The IDEA Bank offers a wide range of services and programs designed to support and empower entrepreneurs. Whether you're a student, faculty member, or local entrepreneur, the IDEA Bank is here to help you succeed.
Ideal for rising entrepreneurs, students, remote workers, businesses with an expanding team, and businesses with limited resources. Members gain access to:
Workspace, Technology, and High-Speed Internet
Printing, Copying, and Media Equipment
Private Conference Space and Business Mailing Address
Networking, Education, and Support
& MORE!
Elevate your business with a private, lockable, furnished office, 24/7 access, and your logo displayed on the door. As a tenant, gain perks to all IDEA Bank Membership benefits, from coworking spaces to a dynamic entrepreneurial community. While our Incubator Office Spaces are currently at full capacity, we invite you to join the waitlist to receive priority notification when space becomes available.
JOIN THE WAITLIST
The Idea Vault Podcast explores paths to unlocking your ideas and helping you reach your full potential— all from the inside of an iconic bank vault in Downtown Troy, Alabama. Hear inspiring interviews with existing and budding small business owners, innovators, designers, educators, and other key people in the local entrepreneurship space as they share their journeys of success and failure. Get practical tips for starting your own venture and exploring new ideas. Listen now on Spotify, Apple Podcasts, Audible, and Podbean.
LEARN MORE & LISTEN NOW
Troy's first-ever Student-Made Store is now open at the IDEA Bank and online, showcasing products from TROY student entrepreneurs. This student-run store is the first of its kind nationally, offering a unique platform for students to sell their products locally and digitally. As a partnership between the IDEA Bank and Student-Made Store, it supports hands-on learning and student entrepreneurship. Looking to shop or maybe you're interested in joining as a creator or manager? Click below to learn more!
SHOP STUDENT-MADELooking for a place to start? The IDEA Bank is here to empower your ideas, providing you with the tools, programs, and support to help you take that first step.
Are you a TROY student with a great idea, but not sure where to start? We are here to help! Click the LAUNCH button below to schedule your introductory meeting with the director of the IDEA Bank and start making your ideas come to life.
LAUNCH
Discover how the Troy University IDEA Bank is fostering innovation, entrepreneurship, and community impact. Located in Downtown Troy, a tour of the IDEA Bank showcases our collaborative spaces, while giving you insight into our entrepreneurial programs and offering a chance to connect with staff and see ongoing projects in action. Book your tour and visit us soon!
INSTANTLY BOOK YOUR TOURWhether you are a current TROY student, alumni, business leader or member of the community who is simply curious to learn more, we have a place for you at the IDEA Bank. Enter your email to receive email alerts about IDEA Bank activities, events and updates.
SUBSCRIBE
Want to discover upcoming events and opportunities to connect with our dynamic community? Explore our events calendar to stay in the loop on workshops, networking sessions, competitions, and more — all designed to help you grow, connect, and thrive.
CHECK OUT UPCOMING EVENTSBookings are available at no charge to IDEA Bank members and Troy University students, faculty, and staff. Non-members can contact the IDEA Bank directly for information about space bookings or membership options.
The Daniel Collaboration Room, named in recognition of The Daniel Foundation's support of the IDEA Bank, is an open collaborative work and teaching space located on the main floor of the IDEA Bank. While the room serves as an open coworking space for students, faculty, staff, and members, it is also available for private functions upon request.
REQUEST THE COLLABORATION ROOM
The PowerSouth Conference Room, located on the main floor of the IDEA Bank, is a private space that comfortably seats up to 12 people around a large conference table. The room features a full computer, mounted touchscreen, and advanced audio/video technology. *Available for instant booking by students, faculty, staff, and members using a TROY email or member ID.
BOOK NOW
We transformed the iconic bank vault into a modern podcast studio with state-of-the-art equipment. The new Vault Podcast Studio serves as an exclusive resource for TROY students, faculty, staff, and members interested in launching their own podcast or recording professional audio. *Available for instant booking by students, faculty, staff, and members using a TROY email or member ID.
