alan l. carsrud, ph.d. executive director clinical professor of management

Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu

The Global Entrepreneurship CenterThe Global Entrepreneurship CenterFlorida International UniversityFlorida International University

and theand the Kauffman Campuses InitiativeKauffman Campuses Initiative

Alan L. Carsrud, Ph.D.Executive Director

Clinical Professor of ManagementProfessor of Industrial & Systems Engineering


Kauffman Campuses Initiative:

Foundation of campus-wide entrepreneurship at

Florida International University


The BeginningThe Global Entrepreneurship Center (GEC) was

started in 2003 with an award of a Kauffman Collegiate Entrepreneurship Network

(KCEN) Grant for $50,000.

The Center designed from beginning as a cross-campus activity by the College of Business

Administration and the College of Engineering. Later the Colleges of Arts & Sciences and

Education join.


KCEN & Campuses Grants

• 125+ campuses in the 2003 KCEN• Candidate chosen from KCEN schools.• Research oriented universities only. • Mixture of public and private universities.• Majority and minority oriented institutions.• Campuses from around the country.• Looking for “out of the box” proposals.


The Kauffman Campuses Initiative

• Grants of up to $3-5million each.• 30 Campuses invited in May to submit. • 15 received $50,000 Planning Grants in

July.• Final Proposals sent to Kauffman in

October.• Presented to Kauffman in November.• 8 chosen in December for gifts.


Planning Grant Outcomes• September 2003 Retreat with 120+ local

business, community, & university leaders:– Developed overall strategy for the Center– Outlined projects and objectives for Institutes &

Academy – Strong focus on cross-disciplinary activities– Marketing-branding strategy for the center and

institutes developed – Build campus-wide network to support

proposal– Meet three to one match required


Florida International University

Named A Kauffman Campus By The Ewing Marion Kauffman Foundation Of Kansas City


The Kauffman Campuses• Florida International University• Howard University• University of Illinois at Urban-Champaign• University of North Carolina at Chapel Hill• University of Rochester• University of Texas at El Paso• Wake Forest University• Washington University at St. Louis


Center’s Thematic Structure

• Institute for Technology Innovation (ITI)– Office of Entrepreneurial Science

• Institute for Community Innovation (ICI)– USAID Rural Entrepreneurship Project

• Institute for Family Business (IFB)• Entrepreneurship Research Institute (ERI)• Entrepreneurial Academy (EA)


Since the Announcement• Center launches a $36+million endowment

campaign to fund:– Each of the four themed Institutes and the

Entrepreneurial Academy– Professor-Directorships– Scholarships– Entrepreneurs’ Pavilion– Lectures Series – Venture Lab (incubator) – Various student activities


Personnel Since the Gift• Dr. Paul Reynolds - Director of Entrepreneurship

Research Institute (ERI)• Dr. Jerry Haar - Director of IFB• Ms. Diane Silverman - Acting Director of ICI.• Ms. Colleen Post - Associate Director of Center• Ms. Lourdes Balebogi - Events Coordinator• Dr. Richard Cardosa – Senior Scholar in ERI• Mr. Marc Bell – Executive-In-Residence (Center)• Dr. Marc Silverman – Professional-In-Residence (IFB• Seven Adjunct Faculty hired • Center expands Board of Advisors• Campus-wide Faculty Committee set up

– Annual planning retreat each July


Technology Since the Gift• Institute for Technology Innovation (ITI) joins the

Kauffman Life Science Consortium • Co-Hosting the MIT Venture Forums• Guy Kawasaki gives first IDEA to IPO LectureIDEA to IPO Lecture • ITI names Board of Advisors• ITI with Department of Biomedical Engineering

applied for additional NSF Partnership grant• Hemispheric Center for Environmental

Technology and ITI asks for $2.2million Congressional Appropriation to support a Technology Incubator.


Community Innovation Since the Gift• Institute for Community Innovation (ICI)

applies for $1million grant for training Non-profit entrepreneurship in community organizations

• Hosting the National Foundation for Teaching Entrepreneurship (NFTE) regional and Latin American operations

• Expanding $1million USAID project for rural entrepreneurs


Family Business Since the Gift• First Annual Family Business Awards in

May.• South Florida Family Business Forum

launches.• Sponsorships for Forum from banks,

accountants, and lawyers.• Research data base on family firms being

developed• IFB to host 2007 Conference of Family

Firm Institute.


Research Since the Gift

• Kauffman Foundation funds multi-year PSED-II study with Prof. Paul Reynolds as Co-PI.

• Kauffman Foundation funds the Kauffman Index with Prof. Reynolds as PI.

• Launch South Florida Entrepreneurial Index as adjunct to Kauffman Index.

• Plans for State-wide Index begun.


Academy Since the Gift• Search for 6 new tenure-line entrepreneurship

faculty in – Engineering, – Business, and – Arts & Sciences

• Developing Graduate Entrepreneurial Courses:– Entrepreneurial Finance– Starting & Managing Your Professional Practice

• Architecture, • Accounting, • Law School, • Professional Engineers, and • Fine Arts


Academy Since the Gift• Undergraduate entrepreneurship minor

– Biology and Physics• Launch MS in Technology Management &

Entrepreneurship in Industrial Engineering • Doctoral Program in Entrepreneurship

– Both in Management and Industrial Engineering

– Admit first doctoral students in 2004-2005


The cornerstone is laid:A local Cuban-American entrepreneur, is gifting a multi-million dollar endowment

matched by the State of Florida to name the Center in honor of

his father and family on December 16, 2004


The Center2004-2005

Where do we go from here?


More in 2004-2005• Campus-wide Entrepreneurship Awareness Project• Expand IDEA Workshops to engineering & sciences• First Kauffman Development Grants for existing faculty• Family Business & Entrepreneurship Case Series expands• South Florida CEO Roundtable starts• Family Business Programs to Chambers of Commerce• Spectrum Lectures Series launches• International Family Business programs joint with Latin

American business schools• Incubator begins in Biomedical Engineering Department

with Coulter Foundation grant


www.entrepreneurship.fiu.edu

alan l. carsrud, ph.d. executive director clinical professor of management

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