TECHNOLOGY ENTREPRENEUR CENTER

JULY 27, 2011

Current Strategy and Programming

Future Direction of Program Top Three Challenges

Agenda

Andrew Singer Director, TEC Professor, Electrical and

Computer Engineering Jed Taylor

Assistant Director Stephanie Larson

Program Marketing Coordinator, TEC & Innovation Living-Learning Community

Danyelle Michelini Marketing Specialist

TEC Staff Scott Martin

Marketing Coordinator Jennifer Bechtel

Program Specialist, Innovation Living-Learning Community

Michelle Lenzen

Marketing Intern Lyndsey Taylor

Journalism Intern Eric Mills

Web Developer Intern Tanmay Chowdhary

Video Intern

TEC Faculty & Affiliated Faculty

Brian Lilly Adjunct Associate Professor,

Industrial and Enterprise Systems Engineering

Paul Magelli Clinical Professor of Business

Administration, College of Business

Deana McDonagh Associate Professor of Industrial

DesignSchool of Art + Design / Beckman Institute

Jeffrey M. Kurtz Adjunct Lecturer of Business

Administration Rhiannon Clifton

Lecturer, Program Director, Department of Advertising

Sanjay Patel Professor, Electrical and Computer

Engineering David Weightman

Professor, Industrial designSchool of Art and Design

Bruce A. Vojak Associate Dean for External

Affairs, College of Engineering Joseph Barich

Adjunct Professor, College of Law Stephen Zahos

Lecturer and Senior Capstone Design Course Coordinator, Agricultural and Biological Engineering

TEC mission: what do we do?

To provide the education, experiences, and resources that students need to become innovative leaders in their fields

To highlight the University’s rich history and culture of innovation to inspire its engineering students to become the next generation of world-changing visionaries, leaders and entrepreneurs

T. Patrick Walsh, ’07 Engineering Physics, Economics

Engineers Without Borders village electrification project in a poor, rural Indian village

Learned that 1.6 billion people burn kerosene at night as their sole source of light.

Since graduation, Patrick and his company, Greenlight Planet, have produced solar charged, LED-lanterns and are currently selling them through NGOs in developing countries.

Acquired start-up funds through TEC competitions and courses, including $10K and $20K grants he wrote to the DOE and the NCIIA as projects for courses offered through the TEC.

Offices in China and India, working for the past few years to spread the word and help the daily lives of billions of people, and reduce global CO2 emissions (200B kg) in the process.

Jonathan Naber, ‘11 Materials Science and Engineering

Developed affordable prosthetic arms, hands and fingers for populations in underdeveloped countries.

Guided by his passion for helping the less fortunate, Illini Prosthetic Technologies used low-cost materials to create an arm that is extremely functional, durable and easily manufactured.

Traveled to Zacapa, Guatemala last summer to test the prototype at Range of Motion Project prosthetics clinic with patients, aged six to forty-three.

TEC overview

Curriculum• 4 certificates• 13 courses

Programs• Workshops• Competitio

ns

Resources• Connection

s to funding

• Space• Mentors

Technology Commercialization (undergraduate)

Professional Skills (undergraduate)

Strategic Technology Management

(graduate/professional)Business Management for

Engineers (graduate/professional)

• Lectures in Entrepreneurship 

• Engineering Law 

• Technology Entrepreneurship 

• Business Technical Consulting

• Venture Creation Senior

Design

• Technology Innovation & Strategy • Finance for Engineering Management• Legal Issues in Entrepreneurship• Technology Entrepreneurship• Sales & Marketing for Engineers• Venture Funded Startups• Managing Advanced Technology

TEC Certificate Programs

Course enrollment per academic year

'00-'01 '01-'02 '02-'03 '03-'04 '04-'05 '05-'06 '06-'07 '07-'08 08-'09 09-'10 10-'11

1000

900

800

700

600

500

400

300

200

100

0

Over 7,000 Enrolled in TEC Courses

Innovation Living Learning Community

New living-learning community dormitory for all students with an entrepreneurial, innovative spirit.

2010-11 was the pilot academic year. Fully equipped “garage,” special courses, guest speakers,

resources enabling students to bring their ideas to reality. Dormitory houses 140 students and was oversubscribed. First stage in the pipeline of innovation and creativity. Implemented from concept to completion in 18 months. Funded by TEC; Office of the Vice President for Technology and

Economic Development (OVPTED); Student LLC Housing Fees; Illinois Ventures; Student Orientation Fees; Provost Office; and a NCIIA Planning Grant. The funding covered new student orientation, staffing, courses, workshops & programming, promotional items, recruitment of new students, supplies, and travel (to other entrepreneurial LLCs).  

V. Dale Cozad New Venture Competition

Campus-wide new venture competition Administered in partnership with the Academy for

Entrepreneurial Leadership Designed to encourage students, researchers, and

community members to create sustainable businesses in the Champaign area

Encourages innovation and entrepreneurial spirit through teamwork and competition and fosters inter-disciplinary collaboration

Teams win funding and prizes to move their ventures forward

For 2010-11: 55 submissions, 18 semi-finalists, 6 finalist teams Effimax Solar and Contendable tied for 1st place,

each receiving $4,500 for their venture Cozad will kick-off this year

on November 10th!

