Champlain College and HULA announce formal partnership to support entrepreneurship  

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Champlain College and HULA announce formal partnership to support entrepreneurship  

Tue, 11/15/2022 - 1:05pm -- tim

Vermont Business Magazine Champlain College President Alex Hernandez announced a new partnership between Champlain College and HULA at his inauguration ceremony earlier this month. The college and business incubator are committed to working together to support the growth of the entrepreneurial community and be an economic engine of opportunity for Vermont.

The partnership will begin with an “Entrepreneurship Master Class” at Hula, extending the Champlain College classroom footprint onto the Hula campus. The class will host a series of HULA members as speakers and provide opportunities to learn from a variety of entrepreneurs in the start-up community. 

Champlain will also embed an “innovation hub project manager” at HULA to facilitate opportunity matching between HULA company needs and Champlain College student talent.

“Champlain College is constantly innovating new ways to deliver a career-focused education and prepare students to be ready for work, ready for life, and ready to make a difference,” said Alex Hernandez, Champlain College President. “We believe in fostering an entrepreneurial mindset and giving students transformative hands-on experiences.”

Champlains R/evolutionary 2030 Strategic Plan boldly charts a path for expansion into new STEAM fields (Science, Technology, Engineering, Arts, and Math). Building upon its rich history of technology, design, and business, Champlain will expand its academic portfolio, including new programs in health and bio-life sciences. 

Hula, a technology-driven coworking campus, business incubator, and venture capital fund, is focused on elevating Vermont-based start-ups and entrepreneurs. The fund invests in tech sectors with a particular interest in Deeptech, Greentech, Medtech, AI/ML, Electric Propulsion, Saas, and Battery Tech. 

The partnership highlights a shared mission between Champlain and Hula to create economic and entrepreneurial opportunities in Vermont.

"Hula is thrilled to be working with Alex and the Champlain College team to help bridge the divide between the classroom and the entrepreneurial community,” said Russ Scully, Founder of HULA. “HULA was created with exactly this kind of collaboration in mind."

Both institutions are excited about future opportunities to promote deeper collaboration between Champlain’s Lakeside Campus and HULA, such as education programs and upskilling, internships, faculty collaborations, student projects, and shared collaborative space.

About Champlain College: Founded in 1878, Champlain College is a small, not-for-profit, private college in Burlington, Vermont, with additional campuses in Montreal, Canada, and Dublin, Ireland. Champlain offers a traditional undergraduate experience from its beautiful campus overlooking Lake Champlain and more than 90 residential undergraduate and online undergraduate and graduate degree programs and certificates. Champlain’s distinctive career-driven approach to higher education embodies the notion that true learning occurs when information and experience come together to create knowledge. Champlain ranks in multiple categories of U.S. News and World Report’s “Best Colleges,” including Best Value Schools, Best Colleges in the North, Best Colleges for Veterans, and Top Performers on Social Mobility. Champlain was also listed among The Princeton Review’s “The Best 388 Colleges” in 2023 and was recognized as a 2022 College of Distinction for its “Engagement, Teaching, Community, and Outcomes.” For more information, visit www.champlain.edu.

About Hula: A technology-driven coworking space, business incubator, and venture capital firm

focused on elevating Vermont-based startups and entrepreneurs. The Fund at Hula supports innovative founders and disruptive technology through mentorship, connectivity, and access to capital. The fund primarily makes seed, Series A, and early-stage venture investments in technology companies that span sectors, including green technology, medical technology, artificial intelligence, software-as-a-service, and battery technology. The Fund has supported 20+ Vermont-based companies over the past three years.

Burlington, VT (November 15, 2022) — Champlain College