The future of NJ’s bioscience industry depends on innovation. This program is designed to give individuals and teams the tools and knowledge they need to create new bioscience businesses, as start-ups or within existing firms.

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BUSINESS | Mini-MBA™: BioPharma Entrepreneurship

Mini-MBA™: BioPharma Entrepreneurship

Format:
Twelve 3-hour modules. Must attend a minimum of
10 sessions to earn a certificate.

Participant Profile:
Scientists and business professionals in Biotech and Pharma seeking to start a new venture either within their organization or as a new start-up entity.

Organizational leaders with an interest in BioPharma Entrepreneurship/ Intrapreneurship including: CEO’s, Managing Directors, Chief Technology Officers, Directors of Knowledge and Technology Development Officers, Directors of Research and Technology, Scientists, Venture Managers, Managers of New Product Development, Heads of Innovations and Enterprise Creation.

Credit Available:
3 graduate-level credit waiver upon passing an optional final exam. Credits apply to applicants meeting entrance requirements to the MBA program at Rutgers Business School.

3.6 CEUs
36 CPEs

Cost:
$3,995 includes all instructional materials and fees.

Ask about Rutgers Alumni discounts and team discounts.

This program has been approved by the New Jersey Department of Labor for workforce training grants. Funding may be available for those receiving unemployment benefits. Contact us for more information.

Faculty:
Leading professors from Rutgers Business School, the School of Management and Labor Relations, Rutgers Law School, and industry experts in the areas of Biotech and Pharmaceuticals.

Program Overview
While the pharmaceutical industry is comprised of large, highly complex organizations, an opportunity exists for entrepreneurial individuals and managers to start small, new entities focused on niche markets within the industry. The Rutgers Mini-MBA™: BioPharma Entrepreneurship is designed to help individuals and organizations navigate through the entire venture creation process, from idea generation to building viable BioPharma businesses. Participants will also enjoy access to the Rutgers Entrepreneurship community, including the Rutgers IP transfer process.

This program is offered both for individuals through
Open Enrollment classes and for organizations through
Custom Programs.

Who Should Attend?
The Mini-MBA™: Biopharma Entrepreneurship is a certificate program designed for:

Aspiring entrepreneurs who are looking to start a new business in either the Biotech or Pharmaceutical industry
Corporate venture officers who are seeking to develop or strengthen a climate of intrapreneurship in their corporations, universities, and regions
Teams of entrepreneurs within one organization who are working together to start a new venture within their organization

Program Benefits
The program will enable participants to:

Create, identify and evaluate new venture opportunities
Interpret customer needs and quantify the value proposition
Communicate the value proposition to potential investors
Write compelling and thorough business plans
Develop a network of executive mentors
Leverage new science and technologies at Rutgers
and partner institutions
Meet potential investors for their businesses

Curriculum
The Rutgers Mini-MBA™: BioPharma Entrepreneurship combines Rutgers faculty lectures, visits by successful entrepreneurs, and team projects to provide participants with a unique hands-on experience while developing their business plans and networking with the entrepreneurship community at Rutgers. To see more detail, please download the program brochure.

Twelve sessions will cover:

COURSE CONTENT

Overview of a BioPharma
Start-up and Key Business Plan Issues Specific to BioPharma
Overview of Technologies and Business Models for Success in BioPharma
Marketplace of Ideas: Idea Generation and Evaluation
The Importance of Sales and Quantifying the Value Proposition
Creating and Delivering a Good Elevator Pitch
Keys to Strategic HR in new BioPharma ventures
Entrepreneurial Marketing Strategies for BioPharma
Financial Modeling for BioPharma
New Venture Valuations
How to Negotiate with VCs

PRESENTATION AND FUNDING OPPORTUNITY