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ESSEC Ventures: Venturing into Silicon Valley

Julien Morel, Executive Director of ESSEC Ventures, talks about exciting new partnership with HubTech 21

Fri Jul 13 2012

BusinessBecause
Julien Morel is understandably proud of ESSEC Ventures, a resource for the most entrepreneurial of ESSEC students. It is home to more than 60 start-up companies which are developed in their incubators each year, and a network of 35 partners which are able to invest seed capital in ESSEC Ventures companies. The move to Silicon Valley seeks to give ESSEC students a platform allowing them to develop their businesses in the United States,

On the move to Silicon Valley, Julien says ‘Our start-up companies have very strong aspirations to be in Silicon Valley: more than half of the companies have a significant web division. Last year alone, no less than 3 companies left and set up camp in California (OneFeat, Bankin, and eLive) and the majority of the other companies would, at some point, like to develop their businesses in the United States. This all ties in to our mission at ESSEC to allow our student entrepreneurs to have a global vision of business.’

This is where Hubtech 21 steps in. HubTech 21 is an accelerator for entrepreneurs who wish to develop their businesses in the U.S. In collaboration with Atelier BNP Paribas, they provide coaching and dedicated workspace to companies with high-tech projects, and they also enable these start-ups to access the well-established “frenchy” network in Silicon Valley. Julien mentions that ‘HubTech 21 is also a partner of New Technology Venture Accelerator (NETVA), which is a program that provides personalized coaching, helps companies analyse their opportunities, and assists in the development of technology partnerships between France and the U.S.’ This French-American connection is justifiably an area of interest, as crossing the Atlantic is a big step for any business which hopes to compete internationally.

That is not to say that the international ambitions of ESSEC Ventures are limited to the United States: they’re also developing their network and companies in Asia. As Julien says, ‘With one of our campuses located in Singapore, this offers a perfect hub for growing and expanding in China and in BRICS. We are in discussion with the government on how to significantly augment our entrepreneurial presence. We also have other expansion projects in France where the entrepreneurial effervescence of ESSEC Ventures has the most impact.’ With such ambitious plans for growth worldwide, ESSEC are sure to produce some of the biggest entrepreneurs of tomorrow. Watch this space...

Student Reviews

ESSEC Business School

Student

Verified

5/12/2023

On Campus

The best intercultural university

There are more than 50 nationality in the grade, so there are opportunities to interact with people from all around the world. In terms of academics, the BBA course offers diverse courses for the 1st

Student

Verified

6/04/2022

On Campus

Creativity, adaptability and entrepreneurship

The Master in Management program at the ESSEC Business School allows the students to choose their courses accordingly to their preferences and their professional targets. We can also go through international exchange and take part in internships with companies that are also partners with the school. The school is also next to the city of Paris.

Prithwiraj

Verified

17/11/2021

On Campus

Top business school in France

Doing PhD in essec took some time, to be precise about five years. But the experience was very good and cost effective too. There are opportunities for the student for teaching assistantship and that helps both financially and in career. In the final year I could manage to teach marketing to M1 students and this helped shape my career

Student

Verified

30/10/2021

On Campus

Great college

The program is well suited for early professionals with an engineering degree preferably or a degree in economics. I would suggest taking the ceasure irrespective of the experience level as it helps you take your time to adjust to the job market.

Student

Verified

30/10/2021

Blended

Good school in France

I am currently enrolled in M2 in Essec business school. I am specialising in marketing management. The Grande Ecole programme is valued in France and my school ranks very high up. There are a lot of opportunities for internships and CDD.

Student

Verified

9/02/2020

The program curriculum

BBA program. The program is really practical and useful, provide us many international opportunities. Like internship and humanitarian experience, and the flexibility is also really cool, we can choose different campus and tracks as we want.

Véronique

Verified

11/12/2019

International Course

This school is very international and business oriented. Highly recognized by the companies The campus has been renovated and is very functional and modern from now on. Excellent atmosphere. Reputation of essec is a plus

kevin

Verified

11/11/2019

Friends, Career opportunities.

The program I did gave me the opportunity to start in Singapore. I got the chance to know all the students that started there and we bonded and made some friends for life. The career opportunities that ESSEC also gave me were unbelievable.

Student

Verified

25/09/2019

Practical and useful

I think the best thing about Essec is that it's not focusing on academics rather it emphasizes on future job mindset and professional experiences.. The classes are interesting and we have plenty of workshops attributing to different sectors.. The campus is very nice with a good cafe and wonderful library. The only problem is the location of the campus. It's quite far from Paris.

Kartik

Verified

14/02/2024

On Campus

Amazing experience! Must try

I think its a very amazing school with great and experienced faculty. Also the alumni network is very solid and useful. The school has a great balance of studies and work experience which is really essential for a student.

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