Advisory Committee on Entrepreneurship & Innovation

Community Outreach - 2015

Co-chairs:Frank Maurer, AVP ResearchKim Neutens, Director, Hunter Centre for Entrepreneurship and Innovation

Mandate of ACEI

“Responsible for actively identifying opportunities for the University of Calgary to encourage and improve

academic entrepreneurship, technology transfer and innovation.”

§ Emerged out of the Graduate Education Task Force§ Advisory to Ed McCauly, VP Research§ Comprised of faculty from across our campuses,

industry representatives and professional staff

§ 2014-2015 Goals:— Development of broader ACEI; reflecting campus diversity— Broad stakeholder engagement— [recommended] Strategic Plan for Entrepreneurship &

Innovation – Summer 2015

ACEI Aspirations

§ Make the UofC the entrepreneurial university in Canada by 2020— Focus on entrepreneurial thinking — Broad-based academic entrepreneurship

opportunities— Change culture to enable, support and reward

faculty & students for problem-driven research, entrepreneurship and innovation activities

— Increase collaboration with outside partner organizations

— Increase positive impact on society/industry— Alternative – but not: mandatory – approach to

research, teaching and engagement§ Opt in§ Augments traditional approach instead of replacing it

Entrepreneurial Thinking @ U of C

http://www.4lenses.org/Setypology/se_in_context

Entrepreneurial Thinking:Using innovative products, services, systems, processes, performances, relationships and compositions in order to realize economic, social and/or cultural value.

Applications of Entrepreneurial Thinking:Traditional Nonprofit

Nonprofit with Income-

generatingActivities

SocialEnterprise

Socially Responsible

Business

Corporation Practicing

Social Responsibility

Traditional For-Profit

• Profit  Motive• Accountable  to  Shareholders• Profit  Redistributed  to  Shareholders• Mission  Motive

• Accountable  to  Stakeholders• Income  Reinvestment   in  Social  

Programs  or  Operations

The Entrepreneurial University

Leadership & Governance

Academic Programming

Knowledge Exchange

External Engagement

Organizational Capacity

ACEI Task Force Areas of Focus

Leadership & Governance

Academic Programming

Knowledge Exchange

External Engagement

Organizational Capacity

Undergraduate Programs

Graduate Programs

Professional Development

& Training

Collaborative Research & Knowledge Exchange

Recognition & Rewards

Tech TransferConsultancy

FundingSpaces &

Places

Performance Metrics

Strategic Recommendation #1Undergraduate

Non-Commerce Commerce

Pre-Orientation Shad Valley Type Program for U of C

Year 1: Academic Entrepreneurship 101

Year 2: Academic Entrepreneurial Thinking 317

Year 3: Academic Minor in Entrepreneurship Major or Minor in Entrepreneurship

Applied Experience

Problem Driven Research Internship

Year 4 New Venture Creation 501Commercialization Projects 502

Capstone Projects 503Departmentally-specific E& I Courses

Strategic Recommendation #2Graduate

Non-MBA MBA

Applied Experience

• Problem Driven Research Internships

New Degree Options

• Entrepreneurial Thesis Option• MBA/PhD

Academic Coursework

• Foundations of Entrepreneurship[ENTI 781 OR 601]

• Entrepreneurial Thinking • New Venture Financing • New Venture Marketing• Commercialization of New Tech

Academic Coursework

New Venture Creation 501Commercialization Projects 502

Capstone Projects 503Department/Faculty-specific E&I courses

Strategic Recommendation #3 Professional Development & Training

§ Focus on faculty and student opportunities

§ Workshops, seminars and programs – non-credit or certificate—Functional focus

§ IP Policy, financing, marketing etc.—Experiential options

§ Competitions, Startup Weekend, Innovator’s Toolkit etc.

—Entrepreneurs on Campus§ Facultypreneurs§ “Downtown” entrepreneurs

Strategic Recommendation #4: Collaborative Research

CURIOSITY DRIVEN

RESEARCH

PROBLEM DRIVEN

RESEARCH

“The important thing is not to stop questioning. Curiosity has its own reason for existing."

Albert Einstein

Problem Driven Research (PDR) is extrinsically motivated and addresses issues from outside stakeholders using fundamental and applied research approaches. As a service to the community, Problem Driven Research is inherently collaborative and provides research solutions to businesses, government and non- government organizations.

