Established in 2003 through an endowment by Larry and Carol Levy, the Levy Institute for Entrepreneurial Practice provides the foundation for entrepreneurship curriculum and engagement activities for Kellogg students. As part of the greater Kellogg Innovation & Entrepreneurship Initiative (KIEI), the Levy Institute works in tandem with like-minded centers, alumni networks and organizations across the Kellogg network to foster entrepreneurial success for both Kellogg students and alumni.
Beginning in the fall of 2012, the Levy Institute joined the Kellogg Innovation & Entrepreneurship Initiative to develop and introduce an entirely new curriculum-driven pathway titled “Discover. Test. Launch." based upon the lean startup methodology, using the business model canvas and design thinking tactics to build high-value, game-changing startups across all business sectors. We invite you to learn more about our recent changes by watching the Kellogg Game-Changing Entrepreneurship video, reading of recent student competition successes, and learning more about the startups piloted at Kellogg by students in the 2013 and 2014 classes by exploring this page.
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Entrepreneurship at Kellogg
Driving game-changing innovation is more than just coming up with one great idea. Learn how Kellogg’s new approach to teaching entrepreneurship centers first on identifying a problem, then designing solutions for that problem in a customer-centric approach by drawing upon faculty expertise across the school. Not only does Kellogg equip students with the skill set to continuously innovate within their startup or corporation, but Kellogg faculty are also constantly looking to iterate and expand the curriculum based upon the needs of Kellogg students.
A New Approach to Teaching Entrepreneurship
In the past two academic years, the Levy Institute and the Kellogg Innovation & Entrepreneurship Initiative (KIEI) have collaborated to introduce 12 new entrepreneurship courses and 19 new faculty actively engaged within the Chicago startup and venture capital community. In tandem with new Kellogg internal competitions, engagement opportunities and an expansion of the internship program, Kellogg students are better able to leverage not only the skills and applications gained in the classroom, but the Kellogg network itself to further their entrepreneurial success.
In addition, Kellogg and Northwestern faculty, departments and centers have provided mentorship and financial support to those student startups competing on the national landscape. Here are a few highlights from the past two years.
Year Two | 2013-2014
Composed of students from schools across Northwestern including Kellogg, the McCormick School of Engineering and the Feinberg School of Medicine, the medical device startup Innoblative
had the privilege of ringing the NASDAQ closing bell this year as a result of wining the Global Venture Labs Investment Competition at the University of Texas at Austin McCombs School of Business. Innoblative also received funding for their innovative approach to the treatment of breast cancer from other business competitions
, including the Stu Clark Investment Competition at the University of Manitoba and the Oregon New Venture Championship, to name a few.
During the 2013-2014 academic year, Kellogg startups received funding
from many domestic and international competitions, including the following: the Morgan Stanley Sustainable Investing Challenge, the MBA Impact Investing Network and Training Competition, the Clean Energy Trust Award, the Breast Cancer Startup Challenge, the Aspen Institute’s Business and Society International MBA Case Competition, the Rice University Business Plan Competition, the Walmart Better Living Business Plan Challenge, the Quinlan Social Enterprise Competition, the NewDay Summer Internship Award, the Stanford University BASES Social E-Challenge, the National Collegiate Inventors and Innovators Alliance BMEidea Awards, the Techweek Chicago Launch Competition, the International Case Competition at Carnegie Melon, the Global Family Enterprise Case Competition, the Ernst and Young Diversity Case Competition, the Wharton Limited Buyout Competition, the Origami Idea Challenge, and the Northwestern University Venture Challenge.
Learn more about the startups founded by the class of 2014
Year One | 2012-2013
During the 2012-2013 academic year, SiNode Systems
, a startup team composed of students representing multiple Northwestern University schools, including Kellogg, were granted the opportunity to ring the closing bell at NASDAQ
after winning the Rice University Business Plan Competition. Their game-changing approach to using superior anode technology for the next generation in li-ion batteries also lead to funding from the U.S. Department of Energy’s Clean Energy Business Plan Competition.
In addition to receiving $1 million from business plan competitions, SiNode also received funding from the U.S. Department of Energy
and the Chicago Innovation Awards
. Learn more about SiNode Systems’ progress and recent press by visiting their website
During the 2012-2013 academic year additional Kellogg startups raised funding via entrepreneurship and social entrepreneurship competitions, including the following: the International Impact Investing Challenge (now the Morgan Stanley Sustainable Investing Challenge), the Doe National Clean Energy Business Plan Competition, the C.K. Prahalad Case Competition at the University of Michigan, and the Adobe Digital Analytics Competition.