BOOK THE VAULT STUDIO
The Troy University IDEA Bank welcomes private events that align with our mission—even outside regular hours. Submit a request using our form or call 334-808-6777. See our "Space Use Agreement" for policies. Events are free for students, faculty, staff, and members; non-members can contact us for booking options.
IDEA BANK SPACE USE AGREEMENTThrough various programs and avenues of support, the IDEA Bank features student stories that highlight the entrepreneurial journeys and innovative projects of young, student entrepreneurs.
Troy University students recently competed in the Regions Foundation Business Idea Competition, hosted by the IDEA Bank and Sorrell 360 Center. Vamsi Jupudi, a computer science major, won first place and $2,000 for BrightLyf, an AI-powered mental health platform for college students. Kameryn Mitchell, TROY student and owner of Details for Dayz, won second place and $1,500 to grow and expand his power washing business. Jamarion Willie-Hughes secured third place and $1,000 for his business, A Baller From the Ville, a clothing and apparel brand-turned movement.
As part of the TROY Starters Idea Accelerator programs powered by Regions Foundation, the competition aims to equip students with tools to refine business plans and pitches, encouraging innovative solutions and community impact.
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Four Troy University Students and Graphic Design majors—Nathan Hobbs, Reanna Thompson, Jared Hester, and Howard Purvee—have launched Studio 207, a multimedia design company based in Troy, applying their classroom knowledge to real-world use. Their company has quickly achieved success, winning the IDEA Bank's Marketing Competition and receiving a $2,000 advertising bundle, while also securing a major contract with Troy Regional Medical Center. They continue to benefit from IDEA Bank support as they manage their business operations and focus on their creative work.
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Diarra King, a standout Russell County High School student, won a $2,000 Troy University scholarship during the IDEA Bank's JUST START High School Entrepreneurship Summer Camp for her innovative idea, Phazers Shoe Company. King, a two-time participant of the camp, returned to refine her concept, impressed judges with her pitch for a shoe brand featuring interchangeable patches for different phases of life. The camp, sponsored by the Wiregrass RC&D Council and the Regions Foundation, provided high school students with entrepreneurial training, mentorship, and hands-on workshops. King now has a prototype, business plan, and a pitch, marking a significant step toward making Phazers a reality.
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Troy University's IDEA Bank and the Sorrell 360 Center held the 2023 Business Pitch Competition, where four Sorrell College of Business students competed for a $1,000 prize. The students underwent an eight-week training program focused on digital tools, opportunity capitalization, and pitching skills. After eight weeks of training, the program culminated in a pitch competition. Alden Barentine, a junior accounting major, won with his pitch for 12:5 Coffee, a mobile coffee business. Barentine recently reported that he was able to use his earnings to purchase a home coffee roaster to "learn the ins and outs of roasting, and gain some valuable experience before going commercial."
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Entrepreneurs must possess unique willpower and a can-do attitude to succeed. Entrepreneurial ventures are risky and there is no one-size-fits-all approach, but an idea will remain an idea if the person behind it does not have the confidence and willingness to jump right in. At the IDEA Bank, we will instill pride in being different, cultivate a spirit of risk-taking, and encourage disruption. We encourage students to lean into their ideas and believe in themselves.
Sorrell College offers both an Entrepreneurship Minor and Major concentration with the frameworks, courses, and theories to ensure students are grounded in both fundamental and innovative principles needed to move forward. While there is no “one-size-fits-all” approach, the IDEA Bank empowers a curriculum that supplies students with the foundation needed to perfect their craft.
The learning does not stop with the academic curriculum. Special workshops, niche brainstorming sessions, mentorship-matching, guest speakers, community collaboration, and real-life projects are crucial aspects of the IDEA Bank's operation that allow young entrepreneurs to explore the opportunities associated with their ideas.
The goal for all student entrepreneurs is to launch their ideas. The IDEA Bank prioritizes hands-on collaboration with faculty, staff, community members, alumni, and more, to provide the support system that students need to apply their inspiration, learning, and exploration to the full development and application of their ideas.