May 2008

THE PATRICK J. MCGOVERN, JR. '59 AWARD 2008 WINNERS ANNOUNCED

The McGovern Award is given to an individual or team that, in working closely with the MIT Entrepreneurship Center, has made a significant impact on the quality and overall spirit of entrepreneurship at the Institute. The objective of the award is to motivate future student leaders, raise the profile of student-led organizations, and reward individuals for outstanding achievement in building entrepreneurial excellence.

2008 Winners: MIT $100K Team

Jeffrey Sabados G
Freddy Kerrest G
Gaetan Bonhomme G
Douglas Bright G

December 2006
Massachusetts Energy Summit - Susan Hockfield's speech

2 December 2006
9th Annual MIT Venture Capital Conference, webcast

MIT VC Conference

The 8th Annual MIT VC Conference will be held on 3rd Dec, 2005

MIT 50K competition

Executive Summaries for the 1K competitions are due November 14.

MIT Sloan ranked #5 in Entrepreneurship

"The Wall Street Journal Guide to The Top Business Schools 2006" (2005, Random House Reference) ranked MIT Sloan School of Management #5 in Entrepreneurship.

The 4th Annual Biotech celebration was held on 18 August 2005.

The Celebration is hosted by:

• The MIT Entrepreneurship Center,
• The Harvard-MIT Division of
  Health Sciences and Technology (HST), and
• The MIT Center for Biomedical Innovation (CBI).

This evening celebrates Kendall Square area as one of the most concentrated biotechnology clusters in the world; recognizes the excellence of academic research; showcases our vibrant entrepreneurial community; and celebrates the launch of the new interdisciplinary MIT Center for Biomedical Innovation.

View the list of biotech companies in the Kendall square area.
You may purchase the 2005 Map of the Kendall square Biotech cluster.

Mass High Tech's "Corporate Investment In New England Startups" featuring Ken Morse June 3

3rd June 2005

5TH ANNUAL LONDON GALA CELEBRATING THE MIT $50K FINALISTS
Hosted by Cambridge Enterprise, University of Cambridge
and MIT Entrepreneurship Center
Thursday 14 June 2005
The Guildhall, London

4TH ANNUAL LONDON GALA CELEBRATING THE MIT $50K FINALISTS

CUTEC VENTURE CAPITAL CONFERENCE

The CUTEC conference has the exciting, yet realistic theme of, A Window on Innovation – a Gateway to Deal Discovery. We believe that Cambridge University has all the necessary ingredients to address this outlook thus giving way to increased opportunity for new ventures and investments as well as continued growth for the future.

For more information go to http://www.cutec.org

WE ARE RECRUITING

The MIT Entrepreneurship Center is seeking a high energy, venture-minded Program Coordinator to support our initiatives and serve as a value-added link to our stakeholders. Previous experience with startup is a plus!

Please send your cover letter and resume to Gracie Alcid.

Technology Transfer as a Team Effort: Perspectives on and Insights into Technology Transfer
This event is designed to stimulate thought, discussion, and learning about the different objectives and constraints of the various participants in a technology transfer process. Our panel of experts will translate this learning into opportunities for successful technology transfer. The program will begin with an overview of the stages involved in technology transfer, moving from idea to commercialization and identifying key decisions involved in the process. This will set the stage for a panel discussion by experts with differing perspectives on the technology transfer process.
Date: Thursday, April 15, 2004
Sponsored by: Women Entrepreneurs in Science and Technology, Wolf, Greenfield & Sacks, P.C.
Download more information.

SCOTTISH BIOTECH CELEBRATION

The MIT Entrepreneurship Center in conjunction with Signet Library in Edinburg, Scotland will be hosting the 2004 Celebration of Biotechnology in Scotland 29 March 2004.
Contact Gracie Alcid for more information.

FIRST ANNUAL HCT-MIT GLOBAL ENTREPRENEURSHIP CONFERENCE

Date: Saturday 20th - Sunday 21st March 2004
Theme: "Entrepreneurship 2010" Creating a Dynamic, Vibrant, Competitive Economy
Location: Dubai, United Arab Emirates

Entrepreneurs are the engines of the economy. National development occurs through entrepreneurship, and the success of the enterprise economy machine depends on the quality of its engine - that is, the process of allocating resources for the generation of productive and innovation-driven rather than rent seeking undertakings. Productive and innovation-driven enterprises constitute the army trained to fight on the ground of competition.

