University of Virginia, Darden School of Business
Batten Institute for Entrepreneurship and Innovation

Celebrating 15 Years of Shaping the Future of Entrepreneurship and Innovation

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#1

Charlottesville

is the Fastest Growing VC City in the U.S. - National Venture Capital Association and PricewaterhouseCoopers
Timeline

Events 2015–16

In 2015–16, the Batten Institute hosted and sponsored dozens of events that promote entrepreneurship and innovation at the University and beyond.

Launch timeline

Crowdfunded Pitch Night

The i.Lab co-hosted the Crowdfunded Pitch Night, one of the festival’s most popular events. Ten local entrepreneurs were given three minutes each to pitch their projects to the crowd. The winner, Seniors Connect, earned the coveted final spot in the 2016 i.Lab Incubator class.
44

Mentors

#3

Ranked #3

MBA Program in the World for Entrepreneurship by Financial Times

Society for Effectual Action

The Society for Effectual Action, spearheaded by Darden Professor Saras Sarasvathy, is dedicated to the groundbreaking form of entrepreneurial thinking known as effectuation. Effectuation fundamentally reframes how entrepreneurship is researched and taught around the world, and how its principles are taught and applied in Darden’s entrepreneurial courses and programs. During the 2013-14 academic year, the society’s online platform, Effectuation.org, had 825 registered instructors and approximately 3,000 additional active members (which included practitioners, instructors and others).
$1M+
more than $1 million in

Scholarship Support

for MBA students

Tom Tom Founders Festival

Darden, through the Batten Institute and the i.Lab at UVA, has been a key supporter of the festival since 2013. As part of the School’s ongoing commitment to cultivate a world-class entrepreneurial ecosystem in Charlottesville, Darden expanded its support in 2016.
The Numbers

FY 2015–16 Operating Expenses

Income to support entrepreneurship and innovation through the Batten Institute is provided primarily through an endowment established by Frank Batten Sr. and the Batten family.

See the numbers
19

Internships

$110,000

in entrepreneurial competition prizes
24

New ventures in the i.Lab

Design@Darden

Design@Darden is an online community that advances knowledge and facilitates a vibrant exchange of ideas among people innovating the future of design and design thinking. By sharing inspirations, thoughts, tools and challenges, Design@Darden hopes to contribute to and enrich the global conversation around design thinking.

Forbes blog

The Batten Institute partners with Forbes to provide thought leaders from Darden and UVA with a direct channel to Forbes.com readers across the globe.
70+
more than 70 individuals named

Batten Fellows

$1 million

toward full-tuition MBA scholarships

Founders Summit

The Batten Institute sponsored the Founders Summit to help bring together an inspiring group of successful entrepreneurs to share their stories. The i.Lab hosted the panel discussion, "Building the Ecosystem: Startups, Capital and Community Ethos," moderated by Darden Professor and Chief Strategy Officer Michael Lenox. Panelists included Brendan Richardson, co-founder of PsiKick; Deb McMahon, co-founder of Scitent; and Noah Pittard, special counsel at law firm Cooley.

Charlottesville Entrepreneurs + Espresso

Entrepreneurs, faculty, staff and students gather in the i.Lab each month to hear advice from an experienced entrepreneur and a pitch from a new venture. This “caffeine-fueled” networking opportunity strengthens the entrepreneurial ecosystem by bringing together practitioners and academics alike.

$1.3 million

sponsored faculty