Description
During this such a brief outline concerning programmatic highlights from university of maryland for princeton review entrepreneurship.
Programmatic Highlights from University of Maryland for
Princeton Review/Entrepreneurship Magazine’s
2013 Top Entrepreneurship Colleges Ranking Survey
http://www.princetonreview.com/top-entrepreneurial-press-release.aspxhttp://www.princetonreview.com/top-entrepreneurial-colleges.aspx
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Distinguishing Aspects of UMD’s Entrepreneurship Programs ..................................................... 2
Non-Traditional Aspects of the Entrepreneurship Programs at UMD ............................................ 4
Social Entrepreneurship at UMD .................................................................................................... 8
Clubs/Organizations/Mentorship Opportunities for Entrepreneurship Students ........................... 11
Entrepreneurship/Innovation Competitions ................................................................................... 16
UMD Undergraduate Entrepreneurship Courses ........................................................................... 19
UMD Graduate Level Entrepreneurship Courses .......................................................................... 21
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In addition to having an entrepreneurship center based out of its business school and an
entrepreneurship institute based out of its engineering school, the University of Maryland
(UMD) has additionally just launched the Academy for Innovation and Entrepreneurship that
reports directly to the President and the Provost with a campus-wide purview and mission. Led
by a newly appointed Associate Vice President for Innovation and Entrepreneurship, the
Academy is charged with infusing the University with a culture of innovation and
entrepreneurship across all colleges. The Academy is a signature initiative to support both the
curricular and experiential education of all students so that they are inspired and empowered to
translate creative ideas into enterprising solutions that solve problems whether economic,
societal, technological, or cultural, and thereby create value. UMD already had an incredible
foundation of entrepreneurial courses and programs built over 25 years primarily out of the
business and engineering schools, and the Academy can now build on that foundation to grow
existing, successful programs and to launch new courses and initiatives to address new needs and
opportunities. In summary, the creation of the Academy underscores the continual and
distinguishing commitment this University has to entrepreneurship and innovation, which is the
highest strategic priority of the President, Provost, and the University.
UMD also distinguishes itself every spring when UMD celebrates “30 Days of
enTERPreneurship” (http://www.umd.edu/30Days/), a whole month dedicated to
entrepreneurship programs, events, and competitions. While most schools have a business plan
and/or entrepreneurship competition, UMD offers eight different competitions that award more
than a quarter million dollars for the best ideas and innovations in technology, business,
healthcare, social value, and clean energy. Some of these competitions include:
• Cupid's Cup (http://youtu.be/mHilwDpCde0) - UMD's nationwide business competition
sponsored and hosted by Kevin Plank, founder and CEO of Under Armour. Cupid's Cup
assembles some of the country's top student entrepreneurs to compete for a
transformative prize package including $70,000 in cash prizes.
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• ACC Clean Energy Challenge
(http://www.mtech.umd.edu/news/press_releases/doe_clean_energy_challenge.html) -
UMD was selected by the Department of Energy as one of six universities in the country
to run a nationwide clean energy business plan competition for students. The ACC
Clean Energy Challenge offers over $100,000 in prizes and sends the winner to
Washington, DC for the grand national finals and meetings with the Secretary of Energy
and other senior government officials.
• Do Good Challenge (http://www.youtube.com/watch?v=QqfxJgGfRsI) The Do Good
Challenge is a seven-week competition that challenges students to make the greatest
social impact they can for a cause they care about. Terps team up to volunteer, fundraise,
promote awareness, start or advance a social enterprise, or engage in other activities that
advance their favorite causes. Past celebrity hosts include Kevin Bacon, Fran Drescher,
and Carl Lewis.
Another unique aspect of UMD's entrepreneurial culture is Innovation Fridays. Innovation
Fridays builds on five years of Pitch Dingman
(http://www.rhsmith.umd.edu/dingman/students/pitch/ ) and five years of Entrepreneur Office
Hours (http://www.eoh.umd.edu/ ), two entrepreneurial advising/mentoring programs that have
helped thousands of budding student, faculty, and regional entrepreneurs. We have linked those
signature programs together to ensure that anyone on campus seeking help with making their
ideas a reality can get assistance each and every Friday at multiple locations across campus.
Another distinguishing feature of The University of Maryland’s entrepreneurship programs is
that the Schools of Business and Engineering collaborate to provide students with campus-wide
entrepreneurial activities and resources needed to launch their ventures. The Robert H. Smith
School of Business is home to the Dingman Center for Entrepreneurship, one of the first and
leading entrepreneurial centers in the nation. Through a wide-ranging set of programs including
Pitch Dingman, Capital Access Network, Business Competitions, Israel Technology
Commercialization Fellowship, Jumpstart, Legal Office Hours, and our Portfolio/Mentor
Programs, the Dingman Center supports an active and involved regional entrepreneurial
community.
The Maryland Technology Enterprise Institute (Mtech) (James H. Clark School of Engineering)
provides educational workshops for the undergraduate and graduate student bodies, hosts
competitions helping students validate their business hypotheses and provides a series of
resources from business ideation through company formation and operation. Student
entrepreneurs can form teams and meet with mentors at the Technology Start-up Boot Camp,
learn from their peers as they develop prototypes in the student managed Start-up Shell student
incubator, enter and validate their business ideas in the Business Model Challenge and seek the
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guidance of experienced entrepreneurs through Innovation Friday office hours. The Terp Start-
up Laboratory provides co-working space for students with established companies. If their
ventures are successful, companies may apply for competitive admission to the Technology
Advancement Program, the University of Maryland’s business incubator.
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The University of Maryland is a campus of “firsts” in that it is often the first to try new
approaches to entrepreneurship education. The entrepreneurship program is continually evolving
to provide students with the skills that they need to succeed in our rapidly changing world.
Special and non-traditional aspects of entrepreneurship are being developed and incorporated
into the curriculum. Examples include:
• Massive Open Online Courses (MOOCs). This spring, UMD offered one of the first
entrepreneurship MOOCs called “Developing Innovative Ideas for New Companies: The
First Step in Entrepreneurship” (https://www.coursera.org/course/innovativeideas). The
course had over 80,000 enrollments from across the world.
• The newly formed Academy for Innovation and Entrepreneurship is spearheading new
initiatives in areas like:
o "How to Develop Fearless Ideas" (Innovation): Teaching Diverse Teams
Innovation Thinking and the Innovation Process. Emphasis on developing
innovators, not necessarily on developing innovations per se. Collaborative
student teams with diverse majors, skills, experiences, cultures, and viewpoints.
Discovery-based learning, seeking out and learning from lots of real-world
experts, listening & empathy. Quickly and iteratively experimenting with a lot of
different ideas and angles. Fail often and fail quickly and learn from failures to
reach innovative solutions. Borrows from IDEO and Stanford’s d.school
o "How to Launch Your Fearless Ideas" (Entrepreneurship): Lean Startup,
discovery-based methodology that tailors Innovation Thinking practices to
entrepreneurship and that is being rapidly adopted in the startup community.
Physically getting out of the classroom and off campus to really explore and
understand real-world problems and pain points in the market and in society.
Combining these real-world learnings with entrepreneurship tools like the
Business Model Canvas that may yield startup opportunities. Lean Startup was the
Harvard Business Review Cover Story (May 2013)
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The University of Maryland continues to build upon its rich entrepreneurial history by striving to
provide every undergraduate student with exposure to entrepreneurship, regardless of their
major. To meet this ambitious goal, the University of Maryland fosters entrepreneurship through
both undergraduate curriculum based-learning and experiential programs across multiple campus
departments and colleges, including engineering, business, agriculture, journalism, public health,
public policy, chemistry, computer science and undergraduate studies.
Students may pursue entrepreneurship through traditional academic paths including a
Management major with a concentration in entrepreneurship offered through the RH Smith
School of Business, or a technology entrepreneurship minor, offered through the School of
Engineering. The University of Maryland offers 43 traditional undergraduate entrepreneurship
classes with 39% residing in departments outside of the schools of business and engineering. At
the graduate level, the University of Maryland offers over 22 traditional graduate
entrepreneurship classes with 30% residing in departments outside of the school of business In
addition to the traditional topics associated with entrepreneurship that are defined in question 24,
the University of Maryland offers eight entrepreneurship classes covering non-traditional topics
including innovation and design thinking, entrepreneurial branding and identity and non-
traditional entrepreneurial opportunity analysis.
