Summer Programs :

Entrepreneurship & Innovation


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Dates: from July 12-August 12, 2015

Cost: $6,000

Program Overview

The Technion Entrepreneurship and Innovation Summer School is an advanced month-long program for tech minded students seeking to develop ideas into a start-up or work in an entrepreneurial environment in fields like software, big data, cyber world, online media and related areas. Conducted in English, it is suited to students studying all fields of engineering, computer science, business, communications and other related disciplines.

This full month program aims to present the full circle of the entrepreneurship innovation cycle and eco-system, which includes:


  • The entrepreneur (me)
  • The organization (the company)
  • The eco-system of entrepreneurship (society)


All aspects of the entrepreneurship phenomena and eco-system from both an academic and practical standpoint will be addressed, as well as the economic value of innovative firms, the entrepreneurial capital formation process, and the migration of managed economies towards entrepreneurial economies. Later, the various financing mechanisms of start-up firms focusing on VC structure and operation will be examined.


Program Benefits:

  • Expose yourself to the Israeli entrepreneurial culture
  • Experience the “heat” of an entrepreneurial environment
  • Learn how to identify, value & capture business opportunities
  • Work as part of a team
  • Turn an idea into a start-up
  • Prepare a business plan for the commercialization of your idea
  • Present your plan to a panel of academics and industry specialists
  • Tour Israel and learn about its fascinating history and culture like Jerusalem, the Dead Sea and Tel Aviv, as well as places that had a significant role in the development of the “Start-Up Nation”


Program Highlights:

  • Stimulating academic workshops
  • Start-up simulations
  • Off-site activities including business and industry site visits
  • Meetings with Israeli business leaders in the different fields of expertise
  • Working in small teams with business mentors
  • Participating in a simulated VC presentation
  • Earn up to 7.5 Technion credits

The Opportunity – Discover the Birthplace of the “Start-Up Nation”

The program gives international students an opportunity to study and explore Israel’s fascinating business ecology and experience a taste of Technion’s high-level academic standards, while addressing one of the most critical fields in modern technology management: the initiation, development and expansion of technology firms in their early life.

Why Technion?

Technion is Israel’s premier institute for science, technology and applied research, having trained most of the country’s top engineers and managers and at the forefront of countless industry related research. Watch Technion’s involvement in Israel’s booming high-tech and start-up economy:

Technion Nation – Building Israel the Start-Up Nation

Technion – The Start-Up Nation’s University

Technion is the perfect place to study the eco-system of entrepreneurship and innovation

A recent MIT survey ranked Technion as one of the world’s leading universities (in 6thplace) for “Creating an Eco-System of Entrepreneurship and Innovation,” and as the best (Number 1) university in doing so under challenging conditions. To read more click here.

“…Israel has more high-tech start-ups per capita than any other nation on earth, by far. It leads the world in civilian research-and-development spending per capita. It ranks second behind the US in the number of companies listed on the NASDAQ. Israel, with seven million people, attracts as much venture capital as France and Germany combined…

David Brooks, The New York Times

* Opening of the program is contingent on the number of registered students.

** The program is subject to changes, at the discretion of TI.  

Program Dates:

  • From July 12 – August 12, 2015

Application Deadline: May 1, 2015

Academic Credits Earned: Up to 7.5 academic points.

 * Opening of the program is contingent on the number of registered students.

**The program is subject to changes, at the discretion of TI.  


The Entrepreneurship and Innovation Summer School is open to talented undergraduate students with a GPA of 80/3.0 and above.

A technology and business studies background is recommended but not required.
Students receive up to 7.5 Technion credits and a certificate for participation in the program. The program will open with a minimum of 10 students.


To begin your application process, click Apply Now to launch the online application system.


Students are asked to submit the following documents with their application:

  • Completed application form
  • Academic record, supplied through a transcript (original or approved copies)
  • A personal statement
  • Letter of recommendation from a faculty member or academic supervisor at your home institution*
  • Students from non-English speaking countries must either undergo a personal interview or submit their TOFEL/IELTS scores
  • $50 (USD) application fee (Non-Refundable),download here


*An original copy must be sent directly to the evaluator.

English Proficiency

Since academic programs at Technion International are taught entirely in English, applicants are required to demonstrate their English proficiency before their enrollment. Applicants from countries where English is not the primary language may be required to undergo an interview in English.

All forms and documents relating to your application should be sent to our Admissions Coordinator:
Ms. Lior Davidi

*Admission decisions will be based on a close evaluation of each application on a case by case basis. An emphasis will be placed on the academic performance of each candidate.


$6,000 (USD)

Includes accommodations and lunch on campus

Registration Fee $ 50 (USD)

The program costs include accommodations, medical insurance, lunch on campus and all excursions.

*Please note that the program costs do not cover applicants’ airfare.
**Prices are subject to change due to Technion decision, fluctuations in market prices and currency exchange rates.

Payment method

Amount Due date
Registration Fee (Non-Refundable) $50 Submitting application
Deposit $500 (USD) Acceptance to the program
Tuition $5,500 (USD) By June 1st

For more information contact us at:


Program participants will be housed at the Marom Hotel in Haifa. The hotel is located in a prestigious neighborhood on Mont Carmel, in a central but quiet location, with close proximity to most major points of interest in the city. Guests enjoy a warm and homey atmosphere and breathtaking views of the city and Haifa Bay.

For more information we urge you to contact our Admissions Coordinator at:

Areas Covered in the Program Include:

What is Entrepreneurship?

  1. Entrepreneurship as an economic and social phenomenon
  2. Creativity and innovation
  3. The Israeli entrepreneurial model (Introduction to the Israeli Economy)
  4. The Start-Up Nation: past, present, future
  5. Innovation and Entrepreneurship around the world
  6. Entrepreneurship and Academia – the Technion case
  7. What is social entrepreneurship?

