The Launching New Ventures Program (LNV) is designed to help participants acquire an entrepreneurial mindset while reviewing the fundamentals of business.

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 simply enjoy learning about business in English.

PROGRAM DESCRIPTION
The Launching New Ventures Program (LNV) is an active learning Program focused on developing an entrepreneurial mindset while reviewing the basics of business. This Program includes ten (10) Learning Sessions driven by a combination of lectures and facilitated class discussions, and team-driven experiential exercises. Participants receive access to a Learning Management System (LMS) and all required readings. (Most readings come from the repository at Harvard Business School Publishing).

CONCEPTS COVERED
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.

LEARNING DESIGN
1. Before each Learning Session, participants complete the assigned reading(s) and the pre-session journal entry.

2. Each Learning Session is conducted in person (i.e. face-to-face) and all Participants are expected to attend. Typical Learning Sessions include both lecture and facilitated discussion, as well as experiential exercises which enable Participants to immediately apply the lessons learned. Experiential exercises are completed as a team helping to make learning social, transformative, and fun.

3. In accordance with best practices and to enhance learning outcomes, journal entries are also written after each Learning Session. Independently, Participants who are actively working on a business idea are encouraged (but not required) to use the Program and a Business Model Canvas to refine and test their business idea.

PROGRAM ORIGINS
Variations of this Program have been offered to MBA students and undergraduate students every year since 2011. This Program was originally built on the backbone of the most popular elements of an Introduction to Entrepreneurship course that was taught at a business school in the USA from 2005-2011, and it has been updated over time in accordance with student feedback and startup ecosystem evolution.

 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.”

OUTCOMES ← FEATURES & BENEFITS

Outcomes.

Participants can develop an Entrepreneurial Mindset while building a stronger foundation in business fundamentals.

Features.

  • Instructor is American business professor who holds a Ph.D. and has been teaching in higher education since 2001.
  • Program materials are mainly chosen via Harvard Business School Publishing.
  • Participants get access to a Learning Management System and participate in a Structured Learning Process (including Online Journaling before and after each Learning Session).
  • In-class experiential exercises reinforce key concepts.
  • Monthly Meeting or Weekly Meeting formats.

Benefits.

  • Participants can develop a more entrepreneurial mindset, and a more global perspective on business fundamentals in English.
  • Deeper, active learning experience,
  • better classroom performance,
  • improved communication skills,
  • better problem solving/critical thinking skills, and
  • better team work/collaboration skills.
  • Participants can preserve work-life balance (monthly meeting format) or match the pacing of university courses (weekly meeting format).

Participants who successfully complete the Program will receive a digital Certificate of Completion and earn MDI.TOKYO alumni status.

Questions? You can contact us any time!

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: Segmenting, Targeting, Customer Value Propositioning, and Positioning
  • 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 entrepreneurial mindset while reviewing the basics of business.

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

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.

WHO SHOULD PARTICIPATE

This Program is suitable for anyone who is enthusiastic about learning and wants to develop an entrepreneurial mindset while learning about or reviewing business fundamentals in English. Versions of this Program have been offered to MBA students and undergraduate students from around the world since 2011.

  • If Participants are taking the Program through a Private Reserve Track (see Admissions below), then the members of the Talent Development Network who are sending employees and MDI.TOKYO will collaborate to design the target Participant Profile. (To promote classroom diversity, when possible, we encourage members to send three participants from their company: 1 male, 1 female, and 1 non-Japanese).
  • If Participants are taking the Program on premises supplied by their employer, then the HR Professional or Hiring Manager responsible for this L&D initiative will determine the target Participant Profile.
  • If Participants are taking the Program through a Group Track (see Admissions below), then the Community Organizer and MDI.TOKYO will collaborate to determine the target Participant Profile. (We encourage Community Organizers who are building diversity and inclusion into the future of their community to consider recruiting diverse Participants).

ADMISSIONS

This Program fully leverages MDI.TOKYO’s innovative approach to admissions; that is, the admissions function is performed either by the Participant’s Employer (via membership in the Talent Development Network) or by your Community Organizer:

For Company-Sponsored Participants

If you are a professional with HR or L&D responsibilities and you are a member of our Talent Development Network you can reserve seats for your employees to participate in a Talent Development Network – Private Reserve Track.

Alternatively, if you have a minimum of 15 Participants, you can have an MDI.TOKYO Program delivered on your company premises. When delivered on your premises, Programs can be delivered in the afternoons or evenings depending on capacity.

