For recent graduates of engineering, business, science and design, Lehigh’s Professional Master’s in Technical Entrepreneurship provides training in the art and practice of creating new companies while bringing revolutionary products and services to market. The one-year, in-residence program draws upon Lehigh’s deep-rooted and powerful ecosystem of programs dedicated to the teaching of business and technology innovation. Simply put, Lehigh teaches and nurtures innovation like no other university in the world.
In addition to the M.Eng degree program, course offerings at the graduate level are comprehensive, and packaged mainly as flexible Short Course Modules that can fit around the curriculum of any graduate program on campus.
VentureSeries modules include: developing business plans; intellectual property; entrepreneurial marketing; assessing market potential and valuation; financing seed stage companies; venture capital; pro formas; IPOs and exit strategies; new venture organization and management; and creating production and delivery infrastructure.
Note in addition that all the 300-Level Courses described in the undergrad list are also open to graduate students.
New offerings in 2011-12 and open to graduate students in any discipline include:
Ever thought about starting a business but wonder where to begin? This course brings to light the “idea stage” of new venture creation where discovery plants the seed of a future enterprise.
Open to any graduate student in any discipline (2 credits) The road from lab to commercialization is a long, zigzag path fraught with huge risk and uncertainty. It can lead somewhere – or nowhere. How do you identify a promising technology and then attract, defend, and deploy resources to create a market? How do you [...]
This course is first of a two part sequence that focuses on the initial steps necessary to design and build a high impact business plan for the startup company or new enterprise within an existing firm.
This course is the second of a two part sequence that focuses on the final steps necessary to complete the business plan. This phase concentrates on designing the appropriate operational framework and business processes, including technology and infrastructure, which are required to successfully launch the new enterprise.
This interactive seminar focuses on understanding the true meaning of entrepreneurship. The new venture opportunity is profiled from the perspective of the individual entrepreneur who is starting a business and embarking on a new career path involving high risk and reward.
The focal point of any business plan is identifying and understanding the target customer that will be served. The product/service offering must have strong buyer appeal and capture immediate attention in the marketplace.
New technologies create new markets and new venture possibilities. Their discovery and success rate, along with the ability of an enterprise to leverage these assets in markets, depends on how the firm views and manages its investment in intellectual property.
New ventures must position themselves for long term growth and market development. Entrepreneurs create enterprises, define their organizations, and build business models based on changes in technology, government regulation, demographics, and shifts in other exogenous variables.
This course provides an overview of the internal capabilities and the process and technology platform required to fully operationalize the business plan.
Managing a new enterprise presents unique and difficult challenges for its leadership. Expanding workloads and the increased complexity of tasks resulting from the rapid and sustained growth of the business create the need for a smooth transition from entrepreneurial style management to professional management.