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Women's Entrepreneurship Program

12/10/2010

The University of Akron College of Business Administration and Austen BioInnovation Institute in Akron Present the Women's Entrepreneurship Program

Women's Entrepreneurship ProgramABIA and its founding member The University of Akron (UA) are launching a new Women’s Entrepreneurship Program (WEP) that shapes and builds the strengths and capabilities of women entrepreneurs. The program, which brings together individuals with technology expertise in the biomedical and alternative energy sectors and master of business administration (MBA) candidates, aims to increase the number of women entrepreneurs in the biomedical and alternative energy sectors, and to facilitate the commercialization of technology projects in Akron, Ohio.  There is no cost for this program - as it is underwritten by the ABIA.  

Who:

This program is for individuals with technology expertise in the biomedical and alternative energy sectors, for 2nd year MBA students.  

What:

The Women’s Entrepreneurship Program will:

  • Increase the number of women entrepreneurs in the biomedical and alternative energy sectors
  • Facilitate the commercialization of technology projects, which will increase the number of jobs in Akron, Ohio

The unique features of this program include the following:

  • Teams – Teams will be comprised of two individuals –a student specializing in technology and an MBA candidate– both of whom will use their unique talents to develop a business plan that can be commercialized within 18-24 months.
  • Mentoring – Each fellow will be assigned at least one mentor, and will receive guidance throughout each step of the commercialization process by an Industry Advisory Committee composed of successful regional entrepreneurs and industry professionals. These interactions will increase the likelihood of successful commercialization of the team’s technology, as well as provide access to valuable industry networks.
  • Business plan development – Teams will develop a clearly defined business plan, which will be submitted into highly competitive business plan competitions nationwide.
  • Networking – Each fellow will attend a workshop focused on the use of social media (e.g., Facebook, Twitter, LinkedIn, blogs, YouTube, etc.) to start and grow a business. Local entrepreneurs who have used these online tools to launch their businesses will also discuss their experiences, as an even further look into online networking for business.

Where:

The University of Akron College of Business Administration

When:

The program will begin January 24, 2011 in the College of Business Administration.

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