The international mobility of talented youngsters helps countries, regions, and other territorial communities to close their productivity gap since it promotes entrepreneurship-led innovation, thereby creating "nations of entrepreneurs" driven by creativity, initiative, risk taking, discipline and personal development.

ABU DHABI ENTREPRENEURSHIP CENTER

The MIT Entrepreneurship Center is collaborating with Higher Colleges of Technology to establish Entrepreneurship in the Middle East.
View Washington Post Article.

FIRST ANNUAL ROBERT A. SWANSON MEMORIAL LECTURE

Dr. Philip A. Sharp, MIT Institute Professor, presented the first annual Robert A. Swanson Memorial Lecture, a tribute to innovation in human genome research at the MIT Sloan Venture Capital Conference, December 6, 2003. Read Ken Morse's introduction.

BIOSTRATEGY SEMINAR SERIES KICK-OFF

The MIT Sloan BioPharma Business Club hosts bimonthly lectures that explore the intersection of biotechnology and enterprise. The Fall 2003 series begins Thursday 04 September 2003 with Vaugh Kailian, Vice Chairperson, Millenium Pharmaceuticals, "What it takes to be a Biotech CEO."
Visit the BioStrategy Seminar Series Web site for more information.

ZIPCAR receives Govenor's Entrepreneurship Award

Massachusetts Governor Mitt Romney presented the Governor's Entrepreneurship Award to Zipcar on 4 August 2003, in honor of the company's efforts to build an affordable, convenient and accessible on-demand network of cars in Boston, Washington and New York, and in recognition of the company's founders and operators as innovators and entrepreneurs, whose work highlights the Commonwealth of Massachusetts as home to successful ideas and businesses. Zipcar founder Robin Chase graduated with an MBA from the Sloan School of Management. Zipcar has participated in course 15.399 Entrepreneurship Lab.

NANOSTREAM opens its Series C financing round.


Surekha Vajjhala SB '96, SM'99 , Business Development Manager NANOSTREAM, is pleased to announce:

Pasadena, Calif. - June 2, 2003 - Nanostream opened its Series C financing round with a $22M commitment from institutional investors. Co-lead investors AEA Investors and Lilly BioVentures were joined by Techno Venture Management, Flagship Ventures, and other private investors who participated in the Series A and B financing rounds. Proceeds from this ongoing round will benefit staff expansion and manufacturing scale-up for the company's first product.

MIT CLUB OF GERMANY Announces Its First International Biotech Conference!

Title: Facing Present and Future Challenges
When: Monday, 16 June, 2003
Where: "Senatssaal" in the main building of the Ludwig-Maximilian-Universitaet Muenchen Geschwister-Scholl-Platz 180538 Muenchen
Sponsors: VentureCapital Magazin, Testa, Hurwitz & Thibeault, Grace Advisory, Boehmert & Boehmert, Apalaexo, Munich Network, WZL Forum

Details: Click here

London Gala Networking Dinner at British Museum

When: Wednesday, 11 June 2003.
Where: The British Museum, London
To celebrate the winners of:
Cambridge University Entrepreneurs £50K Competition
and MIT $50K Entrepreneurship Competition

To view the invitation, please visit the online invitation.

To register, please visit www.cecevents.com

For sponsorship information, please contact Gracie Alcid in the MIT Entrepreneurship Center.

Announcing the 2003 MIT $50K Winners

Winner: SmartCells
Runner-Up: NeuroBionics
Runner-Up: Brontes
Visit the $50K Competition website for more information.

The MIT Entrepreneurship Center Has Moved!

Where: E40-196
Where: Please come by and visit our new state of the art facility. Questions?

Financing Choices That Matter Most to Entrepreneurial Engineers and Scientitsts

When: Wednesday, May 7, 2003, 18:30 - 21:00
Where: Sheraton Lexington
Details: Click here

Technology Executive Lecture Series Presents Ichiro Endo, Senior Managing Director, Canon Inc.

