The course simulates the creation of a hi-tech or a biomedical start-up company, focusing on the seed or early stages, commonly considered as the most difficult and critical stages in the life of a start-up company.
Israeli new ventures have to think and go global from day one. To emphasize and learn the international aspects of entrepreneurship, the course will be international-focused, in which MBA program students from the Technion will form entrepreneurial teams of up to 4-5 students to develop commercialization plans for global growth.
The students will start from an idea that has matured for commercialization and/or for filing of a patent application (or at least has a potential for being filed as a new patent application). These ideas could be originated by various sources such as the students themselves; or the Technion Technology Transfer unit; or a new start-up firm; or a venture in one of the Technological Incubators; or any other source approved by the course instructors.
The entrepreneurial teams in this course will have to: validate the technological opportunity, identify the need and the compelling product/service offer, validate the market need and size, identify and analyze valid business models, prepare a budget and financial projections, prepare all Fundraising Tools and finally deliver the business plan to skeptical investors, incubator managers and potential strategic partners.
In this course prominent investors from the Israeli venture capital market as well as experienced entrepreneurs or practitioners provide mentorship to the students to help in their entrepreneurial activities in order to assure best possible positive outcome. Drawing from their work experience and competence, they will guide and contribute to the students on all major aspects of their entrepreneurial commercialization plan.
The students will benefit by learning from experienced entrepreneurs, investors and practitioners, and the outcome will hopefully assist the commercializing process either towards building a new startup firm or by licensing the IP.
Israeli new ventures have to think and go global from day one. To emphasize and learn the international aspects of entrepreneurship, the course will be international-focused, in which MBA program students from the Technion will form entrepreneurial teams of up to 4-5 students to develop commercialization plans for global growth.
The students will start from an idea that has matured for commercialization and/or for filing of a patent application (or at least has a potential for being filed as a new patent application). These ideas could be originated by various sources such as the students themselves; or the Technion Technology Transfer unit; or a new start-up firm; or a venture in one of the Technological Incubators; or any other source approved by the course instructors.
The entrepreneurial teams in this course will have to: validate the technological opportunity, identify the need and the compelling product/service offer, validate the market need and size, identify and analyze valid business models, prepare a budget and financial projections, prepare all Fundraising Tools and finally deliver the business plan to skeptical investors, incubator managers and potential strategic partners.
In this course prominent investors from the Israeli venture capital market as well as experienced entrepreneurs or practitioners provide mentorship to the students to help in their entrepreneurial activities in order to assure best possible positive outcome. Drawing from their work experience and competence, they will guide and contribute to the students on all major aspects of their entrepreneurial commercialization plan.
The students will benefit by learning from experienced entrepreneurs, investors and practitioners, and the outcome will hopefully assist the commercializing process either towards building a new startup firm or by licensing the IP.
- Teacher: סתיו---רוזי אסולין
- Teacher: זאב גנאור
- Teacher: אפרת מרגולין