Entrepreneurship Development Program
Dates: Jan 25-30, 2015
Certificate Track: Management and Leadership
Location: Cambridge, Massachusetts
Tuition: $9,900, if paid by June 30, 2014 (excluding accommodations)
Program Days (for certificate credit): 5
This program leverages MIT's culture of high-tech entrepreneurship to help entrepreneurs, corporate venturing executives, and others involved in entrepreneurial environments learn what they need to develop ideas into successful businesses, and how to increase entrepreneurial opportunities in their corporations, institutions, and regions. The material will introduce participants to MIT's technology transfer system, entrepreneurial educational programs, and entrepreneurial network.
Through lectures by senior MIT faculty, visits to high-tech startups, and live case studies with successful entrepreneurs, participants will be exposed to the content, context, and contacts that enable entrepreneurs to design and launch successful new ventures based on innovative technologies. Specially designed team projects give participants hands-on, practical experience developing a business plan, while networking events bring participants together with members of MIT’s entrepreneurial community.
When thinking about entrepreneurship at MIT, we think this recent article, "How MIT Became the Most Important University in the World," says it all: "In many ways, the I-Lab (at Harvard) is actually a derivative enterprise, clearly based on the Martin Trust Center for MIT Entrepreneurship, which since 1990 has been nurturing tech entrepreneurs and churning out an astonishing number of startups. Bill Aulet, the managing director of the Trust Center, and himself a Harvard alum, told me recently, 'We’ve been doing entrepreneurship for a long time, and now Harvard is finally coming over to our way. But MIT has never been better. This is our time.'" Read the full article.
The concepts, tools, and frameworks covered in the program will enable participants to:
- Create, identify, and evaluate new venture opportunities
- Interpret customer needs and quantify the value proposition
- Start and build a successful technology-based company
- Understand how the process of starting new ventures may vary geographically and culturally
- Leverage new science and technologies from corporate or university laboratories
- Develop winning business plans
- Scale companies to be globally successful
- Navigate the venture capital investment process
- Obtain feedback on personal entrepreneurship skills
- Enhance and expand their networks
Past program participant, Joe Tree shares the top five things he learned about business at EDP in his blog. "It's not often your outlook on life changes perceptibly in five short days, but if you ever find yourself enrolled in MIT's Entrepreneurship Development Program, that's exactly what you should expect."
This program is designed for aspiring entrepreneurs, corporate venture officers, and those who would like to develop or strengthen a climate of entrepreneurship in their corporations, universities, and regions. Teams of entrepreneurs or intrapreneurs are encouraged to attend the program together with university staff and/or development professionals from their region.
Titles of past participants have included:
-Chief Technology Officer
-Director of Knowledge and Technology
-Business Development Manager
-Head of Innovations and Enterprise