PATHS FOR MARYLAND  ENTREPRENEURS & INNOVATORS

learn. launch. fly.

Academics

The EIP academic program combines small classes taught by faculty with extensive academic, professional and entrepreneurial experiences and the wide range of additional education opportunities offered by a large research institution. Four courses totaling 9 credits are exclusively available to EIP students and are taken one per semester for each of the first four semesters. 

The academic program also requires an additional 6-credits of Honors Seminars, bringing the total honors course load to 15 credits. There is no restriction on which course topics can be taken. These courses must be completed prior to receiving the academic citation. Honors seminars and courses are an excellent way to satisfy graduation requirements as many of these classes may count towards general education requirements and the student's major. Click here for more about honors seminars.

Some of the 2014 Freshmen EIP Banneker-Key scholarship recipients with EIP Director Jay Smith at the reception with President Wallace Loh at University House . Nearly 15% of our students receive full merit-based university scholarships.

Key Features

  • 4 EIP Courses (9 credits)
  • 2 Honors Seminars
  • Team projects
  • Experiential learning
  • Case studies
  • Online simulations
  • Co-curricular workshops
  • Entrepreneur guest speakers
  • Design thinking & creativity projects
  • Lean startup methodology
  • Project management
  • Sustainable business models
  • Environmental & social impact
  • Global perspective

Jonathan Chen, a Hinman CEOs alumnus, visits the sophomore class to talk about his former startup company, FiscalNote.

EIP Curriculum

Freshman Year

FALL SEMESTER

HEIP 143: Foundations of Entrepreneurship & Innovation is a seminar course focused on building the entrepreneurial mindset and introducing basic entrepreneurship principles and terminology. (1 credit, Replaces HONR 100)

SPRING SEMESTER

HEIP 144: Contemporary Issues in Entrepreneurship & Innovation inspires innovation and creativity through interactive lectures, workshops, and case studies in contemporary issues to include design, energy, life sciences, healthcare, technology. (3 credit)

Sophomore Year

FALL SEMESTER

HEIP 240: Exploring International Entrepreneurship & Innovation provides an introduction to the opportunities and challenges of entrepreneurship and innovation from an international perspective through lectures and guest speakers with international experiences. (3 credit)

SPRING SEMESTER

HEIP 241: EIP Capstone: Creating Enterprise with Social Impact addresses the global necessity to develop and implement solutions to critical social and environmental concerns in ways that are both technologically viable and economically sustainable. Top ventures may be awarded part of the $50,000 Mtech Impact Seed Fund. (2 credit)

The Honors Seminars may also fill your General Education Requirements. HEIP240 fulfills General Education Scholarship-in-Practice outside of major requirements. Six EIP credits may be applied toward a Minor in Technology Entrepreneurship.

Curriculum Flow

Terp Tank

The EIP capstone project is the culmination of two years of study in the program. 

EIP second-semester sophomores work in teams to develop a for-profit business plan that achieves multiple bottom-lines of both profitability and social benefit. These projects address the global necessity to develop and implement solutions to critical social and environmental concerns in ways that are both technologically viable and economically sustainable. 

The capstone project and course culminate in the "Terp Tank" competition, where EIP sophomores preparing to complete the course sequence present their Capstone Projects to a panel of judges for the chance to win cash prizes from supporting sponsors.

More information about Terp Tank

Early Exposure to Entrepreneurship

First and foremost, students receive exposure to entrepreneurial concepts from the outset of their university careers. This helps students to approach their given fields with a creative and practical solutions-oriented perspective that they can apply in their upper-division courses and summer internships.

Students learn valuable lessons about entrepreneurship and innovation that they can apply throughout their careers and in their own enterprises. Early coursework focuses on critical thinking skills, opportunity identification and assessment, and development of creative, sustainable solutions.

Self-Assessment and Understanding

We believe that entrepreneurship is an excellent means for self-expression and self-actualization. Many deliverables for the first EIP course are self-reflective, covering personal experiences related to leadership self-assessment, developing goals for their entrepreneurial aspirations, and defining requirements to achieve these goals.

EIP alumnus Michael Adams, Jr. joined the prestigious Fulbright Commission University of Bristol Summer Institute for Young American Student Leaders. Michael was the second EIP student to be selected for a Fulbright Commission summer program (Stephanie Graf was the first).