Title: The Birth of a Technology and the People Behind It
When: Thursday, May 8, 2003, 17:00
Where: Tang Center, Wong Auditorium, Bldg. E51
Sponsor: Office of Corporate Relations

Fourth Annual National Conference of the Princeton Entrepreneurs' Network

Title: Clean Capitalism: Tactics for Making Money and Making a Difference in the 21st Century
When: Thursday, May 29, 2003, 8:30 - 19:30
Where: Friend Center, Princeton University
Details: Click here.

Boston Eight Research Universities Provide $7B Boost to Regional Economy

Full Report: click here

Want to Teach Business to Inner-City High School Students?
Help students perfect both their business plans and their presentations in preparation for the Business Plan Competition & Expo.

HBS Entrepreneurship Conference

Title: Unleash Your Entrepreneurial Spirit - HBS Conference
When: Saturday, April 5, 2003, 8:00 a.m
Where: Harvard Business School, Boston, MA
Details: click here

Visionary Leaders Conference - Promoting Social Responsibility in Business, Science, and Engineering

Opening Speaker: John Preston, Senior Lecturer, MIT Entrepreneurship Center
When: Sunday, April 6, 2003, 9:00 - 16:15
Where: E-51-Wong, MIT
Details: click here (open to MIT, Harvard, and Wellesley community - free)

The Outlook For Financing Tiny Technology Start-Ups: Deconstructing The Financing Machinery For New Companies

Speaker: Charles E. Harris, Chairman and CEO, Harris & Harris Group, Inc.
When: Tuesday, April 8, 2003, 18:30 - 21:30
Where: TBA, space is limited
Details: click here

Want to Teach Business to Inner-City High School Students?
Help students perfect both their business plans and their presentations in preparation for the Business Plan Competition & Expo.

Organization: National Foundation for Teaching Entrepreneurship (NFTE, www.nfte.com)
Opportunity: To teach low-income youth in Boston about business through a business plan competition
Time: Six hours total spread out over four consecutive weeks
When: Volunteers can coach students anywhere between 7:45 am and 6 pm, depending on the school selected and the volunteer's own preferences
Dates: March 24 through April 18

Please contact volunteer coordinator Dave Anderson to sign up.

Give back. Get involved. Make a difference.

2nd Annual Entrepreneurial Edge

Event: Networking Reception for VMS Ventures, Mentors, and Member of MIT Family.
When: Tuesday, April 15, 2003, 17:30 - 20:30
Where: MIT Faculty Club
Details: RSVP 617.258.0720

Strengthening the Links - Collaboration and the Future of Biotechnology

When: Thursday, April 24, 2003, 7:00 a.m - 7:30 p.m.
Where: Sheraton Boston Hotel
Details: click here

Is the Biomedical Enterprise Program (BEP) For You?

Do you have a passion for biomedical science and a desire to bring new products to the health care market? Do you have aspirations of founding the next important biomedical enterprise? Do you identify with famous biotech entrepreneurs?

Bob Swanson, Founder of Genentech Mark Levin, Founder of Millennium Pharmaceuticals Alan Will, Founder, Chairman and CEO of The Foundry, LLC Henri Termeer, Chairman and CEO of Genzyme Phil Sharp, Nobel Prize winner, Co-founder and Chairman of the Scientific Board of Biogen, Inc.

Several of these entrepreneurs are MIT graduates.

Most have strong ties to the MIT community. If you have the drive to build something great, even in the face of formidable odds, then BEP just might be right for you.

When: April 25, 2003
Where: Admit Weekend
Details: click here

Tinytech and The Sloan Health Club Present "Nanotechnology Meets Biotechnology" by Dr. Andrey Zaruru ('96, '00)

Featured Speaker: Andrey J. Zarur, Ph.D., CEO of BioProcessors Corp.
Title: “Nanotechnology Meets Biotechnology”
When: Wednesday, March 5, 2003, 12:00-1:00 pm
Location: MIT Campus: E51-315

Nanostructures Seminar Series - Advances in Commercialization

Featured Speaker: Dr. Tom Celluci, COO of Zyvex
Title: “Nanotechnology and Microtechnology - Beyond the Hype"
When: Friday, March 7, 2003, 1:00 pm
Location: MIT Campus: E25-111

