This course provides students with an experience-based introduction into the lean start-up process. It is a real life simulation of the process that founders go through when starting a high-tech company. Students will be faced with the key issues involved in evaluating market opportunities, building a prototype, designing profitable business models, producing a solid business plan, raising capital, addressing legal considerations and developing a winning team. Students will gain the skills and tools to creatively commercialize high tech research into profitable businesses. Teams will be expected to develop credible pitches that will be made to industry professionals. Recon Instruments is a good example of a company coming out of this course (sold to Intel in 2015).
The course is fully team-based and is experiential in nature. It requires full attendance at all classes (Wednesday evenings), including the first Wednesday in January, and a willingness and ability to meet regularly within the team, outside of class.
Instructors for 2017 are Paul Cubbon and David Miller on the Sauder side, and Tamara Etmannski and Greg Fitzgerald on the APSC side. In 2017 there will be two cohorts running in parallel, with one business and one science instructor teaching each cohort. Students will be assigned to a cohort, and teams will be self-formed, within provided parameters, mixing business and science students.
This course requires students to apply in writing. There is a firm application deadline of 8:00am on Monday, November 14th, 2016 for all students. For science students, applications will be considered on a rolling basis from July until the deadline (see application form for details). For Sauder students, applications will be accepted between the early Fall Track Information Session and the deadline.
If you are interested in applying/registering for the course, please download and complete the Application/Student Information Form from the link below and submit the form to email@example.com for Sauder students, and directly to firstname.lastname@example.org for science students. Students are not permitted to self-register in this course.
Application Deadline: Monday, November 14th, 2016, 8:00am
NO late applications will be accepted! All acceptance decisions will be announced shortly after the deadline! Students seeking additional information are encouraged to talk to second year students who have taken the course. First year MBA students will receive more information on this course through the Track Information Session in early Fall and the IE track mini-module in Period 2. Engineering and science students are invited to attend an information session in the Fall. Please contact Tamara Etmannski for details.
Please note there will be a mandatory pre-course meeting and team formation event on Wednesday November 30th, 2016 from 6:00-8:00pm for all students admitted to the course.
Finally, any other inquiries can be directed to email@example.com for Sauder students, or Tamara Etmannski firstname.lastname@example.org for APSC and science students.