The Launching New Ventures Program (LNV) is designed to help participants acquire an entrepreneurial mindset while reviewing the fundamentals of business & entrepreneurship and learning about the lean startup process.

LNV is suitable for anyone with an interest in business fundamentals and a desire to adopt an entrepreneurial mindset.

LNV is a great option for (1) companies interested in getting their employees to embrace innovation and new business creation initiatives, for (2) individuals and groups interested in systematically applying concepts from business and entrepreneurship to their idea(s) for a startup, and (3) for professionals who enjoy learning about business in English.

The Launching New Ventures Program (LNV) is an active learning Program. It is lecture and discussion-based, provides Participants with access to an online journal, and includes team-driven experiential exercises. Readings from the repository at Harvard Business School Publishing are provided to Participants in PDF format.

Participants can develop a better understanding of how to generate and identify business opportunities, define potential business concepts, refine the business concepts through creativity and business modeling, translate the business concepts into minimum viable product definitions informed by design thinking and lean startup customer development approaches, and then prepare to drive sales of the products through an online presence.

Before each Learning Session, participants complete the assigned reading and the journal entry, and the instructor prepares a facilitated discussion that includes both lecture materials and student journal entries.

Each Learning Session is conducted in person (i.e. face to face) and all Participants are expected to attend.

In accordance with best practices, journal entries are also written after each Learning Session in order to enhance learning outcomes. Participants who are actively working on a business idea are encouraged to use the Program and a Business Model Canvas to refine and test their idea.

 Entrepreneurial Mindset

“The Network for Teaching Entrepreneurship defines the entrepreneurial mindset as the set of attitudes, skills and behaviors that students need to succeed academically, personally and professionally. These include: initiative and self-direction, risk-taking, flexibility and adaptability, creativity and innovation, critical thinking and problem solving. Other definitions include the ability to see opportunities, marshal resources and create value.”

BENEFITS & OUTCOMES

In addition to learning about the fundamentals of new business creation and lean startup approaches, participants who successfully complete the program can anticipate the following benefits:

  • a more entrepreneurial mindset, and a more global perspective on Business and Entrepreneurship;
  • better problem solving and critical thinking skills;
  • improved writing skills; and
  • enhanced ability to work collaboratively in teams.

Additionally, if you are thinking about starting a business — or, if you are interested in exploring your idea for a product or a business in a systematic manner — this Program will help you to determine whether your idea is a good one for you to pursue, or if you should develop different ideas.

Alternatively, if you are seeking to motivate your employees to become more innovative and entrepreneurial, LNV serves as an excellent catalyst.

Finally, if you are already developing your idea for a business using the Business Model Canvas, this Program will help you to sharpen your thinking and accelerate your entrepreneurial journey.

Participants who successfully complete the Program will receive a digital Certificate of Completion issued by MDI.TOKYO through Accredible.

PROGRAM MODULES

The Program is divided into two modules:

01. Building Blocks of New Business Creation

  • Session 01: Program Overview & Fundamentals of New Business Creation
  • Session 02: Opportunity Recognition & Evaluation
  • Session 03: Creativity & Entrepreneurship
  • Session 04: Positioning & Customer Value Propositioning
  • Session 05: Business Models

02. Lean Startups

  • Session 06: Design Thinking & New Product Development
  • Session 07: Lean Startups & The Business Model Canvas
  • Session 08: Customer Experience: Reducing a Startup to a Website
  • Session 09: Leveraging the Cloud and Integrations
  • Session 10: Social Media Marketing

WHAT IS THE LEAN STARTUP APPROACH?

LEARNING GOAL

The learning goal of this Program is to develop an understanding of key topics, concepts and frameworks in business with a focus on startups and entrepreneurship.

LEARNING OBJECTIVES

The learning objectives for this Program include developing the following skills: Critical Thinking, Communication, Leadership, Team Work and Ethical Reasoning.

Why take a Lean Startup approach?

The Lean Startup Methodology:

1) Provides a scientific approach to creating and managing startups and get a desired product to customers’ hands faster.

2) Teaches you how to drive a startup – how to steer, when to turn, and when to persevere – and grow a business with maximum acceleration.

3) Is a principled approach to new product development.

