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Entrepreneurship and Innovation (ENTI)

New Ventures

Cluster Contact

Jamey Darnell
Assistant Director, Intercollege Minor in Entrepreneurship and Innovation (ENTI)
Director, New Ventures Cluster
417 Business Building

About the New Ventures Cluster

Total number of credits in this cluster: 9 or 10

The New Ventures Cluster is designed to help students develop the skills and ways of thinking required to create, develop, innovate and manage entrepreneurial companies. A successful start-up venture requires a wide range of managerial skills not usually demanded in one person within a larger organization, such as:

  • Acquiring and balancing limited resources
  • Changing direction quickly
  • Building a coherent team
  • Managing intellectual property
  • Creating new markets

The number of credits in this cluster depend on the selection of courses in the area of business law; see list of courses below.

Students who complete this cluster develop skills and knowledge in 14 areas:

  • Opportunity recognition
  • New product development
  • Innovative thinking
  • Tolerance for ambiguity
  • Resource acquisition
  • Effective negotiation
  • Entrepreneurial management
  • Entrepreneurial finance
  • Effective teamwork
  • Entrepreneurial marketing
  • Entrepreneurial and innovation strategy
  • Technology commercialization
  • Intellectual property management
  • Business law

Preferred Sequence of Courses for the New Ventures Cluster

After completing MGMT215 and ENGR310, students taking the New Ventures cluster choose 9 or 10 credits for the list of approved courses.  At least one courses in this cluster must be a 400-level course. To conclude the minor, students take the final core course: MGMT/ENGR/IST425.

To meet the prerequisite requirement for MGMT/IST/ENGR 425, you must take one of the following:

  • ECON 102 Introductory Microeconomic Analysis and Policy
  • ECON 104 Introductory Macroeconomic Analysis and Policy
  • Both ECON 014 Principles of Economics and CAS 100 Effective Speech

New Ventures Course Options

In addition, the BA 241/BA 242 course pairing and three law-related courses are options in the New Ventures cluster. Students may only take one of the following for this cluster: