ABINGTON, Pa. — The Penn State Abington LaunchBox, an early-stage business accelerator, is supporting an Abington student who owns a commercial drone business.
Sophomore Nino Efendic operates Aerial Prospex, which provides progress reports, inspections, and photogrammetry to the commercial real estate, construction, and engineering industries. He started consulting with LaunchBox and its director, Peter Hornberger, in the spring of 2019.
“LaunchBox is helping me with putting my business plan on paper and targeting the right customers through different exercises,” Efendic said. “It’s helping me figure out the right language to use and selecting the right people so I get a response.”
This semester, Efendic is collaborating with students in MGMT 425 New Venture Creation. Students enrolled in the course, which is taught by Hornberger, operate as consultants for real-life clients, including Efendic and Aerial Prospex.
“Students are providing research into industries, finance and markets so Nino can make informed decisions about his business,” Hornberger said. “They are functioning as consulting teams for real businesses instead of working on academic exercises. We work with real businesses via LaunchBox and with students to launch their businesses.”
“The stakes are higher now for the student consulting teams,” he continued. “We made it very real for the students. It’s active learning. It’s more of a lab than an academic space.”
Efendic is not the only student entrepreneur engaging with the Abington LaunchBox.
“There is a very good entrepreneurial climate at Abington," said Hornberger. "This is not a typical campus community since so many students are commuters, but we have a strong base of entrepreneurs here. We are giving these student entrepreneurs a space to interact.”