Traditional undergraduate entrepreneurship classes are offered through 10 different programs
throughout the campus. For example, freshman and sophomore students from multiple majors
learn to re-think the traditional business model, focusing on corporate values and the triple
bottom line, as they explore sustainability and social entrepreneurship in a College Park Scholars
Colloquium. Upper level kinesiology students reinforce their learning on changes in
physiological systems by designing a new product or service and writing a business plan to
support their idea. Agricultural students apply the principles of entrepreneurship and
sustainability as it relates to the operation and management of family-run farms.
In addition to the traditional topics associated with entrepreneurship today’s budding
entrepreneurs need to acquire additional skills in innovation and design thinking, entrepreneurial
branding and identity and non-traditional entrepreneurial opportunity analysis. The University of
Maryland offers 8 courses related to these topics through the Colleges of Journalism and
Agriculture and the School of Architecture. Through the journalism department, entrepreneurs
learn strategies for defining their brand using storytelling techniques and technology to convey
information. Students studying architecture use sustainability principles and design thinking
skills to create development plans addressing urban growth and sprawl and pitch their ideas to
planning and zoning boards. Agriculture students apply non-traditional opportunity analysis
strategies to address sustainability and farm ownership challenges.
Entrepreneurship experiences are also available to students of all majors through many of the 26
campus living-learning programs.
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• The Entrepreneurship and Innovation Honors Program (www.eip.umd.edu) for
freshman and sophomores and the Hinman CEOs program, for upperclassmen, provide a
unique four year immersive entrepreneurship experience. The Hinman CEO program
was the first-of-kind living learning program that was featured on CNN when it launched
in the 2000-2001 academic year. The program has now been replicated around the
country two dozen times. These programs foster an entrepreneurial spirit (students often
create new ventures while enrolled), create a sense of community and cooperation, and
develop ethical leaders.
• College Park Scholars (www.scholars.umd.edu/) consists of 11 different
interdisciplinary communities promoting critical and integrative thinking through
practical experiences such as internships and community service. By participating in
these experiences, students work collaboratively alongside business and community
leaders to define and solve real-world problems. Within the College Park Scholars Life
Sciences living-learning program, 25% of the 90 sophomore students completed their
internship in a small business or startup. Similarly over 23% of the 60 sophomores in the
Science and Global Change program carried out their internships in small business
settings.
• The Gemstone Program (www.gemstone.umd.edu/) at the University of Maryland is a
unique multidisciplinary four-year research program for selected undergraduate honors
students of all majors. Under guidance of faculty mentors, teams of students design,
direct and conduct significant research, often but not exclusively exploring the
interdependence of science and technology with society. Upon graduation, several teams
have created new ventures to continue developing their technologies.
• In the Beyond the Classroom Living Learning Program
(www.beyondtheclassroom.umd.edu/) junior/senior students explore social
entrepreneurship issues that matter to them as they prepare for leadership roles in the
nonprofit sector. Through internships and interactions with activists with visionary ideas,
Beyond the Classroom prepares future leaders to solve the world’s greatest civic issues.
In addition to providing students with entrepreneurship classes, the University of Maryland
recognizes the importance of providing the skill sets that students need to start and grow their
businesses. This year, the University of Maryland revamped its business plan competition,
modeling it after the highly successful NSF Innovation Corps (I-corps) program. Teams
participated in a four week mentoring workshop and utilized the business model canvas
framework to develop a hypothesis, talk to a minimum of 30 customers and pivot their ideas
based upon the feedback obtained during their customer interviews.
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The University of Maryland also provides aspiring entrepreneurs with the resources and
infrastructure necessary to launch their new ventures. Students may participate in up to 14
different business plan/product development competitions to help them refine their business
ideas, develop their prototypes and compete for over $400,000 in prize money to fund their
potential ventures. The Schools of Business and Engineering offer weekly office hours
providing aspiring entrepreneurs with one-on-one access to seasoned entrepreneurial mentors.
Each fall, the School of Engineering hosts a campus-wide Technology Startup Boot camp where
students can pitch ideas for their new ventures, connect with other students to form teams, garner
feedback on their minimal viable products and participate in focused discussions on customer
discovery, product market fit and intellectual property. This spring, the University of Maryland
launched the Startup Shell, its first student incubator, an entrepreneurial venture created by three
Computer Science students. The Startup Shell is entirely student-managed and provides co-
working space, tools and equipment for prototype development and access to a mentoring
network.
The University of Maryland Entrepreneurship Programs realize that to excel, students must
experience entrepreneurship outside the classroom. Undergraduate students gain real world
experience working with and visiting leading companies. The TDF Internship Program places
students in a venture capital firm giving them a unique opportunity to practice entrepreneurship
alongside active venture capitalists and leader technology entrepreneurs. The Private Equity and
Venture Capital Clinic (PEVCC) is a program that provides selected students with the
opportunity to serve as Analysts at an actual Private Equity Fund with over $100M under
management, under the supervision of Professional Fund managers. The SAIC Practicum is an
entrepreneurial consulting engagement in cooperation between Mtech and SAIC consultants.
Projects are designed to provide real-life consulting experiences to entrepreneurship students and
address emerging technology and business challenges.
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Business ethics and the values of social entrepreneurship are instilled in entrepreneurship
programming, coursework, mentoring, and funding at the University of Maryland.
Business ethics an integral to the University’s entrepreneurship programs, beginning with the
competitive interview process for Mtech’s award winning living –learning communities. For
example, entry into the Hinman CEO’s Program, the first residential entrepreneurship program
in the country, is based on an interview process that highly values ethical judgment. All students
are expected to behave in an ethical manner in all business, academic, and personal interactions.
Ethics are reinforced through class activities, group work, and fair evaluation of team members.
Courses with a focus on business ethics are offered.
In the Management major with a concentration in entrepreneurship, one of the major
requirements is the BMGT 496 Business Ethics and Society course, which emphasizes a strategic
approach by business to the management of its external environment. Students engage in a study
of the standards of business conduct, morals and values as well as the role of business in society
with consideration of the sometimes conflicting interests of and claims on the firm and its
objectives.
The Center for Social Value Creation (CSVC) is dedicated to creating a better world through
business principles. Social Entrepreneurship is at the heart of this mission. Whether a student
desires to start their own nonprofit or for-profit organization, or create social and environmental
changes from within a company, Smith's Center for Social Value Creation (CSVC) will equip
students to tackle today's complex global issues and create innovative business solutions. CSVC
offers real-world field experience, cutting-edge coursework and research, and targeted career
planning to connect you with opportunities to effect change and resources to put your ideas in
motion. CSVC’s goal is to develop leaders with a deep sense of individual responsibility and the
knowledge to use business as a vehicle for positive social and environmental change. In 2008,
the University of Maryland's Robert H. Smith School of Business announced it was selected as
an inaugural "Changemaker Campus" in partnership with Ashoka, a non-profit network of social
entrepreneurs. www.rhsmith.umd.edu/svc
Net Impact club members gain first-hand experience affecting positive change throughout
organizations, in the areas of corporate social responsibility, social entrepreneurship, nonprofit
management, international development and environmental sustainability. Through guest
lecturers, student discussions, interactive workshops, and community volunteering, members
explore new business models and methods to exert a positive impact upon our environment. The
Smith School hosts a graduate Net Impact Chapter and an undergraduate Net Impact Chapter
(UG Chapter launched this year – January 2013). Both chapters received Gold status this year.
According to Net Impact, this means "These chapters go above and beyond minimum chapter
requirements to create opportunities for their members to develop business skills, meet folks who
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can help members define career paths, and build a community of support to change our approach
to social and environmental issues." www.rhsmith.umd.edu/organizations/net-impact
Academically, students can participate in social entrepreneurship fellowships, internships, and
courses. The Social Innovation Fellows Program teaches students to see the risks and
recognize the opportunities that exist beyond traditional business, and to apply their business
skills and creativity to create real solutions. The Social Innovation Fellows is a one-year
program that challenges students to re-think products, services and business models that not only
generate business value, but solve some of the world's greatest problems. Fellows enroll in two
courses: “Transformative Social Change” course and “Social Innovation Practicum” course.
