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BOSTON— Nine entrepreneurs will join the Harvard Business School (HBS) community during the 2010-2011 academic year as Entrepreneurs-in-Residence (EiR). Sponsored by the School's Arthur Rock Center for Entrepreneurship, the Entrepreneur-in-Residence program, now in its fifth year, invites accomplished entrepreneurs to HBS to advise MBA students interested in starting companies and work with faculty on research and course development.
The nine entrepreneurs, eight of whom are HBS alumni, come from a variety of backgrounds, including venture capital, private equity, and start-ups across industries ranging from dotcoms to media.
"We are delighted to welcome this accomplished group of Entrepreneurs-in-Residence to HBS," said Michael Roberts, Senior Lecturer and Executive Director of the Arthur Rock Center. "They bring extraordinary experience, knowledge, and insights to our campus and provide inspiration to the large number of entrepreneurially-inclined HBS students who wish to follow in their footsteps."
The 2010-2011 HBS Entrepreneurs-in-Residence are:
All nine entrepreneurs will serve for the entire academic year in a part-time capacity, meeting with students in group and one-on-one sessions and collaborating with various faculty members on cases, courses, and other activities.
Beyond their interaction with the EiR, Harvard MBA students interested in entrepreneurship also have the opportunity to work closely with HBS faculty through field studies, independent research projects, a Silicon Valley Immersion Experience Program, and participation in the HBS Business Plan Contest, now entering its 15th year. In addition, all first-year HBS students take the required course The Entrepreneurial Manager, while second-year students can choose from more than two dozen entrepreneurship-related elective courses.
An estimated 50 percent of HBS alumni describe themselves as entrepreneurs 10 to 15 years after they graduate. Among the many alumni who have founded successful business ventures are Michael Bloomberg (MBA 1963), founder of Bloomberg L.P; Marc C. Cenedella, ( MBA 1998), founder, president and CEO of TheLadders.com Inc; Scott Cook (MBA 1976), chairman and cofounder of Intuit; Rajil Kapoor (MBA 1996), cofounder and former chairman and CEO of Snapfish; Mark Pincus (MBA 1993), founder and CEO of Zynga; Alexis Maybank and Alexandra Wilson, (both MBA 2004), cofounders of Gilt Groupe Inc; Marla Malcolm Beck (MBA 1998), founder of bluemercury; Tom Stemberg (MBA 1973), founder of Staples; and Jeremy Stoppelman (MBA 2005), CEO and cofounder of Yelp.
About The Rock Center
The Arthur Rock Center for Entrepreneurship was created through the generosity of prominent venture capitalist Arthur Rock (MBA '51), who donated $25 million to Harvard Business School to support the entrepreneurship faculty and their research, fellowships for MBA and doctoral students, symposia and conferences, and outreach efforts to extend the impact of the School's extensive work in this field. HBS offered the country's first business school course in entrepreneurship in 1947 and, today, entrepreneurship is one of the largest faculty units at the School, with over 30 faculty members conducting entrepreneurship research and teaching. The Rock Center works closely with the HBS California Research Center in Silicon Valley on entrepreneurship-related research and course development efforts.
At-A-Glance: Arthur Rock Center for Entrepreneurship (PDF)
Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 80 open enrollment Executive Education programs and more than 60 custom programs. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business and entrepreneurship around the globe.