depaul university's coleman entrepreneurship center annual report 2014-15

COLEMAN ENTREPRENEURSHIP CENTERANNUAL REPORT 2014-15

2 COLEMAN ENTREPRENEURSHIP CENTER

FROM THE DEANDePaul’s entrepreneurship program has long been recognized as a national leader, and this report of recent Coleman Entrepreneurship Center activities reflects its ongoing vitality and the important role it occupies in the

Driehaus College of Business.

Entrepreneurship is part of DePaul’s DNA. We were one of the first universities in the nation to incorporate entrepreneurship into our curriculum. In 1982 Harold Welsch, management professor and Coleman Chair in Entrepreneurship, recognized the value of classes in new venture formation and management. A major endowment grant from the Coleman Foundation in 2003 established the Coleman Entrepreneurship Center, adding another dimension to the program.

Over the years, DePaul’s entrepreneurship program has consistently ranked among the nation’s finest. For 2016, it was selected once again for Princeton Review’s “Top 25 Entrepreneurship Programs” guide. Our undergraduate program ranked No. 12 and our graduate program ranked No. 15 among more than 2,000 programs in the United States. Our recent international initiatives will enable us to expand our efforts in the years ahead.

DePaul alumni are prominent figures in the Chicago business community—as founders, funders, employees and supporters. DePaul’s Coleman Entrepreneurship Center is one of the reasons why. We are proud of our entrepreneurial heritage and pleased that the Center’s programs are helping to develop DePaul students into the entrepreneurial leaders of tomorrow.

Ray Whittington, PhD Dean, Driehaus College of Business

38,240Dollars awarded to

students as scholarships

and prizes

By the Numbers

9,081Total reach of Coleman

Entrepreneurship Center

activities

103 Number of student

teams involved in

business competitions

102Number of guest speakers

involved in Coleman

Entrepreneurship Center

programs

These numbers reflect the reach and impact of Coleman Entrepreneurship Center activities during the 2014-15 academic year.

5Number of

Coleman Fellows

22Coleman Circle

Members

3ADVISE • INSPIRE • CONNECT

2,102Number of participants in

Coleman Entrepreneurship

Center programs and

advising

8Entrepreneurs

who served on our

Advisory Board

6,979Individuals we touched

via our media outreach

efforts

4,038Square feet in our

new home

50Members of our

Campus Advisory

Team

FROM THE EXECUTIVE DIRECTORThe 2014-15 academic year was one of energy and growth for the Coleman Entrepreneurship Center as we expanded our reach and planned for the future. Our programs touched thousands of students, alumni and community members.

Participants interacted with more than a hundred Chicago area entrepreneurs, and received valuable startup advice and expert guidance on navigating the many stages of business growth.

We also made great progress toward expanding the physical presence of the Center, with plans for a new entrepreneurship suite that will occupy 4,038 square feet on our DePaul Loop Campus. Located in the heart of downtown Chicago, this space will enable the Center to harness the energy and passion of all DePaul entrepreneurs in one central space. It will house Center staff offices, event space, meeting and conference rooms, a startup lab and offices for visiting entrepreneurs. We can’t wait to see the innovation and entrepreneurial spirit that emerge from our new space.

As the hub for entrepreneurship at DePaul, the Coleman Entrepreneurship Center connects with students, alumni, faculty, staff and the broader Chicago business community. Although a new leadership role at another university takes me away from DePaul, I will remain involved with the Center—and I encourage you to do so as well. In these pages you will discover the many ways to participate. Come join in the efforts to guide the next generation of entrepreneurs at DePaul University!

Terri Lonier, PhD Executive Director, 2012-15 Coleman Entrepreneurship Center


EventsThe Center produced more than 40 events over the course of the 2014-15 academic year, featuring 104 entrepreneurial guests who came

to share their startup wisdom in seminars, workshops, presentations and

other forums. With more than 2,000 total participants, these diverse programs inspired students to explore entrepreneurship as a career, helped them hone their entrepreneurial skills, connected them with successful alumni and introduced them to the Chicago business community.

Crain’s Small Business Week: Small Business Startup @ DePaulAs part of Crain’s Small Business Week in October, the Coleman Entrepreneurship Center hosted Small Business Startup @ DePaul. The event featured six

“Meet the Pros” 20-minute roundtable sessions with some of Chicago’s leaders in marketing, funding, design, legal, social media and building the right team.

