If you are a student looking to learn more about entrepreneurship, taking one of the following classes is a great place to start:
- Venture Engineering is one of the foundation courses for the undergraduate Entrepreneurship & Innovation Minor and is ideal for engineering students interested in innovation-driven entrepreneurship. The new E&I Minor was pioneered by Steve Haraguchi, Executive Director of the MIT Innovation Initiative.
- Founder’s Journey allows students to examine entrepreneurship through the experiences of seasoned entrepreneurs. This course is taught by Christina Chase, who is an entrepreneur and also a faculty advisor for STE@M, Sports Technology Education @ MIT.
- New Enterprises brings undergrads and grads together in teams to gain experience turning an idea into a new technology-based enterprise. Multiple student teams have gone on to form companies from their classwork. This course is taught by Bill Aulet, Managing Director of the Martin Trust Center and author of Disciplined Entrepreneurship.
- StartMIT is a three-week series of talks and workshops during IAP (January term) in which students are exposed to all kinds of entrepreneurship and work with mentors to develop a pitch and business plan for a startup idea.
- And many more that include foundations, skill sets, and industry focus for students involved in startups at at any stage.
If you and your team have developed your idea and are ready to take your startup to the next stage, you might consider:
- Launching your idea in an accelerator such as StartIAP, which occurs in January, or the Global Founders’ Skills Accelerator, which occurs over the summer.
- Gaining funding through a competition such as the MIT $100K Entrepreneurship Competition, which consists of three independent contests that occur throughout the year, or the MIT IDEAS Global Challenge, an annual competition for innovations that impact underserved communities…
- …or through applying for a prize or fellowship such as the Lemelson-MIT Student Prize or the Legatum Fellowship.
- You can also find mentorship and up to $25K in funding for your startup through the Sandbox Innovation Fund, directed by Jinane Abounadi.
- Download the MIT Mobius App to get access to over a dozen makerspaces, including the MIT Media Lab directed by Joi Ito, to prototype and develop your idea.
- Visit one of the many entrepreneurship-related centers on campus, including the Martin Trust Center where students have access to a multitude of resources such as Entrepreneurs in Residence, coworking spaces, mentorship, and more.
- Attend a hackathon, such as HackMIT, MakeMIT, and Hacking Medicine, to get started on a new project and find other students to work with.
- Get involved in student organizations by attending their events and joining their teams. Entrepreneurship and innovation clubs include StartLabs, the Sloan E&I Club, TechX, the VentureShips Club, and many more.
- Take a study break and go to a pitch night to hear about what other students are working on, meet cool people, or even pitch your own idea.
There is always a lot going on at MIT related to entrepreneurship and innovation, and the best way to take advantage of these opportunities is to always be trying something new. Whether it’s a pitch night, class, hackathon, accelerator, or anything else, you will meet awesome people and learn a ton. MIT has designed its entrepreneurial environment such that the objective is for students to gain as much experience as possible. In other words, if you try something new and fail, as long as you learn something you still succeed.