Chalmers School of Entrepreneurship

<h2>Education</h2>
<p>The Master's programme <strong>Entrepreneurship and Business Design</strong> is also known as Chalmers School of Entrepreneurship. This is an environment where entrepreneurship is experienced and not only taught in classrooms. Here students work with real venture projects during the education and apply their knowledge, creativity and entrepreneurial ability in real settings. We combine an internationally acknowledged academic education and research with real value-creation in an entrepreneurial environment. Unlike other Chalmers programmes, it’s not only open to engineering students but also to students with backgrounds in business, economics, law, science and design.</p>
<p>The two-year international Master of Science programme develops your entrepreneurial ability through a combination of classroom teaching, simulated business scenarios and the development of real R&amp;D-based innovation projects.</p>
<p>Details about the programme, such as curriculum and how to apply, are available at <a href="/en/education/find-masters-programme/entrepreneurship-and-business-design-msc/" title="Entrepreneurship and business design, MSc">Chalmers’ Master’s Programmes websites</a>.</p>

Entrepreneurship and business design, MSc

Enter an environment where you’ll receive a true taste of entrepreneurship. You will find yourself actively working with real venture projects, applying your knowledge, insight, and entrepreneurial ability in real-life settings.
This master’s programme, also known as the Chalmers school of entrepreneurship, offers an internationally acknowledged academic education with real value-creation and impact in an entrepreneurial setting. The co-creation, action-based design of the programme, involves teamwork as well as autonomy and collective decision-making, preparing you for a sustainable and entrepreneurial career after graduation.​

<p>For the latest information and interesting stories, please follow Chalmers School of Entrepreneurship on <a rel="noopener" href="https://www.instagram.com/chalmers_entrepreneurship/" target="_blank" title="On Instagram">Instagram</a> and <a rel="noopener" href="https://www.facebook.com/ChalmersSchoolofEntrepreneurship/" target="_blank" title="On Facebook">Facebook</a>.</p>
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<h3>More about the elective tracks:</h3>

<p>Entrepreneurship is becoming a critical corporate capability as we see more disruptive and radical innovation. The Corporate Entrepreneurship track (CORP) offers students an opportunity to develop their entrepreneurial capabilities through running an innovation project within a partner company, together with dedicated faculty and company mentors.</p>
<p>Within the CORP track, students acquire entrepreneurial skills through developing innovation and handling complexities within large firms. During the second year, students work in pairs and operatively run an innovation project while at the same time learning how to handle organizational relationships. While being primarily operative, the projects are also anchored in the top management and there seen as a tool for infusing more entrepreneurial capabilities throughout the organization.<br /> <br />This track focuses on the role and skills of being entrepreneurial within an established organizational context. This includes connecting technologies to new customers and needs while mobilizing resources and anchoring opportunities in a corporate setting. Mentoring and peer-learning in this track focus upon how to manage relationships, how to communicate both externally and internally, and how to manage and organize for innovation and change.</p>
<h4>Entrepreneurial Leadership Lab</h4>
<p>The Corporate Entrepreneurship track is part of the Entrepreneurial Leadership Lab run by the Center for Higher Ambition Leadership, together with corporate partners. The purpose of the lab is to enable partner firms to become more innovative and entrepreneurial, and to learn and to rethink together with faculty and students. In one-year partnerships linked to the lab, two students will take on a more disruptive innovation project as their thesis-work.<br /> <br />The benefits of the lab are many. Companies get access to action-oriented faculty with entrepreneurial and corporate experience. It opens up a chance to try out new ideas and improve the business while getting to know ambitious students from Chalmers. And most importantly, students will learn at a rapid pace.<br /> <br />The lab enables more radical projects to progress in partner organizations while offering an experiential and reflective education into how to drive innovation and renewal. The Entrepreneurial Leadership Lab has worked with companies from the automotive industry, medtech, energy, media, to name a few.</p>
<h4>Running a project for an entire year</h4>
<p>During the first year of the program, you are offered to be involved in attracting corporate partners for the Entrepreneurial Leadership Lab. During the second semester you pursue the project-based Idea Evaluation course which also results in them being paired up and assigned a corporate partner to run an innovation project. Starting in September this project constitutes the main foundation for a one-year master thesis. Apart from being at the corporate partners and in the field connecting with new customers etc., you are also expected to be regularly in the school environment for joint reflective and learning sessions. Running a project for an entire year offers you intense learning in how to navigate through different hurdles and to progress an innovation project.</p>
<h4>After graduation</h4>
<p>Students from this track have great opportunities for leading roles and positions in large corporations in all areas. Graduates from this track typically have roles within business development and as project managers or in other managerial roles. Many students have been hired by the partner company they have worked with in order to continue developing the project started during the education. Some also use their gained entrepreneurial capabilities to start and run their own companies.</p>