Please contact us to discuss your needs.

For Self-Sponsored Participants

Community Organizers who are interested in having MDI.TOKYO deliver Launching New Ventures to their group (e.g. networking groups, industry groups, alumni groups, groups of friends, JET Programme participants, etc). can reserve a Powered by MDI.TOKYO – Group Track. With a Group Track, the Community Organizer is in charge of admissions (but MDI.TOKYO is happy to offer advice).

Please contact us to discuss your needs and to reserve a Group Track.

If you are an individual interested in participating in an MDI.TOKYO Program, please ask your colleagues in HR or your boss (if he or she has L&D responsibilities) to reserve a seat for you. If your company will not sponsor you, please consider becoming a Community Organizer and reserving a Group Track.

Private Reserve Tracks (Monthly Format)

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

This track is reserved for members of the MDI.TOKYO Talent Development Network. These members can reserve seats on behalf of their employees. It meets on the 3rd Thursday evening of every month (excluding March and August). Members of the Talent Development Network will receive an email in May asking how many seats they would like to reserve for a September LNV start, and another email in October asking how many seats they would like to reserve for an April LNV start.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Actual number of Participants depends on demand and will be decided in concert with participating Talent Development Network members who are sponsoring employee participation.
  • Program starts in April or in September, depending on demand.

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

This track is reserved for members of the MDI.TOKYO Talent Development Network. These members can reserve seats on behalf of their employees. It meets on the 4th Thursday evening of every month (excluding March and August). Members of the Talent Development Network will receive an email in May asking how many seats they would like to reserve for a September LNV start, and another email in October asking how many seats they would like to reserve for an April LNV start.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Actual number of Participants depends on demand and will be decided in concert with participating Talent Development Network members who are sponsoring employee participation.
  • Program starts in April or in September, depending on demand.

Group Tracks (Monthly Format)

  • The monthly meeting format offers an opportunity for deep learning that does not interrupt your work-life balance.

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.
  • Actual size of the group will be between the minimum and the maximum, and will be decided by the Community Organizer.
  • 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.
  • Actual size of the group will be between the minimum and the maximum, and will be decided by the Community Organizer.
  • Program starts in April or in September, depending on demand.

Group Tracks (Weekly Format)

  • The weekly meeting format mimics the pacing of university offerings and enables Participants to move more quickly through the Program.

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

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

  • Minimum group size is 15 Participants.
  • Maximum group size is 60 Participants.
  • Actual size of the group will be between the minimum and the maximum, and will be decided by the Community Organizer.
  • Program starts in April and in September.

LNV | Saturday Evenings | 19:30 – 21:30 | Weekly Meetings

The evening track is organized by groups. If you are a community organizer representing a group and you would like to reserve the evening track, please contact us.

  • Minimum number of Participants is 15.
  • Maximum number of Participants is 60.
  • Actual size of the group will be between the minimum and the maximum, and will be decided by the Community Organizer.
  • Program starts in April and again in September.

ADDITIONAL ADMISSIONS INFORMATION

  • LNV Programs start in April and in September.
    • Reservation Deadline for Programs Starting in April: Last day of February.
    • Reservation Deadline for Programs Starting in September: Last day of July.
Follow the Launching New Ventures Program on LinkedIn.

FEES & PAYMENTS

  • The fee for the Program is 100,000 JPY (+ 8% tax) per Participant.
  • The fee includes tuition, access to a Learning Management System that supports the Program, and all required reading materials which are mostly supplied digitally, usually as PDFs.
  • Payment can be made via bank transfer. In the case of individuals paying for their own participation in the Program, payment can also be made by credit card.

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 Weekly 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. Seven 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.
  • Each Cohort can have a maximum of 60 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 Participants receive if they successfully complete the Program?

  • If a Participant successfully completes the Program, he or she will receive a digital Certificate of Completion.

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

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

What are the technology requirements to participate in this Program?

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

When is the Reservation 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 reserve a track as early as possible.

How often is this Program offered?

  • This Program can start in April or September, and at other times when demand and capacity exist. The number and availability of tracks depends on demand and capacity. The Program is offered every year.

Will the Instructor write a letter of recommendation in support of a Participant's application to graduate school?

  • MDI.TOKYO is happy to provide a letter of recommendation for anyone who successfully completes the Program and is applying to Graduate School.
  • 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. We currently use rental classroom facilities in Kayabacho. However, we are open to other locations upon mutual agreement. In certain circumstances a venue surcharge might be required,

Are you ready to become more entrepreneurial?

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