I&E and LSB Newsletter Summer 2016
As the 2015-16 academic year comes to an end we continue to see a growing vibrancy of and student engagement in the Innovation and Entrepreneurship (I&E) program and the Lawrence Scholars in Business (LSB). Much of this year’s growth is due to the increasing engagement of our alumni in the programs. This newsletter combines an update on two of Lawrence’s more exciting programs. Given the overlap of interests in these programs amongst alumni, we thought we could cut down on emails to you by combining the updates into one newsletter.
This past year has been a very busy and successful one for both programs.
Innovation & Entrepreneurship
This academic year saw the formal recognition of I&E as an interdisciplinary program by the university’s faculty. The popularity of the courses in the interdisciplinary program continues to grow with courses in both the College and the Conservatory oversubscribed.
One aspect of the program that is receiving wide acclaim from students is the mentoring program. The mentoring program pairs alumni with a group of students to provide additional coaching and support as the students work to develop a business case on a specific product idea. To date, the In Pursuit of Innovation and Entrepreneurial Venture courses have used this mentoring arrangement. Alumni Mentors meet with the students, usually through conference calls, about 1 to 2 hours every two weeks to review their progress and help keep them on track.
Starting next year we will be expanding the mentoring program to include the Social Entrepreneurship course. Additionally, we will be placing more specific requirements on the students in working with their mentors to ensure we strengthen the student’s presentation and meeting management skills. If you are interested in mentoring a group of students, please contact Scott Myers ’79.
Lawrence Scholars in Business
Partnering with Career Services, the LSB program introduces students to a variety of industries and helps them prepare for life after Lawrence. We continue to offer both on campus and off campus seminars in which students hear from alumni about the various aspects of industries from investment banking and consulting to consumer products and health care. This past year, through the help of David Eddy ’81 and a number of other alumni, we added a ‘D’ Term LSB session, Shadow Silicon Valley during the December break. After a competitive application process, a group of students were selected to have the opportunity to meet with a variety of start-up companies in Silicon Valley and discuss the various issues associated with launching new companies.
The LSB program continues to not only help our students understand the opportunities in the business world, but also to find jobs. For example, this year’s LSB seminar on the healthcare industry led to three students receiving job offers from Optum’s Life Science Consulting group.
We are also pleased that, once again, our LSB Scholars have landed exciting opportunities. Last year’s Scholars have been hired by Deloitte Consulting and Facebook while this year’s Scholars will be interning at a consulting firm and regional economic development organization.