Lemelson-MIT Illinois Student Prize

Campus-wide $30,000 student prize for invention/innovation Goal: to recognize and reward

outstanding innovation and creativity; to generate excitement about entrepreneurship, science and engineering

Now open to seniors and graduate students on the Urbana-Champaign campus

2007 Winner: Michael Callahan

2008 Winner: Patrick Walsh

2009 Winner: John Wright 2010 Winner: Jonathan

Naber 2011 Winner: Scott Daigle

Silicon Valley Workshop

In the past, this has been sponsored by College of Engineering, TEC, Academy for Entrepreneurial Leadership

In January 2009 and 2010, 25 students attended a 2-week workshop in Silicon Valley to learn about SV ecosystem for entrepreneurship

TEC plans to hold a week long workshop in Silicon Valley this January 2012

Chicago Workshops

Sponsored by TEC and Academy for Entrepreneurial Leadership

In Summer 2010 and January 2011, ~30 students attended a 3 day workshop in Chicago to learn about entrepreneurship and the start-up culture

TEC plans to hold another 3 day

workshop in Chicago from

August15-17, 2011

Student Venture Accelerator

Provides experiential learning opportunity for students throughout College of Engineering & the campus Equipment, supplies and

mentoring that students need to pursue their own product innovations

Students can develop prototypes for Cozad Competition, Lemelson-MIT Illinois Student Prize, and other TEC programs and activities

Patent Clinic

Collaboration with College of Law, Adj. Prof. Joseph Barich

Third-year law students author patent applications for TEC student inventors

6-10 patent applications per year

Invention to Venture (I2V)

Sponsored by National Collegiate Inventors and Innovators Alliance (NCIIA) One-day workshop introduces students,

faculty, and community members to various topics designed to help them start their ventures

2011 Invention to Venture

100 attendeesGreat lineup of

speakers!

Venture Lab

Sponsored by National Collegiate Inventors and Innovators Alliance (NCIIA)

Five-day workshop for early-stage start-up companies to put together a commercialization plan

Allows companies to evolve their business strategy, sales channels and marketing as well as better understand the financial mechanics of their venture, with the help of people who have been there and done it

2011 workshop focused on green and sustainable businesses

Next workshop: TBA

Charm School

Teach students various skills associated with job searching, business etiquette, ethics, and other similar topics Includes full (mock) business luncheon

and networking reception Advanced Charm School series:

leadership, communication, negotiation skills, creative problem solving

Next full day Charm School: October 2011

TEC “in-Residence” program Alumni and other

entrepreneurs/ innovators visit campus for 1-2 days to meet with students, guest lecture, etc. Students can sign

up for one-on-one appointments via the TEC website

Ray Gueri

n

CTO, Chicago

Beverage Service

Michael

Reene

Chief Strategy Officer,

ChoicePoint

Lynn Reedy

Former Chief

Strategy Officer, eBay

Examples:

Innovate @ Illinois

Television show that highlights resources available to entrepreneurs on the University of Illinois campus and in the community Features examples of faculty, staff, and students from

the University 8 episodes

Topics have included innovative materials, sustainable start-ups, honoring innovators, funding for entrepreneurs, and highlightingstudent entrepreneurshipprograms

Women In Innovation

Blagica Bottigliero, Chicago based Emmy winning blogger and digital media veteran, presented on May 4, 2011 Shared guidance on how to utilize digital

media most effectively and provided information on jump starting a digital career

Searching for a team to re-launch her blog, Gal’s Guide

40 attendees; 95% females

Brain Fitness Fridays Summer Camp

Camp for children with activities focused on math, science, technology, engineering, design, and entrepreneurship Collaboration between the Center for Nanoscale

Chemical-Electrical-Mechanical Manufacturing Systems (Nano-CEMMS), College of Engineering, College of Liberal Arts and Sciences, Integrative Graduate Education and Research Traineeship (IGERT), Kinesiology Department’s Summer Sports Fitness Camp, School of Art + Design, and the Technology Entrepreneur Center

All day camp on July 8th, 15th, 22nd, and 29th

Approximately 40 children

Online Video Resource Center

The TEC often brings in lecturers and experts in all areas of innovation, entrepreneurship and technology commercialization

Lectures are taped and made available to the general public through the TEC website

TEC future endeavors

Continue to expand TEC course offerings

Collaborate with the College of Business on its campus-wide entrepreneurship minor

Strengthen marketing campaign to all key audiences

Connect with TEC alumni

Top 3 Challenges

1. How can we reach significantly more?2. How do we attract more tenure-track

faculty participation? Alumni?3. Endowing the TEC?

TECHNOLOGY ENTREPRENEUR CENTER

THANK YOU!