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Columbia Business School Announces First Participants in Innovation and Entrepreneurship Program

The Eugene Lang Entrepreneurship Center at Columbia Business School (CBS) last week announced 13 projects that have been selected for its first Innovation and Entrepreneurship at Columbia (IE@Columbia) program. Participating teams will take part in a series of sessions taught by Columbia University faculty designed to help them develop fundable, high-potential businesses.

The 13 selected teams include a range of business ideas, from an iPad game to teach kids about plants and animals to an online peer-to-peer lending platform for refinancing credit card debt to a new treatment for traumatic brain injuries. A total of 102 groups applied last November when the IE@Columbia program launched. Twenty-six semi-finalist teams were selected to present their ideas to the selection committee, which chose the final participant teams. The program was open to all Columbia students, faculty and staff members.

Beginning in February, the chosen teams will attend 12 sessions designed to help them develop their ideas into fundable, high-potential businesses. Topics covered in these sessions will include the entrepreneurial process, the market, the customer, financial forecasting, product design, selling, legal issues, intellectual property, entrepreneurial finance, negotiations, operations, leadership and how to pitch to investors.

The 13 selected teams will pay nothing for the program, which will be taught by faculty members from Columbia Business, Law and Engineering Schools. Teams will pitch their business proposals to angel investors and venture capitalists by the end of the semester.

Learn more about the IE@Columbia program.

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Posted in: MBA News

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