The Entrepreneurial Greenhouse Program helps students to prepare their businesses for investment by providing funding for prelaunch expenses, access to experts in key fields and opportunities to present business concepts to professional investors. In its inaugural year, more than half of the ventures incubated in the Greenhouse were launched by graduation.
During their participation in the program, students consult with seed funders to refine their presentations. Sponsors — which include venture capital firms, Internet incubators, law firms, technology providers and accounting and consulting firms — provide financial support, pro bono services and advice.
The Greenhouse provides seed funders with the opportunity to invest in student projects and also helps many students prepare for application to the Eugene Lang Entrepreneurial Initiative Fund.
A highly selective screening process determines entrance into this program. To apply, students submit a complete business plan and make a formal presentation to the Greenhouse Selection Committee in December.