Corporate entrepreneurship, also known as “corporate venturing” or “intrapreneurship,” is the act of initiating new ventures within an already-established business or organization. Housed in a nationally-ranked undergraduate business school, the Institute for Entrepreneurship provides students with the opportunity to research, consult and create with several Fortune 500 companies in the Greater Cincinnati Region and beyond, including Kroger, Procter and Gamble, Sears Optical (a division of Luxxotica), 84.51, Cohen, Pearson, ConAgra Foods and Fifth Third Bank. Through “Project High Flight,” a built-in partnership with Miami’s College of Engineering and Computing, Entrepreneurship students can also gain valuable experience in commercializing new aviation technologies.
In ESP 461: Entrepreneurial Consulting, students work with corporate clients to generate fresh, innovative solutions to the challenges of their business and industry. Students gain vital consulting experience, along with the opportunity to meet and present to senior-level executives.
Past clients include:
- Sears Optical (a division of Luxxotica)
- ConAgra Foods
- Fifth Third
There is also a J-term option that contains a study-away component Creative Consulting in San Francisco.
Technology Innovation and Commercialization Program
Miami University, the Office of Research and Innovation (ORI), and the Institute for Entrepreneurship collaborate with the Wright Brothers Institute (WBI) and the University of Dayton to identify technologies from an Air Force Research Lab (AFRL) portfolio of more than 1,000 patents that have potential commercial use for public good.
Technological advances include innovations in energy storage, healthcare monitoring, and advanced manufacturing go far beyond military sciences. The agreement established the Miami University–AFRL Research Technology Commercialization Accelerator, a collaboration that provides Miami University faculty, staff, and students support in reviewing and accessing the lab’s entire open portfolio of patents and patent applications.
Our client-consultant relationship with the students in the Entrepreneurship Program at Miami University was akin to those of professional (consulting) agencies. Each group had great curiosity about our business and industry. They formulated a strategy of learning our business and delighted us with their research and intelligent questions throughout the process…Their final presentations left us with several new ideas which we will be testing as growth drivers.
Senior Vice President/Manager, Sears Optical (Luxxotica)
Students from the Institute for Entrepreneurship completed a project on a very broad and complicated topic for us at 84.51. Consistently throughout the semester, I was impressed with the level of dedication and insight the students brought to the table while exhibiting the courage to have a point of view on how the insights should be actioned. We look forward to taking their recommendations forward with our own clients.
Director of Solutions Consulting, 84.51