Throughout the program, students interact with award-winning change leaders and develop a
blueprint for an innovative solution to an issue they value. The program also provides hands-on
experience working with renowned partner organizations such as Agora Partnerships, Grassroots
Business Fund, IBM and more on current issues.https://unet.rhsmith.umd.edu/undergrad/Portal/PortalHub.nsf/ID/socialinnovation
The Entrepreneurship and Innovation Program (EIP) provides University of Maryland Honors
College freshmen and sophomores with an interdisciplinary, living and learning education to
help build the entrepreneurial mindsets, skill sets, and relationships invaluable to developing
innovative, impactful solutions to today's problems. The capstone for this two-year living-
learning program is the social entrepreneurship course. The “Creating Enterprise with Social
Impact” course addresses the global necessity to develop and implement solutions to critical
social and environmental concerns in ways that are both technologically viable and economically
sustainable. www.eip.umd.edu
The Smith School of Business offers the Social Enterprise: Changing the World through
Innovation and Transformative Action course. This course looks at the history and theory of
social change, reviews the skills, strategies, and ideas of effective change agents and gives
students the tools to create a blueprint for their ideas for social transformation.
The Impact Seed Fund offers grants totaling $25,000 annually to students in the University's
Hinman CEOs, Hillman Entrepreneurs and Entrepreneurship and Innovation Program initiatives
who present business plans for new companies that benefit society. While plans that address the
environment, education, healthcare, and other underserved markets and communities often
present the strongest benefit to society with social responsibility lying at the core of the business
plan, any plan that has considered and offered some kind of positive social benefit, or benefits
some targeted disadvantaged community as an element of the business idea is eligible.
The No Limits Social Impact Pitch Competition takes center stage at the University of Maryland
Social Enterprise Symposium, hosted annually by the Center for Social Value Creation at the
Robert H. Smith School of Business. "No Limits" offers a platform for UMD’s aspiring social
entrepreneurs and diverse student population passionate about social value creation and creating
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a better world through business principles. In the months leading up to the "No Limits"
competition students are offered business mentorship, participate in workshops, and receive
feedback on presentations skills. Finalists pitch their ideas before a panel of judges and a live
audience. "No Limits" is an official University of Maryland Fearless Ideas event led by the
Center for Social Value Creation in partnership with the Center for Philanthropy and Nonprofit
Leadership, and with support from the Dingman Center for Entrepreneurship.
The Center for Philanthropy and Nonprofit Leadership in Maryland’s School of Public Policy
is focused on creating a new culture of philanthropy and a new generation of leaders who are
making an impact locally and around the world by further promoting the ideals of doing well
while “doing good.” Courses offered in the school, to both undergraduate and graduate students,
discuss maintaining strong ethics and using business principles to make a social impact. All
students, undergraduate and graduate, also are exposed to social impact through the Do Good
Challenge, a 7 week philanthropy competition that encourages students to “do good” for a cause
they care about, being as creative as possible. The winners of the last two challenges were
students that formed new nonprofit organizations to better serve their causes
In Spring of 2013, a new course was launched “Writing for Social Entrepreneurship”
(ENGL398B) with two full sections. The goal of “Writing for Social Entrepreneurship” is to help
students develop the professional writing skills they will need as a successful social entrepreneur
or a team member in a social enterprise. Writing in the class includes a major writing project of
the students’ choice, such as a business plan, grant proposal, concept paper for a new nonprofit
or business, internal project proposal, recommendations report, manual, policy recommendation
report, sales proposal, direct mail or fundraising campaign package. The project may address a
social and/or environmental change interest of their own.
In partnership with the Center for Social Value Creation, Education Abroad and the Honors
College, UMD launched the Social Entrepreneur Corps (SEC). By generating and supporting
community-based, self-sustaining small businesses, SEC has proven remarkably effective in
combating third-world poverty. This unique eight-week study and internship program enables
UMD students to learn the basic principles of social entrepreneurship through lectures,
discussions, and hands-on, practical experience as they work side-by-side with SEC
professionals developing micro-consignment businesses in Nicaragua.
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The University of Maryland offers 16 different business plan competitions, encompassing
business concepts, prototype development and revenue generating businesses. In addition to
competitions for University of Maryland students, the University sponsors competitions open to
students from the region and the nation.
National Competitions:
(1) Cupid’s Cup, hosted by the R.H. Smith School of Business, is a nationwide business
competition for undergraduate and graduate student businesses that have been in operation
for less than five years and demonstrate revenues in excess of $5000. Cash Prizes total:
$70,000. www.cupidscup.com
Regional Competitions:
(2) The ACC Clean Energy Challenge, hosted by the Maryland Technology Enterprise
Institute is sponsored by the Department of Energy. Student teams from the ACC Schools
(University of Maryland, Clemson, Duke, Georgia Tech, North Carolina State University,
University of North Carolina, University of Miami, University of Virginia, Virginia Tech
and Wake Forest) as well as at-large entries from the southeast US, compete for over
$100,000 in prizes to help commercialize their clean energy technologies.
www.accnrg.com
International Competitions:
(3) The China Business Plan Competition, hosted by the R.H. Smith School of Business,
awards business ideas that are based in China or leverages Chinese resources. The
University of Maryland and China’s Peking University students compete for cash prizes
totaling $10,000. """#$%&'()%#*'+#,+*-+(67'36-&)*+,6)&-89:8
University of Maryland Competitions:
(4) The UM Business Model Challenge, hosted by the Maryland Technology Enterprise
Institute, promotes the commercialization of innovative ideas and University-created
technologies by focusing on identifying and precisely defining the assumptions of the new
venture, testing those assumptions in the field, and then changing (pivoting) based on the
lessons learned Competition is open to students, faculty and alumni -. Cash prizes total
$43,000. www.bmc.umd.edu
(5) The Do Good Challenge, hosted by the School of Public Policy’s Center for Philanthropy
and Non-Profit Leadership, is a seven week student contest for social entrepreneurship that
challenges students to make the greatest social impact they can for a cause they care about.
Students team up to volunteer, fundraise, promote awareness, start or advance a social
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enterprise, or engage in other activities that advance their favorite causes. Cash prizes total
$8,000.http://www.publicpolicy.umd.edu/do-good-challenge/about
(6) Be the Solution Business Plan Competition, hosted by the College of Behavioral and
Social Sciences, encourages students in the social and behavioral sciences to create
business models demonstrating social value and impact on topics related to global
sustainability, understanding societies and cultures, and improving the human condition.
Cash prizes total $4500.http://www.bsos.umd.edu/news-and-events/business-plan-
competition.aspx
(7) No Limits Social Pitch Competition, hosted by the Center for Social Value Creation, seeks
to harness the ideas of Maryland students to start businesses that change the world. Its goal
is to provide an integrative experience for participants, built out of earlier curricular or
extracurricular development activities at Maryland, and to ultimately prepare students for
opportunities in social entrepreneurship. Pitches can include nonprofit, for-profit, or
blended model business plans. Cash Prizes total $6500.
www.rhsmith.umd.edu/ses/nolimits.aspx
(8) The Pitch Dingman Competition, hosted by the R.H. Smith School of Business, offers
students the opportunity to pitch their business ideas or already launched business to
Entrepreneurs in Residence for feedback and to compete for funding. Cash prizes total
$11,000. www.rhsmith.umd.edu/dingman/students/pitch
(9) The Code for Community Challenge, hosted by the College of Architecture, is a product
development competition providing undergraduate students the opportunity to create a
mobile or web based app that meets a community need. No cash prizes are awarded.http://www.arch.umd.edu/planning/cfc/index.html
(10) The FIA seed competition, hosted by the University of Maryland Future Information
Alliance, encourages interdisciplinary teams consisting of student members from 2 or more
University of Maryland departments to engage in projects leading to innovative solutions to
key information related challenges. Cash prizes total $100,000.
www.fia.umd.edu/seedgrants/
(11) The Computer Science Fostering Innovation, Success, and Humanity [F.I.S.H] Bowl,is a
tech entrepreneurship showcase and competition. The F.I.S.H. Bowl aims to foster the
innovation, ingenuity, and entrepreneurship of undergraduate and graduate students at the
University of Maryland. This competition strives to promote and support tech
ventures/ideas that solve problems facing humankind, ranging from seemingly mundane to
the very consequential. Cash Prizes total $10,000.
