The mission of the Institute for Innovation and Entrepreneurship (the Institute) is to “Enable the next generation’s new ventures.” We accomplish this mission by educating, empowering, and equipping our students, alumni, faculty & staff, and the global UT Dallas community.
In day-to-day terms, this means utilizing world-class, academic education, industry-leading experiential training, venture mentorship & advisory support, and other resources to support the launch of new businesses.
The following are highlights of some of our programs and facilities.
• The Innovation & Entrepreneurship (I&E) academic program, which is a Top 20-ranked graduate in the nation (#19 in 2017-18, according to Entrepreneur Magazine/Princeton Review) offers a Master’s of Science in Innovation & Entrepreneurship (MSIE), an undergraduate concentration (minor) in I&E, and variety of certificate and executive education options
• Blackstone LaunchPad at UT Dallas was established with a $1M grant from the charitable foundation of the world’s largest private equity firm to create a 5,000-square foot collaborative space and programs to inspire and support student entrepreneurship.
• The Venture Development Center is a 20,000-square foot incubator that hosts student, faculty, and alumni entrepreneurs, supporting them with: state-of-the-art facilities, e.g., dry & wet labs and clean room space; mentorship; and other critical resources & connections.
• The Institute hosts marquis events, in partnership with community and UT Dallas groups. For example, our Innovate(her) program is a one-day, experiential learning opportunity for middle-school age girls, during which they learn personal finance and business basics, facilitated by women entrepreneurs/managers.
• Our marquis “entrepreneurship” event is the Big Idea Competition is an annual event held in the fall, open to both graduate and undergraduate students from every school on campus. It gives the student contestants the opportunity to develop and present their business ideas while competing for $20,000 or more in cash and scholarship prizes.
• Our marquis “innovation” event is the Emerging Technologies (or EmTech) Summit, which brings together industry leaders and startup pioneers for a two-day program featuring world-renowned keynote speakers (like Don Tapscott, NY Times best-selling author of “The Blockchain Revolution”), breakout sessions, and exhibits of innovative products. EmTech 2018 focused on blockchain, AI, and fintech.
• The UT Dallas Seed Fund provides seed investments (in the form of non-equity, based grants) in high potential, UTD-affiliated startups. Nomination and recommendation is the result of a rigorous due diligence process, led by student venture associates. Launched in 2016, the Seed Fund commits from $25,000 to $100,000 in annual investments, depending upon the need and success of the venture.
Together, through academics and hands-on experiences, we are preparing tomorrow’s entrepreneurial leaders.
Or, as we like to say, at UT Dallas: “Entrepreneurs Start Here.”