The MIT Entrepreneurship Center is one of the largest research and teaching centers at the

MIT Sloan School of Management The MIT Sloan School of Management (MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, ...

, the business and management school at the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...

. It was founded in the early 1990s and charged with the mission to develop MIT's entrepreneurial activities and interests in education and research, alliances, and the community. The E-Center focuses on commercializing technologies that are invented by MIT students. To this end, the E-Center supports 1) the annual

MIT $100K Entrepreneurship Competition The MIT $100K Entrepreneurship Competition is a student-managed business plan competition, where undergraduates and postgraduates from various programs and all levels at the Massachusetts Institute of Technology ( MIT) organize and enter the comp ...

, and 2) student groups called Innovation Teams. Both groups are designed to support internal MIT students by organizing resources relevant to entrepreneurship. The Martin Trust Center is responsible for driving entrepreneurial education throughout MIT courses, as well as providing assistance to student entrepreneurs in the form of office resources, space, expert mentorship, and grants and awards. The acting managing director of the center is

Bill Aulet Bill Aulet is the Managing Director of the Martin Trust Center for MIT Entrepreneurship at MIT and Professor of the Practice at the MIT Sloan School of Management anMIT Sloan Executive Education He is also the author of ''Disciplined Entrepreneurs ...

. The center was founded by entrepreneur and Sloan School faculty member Florence Sender and MIT Professor, entrepreneur, and venture capitalist Edward B. Roberts, a co-founder of Meditech, Zero Stage Capital, and Sohu.com among other companies. The Martin Trust Center oversees the Patrick J. McGovern, Jr Award that recognizes excellence in entrepreneurship.

Degree offerings

Among other degrees, the Center offers a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

(MBA). In 2006, MIT Sloan launched a new program for entrepreneurs within the MBA degree called Entrepreneurship & Innovation (E&I). In addition to the MBA awarded by the Sloan School, participants are awarded a Certificate in Entrepreneurship and Innovation from MIT. The E&I option centers on starting and developing enterprises by bringing together students and faculty from across MIT's disciplines to build businesses around ideas and technologies. The program seeks to formalize MIT's long-standing and leading entrepreneurship offerings. E&I students benefit from a specialized weekly seminar for entrepreneurs which features a speaker series and a networking dinner. In addition, a one-week trip to

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...

is coordinated in conjunction with the MIT Sloan MediaTech club. Program participants apply to the E&I program as part of the MIT Sloan application process. Upon admission to the MBA program, they are then evaluated for admission to the E&I option. In addition to the core curriculum required for all MBA students, E&I students must take additional entrepreneurship-oriented courses each semester following the first semester core. They must also attend the Silicon Valley Trek and participate in the

. The E&I option is led by Professors Ed Roberts,

Fiona Murray Dame Fiona Elizabeth Murray is the Associate Dean for Innovation at the MIT Sloan School of Management. She is a member of the Prime Minister of the United Kingdom's Council for Science and Technology. Early life and education Murray studie ...

, and

Awards

The Martin Trust Center oversees the Patrick J. McGovern, Jr ’59 Entrepreneurship Award. It is a

award given annually to a MIT student or MIT student team for significant contributions to the study and practice of entrepreneurship at MIT. The award is named after the American businessman and MIT alum, Patrick Joseph McGovern. Patrick Joseph McGovern

External links

Official Web Site

Notes

{{DEFAULTSORT:Mit Entrepreneurship Center Entrepreneurship Center