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EIP provides entrepreneurially minded freshmen and sophomores from all majors the opportunity to learn and live entrepreneurship and innovation. In this living-learning program, students develop the entrepreneurial mindsets, skill sets, and relationships to launch successful concepts in startup companies or corporate ventures.
The Entrepreneurship and Innovation Program is a program of the University of Maryland Honors College. First-year applicants to the University of Maryland are automatically considered for admission to the Honors College when they apply by the preferred November 1 deadline. There is no separate addendum or special application for the Honors College at that time. Once students are admitted to the Honors College (in late January), students are then asked to preference their interests in particular Living-Learning Programs, including EIP. Students will then be invited to join a particular living-learning program based on their levels of interest, space availability and other factors.
EIP is designed is to prepare students for a wide range of entrepreneurial pursuits. Whether you are interested in joining an innovative organization, launching a small or medium-sized business, growing a Fortune 500 firm, or pursuing graduate or professional school, EIP may be right for you. For more information on the Honors College programs and timeliness please visit the Honors College website.
All EIP students live together on reserved floors of the La Plata residence hall on North Campus. La Plata Hall is a nine-story, coed, traditional-style residence hall. Nearby are the North Campus Dining Hall, Byrd Stadium, and the Campus Recreation Center. Most academic buildings and libraries are a 5 to 15 minute walk and the University Shuttle makes frequent stops in the community for overall safety and convenience. Learn more about La Plata Hall at http://reslife.umd.edu/halls/ellicott/laplata/.
All EIP students are required to live together in La Plata Hall for their freshman and sophomore years as a key component of the EIP living-learning experience.
Yes, you may request a roommate if they are also in the Entrepreneurship and Innovation Program. You may also request roommate preferences. More information is on the residence life website at http://reslife.umd.edu/.
Information on the cost of living in the residence halls can be found at http://www.reslife.umd.edu/housing/housingfees/.
Students starting in Fall 2014 must complete 9 credits of Entrepreneurship and Innovation courses (HEIP prefix) and 2 three-credit honors seminars for a total of 15 credits. Some of the 15 credits may count towards general education requirements and the student's major.
Read about the academic program here.
EIP is an Honors-level program. It is meant to be challenging, enjoyable and fulfilling. The amount of time required will vary with your commitment and whether you are launching a business or other venture at the time.
The program staff will work with you to identify internship opportunities based on your skills and interests.
Yes, funding is available for ventures. EIP student ventures can apply for funding from the Impact Seed Fund, a $50,000 annual seed fund managed by Mtech. These funds are exclusively dedicated to new ventures making a positive social impact, typically in education, healthcare, the environment, and related areas. Funds are provided as grants, with no payback or equity requirement. Funds are to be used for R&D or working capital for student ventures.
EIP student companies are 100% student-owned, with no equity sharing with the University. One exception is for work being done within a university laboratory or with a faculty member.
For more information or questions about the program, please contact us at firstname.lastname@example.org.
Download the EIP brochure here.
View the Honors College Academic & Conduct Policy here.
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