New UConn Entrepreneurship Program Provides Springboard for Engineers With Startups
Launching a startup is hard work, and when you add in the fact that 90 percent of startups fold, the prospect of jumping into a business may be daunting.
But, it doesn’t have to be, according to the University of Connecticut.
Launched in 2018, the new Master of Engineering in Global Entrepreneurship degree enables novice entrepreneurs to take classes that teach essential management skills, receive mentor-ship from veteran entrepreneurs, and work in an environment that allows for a financial safety net while enrolled in the program.
That financial safety net, made possible by CTNext, allows students to receive up to a full-tuition scholarship and a yearly stipend while in the program, providing the peace of mind needed to fully focus on growing their business.
So far, the first cohort of students to go through the program have seen a lot of growth and excitement around their companies, including one of the startups, Encapsulate LLC, which recently won a 2019 International Space Station U.S. Laboratory and Boeing “Technology in Space” Prize, worth $500,000, allowing them to conduct research with their tumor-on-a-chip technology on the International Space Station.
Emily Yale, one of the three inaugural students in the UConn Master's of Engineering in Global Entrepreneurship program, tests her autonomous robot technology on the Great Lawn at UConn. (Sean Flynn/UConn Photo)
Sound like an interesting program to you? Click this link to learn more about the degree and how to apply.