Human beings have developed a kind of knee-jerk reaction whenever they are presented with ideas that seem too good to be true. They will jump into conclusions that whatever it is, if it is masked under a slogan of helping people attain wealth or improve their general wellbeing, it is a scam or a pyramid scheme. And the assumptions have been right for a majority of times but not today, so thank God it’s Friday. Let me enlighten you about Ubrica’s program to boost university science and provide technology parks for the young tech enthusiasts with no platform in which to turn their ideas into actionable knowledge and commercial technology.
What we are used to are hubs which mostly host people working out of a computer, and so the cost of supporting these young minds is limited to internet access, space for operations, colleagues for insight. And in the fruition of your startup, you get to hand over a percentage of your startup to the so called hubs and then they call it helping the youth, except it’s more like exploiting.