Development of the Engineering Entrepreneurship Initiative at VMI, an interdisciplinary program, Elizabeth Baker
VMI has made undergraduate research a central part of the student experience over several years. By combining entrepreneurship education and engineering innovation, we were able to develop the Engineering Entrepreneurship Initiative, where entrepreneurship students developed business plans around intellectual property invented by students in the Electrical and Computer Engineering department. After presentation of these student-developed business plans to venture capitalists and other executives involved in technology venture development, work continued to refine the prototype and find companies to license the technology. Incorporating stakeholder identification and satisfaction through the initiative, this interdisciplinary undertaking, integrated with undergraduate research, is a model that other UG institutions could use to enhance the development of entrepreneurship education in their curricula.
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