<p>As part of the Technology Venture Creation (TECH) track, our students are in the driver’s seat of an innovative techology based project and develop hands-on skills in business creation and entrepreneurial leadership. When we founded Chalmers School of Entrepreneurship back in 1997 it was with the intention to bridge the gap between university research and commercial reality – to create real value while obtaining an academic education. Today the Technology Venture Creation track is a vital part of the leading technology start-up environment in Sweden.</p>
<p>The mission to develop entrepreneurs and advanced technology ventures is carried out in cooperation with idea partners from academic research and R&amp;D departments at major firms. Together we work to transform promising ideas and research projects into thriving businesses. Through this reality-based approach, we educate entrepreneurial leaders fit for running start-ups as well as business development in established firms.<br /> <br />The key to this innovative value creation is the students and the teams they form during the education. By acquiring knowledge, tools and the competence needed to shape the future of technology ventures and projects, and being allowed to apply their creativity on real innovation projects, the students create real value for the project as well as develop their entrepreneurial ability through a true “learning-by-doing” pedagogy.<br /> <br />In addition to the academic education, the school’s close connection with experienced entrepreneurs and the entrepreneurial eco system forms a valuable network of support and advice for the students doing technology venturing.</p>
<h4>Real Venture Creation</h4>
<p>During the second semester of the program, TECHtrack students are divided into teams, which are then matched with researchers and innovators who have ideas with commercial potential. During the second year, , the students engage in the commercial development of the project, such as attracting funding, technology &amp; product development, building team and the creation of IP. The real venture creation is combined with academic Master’s Thesis work. Taking care of daily business generates empirical data, which is then anchored with theory and verified through academic methods.<br /> <br />The venture projects our students work with are relevant in a variety of application areas. They create ventures within renewable energy, medical devices, artificial intelligence, and new materials, just to name a few.<br />Our students do not merely learn a topic or prepare for a career, but learn by acting, creating and reflecting. They are given the opportunity to assess innovative ideas, start companies, drive social entrepreneurship projects or work on entrepreneurial projects within large organizations.</p>
<h4>A chance to be an owner of a start-up</h4>
<p>Each year, 4-5 of the venture projects developed by the students within the Technology Venture Creation track are incorporated together with Chalmers Ventures – Chalmers incubator and seed-financier. This creates an opportunity for one or more of the students involved in the project to carry on as business developers within the newly formed company.<br /> <br />Each student involved in an innovation project that is successfully incorporated can gain an ownership stake. Students who continue to work operatively normally obtain an even larger share. Those students not ending up incorporating still have strong ties and networks into the venture creation ecosystem and its continuous flow of opportunities. And have usually obtained a Master of Science degree.</p>
<h4>After graduation</h4>
<p>A majority of the students from the TECH track operate as entrepreneurial leaders and managers today. Around a third of the venture track alumni continue in new ventures, either founded as part of the education or later. TECH track alumni are keen on identifying and realizing new opportunities wherever they operate. Hence, the majority of alumni from this track pursue careers as business developers, projects managers, management consultants, investment managers and executives in leading corporations spanning over media, med-tech, telecom, IT and beyond.</p>
<h4>In collaboration with Chalmers Ventures</h4>
<p><a rel="noopener" href="https://chalmersventures.com/" target="_blank" title="CHalmers Ventures">Chalmers Ventures</a> is an incubator and seed-investor, fully owned by Chalmers. Since 2001, the close relationship between the school and an incubator has created a sophisticated mechanism to enhance both entrepreneurial learning as well as value creation coming from ventures. Chalmers Ventures engages in the TECH track by recruiting idea partners, , with promising spin-off ideas that need complementary entrepreneurial competence to move on. Student teams are then formed with idea partners around selected ideas, allowing learning as well as value to be created during the final year of the master’s program. Chalmers Ventures takes responsibility for incorporating the promising ventures together with idea partners, track students and other identified key persons. This can occur at any time during the final year of the education or after graduation.</p>

