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MIT Entrepreneurship Center
The MIT Entrepreneurship Center is one of the largest research and teaching centers at the MIT Sloan School of Management, the business and management school at the Massachusetts Institute of Technology. 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, 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 ...
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MIT Sloan School Of Management
The MIT Sloan School of Management (branded as MIT 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, as well as executive education. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. History The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of management. A program offering a master's degree in management was established in 1925. The world's first universit ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ...
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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 competition. Teams must include at least one full-time MIT student, but membership is not limited to the MIT community. The competition is supported by the MIT Entrepreneurship Center at the MIT Sloan School of Management. Every year a total of $300,000 is distributed as non-dilutive grant money. Since 1990, over 160 companies have been started as a result of the competition, generating 4,600 jobs, receiving over $1.3 billion in follow-up venture capital funding and totaling a cumulative market value of over $15 billion. Process Throughout the academic year, the teams take part in a process that includes industry and legal mentorship, multiple live judging rounds, prototyping and pitch workshops, expense accounts for venture development, net ...
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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 and MIT Sloan Executive Education. He is also the author of ''Disciplined Entrepreneurship: 24 Steps to a Successful Startup''. Career Since Aulet became Managing Director in 2009, he has conceived, designed and overseen the implementation of numerous innovative programs, from new courses (Linked Data Ventures, Entrepreneurial Product Marketing and Development, Energy Ventures, Applications of Advanced Entrepreneurial Techniques) and student initiatives (MIT Clean Energy Prize, MIT Entrepreneurship Review) to accelerators (Global Founders’ Skills Accelerator, Beehive Cooperative) and thought leadership initiatives (Regional Entrepreneurship Acceleration Program or REAP). In April 2013, Aulet was awarded the Adolf F. Monosson Prize for Entrepreneurial Mentoring at MIT. Prior to joining MIT, Aulet worked for more ...
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Florence Sender
Florence Sender (b. January 25, 1943 – d. October 19, 2012) was an American entrepreneur. She founded or served as a director of a number of companies. Sender taught at the MIT Sloan School of Management and co-founded its MIT Entrepreneurship Center. Career in business Sender founded, directed, or participated in a number of notable business ventures. She was described as a "serial entrepreneur."Albion, Mark S. ''True to Yourself: Leading a Values-Based Business''. Berrett-Koehler Publishers. 2006. p. 38/ref> Nibbles International In 1978, Sender founded Nibbles International, a seller of all-natural cheese spreads and snacks that Sender developed and that were produced and distributed by Beatrice Foods. For her work with Nibbles, she was recognized in 1987 as a runner-up for ''Inc.'' magazine's "hottest entrepreneur in America."Richman, Tom. "The Hottest Entrepreneur In America." '' Inc.''. 1 February 1987/ref> The French food company Bongrain purchased Nibbles in 1988. Be Fin ...
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Edward B
Edward is an English male name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortunate; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the Norman and Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III named his firstborn son, the future Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian peninsula since the 15th century, due to Edward, King of Portugal, whose mother was English. The Spanish/Portuguese forms of the name are Eduardo and Duarte. Other variant forms include French Édouard, Italian Edoardo and Odoardo, German, Dutch, Czech and Romanian Eduard and Scandinavian Edvard. Short forms include Ed, Eddy, Eddie, Ted, Teddy and ...
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Master Of Business Administration
A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. MBA programs in the United States typically require completing about forty to sixty semester credit hours, much higher than the thirty semester credit hours typically required for other US master's degrees that cover some of the same material. The UK-based Association of MBAs accreditation requires "the equivalent of at least 1,800 hours of learning effort", equivalent to 45 US semester credit hours or 90 European ECTS credits, the same as a standard UK master's degree. Accreditation bodies for business schools and MBA programs ensure cons ...
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Silicon Valley
Silicon Valley is a region in Northern California that is 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 area of the Santa Clara Valley. The term "Silicon Valley" refers to the area in which high-tech business has proliferated in Northern California, and it also serves as a general metonymy, metonym for California's high-tech business sector. The cities of Sunnyvale, California, Sunnyvale, Mountain View, California, Mountain View, Palo Alto, California, Palo Alto and Menlo Park, California, Menlo Park are frequently cited as the birthplace of Silicon Valley. Other major Silicon Valley cities are San Jose, California, San Jose, Santa Clara, California, Santa Clara, Redwood City, California, Redwood City and Cupertino, California, Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zürich, Switzerland, and Oslo, Norway), accor ...
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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 and Vice-Chair of the Board of Directors of the NATO Innovation Fund. Early life and education Murray studied at Merton College, Oxford, where she earned her BA degree in 1989 and MA in 1990, both in Chemistry. She moved to the United States for her graduate studies, where she worked in applied science at Harvard University. For her research Murray studied decision making surrounding renewable energy policy in China. She obtained an AM degree in 1992 and a PhD in 1996 from Harvard, both in Applied Sciences. After completing her doctorate Murray returned to the University of Oxford, where she was appointed a lecturer at the Saïd Business School. She held a fellowship at St Catherine's College, Oxford. Research and career Murray was appointed to the faculty at the MIT Sloan ...
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Patrick Joseph McGovern
Patrick Joseph McGovern Jr. (August 11, 1937 – March 19, 2014) was an American businessman, and chairman and founder of International Data Group (IDG), the company with subsidiaries in technology publishing, research, event management and venture capital. In September 2013, he was listed on the ''Forbes'' 400 list of the wealthiest Americans, with a net worth of $5.1 billion. Biography ''Forbes'' magazine wrote that in the 1950s, McGovern earned a college scholarship by designing an unbeatable tic-tac-toe program. During his sophomore year, he worked at the MIT student newspaper '' The Tech'' on the features staff. McGovern received a degree in course 7, or biology/life sciences, from MIT, in 1959. After graduating, his first job was writing for a pioneering computer magazine, Edmund C. Berkeley's '' Computers and Automation''. In 1964, McGovern founded International Data Corporation (IDC), which produced a computer-industry database and published the newsletter ''EDP Indu ...
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