MBA Experiential Learning Labs

A number of for credit Entrepreneurial Experiential Learning Labs are available for 2nd year students. The Labs are designed to give students an opportunity to apply classroom learning and enhance the education process by working in a real world entrepreneurial environment. The experience gives students the opportunity to jump start their own venture, acquire a business or work and network within the Houston entrepreneurial and investment community.   An overview of the new Lab courses is provided below.    Students wishing to complete the Entrepreneurship concentration will be required to participate in at least one Lab course over the course of their studies.

Students participating in a Lab will be expected to work 15 hours per week for the sponsoring organization or project. Work is expected to be onsite at the organization, at least 10 hours a week during regular business hours.  We therefore recommend concentrating classes in the evenings or on two days of the week, so as to leave free days for onsite Lab participation. Due to the time demands, Lab courses are only available to 2nd year students.

Students will receive 3 hours of credit for two terms of participation and a grade of either Satisfactory or Unsatisfactory. Students who do not put in the required time, effort or complete the required deliverables will receive an Unsatisfactory grade will not receive credit.  Feedback and evaluation will be provided by the sponsoring organization or advising professor. In addition to the work with the sponsoring organization or project, at the end of each term students will be required to write a summary report of the experience.

Students will be required to sign a document confirming their ability and commitment to meet the time and expectations requirement.


Application Process

 

Complete and submit the application for the specific E-Lab of your choice, attach a copy of your resume in a PDF format through the online application system (button below).  For some Labs, an interview with a representative from the sponsoring organization or a faculty member will be required

 Contact Al Danto (aldanto@rice.edu) with any questions.

Apply


Spring 2017 Experiential Learning Labs

 

The following is a list of currently available Experiential Learning Labs available for Spring 2017.  The Labs are designed to give students an opportunity to apply classroom learning and enhance the education process by working in a real world entrepreneurial environment or developing their own opportunity. The experience also gives students the opportunity to network within the Houston entrepreneurial and investment community. An overview of the currently available 2016 – 2107 Labs is provided below.

Participating students are expected to work 12 – 15 hours per week with the sponsoring company or on their projects.  Work is expected to be onsite at the organization and at least 10 hours a week during regular business hours. We therefore recommend concentrating classes in the evenings or on two days of the week, so as to leave free days for onsite participation. Due to the time demands, the courses are only available to 2nd year students.

Students will receive up to 3.0 hours of credit for two terms of participation depending upon the actual amount of time and effort put forth and a grade of either Satisfactory or Unsatisfactory. Students receiving an Unsatisfactory grade will not receive credit. Feedback and evaluation will be provided by the sponsoring organization or advising professor. In addition to the work with the sponsoring organization or project, at the end of each term students will be required to write a summary report of the experience and make a presentation to advisors and other Lab participants.

Students will be required to sign a document confirming their ability and commitment to meet the time and expectations requirement.

Venture Capital Lab;  The Venture Capital E-Lab gives students the opportunity to gain experience working with early stage investors including angel, venture capital, or early stage debt investors.   The program provides students with the opportunity to work directly with a venture related organization and often their portfolio investments.

Current Venture Labs are available with the Houston Angel Network, Vesalius Ventures and E-Technology Research.

1.5 – 3.0 Credit Hours

Spring Terms 3 & 4

Healthcare Entrepreneurship Lab:  The Healthcare Lab allows students to take on the role of CEO or management consultant in a startup spinning out of the hospitals located in the Texas Medical Center. Startups participating in the Lab are ventures conceived by the Tech Transfer and Innovation arms of the hospitals, and are based on technologies or solutions conceived by clinicians to solve real existing problems in clinical care. Opportunity exists for successful participants to continue in the role of CEO or other C-level management at the culmination of the Lab experience. Current Healthcare E-Lab descriptions available HERE.

1.5 – 3.0 Credit Hours

Spring Terms 3 & 4

Enterprise Acquisition Lab:  The Enterprise Acquisition Lab gives students the opportunity to follow the lessons and processes required to acquire an existing business.   Students will develop a selection criteria for prospective target companies, network through private equity firms, business brokers, online channels and other resources to connect with sellers.   Once connected with sellers, students will conduct preliminary due diligence, perform a business valuation, develop potential deal structures and will have the opportunity to move forward on any potential opportunities on their own.

Students attend a check-in class every other week to present updates and receive feedback

3.0 Credit Hours

Spring Terms 3 & 4

New Enterprise:  Students working on their own startup have the opportunity to follow the processes learned in the New Enterprise course.  Students will follow the disciplined start up process and develop their business opportunity with a goal of launching the company and participating in an investor pitch competition.

Students attend a check-in class every other week to present updates and receive feedback

3.0 Credit Hours

Spring Terms 3 & 4

Vetbizbattle:  The Vetbizbattle E-Lab gives students the opportunity to work with a Veteran entrepreneur to help prepare their business plan and investor pitch for the Vetbizbattle competition.   It also gives students the potential to continue with the company after the competition.

1.5 Credit Hours

Spring Term 3

Energy:  The Energy E-Lab gives students an opporunity to work on projects for energy-related startups.  The Lab will be mentored by Carl Sjternfeld for Shell Technology Ventures and Kirk Coburn of Surge Ventures.  Click HERE for a detailed description of the opportunities available and the application instructions.

3.0 Credit Hours

Spring Terms 3 & 4

We are a collaborative effort of students, faculty, mentors and the Houston entrepreneurship and innovation community.
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