Experiencing the Frontiers of Biomedical Technology

Title: Experiencing the Frontiers of Biomedical Technology
When: Monday, March 10 - Tuesday, March 11, 2003
Location: Tosteson Medical Education Center at Harvard Medical School, 260 Longwood Avenue, Boston, MA
Register: Click here.
Sponsors: Harvard-MIT Division of Health Sciences and Technology (HST)

BioStrategy Seminar Series Presents Carl Feldbaum, President Biotechnology Industry Organization (BIO)

When: Thursday, March 13, 2003, 18:00-20:00
Location: MIT Campus, E51-345
Register: Click here.
Sponsors: MIT Health Tech Club, MIT Entrepreneurship Center, BioStrategy

Nanostructures Seminar Series - Liquids on Nanolandscapes

Featured Speaker: Dr. Oleg Gang, Harvard University
When: Thursday, March 13, 2003, 4:30-6:00 pm
Location: Building 1, Room 190

Women in Life Sciences Showcase: Celebrating the Entrepreneurial Spirit of Women in Science

When: 15 March 2003 (Sat), 8:00 a.m. - 2:00 p.m.
Where: Foley Hoag LLP, 155 Seaport Boulevard, Boston
Hosts: WEST & Massachusetts Biotechnology Council
Details: click here
Fee: WEST/MBC Members: $65, Non-Members: $95, Students $30, Members from supporting organizations: $85

Limited Space. Register for the conference here.

Keynote Speakers: Gail Naughton, Co-Founder, Advanced Tissue Sciences, Vicki Sato, President, Vertex Pharmaceuticals

Bio-IT World Conference & Expo

When: March 25 - March 27, 2003
Location: Hynes Convention Center
Register: Click here.
Sponsors: Massachusetts Biotechnology Council and IDG World Expo

Want to Teach Business to Inner-City High School Students?
Help students perfect both their business plans and their presentations in preparation for the Business Plan Competition & Expo.

Organization: National Foundation for Teaching Entrepreneurship (NFTE, www.nfte.com)
Opportunity: To teach low-income youth in Boston about business through a business plan competition
Time: Six hours total spread out over four consecutive weeks
When: Volunteers can coach students anywhere between 7:45 am and 6 pm, depending on the school selected and the volunteer's own preferences
Dates: March 24 through April 18

Please contact volunteer coordinator Dave Anderson to sign up.

Give back. Get involved. Make a difference.

NPVD Proseminar "Horns of Dilemma" is a big hit!!!
Popular opinion indicates that this is a valuable class.

Register for IAP 2003 Entrepreneurship Courses
IAP, Independent Activities Period, is a special 4-week interim term at MIT that runs from the first week of January until the end of the month. IAP 2003 runs from January 6 through January 31. We offer four IAP Entrepreneurship Courses (three for-credit, one non-credit) available to students and the wider MIT community.

For more information, go to: http://entrepreneurship.mit.edu/iap.php.

Our IAP Entrepreneurship Courses include:

• #15.974: Preliminary Venture Analysis and Personal Entrepreneurial Strategy
• #15.975: The Nuts and Bolts of Business Plans
• #15.976: Starting and Building a Successful Technology-Based Company

The MIT Entrepreneurship Center launches its brand new website.
On October 10, 2002, the MIT E-Center launched its brand new website.
The new site features more information and resources for all members of our entrepreneurial community:

• New narrative tour giving an overview of the E-Center within the entrepreneurial process.
• Full course listings and calendar of events.
• New "Get Involved" section, organizing all the ways in which students, professionals, and alumni can get involved in the E-Center's exciting activities.
• People Profiles & Success Stories - Learn from the best. Alumni and successful entrepreneurs share their stories, career paths, favorite quotes, and lessons learned. We will also have updated faculty/staff profiles and contact information.
• Global section -- outlining our international activities and highlighting our partners.
• Resources & Research -- helpful links and downloads for students, alumni, entrepreneurs, and aspiring-to-be entrepreneurs. This will be a comprehensive Toolkit for Entrepreneurs, including: intellectual capital, links to resources within and beyond MIT, networking advice and tips, news articles, recommended book list, research sites, E-Center facilities available, etc.
• History & Background of the E-Center -- Interesting stories about the entrepreneurial legacy of MIT, the E-Center's growth trajectory, statistics & rankings, plus a list of cool MIT inventions.