– Eric Ries

PROGRAM LEARNING DESIGN

With an emphasis on quality, MDI.TOKYO makes learning social, transformative, and fun.

The model below depicts the learning design for Launching New Ventures (LNV). The key thing to remember is that LNV emphasizes active learning which keeps Participants engaged and focused.

Time Commitments for Maximum Learning:
• Average Individual Reading & Preparation Time Before a Learning Session: 1 – 2 hours
• Average Learning Session Time: 90 – 120 minutes
• Average Post-Learning Session Journal Reflection Time: 30 – 60 minutes

WHO SHOULD PARTICIPATE

If you are a someone who is passionate about learning and you want to launch a business someday, then you should apply for admission to this Program.

If you are an executive, HR officer, or a professional with Learning & Development responsibilities in your company and you need to motivate your employees to become more innovative and more entrepreneurial, then you should buy seats and send your employees to LNV, or reserve an entire Group Track and ask MDI.TOKYO to deliver LNV on your premises (or at MDI.TOKYO).

Testimonials from Former Students of Prof. Hackett

“I took 3 courses with Prof. Hackett in the fields of Innovation and Entrepreneurship. The courses helped me to understand diverse industries and gave me the opportunity to practice and develop thought processes in strategic situations. I was able to apply that knowledge and experience in my post-merger integration work, including when I had to make recommendations to executive leadership.”

– Corina Stan, MBA.

“I’ve had the pleasure to take Entrepreneurship, Negotiation, and Innovation courses with Prof. Hackett. I’ve applied what I learned in his courses to the creation of three very successful products for my company that are revolutionizing the local market.“

– Fernando Ma, MBA.

“I took five Courses with Prof. Hackett. I learned theory, and how to apply it in the real world. Specifically, I used what I learned to help reshape my family business’ online strategy. This resulted in a 42% y-o-y increase in revenue from online purchases.

– Ronnie Sandström, MBA.

“Prof. Hackett specializes in educating students through effective design thinking and integrative thinking approaches. I use what I learned in his courses to strategically prioritize projects and scale a team. This resulted in 108% YoY growth in projects’ deliverables.”

– Panjapol Wariratanaroj, MBA.

ADMISSIONS

Before you apply you need to make two decisions. First you need to decide whether you want to apply as part of a Group or via Open Enrollment. And, second, you need to decide whether you want to meet once per month or every week. (Regardless of which frequency you choose, there are 10 Learning Sessions). Below, please find some information to help you choose the best option for you.

Decision 1: Group Track vs Open Enrollment Track

GROUP – Powered by MDI.TOKYO refers to tracks (time slots) and cohorts (batches of learners) that are organized by prospective Participants (or their Employers) or by Community Organizers. Contact us to discuss your needs and reserve a Group Track.

OPEN ENROLLMENT refers to tracks (time slots) and cohorts (batches of learners) to which any qualified individual can apply using our online application form.

Decision 2: Monthly Format vs Weekly Format

WEEKNIGHTS
(Monthly Format)

SATURDAYS
(Weekly Format)

LNV has ten (10) Learning Sessions.

In principle, LNV is offered on Weeknights (monthly meeting format) at MDI.TOKYO, and on Saturdays (weekly meeting format) at MDI.TOKYO.

  • The monthly meeting format offers an opportunity for deep learning that does not interrupt your work-life balance.
  • The weekly meeting format mimics the pacing of university offerings and enables Participants to move more quickly through the Program.

LNV starts in April or in September depending on which track you enter.

Group Tracks Starting in September

LNV | 4th Tuesday Evenings | 19:30 – 21:30 | Monthly Meetings

This track is organized by groups, and meets on the 4th Tuesday evening of every month (excluding March and August). If you are a community organizer or corporate partner representing a group and you would like to reserve this session, please contact us.

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Program starts in April or in September, depending on demand.

LNV | 4th Wednesday Evenings | 19:30 – 21:30 | Monthly Meetings

This track is organized by groups, and meets on the 4th Wednesday evening of every month (excluding March and August). If you are a community organizer or corporate partner representing a group or company and you would like to reserve this session, please contact us.

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Program starts in April or in September, depending on demand.

