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AGILE –
NOT FRAGILE
Helping students
learn the craft of
entrepreneurship
At MIT, we believe
entrepreneurship
is a craft that can
be taught.
Our mission is to advance
knowledge and educate
students in innovation-driven
entrepreneurship, in a
manner that will best serve the
nation and the world in the
21st century.
We accept and welcome our
leadership role to advance the
field at MIT as well as globally.
We serve MIT students, to
whom we provide proven
frameworks, courses, co-
curricular programs, state of
the art facilities, advisory
services and processes to
create a rigorous, practical,
customized and integrated
experience.
Our goal is to help them
become agile, not fragile.
Principles of operation
MIT Standard of Excellence & Rigor
We provide the highest quality education, advising, and
practical experiences.
Collaboration
We work closely with other MIT departments, labs,
centers, and groups to connect students with the best
entrepreneurship programming across the Institute and
beyond when appropriate.
Diversity and inclusion
Entrepreneurship requires diversity of opinion and
diversity of people. Throughout our courses, advising,
and programming, we combine a range of critical
perspectives.
Experimentation
Each year we try new programs and activities. If we fail,
we learn. We don’t expect everything to work the first
time; if they all do, we are not innovating enough.
Honest Broker
First, neither the Center nor its faculty or staff are
allowed to take a financial interest in any of the new
companies that we nurture and assist. Second, we strive
to always provide our students with multiple options and
educate them on the process to make an informed
decision. The choice always rests with the student. The
Center will work to create a level playing field for the
options. Our only goal is the student’s entrepreneurship
education and long-term entrepreneurial success.
Mens et Manus
True to the motto of MIT, in all of our courses and
throughout our activities, we operate on a hybrid model
that fuses academic and practitioner perspectives.
Program pillars
Spirit
of a pirate
Skills
of a Navy Seal
+
Our many student personas
Explorer Founder Joiner Corporate Amplifier
AYA: A startupentrepreneur
Hear abouteship
explore eship
Deep dive into eship
Next steps
FALL: Events
JANUARY: Programs
SPRING++: Classes,
Projects, Programs,
Competitions
SUMMER:
Projects, Programs
THE MTC4ME ENTREPRENEURSHIP RAMP
11
Inspiration:
Idea,
Technology
Application:
Extra-Curricular
Acceleration:
Fully Immersive
Capstone
Fundamentals:
Classroom
Exploration:
Workshops,
Grants, EIR’s
12
13
19
Mit’s entrepreneurial legacy
Over 30,000 companies, 4.6M jobs, $2T revenue/y
Academics
All taught with academic and practitioner faculty wherever possible
providing a rigorous/disciplined understanding and skill set
About Entrepreneurship
15.360, Eship for eng, Venture Engineering, StartMIT
Functional Skills
Partial Portfolio
Industry
Partial Portfolio
In Company Experience
Partial Portfolio
• Product design
• Marketing
• Sales
• Finance
• Fundraising
• Legal
• IP
• HR
• Sales
• Corporate eship
• Energy
• Healthcare
• BioTech
• FinTech
• Social*
• Dev World*
• Real Estate
• Media
• Hard tech
• E-Lab
• G-Lab
• S-Lab
• DE-Lab
Foundational Skills
Partial Portfolio
• Founding & Teams
• Strategy
• Scaling
• Advanced
techniques
Become an Entrepreneur
15.390, MIT fuse
Events
Diane Green, CEO, Google’s Cloud
Services division (former CEO, VM Ware)
Prof. Bengt Holmstrom,
Nobel laureate in Economics
Programs
Student Clubs
Infrastructure and agents
Kosta Ligris
MIT, 5 Start Ups,
Co-Founder
Stavvy, Lawyer
Trish Cotter
Doctorate, 2
Garage to IPO,
Netezza
Operations
Elaine Chen
MIT, 5+ Start Ups,
Roboticist, Corporate
Entrepreneurship
Kit Hickey
MIT, Co-Founder
Ministry of Supply,
Finance guru
Will Sanchez
MIT Ph.D.,
2 startups,
Telefonica & CIA
Dip Patel
MIT, Co-Founder
Ecovent, Lockheed
Martin
Brint Markle
MIT, Co-Founder
Avatech / Mountain
Hub, PE & Consulting
Outreach
IT TAKES A VILLAGE
Team Professional Advisor Network
+ 200-300 volunteer mentors, speakers and mock board members every summer
MIT is just the beginning
THANK
YOU
http://entrepreneurship.mit.edu
Backup Slides
The Experience for the Student …
31
Sept
Demo Day
(Sat)
“Yes I Can!”
