Technion’s Neubauer American Spring Semester in Entrepreneurship program is open to all students interested in exploring the Israeli and Technion entrepreneurial ecosystem and working in a start-up or an entrepreneurial environment.
March 20 – July 31, 2017
|January – March||Internship in a high tech/start-up company or a Technion laboratory|
|March – July||Academic classes|
|July – August||Option to continue internship|
For Spring Semester 2017, send your application by December 1, 2016
The Neubauer American Spring Semester in Entrepreneurship is an advanced 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.
The program aims to present the full circle of the entrepreneurship innovation cycle and ecosystem, which includes:
- The entrepreneur (me)
- The organization (the company)
- The ecosystem 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.
Neubauer American Spring Semester in Entrepreneurship
The Program combines academic studies with practice to introduce the Israeli-Technion start-up ecosystem to our students.
- 3-Day-Startup - Over the course of 3 intense days, participants go through a mock intensive process of starting a company to get them acquainted with the spirit of the Technion and the upcoming semester. Students will brainstorm ideas, conduct market validation, develop business models, build prototypes, create branding and pitch to investors and successful Israeli entrepreneurs.
- A variety of academic classes in areas of entrepreneurship and innovation offered throughout the semester in classes with Israeli students.
- A variety of related business courses including marketing, organizational behavior, negotiations etc.
- Personal mentoring in an accelerating environment to assist in developing your next idea.
- Weekly meetings with entrepreneurs and monthly visits to start-up and high tech companies.
- Exciting extracurricular and academic activities.
- Stimulating academic courses
- 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 20 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.
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 is the perfect place to study the ecosystem of entrepreneurship and innovation
A recent MIT survey ranked Technion as one of the world’s leading universities (in 6thplace) for “Creating an Ecosystem 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
Neubauer Entrepreneurship Spring Semester combines academic studies with practice to introduce the Israeli-Technion startup ecosystem to our students
Basic & In-Depth Entrepreneurship & Business Academic Courses
Basic academic essentials you will need to understand the entrepreneurship ecosystem in general and the Israeli Startup environment in particular.
- 094815 Business Plan for Commercializing (3 Academic Credits)
- 097657 Organizations and Entrepreneurship (Introduction to Entrepreneurship) (3 Academic Credits)
- 099760 Managerial Negotiation (2 Academic Credits)
- 096809 Social Ventures (3.5 Academic Credits)
- 096581 Selected topics in Economics (2.5 Academic Credits)
Experience in Entrepreneurship
Study the basic essentials you need to understand the ecosystem of entrepreneurship in general and the Israeli Startup Environment.
- 3-Day-Startup(Wed-Fri) – to get things started, we will hold a 3-day intensive entrepreneurship workshop where participants brainstorm ideas, conduct market validation, develop business models, build prototypes, create branding and pitch to investors and successful entrepreneurs.
- 32864 Technology Entrepreneurship (1 Credit) – involving weekly meetings with Israeli entrepreneurs from a variety of industry areas
- Monthly visits to high-tech and start-up companies
- 094815 Project in Entrepreneurship– the heart of the Entrepreneurship Semester will be a project course. Students will work in teams and apply the concepts taught in the program to develop an idea (of their own or proposed by the course instructor) into a new high-tech business model, by writing a business plan for its commercialization including technology assessment of the invention, patent search, discovering possible applications of the technology, and designing a first cut business model and resource plan. Teams are expected to gather related information on the technology, industry and markets. Students will also write an
- executive summary and present it in front of a panel of academics and industry experts simulating an investor “pitch” presentation.
- Internship in a High-Tech or Start-up Company – Internships are arranged through an external provider – Israel Way. Students can start an internship program prior to the beginning of the semester (January-March), which may be extended throughout and after the semester. The minimum duration of a full-time internship is 8 weeks.
- Research Internship in a Technion Laboratory – International students have an opportunity to conduct scientific research in one of the Technion’s engineering/science laboratories, arranged through Technion International. The internship can last anywhere between 3-12 months and is dependent on approval by the relevant faculty member.
Additional Courses & Activities
You may choose additional courses and activities in English offered by Technion International:
- Engineering and science courses in a variety of areas
- Humanities courses in history and culture studies
All students of the Neubauer Semester Program will receive on campus or off campus housing provided by Technion. Housing costs can range between $380-$500 per month depending on the number of tenants per room, quality of room and location
Technion International also provides a comprehensive Orientation day designed to familiarize students with the campus and surrounding neighbourhoods, and to provide a general guide to student life in Israel. Orientation presents you with such “survival tips” as acquiring a student card, email account and internet access code, opening an Israeli bank account, getting a cellphone, and getting around the sprawling Technion campus and your dormitory.
March 20 – July 31, 2017
Time Table (for Spring 2017)
January – March Internship in a start-up company or a Technion laboratory
March – July Academic Classes
July August Option to Continue internship
Application deadline for the Spring Semester is December 1, 2016.
Internships should be applied for at least 2 months in advance.
Admission to the Entrepreneurship Semester program requires an average of 80/3.0 and above.
To begin your application process, click “Apply Now“ to launch the online application system.
A Skype interview with one of the programs mentors or academic managers may also be required as part of the admissions process.
Your application package must include the following documents:
- Two letters of recommendation*
- A personal statement outlining why you want to study at the Technion
- Resume with passport size picture
- Transcripts (original or approved copies)
- $60 application fee
- Students from non-English speaking countries must either undergo a personal interview or submit their TOFEL/IELTS scores
*An original copy must be sent directly from the recommender.
Since the academic program at Technion International is 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 a Skype interview in English.
All forms and documents relating to your application should be sent to our Study Abroad Coordinator, at firstname.lastname@example.org
Admission decisions will be based on a close evaluation of each application on a case by case basis. Emphasis will be placed on the academic performance of each candidate.
|Registration Fee (Non-Refundable)||$60 USD|
|Tuition (without internship)||$9,000 USD|
|Tuition (with internship)||$10,500 USD|
|On-Campus Housing (per month)||$380 USD|
|Health Insurance & Estimated Living Expenses (per semester)||$4,000 USD|
* Please note that tuition fees do not cover applicants’ airfare to and from Israel.
** Prices are subject to change due to Technion decision, fluctuations in market prices and currency exchange rates.
Entrepreneurship and Innovation
|094815||Business Plan for Commercializing||3 Academic Credits||097657||Organizations and Entrepreneurship||3 Academic Credits|
|096807||Social Ventures||3.5 Academic Credits||099760||Managerial Negotiation||2 Academic Credits|
|096581||Selected topics in Economics||2.5 Academic Credits||324881||Topics in the History of the Jewish People||2 Academic credits|
|324880||Archaeology and History in the Holy Land||2 Academic credits|
More information here.