This semester, I worked with over 100 companies. Most have between five and 30 employees and have received a first round of funding. Teams formed of Sloan students, MIT graduate students, and HBS students work one day per week, usually for the CEO, at startup companies from all around the world. Projects range from quantifying the value proposition and determining a pricing model to raising a new round of funding or securing a first customer. This is a no-risk, inside look at a hot startup of your choice.
Many students eventually join the companies full-time.
It produced 40 new companies this year alone. The competition is yet another event that ties the engineering school to the business school. My business plan didn't make it to the finals this year, but we had fun trying. Several of my classmates have either already dropped out of school to start their own companies, have joined startup companies, or are going to start their own companies right after graduation. Some of them went to a startup for the summer and decided to stay.