then
T=0 Festival
(M-Th)
Getting
started
Fall
Low Friction
Events,
Classes,
Clubs
“Increasing
exposure”
IAP
FUSE,
StartMIT,
$100K Pre-
Accelerator
Treks,
Internships
“Starting
to commit”
Spring
More
Advanced
Classes,
Competitions,
Ind. Studies,
Services
“In the race”
Summer
delta v
Accelerator,
Plus other
Full
commitment
options
“Full
immersion –
all in for
summer”
Content* Success
• External: Harvard, Yale, U Penn, U Colorado,
UNC, Duke, McGill, Kings College, Scotland,
Mexico, Copenhagen, Norway, Poland, Portugal,
Turkey & many, many more
* - “content” = frameworks, course content, facilities, advisory and processes
IMF
Beyond startups:
Corporate Entrepreneurship
CORPORATE MEMBERSHIP PROGRAM
“I found our organization’s funding spent to
support the trust center to be not only the
most enjoyable and interesting money
spent understanding the Boston and MIT
entrepreneurial ecosystem, but also the
most productive.”
THOMAS ANDRAE
former Director, 3M New Ventures
2019
2012
2013
2014
2015
2016
2017
2018
Academics
Programs
Events
Infrastructure
Outreach
GSD EPD ITM CE EFT CI
Summer accelerator
EIR V1
Janmini accelerator
Fintechchallenge
EIR V3EIR V2 EIR V4 EIR V5
Orbit V1KB V1Zendeskv1Wiki
ES
Speakerseries Maker events Pitch events
Zendeskv2
NYCSS V1
Beehive New space
EEF
KB V2 ZendeskV3
Martin Trust Center overview - 2020

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Martin Trust Center overview - 2020

  • 1. AGILE – NOT FRAGILE Helping students learn the craft of entrepreneurship
  • 2. At MIT, we believe entrepreneurship is a craft that can be taught.
  • 3. Our mission is to advance knowledge and educate students in innovation-driven entrepreneurship, in a manner that will best serve the nation and the world in the 21st century. We accept and welcome our leadership role to advance the field at MIT as well as globally.
  • 4. We serve MIT students, to whom we provide proven frameworks, courses, co- curricular programs, state of the art facilities, advisory services and processes to create a rigorous, practical, customized and integrated experience. Our goal is to help them become agile, not fragile.
  • 5. Principles of operation MIT Standard of Excellence & Rigor We provide the highest quality education, advising, and practical experiences. Collaboration We work closely with other MIT departments, labs, centers, and groups to connect students with the best entrepreneurship programming across the Institute and beyond when appropriate. Diversity and inclusion Entrepreneurship requires diversity of opinion and diversity of people. Throughout our courses, advising, and programming, we combine a range of critical perspectives. Experimentation Each year we try new programs and activities. If we fail, we learn. We don’t expect everything to work the first time; if they all do, we are not innovating enough. Honest Broker First, neither the Center nor its faculty or staff are allowed to take a financial interest in any of the new companies that we nurture and assist. Second, we strive to always provide our students with multiple options and educate them on the process to make an informed decision. The choice always rests with the student. The Center will work to create a level playing field for the options. Our only goal is the student’s entrepreneurship education and long-term entrepreneurial success. Mens et Manus True to the motto of MIT, in all of our courses and throughout our activities, we operate on a hybrid model that fuses academic and practitioner perspectives.
