CSAIL and MIT EECS have launched an entrepreneurship program for 2012/2013 that includes a new Spring 2013 subject, Entrepreneurship Project. The subject is available to both undergraduates and graduate students under the number 6.S078. Entrepreneurship Project is an intensive project experience in enterprise planning, formation, and execution planning. Each participating team will work on their own project and will have access to faculty, venture capital advisers, and outside commercial mentors. Entrepreneurship Project is a graded subject. Units are by arrangement, but are typically 12 to 24 units and correspond to the number of hours per week each participant will invest in subject activity.

Each participant will need to be highly motivated to work independently. Teams are preferred, but not all members of a team need to register for credit. Weekly meetings will provide an opportunity to hear lectures from distinguished entrepreneurs, make contact with faculty and other mentors, and stay connected to the subject's community. In addition, we will have a demo day event where will you will present.

To participate in Entrepreneurship Project you must apply by January 11, 2012, with a one page proposal. Mail your proposal in PDF format to startup@csail.mit.edu, and it must explicitly include the following points:

1. Who is on your team, and which team members are applying to register for Entrepreneurship Project. All of the team members that are taking Entrepreneurship Project must be current MIT undergraduate or graduate students. Each participant must indicate the number of units they wish to receive, as well as the email address of their faculty advisor.
2. What opportunity area will you investigate, what you have done so far in this area, and what do you plan to do during Spring Term 2013 with a list of deliverables and a schedule.

1. Commercialization (such as incorporation) of projects may occur only after the class is over
2. There is no implied equity ownership after the class is over for participating in a team
3. Existing MIT intellectual property policies apply to any commercialization of class projects (see Guide to Ownership, Distribution and Commercial Development of M.I.T. Technology)
4. Participants need to notify their supervisor if they are going to engage in commercialization after the class ends.