Enterprise Team: Entrepreneurial Enterprise
Industry Partner: TBA
Principle Advisor: Paul A. Nelson
Disciplines Needed: All
Goals & Objectives: The Entrepreneurial Enterprise is a company run by MTU students with faculty and staff as mentors. Students in their sophomore through senior years from all disciplines work in the Entrepreneurial Enterprise to identify promising applications of specific technologies, research the market potential for those applications, perform developmental work to enhance those technologies for particular applications, and develop plans for commercialization.
The technologies used will include both “on the shelf� technologies owned by MTU, and technologies developed by the students themselves. Learning objectives include developing the ability to think creatively, to work effectively in a multi-disciplinary group, to perform a search for assessing the distinctive features of a technology, to identify possible commercial applications of a technology, and to formulate a plan for marketing a technology.
Hands-on work modifying products and developing prototypes is also involved. Over time, it is hoped that the Entrepreneurial Enterprise will spawn several new technology based businesses in Michigan.
