Why TEAMS?Why TEAMS?

The Entrepreneurial Ecosystem: The Entrepreneurial Ecosystem: Connecting Ideas, Resources & PeopleConnecting Ideas, Resources & People

BRIDGINGASSETS

INNOVATIONASSETS

TEAMS, TechConnect

Expert Partners in Rural Economic Development (e.g., IEDA, IRP)

Expert Partners in Technology Development (e.g., REE, N2TEC)

Foundations and other resources (e.g., Kauffman,

NSF)

Expert Partners in Entrepreneurial Development (e.g., EntreWorks)

ENTREPRENEURIALASSETS

Expert Partners in Small Business Development (e.g., ISBDC, WBC, SBA/SCORE)

What is TEAMS?What is TEAMS?STUDENT TEAM REAL-WORLD PROJECTSSTUDENT TEAM REAL-WORLD PROJECTS

* Unique Learning Experience and* Unique Learning Experience and* Unique Opportunity to Generate Community Value* Unique Opportunity to Generate Community Value

PROJECT TYPESPROJECT TYPES* Technology Transfer (the Krueger/INEEL TRAILS program)* Technology Transfer (the Krueger/INEEL TRAILS program)* Economic Development* Economic Development* Gazelle Entrepreneurs* Gazelle Entrepreneurs

STRATEGYSTRATEGY* Born as TRAILS, has * Born as TRAILS, has alreadyalready expanded to 4 schools expanded to 4 schools* In the process of expanding across region; web portal* In the process of expanding across region; web portal* Supports engagement of region’s ‘best & brightest’ * Supports engagement of region’s ‘best & brightest’ entrepreneurship facultyentrepreneurship faculty* Creating multi-school training program for gazelle * Creating multi-school training program for gazelle entrepreneurs!entrepreneurs!

Who is TEAMS?Who is TEAMS?

Program Manager, Norris Krueger, Ph.D.Program Manager, Norris Krueger, Ph.D.* World class expert on entrepreneurship and entrepreneurial development * World class expert on entrepreneurship and entrepreneurial development (e.g., how to nurture gazelles)(e.g., how to nurture gazelles)* Leading innovator in designing teaching/outreach programs * Leading innovator in designing teaching/outreach programs

(e.g., the national award winning TRAILS initiative)(e.g., the national award winning TRAILS initiative)* Connected to the ‘best & brightest’ in entrepreneurship and * Connected to the ‘best & brightest’ in entrepreneurship and entrepreneurial development across the US (& globally)entrepreneurial development across the US (& globally)

PartnersPartners* Partners: INEEL, INRA, Kauffman Fdn, Coleman Fdn, RDA, TechConnect* Partners: INEEL, INRA, Kauffman Fdn, Coleman Fdn, RDA, TechConnect* Networks: KCEN, Academy of Management, USASBE, * Networks: KCEN, Academy of Management, USASBE, * Friends: SBA Office of Advocacy, EDA* Friends: SBA Office of Advocacy, EDA* Faculty: The region’s -and the nation’s - ‘best & brightest’ * Faculty: The region’s -and the nation’s - ‘best & brightest’ entrepreneurship facultyentrepreneurship faculty* Advisory Board: Comprised of globally-known experts on technology * Advisory Board: Comprised of globally-known experts on technology development and entrepreneurial economic development!development and entrepreneurial economic development!

Best Practices/Critical Success FactorsBest Practices/Critical Success Factors Emphasize Distinctive CompetencesEmphasize Distinctive Competences

Can already make a difference (specific domain)Can already make a difference (specific domain) What is already working?What is already working?

““Liaison-Animateur” (Passionate Professionals!)Liaison-Animateur” (Passionate Professionals!) ContentContent ContextContext Con Brio!Con Brio!

Build Entrepreneurial EcosystemsBuild Entrepreneurial Ecosystems Networks of NetworksNetworks of Networks Tangible and Tangible and InIntangible Infrastructurestangible Infrastructures

Students are Our Secret Weapon!”Students are Our Secret Weapon!” Best practices – Students firstBest practices – Students first Best practices – Passionate, professional facultyBest practices – Passionate, professional faculty Best practices – Real projects with real valueBest practices – Real projects with real value

Best Practices/Critical Success Factors Best Practices/Critical Success Factors (don't be a “seagull”!)(don't be a “seagull”!)

