Introduction / Overview

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The Entrepreneurship Lab (eLab) was founded on February 16th 2012 as a collaborative workspace designed to bring together students from Pace's six Schools and Colleges to promote cross-disciplinary problem solving, experiential learning and the development of an entrepreneurial mindset.

The eLab is staffed by highly motivated personnel and offers a variety of technology resources, including high-performance computers, sophisticated software, a professional video studio, a surface computer, and a 3D printer; as well as a wide variety of desktop, laptop and tablet computers. The eLab's dedicated facilities include a private meeting room, a collaborative work studio, casual work space, and a classroom.

In addition to providing staff assistance, valuable technology resources and dedicated space, the Entrepreneurship Lab organizes a wide variety of events and activities. These include competitions, such as the Pitch Contest, Business Plan Competition, and Mobile App Design Contest; a host of different speakers; social and networking functions; as well as workshops and mentoring programs.

The eLab has space for students to launch and manage a new venture, and serves as a 'home base' for those wishing to explore entrepreneurship.

Pace’s entrepreneurship program combines a well-established core curriculum and innovative new courses, such as Entrepreneurial Implementation, with integrated co-curricular support, through centers such as the Entrepreneurship Lab and the Wilson Center for Social Entrepreneurship, as well as exciting extra-curricular activities, such as the Pace Pitch Contest, Business Plan Competition, and Mobile App Design Contest to provide a meaningful educational experience.

Combining all of this with a rich integration in New York City’s vibrant entrepreneurial ecosystem provides our students with a truly distinctive entrepreneurship program.

Entrepreneurship is much broader than the creation of a new business venture. At its core, it is a mindset – a way of thinking and acting. It is about imagining new ways to solve problems and create value. Fundamentally, entrepreneurship is about opportunity; the ability to recognize a new opportunity, to methodically analyze the opportunity, and ultimately, to capture the value of that opportunity. Such skills are important for those seeking to establish new ventures, and critical for a variety of professional careers given today’s hyper-competitive marketplace where rapid technological innovation and globalization has changed the very nature of work.

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