Global Venture Creation (GVC) Network

To ensure that entrepreneurial leaders the world over are prepared to think and act effectively in global competition, the MIT Entrepreneurship Center is collaborating with the private and public sectors to establish a global network of entrepreneurship centers. This network gives member organizations the resources to become the acknowledged leaders in their regions and sets the global standard for fostering high tech entrepreneurship through education, research, and outreach.

Most MIT ventures are based on innovative technology and intellectual property. As such, their strategies must address global markets from the start. To ensure that our curriculum prepares our entrepreneurial leaders to think and act effectively in global competition, we are collaborating with the private and public sectors to establish a global network of entrepreneurship centers that share our passion for high tech entrepreneurship.

This network enables each member organization to be the acknowledged leader in its region and sets the global standard in fostering high tech entrepreneurship through education, research, and outreach. Member centers exchange expertise, curricula, and faculty resources, and harness the collaborative efforts of entrepreneurs, established business firms, and other key private sector actors in the venture support system.

Partners are located in “hot spots” around the world: The United Kingdom, Ireland, Taiwan, Germany, Turkey, Japan, and Canada. They share our passion and enthusiasm for the development of knowledge, faculty and institutions in the area of technology-based entrepreneurship.

The objectives of the MIT Global Venture Creation (GVC) Network:

(*) To train the men and women who will make new high tech ventures successful in the global economy. As both entrepreneurs and intrapreneurs, our start-up leaders will be trained to think effectively about global markets and strategies. We believe that the shortage of good people – not opportunities or money – is the rate-limiting resource for the creation of successful new technology-based ventures.

(*) To focus on creating technology-based firms, whose target markets will be global. These new firms must plan to be global from the start, even while initially focusing on their home market.

(*) To collaborate with international business leaders and venture capitalists to cultivate an environment that fosters creativity, technological innovation, and technology-based entrepreneurship. In the process, best-in-class expertise and knowledge will be exchanged across borders and applied globally.