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(12) In the Computer Science Daemon Dash Hackathon, teams of four students design and
develop a piece of software around a theme given to them at the start of the Daemon Dash.
The teams have twenty four hours to work together to come up with a prototype to
demonstrate to an audience and judges the very next day. Last year, twelve teams
competed with fantastic results
(13) The Impact Seed Fund, managed by the Maryland Technology Enterprise Institute,
encourages innovative and creative thinking and provides the opportunity to execute on
those innovative ideas. The Fund, valued at $25,000 per year, is available to Hinman CEOs,
Hillman Entrepreneurs, and Entrepreneurship and Innovation Program students at the
University of Maryland. Distribution of seed funding will favor proposals that consider
potential for offering a positive impact on society or that provide a solution that includes a
forward-thinking strategy. www.mtech.umd.edu/funding/impact_preseed/index.html
(14) The Dingman Center at the R. H. Smith School of Business assists University of Maryland
students, faculty, and staff with expertise, resources, and funding. As part of the center's
mission to nurture regional entrepreneurship, members of the UMD community are eligible
to apply for seed stage funding per year. Investment is determined on a case-by-case basis
with a maximum investment of $30,000 over two years.
www.rhsmith.umd.edu/dingman/students/social/efund.aspx
(15) The Hinman CEOs Alumni Fund awards up to $5,000 annually to current Hinman
CEOs students to help them launch new businesses and jumpstart their ventures.
www.hinmanceos.umd.edu/alumni/alumni_fund.html
(16) The BB&T Business Invitational is a showcase of University of Maryland companies,
regional startups, and campus and regional resources for entrepreneurs. Attendees have the
opportunity to network with UMD students and alumni, local entrepreneurs and investors,
and business leaders from the Baltimore-Washington metropolitan area. Sponsored by
BB&T, and now in its fifth year, prize money ($10,000) is awarded to top exhibitors as
voted on by event attendees.http://www.rhsmith.umd.edu/invitational/bbt/
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College Course Number Course Title
Agriculture
AGRI ANSC236 Equine Business Management
AGRI AREC306
Farm Management and Sustainable
Food Production
Arts and Humanities
ARHU ARHU439J
Interdisciplinary Studies in Arts and
Humanities; Social Activism and
Popular Culture
ARHU AMST429J
Perspectives on Popular Culture;
Social Activism and Popular Culture
ARHU ENGL398B
Topics in Professional Writing;
Writing for Social Entrepreneurship
ARHU ENGL398N
Topics in Professional Writing;
Writing for Non-Profit Organizations
CMNS
CMNS CMSC498E Technology for CS Start ups
CMNS CHEM498E
Entrepreneurship in Chemical and
Life Sciences
College Park Scholars
CP Scholars CPSP118E
College Park Scholars First Year
Colloquium II
CP Scholars CPSP218E
College Park Scholars Second Year
Colloquium II
CP Scholars CPSP227 STS Capstone
Engineering
ENGIN ENES 140
Discovering New Ventures –
Foundations in Entrepreneurship
ENGIN ENES 141
Introduction to High-Tech Product
Development & Marketing
ENGIN ENES142
Introduction to Innovative Thinking
& Creativity
ENGIN ENES143
Communication Essentials for
Entrepreneurs
ENGIN HEIP100
Entrepreneurship & Innovation
Colloquium
ENGIN HEIP143
Foundations in Entrepreneurship &
Innovation
ENGIN HEIP144
Contemporary Issues in
Entrepreneurship & Innovation
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ENGIN ENES210
Entrepreneurial Opportunity
Analysis & Decision-Making in 21
st
Century Technology Ventures
ENGIN HEIP240
Exploring International
Entrepreneurship & Innovation
ENGIN HEIP241 Social Entrepreneurship Practicum
ENGIN ENES460
Fundamentals of Technology Start-
Up Ventures
ENGIN ENES461
Advanced Entrepreneurial
Opportunity Analysis in Technology
Ventures
ENGIN ENES462
Marketing High-Technology
Products & Innovations
ENGIN ENES463 Strategies for Managing Innovation
ENGIN ENES464
International Entrepreneurship &
Innovation
ENGIN ENES465 Entrepreneurial Design Thinking
ENGIN ENES498 Special Topics in Entrepreneurship
ENGIN ENES498E/Chem498E
Special Topics in Entrepreneurship
/ Entrepreneurship in Chemical and
Life Sciences
ENGIN ENES498P
Special Topics in Entrepreneurship
/ Corporate Technology Ventures
Journalism
Journalism JOUR455 Media Entrepreneurship
School of Public Health
SPH KNES498I Advanced Applied Physiology
School of Public Policy
SPP PUAF359I
Investing and Leading Social
Change: The Art and Science of
Philanthropy
Undergraduate Studies
UGST UNIV389L
Civic Leadership for Community
Engagement
UGST UNIV389G Solving Converging Global Crises
UGST UNIV389T Social Media for Social Change
Non-Traditional Entrepreneurship
AGRI AGNR301 Sustainability
AGRI
ANSC420 Critical Thinking in Animal Science
21
AGRI
AREC200
The Chesapeake Bay Ecosystem:
Intersection of Science, Economics
and Policy
AGRI
LARC471
Capstone Studio: Community
Design
Architecture ARCH403 Architecture Studio IV
Journalism
JOUR 654/354 *
Advanced Interactive Multimedia
Storytelling
Journalism JOUR130
Self-Presentation in the Age of
YouTube
Journalism JOUR352 Intermediate Multimedia Journalism
01! E46;'6$, F,D,< 3%$4,+4,%,'4#("+ >.'4#,#
College
Course
Number Course Title
Architecture
Architecture RDEV688I
Real Estate Capstone
Architecture RDEV688P Entrepreneurship Basics for Real Estate Developers
Engineering
ENGIN ENES660 ENES660 Fundamentals of Technology Start-Up Ventures
ENGIN ENES663 ENES663 Strategies for Managing Innovation
ENGIN ENES778A
Special Topics in Entrepreneurship and Innovation; Idea to
Market
Business
Smith BUSI 647 Entrepreneurial Finance and Private Equity
Smith BUSI660 Entrepreneurship and New Ventures
Smith BUSI661 Creativity for Business Leaders and Entrepreneurs
Smith BUSI771 New Venture Financing
Smith BUMO730 Corporate Venturing
Smith BUMO752 Strategic Growth for Emerging Companies
Smith BUMO753 Emerging Business Formation
Smith BUMO758 Social Entrepreneurship
22
Smith BUMO758F
Special Topics in Management and Organization:
Entrepreneurial Issues in Family and Closely-Held
Businesses
Smith BUMO777 Technology Commercialization
Smith BUSI758
Business Plan Writing and China Business Plan
Competition Training
Smith BUMO758 Entrepreneurial Exit Strategies
Smith BUMO758 International Entrepreneurship
Public Policy
SPP PUAF689D Social Entrepreneurship
SPP PUAF689P Strategic Philanthropy
Business/Engineering Joint Program
Smith/Engin ENTS689K Telecommunications Entrepreneurial Practicum
Smith/Engin ENTS670 Introduction to Business and Entrepreneurship
Non-Traditional Entrepreneurship
Architecture ARCH601 Topical Design Studio
Journalism
JOUR
654/354 * Advanced Interactive Multimedia Storytelling
SPP PUAF689Z
Strategic Management of Nonprofit and Public
Organizations
doc_354347954.pdf
During this such a brief outline concerning programmatic highlights from university of maryland for princeton review entrepreneurship.
