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The MBA DIVE Discovery, Innovation, and Ventures Enterprise The mission of the MBA DIVE is to endow students with professional knowledge and skills relevant.

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Presentation on theme: "The MBA DIVE Discovery, Innovation, and Ventures Enterprise The mission of the MBA DIVE is to endow students with professional knowledge and skills relevant."— Presentation transcript:

1 The MBA DIVE Discovery, Innovation, and Ventures Enterprise The mission of the MBA DIVE is to endow students with professional knowledge and skills relevant to starting new independent business ventures or managing business development within an existing corporation Business Development & Strategy Intrapreneurship Entrepreneurship

2 The MBA DIVE Discovery, Innovation, and Ventures Enterprise  Provide an enriched set of experiences for select students select students  Develop a platform for professional development development Own firmOwn firm New firm (placement)New firm (placement)  Offer a parallel opportunity to Bloomington’s Academies Academies KSBI and The Enterprise Experience

3 The MBA DIVE Discovery, Innovation, and Ventures Enterprise DIVE Speaker Schedule 06  January 25 th : The Indiana venture climate and resources Steve Beck, President Indiana Venture Center Bruce Kidd, Director Small Business IEDC  February 8 th : The Entrepreneur’s perspective Dave Wortman, founder Made2Manage Joe Muldoon, CEO Midwest Engineered Products Jeff Ready, IVC Entrepreneur in Residence  March 1 st : Funding the new venture Tom Hiatt, Centerfield Capital Jean Wojtowicz, Cambridge Capital  March 29 th : Life science and intrapreneurship Sessions include presentations, Q&A and networking reception

4 The MBA DIVE Discovery, Innovation, and Ventures Enterprise ’06-’07 Curriculum and Components 1. Indiana Venture Center (IVC) Projects (Fall) Work with a “client” being mentored by the IVC to assess market feasibility or offer guidance on operational issues. (Focused project) 2. Early Stage Idea Project (Spring) Contribute to a plan to commercialize a product from the medical school, IVC or ETC or complete a project on R&D management in existing company. (Broad and messy project) 3. Coaching and Professional Development Work with the enterprise directors and GCS to strengthen your professional network and portfolio

5 The MBA DIVE Discovery, Innovation, and Ventures Enterprise Who are the DIVErs? DIVErs represent the best and brightest of the Kelley Evening MBA program with a sincere interest in venture creation  Mature and experienced students  Average GMAT 620-640  70% remain in Central Indiana  65% science/engineering undergrad  Functional training in strategy, economics, accounting, finance, marketing, operations  Familiarity with IN venture community

6 The MBA DIVE Discovery, Innovation, and Ventures Enterprise Opportunities to engage… 1. Interact with the students Guest Speaking Networking Mentoring Judge panels (Nov. 17) 2. Be the project If you have a project around a new/growing venture, individual students or teams may select to work on them December-May 3. DIVE Board

7 The MBA DIVE Discovery, Innovation, and Ventures Enterprise Key Initiatives 1. The Case Competition 2. BHAV Competition 3. DIVE Venture Scholars Interested in hearing more? Contact me: tsaxton@iu.edu 317.274.3349


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