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Master of Engineering Innovation and Entrepreneurship (MEIE)

Overview

This 16-month, four-semester program is designed for engineering students and industry professionals interested in advancing their own technology-based startups within one of three tracks: Biomedical Engineering, Emerging Technology or Energy and Sustainable Innovation. Following the lean-startup development process, students take their concepts through three distinct phases: customer discovery, customer validation and customer acquisition, refining their projects from untested ideas into viable businesses. Students will gain the knowledge, skills and hands-on experience necessary to drive and manage innovation in existing companies or their own ventures.

Degree awarded: MEIE

Administered by: Faculty of Engineering and Architectural Science (FEAS)

Master of Engineering Innovation and Entrepreneurship graduate program website

PDF fileMaster of Engineering Innovation and Entrepreneurship program calendar 2020-21

Curriculum

Course Code Degree Requirements: Master of Engineering Innovation and Entrepreneurship Credits

EI8004

Finding Validating Bus Opp

1

EI8005

Market Dev Fin Plan Start-Up

1

EI8006

New Venture Bus Strat Plan

1

EI8007

Lean Start Up Disc Practicum

1

EI8008

Lean Start Up Valid Practicum

1

EI8009

Lean Start Up Acq. Practicum

1

EI8010

Tech Commercialization Project

1

EI8011

Go-To-Market Project

1

 

Two Engineering track Elective credits.  

2

Electives

Course code Course name Credits

EI8001

Biotechnology Start-Ups

1

EI8002

Energy Innov. Entrepreneurship

1

EI8003

Sustainable Entrepreneurship

1

BE8001

Foundations of Biomedical Eng

1

BE8002

Seminars in Biomedical Eng

1

BE8003

Directed Studies

1

CP8202

Advanced Software Engineering

1

DG8001

Foundations of Digital Media

1

DG8003

Interaction Design Digital Media

1

DG8004

Digital Media Entrepreneurship

1

DG8112

Physical Computing

1

ME8118

Info Sys Analysis & Design

1

MT8310

Special Topics Info Sys Mgmt

1

SA8901

Geospatial Data Analytics

1

DS8001

Des Algorithms and Programming

1

DS8003

Mgt of Big Data and Tools

1

DS8004

Data Mining and Presc Analytics

1

EI8001 Biotechnology Start-Ups
This course is designed to provide would-be entrepreneurs with the context and tools to seek venture capital investment in healthcare start-up businesses and to better understand the unique model of this sector and the specific challenges that one might expect. The focus will be on biotechnology and also include information on medical technologies as well as the emerging field of healthcare IT, particularly as they differ from biotech. 1 Credit

EI8002 Energy Innovation & Entrepreneurship
We will explore drivers for innovation in Ontario’s energy sector, the opportunities for new business, and the challenges of moving from the idea stage to the marketplace. Barriers and bridges to innovation and commercialization technological, financial, and regulatory will be explored through case studies, including lessons learned from guest lectures by business leaders in the Ontario energy sector. 1 Credit

EI8003 Sustainable Entrepreneurship
Introduce the closed-loop economy and the cradle-to-cradle framework of eco-effectiveness. Introduce the unifying governance corporate structure of the Benefit Corporation (B-Corp). Introduce within a unified framework of a sustainable enterprise, the basic tools of new “business” development, e.g. market research, stakeholder analysis, business model, etc. to formulate a concept initiation proposal and solution development plan. 1 Credit

EI8004 Finding & Validating Bus Opp New Venture
Introduction to entrepreneurial processes and behaviour. Enables the student to distinguish between ideas and business value creation. Facilitates students finding and validating business opportunities for new venture. Teach how to conduct market research and intellectual property assessment for the development of their technology based business idea. Uses the market research data and intellectual property to determine the source of their sustained competitive advantage. 1 Credit

EI8005 Market Dev & Fin Plan for Start-Up
Introduction to the 5 steps market development and testing and the 7 market research tools for the student to apply on their business idea. Understanding the financial dimension of new venture; understanding the nature of capital investment and role of banks and VC industry; understanding business and managerial accounting; appreciating operational and resource issues; understanding project management and how the innovation process may be managed. Prerequisite: EI8004 1 Credit

EI8006 New Venture Business Strategy & Plan
This course covers the fundamentals of “taking the opportunity to the next level” which depend on the entrepreneur’s ability to communicate the opportunity concisely, in a way that will convince investors that the risk of investment is worth it. The lectures in this course will follow a process-based approach, in which students develop their ideas into business plans. The importance of writing an effective and concise business plan, as a foundation for the start-up cannot be underestimated. Prerequisite: EI8004 and EI8005 1 Credit

EI8007 Lean Start Up Cust. Disc. Practicum
Facilitates students refining their value proposition for the business idea they want to pursue. Assist in developing customer’s interview script to conduct detailed testing of customer problems and product solution assumptions.
Through primary market research the students will validate the product market fit for their new venture. Through market research with real customers the students will iteratively refine their business model canvas. Prerequisite: EI8004 Credit

EI8008 Lean Start Up Cust. Validation Practicum
This practicum will enable the students to shape the technology solution to be disruptive or sustainable market innovation. Facilitate the creation of technology proof-of-concept plan and the technology development processes to identify and assemble the key technical components. Facilitate testing of a proof-of-concept with lead customers to validate market product fit. Prerequisite: EI8005 and EI8007 1 Credit

EI8009 Lean Start Up Cust. Acquisition Practicum
This practicum covers the fundamentals of “taking the technology solution” to market which depend on the entrepreneur’s ability to communicate the value proposition concisely, in a way that will convince customers (client) to want to acquire it. The lectures in this course will follow sales process-based approach, in which students develop their client sales proposal. The importance of writing an effective and concise sales plan, as a foundation for the go- to-market cannot be underestimated. Prerequisite: EI8008 1 Credit

EI8010 Tech Commercialization Project
The supervised project is a major component of the MEIE program and work on the project commences at the start of Term 3 of the academic program and continues throughout the remaining duration of the program. The student will be assigned a project supervisor (PS), a technical mentor (TM) and a business mentor (BM). The students will spend a substantial amount of their time working on their project at the iBoost Zone or other Ryerson Zones and with customers in the market place. Prerequisite: EI8005 and EI8006 1 Credit

EI8011 Go-To-Market Project
The supervised project is a major component of the MEIE program and work on the project commences at the start of Term 4 of the academic program and continues throughout the remaining duration of the program. The student will be assigned a project supervisor (PS), a technical mentor (TM) and a business mentor (BM). The students will spend a substantial amount of their time working on their project at the iBoost Zone or other Ryerson Zones and with customers in the market place. Prerequisite: EI8005 and EI8006 and EI8010 1 Credit

For course descriptions of non EI courses, go to the Program offering the course. BE – Biomedical Engineering CP – Computer Science DG – Digital Media DS – Data Science and Analytics ME – Mechanical and Industrial Engineering MT – Master of Science in Management SA – Spatial Analysis