Springboard: New England 2002 is part of a national program designed to increase investments in women-led firms and facilitate new deal flow to investors. To date, presenters at the past two New England forums have raised over $115 million. Nationally, presenters have raised over $750 million and have been featured on the covers of U.S. News and World Report and Inc. Magazine.

Date: Friday, November 22, 2002
Time: 9:00am-5:00pm. Forum Agenda
Registration: Online application
Presenters: Company Descriptions of Presenters

07 November 2002 E-Lab CEO High Tech Networking Reception
Every semester, the MIT Entrepreneurship Center throws a bash to honor the CEOs of past and present E-Lab companies. We expect 250+ significant players in the venture community to attend this year's reception on 07 November 2002.

Since 1996, more than 350 start-up companies have offered internships to MIT students through the E-Lab program. A number of these companies, many of which originated at MIT, donate stock or cash funds to defray some of the costs associated with administering E-Lab. Their commitment to the program makes them a valuable source of contacts, information, resources, and job opportunities for students.

More on the E-Lab Network.

Date & Time: 07 November 2002, 6:30-9:30pm
Location: MIT Faculty Club
Admission: By invitation only
Contact: Pat Fuligni
Website: http://entrepreneurship.mit.edu/elab.php

Ken Morse, E-Center Managing Director and Sloan Senior Lecturer, kicked off the sessions rallying the students (as "Sloan shareholders") to make a commitment to improve Sloan's reputation in the soft skills by making a conscious effort and being open to constructive criticism from peers. If successful, this would raise the value of their "shares" in the Sloan enterprise. He then gave very practical advice for writing thank-you notes, giving effective pitches, working a room as a team, and generally learning the skill of being low maintenance. Morse's philosophies behind his advice centered around the cultivation of empathy and the banishment of one's sense of entitlement.

If management is the game you play, you better know the rules.

Download the Charm School 2002 Presentation.

New course in the NPVD: "Sales & Sales Force Management."
The entrepreneur must not only understand the sales process but also embrace the fact that the ability to sell is the single most critical success factor of any new enterprise. This course does not approach sales from the vaunted perspective of 'strategy'. It gets right into the very practical and tactical ins and outs of how to sell technical products to a sophisticated marketplace. Then it moves into the more complex subject of how to build and manage a sales force and covers subjects such as building compensation systems for a sales force, assigning territories, resolving disputes, and dealing with channel conflicts.

Class Participation for this course is a requirement, in addition to several oral and written assignments. There will not be a final exam. Each class will be 90 minutes long and will be broken into three parts: there will be a 30-minute lecture on a specific aspect of sales or sales force management, a 30-minute discussion of either a business case or a reading, and a 30-minute series of student presentations in front of the class.

Instructors: Howard Anderson, Tim Kraskey, Ken Morse
Class Dates: October 28 - December 11, 2002

View course listing for this course.

Biotech fever hits Kendall Square and the MIT campus.
With Novartis Institute for Biomedical Research moving to Kendall Square, MIT and Kendall Square have been declared to be the "Epicenter of the Biotech Revolution."

Over 600 CEOs and senior executives of biotech and related mature firms, start-ups, venture capital firms, and IP law firms; MIT senior officers, faculty, students, and staff; and other members of the local biotech community all gathered in the MIT Building E25 courtyard on Thursday 22 August 02 to "Celebrate Biotechnology in Kendall Square." The event was co-hosted by the MIT Entrepreneurship Center and the newly established HST/MIT Sloan Biomedical Enterprise Program.

On campus, Sloan students have founded the Sloan BioStrategy Group which hosts a seminar series that explores the intersection of biotechnology, entrepreneurship, and business development. Representatives of the biomedical industry are invited to lead seminars focused on strategic issues in the field. The series aligns with and supports the curriculum of the Biomedical Enterprise Program (BEP), which is part of the MIT-Harvard Medical School's joint program in Health, Science and Technology (HST).