MGT646 Application for Fall 2020
The purpose of this course is to provide students with a mechanism by which they can work on their start-up ventures for credit, applying principles derived from their other coursework, particularly Yale SOM's integrated core curriculum and introductory entrepreneurship elective.

Admission to MGT646 is by application only and is limited to Yale SOM degree candidates or joint degree candidates. To apply for Fall 2020, please fill out the application below.

Founder's Practicum is an advanced level class. As such, preference for admissions will be given to students who already have a foundational understanding of entrepreneurship. This can be demonstrated in one of several ways: completion of one of the introductory entrepreneurship courses (eg, Entrepreneurship and New Ventures); participation in one or more of the accelerator programs hosted by Tsai CITY; or, prior experience as a founder, an employee at an early-stage venture or non-profit, or a venture capitalist.

Although it is not required, we strongly suggest that you apply as a member of a team. IF YOU HAVE MULTIPLE STUDENTS ON YOUR TEAM, EACH STUDENT SHOULD SUBMIT A SEPARATE APPLICATION. You can copy and paste shared content.

We evaluate both the individual applications, as well as the team as a whole, when making our decisions. Although we encourage you to join as a team, it is challenging to accept large teams into the course due the course's limited size.

Applications are due by 11:59 PM on Monday, August 10, 2020. If additional clarification is needed, students will be asked to participate in a phone or in-person interview. Students will be notified, on a rolling basis, of their admission into the class no later than Saturday, August 15, 2020. Most will be notified sooner. PLEASE NOTE: you do not have to bid for this class; admissions is based solely on the application. Please plan your bidding strategy accordingly.

We hope to create a diverse class of ventures. The primary dimensions of diversity that concern us are experience (early stage start-ups vs. later stage start-ups), profit orientation (non-profit, for profit), market geography, business model (service, product, digital, physical). Some of the learning in class is peer-based, so we are also looking for students who display a willingness and history of contributing to the lives of others.

Teams and individual team members are evaluated using several criteria, including the following:  Do you have an idea for a product or service that is "scalable" and has the potential to create significant impact (e.g., a large social or financial ROI)? Is your team passionate about the idea? Have you done work already to validate the idea? Do you have the enthusiasm and expertise necessary to execute? Do you have the willingness and ability to provide and receive feedback? Have you demonstrated an ability to launch projects independently in the past?

Please understand that if you are not admitted into the course, this is in no way an indication that we do not believe that your venture will be a success. There are many entrepreneurs who will not be accepted who will go on to do wonderful things. Indeed, it is common for relatively advanced entrepreneurs to not be admitted to the course. We are simply limited by space and faculty time constraints---given those constraints we attempt to select teams in order to maximize student learning.

This is a 4 credit course. Please note that the class meets weekly as a group on Tuesdays from 11:45am to 12:45pm. You will also be asked to set up a weekly meeting with a faculty mentor. These mentor meetings are typically 30-45 minute conversations between your team and your faculty mentor; during the fall, these will be held remotely. Additionally, we will have several small group discussion sessions throughout the semester on various topics related to launching a new venture. These sessions will provide an opportunity for you to have more in-depth conversations on particular topics with founders, investors, and other practitioners.

If you have questions when you are filling out the application, please reach out to Jennifer McFadden, Lecturer and Associate Director of Entrepreneurial Programs, at jennifer.mcfadden@yale.edu
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At what stage is your company, non-profit or social venture? *
Please explain why you want to participate in Founder's Practicum. (Please note: If you are part of a team, each of you should supply an individual response to this question.) *
Have you participated in any entrepreneurial programming across campus (e.g., courses at the CEID, the Tsai CITY accelerator)? If yes, please describe. *
Which entrepreneurship courses (eg, Entrepreneurship and New Ventures, Founder's Studies, Entrepreneurial Finance, etc.) have you taken at SOM? *
Have you launched or worked in a startup (including early stage non-profits or social ventures)? *
If yes, please describe your experience.
In 3 sentences or less, describe your venture. *
Tell us more: What exactly do you do? Why did you start the company/non-profit/social venture? What problem are you solving? (750 words or less | All team members can submit the same answer.) *
What is unique about your product or service? (250 words or less | All team members can submit the same answer.) *
What is your long-term vision for your venture? What will it look like in 10 years? (250 words or less | All team members can submit the same answer.) *
Why is your team uniquely qualified to solve this problem? How long have you been working together? (250 words or less | All team members can submit the same answer.) *
What specific actions have you taken so far to validate your idea and move your venture forward? These could include things like talking to 10 potential customers; researching the market and competitors; scoping out product specs; building a prototype; and developing a list of potential grantors or investors. (250 words or less | All team members can submit the same answer.) *
What are the 5 most important things that you need to get done during the first 6 weeks of the class? Why do you think these are your most important tasks? What will you learn by executing? How are you planning to get these done? Who on your team is responsible for getting the tasks done?  (2 pages or less | All team members can submit the same answer.) *
Is it your goal to work on this venture full-time after graduation or during the summer? *
List the names and websites of 3 of your competitors. (All team members can submit the same answer.) *
Community is an important component to this course. What skills do you have (eg, marketing/branding, finance/fundraising) that you could share with others in the class? *
First Name *
Last Name *
Email Address *
What is your NetID? *
What is your UPI?
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