IDEA Bank | Troy University

Idea Bank

IDEA Bank MISSION

The mission of the IDEA (Innovation, Design, Entrepreneurship Accelerator) Bank is to cultivate a vibrant ecosystem of innovation and entrepreneurship. We are dedicated to providing aspiring business visionaries with resources, mentorship, and collaborative opportunities to transform their ideas into successful, sustainable enterprises. By fostering creativity, knowledge exchange, and a supportive community, we create an empowering hub of entrepreneurial resources.

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Featured Program: High School Summer Camp

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Just Start! High School Entrepreneurship Summer Camp

It's official: our High School Entrepreneurship Summer Camp is back! High Schoolers in grades 9-12 from across the region and beyond have the opportunity to participate in this week-long camp, refining their business idea and growing their entrepreneurial skills.


At the end of the week, not only will students leave with a developed business plan, but they'll also have the chance to win a $2,000 scholarship to Troy University!

MORE INFO AND APPLICATION

IDEA Bank Services

 
Student entrepreneur

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. 

LAUNCH
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COMING SOON: IDEA Bank Community Membership

In addition to supporting student entrepreneurs, the IDEA Bank serves as a resource hub for its surrounding community. Become an IDEA Bank member to get exclusive access to daily co-working space, private offices, high-speed internet, printing/copying/scanning, conference rooms, computers, cameras, and so much more! The Membership Program is launching in Fall of 2024, so stay tuned for more information or click the button below to receive a notification when its launched!

NOTIFY ME
Idea Bank workshop

2024 Summer Workshop Series

The Troy University IDEA Bank is proud to partner with the City of Troy and the Pike County Chamber of Commerce to offer a 7-part workshop series designed for both aspiring and existing small business owners in the community. The series consists of a kickoff session called "Take Control of Your Business" followed by 3 unique marketing workshops and 3 unique business finance workshops. 

VIEW THE SCHEDULE

REGISTER NOW
Idea Bank Podcast studio

The Idea Vault Podcast 

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. The show features a series of interviews with existing and budding small business owners, innovators, designers, educators, and other key people in the local entrepreneurship space. Listeners can expect to hear stories of both success and failure as they gain tips for unlocking new ideas, pursuing entrepreneurship and paving their own path. Available now on Spotify, Apple Podcasts, Audible, and Podbean.

LEARN MORE & LISTEN NOW

Book the IDEA Bank

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Daniel Collaboration Room

The Daniel Collaboration Room, named for The Daniel Foundation's support of the IDEA Bank, is the open collaborative work and teaching space on the main floor of the IDEA Bank. The room is equipped with rolling chairs and desks, an 80" mobile screen with computer and touchscreen capabilities, and additional AV technology. This space is ideal for meetings, workshops/trainings, and networking events. This room remains an open collaborative workspace, but is available for private functions by request.

REQUEST THE COLLABORATION ROOM
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PowerSouth Conference Room

The PowerSouth Conference room is a private room on the main floor of the IDEA Bank that comfortably seats up to 12 people at a large conference table. The room is equipped with a full computer, mounted touchscreen, and audio/video technology.

BOOK NOW
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The Vault Podcast Studio

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, and staff interested in launching their own podcast or recording professional audio. If you are not affiliated with Troy University, but are interested in utilizing the Vault Studio, please contact us at ideabank@troy.edu or 334-808-6794.

BOOK THE VAULT STUDIO
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Private or After-Hours Events

The Troy University IDEA Bank serves as a flexible resource to our local community and we are happy to host private events (even outside of our standard hours of operation) that are in alignment with the IDEA Bank's mission and vision. Please utilize the request form to submit your event request or give us a call at 334-808-6794 to inquire about your event. See the "Space Use Agreement" linked below for additional details on our facility policies. 

Request Your Event

IDEA BANK SPACE USE AGREEMENT

WHAT'S HAPPENING AT THE IDEA BANK?

Upcoming Events

Stay in Our Circle

Join the 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.

IDEA Bank 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 encourage students to lean into their ideas and believe in themselves.

Learning

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.

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 are crucial aspects of the IDEA Bank’s operation that 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.

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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!

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