Network Development

Strategic Recommendation #5 Organizational Culture & Capacity

Culture Change—Recognition & rewards for faculty activity

relating to entrepreneurship, commercialization and technology transfer§ Merit & promotion considerations

o OPA§ Celebrations of success

o IMPACT Awards

Strategic Recommendation #5 Organizational Culture & Capacity

Technology Transfer—Tech transfer activities are time consuming

§ Incentives (as per merit considerations) and support

§ Streamlining processes involved in tech transfero IP Policy and licensing structureo Application to student startup activity

§ Improved linkages with investment community to support access to funding within the process

Strategic Recommendation #5 Organizational Culture & Capacity

Moving beyond “IP”§ More than licensing – involves the transfer

and/or exchange of expertise— University of Calgary Consultancy

§ Opt-in§ Provide easy access to campus expertise§ Part of work load§ Fair profit sharing between academic and university § Not subsidized by public funds

— Service Startups§ Support academics and students in creating service-

oriented startups§ Work on these is treated as OPA

Strategic Recommendation #5 Organizational Culture & Capacity

Spaces & Places§ Entrepreneurial Universities have

collaborative spaces and resources to support venture development—“Hatchery” or “Incubator” appropriate to

University context—Advisory Clinics to support campus and

community startups§ Law/Business§ Technical areas

Strategic Recommendation #5 Organizational Capacity & Culture

Funding Initiatives & Startup Activity§ Capital is required to achieve the

overarching vision for the Entrepreneurial U— Infrastructure

§ Business Development roles§ Spaces & Places§ Marketing & Communication

—Seed Funding for startups

Strategic Recommendation #6 Performance Metrics

Measuring our success—Global Entrepreneurship Monitoring study—Collaborative research revenue—Engagement with industry—# students pursuing academic coursework in E—# startups emerging from the University—# students involved in entrepreneurial

clubs/activities—Success stories—???

Roundtable Format

§ ACEI Facilitators at each table§ 6 areas of focus:

—Undergraduate Students —Graduate Students—Professional Development—Collaborative Research—Organizational Culture & Capacity—Performance Metrics

§ Reporting back to whole group (2-3 min per table)

UEntrepreneurial

Undergraduate Student

Programs

Graduate Student

Programs

Professional Development

& Training

Collaborative Research

Organizational Culture & Capacity

Performance Metrics

ACEI Task Forces Areas of Focus

Task Force Discussions

Performance Metrics

UG Student Journey

Entrepreneurship 101

Entrepreneurial Thinking 317

Customizable Optional ‘Minor in Entrepreneurship’

New Venture Creation

Commercialization Projects

Innovator’s Toolkit Clinic

Startup Weekend: Campus Edition

Entrepreneurs Forum: Speaker Series

Accelerate Internship Program

Summer Accelerator Program

VMS – Alberta Mentorship Program

UCeed FundCapstone Project

iGEMS Competition

Hult Prize

Customizable Optional ‘Major /Minor in Entrepreneurship’

U of C “Shad Valley” Pre-Orientation Program

Grad Student Journey

Non-MBA – Entrepreneurship Fundamentals Course

MBA - Entrepreneurial Thinking Course

New Venture Creation Course

Commercialization Projects Course

Innovator’s Toolkit ClinicStartup Weekend: Campus Edition

Entrepreneurs Forum: Speaker SeriesSummer Accelerator Program

VMS – Alberta Mentorship Program

UCeed Fund

Entrepreneurial Thesis optionPDR Opportunities

Faculty Experience

Innovator’s Toolkit Clinic - FacultyVMS – Alberta Mentorship Program

Commercialization Projects Course –student engagement

Entrepreneurs Forum: Speaker Series

Industry Partnership – Problem Driven Research Project

IMPACT AWARD recipient

Hunter Centre Ambassador

Merit & Promotion valuing E - activities

Provincial & National Innovation Awards – NSERC/MITACS

“Easy” Commercialization Routes

Entrepreneurs Clinic

External Relations Arm – Connecting faculty w/industry

UCeed Fund

Research Funding

Engagement Opportunities

§ Outreach Events:—Main Campus Outreach

§ March 4 12-2 TFDL—Foothills Campus Outreach

§ March 9 1-3—External Outreach

§ DTC April 4 11:30-1:30

§ Email/Webform from ACEI page

§ Direct to Kim Neutens –kneutens@haskayne.ucalgary.ca