Look Inside the Enterprise Studio

An Incubator for Student Businesses Born at Sotheby’s Institute of Art

Now more than ever, art business has shifted from a landscape built on a legacy to one accelerated by cutting-edge technology and next-gen business practices. Sotheby’s auction house has emerged from its long-standing status as the world’s largest and oldest art business to also be a leader in digital advancement. In recent years Sotheby’s Institute has correspondingly introduced new areas of academic inquiry, from a program in Art Logistics to electives in technology and online courses on blockchain and NFTs.

Each year, Sotheby’s Institute asks incoming graduate students what sector they intend to pursue after their studies and there has been a growing interest in entrepreneurship, over 40% of the most recent class self-identified as future entrepreneurs. It was to support these up-and-coming disruptors, innovators, and change-makers of the art world that Sotheby’s Institute established the Enterprise Studio in 2022 – the graduate student center for art and entrepreneurship.

A Global Idea and a Physical Space

About Enterprise Studio

The Enterprise Studio was created as an extra-curricular program for Master’s students to receive training and support for new business ventures, culminating in a start-up pitch competition, the Gavel. Through close access to mentors, students have the chance to shape their plans from ideation to execution with the winning Gavel team receiving significant seed funding for their future business.

Jeffrey Boloten on Entrepreneurship

Institute faculty and Co-Director of the Enterprise Studio, Jeffrey Boloten share his views on entrepreneurship. Jeffrey brings years of entrepreneurial experience to students seeking to solidify their visions on what it means to make change happen within the art world.

2025 WINNER

The Image Platform Built by and for African Creators

MA Art Business alumna and the 2025 winner of The Gavel, Chantel Thompson combined her curatorial experience with entrepreneurial skills to launch NOW Images—a curated digital licensing platform showcasing authentic African photography.

2024 WINNER

A Unified Online Art Space for the Indian Art Market

Alumna Kanishka Porwal, artist and the 2024 winner of The Gavel, shares her journey at Sotheby’s Institute and her vision for One-IN-Art – a platform aimed at amplifying the cultural richness of Indian art.

2023 WINNER

An Insight Into Sustainable Art Logistics

Alumna Mithra Stevens is an art historian specialising in sustainable logistics within the fine art sector. We spoke with Mithra about her time at Sotheby’s Institute and how art world organisations can address their carbon footprint.

2022 WINNER

The Alumna Giving Plastics a Second Life

The ability to promote sustainable development has become an essential skill for art professionals in both public and commercial sectors. These notions form the ethos behind MA Art Business alumna, Elsa Åkesson’s Spongy Bags.