"EIP Director Jay Smith taught us how to learn and how to think. He didn’t force ideas upon us; rather, he taught us how to take a step back and re-evaluate everything. He encouraged us to start businesses and create the change we'd like to see in the world.”

-- Daniel Barotti, '15

“It’s funny how a one credit class can have a bigger impact on you as a person than any of your other classes combined. The different speakers that came to speak to us taught me many different thing but one common theme emerged: there is no right way.”

-- Jonathan Galitzer, '18

“If you really want to start a business, EIP is a good starting point. EIP is great because you meet a lot of people and are challenged to think outside of the box and be creative.”

-- Cindy Tseng, '13

Example Guest Speakers and Mentors

Entrepreneurship & Leadership

  • Eric Francis '71,  President and CEO of Capital Business Maintenance Corporation
  • Bill Greenblatt ‘79, Founder and Chairman of SterlingBackcheck (formerly Sterling Infosystems)
  • Cherian Thomas, Chairman and CEO of Spotluck, Inc.
  • Lisa Cusack, CEO, and Bob Cusack, COO, Custom Software Systems, Inc.
  • Matt Clark, COO, Corcentric
  • Manpreet Singh, Founder and President, TalkLocal
  • Ben Simon ’14, Founder &  CEO Food Recovery Network
  • Jonathan Chen ’14, Founder & CTO, Fiscal Note
  • William Kraus, Co-Founder, Mission BBQ
  • Blake Robertson ’05, Founder, CTO Alertus Technologies

Personal & Professional Development

  • Michelle Carroll, ’83 Founder & CEO, Carroll Career Consultants
  • Jay Blanco, Sr. Program Manager, Accenture

Innovation & Creativity

  • Johan Severtson, Prof. of  Design, Corcoran College of Art & Design
  • Brian Jay Jones, Biographer Jim Henson
  • Richie Frieman ’01 Artist, Author, Entrepreneur
  • James Undercofler, Artistic Director National Orchestral Institute
  • Noel Murphy, Actor, Director, Filmmaker

Business & Project Management

  • Howard Pedolsky '61, NASA Engineer, International Entrepreneur
  • Satish Tamboli, Mtech Ventures
  • Chris Tatem. Sr. Dir. Solution Design & Delivery, UMUC

Enterprise with Social Impact

  • Amy Celep, CEO of Community Wealth Partners
  • Corey Griffin, Associate Dir., Strategic Partnerships- Peace Corps
  • Radhika Parithivel, Co-Founder, Financial Literacy for Youth (FLY)
  • Michael Walton, Olympic sprinter, Non-profit professional
  • Cheryl Robinson,  Deputy Director DC Housing Authority

Experiential Learning

Students are part of a special experiential learning model comprised of dynamic courses, seminars, workshops, competitions, volunteerism and company creation activities. They participate in a variety of creative and innovative thinking exercises and hands-on projects. In collaboration with faculty who have launched, operated, and advised successful ventures, students develop their business ideas and create team-based product and service plans.

Global Entrepreneurship Semester

Global Entrepreneurship Semester

The Global Entrepreneurship Semester (GES) is designed to give students the opportunity to experience dynamic entrepreneurial cultures and environments around the world. A joint initiative of the Office of International Affairs and the Honors College Entrepreneurship & Innovation Program, this full-year program combines one semester of on-campus instruction and preparation with one semester of coursework and experiential learning abroad.

More information about the Global Entrepreneurship Semester

Maryland Social Entrepreneur Corps

During the past three years, EIP students have comprised about 25% of the Maryland Social Entrepreneur Corps (MSEC). The Maryland Social Entrepreneur Corps is a structured social impact immersion program where UMD students engage and work directly with communities worldwide for creating sustainable entrepreneurial solutions to complex challenges. This program is administered by UMD Education Abroad (EA), in partnership with various academic units on campus and community-based organizations abroad. In 2014, Education Abroad offered MSEC summer programs in the Dominican Republic and Nicaragua. Completion of this program also substitutes for one Honors Seminar requirement. For more information, please visit https://globalmaryland.umd.edu/offices/office-international-affairs/maryland-social-entrepreneur-corps

Participating in MSEC fulfills 9 credits toward graduation and 1 Honors Seminar requirement for EIP.