Nikhil G. Abraham, a graduate student at the University of Chicago, was standing in line at the campus bookstore last fall when he realized he was about to pay for something he’d already bought: the readings in his course pack.
Most of the articles in the photocopied collection of readings were available through a database of journals the university’s library already subscribed to, or could be found on a free public Web site.
Mr. Abraham shared the insight with a fellow graduate student, Matthew E. Kopko, and a business idea was born: Sibylus, a cheaper, online alternative to printed course packs.
Their plan got a recent stamp of approval from the university’s New Venture Challenge, a business-plan competition, when they won second place last week, and with it an $18,000 prize.
Read more at The Chronicle of Higher Education