About the Center
The Center for Entrepreneurship Education is a university-wide resource that integrates entrepreneurship and innovation courses, entrepreneurial co-ops in early stage companies, venture incubation through our on-campus venture accelerator, IDEA, and venture funding and launch by helping our entrepreneurs network into the local angel and VC community. We serve undergraduate students, graduate students, faculty, and alumni from every college in the university.
Through experiential education, we empower students, faculty, and alumni from across the university to innovate, start new companies, and become leaders in the innovation economy.
Knowledge is an entrepreneur’s oxygen. It comes from many different sources. Our vision is to educate entrepreneurs and incubate and launch new ventures through the synthesis of classroom instruction, experiential learning opportunities, and on-campus venture incubation. Northeastern is quickly becoming a hotbed for new venture creation, with more than 150 new companies in development. The best learning is done on the job—with just-in-time support and direction from world-class educators and advisors who have experience building successful companies.
Our “System” of Experiential Entrepreneurship Education
The Center for Entrepreneurship Education was built around three core functions: Educate, Incubate, and Launch. Each of the three functions are integrated by design, where venture teams flow from one part of the system to the next. We have more than 1,000 students taking entrepreneurship and innovation classes at any given time, more than 150 ventures in process, and last year, had seven ventures funded for an aggregated total of more than $6 million by local angel and VC investors. Ventures are founded by students, alumni, and faculty from all colleges and disciplines at Northeastern.
The Center for Entrepreneurship Education was created with the vision and financial support of alumnus Alan McKim, the founder, Chairman, and CEO of Clean Harbors, a leader in environmental services. Alan will tell you that his education at Northeastern was instrumental in his work to transform his small business of the early 1990s into the multi-billion dollar industry leader that it is today. He asked Professors Dan McCarthy and Marc Meyer to create a plan to help young entrepreneurs and alumni to innovate new products and services, and then start new companies. Alan wanted us to leverage experiential entrepreneurship education across the entire university as well as to its legions of alums. His vision for the center was not just to help create new companies, but to foster innovative, entrepreneurial thinking amongst all of our students so that they can help grow existing companies, whether here or abroad. Read more.