Sessions and speakers

Keynote: Leo Friedman

Funding Your Startup: Kapil Chaudhary

Social Media Marketing for Company Growth: Ashley Groves

Protecting Your Assets: Legal Basics: Charles Mudd

Design Strategies: Ryan Paul

Marketing Your Business: Alex Campbell

Getting People Right: Challenges of Starting Your Business: Dr. Anne Beall

Coleman Entrepreneurship Center events provide an opportunity for the DePaul University community to connect with Chicago’s entrepreneurial ecosystem.


Coleman ConnectionsOur Coleman Connections series brings together Chicago entrepreneurs—many of whom are DePaul alumni—with students from across the university. The Center hosted two Coleman Connections events in the 2014-15 academic year, with each event focusing on a different entrepreneurial theme. In addition, the Center hosted an innovation workshop with Dr. Alex Bruton of theinnographer.com, from Calgary, Alberta, Canada.

Welcome Back Networking Event Bob Achettu Elbert Clayton Greg Silich Miss Alex White Rania El-Sorrogy

How to Design Really Big Ideas Alex Bruton

Earth Day with Food Entrepreneurs Eloise Karlatiras Dave Rand Linda Mallers Matt Baer

Startup Advising WorkshopsTo introduce students from across the university to the world of new venture creation, the Center held Startup Advising Workshops three times each month during the 2014-15 academic year. Topics ranged from monthly offerings such as “Startup 101” and “Marketing for Startups” to other workshops on legal, financial and sales basics, as well as building a startup team. Each workshop gave participants a first-hand look at an important facet of the startup experience.

Events and Speakers

Startup 101: Terri Lonier, Mandy Terc

Marketing for Startups: Bob Achettu, LaShon Anthony, Mason Cole, Eugene Freghetto, Lori Igleski, Cynthia Williams

Money Basics: Lamont Black

Legal Basics: Mason Cole, Katherine Kim

Sales Basics: Charlie Drehmer

Accounting Basics: Al Kutchins

HR–Building Your Team: Kristen Lampert

Innovation expert Alex Bruton (above) helped students build their innovation literacy and inspired them to design big ideas with impact. DePaul students attended a roundtable networking session with Chicago entrepreneurs and alumni at Coleman Connections: Welcome Back Networking Event (left).


Entrepreneurial Guests

Bob Achettu, Founder and Managing Partner, Accelerated Growth Advisors

Kurt Akers, CEO, Kannatopia

Jim Alvarez, Founder and President, Gesture

LaShon Anthony, CEO, Visuals4u

Levi Baer, Founder, Levi Baer Consulting

Matt Baer, Representative, Chipotle

Kristin Barrett, Director of Partner Relations, Chicago Innovation Exchange

Brian Bauer, General Manager, Accelerated Center

Anne Beall, CEO, Beall Research

Bill Bennett, CEO, Level Office

Greg Bielowicz, Director of Business Development, US Technologies

Lamont Black, Assistant Professor of Finance, DePaul University Driehaus College of Business

Ben Brenton, Chief Innovation Office, Snap-on

Alex Bruton, President, The Innographer

Alex Campbell, Co-Founder and CIO, Vibes

Brian Chau, Senior Director of Product Innovation, Wheels, Inc.

Kapil Chaudhary, Managing Partner and Co-Founder, I2A Fund

Elbert Clayton, Founder and CEO, BreakingVoices

Mason Cole, Founding Partner and Attorney, Cole Sadkin LLC

Tim Cole, Associate Professor, DePaul University College of Communication

Holly Copeland, Associate Director of Public Affairs and Corporate Social Responsibility, Horizon Pharma

Aashish Dalal, Co-Founder and CEO, ParkWhiz

Paul DeCrette, Founder and President, BlueChannel

Heather Dilts, Director, Grind LaSalle

Phil Domenico, Co-Founder, Assemble Shared Office

Charles Drehmer, Co-Founder and Director, The Drehmer Group

Rania El-Sorrogy, Executive Director, HatchValley

Brad Emanuel, Principal, ATI Capital

Ben Feeney, Partner and Co-Founder, Freestyle Partners, LLC

Neil Feuling, Strategy and Partnerships, Cars.com, Georama

Bill Fineup, President, Catalyze Chicago

Eugene Fregetto, Associate Professor, University of Illinois at Chicago

Leo Friedman, Co-Founder, iPromo

Glenn Gottfried, Chief Operating Officer, GSV Financial Group

Ashley Greene, Associate Director, Career Services, Northwestern University Medill School of Communications

