MIT's Entrepreneurship Lab (E-Lab) teams work with local high-tech startup companies on targeted projects. The goal of the course is to have students interact directly and deeply with real companies to experience what a startup is really like, and to be able to work effectively in ambiguous and dynamic situations. Student teams work one or two days per week during the semester with their host companies' top management to tackle critical business issues such as choices of initial markets, approaches to initial customers, and communicating the value of the product.
Running in parallel with the projects are classes at MIT Sloan. The content of these classes aligns with the hands-on projects and helps students build and actively apply their leadership skills. At the end of the semester, each team presents its findings and recommendations to the senior management of the partner company.
To learn more about this course, please click on the E-Lab Website link above.