The Entrepreneurship Lab presents

The eLab Virtual Online Summer Program

 

Image of a startup

 

Introduction

In light of the COVID-19 shutdown of New York City, the state, and the surrounding neighborhood, and the early word of local area companies cancelling their internship programs, the Entrepreneurship Lab (eLab) is setting up an online 2-week summer program. Successful completion of all the program requirements will culminate in earning a certificate from the eLab.

 

Objective

In addition to the certificate, the larger objective of the 2 week program (and final project) is to design a curriculum for the rest of the summer, and the next year. This should be to prepare for applications to larger business incubators and tech accelerators. Listed at the end of this page, are a sample of training and accelerator programs that could be targeted for this summer and next.

 

Eligibility

The program is open to current Pace students, graduating high school seniors coming to Pace, and recent graduates. To register, either email entrepreneurship@pace.edu or fill out the following link: https://tinyurl.com/ybuh2q28. Other exceptions can be considered on a case by case basis by emailing the above.

 

Topic

As a semi-guided, self-study, the program is based on what the students are interested in. However, there are some prepared online learning curricula based on several highly demanded topics: business analytics, entrepreneurship, and other specific skills development such as Microsoft Excel.

 

Timeline

The summer program begins on June 1st and final project designs are due June 12th. Various requirements of the program will have deadlines throughout each week, such as number of online course hours, etc.

  1. 1-Jun - Program start
  2. 5-Jun - Resume & LinkedIn review
  3. 8-Jun - Check-in w/proposal
  4. 12-Jun - Final project design due

 

Content

The program will consist of three (3) major components which are each evaluated towards completion of the program and award of the certificate:

  1. Participation in an online community established around the program and the eLab. There will be daily check-ins, agile software development style, around noon.
  2. Completion of online coursework from various sources, including LinkedIn Learning and Coursera.
  3. Production of a final project/summer plan, which depending on group size, can consist of multiple components and deliverables.

 

Online community

There will be an online community set-up, where in addition to highly-recommended training assignments, students can form into groups to complete group projects.

The nexus for the online program is the following link: https://discord.gg/x3rSHSq (there are a number of major online software projects who have elected to use Discord as their communications platform. Discord's voice integration will facilitate online meetings).

 

Online coursework

The expectation is that 20 hours of online coursework be completed each week. If completed on LinkedIn learning, the course completion badge will serve as validation that necessary courses are completed. Coursera courses with homework will count towards the 20 hour requirement.

Additionally, The eLab Virtual Online Summer Program would provide the students with an opportunity to improve their professional image and with help in the job search process by having a resume review and a LinkedIn profile review as parts of the program.

The resume review would consist of describing the goal of the resume, describing the applicant tracking system, commonly utilized by companies to improve their efficiency in screening applicants, and providing guidelines on resume format and the content that should be included or omitted in a resume.

The LinkedIn profile review would consist of describing the importance of networking and discussing how LinkedIn is an especially viable option given the current situation in the world, providing some guidelines on how to build one’s Linkedin profile and how to connect the Linkedin profile to the LinkedIn learning, provided by Pace, to allow students to take courses and put the corresponding certificates on their profile. 

 

Final project (design)

Final projects involve a choice of deliverables. These are acceptable in a draft format, and are intended to feed into other programs. An outline of developing a business idea over the rest of the summer is the chief objective of the final project. This is not an exhaustive list of possible deliverables.

  • Product Prototype
    • Wire frame prototypes (clickable)
    • Mobile apps should have at least five (5) different pages
    • Web apps should have at least five (5) different pages
    • Summer plan to generate working prototype
  • Pitch Presentation
    • Three (3) minute pitch video with three to five (3-5) slide presentation
    • Based on the elevator pitch concept, to pitch to a venture capitalist
    • Pitch presentation guidelines:
      http://www.elab.nyc/pace-pitch-contest#Guidelines
    • Summer plan to flesh out business plan and submit to competitions
  • Slide Deck
    • 10-15 slide final presentation of project
    • First part could be as if you were submitting the project to a funding source
    • Second part could be an implementation plan
    • Summer plan to flesh out business plan and submit to competitions
  • Business Plan
  • Website
    • A website presenting the project
    • Could be geared around a crowdfunding campaign
    • Could include backer tiers and rewards
    • Summer plan to create crowdfunding video

 

Rest of the summer & year

There are a number of business accelerator programs for students to target (many for next summer). Over the two weeks, students will research and select programs to target and build a plan for.