Ashley Groves, Director of Growth, Whittl

Lisa Gundry, Director, DePaul University Center for Creativity and Innovation

Aksh Gupta, Founder and CEO, Occasion

William Himmelstein, Founder and CEO, Tenant Advisory Group

John Hoesley, Managing Director – Technology Banking, The PrivateBank

Judy Hogel, Executive Director, Chicago Family Business Council

Lori Igleski, Founder and CEO, Fifth Star Consulting

Scott Issen, President and CEO, Future Founders Foundation

Greg Jaros, Founder and CEO, Spare to Share

Kyle Joseph, Founder and CEO, Foodseum

Pete Kadens, President and Chief Sales Officer, SoCore Energy

Eloise Karlatiras, President and CEO, The Green Chicago Restaurant Coalition

Bob Achettu

During the 2014-15 academic year, more than 100 experienced entrepreneurs, business leaders and faculty volunteered as our guest speakers, judges, and workshop leaders. These business and academic professionals inspired

hundreds of students, alumni and other members of the DePaul community. We thank them for their generosity in helping us create another exciting,

productive, and memorable year for the Coleman Entrepreneurship Center.


Brendan Karp, Office of the CEO, TechNexus

Sandee Kastrul, President and Co-Founder, i.c.stars

Katherine Kim, Principal, Spark IP Law

Ron Kirschner, President, Heartland Angels

Paul Kitti, Events and Communications Manager, Chicago Innovation Awards

Tony Klausing, Co-Founder, FanPay

Seth Kravitz, Co-Founder, Technori

Tom Kuczmarski, Founder and Co-Chair, Chicago Innovation Awards

Al Kutchins, Partner, Kutchins, Robbins & Diamond, Ltd.

Kristen Lampert, Senior Human Resources Generalist, Adam Street Partners

Michael Lewis, Representative, DePaul University Admissions

Terri Lonier, Executive Director, Coleman Entrepreneurship Center

John Lump, Adjunct Professor, DePaul University Driehaus College of Business

Josh Mallamud, Senior Vice President of Corporate Development and Strategic Partnerships, DialogTech

Linda Mallers, Founder and CEO, Farmlogix

Drew Marticke, President, Progressus Media

Mike Mayer, Co-Founder and CEO, Meliora K

Tricia Meyer, Founder and Managing Attorney, Meyer Law

Tony Mirchandani, CEO, RTM Engineering Consultants

Javier Monllor, Assistant Professor, DePaul University Driehaus College of Business

Charles Mudd, Principal Attorney, Mudd Law

Dana Naegele, General Manager, The Regus Group

Suzanne Nance, Broadcaster and Host, 98.7FM WFMT Chicago

David Newman, Senior Intellectual Property Attorney, Loeb & Loeb

Maura O’Hara, Executive Director, Illinois Venture Capital Association

Carol Oman, Board Advisor, DePaul University Center for Creativity and Innovation

Siôn Owen, Founder and Ringmaster, Pitch Circus

RJ Pahura, CEO, Venture Connects

Rob Pasquesi, Founder, Pasquesi Partners

Ryan Paul, Senior Project Manager, VSA Partners

Mona Pearl, Founder and COO, BeyondAStrategy, Inc.

Robert Perrelli, Senior Manager, TCF Inventory Finance

John Pletz, Senior Reporter – Technology, Crain’s Chicago Business

Matt Ragas, Professor, DePaul University College of Communication

Dave Rand, Chief Operating Officer and Sales Director, Local Foods

Kip Read, Senior Vice President, American Chartered Bank

Suzanne Reade, President, Chicago ArchAngels

Jennifer Rosen, Partner and Co-Founder, Freestyle Partners, LLC

Patrick Sandercock, Vice President, BMO Capital Markets

Martin Schray, Senior Technical Evangelist, Microsoft

Leo Schultz, Executive Solution Consultant, Infor

Aalap Shah, Co-Founder, SoMe Connect

Kate Shubert, Regional Account Manager, Disney Institute

Greg Silich, CEO, QUEsocial

Eric Sirvinskas, Nominee Research Coordinator, Chicago Innovation Awards

Katie Sowa, Director of Community Engagement, Future Founders Foundation

Andrea Sreshta, Co-Founder, LuminAID

Michael Stadnicki, Founder, Launch Franchise Development

Terry Steinbach, Associate Professor, DePaul University College of Computing and Digital Media

Luke Tanen, Executive Director, Chicago Innovation Awards

Mandy Terc, Director, Sheikh Faisal Center for Entrepreneurship in the Middle East

Kevin Turner, Managing Director and Vice President of Sales – Chicago, Magnet 360

Harold Welsch, Professor, DePaul University Driehaus College of Business

Miss Alex White, Operations Manager, Busy Beaver Button Company, White Mystery Band

Cynthia Williams, Chief Idea Instigator, Ideation Zone

Aalap Shah

Maura O’Hara


Student Competitions and AwardsTo inspire hands-on venture creation and promote competition, the Coleman Entrepreneurship Center held two venture challenges during the

2014-15 academic year. Each competition encouraged students to express their

creative ideas in ways that could lead to a successful enterprise, and deepen their thinking, planning and presentation skills. Members of the Chicago entrepreneurial community generously gave their time to serve as student advisors and judges.

