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Distinction: Social Entrepreneurship

Table of Contents

Program Contacts

...

Mini Kahlon
mkahlon@austin.utexas.edu

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Table of Contents

Program Contacts

Program Director

Associate Dean of Innovation & Entrepreneurship

Assistant Dean of Medical Innovation & Entrepreneurship

Program Manager

John Luk
john.luk@austin.utexas.edu

Stephen Ekker
stephen.ekker@austin.utexas.edu

Maarten Rotman
maarten.rotman@austin.utexas.edu

Laura Rosen
Laura.Rosen@austin.utexas.edu

Overview & Curriculum

The MS3 Social Entrepreneurship (SE) Distinction is a deep dive into social innovation, entrepreneurship, and capacity-building. Students completing the Distinction will learn how to leverage their knowledge of the healthcare system and medical expertise to make an impact in the healthscape (i.e., settings beyond the clinic). In this Distinction, students will learn how to move an idea for social impact from concept to reality, diversifying their skillset to include new skills in areas like program design, management, fundraising, impact evaluation and more.

...

Recognizing the complexity of tackling the social drivers of health and in an attempt to offer maximum flexibility to students—particularly those interested in social impact but not entrepreneurship—the SE Distinction offers two options:

  1. Social Entrepreneurship or Innovation: Students build, launch and grow a new non-profit, for-profit or hybrid program with a social mission alongside mentors from The Impact Factory, the Healthscape Pillar at DMS, and/or other relevant entities across UT. Previous projects, among others, include Good Apple Foods and Early Bird.

  2. Capacity-Building: The SE Distinction places students within or alongside a local community health clinic, social services agency or other relevant public service organization to help implement high-level special projects that improve health beyond the clinic. The SE Distinction, in partnership with the community agencies, develops project options aligned with priorities of the Healthscape Pillar.

    Potential areas of focus include health equity, health communication, and environmental health, among others. Potential partners include, but are not limited to, Factor Health and the Department of Population Health at DMS. The Distinction works to match students with a project aligned with their interests, as well as faculty with relevant expertise to mentor students.

    Consider one example capacity-building project: an MS3 helps implement a social care referral platform, including providing high-level support to local FQHCs implementing the “Model Community”—a community-level social care referral platform project led by DMS.

Objectives

Each student participating in the SE Distinction will lead at least one startup or innovation project as they learn the following over the course of the program:

  • Principles of human-centered design and hypothesis-driven startups

  • How to build and lead effective teams

  • Organizational planning and development

  • How to effectively pitch ideas to potential funders, partners, customers and clients

  • How to write persuasively to diverse audiences, including lay public, policymakers, academia and funders

  • Fundraising, including best practices in pursuing angel donors, foundation grants and grassroots campaigns

  • Principles of program evaluation and impact measurement

  • The impact of domestic poverty and other disparities on health and economic opportunity, as well as relevant local, state and national policies and programs

  • How to leverage medical expertise and knowledge of the health system to build effective cross-sector partnerships

  • Some students may gain experience validating markets, understanding competitors and unit economics, managing revenues and expenses, and navigating legal entity formation

Benefits & Anticipated Outcomes

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Apply to the Distinction

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title

Application Materials

  • Contact the Distinction Director by October of your MS2 year to see if you are a good fit for this distinction

  • Application due by the end of the

    March MS2 Intersession each year

    first week in March

Application Instructions

How many students are you willing to accept?

...

Please limit responses to one page, single-space, 12-point font.

  • What do you hope to learn from the Social Entrepreneurship Distinction?  What do believe you will contribute, and to whom?

  • Please describe your planned Distinction project/s, including:

    • purpose, aims, and activities;

    • expected outcomes; and,

    • a timeline, in table form, detailing the steps you will take between now and the start of the Distinction year in mid-August to set your project up for success. We would like for you to start the Distinction year with a vetted project idea and partners so you can hit the ground running.

(2)  Resume

Your resume should be two pages or less.

...