LNV | 4th Thursday Evenings | 19:30 – 21:30 | Monthly Meetings

This track is organized by groups, and meets on the 4th Thursday evening of every month (excluding March and August). If you are a community organizer or corporate partner representing a group or company and you would like to reserve this session, please contact us.

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Program starts in April or in September, depending on demand.

LNV | Saturday Afternoons | 14:30 – 16:30 | Weekly Meetings

The afternoon track is organized by groups or corporate partners. If you are a community organizer or corporate partner representing a group and you would like to reserve the afternoon class, please contact us.

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Program starts in April and in September.

Group Tracks Starting in April

LNV | Saturday Afternoons | 14:30 – 16:30 | Weekly Meetings

The afternoon track is organized by groups or corporate partners. If you are a community organizer or corporate partner representing a group and you would like to reserve the afternoon class, please contact us.

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Program starts in April and in September.

Open Enrollment Tracks Starting in September

LNV | 3rd Thursday Evenings | OPEN ENROLL | 19:30 – 21:30 | Monthly

In principle, this track meets on the third Thursday of every month (excluding March and August) and is Open Enrollment. Please use the application form to request a seat in the program.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Program starts in September.

LNV | Saturday Evenings | OPEN ENROLL | 19:30 – 21:30 | Weekly

The evening track is Open Enrollment. Please use the application form to request a seat in the program.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Program starts in April and again in September.

Open Enrollment Tracks Starting in April

LNV | Saturday Evenings | OPEN ENROLL | 19:30 – 21:30 | Weekly

The evening track is Open Enrollment. Please use the application form to request a seat in the program.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Program starts in April and again in September.

ADDITIONAL ADMISSIONS INFORMATION

  • Seats are limited, so please apply early.
  • LNV Programs start in April and in September.
    • Application Deadline for Programs Starting in April: Last day of February.
    • Application Deadline for Programs Starting in September: Last day of July.
    • If you are a Corporate Partner or a Community Organizer, then please Contact MDI.TOKYO to reserve a track for your Group.
  • MDI.TOKYO makes it very easy to start LNV:
    • No transcripts are required!
    • No standardized test scores are required!
    • No letters of recommendation are required!
Follow the Launching New Ventures Program on LinkedIn.

FEES & PAYMENTS

  • The fee for the course is 100,000 JPY (+ 8% tax) per Participant.
  • The fee includes tuition, access to a Learning Management System that supports the Course, and all required reading materials which are mostly supplied digitally, usually as PDFs.
  • Applicants who are accepted into a Program or Course will receive an invoice issued via email.
  • Payment can be made via bank transfer or via credit card online.

FAQ

Is this Program taught in English or in Japanese?

  • Reading materials are provided in English.
  • Learning Sessions are conducted in English, but if you get stuck and you want to make a point in Japanese that is fine.
  • Journal Entries can be submitted in English or Japanese.
  • The Instructor uses English to conduct the Program, but she/he can read and speak Japanese proficiently.

How long is this Program?

  • LNV has 10 Learning Sessions.
  • If you are participating in the Saturday Business School format, the Program will conclude within 90 days.
  • If you are participating in the Weeknight Business School format, the Program will conclude within 12 months.

Is this an MBA-level Program?

  • This Program is adapted from a 15-session, MBA-level Course. Each class session was 90 minutes.
    • This Program is very Learner-friendly. Six previous versions taught by the instructor have been successfully completed by professionals with various levels of academic preparation and English ability from Japan and around the world.

What is the required number of Participants?

  • Each Cohort needs a minimum of 15 participants.

Do Participants have to pay for the readings separately?

  • No, the readings are included as part of the tuition fee. The majority of the readings come from the digital repository at Harvard Business School Publishing so they will be made available to the Participants online.

Is there a dress code for Participants?

  • We think business or business casual works well. Learners learn more – and often earn more – when they are dressed for success!

What do I receive if I successfully complete the Program?

  • If you successfully complete the Program, you will receive a Certificate of Completion issued by MDI.TOKYO through Accredible.

Do Participants have access to a Learning Management System (LMS)?

  • Yes, this course makes use of CANVAS by Instructure. Participants have access to the LMS during the Course.

What are the technology requirements to participate in this Course?

