IDEA Bank | Troy University

IDEA Bank MISSION

The mission of the IDEA (Innovation, Design, Entrepreneurship Accelerator) Bank is to develop Troy University and Troy, Alabama into a regional center for economic growth by creating entrepreneurial resources and collaboration opportunities for our community of students, faculty, staff, alumni, local businesses, and leaders. The IDEA Bank aims to support student-centric entrepreneurship and new ventures in the southeast Alabama region by providing students with the knowledge, resources, and support system to launch their ideas locally

Guiding Principles

Inspiration

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 will inspire students to lean into their ideas and believe in themselves.

Learning

TROY will offer an Entrepreneurship Minor 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 will empower a curriculum that supplies students with the foundation needed to perfect their craft.

Exploration

The learning does not stop with the academic curriculum. Special workshops, niche brainstorming sessions, mentorship-matching, guest speakers, community collaboration, and real-life projects will be crucial aspects of the IDEA Bank’s operation to allow young entrepreneurs to explore the opportunities associated with their ideas.

Application

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.

Jump to Events Calendar

 

 
Card Image Alt Text 1

Student Launchpad Program

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. 

Note: Student Launchpad consulting will be unavailable Dec. 6, 2021 through Mar. 7, 2022 due to staffing vacancies. 

LAUNCH
Card Image Alt Text 2

Book the IDEA Bank

The IDEA Bank is YOUR resource for collaborative learning and creating. From classes to board meetings to entrepreneur workspaces, this downtown building is your hub for growth. Is the IDEA Bank the right place for your next class, meeting, workshop, or brainstorming session? Utilize the request form below to book your next meeting or event at the IDEA Bank. For additional information or questions, please email ideabank@troy.edu or call 334-770-2624.

REQUEST TO BOOK THE IDEA BANK
Card Image Alt Text 3

Student Entrepreneurs in Residence

Chosen during an annual pitch competition, select student entrepreneurs will have the opportunity to utilize the IDEA Bank as their semi-permanent office space. Student entrepreneurs in residence have a designated office space at the IDEA Bank and work with the IDEA Bank regularly on the development of their businesses. The next competition will take place in Spring of 2022. Check back soon for more details!

In the meantime, meet the current student-run businesses that are growing and thriving at the IDEA Bank!

MEET THE ENTREPRENEURS
Card Image Alt Text 4

Troy Bank & Trust Entrepreneurship Program

The Troy Bank & Trust Entrepreneurship Program will provide students with a collaborative, creative environment for learning. Students will learn to develop and defend their own opinions, to successfully pitch creative ideas and influence others to invest, engage and/or participate in their own ideas. This program is developed to bring together University resources to assist students with developing, creating, launching and sustaining their own businesses.

The Troy Bank & Trust Minor is available to students across all disciplines.

APPLY NOW

WHAT'S HAPPENING AT THE IDEA BANK?

Upcoming Events

Stay in our circle

Join our email list

Whether 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 below to receive email alerts about IDEA Bank activities, events and updates. 

Recent Photos

Students

Jingle Fest: Holiday Market & Student Business Showcase

To wrap up the semester and kick off the holidays, the IDEA Bank welcomed the community to a holiday-themed market featuring 14 student-owned businesses.  Students were able to sell their products and promote their businesses to IDEA Bank visitors. It was a widely successful night with over 150 visitors and 80 purchases!

VIEW GALLERY
Crowd outside IDEA Bank

Placemaking Workshop

The IDEA Bank partnered with Auburn University's Government and Economic Development Institute to offer Placemaking as an Economic Development Tool,  which was an interactive workshop focused on making the best use of a city's public spaces to capitalize on a local community's assets, inspiration and potential.  Facilitated by Nathan Norris, Founding Princpal of CityBuilding Partnership LLC, the event drew more than 75 local leaders including Troy Mayor Jason Reeves and University Chancellor Jack Hawkins.

 

VIEW GALLERY
Ty Rickard Presentation

Entrepreneurship Week at the IDEA Bank

The IDEA Bank hosted its first annual Entrepreneurship Week in late September of 2021. Entrepreneurship Week featured ten programs in five days, including educational workshops and networking opportunities. View photos from a few of the top programs.

VIEW GALLERY
Students at Workshop

Entrepreneurship Workshop

In August of 2021, the IDEA Bank partnered with Auburn's Government and Economic Development Institute to offer an Entrepreneurship Workshop, open to both students and members of the community.

VIEW GALLERY
Young Professionals

"Business After Hours" Networking 

In July of 2021, the Pike County Chamber of Commerce and its Young Professionals group gathered at the IDEA Bank for an evening of food, music, and networking.

VIEW GALLERY
Students Doing Yoga

"MINDing Your Business" Yoga

In August of 2021, "yogipreneur" Jessica Phillips led students in a yoga and reflection that served as a reminder to student entrepreneurs that taking care of our mind is important to taking care of our businesses.

VIEW GALLERY
SHORT the squirrel

Troy Football Players Volunteer with SHORT the Squirrel

Members of the Troy Football team assisted student entrepreneur Sierra Champion with prepping materials for an upcoming SHORT the Squirrel event. 

VIEW THE GALLERY
Ribbon cutting

IDEA Bank Ribbon Cutting & Open House

The IDEA Bank officially opened its door for full-time business in April of 2021. To kick off its inaugural year, University leaders, student entrepreneurs, and members of the community gathered to cut the ceremonial ribbon in front of the studetn entrepreneurs' office spaces and showcase the space.

VIEW GALLERY

In the News

 

Student-created businesses are thriving at the IDEA Bank!

As winners of the 2020 Sorrell College of Business Entrepreneurship competition, the following entrepreneurs are now operating and growing their businesses from the IDEA Bank.

Sierra Champion

SHORT the Squirrel, Sierra Champion

SHORT the Squirrel's mission is to spread literacy-rich, community-oriented, enjoyable content to our youngest citizens. Follow @shortthesquirrel on Instagram,  check out our Facebook page, or click below to view our website. Sierra is currently a TROY student expected to graduate in 2021.

LEARN MORE
Hannah Dinkel

Hannah Katherine Boutique, Hannah Dinkel

Hannah Katherine Boutique is a clothing boutique. Follow Hannah on Instagram @HannahKatherineBoutique to find the latest trends or click below to shop online. Hannah is currently a TROY student expected to graduate in 2023.

LEARN MORE
Mark A. Grant

Krysala Gaming, Mark A. Grant

Krysala Gaming is a tabletop game developer bringing gaming to more affordable environments by reducing the "pay-to-win" aspects of competitive tabletop gaming as much as possible. Mark is a current TROY student expected to graduate in 2021. Click below to follow Krysala on Facebook and stay tuned for updates on their first game soon!

LEARN MORE
Dawson Hicks

IDEA Bank Live, Dawson Hicks

IDEA Bank Live is a YouTube Channel featuring original performances from local musicians, recorded live from the IDEA Bank. Dawson is a current TROY student expected to graduate in 2022. Check out the channel and email ideabanklive@gmail.com to get involved! 

LEARN MORE

 

 

History

The State Normal School at TROY was established in 1887 under the leadership of school president, Joseph M. Dill. The institution was founded in downtown Troy, Alabama, where it was located for 42 years until the college moved to its present-day site. We see the opportunity to be back downtown as a sign of coming home for Troy University. This is where it all began over 130 years ago!