We are committed to making this 9-month experience as meaningful and effective as possible. If you’d like to make a recommendation on how we can improve the application process, please email us at TheImpactFactory@austin.utexas.edu.

Milestones & Workload

Research -Distinction

Year

Month

Activity

MS2

September - February

Meet with program representatives and attend Distinction presentation to see if the program is a good fit. If so, students should spend this time developing their project idea.

MS2

December - February

Work on application, interview with Distinction Director

MS2

By the end of January

SE recruits community partners for capacity-building option, and works with them to identify special projects for the following academic year

MS2

By end of the first week of March

Completed application, interviewed by Distinction Director

MS2

April 30

Applications approved by the Distinction’s advisory committee

MS2

Around last Intersession

Student(s) selected for Distinction report out to DMS Distinction Oversight committee in Intersession on goals for year 3, and what led the student(s) to select this Distinction.

MS2-MS3

June - August

Meet with Distinction Director and staff to begin refining the project plan that maps out deliverables and timelines for the year, due in September.

MS3

Monthly

At least one SE objective is taught to students each month on a set schedule shared with students at the beginning of their year. A few of the months will be “elective months” during which students can choose from topics taught in other courses offered by The Impact Factory (e.g., “Civic Entrepreneurship”, “Impact Corps”, etc.). Some objectives have deliverables students will submit. For example, students will write a blog post or opinion editorial as part of their learning on how to write persuasively to diverse audiences. Students could also choose to audit courses relevant to skills they are looking to build; The Impact Factory has built partnerships with professors at diverse colleges at UT Austin, many of whom are Impact Fellows, offering relevant courses.

MS3

4/26/23

Late April or early May

Discovery & Inquiry Symposium presentation

Grading Rubric

Progress Reports:

A progress report is required for each student every three months. Students submit these reports on the Innovation, Leadership and Discovery Canvas site. Who will be meeting with the students and signing off on their progress every three months?

  • Students will present to the Distinction’s advisory committee every three months. The Distinction’s Director will assess the ILD grading rubric objectives and sign off on their progress.

Final Deliverable:

  • Final deliverables are due by their due date at the end of the Spring semester. Each student participating in the SE Distinction will lead at least one startup or innovation project and participate in all dimensions of developing and implementing the project. All students will be required to give a presentation about their innovation, experiences, insights and results. They will also be required to submit a final report about their experience and learnings at the end of the year.

Fail

Pass

Honors

-
  • Did not meet the expectations as listed in Pass

All of the below:

  • Final report about experience and learnings submitted on time
  • Local presentation of project
  • Professionalism standards upheld
  • Submitted all required deliverables for objectives and deliverables met expectations.

Met "Pass" standards AND:

Social Entrepreneurship:

- Launch new program during 9-month experience

- $100,000 or more in third party financing

Social Innovation:

- Launch new program during 9-month experience

- $5,000 in third party financing

Capacity-Building:

- Meet all
  • Did not complete any assigned make-up work 

Achieved all areas below:

  • Presentation of project at Spring symposium

  • Professionalism standards upheld as outlined in the Dell Med Student Professional Conduct Policy and including:

  • Attending regular meetings with course instructor and Distinction meetings; and,

  • Meeting communication expectations within reason.

  • All required Distinction deliverables are submitted and meet assignment expectations

  • Meets expectations on all ILD Rubric competency categories

Meets "Pass" grade criteria AND at least ONE of the following:

Social Entrepreneurship or Innovation option:

  • Significant progress towards launch during 9-month program, majority of student’s workplan outcomes achieved and student exhibits consistent enthusiasm and engagement.

Capacity Building:

  • Scope of Work objectives, as agreed upon with partner organization

- Student
  • , are met; student receives high reviews from partner organization

**The Distinction in Social Entrepreneurship's Advisory Committee may award Honors to students not meeting the above criteria based on a review of body of work**
  • ; majority of student’s workplan outcomes are achieved and student exhibits consistent enthusiasm and engagement.

 Entrepreneurship option:

  • >$10,000 in third party financing

 Innovation & Capacity Building Option:

  • $5,000 in third party financing

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