"I never would have dreamed a two-year program would impact me this much but it has," said Ashmi Sheth ('14), one of three UMD students selected as University Innovation Fellows by the National Center for Engineering Pathways to Innovation.
EIP Students attend dinner with Eric Francis '71, president and CEO of Capital Business Maintenance Corporation.
EIP Students attend class in La Plata Hall.
EIP students at Fall 2014 Honors Citation Ceremony.
2014 EIP freshmen before the fall ropes challenge course.
Honors College
ENTREPRENEURSHIP & INNOVATION PROGRAM
A Great Place to Launch
The Entrepreneurship and Innovation Program (EIP) provides University of Maryland Honors College freshmen and sophomores with an interdisciplinary, living and learning education to help build the entrepreneurial mindsets, skill sets, and relationships invaluable to developing innovative, impactful solutions to today's problems.
A joint program of the Honors College and the Maryland Technology Enterprise Institute (Mtech), EIP has a proven pedigree of successful creativity and innovation-related education and achievement. Mtech has been a leading force in entrepreneurial education and innovation for more than 25 years. EIP is based directly on Mtech's groundbreaking Hinman CEOs program, the first undergraduate living-learning entrepreneurship program in the United States. EIP students have access to Mtech's venture development resources and activities, as well as those specifically designated for EIP and the Honors College.
While we have a strong technology heritage, EIP is an excellent program for any student interested in entrepreneurship and innovation. Nearly half of EIP students are pursuing non-technical majors, including business, psychology, music and government/politics. And of course EIP is at the University of Maryland, which was ranked by Kiplinger's among the top-ten public four-year institutions for providing outstanding education at an affordable price.
Our mission is to foster an entrepreneurial spirit, create a sense of community and cooperation, and develop ethical and innovative leaders.
For the fourth consecutive year, UMD was named one of the top schools for entrepreneurship, coming in at No. 10.
The United States Association for Small Business and Entrepreneurship (USASBE) selected the Entrepreneurship and Innovation Program (EIP) as a winner of a national award for Excellence in Entrepreneurship Education.
"All of these projects in EIP, they’ve given me a chance to test these skills and now I realize that’s what I want to do. I can see everything in my life, internships and classes, just really align to this path I am discovering through EIP. I love it.”
“Meeting all of the new people in EIP and forming bonds with them so quickly was one of my favorite things about the University of Maryland.”
“EIP is a great program for everybody, even if you don’t want to start company while you’re at school. You learn how to use your entrepreneurial mindset to approach problems and solve them in innovative ways.”
Why Entrepreneurship?
Entrepreneurship a way of thinking, doing and being that can be applied to most aspects of work and life. It is an exercise in self-expression, team building and problem solving in order to create new value in the world. The study and practice of entrepreneurship helps individuals develop important personal skills in areas such as creativity and leadership, and helps build self-confidence. Concepts and methods studied in the program include opportunity recognition, value creation, design thinking and project/start-up management. These can be applied throughout one's professional career.
Entrepreneurship has also long been seen as an important contributor to advancing the economic prosperity of both societies and individuals. Entrepreneurship adds value through new business activity and through innovations that effectively align resources, processes, industries and opportunities, which in turn provide greater return on investment as well as greater societal and individual wealth. As such, entrepreneurship provides a vital human-driven force for economic growth, sustainable use of resources and revitalization of organizations and communities. More recently, entrepreneurship, its attitudes and approaches have been applied to non-business entities such as charities, government agencies and educational institutions. As you will see from the image below, our students are applying their learning in many different fields.
2014 Graduating Class (subset): Where They Are Now
News
1104 LaPlata Hall
University of Maryland
College Park, MD 20742
tel: 301.314.9410
email: eip@umd.edu
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