An experiential learning program for aspiring entrepreneurs
The Center for Career and Professional Development is launching the Ignition Lab, an experiential learning program for Pratt’s aspiring entrepreneurs. Accepted participants will take part in a 7-month intensive program that will expose them to the practices of creating a startup with guidance from and access to an Entrepreneur in Residence, diverse mentors with expertise in various facets of entrepreneurship, and speakers known around the world for their startup success. Working with a team from September 2017 to April 2018, The Ignition Lab participants will attend 6 workshop sessions, building the foundational knowledge to launch a business. Theory will be put into practice as each team develops a business plan around a viable product which they will pitch to a panel of entrepreneurship luminaries at the conclusion of the program.
Application and Eligibility
The Ignition Lab is a team-based program. Applications must be submitted by teams comprised of at least two but no more than five people. Individual applicants are encouraged to attend one or more information sessions to find others who may be trying to form a team. Participants must be either a current student or alumni who completed a degree program at Pratt. Applications require all team members to be listed, including each individual’s role (ex. programmer, marketer, etc.). Each team will provide a brief description of their business idea and respond to questions that begin the thought process for a viable product in the application.
Access the application at: bit.ly/ignitionlabapply.
Applications are due by 5 PM (EST) Monday, September 18.
Applicants will be notified of selection one week after application deadline.
The Ignition Lab is a non-credit opportunity sponsored by Pratt Institute’s Center for Career & Professional Development and participation is voluntary. All team members must be committed to carry out their share of the deliverables (as listed under Program Components), attend every session, and agree to the terms of the program. Teams must remain intact throughout the 7-month period.
Info Sessions – Information sessions will be held in August and September on the Brooklyn campus, and one will be held at the Manhattan campus to introduce the program, help with team formation, and explain the application process.
Dates: August 23, 24 & 31, and September 5 & 7.
For times and locations, visit ccpd.pratt.edu/events.
Application Deadline – Applications are due by 5 PM (EST) Monday, September 18. Applicants will be notified of selection one week after application deadline. No more than 10 teams will be admitted.
Workshop Schedule – Participants are expected to attend six workshop sessions from 12 to 3 PM on Saturdays:
- 2017 – September 30, November 4
- 2018 – February 3 & 24, March 24, April 14
- Session II, November 4, 2017: Teams will present their business idea and findings based on 30 customer validation interviews.
- Session III, February 3, 2018: Teams will present their findings based on additional customer interviews.
- Session IV, March 24, 2018: Teams will practice their pitch presentation, present their product prototype and a 2 minute video.
Pitch competition – At the conclusion of the program each team will pitch their business plan/product on April 14, 2018. A selection committee will select a winning team.
Key Roles and Resources
Each team will have access to course instructors, an alumni mentor, and other advisors to assist them through the process.
- Program Instructors will manage all program components, deliver instruction, and be available to offer guidance.
- Mentors will be introduced during Session II and assigned to each team.
- Guest Speakers from various entrepreneurial fields will give a presentation during each session.
- Selection Committee composed of industry professionals, venture capitalists, and entrepreneurship experts will evaluate and select the winning team at the final Pitch Competition.