<h4>ANYO labs</h4>
<p>Today’s methods for drug discovery were developed 20-30 years ago, they are slow, resource heavy and costly for the pharmaceutical companies. The team behind ANYO labs has developed the 'beyond state-of-the-art' ML based tool i-TripleD for extremely fast and accurate de novo drug discovery. The developed scoring function is benchmarked against three 'standard' test sets and show Scoring power, Ranking power and Screening power that outperforms existing scoring functions, both commercially available "traditional" docking and ML based solutions.</p>
<p>With our new volume based ultrafast screening methodology we can screen vast libraries of compounds in a few seconds. The screening and prediction modules are combined with modules to generate chemically valid de novo compounds (currently we produce &gt;1300 compounds/second, with &gt;95% chemical validity and uniqueness) and advanced filters of, e.g., synthetic accessibility, medicinal chemistry filtering and ADME/toxicity, to form a complete drug discovery tool. We envision that i-TripleD will redefine the methods and workflows used in drug discovery, leading the way in this new data-based age.</p>
<h4>Doora</h4>
<p>Our home is the place where we spend most of our time. It is our safe space where we keep all the belongings that really matter to us. It is natural to keep watch over our home, to protect that which we love. Last year, forty eight percent of burglaries in Sweden were done to apartments. Unfortunately, security options for apartment owners and tenants are insufficient and rarely used. With alarm systems on the market demanding manual activation and deactivation while costing a fortune, the added security does not outweigh the drawbacks. Especially considering that expensive false alarms are common.</p>
<p>Our solution provides security and peace of mind to your apartment in a completely new way. Doora is integrated within your current door, and relays information about it to your phone. With a Doora installed, you are notified when you leave your door open and when you forget to lock it. You can check on your apartment from anywhere, giving you peace of mind. Doora also acts as an alarm system which automatically activates &amp; deactivates by using your regular key. By being a smart alarm that understands your door, it eliminates false alarms, and instantly alarms in case of a breach.</p>
<h4>DSAqua</h4>
<p>Today, sub-optimized water treatment results in unnecessary use of resources, such as treatment chemicals, manpower, and time. The consequences are twofold: profitability is reduced for the treatment plant while the environmental impact is increased. A significant cause is the lack of immediate and accurate insights on water quality during the different stages of the treatment process. Although multiple sensors on the market are measuring water quality, there are none that provide accurate assessments of water quality in real time. DSAqua intends to solve this problem by providing an online, highly accurate, and cheap sensor, helping water treatment plants to optimize their treatment process.</p>
<h4>FlexRef</h4>
<p>Sweden is in the middle of an electricity crisis and it’s predicted to get worse. This will put a lot of stress on our electricity system and will lead to higher electricity prices with a possible shut down of services in society to cope with the lack of available electricity production. There is a clear demand for flexibility services which can reduce power consumption when the electricity grid needs it the most. FlexRef provides a flexible solution that can shut down electrical consumers in society to reduce the demand for electricity when it’s needed the most. With this solution, FlexRef will help maintain the critical balance between supply and demand of electricity and reduce the risk of an electrical system collapse.</p>
<h4>Inocule</h4>
<p>The world is moving towards increasingly sustainable and efficient production in all areas. At the same time, the trends for sugar substitutes and sweeteners in our everyday foods are also more desired than ever. The methods of producing these sugar alcohols today both hold insufficient effectivity, and also come at the cost of our planet.</p>
<p>Inocule provides an alternative production of sugar alcohols using genetically modified yeast strains to enable a more effective and sustainable production. Our yeast strain utilizes lactose in the form of residual products from the dairy industry to produce sugar alcohols. We have today successfully produced the substance Galactitol through our process, which can be used within the food industry but also for material and cancer research. However, the versatility of our genom editing of our yeast strain provides the possibility to produce further sugar alcohols through a sustainable and effective production.</p>

<p>This track is currently not available. There will be courses and components from this track included as part of the programme in both of the other tracks.</p>

<p>For information about the programme and how to apply, please visit the <a href="/en/education/find-masters-programme/entrepreneurship-and-business-design-msc/" title="Entrepreneurship and business design, MSc">programme page</a>.</p>

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Chalmers School of Entrepreneurship

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