Programmatic Highlights from University of Maryland for
Princeton Review/Entrepreneurship Magazine’s
2013 Top Entrepreneurship Colleges Ranking Survey
http://www.princetonreview.com/top-entrepreneurial-press-release.aspxhttp://www.princetonreview.com/top-entrepreneurial-colleges.aspx
2
Distinguishing Aspects of UMD’s Entrepreneurship Programs ..................................................... 2
Non-Traditional Aspects of the Entrepreneurship Programs at UMD ............................................ 4
Social Entrepreneurship at UMD .................................................................................................... 8
Clubs/Organizations/Mentorship Opportunities for Entrepreneurship Students ........................... 11
Entrepreneurship/Innovation Competitions ................................................................................... 16
UMD Undergraduate Entrepreneurship Courses ........................................................................... 19
UMD Graduate Level Entrepreneurship Courses .......................................................................... 21
!"#$"%&'"#("%& *#+,-$# ./ 01!2# 3%$4,+4,%,'4#("+ 54.&467#
In addition to having an entrepreneurship center based out of its business school and an
entrepreneurship institute based out of its engineering school, the University of Maryland
(UMD) has additionally just launched the Academy for Innovation and Entrepreneurship that
reports directly to the President and the Provost with a campus-wide purview and mission. Led
by a newly appointed Associate Vice President for Innovation and Entrepreneurship, the
Academy is charged with infusing the University with a culture of innovation and
entrepreneurship across all colleges. The Academy is a signature initiative to support both the
curricular and experiential education of all students so that they are inspired and empowered to
translate creative ideas into enterprising solutions that solve problems whether economic,
societal, technological, or cultural, and thereby create value. UMD already had an incredible
foundation of entrepreneurial courses and programs built over 25 years primarily out of the
business and engineering schools, and the Academy can now build on that foundation to grow
existing, successful programs and to launch new courses and initiatives to address new needs and
opportunities. In summary, the creation of the Academy underscores the continual and
distinguishing commitment this University has to entrepreneurship and innovation, which is the
highest strategic priority of the President, Provost, and the University.
UMD also distinguishes itself every spring when UMD celebrates “30 Days of
enTERPreneurship” (http://www.umd.edu/30Days/), a whole month dedicated to
entrepreneurship programs, events, and competitions. While most schools have a business plan
and/or entrepreneurship competition, UMD offers eight different competitions that award more
than a quarter million dollars for the best ideas and innovations in technology, business,
healthcare, social value, and clean energy. Some of these competitions include:
• Cupid's Cup (http://youtu.be/mHilwDpCde0) - UMD's nationwide business competition
sponsored and hosted by Kevin Plank, founder and CEO of Under Armour. Cupid's Cup
assembles some of the country's top student entrepreneurs to compete for a
transformative prize package including $70,000 in cash prizes.
3
• ACC Clean Energy Challenge
(http://www.mtech.umd.edu/news/press_releases/doe_clean_energy_challenge.html) -
UMD was selected by the Department of Energy as one of six universities in the country
to run a nationwide clean energy business plan competition for students. The ACC
Clean Energy Challenge offers over $100,000 in prizes and sends the winner to
Washington, DC for the grand national finals and meetings with the Secretary of Energy
and other senior government officials.
• Do Good Challenge (http://www.youtube.com/watch?v=QqfxJgGfRsI) The Do Good
Challenge is a seven-week competition that challenges students to make the greatest
social impact they can for a cause they care about. Terps team up to volunteer, fundraise,
promote awareness, start or advance a social enterprise, or engage in other activities that
advance their favorite causes. Past celebrity hosts include Kevin Bacon, Fran Drescher,
and Carl Lewis.
Another unique aspect of UMD's entrepreneurial culture is Innovation Fridays. Innovation
Fridays builds on five years of Pitch Dingman
(http://www.rhsmith.umd.edu/dingman/students/pitch/ ) and five years of Entrepreneur Office
Hours (http://www.eoh.umd.edu/ ), two entrepreneurial advising/mentoring programs that have
helped thousands of budding student, faculty, and regional entrepreneurs. We have linked those
signature programs together to ensure that anyone on campus seeking help with making their
ideas a reality can get assistance each and every Friday at multiple locations across campus.
Another distinguishing feature of The University of Maryland’s entrepreneurship programs is
that the Schools of Business and Engineering collaborate to provide students with campus-wide
entrepreneurial activities and resources needed to launch their ventures. The Robert H. Smith
School of Business is home to the Dingman Center for Entrepreneurship, one of the first and
leading entrepreneurial centers in the nation. Through a wide-ranging set of programs including
Pitch Dingman, Capital Access Network, Business Competitions, Israel Technology
Commercialization Fellowship, Jumpstart, Legal Office Hours, and our Portfolio/Mentor
Programs, the Dingman Center supports an active and involved regional entrepreneurial
community.
The Maryland Technology Enterprise Institute (Mtech) (James H. Clark School of Engineering)
provides educational workshops for the undergraduate and graduate student bodies, hosts
competitions helping students validate their business hypotheses and provides a series of
resources from business ideation through company formation and operation. Student
entrepreneurs can form teams and meet with mentors at the Technology Start-up Boot Camp,
learn from their peers as they develop prototypes in the student managed Start-up Shell student
incubator, enter and validate their business ideas in the Business Model Challenge and seek the
4
guidance of experienced entrepreneurs through Innovation Friday office hours. The Terp Start-
up Laboratory provides co-working space for students with established companies. If their
ventures are successful, companies may apply for competitive admission to the Technology
Advancement Program, the University of Maryland’s business incubator.
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The University of Maryland is a campus of “firsts” in that it is often the first to try new
approaches to entrepreneurship education. The entrepreneurship program is continually evolving
to provide students with the skills that they need to succeed in our rapidly changing world.
Special and non-traditional aspects of entrepreneurship are being developed and incorporated
into the curriculum. Examples include:
• Massive Open Online Courses (MOOCs). This spring, UMD offered one of the first
entrepreneurship MOOCs called “Developing Innovative Ideas for New Companies: The
First Step in Entrepreneurship” (https://www.coursera.org/course/innovativeideas). The
course had over 80,000 enrollments from across the world.
• The newly formed Academy for Innovation and Entrepreneurship is spearheading new
initiatives in areas like:
o "How to Develop Fearless Ideas" (Innovation): Teaching Diverse Teams
Innovation Thinking and the Innovation Process. Emphasis on developing
innovators, not necessarily on developing innovations per se. Collaborative
student teams with diverse majors, skills, experiences, cultures, and viewpoints.
Discovery-based learning, seeking out and learning from lots of real-world
experts, listening & empathy. Quickly and iteratively experimenting with a lot of
different ideas and angles. Fail often and fail quickly and learn from failures to
reach innovative solutions. Borrows from IDEO and Stanford’s d.school
o "How to Launch Your Fearless Ideas" (Entrepreneurship): Lean Startup,
discovery-based methodology that tailors Innovation Thinking practices to
entrepreneurship and that is being rapidly adopted in the startup community.
Physically getting out of the classroom and off campus to really explore and
understand real-world problems and pain points in the market and in society.
Combining these real-world learnings with entrepreneurship tools like the
Business Model Canvas that may yield startup opportunities. Lean Startup was the
Harvard Business Review Cover Story (May 2013)
5
The University of Maryland continues to build upon its rich entrepreneurial history by striving to
provide every undergraduate student with exposure to entrepreneurship, regardless of their
major. To meet this ambitious goal, the University of Maryland fosters entrepreneurship through
both undergraduate curriculum based-learning and experiential programs across multiple campus
departments and colleges, including engineering, business, agriculture, journalism, public health,
public policy, chemistry, computer science and undergraduate studies.
Students may pursue entrepreneurship through traditional academic paths including a
Management major with a concentration in entrepreneurship offered through the RH Smith
School of Business, or a technology entrepreneurship minor, offered through the School of
Engineering. The University of Maryland offers 43 traditional undergraduate entrepreneurship
classes with 39% residing in departments outside of the schools of business and engineering. At
the graduate level, the University of Maryland offers over 22 traditional graduate
entrepreneurship classes with 30% residing in departments outside of the school of business In
addition to the traditional topics associated with entrepreneurship that are defined in question 24,
the University of Maryland offers eight entrepreneurship classes covering non-traditional topics
including innovation and design thinking, entrepreneurial branding and identity and non-
traditional entrepreneurial opportunity analysis.