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  • 9. Our many student personas Explorer Founder Joiner Corporate Amplifier
  • 11. Hear abouteship explore eship Deep dive into eship Next steps FALL: Events JANUARY: Programs SPRING++: Classes, Projects, Programs, Competitions SUMMER: Projects, Programs
  • 12. THE MTC4ME ENTREPRENEURSHIP RAMP 11 Inspiration: Idea, Technology Application: Extra-Curricular Acceleration: Fully Immersive Capstone Fundamentals: Classroom Exploration: Workshops, Grants, EIR’s
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  • 21. Mit’s entrepreneurial legacy Over 30,000 companies, 4.6M jobs, $2T revenue/y
  • 22. Academics All taught with academic and practitioner faculty wherever possible providing a rigorous/disciplined understanding and skill set About Entrepreneurship 15.360, Eship for eng, Venture Engineering, StartMIT Functional Skills Partial Portfolio Industry Partial Portfolio In Company Experience Partial Portfolio • Product design • Marketing • Sales • Finance • Fundraising • Legal • IP • HR • Sales • Corporate eship • Energy • Healthcare • BioTech • FinTech • Social* • Dev World* • Real Estate • Media • Hard tech • E-Lab • G-Lab • S-Lab • DE-Lab Foundational Skills Partial Portfolio • Founding & Teams • Strategy • Scaling • Advanced techniques Become an Entrepreneur 15.390, MIT fuse
  • 23. Events Diane Green, CEO, Google’s Cloud Services division (former CEO, VM Ware) Prof. Bengt Holmstrom, Nobel laureate in Economics
  • 26. Infrastructure and agents Kosta Ligris MIT, 5 Start Ups, Co-Founder Stavvy, Lawyer Trish Cotter Doctorate, 2 Garage to IPO, Netezza Operations Elaine Chen MIT, 5+ Start Ups, Roboticist, Corporate Entrepreneurship Kit Hickey MIT, Co-Founder Ministry of Supply, Finance guru Will Sanchez MIT Ph.D., 2 startups, Telefonica & CIA Dip Patel MIT, Co-Founder Ecovent, Lockheed Martin Brint Markle MIT, Co-Founder Avatech / Mountain Hub, PE & Consulting
  • 28. IT TAKES A VILLAGE Team Professional Advisor Network + 200-300 volunteer mentors, speakers and mock board members every summer
  • 29. MIT is just the beginning
  • 32. The Experience for the Student … 31 Sept Demo Day (Sat) “Yes I Can!” then T=0 Festival (M-Th) Getting started Fall Low Friction Events, Classes, Clubs “Increasing exposure” IAP FUSE, StartMIT, $100K Pre- Accelerator Treks, Internships “Starting to commit” Spring More Advanced Classes, Competitions, Ind. Studies, Services “In the race” Summer delta v Accelerator, Plus other Full commitment options “Full immersion – all in for summer”
  • 33. Content* Success • External: Harvard, Yale, U Penn, U Colorado, UNC, Duke, McGill, Kings College, Scotland, Mexico, Copenhagen, Norway, Poland, Portugal, Turkey & many, many more * - “content” = frameworks, course content, facilities, advisory and processes IMF
  • 35. CORPORATE MEMBERSHIP PROGRAM “I found our organization’s funding spent to support the trust center to be not only the most enjoyable and interesting money spent understanding the Boston and MIT entrepreneurial ecosystem, but also the most productive.” THOMAS ANDRAE former Director, 3M New Ventures
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  • 37. 2019 2012 2013 2014 2015 2016 2017 2018 Academics Programs Events Infrastructure Outreach GSD EPD ITM CE EFT CI Summer accelerator EIR V1 Janmini accelerator Fintechchallenge EIR V3EIR V2 EIR V4 EIR V5 Orbit V1KB V1Zendeskv1Wiki ES Speakerseries Maker events Pitch events Zendeskv2 NYCSS V1 Beehive New space EEF KB V2 ZendeskV3