Lehigh’s Professional Master's in Technical Entrepreneurship program has been honored by the University Economic Development Association (UEDA) as the best such program in North America for talent development.
UEDA handed out its 2013 Awards for Excellence in six categories at its summit. The Talent Development category recognized initiatives that promote development of 21st-century skills. Projects were judged on originality, sustainability, scalability and ability to be replicated.
Lehigh's Technical Entrepreneursship program provides training in the art and practice of creating new companies while bringing revolutionary products and services to market. This one year, intensive program gives students the skills and opportunities to create successful startups.
"The UEDA award is a significant recognition for the MTE program, since the award is a competition for national best practices," said Bill Michalerya, Associate Vice President for Government Relations and Economic Development and past president of UEDA. "This puts Lehigh on a national stage in a leadership role." It was Lehigh's fourth win in the UEDA awards and fifth time as a finalist, he said.
The Technical Entrepreneurship program has grown rapidly in popularity since launching in May 2012. The first contingent of 14 students completed the program in May 2013. Within three months of graduating, six students had started their own businesses and seven had taken jobs in industry or academia.