Traditional undergraduate entrepreneurship classes are offered through 10 different programs
throughout the campus. For example, freshman and sophomore students from multiple majors
learn to re-think the traditional business model, focusing on corporate values and the triple
bottom line, as they explore sustainability and social entrepreneurship in a College Park Scholars
Colloquium. Upper level kinesiology students reinforce their learning on changes in
physiological systems by designing a new product or service and writing a business plan to
support their idea. Agricultural students apply the principles of entrepreneurship and
sustainability as it relates to the operation and management of family-run farms.
In addition to the traditional topics associated with entrepreneurship today’s budding
entrepreneurs need to acquire additional skills in innovation and design thinking, entrepreneurial
branding and identity and non-traditional entrepreneurial opportunity analysis. The University of
Maryland offers 8 courses related to these topics through the Colleges of Journalism and
Agriculture and the School of Architecture. Through the journalism department, entrepreneurs
learn strategies for defining their brand using storytelling techniques and technology to convey
information. Students studying architecture use sustainability principles and design thinking
skills to create development plans addressing urban growth and sprawl and pitch their ideas to
planning and zoning boards. Agriculture students apply non-traditional opportunity analysis
strategies to address sustainability and farm ownership challenges.
Entrepreneurship experiences are also available to students of all majors through many of the 26
campus living-learning programs.
6
• The Entrepreneurship and Innovation Honors Program (www.eip.umd.edu) for
freshman and sophomores and the Hinman CEOs program, for upperclassmen, provide a
unique four year immersive entrepreneurship experience. The Hinman CEO program
was the first-of-kind living learning program that was featured on CNN when it launched
in the 2000-2001 academic year. The program has now been replicated around the
country two dozen times. These programs foster an entrepreneurial spirit (students often
create new ventures while enrolled), create a sense of community and cooperation, and
develop ethical leaders.
• College Park Scholars (www.scholars.umd.edu/) consists of 11 different
interdisciplinary communities promoting critical and integrative thinking through
practical experiences such as internships and community service. By participating in
these experiences, students work collaboratively alongside business and community
leaders to define and solve real-world problems. Within the College Park Scholars Life
Sciences living-learning program, 25% of the 90 sophomore students completed their
internship in a small business or startup. Similarly over 23% of the 60 sophomores in the
Science and Global Change program carried out their internships in small business
settings.
• The Gemstone Program (www.gemstone.umd.edu/) at the University of Maryland is a
unique multidisciplinary four-year research program for selected undergraduate honors
students of all majors. Under guidance of faculty mentors, teams of students design,
direct and conduct significant research, often but not exclusively exploring the
interdependence of science and technology with society. Upon graduation, several teams
have created new ventures to continue developing their technologies.
• In the Beyond the Classroom Living Learning Program
(www.beyondtheclassroom.umd.edu/) junior/senior students explore social
entrepreneurship issues that matter to them as they prepare for leadership roles in the
nonprofit sector. Through internships and interactions with activists with visionary ideas,
Beyond the Classroom prepares future leaders to solve the world’s greatest civic issues.
In addition to providing students with entrepreneurship classes, the University of Maryland
recognizes the importance of providing the skill sets that students need to start and grow their
businesses. This year, the University of Maryland revamped its business plan competition,
modeling it after the highly successful NSF Innovation Corps (I-corps) program. Teams
participated in a four week mentoring workshop and utilized the business model canvas
framework to develop a hypothesis, talk to a minimum of 30 customers and pivot their ideas
based upon the feedback obtained during their customer interviews.
7
The University of Maryland also provides aspiring entrepreneurs with the resources and
infrastructure necessary to launch their new ventures. Students may participate in up to 14
different business plan/product development competitions to help them refine their business
ideas, develop their prototypes and compete for over $400,000 in prize money to fund their
potential ventures. The Schools of Business and Engineering offer weekly office hours
providing aspiring entrepreneurs with one-on-one access to seasoned entrepreneurial mentors.
Each fall, the School of Engineering hosts a campus-wide Technology Startup Boot camp where
students can pitch ideas for their new ventures, connect with other students to form teams, garner
feedback on their minimal viable products and participate in focused discussions on customer
discovery, product market fit and intellectual property. This spring, the University of Maryland
launched the Startup Shell, its first student incubator, an entrepreneurial venture created by three
Computer Science students. The Startup Shell is entirely student-managed and provides co-
working space, tools and equipment for prototype development and access to a mentoring
network.
The University of Maryland Entrepreneurship Programs realize that to excel, students must
experience entrepreneurship outside the classroom. Undergraduate students gain real world
experience working with and visiting leading companies. The TDF Internship Program places
students in a venture capital firm giving them a unique opportunity to practice entrepreneurship
alongside active venture capitalists and leader technology entrepreneurs. The Private Equity and
Venture Capital Clinic (PEVCC) is a program that provides selected students with the
opportunity to serve as Analysts at an actual Private Equity Fund with over $100M under
management, under the supervision of Professional Fund managers. The SAIC Practicum is an
entrepreneurial consulting engagement in cooperation between Mtech and SAIC consultants.
Projects are designed to provide real-life consulting experiences to entrepreneurship students and
address emerging technology and business challenges.
8
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Business ethics and the values of social entrepreneurship are instilled in entrepreneurship
programming, coursework, mentoring, and funding at the University of Maryland.
Business ethics an integral to the University’s entrepreneurship programs, beginning with the
competitive interview process for Mtech’s award winning living –learning communities. For
example, entry into the Hinman CEO’s Program, the first residential entrepreneurship program
in the country, is based on an interview process that highly values ethical judgment. All students
are expected to behave in an ethical manner in all business, academic, and personal interactions.
Ethics are reinforced through class activities, group work, and fair evaluation of team members.
Courses with a focus on business ethics are offered.
In the Management major with a concentration in entrepreneurship, one of the major
requirements is the BMGT 496 Business Ethics and Society course, which emphasizes a strategic
approach by business to the management of its external environment. Students engage in a study
of the standards of business conduct, morals and values as well as the role of business in society
with consideration of the sometimes conflicting interests of and claims on the firm and its
objectives.
The Center for Social Value Creation (CSVC) is dedicated to creating a better world through
business principles. Social Entrepreneurship is at the heart of this mission. Whether a student
desires to start their own nonprofit or for-profit organization, or create social and environmental
changes from within a company, Smith's Center for Social Value Creation (CSVC) will equip
students to tackle today's complex global issues and create innovative business solutions. CSVC
offers real-world field experience, cutting-edge coursework and research, and targeted career
planning to connect you with opportunities to effect change and resources to put your ideas in
motion. CSVC’s goal is to develop leaders with a deep sense of individual responsibility and the
knowledge to use business as a vehicle for positive social and environmental change. In 2008,
the University of Maryland's Robert H. Smith School of Business announced it was selected as
an inaugural "Changemaker Campus" in partnership with Ashoka, a non-profit network of social
entrepreneurs. www.rhsmith.umd.edu/svc
Net Impact club members gain first-hand experience affecting positive change throughout
organizations, in the areas of corporate social responsibility, social entrepreneurship, nonprofit
management, international development and environmental sustainability. Through guest
lecturers, student discussions, interactive workshops, and community volunteering, members
explore new business models and methods to exert a positive impact upon our environment. The
Smith School hosts a graduate Net Impact Chapter and an undergraduate Net Impact Chapter
(UG Chapter launched this year – January 2013). Both chapters received Gold status this year.
According to Net Impact, this means "These chapters go above and beyond minimum chapter
requirements to create opportunities for their members to develop business skills, meet folks who
9
can help members define career paths, and build a community of support to change our approach
to social and environmental issues." www.rhsmith.umd.edu/organizations/net-impact
Academically, students can participate in social entrepreneurship fellowships, internships, and
courses. The Social Innovation Fellows Program teaches students to see the risks and
recognize the opportunities that exist beyond traditional business, and to apply their business
skills and creativity to create real solutions. The Social Innovation Fellows is a one-year
program that challenges students to re-think products, services and business models that not only
generate business value, but solve some of the world's greatest problems. Fellows enroll in two
courses: “Transformative Social Change” course and “Social Innovation Practicum” course.
