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FROM Darden Admissions Blog: The 2014 i.Lab Incubator Class is the Largest Yet |
The Batten Institute for Entrepreneurship and Innovation at the Darden School of Business recently announced the ventures accepted into the 2014 W.L. Lyons Brown III Innovation Laboratory (i.Lab) incubator. The i.Lab is a University-wide initiative, housed at the Darden School, which includes an incubator supporting early-stage business ventures from U.Va. and the Charlottesville community. The 2014 cohort is the largest in the 14-year history of the incubator program. The 26 ventures in the group, chosen from 47 applications, include 14 founded by Darden students; six started by current U.Va. students, faculty members or recent U.Va. graduates; and six created by members of the local Charlottesville community. The i.Lab incubator provides participating ventures with a $5,000 grant, office space, mentoring support, networking opportunities with local entrepreneurs and investors, and access to legal, accounting and technological expertise. The program consists of a 10-week summer accelerator followed by a one-year residency, during which participants develop and refine their business ideas and participate in a community of fellow entrepreneurs. The ventures in the 2014 cohort represent industries such as medicine, technology, fashion, the arts, new media and social entrepreneurship. Among this year’s ventures:
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FROM Darden Admissions Blog: Darden MBA Faculty: Inspiring Ethical Business Leaders |
Darden is the only business school to be in the top 20th percentile of MBA graduate satisfaction in teaching quality for 24 consecutive years (Businessweek). In addition to being known for their open-door policy and high level of interaction with students, Darden faculty members continue to be innovators in business school education, developing new courses, cases and simulations in the case method. You can learn more about our faculty and their research on the Darden Ideas to Action website, which shares business research, analysis and commentary from Darden’s highly acclaimed faculty. The site presents information on an array of business topics, including accounting, finance, leadership, strategy, operations, entrepreneurship, innovation, growth and global markets, offering forward-thinking business leaders ideas they can immediately put into action in the workplace. “At Darden, we focus on the challenges executives face every day in the business world,” said S. Venkataraman, Darden’s senior associate dean for faculty and research. “We believe the information gathered on Darden Ideas to Action— culled from books, research papers and case studies written by Darden faculty, as well as insights from Darden’s 10 research Centers of Excellence, and conferences and events sponsored by the School — will inspire and equip managers with new knowledge and skills as they lead organizations in today’s complex, global world.” Learn more about faculty and research at Darden on our website or in the video below. Video: Developing Responsible Leaders and Advancing Business Knowledge |
FROM Darden Admissions Blog: Student Blog: Battlegrounds and Boardrooms |
Beginning in the spring of their First Year, Darden students can choose from a variety of global opportunities, experiential learning projects and classroom electives specific to their areas of interest. There are over 100 electives to choose from in the First and Second Year. First Year Archana Rao writes about her experience in the elective course “Business & Leadership Lessons: The Battlefields of Gettysburg,” where she and several of her classmates traveled to Gettysburg with the U.S. Marine Corps Academy to learn lessons about leadership, teamwork and decision making by studying the history of the Battle of Gettysburg during the American Civil War: “I was overwhelmed with the plethora of parallels in business leadership that were waiting to be made using strategic battlefield decisions. Be it understanding ‘Key Terrain’ in a battle which directly translated to ‘competitive advantage in an industry,’ to how General Meade of the north ‘manages diversity of commanders’ character’ in his army to how a CEO ‘leverages diversity of thought and talent in an organization,’ there were inferences everywhere to be drawn.” Read more about Archana’s experience. |
FROM Darden Admissions Blog: Giving Back to the Community: Consulting with Local Entrepreneurs |
First and Second Year Darden students have many opportunities to engage with the Charlottesville community: participating in the Building Goodness in April project, collaborating with a local business in the i.Lab Incubator, consulting with area entrepreneurs through student clubs or elective courses, and more. Shwetha Shyam, a First Year Darden student, reflects on her experience consulting and training local non-traditional entrepreneurs: “As a First Year student at Darden, I was amazed at the numerous opportunities that existed within Community Consultants of Darden (CCoD) to make a significant impact in the community. CCoD provides marketing, operational, and strategic evaluation and planning services to visionary small businesses and non-profit organizations in the Charlottesville community. Darden students advising local entrepreneurs at CIC One such opportunity included helping the Community Investment Collaborative (CIC), a Charlottesville organization which provides entrepreneurial training for local non-traditional entrepreneurs. As a Darden MBA student, I was given the opportunity to interact with these entrepreneurs, draw upon my Darden classroom experiences and give them advice on formulating their own business and marketing plans. It was impressive how a number of them had full-time jobs and were incredibly busy, yet still passionate about starting their own businesses. Having taken the traditional corporate route myself, it was incredible to see how these entrepreneurs managed their time and worked to bring their ideas to life. They were very flexible, open to our input and willing to do whatever it took to make it. The entrepreneur whom I talked to worked weekends and committed a huge amount of time to the CIC despite the uncertainty around her venture. As a full-time nanny, she wanted to start a nanny business with her well-established network around Charlottesville. For me, being on the other side of the table, assuming the role of an advisor, brought on a huge rush. I was thrilled that she took my advice and used my insights to inform her business plan. I certainly know my fellow classmates felt the same. A lot of us are still in touch with these entrepreneurs and making sure they are getting all the help that they need! I hope to continue to be part of the CIC initiative during the upcoming months at Darden.” |
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