The Weiss Tech House
is a student-run hub of technological innovation at the University of Pennsylvania that encourages and supports students in the creation, development, and commercialization of innovative technologies.
Since 2003, students with a broad range of technological interests and skills have come here to explore, collaborate and learn as part of our community of innovators. Aspiring student innovators and entrepreneurs have taken advantage of programming and resources such as lab space, funding, competition, and mentoring opportunities to develop and launch innovative technologies to market. Others have found their niche volunteering on one of six student committees, developing leadership skills and friendships that have lasted well beyond graduation.
The Weiss Tech House provides a unique educational experience that nurtures creativity and imagination in an action-oriented context that motivates learning and fosters critical problem solving skills.
Wharton Entrepreneurial Programs
Wharton Entrepreneurial Programs (WEP) is widely considered one the most influential centers of entrepreneurship in the world. The Wharton School was the first to develop a fully integrated curriculum of entrepreneurial studies in 1973. Today the Goergen Entrepreneurial Management Program, named in honor of Wharton alumnus and benefactor, Robert Goergen, is one of the largest entrepreneurial teaching programs available, offering more than 20 courses to some 2,000 students and entrepreneurs. The faculty of over 20 professors and practitioners teach courses for undergraduate and graduate students and guide initiatives for entrepreneurs.
The Sol C. Snider Entrepreneurial Research Center, named by its benefactor, Philadelphia Flyers owner Ed Snider in memory of his father, was the first Center dedicated to the study of entrepreneurship. Working around the world to advance understanding of entrepreneurship, Wharton researchers produce studies drawn from analysis in China, South Africa, the US and many other economies. Current research is focused on a range of topics such as large-scale job creation, productivity and international competitiveness.
Entrepreneurial outreach activities are the third component of WEP and include the following:
The world-renowned Wharton Business Plan Competition.
The Wharton Venture Initiation Program (VIP), an educational program offering guidance, mentoring, and support to University of Pennsylvania students.
The Wharton Small Business Development Center, which has assisted hundreds of regional businesses over two decades.
The Entrepreneur in Residence Program offering Penn students “speed” mentoring sessions with successful business owners – including many Wharton alumni.
M&T Innovation Fund
The M&T Innovation Fund is a new, University and M&T Program backed student run organization looking to provide non-equity grants for seed-stage ventures started by current Penn students or recent M&T alumni. Grants range from $1000 to $5000.
The Fund is managed and operated by current M&T students from all class years. Faculty advisers, M&T Program administration, and M&T alumni act as support for the Fund. Current students work for either the Investment team or the Value Creation team within the Fund.
The Investment team sources ventures, conducts due diligence, and makes the final investment decisions. A rigorous evaluation process allows the Fund to target high quality, technical ventures.
The Value Creation team acts as consultants for each backed venture. The Value Creation team provides insights into evaluating new markets, growing customer bases, developing and commercializing technologies, and connecting teams with mentors, legal advisors, and additional funding.
M&T Intern Fellowship Award
In the summer of 2007, the M&T Program launched a new initiative aimed at assisting students in the pursuit of internships at early stage companies. Now in its eighth year, the Intern Fellowship Award provides partial summer support to selected M&T students who are pursuing an entrepreneurial venture over the summer. Preference for the award is given to internships offered by or through M&T alumni. In 2014, we supported 24 students with stipends between $1500 and $3000.
M&T Student Board Entrepreneurial Events
During the 2014-2015 academic year, the M&T Student Board organized several entrepreneurial events for M&T students including the M&T Start Up Panel, brown bag lunches with alumni who have started their own companies, and a Career Trek to New York with visits to Palantir, Goldman Sachs, and Evercore.