Throughout the program, students interact with award-winning change leaders and develop a
blueprint for an innovative solution to an issue they value. The program also provides hands-on
experience working with renowned partner organizations such as Agora Partnerships, Grassroots
Business Fund, IBM and more on current issues.https://unet.rhsmith.umd.edu/undergrad/Portal/PortalHub.nsf/ID/socialinnovation
The Entrepreneurship and Innovation Program (EIP) provides University of Maryland Honors
College freshmen and sophomores with an interdisciplinary, living and learning education to
help build the entrepreneurial mindsets, skill sets, and relationships invaluable to developing
innovative, impactful solutions to today's problems. The capstone for this two-year living-
learning program is the social entrepreneurship course. The “Creating Enterprise with Social
Impact” course addresses the global necessity to develop and implement solutions to critical
social and environmental concerns in ways that are both technologically viable and economically
sustainable. www.eip.umd.edu
The Smith School of Business offers the Social Enterprise: Changing the World through
Innovation and Transformative Action course. This course looks at the history and theory of
social change, reviews the skills, strategies, and ideas of effective change agents and gives
students the tools to create a blueprint for their ideas for social transformation.
The Impact Seed Fund offers grants totaling $25,000 annually to students in the University's
Hinman CEOs, Hillman Entrepreneurs and Entrepreneurship and Innovation Program initiatives
who present business plans for new companies that benefit society. While plans that address the
environment, education, healthcare, and other underserved markets and communities often
present the strongest benefit to society with social responsibility lying at the core of the business
plan, any plan that has considered and offered some kind of positive social benefit, or benefits
some targeted disadvantaged community as an element of the business idea is eligible.
The No Limits Social Impact Pitch Competition takes center stage at the University of Maryland
Social Enterprise Symposium, hosted annually by the Center for Social Value Creation at the
Robert H. Smith School of Business. "No Limits" offers a platform for UMD’s aspiring social
entrepreneurs and diverse student population passionate about social value creation and creating
10
a better world through business principles. In the months leading up to the "No Limits"
competition students are offered business mentorship, participate in workshops, and receive
feedback on presentations skills. Finalists pitch their ideas before a panel of judges and a live
audience. "No Limits" is an official University of Maryland Fearless Ideas event led by the
Center for Social Value Creation in partnership with the Center for Philanthropy and Nonprofit
Leadership, and with support from the Dingman Center for Entrepreneurship.
The Center for Philanthropy and Nonprofit Leadership in Maryland’s School of Public Policy
is focused on creating a new culture of philanthropy and a new generation of leaders who are
making an impact locally and around the world by further promoting the ideals of doing well
while “doing good.” Courses offered in the school, to both undergraduate and graduate students,
discuss maintaining strong ethics and using business principles to make a social impact. All
students, undergraduate and graduate, also are exposed to social impact through the Do Good
Challenge, a 7 week philanthropy competition that encourages students to “do good” for a cause
they care about, being as creative as possible. The winners of the last two challenges were
students that formed new nonprofit organizations to better serve their causes
In Spring of 2013, a new course was launched “Writing for Social Entrepreneurship”
(ENGL398B) with two full sections. The goal of “Writing for Social Entrepreneurship” is to help
students develop the professional writing skills they will need as a successful social entrepreneur
or a team member in a social enterprise. Writing in the class includes a major writing project of
the students’ choice, such as a business plan, grant proposal, concept paper for a new nonprofit
or business, internal project proposal, recommendations report, manual, policy recommendation
report, sales proposal, direct mail or fundraising campaign package. The project may address a
social and/or environmental change interest of their own.
In partnership with the Center for Social Value Creation, Education Abroad and the Honors
College, UMD launched the Social Entrepreneur Corps (SEC). By generating and supporting
community-based, self-sustaining small businesses, SEC has proven remarkably effective in
combating third-world poverty. This unique eight-week study and internship program enables
UMD students to learn the basic principles of social entrepreneurship through lectures,
discussions, and hands-on, practical experience as they work side-by-side with SEC
professionals developing micro-consignment businesses in Nicaragua.
11
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The University of Maryland offers 16 different business plan competitions, encompassing
business concepts, prototype development and revenue generating businesses. In addition to
competitions for University of Maryland students, the University sponsors competitions open to
students from the region and the nation.
National Competitions:
(1) Cupid’s Cup, hosted by the R.H. Smith School of Business, is a nationwide business
competition for undergraduate and graduate student businesses that have been in operation
for less than five years and demonstrate revenues in excess of $5000. Cash Prizes total:
$70,000. www.cupidscup.com
Regional Competitions:
(2) The ACC Clean Energy Challenge, hosted by the Maryland Technology Enterprise
Institute is sponsored by the Department of Energy. Student teams from the ACC Schools
(University of Maryland, Clemson, Duke, Georgia Tech, North Carolina State University,
University of North Carolina, University of Miami, University of Virginia, Virginia Tech
and Wake Forest) as well as at-large entries from the southeast US, compete for over
$100,000 in prizes to help commercialize their clean energy technologies.
www.accnrg.com
International Competitions:
(3) The China Business Plan Competition, hosted by the R.H. Smith School of Business,
awards business ideas that are based in China or leverages Chinese resources. The
University of Maryland and China’s Peking University students compete for cash prizes
totaling $10,000. """#$%&'()%#*'+#,+*-+(67'36-&)*+,6)&-89:8
University of Maryland Competitions:
(4) The UM Business Model Challenge, hosted by the Maryland Technology Enterprise
Institute, promotes the commercialization of innovative ideas and University-created
technologies by focusing on identifying and precisely defining the assumptions of the new
venture, testing those assumptions in the field, and then changing (pivoting) based on the
lessons learned Competition is open to students, faculty and alumni -. Cash prizes total
$43,000. www.bmc.umd.edu
(5) The Do Good Challenge, hosted by the School of Public Policy’s Center for Philanthropy
and Non-Profit Leadership, is a seven week student contest for social entrepreneurship that
challenges students to make the greatest social impact they can for a cause they care about.
Students team up to volunteer, fundraise, promote awareness, start or advance a social
17
enterprise, or engage in other activities that advance their favorite causes. Cash prizes total
$8,000.http://www.publicpolicy.umd.edu/do-good-challenge/about
(6) Be the Solution Business Plan Competition, hosted by the College of Behavioral and
Social Sciences, encourages students in the social and behavioral sciences to create
business models demonstrating social value and impact on topics related to global
sustainability, understanding societies and cultures, and improving the human condition.
Cash prizes total $4500.http://www.bsos.umd.edu/news-and-events/business-plan-
competition.aspx
(7) No Limits Social Pitch Competition, hosted by the Center for Social Value Creation, seeks
to harness the ideas of Maryland students to start businesses that change the world. Its goal
is to provide an integrative experience for participants, built out of earlier curricular or
extracurricular development activities at Maryland, and to ultimately prepare students for
opportunities in social entrepreneurship. Pitches can include nonprofit, for-profit, or
blended model business plans. Cash Prizes total $6500.
www.rhsmith.umd.edu/ses/nolimits.aspx
(8) The Pitch Dingman Competition, hosted by the R.H. Smith School of Business, offers
students the opportunity to pitch their business ideas or already launched business to
Entrepreneurs in Residence for feedback and to compete for funding. Cash prizes total
$11,000. www.rhsmith.umd.edu/dingman/students/pitch
(9) The Code for Community Challenge, hosted by the College of Architecture, is a product
development competition providing undergraduate students the opportunity to create a
mobile or web based app that meets a community need. No cash prizes are awarded.http://www.arch.umd.edu/planning/cfc/index.html
(10) The FIA seed competition, hosted by the University of Maryland Future Information
Alliance, encourages interdisciplinary teams consisting of student members from 2 or more
University of Maryland departments to engage in projects leading to innovative solutions to
key information related challenges. Cash prizes total $100,000.
www.fia.umd.edu/seedgrants/
(11) The Computer Science Fostering Innovation, Success, and Humanity [F.I.S.H] Bowl,is a
tech entrepreneurship showcase and competition. The F.I.S.H. Bowl aims to foster the
innovation, ingenuity, and entrepreneurship of undergraduate and graduate students at the
University of Maryland. This competition strives to promote and support tech
ventures/ideas that solve problems facing humankind, ranging from seemingly mundane to
the very consequential. Cash Prizes total $10,000.
