speed-to-market advantages that are worth considering and that can prove advantageous to a university. In this case however, beyond those traditional P3 housing considerations, STRT On Campus offers expertise in a new and emerging discipline and some universities will do a better job than others in implementing and executing their entrepreneurship living learning communities. STRT On Campus brings knowledge and experience in this highly specialized area and will work with its university partners to increase the likelihood of project and program success.