  • PC, web browser, and internet connection.
  • Other?

When is the Application Deadline?

  • For Programs beginning in April, the deadline is the last day of February.
  • For Programs beginning in September, the deadline is the last day of July.
  • Please apply as early as possible.

How often is this Program offered?

  • Some Program tracks start in April and others in September. The number and availability of tracks depends on demand. The Program is offered every year.

Will the Instructor write a letter of recommendation in support of my application to graduate school?

  • MDI.TOKYO is happy to provide a letter of recommendation for everyone who successfully completes the Course.
  • In principle, we will write up to 3 letters for an Alumnna/Alumnus of MDI.TOKYO Programs and Courses.
  • After the 3rd letter, we assess a nominal fee for each additional letter.

Can Groups That Reserve Powered by MDI.TOKYO tracks have their Learning Sessions hosted at MDI.TOKYO?

Yes.

Are you ready to begin your startup journey?

REAL WORLD RELEVANCE

Did you know that there is a growing startup ecoystem in Tokyo?

Examples of firms and organizations that specialize in supporting startups in Tokyo include the following:

Business Registration Assistance from Tokyo Metropolitan Government


Marunouchi / Nihombashi Area Incubators


Demos, Pitches, Contests, & Conferences

  • Morning Pitch | One of the most famous startup pitches in Japan, Morning Pitch is a weekly startup pitching event were selected startups present their businesses to over 100 participants coming from public companies, VC firms and the media. Produced by Tohmatsu Venture Support (TVS).
  • Japan Venture Awards | High profile contest organized by Japanese government. Sometimes called the Nippon Venture Award in social media.
  • Slush Asia
  • Rising Expo | is one of the largest fund-raising/business partnership events in Japan. Leading international and domestic venture capitals, major enterprises and other parties that support the venture industry in Japan get together at RISING EXPO. Venture companies selected through pre-screening can network with and give presentations to more than 100 executives and key persons.
  • CyberAgent Ventures’ Monthly Pitch | A monthly pitch contest for entrepreneurs. positioned as an efficiency enhance that enables participants to concentrate on their business and let investor funds, networks and advice to easily find them.
  • Pioneers Asia
  • Startup World Cup Tokyo Event
  • Infinity Ventures Summit
  • Tokyo Startup Gateway

Venture Capital & Angels


Media Coverage & Podcasts


Offers & Bundles for Entrepreneurs

Maker & Hacker Spaces & Communities


Digital Prototyping & Design Spaces


Co-Working Space Directories


Virtual & Serviced Offices


Other


ex-Japan (for reference)

  • Launchpad Accelerator by Google | Helping tech startups from around the world to build successful companies.
  • Google for Entrepreneurs | Brings together startup communities and create spaces for entrepreneurs to learn and work. Campuses in London, Madrid, Sao Paulo, Seoul, Tel Aviv, and Warsaw.
  • Global Accelerator Network | 6 continents, 100+ cities, 70+ accelerators—1 standard for entrepreneurial excellence.
  • Entrepreneur First | Supports engineers and computer scientists to build world-class tech companies from scratch.
  • F6S | Home to 1.5 million tech founders, 600k startups and more than 12,000 startup programs globally.
  • LearnLaunchX | LearnLaunch Accelerator provides the most promising edtech startups worldwide with seed funding, an unmatched team of mentors, intensive coaching and all the tools needed to grow a successful edtech startup.
  • Station F | The world’s biggest (34,000 square meters) startup campus.
  • TheHub.DK | A startup information hub for Danish entrepreneurs.
  • Startup Institute | A program to launch careers into the innovation economy.
  • StartX: a non-profit organization whose mission is to accelerate the development of Stanford’s top entrepreneurs through experiential education.
  • Venture for America: Connects recent college grads with jobs in startups and early-stage companies. When Fellows see someone building a business first-hand, it lets them see that they can, too.
  • Atipica: Innovative, automated data-driven tools for people analytics that helps de-bias the hiring process.
  • Exemplar Pitch Decks | From attach.io!

Company Builders


Incubators, Accelerators & Programs (inside 23 Wards of Tokyo)


Corporate Accelerators


Community & Event Organizers


Supporting Entrepreneurs