18
(12) In the Computer Science Daemon Dash Hackathon, teams of four students design and
develop a piece of software around a theme given to them at the start of the Daemon Dash.
The teams have twenty four hours to work together to come up with a prototype to
demonstrate to an audience and judges the very next day. Last year, twelve teams
competed with fantastic results
(13) The Impact Seed Fund, managed by the Maryland Technology Enterprise Institute,
encourages innovative and creative thinking and provides the opportunity to execute on
those innovative ideas. The Fund, valued at $25,000 per year, is available to Hinman CEOs,
Hillman Entrepreneurs, and Entrepreneurship and Innovation Program students at the
University of Maryland. Distribution of seed funding will favor proposals that consider
potential for offering a positive impact on society or that provide a solution that includes a
forward-thinking strategy. www.mtech.umd.edu/funding/impact_preseed/index.html
(14) The Dingman Center at the R. H. Smith School of Business assists University of Maryland
students, faculty, and staff with expertise, resources, and funding. As part of the center's
mission to nurture regional entrepreneurship, members of the UMD community are eligible
to apply for seed stage funding per year. Investment is determined on a case-by-case basis
with a maximum investment of $30,000 over two years.
www.rhsmith.umd.edu/dingman/students/social/efund.aspx
(15) The Hinman CEOs Alumni Fund awards up to $5,000 annually to current Hinman
CEOs students to help them launch new businesses and jumpstart their ventures.
www.hinmanceos.umd.edu/alumni/alumni_fund.html
(16) The BB&T Business Invitational is a showcase of University of Maryland companies,
regional startups, and campus and regional resources for entrepreneurs. Attendees have the
opportunity to network with UMD students and alumni, local entrepreneurs and investors,
and business leaders from the Baltimore-Washington metropolitan area. Sponsored by
BB&T, and now in its fifth year, prize money ($10,000) is awarded to top exhibitors as
voted on by event attendees.http://www.rhsmith.umd.edu/invitational/bbt/
19
01! 0%;,4&46;'6$, 3%$4,+4,%,'4#("+ >.'4#,#
College Course Number Course Title
Agriculture
AGRI ANSC236 Equine Business Management
AGRI AREC306
Farm Management and Sustainable
Food Production
Arts and Humanities
ARHU ARHU439J
Interdisciplinary Studies in Arts and
Humanities; Social Activism and
Popular Culture
ARHU AMST429J
Perspectives on Popular Culture;
Social Activism and Popular Culture
ARHU ENGL398B
Topics in Professional Writing;
Writing for Social Entrepreneurship
ARHU ENGL398N
Topics in Professional Writing;
Writing for Non-Profit Organizations
CMNS
CMNS CMSC498E Technology for CS Start ups
CMNS CHEM498E
Entrepreneurship in Chemical and
Life Sciences
College Park Scholars
CP Scholars CPSP118E
College Park Scholars First Year
Colloquium II
CP Scholars CPSP218E
College Park Scholars Second Year
Colloquium II
CP Scholars CPSP227 STS Capstone
Engineering
ENGIN ENES 140
Discovering New Ventures –
Foundations in Entrepreneurship
ENGIN ENES 141
Introduction to High-Tech Product
Development & Marketing
ENGIN ENES142
Introduction to Innovative Thinking
& Creativity
ENGIN ENES143
Communication Essentials for
Entrepreneurs
ENGIN HEIP100
Entrepreneurship & Innovation
Colloquium
ENGIN HEIP143
Foundations in Entrepreneurship &
Innovation
ENGIN HEIP144
Contemporary Issues in
Entrepreneurship & Innovation
20
ENGIN ENES210
Entrepreneurial Opportunity
Analysis & Decision-Making in 21
st
Century Technology Ventures
ENGIN HEIP240
Exploring International
Entrepreneurship & Innovation
ENGIN HEIP241 Social Entrepreneurship Practicum
ENGIN ENES460
Fundamentals of Technology Start-
Up Ventures
ENGIN ENES461
Advanced Entrepreneurial
Opportunity Analysis in Technology
Ventures
ENGIN ENES462
Marketing High-Technology
Products & Innovations
ENGIN ENES463 Strategies for Managing Innovation
ENGIN ENES464
International Entrepreneurship &
Innovation
ENGIN ENES465 Entrepreneurial Design Thinking
ENGIN ENES498 Special Topics in Entrepreneurship
ENGIN ENES498E/Chem498E
Special Topics in Entrepreneurship
/ Entrepreneurship in Chemical and
Life Sciences
ENGIN ENES498P
Special Topics in Entrepreneurship
/ Corporate Technology Ventures
Journalism
Journalism JOUR455 Media Entrepreneurship
School of Public Health
SPH KNES498I Advanced Applied Physiology
School of Public Policy
SPP PUAF359I
Investing and Leading Social
Change: The Art and Science of
Philanthropy
Undergraduate Studies
UGST UNIV389L
Civic Leadership for Community
Engagement
UGST UNIV389G Solving Converging Global Crises
UGST UNIV389T Social Media for Social Change
Non-Traditional Entrepreneurship
AGRI AGNR301 Sustainability
AGRI
ANSC420 Critical Thinking in Animal Science
21
AGRI
AREC200
The Chesapeake Bay Ecosystem:
Intersection of Science, Economics
and Policy
AGRI
LARC471
Capstone Studio: Community
Design
Architecture ARCH403 Architecture Studio IV
Journalism
JOUR 654/354 *
Advanced Interactive Multimedia
Storytelling
Journalism JOUR130
Self-Presentation in the Age of
YouTube
Journalism JOUR352 Intermediate Multimedia Journalism
01! E46;'6$, F,D,< 3%$4,+4,%,'4#("+ >.'4#,#
College
Course
Number Course Title
Architecture
Architecture RDEV688I
Real Estate Capstone
Architecture RDEV688P Entrepreneurship Basics for Real Estate Developers
Engineering
ENGIN ENES660 ENES660 Fundamentals of Technology Start-Up Ventures
ENGIN ENES663 ENES663 Strategies for Managing Innovation
ENGIN ENES778A
Special Topics in Entrepreneurship and Innovation; Idea to
Market
Business
Smith BUSI 647 Entrepreneurial Finance and Private Equity
Smith BUSI660 Entrepreneurship and New Ventures
Smith BUSI661 Creativity for Business Leaders and Entrepreneurs
Smith BUSI771 New Venture Financing
Smith BUMO730 Corporate Venturing
Smith BUMO752 Strategic Growth for Emerging Companies
Smith BUMO753 Emerging Business Formation
Smith BUMO758 Social Entrepreneurship
22
Smith BUMO758F
Special Topics in Management and Organization:
Entrepreneurial Issues in Family and Closely-Held
Businesses
Smith BUMO777 Technology Commercialization
Smith BUSI758
Business Plan Writing and China Business Plan
Competition Training
Smith BUMO758 Entrepreneurial Exit Strategies
Smith BUMO758 International Entrepreneurship
Public Policy
SPP PUAF689D Social Entrepreneurship
SPP PUAF689P Strategic Philanthropy
Business/Engineering Joint Program
Smith/Engin ENTS689K Telecommunications Entrepreneurial Practicum
Smith/Engin ENTS670 Introduction to Business and Entrepreneurship
Non-Traditional Entrepreneurship
Architecture ARCH601 Topical Design Studio
Journalism
JOUR
654/354 * Advanced Interactive Multimedia Storytelling
SPP PUAF689Z
Strategic Management of Nonprofit and Public
Organizations
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