The Entrepreneur (You)

  1. Identifying new opportunities – from intentions to actions
  2. An entrepreneurs’ passion and characteristics
  3. The psychology of entrepreneurship
  4. Communicating your ideas – from elevator pitch to business plan
  5. Entrepreneur’s decision making tactics and persistence
  6. The Founder’s Dilemma
  7. The Entrepreneurial Exit

The Entrepreneurial Organization (Company)

  1. Developing your Company:
    • Origin and circulation of ideas: idea processing from new idea to a new firm
    • Firm development stages
    • Market research and competitive analysis; market segmentation
    • Revenue models and pricing, sales and distribution strategy
    • Firm  Development Instruments:
      • The Business Plan
      • The Executive Summary
      • The Business Plan Presentation
      • The Investor Pitch
  1. Legal & tax aspects of the new venture
  2. Innovative structures of entrepreneurial organizations
  3. The lean start-up approach

Entrepreneurial Eco-System & Economy (Society)

  1. Economics of Entrepreneurship:
    1. Innovation, entrepreneurship and economic growth; Solow neoclassical economic growth model; Innovation as economic resource (Arrow 1962)
    2. The economic constraints of start-up firms; New projects borrowing capacity; Entrepreneurs, investors and financial intermediaries
  2. Financing Aspects of Entrepreneurship
    1. Numerical illustration of investment model; Financial aspects of entrepreneurship
    2. Financing mechanisms during firm life
    3. Introduction venture capital investments; Venture cycle, VC performance
    4. New financing instruments: crowd financing (and others); Simulation Lab: crowd funding campaign
  3. Economic policy in innovation and entrepreneurship – Policy design models
    1. The Israeli model of encouraging entrepreneurship (Chief Scientist)
  4. Intellectual property models and policy
  5. Technology Transfer


Specialization Project and Areas

  1. Developing a project from idea to business plan in the areas defined for the course: general technology, organizational software, online media, big data and other related areas
  2. Technology trends in related areas by industry experts
  3. IP issues related to software
  4. Product Design and User Interface workshops
  5. Innovation journalism, blogging and trends
  6. Cyber technology and trends


Courses & Syllabi

The program includes the following academic courses:

097657 : Organizations and Entrepreneurship (2.5 credits)

099745 : Fundamentals of High-Tech Companies (2 credit points)

094815 : Project in Entrepreneurship (3 credit points)

For a total of up to 7.5 academic credits


Teaching Method


The program consists of frontal lectures (courses 097657 and 098793) by a group of leading scholars and guest speakers from the industry according to their field of expertise, integrated in a holistic management education model.

The Project in Biomedical Innovation and Entrepreneurship (094815) has a hands-on training structure, whereby student teams work under the supervision of an academic and industry mentor on the development of a real idea into a potential high-tech start-up.


As detailed in the specific academic courses.


Upon completion of this full month program, students will receive a Technion diploma certifying their participation in the program, as well as transcripts for the academic credits gained (up to 7.5 credits). A student’s home university may accept these credits according to their own academic scales and evaluation.


Areas covered in seminars will include:

  1. Developing a project from idea to business plan in the areas defined for the course: general technology, organizational software, online media, big data and other related areas
  2. Technology trends in related areas by industry experts
  3. IP issues related to software
  4. Product Design and User Interface workshops
  5. Innovation journalism, blogging and trends
  6. Cyber technology and trends


Frequently Asked Questions


1. What kind of visa do I need in order to enter Israel?

Before entering the academic program, all students must clear their eligibility status for a student visa (type A2) or Israeli citizenship with the Israeli embassy or consulate in their country of origin. As of 2012, it’s no longer possible to enter Israel with a tourist visa and have it replaced with a student visa while in Israel. Once entering Israel with a tourist visa, the visitor must leave Israel after three months. All Visas will be handled after acceptance.

2. Who can apply for the Program?

Anyone who fits the academic requirements may apply for the Engineering & Science Courses Summer School Program.

3. What and to whom do I need to submit my application?

You need to submit an application form together with your university transcripts, CV, one letter of recommendation and application fee. All documents must be sent via email to

4. What is the minimum required grade point average for submitting an application?

The minimum required grade point average is 80/3.0 and above.

5. How many courses can I take during the Program?

We suggest you take a maximum of two academic courses during the program, since they are very intensive courses. You are also welcome to take the humanities course we offer. You cannot take the two Electrical engineering courses together.

6. What is the deadline for submitting an application?

The deadline for submitting an application is March 15. Please note that there are a limited number of scholarships available. We will not be able to award any more scholarships after this limit has been reached.

7. Where will I live?

Students are housed in the residential colleges (dormitories) on campus. Each room in a 3-bedroom apartment accommodates 2 students, and each apartment offers a shared kitchen and bathroom.

8. What other facilities does the Technion offer me during my stay?

Students have access to Technion’s excellent sports facilities that include 3 swimming pools (one Olympic-sized), gym, tennis and squash courts, a movie theater, over 20 cafeterias, a pub, and laboratories as required.

9. What is the cost of the program ?

The cost of the program is $6,000. It includes your tuition, housing and all other program activities (trips, industry visits, medical insurance, labs, etc.). The Program costs does not include airfare , meals or other expenses.

10. How do I submit a recommendation letter?

An original copy of your recommendation letter must be sent directly from the evaluator to

11. I am a graduate student, do you need me to send also my undergraduate transcript?

No, you can send us your graduate transcripts only. If we will need to see copies of your undergraduate transcripts we will notify you.