The International Business Ventures (IBV) Enterprise at Michigan Technological University offers a unique opportunity for students to learn how best to work cooperatively with other classmates as well as students and businesses worldwide to develop and bring to market new products for which a need has been identified.
With a hierarchal arrangement mimicking a functioning business (faculty as Board of Directors, a student CEO, and sectional team leaders), IBV presents students with authentic challenges faced outside of academia to better prepare them for work in industry. As an ongoing organization, IBV has and will continue to help to create invaluable experiences for students from a wide array of academic disciplines which can later be directly applied in the work place.
IBV is arranged in a way to best take advantage of the unique skills and passions that each member brings to the group.
IBV has groups devoted to the development of several projects which members can elect to work on.
Sub-teams within a project:
To achieve high-level efficiency, the individual projects have certain aspects developed by teams within that group. A project manager oversees the entire project and holds accountable the team leaders who work with and manage the members working on that sub-team.
A packaging team then develops the models, materials, and mode of manufacture for the devices using shared constraints with the circuit team, who are responsible for the electrical aspects of the device.