Management and Leadership

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; $10,100, if paid after June 30, 2014 (excluding accommodations)

Program Days (for certificate credit): 5

Participant Ratings

Based on 37 reviews

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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.

Check out this great short video created by 2013 EDP participants to capture their experience at the program!

Join the MySloanExecEd Community Group for this program to network with past, present, and future participants.

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:

  • CEO
  • Managing Director
  • Vice President
  • Chief Technology Officer
  • Director of Knowledge and Technology
  • R&D Manager
  • Business Development Manager
  • Investment Manager
  • Venture Manager
  • Development Officer
  • Head of Innovations and Enterprise
  • Professor

region

industry

Please note that faculty are subject to change and not all faculty teach in each session of the program.

  • William Aulet

    Senior Lecturer
    Managing Director, The Martin (1958) Trust Center for MIT Entrepreneurship

    Bill Aulet is a Senior Lecturer and Managing Director in the Martin Trust Center for MIT Entrepreneurship at the MIT Sloan School of Management.

    He conceived, developed, and teaches an MIT graduate-level class called “Energy Ventures,” which explores the new brand of entrepreneurship and innovation required to meet the energy challenge...

    ... (more)
  • Matt Marx

    Mitsui Career Development Professor, Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management

    Matthew Marx is the Mitsui Career Development Professor and an Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management at the MIT Sloan School of Management.

    Drawing on his experience working in both Silicon Valley and Boston startups, Marx studies the systematic and institutional barriers to the growth of new ventures...

    ... (more)
  • Fiona Murray

    Associate Dean for Innovation;
    Alvin J. Siteman (1948) Professor of Entrepreneurship;
    Associate Professor of Technological Innovation, Entrepreneurship, and Strategic Management;
    Faculty Director, Martin Trust Center for MIT Entrepreneurship

    Professor Fiona Murray is the Associate Dean of Innovation at the MIT Sloan School of Management, Alvin J. Siteman (1948) Professor of Entrepreneurship and the Faculty Director of the Martin Trust Center for MIT Entrepreneurship. She is the Co-Director of MIT’s Initiative for Innovation. She is also an associate of the National Bureau of Economic Research... ... (more)
  • Antoinette Schoar

    Michael M. Koerner (1949) Professor of Entrepreneurship
    Professor of Finance

    Antoinette Schoar teaches in the areas of corporate finance and entrepreneurship. While at the MIT Sloan School of Management, she developed a new second-year elective course on entrepreneurial finance.

    Her current research examines returns and capital flows in the venture capital industry, the effect of managerial styles on corporate policies, and the impact of corporate governance changes on a firm’s performance...

    ... (more)
  • Scott Stern

    School of Management Distinguished Professor of Technological Innovation, Entrepreneurship and Strategic Management
    Professor of Technological Innovation, Entrepreneurship, and Strategic Management

    Scott Stern is the School of Management Distinguished Professor and Chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at the MIT Sloan School of Management.

    Stern explores how innovation—the production and distribution of “ideas”—differs from more traditional economic goods, and the implications of these differences for entrepreneurship, business strategy, and public policy...

    ... (more)
DAY One SAMPLE
03:30 PM - 04:45 PMRegistration
04:45 PM - 05:00 PMWelcome Talk, Outline for the Week, What to Expect
05:00 PM - 07:00 PMTeam Formation
07:00 PM - 07:30 PMWrap Up
DAY Two SAMPLE
09:00 AM - 09:30 AMThe Spirit of Entrepreneurship at MIT
09:30 AM - 11:00 AMEntrepreneurial Strategy
11:15 AM - 12:45 PMCreating Value
12:45 PM - 02:00 PMLunch, Description of Final Delivery
02:00 PM - 03:30 PMCustomer Product Mapping
03:45 PM - 04:00 PMWhat Did We Learn Today?
04:00 PM - 05:00 PMTeam Working Sessions
05:00 PM - 06:30 PMSimulation Lab
06:30 PM - 07:00 PMDebrief
DAY Three SAMPLE
07:30 AM - 09:00 AMCompany Visits
09:00 AM - 09:30 AMNetworking
09:30 AM - 11:00 AMCustomer Driven Product Development
11:15 AM - 12:45 PMDilemmas in Launching Entrepreneurial Organizations
12:45 PM - 02:00 PMLunch and Speaker: Entrepreneurial Strategy
02:00 PM - 03:30 PMDigital Experimentation
03:45 PM - 05:15 PMMaking Great Products
05:15 PM - 05:30 PMWhat Did We Learn Today?
05:30 PM - 06:30 PMTeam Working Sessions
06:30 PM - 08:00 PMSimulation Lab
DAY Four SAMPLE
07:30 AM - 09:00 AMCompany Visits
09:00 AM - 09:30 AMNetworking
09:30 AM - 11:00 AMCapturing Value
11:15 AM - 12:45 PMPricing/LTV
12:45 PM - 02:00 PMLunch and Speaker: Dean David Schmittlein
02:00 PM - 03:30 PMEntrepreneurial Marketing
03:45 PM - 04:00 PMWhat Did We Learn Today?
04:00 PM - 05:00 PMTeam Working Sessions
05:00 PM - 06:30 PMSimulation Lab
07:30 PM - 10:00 PMReception, Dinner, and Guest Speaker
DAY Five SAMPLE
09:30 AM - 11:00 AMEntrepreneurial Leadership Culture
11:15 AM - 12:45 PMEntrepreneurial Financing
12:45 PM - 02:00 PMLunch, Review of Final Presentation Format
02:00 PM - 03:30 PMFinancial Statements-How To
03:45 PM - 05:15 PMWhat VCs Look for in Startups
05:15 PM - 05:30 PMWhat Did We Learn Today?
05:30 PM - 06:30 PMTeam Working Sessions
06:30 PM - 08:00 PMSimulation Lab
DAY Six SAMPLE
08:00 AM - 08:30 AMMorning Overview
08:30 AM - 11:00 AMTeam Presentations
11:00 AM - 12:45 PMFinal Presentations with Judges
12:45 PM - 02:00 PMLunch and Speaker
02:00 PM - 03:15 PMAwarding of Certificates

  • According to a 2009 study, more than 25,000 active companies founded by MIT alumni have generated about 3.3 million jobs and $2 trillion in annual revenues. If they formed a nation, these companies would constitute the world’s 11th largest economy, ranking between Brazil and Russia. Read the full Kauffman Foundation report, "Entrepreneurial Impact: The Role of MIT." Given the activity at MIT in the past few years, we can only speculate that it's has grown exponentially since the study was completed.

    The Entrepreneurship Development Program is led by the team at the Martin Trust Center for MIT Entrepreneurship, including Bill Aulet, Executive Director; Ed Roberts, Founder and Chair; and Fiona Murray, Faculty Director. The mission of the Trust Center  is to educate and nurture the leaders who will make new ventures successful. More than 1,600 students attend over 30 entrepreneurship courses at MIT each year. In addition, over 1,400 participants from 65 countries have attended executive education programs organized by the Trust Center. Alumni of the programs form a vibrant and dynamic worldwide support network for the next generation of entrepreneurs and intrapreneurs.

Featured Content

The Recording of the Webinar with Bill Aulet is Now Available!

Understanding and Unlocking the Potential of Innovation, Entrepreneurship, and Intrapreneurship

Program Brochure

View the MIT Sloan Entrepreneurship Development Program Interactive Brochure

Featured Faculty

William Aulet

Bill Aulet is a Senior Lecturer and Managing Director in the Martin Trust Center for MIT Entrepreneurship at the MIT Sloan School of Management... more
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