How TEAMS can help!How TEAMS can help!1)      1)      Enhance Innovation Assets:Enhance Innovation Assets:

a)     Technology commercialization studies (e.g., TRAILS)a)     Technology commercialization studies (e.g., TRAILS) b)     Support for tech transfer (best practices analysis; research projects)b)     Support for tech transfer (best practices analysis; research projects)

2)      2)      Enhance Entrepreneurial Assets:Enhance Entrepreneurial Assets:

a)      Training growth-oriented entrepreneursa)      Training growth-oriented entrepreneurs b)     Connect Idaho projectsb)     Connect Idaho projects c)      Industry analyses [e.g., the co-op project]c)      Industry analyses [e.g., the co-op project]

  3)      3)      Enhance Bridging Assets:Enhance Bridging Assets:

a)      Multi-school ‘virtual incubator’ course; a)      Multi-school ‘virtual incubator’ course; b)     train-the-trainer re entrepreneurial economic development;b)     train-the-trainer re entrepreneurial economic development; c)      Support projects for economic development entities (e.g. S&T Office);c)      Support projects for economic development entities (e.g. S&T Office); d)     Web portal;d)     Web portal; e)      Connections to multiple external networks to provide expertise (e.g., e)      Connections to multiple external networks to provide expertise (e.g.,

TEAMS’s network of regional and national experts)TEAMS’s network of regional and national experts) f)f) Studies on partnering [city of Boise] Studies on partnering [city of Boise]

Existing Projects/AssetsExisting Projects/Assets Speakers/ExpertsSpeakers/Experts TrainingTraining

Entrepreneurial Economic Development (“ED for Entrepreneurial Economic Development (“ED for the 21the 21stst Century”: the Entrepreneurial Effect) Century”: the Entrepreneurial Effect)

Gazelle Entrepreneurs (e.g. virtual incubator)Gazelle Entrepreneurs (e.g. virtual incubator)

Projects for ED Organizations (IEDA, IRP, Projects for ED Organizations (IEDA, IRP, EDA, et al.)EDA, et al.)

Feasibility Studies (Community Wish Lists)Feasibility Studies (Community Wish Lists)

Existing Projects/Assets Existing Projects/Assets (cont.)(cont.)

New(er) ProjectsNew(er) Projects

City of BoiseCity of Boise Support for IRP ReviewsSupport for IRP Reviews Support for GEM?Support for GEM? Support for USDA?Support for USDA? Training for Social Entrepreneurs!Training for Social Entrepreneurs!

1)      1)      Enhance Innovation Assets:Enhance Innovation Assets:

a)      Technology commercialization studies (e.g., a)      Technology commercialization studies (e.g., TRAILS)TRAILS) Example: IVBQ AnalysisExample: IVBQ Analysis

b)     Support for tech transfer (best practices b)     Support for tech transfer (best practices analysis; research projects)analysis; research projects) Example: current best practice analysis for Example: current best practice analysis for

university tech transferuniversity tech transfer

2)      2)      Enhance Entrepreneurial Assets:Enhance Entrepreneurial Assets:

a) a)      Training growth-oriented entrepreneurs     Training growth-oriented entrepreneurs Example: Multi-university gazelle training programExample: Multi-university gazelle training program

b)  b)     Connect Idaho projects   Connect Idaho projects Example: Connect-Idaho reportExample: Connect-Idaho report

c)c) Industry analyses & feasibility studies Industry analyses & feasibility studies Example: Co-op analysis, Mackay/Arco studiesExample: Co-op analysis, Mackay/Arco studies

3)      3)      Enhance Bridging Assets:Enhance Bridging Assets: a)    a)      Multi-school ‘virtual incubator’ course;   Multi-school ‘virtual incubator’ course;

Example: Using the UCLA, et al. model, we are Example: Using the UCLA, et al. model, we are designing state of the art university courseworkdesigning state of the art university courseworkb)   b)     train-the-trainer re entrepreneurial economic   train-the-trainer re entrepreneurial economic development;development;

Example: Have established links to nation’s top Example: Have established links to nation’s top trainers in 21trainers in 21stst century economic development. century economic development.c)  c)      Support projects for economic development     Support projects for economic development entities;entities;

