Wharton’s spirit is entrepreneurial at all levels – active, innovative, and risk-taking. And our depth of resources gives you the means to translate your ideas into action. You might start your own business – or help members of the community launch businesses through the active Small Business Development Center. Or you might consult with an on-campus entrepreneur in our distinctive Entrepreneur-in-Residence program, sponsored by Wharton Entrepreneurial Programs (WEP), the center for entrepreneurial activity at Wharton.Wharton and Penn both provide resources to develop entrepreneurial skills and start entrepreneurial ventures. Tapping into these opportunities, students develop an adaptive, risk-tolerant management style that they can bring to jobs in consulting, high-growth companies, and other worldwide industries.Entrepreneurial Resources:Wharton Entrepreneurial Programs The Annual Wharton Business Plan Competition Wharton Small Business Development Center (SBDC) Venture Initiation Program Entrepreneur-in-Residence Program The Center for Technology Transfer (CTT)--------------------------------------------------------------------------------Wharton Entrepreneurial ProgramsThe driving force behind the entrepreneurial resources at Wharton is one of the most influential centers of entrepreneurship in the world, the Wharton Entrepreneurial Programs (WEP). More than 20 professors and practitioners bring cutting-edge research and years of successful entrepreneurial experience, both sharing that knowledge in class and helping to guide entrepreneurial initiatives. For more about WEP, including interviews with alumni entrepreneurs, see the online newsletter, Get It Started.The Annual Business Plan CompetitionThis well-established competition provides more than $40,000 in cash prizes to student teams with ideas for new ventures. In addition to valuable advice and support from more than 200 venture capitalists, students learn from entrepreneurs and other professionals who serve as judges and mentors. Finalists present their business ideas to a panel of distinguished judges in an event that brings students together with angel investors, venture capitalists, Wharton alumni, entrepreneurs, and others from the entrepreneurial business community.Small Business Development Center (SBDC)The SBDC offers consulting services to Philadelphia-area entrepreneurs and small business owners. MBA students are employed by the SBDC as senior consultants (full-time in the summer and part-time during the academic year). Students help entrepreneurs craft business plans, manage expansion strategies, and raise capital.Venture Initiation ProgramThe Venture Initiation Program (VIP) provides MBA students with the entrepreneurial management education, support, and facilities essential to start successful new businesses. While course work can lay a solid foundation for entrepreneurial activities, students may need more help to turn their ideas into successful businesses. VIP — created by Wharton Entrepreneurial Programs and the Wharton Small Business Development Center — walks students through the steps of kicking off their enterprise and approaching capital markets.Entrepreneur-in-Residence ProgramThis program gives students the opportunity to meet one-on-one with successful entrepreneurs. Students sign up to meet with a Wharton Entrepreneur-in-Residence (EIR) to talk over ideas and strategies for a successful entrepreneurial venture or simply life as an independent business person. A different EIR holds office hours on campus each week during the academic year. Recent EIRs have included founders, presidents, and CEOs of Amden, Bayada Nurses, BizRate, Boston Scientific, CDNow, Digene, Half.com, Hasbro, J.D. Power & Associates, Medsite, Metropolitan Bakery, Optiant, Shopzilla, TargetCast, Texas Monthly, and Travelocity.READ ABOUT WHARTON'S ALUMNI ENTREPRENEURSThe Center for Technology Transfer (CTT)This University of Pennsylvania center gives MBA and other students the opportunity to help launch startup companies by turning new ideas from Penn research into business ventures. More than 50 ventures have been designed to commercialize biotechnology, pharmaceuticals, and software — even create a set of innovative horseshoes developed by veterinary faculty. The CTT allows students to work with entrepreneurs, individual investors, venture capitalists, and faculty to develop, advise, and sometimes lead these new firms.source: http://www.wharton.upenn.edu/mba/leadership/entrepreneurship/index.cfm
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