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ENTP Talk

Entrepreneurship and Innovation

Technology alone is not enough. It’s technology married with the liberal arts, married with the humanities, that yields us the results that make our hearts sing. — Steve Jobs

At Lake Forest College, Entrepreneurs and Innovators identify problems worth solving and mobilize the people, resources, and networks to solve them.  Lake Forest College embodies an entrepreneurial culture, people and campus environment that stimulates innovation from all areas of the arts and the sciencesLake Forest College’s Entrepreneurship and Innovation Program (ENTP) is a catalyst to help students mobilize people and resources to solve any problem of their choosing. The ENTP minor is the most popular minor on campus.

Our distinguished faculty teach the foundations of entrepreneurial resilience, activating a growth mindset, reframing failure and adversity, and cultivating self-efficacy

ENTP students learn how to build effective entrepreneurial teams, to design contingency plans as well as business plans, and to increase personal and organizational resilience

In ENTP, students gain the fundamental business skills and liberal arts knowledge necessary to cultivate an entrepreneurial mindset 

Our ENTP students solve problems that move business and society forward, and pitch their solutions in our annual pitch competition   

In ENTP, we promote and foster an inclusive entrepreneurial ecosystem where all students have access, support, and opportunity to build a thriving, high-growth company ...
ENTP students work with mentors and coaches to put what they learn into practice, becoming the global entrepreneurial leaders we need to lift our communities and our world ...

In ENTP, students learn how to turn ideas into action 

Most Popular Minor on Campus

More than 20% of Lake Forest College students participate in the ENTP programming, courses, and internships that allow students to tailor their experience based on their:

1) AREA OF INTEREST (clean technology, inequality, water rights, food)…

2) INTENDED CAREER PATH including intellectual property development (scientists, artists, writers), self-employment (designers, doctors, lawyers, real estate), nonprofit (social innovation, NGOs, education, arts, government) or for-profit venture (start-ups, corporate intrapreneurship, small business).

3) Need for NECESSARY SKILLS for success beyond the ENTP curriculum (writing, web design, accounting, organizational psychology, etc.).

The Self-Design Major in Entrepreneurship

"I can't find a major that fully meets all of my interests."

Some of our strongest students find that no one traditional major fully meets what they want to study.
The Self-Designed Major emphasizes selfdetermination for its students, while offering guidance and assistance in developing their individualized plans.

Innovation Spaces

Lake Forest College has a series of Innovation Spaces, creative spaces where students can experiment with the latest technology in virtual reality, 3-D printing, audio and video recording, digital photography, theater design, and software creation. Students working on new ventures work with their teams, and mentors, at the Lake Forest College IncubatorSpace, located in downtown Lake Forest.

Competitions

Entrepreneurship and social innovation students regularly participate in national and international competitions and ideathons such as the Davis Prize for Peace, Princeton University’s Environmental Ideathon, and TCU’s Values and Ventures Competition in addition to the Venture Design Challenge with $10,000 in total prizes.

Interested in learning more?

Check out the Venture Design Challenge

Advisory Council

Created by Entrepreneurs for Entrepreneurs, the ENTP program is looked after by the Entrepreneurship Advisory Council, a group of highly successful Chicagoland social innovators, entrepreneurs, and leaders with a diverse range of expertise. Program Director Patricia “Trish” Thomas, a 3x founder, recently named Illinois Entrepreneurship Professor of the Year by Future Founders at the 2nd Annual EntrepreneurshipU Awards, leads the program. In 2017, Lake Forest College placed in the top 3 of USASBE’s Outstanding Emerging Entrepreneurship Programs.

High Praise for Program
  • Lake Forest College placed in the top 3 of USASBE’s “Outstanding Emerging Entrepreneurship Programs” in 2017. 
  • Program Director, Patricia “Trish” Thomas named Illinois Entrepreneurship Professor of the Year by Future Founders at the 2nd Annual EntrepreneurshipU Awards.
Distinct Approach

What is distinct about the Lake Forest approach is that our courses and programming provide students with the context, skills, knowledge, discipline and experience to flourish during the process of finding, and solving problems, and to do so in a way that betters themselves, others, and the world.

We do this by teaching, and deliberately practicing, the foundations of psychological resilience (accessing a growth mindset, re-framing failure and adversity, cultivating self-efficacy, self-advocacy and agency; building networks of support, mastering active listening and fearless asking, and navigating difficult conversations) in parallel with the study and application of leading entrepreneurial education theory and the processes required for new venture creation.

The ENTP program is focused on teaching our students how to build effective entrepreneurial teams as well as entrepreneurial leaders; to design contingency plans as well as business plans; and to increase personal and organizational resilience as a means of improving success outcomes. Students learn to understand their personal strengths and motivations, and how to use them as a vehicle for growth in themselves, their teams, and their ventures.

I want to learn how a business is run, from the marketing to the planning to the costs. The entrepreneurship and innovation minor lets me learn it all.
Paris Burton ’19

Related Programs

Contact Us

Amanda Felkey
Professor of Economics and Business
Chair of Economics, Business, and Finance
Lillard Science Center 258
847-735-5146
felkey@lakeforest.edu

Kate Jackson
Co-Director
Entrepreneurship and Innovation Program
kjackson@lakeforest.edu

Patricia Thomas
Co-Director
Entrepreneurship and Innovation Program
pthomas@lakeforest.edu

Donna Klein
Department Assistant
Buchanan Hall
847-735-5083
klein@lakeforest.edu