Corporate Innovation and Entrepreneurship
The Corporate Innovation and Entrepreneurship (CIENT) major is designed to help you develop problem solving and creative thinking skills, along with the ability to spot trends, recognize opportunities, and develop plans to capitalize on high-potential ideas. Emerging entrepreneurs and innovative managers of small to large businesses must be competent in various mediums of communication, have good negotiation skills, lead with ethics and integrity, and be grounded in business aspects of planning, capital investing, goal setting, and decision making.
Careers in Corporate Innovation and Entrepreneurship
The CIENT major is designed for students interested in managing innovation, re-inventing current businesses, supporting a family business, or starting up new businesses with the intent of growing the economy, and providing jobs for a diverse workforce. By taking this major, students may prepare themselves to launch a new company or pursue professional employment in one of the following business domains:
- Product development
- Business consulting
- Project management
- Innovation management
- Brand management
- Customer development
- Customer service
- Business process management
- Business development
In addition to starting or joining small startup companies, or working in a family business, students taking this major have been placed for full-time employment or worked as interns at such notable companies as General Electric, EY, Deloitte, PricewaterhouseCoopers, Textron, and Transperfect.
Garber Venture Capital Fund: The Farrell Center for Corporate Innovation and Entrepreneurship at Smeal, whose mission is to contribute to and interpret the best in academic research in the field of entrepreneurship, oversees the Garber Venture Capital Fund, which is a $5 million venture fund that invests in early-stage Penn State related start-ups and technology. It was founded to give students real-life experience in equity investing.