Example: Current projects for IEDA, IRP, SBA, INDC, Example: Current projects for IEDA, IRP, SBA, INDC, EDA, TechConnect, Science & Technology OfficeEDA, TechConnect, Science & Technology Office

3)      3)      Enhance Bridging Assets (cont.):Enhance Bridging Assets (cont.):

d)     Web portal or ?:d)     Web portal or ?:Example: Currently tasked under Kauffman grant to Example: Currently tasked under Kauffman grant to

design web portal and support electronic design web portal and support electronic communication.communication.

e) Connections to multiple external networks to e) Connections to multiple external networks to provide expertise provide expertise

Regional Example: e.g., INRA schools (Feb 27 mtg)Regional Example: e.g., INRA schools (Feb 27 mtg)National Example: e.g., TEAMS’s network of regional National Example: e.g., TEAMS’s network of regional

and national experts)and national experts)

TEAMS PROJECTS TEAMS PROJECTS (e.g., supporting science/technology)(e.g., supporting science/technology)

  Supporting Innovation AssetsSupporting Innovation Assets::

past-past- TRAILS technology commercialization studies (see TRAILS technology commercialization studies (see

IVBQ study)IVBQ study)present-present- TEAMS (broadening TRAILS)TEAMS (broadening TRAILS)future-future- Support for technology showcase (Kickstand; INL)Support for technology showcase (Kickstand; INL) Best practices analyses for tech transferBest practices analyses for tech transfer

  

Supporting Entrepreneurial AssetsSupporting Entrepreneurial Assets::

past-past- Projects assisting growth-seeking entrepreneurs (e.g., Galaxi; Projects assisting growth-seeking entrepreneurs (e.g., Galaxi;

Webphotos)Webphotos) Industry studies (see Mackay study; industry analysis)Industry studies (see Mackay study; industry analysis) Feasibility studies (see Sacajawea Center; Co-op plan)Feasibility studies (see Sacajawea Center; Co-op plan) Connect-Idaho studiesConnect-Idaho studiespresent-present- Growth business business plans (e.g., CenterPoint)Growth business business plans (e.g., CenterPoint) Additional Connect Idaho project(s)Additional Connect Idaho project(s) Development of ‘virtual incubator’ course to support gazellesDevelopment of ‘virtual incubator’ course to support gazellesfuture-future- Gazelle training (for growth-seeking entrepreneurs)Gazelle training (for growth-seeking entrepreneurs) Feasibility study for student-run angel fund (a la Utah)Feasibility study for student-run angel fund (a la Utah)

Supporting Bridging AssetsSupporting Bridging Assets:: past-past-

Projects to support community economic development professionals (e.g., Salmon, Projects to support community economic development professionals (e.g., Salmon, Arco/Mackay)Arco/Mackay)Idaho Innovation Index –draft (scorecard for measuring technology progress)Idaho Innovation Index –draft (scorecard for measuring technology progress)

present-present-Statewide:Statewide: Projects for IEDA/SIEDO, IRP, INDC, (also IDVR) Projects for IEDA/SIEDO, IRP, INDC, (also IDVR)

Regional/National:Regional/National: Project for SBA Office of Advocacy; project for EDA Project for SBA Office of Advocacy; project for EDAIdaho Innovation Index – next iterationIdaho Innovation Index – next iterationBest practices study for university tech transferBest practices study for university tech transferBest practices studies on state incentives for relocation & expansionBest practices studies on state incentives for relocation & expansionTraining in entrepreneurial (‘21Training in entrepreneurial (‘21 stst century’) economic development for IEDA century’) economic development for IEDAFunding national experts as Funding national experts as guest speakers/mentorsguest speakers/mentorsSupport “town-gown” partnerships [current study]Support “town-gown” partnerships [current study]

future-future- ‘ ‘Library’ of industry analyses on critical clusters (e.g., INEAS identified)Library’ of industry analyses on critical clusters (e.g., INEAS identified)

Rural tech transfer (South Dakota model)Rural tech transfer (South Dakota model) Invited to support GEMInvited to support GEMInvited to support IRP reviews (e.g., Salmon)Invited to support IRP reviews (e.g., Salmon)

TEAMS is at your service!TEAMS is at your service!