EAS5460 Engineering Entrepreneurship II and EAS5490 Engineering Entrepreneurship Lab share several common elements. Both courses fulfill the second level core requirement for the Minor or Certificate in Engineering Entrepreneurship, and both feature: - Structured venture development process - Emphasis on primary research (Look at the Fish!) - Ample opportunity to hone written and verbal communications skills - Formal investor pitch, plan, and financial model - Present to a panel of venture capitalists, entrepreneurs However, the courses have several key differences.
Academic process developing a venture based on existing technology (often Penn faculty-invented)
Accelerator in the classroom developing a venture based on a student hi-tech concept, research focus, or senior design/thesis/capstone project.
EAS5450
EAS5450 (UG, Masters) or PhD candidate or MBA candidate, AND Venture concept (https://tinyurl.com/eas5490app) AND permit
12 steps
24-steps of Disciplined Entrepreneurship
5-person teams selected based on evaluations of opportunity & interest of individual concepts
Fully flexible, chosen by founder (registered for the class) and may include team member(s) registered for the course or not.
Formal investor presentation (with slides) , 5-page Executive Summary with Appendices, Annotated Financial Model
5-min formal investor presentation (pre-recorded), DEVPOST submission, 5-page Go-To-Market Plan with Appendices, Annotated Financial Model
30-min (total) final presentation and Q&A session, networking
Demo Day: 15-min (total) live demonstration of prototype and Q&A session, networking
If you have additional questions after reviewing this comparison, contact Ashley Dailey (daileya@seas.upenn.edu) or Jeffrey Babin (jbabin@upenn.edu).