5th Annual Student Innovation Awards In February 2015, the Coleman Entrepreneurship Center, in partnership with DePaul’s Center for Creativity and Innovation, awarded scholarships to ten students whose cutting-edge ideas put them at the forefront of innovation at DePaul. Each year, the competition salutes students’ creativity, originality, problem-solving abilities and opportunity recognition skills. The 2015 Student Innovation Awards were co-sponsored by the Chicago Innovation Awards and featured student individuals or teams with innovations relating to everything from healthcare technology to fashion.

Out of 75 applications from students across the university, the 5th Annual Student Innovation Awards recognized winners in each category–undergraduate and graduate. Gold Level winners received a $2,000 DePaul scholarship; Silver Level winners, a $1,000 DePaul scholarship; and Bronze Level winners, a $500 DePaul scholarship. Three Honorable Mention winners were also recognized.

In the undergraduate category, Monica Gryorowicz (Safe Crosser) received first prize, the second-prize winner was Khoa Nguyen (HealthPrentice), and the third-prize winners were Elaine Ackerman (Pulp Paper) and Jenny Fuerte (KidsBand + App). In the graduate category, first-prize went to Casandra Bungert (WeatherBox), second-prize was awarded to Sue Nicole Susenburger (Horse-Pilates.com), and the third-prize winner was Adam H. Grossman (Knight Out Collection). Honorable mentions were awarded to Mariana Gutierrez (3D Recycling Printer (3DRP), Morgan Schulhof (IPSER), and David Allen (Phonella).

We thank the numerous individuals who volunteered as our online judges and coaches for this competition. In addition, we thank Lisa Gundry, Director of DePaul’s Center for Creativity and Innovation, our partner on this event. We extend a special appreciation to our Coleman Entrepreneurship Center Advisory Board and the Chicago Innovation Awards for sponsoring our student scholarships. We also thank Tom Kuczmarksi, Luke Tanen and Paul Kitti of the Chicago Innovation Awards for their assistance with the event.

DePaul University President, Rev. Dennis H. Holtschneider (4th from L), with the 5th Annual Student Innovation Awards Finalists.

DePaul students, faculty and staff, along with members of the Chicago community, packed the room at TechNexus for a creativity-filled evening honoring the Student Innovation Awards winners. The evening also featured a panel showcasing the winners of the Chicago Innovation Awards.


Launch DePaul 2015In Spring 2015, the Coleman Entrepreneurship Center organized Launch DePaul 2015, a student new venture competition that awarded $17,000 to six student teams to help them launch new companies.

From a collection of nearly 30 team entries, our volunteer online judges narrowed the field to six final teams, who pitched their venture ideas at the Launch DePaul Awards Event on May 5, 2015. The Awards Night event brought together DePaul students, faculty, staff, alumni and members of the Chicago entrepreneurial community for a lively evening of student presentations.

Joining us as VIP judges were Seth Kravitz, Co-Founder, Technori; Maura O’Hara, Executive Director, Illinois Venture Capital Association; John Pletz, Senior Reporter – Technology, Crain’s Chicago Business; and Kip Read, Senior VP – Commercial Banking, American Chartered Bank. We were honored to have Suzanne Nance, Emmy Award-winning Broadcaster and Host, 98.7FM WFMT Chicago as our honorary emcee for the evening.

In the undergraduate division, the judges awarded the $4,000 first prize to UpRide, a bicycle-to-elliptical conversion kit founded by Elizabeth Hakimi. The $2,500 second prize was awarded to Ryan Siepka and his company, AxeCrate, a subscription box of items for guitarists. KidsBand, a wearable that monitors a child’s health and location founded by Jenny Fuerte, received the third prize of $1,000.

In the Graduate Division, the judges awarded the $4,000 first prize to Horse Pilates, founded by Sue Nicole Susenburger, an online service that offers cross-training instruction for horses. The $2,500 second prize was awarded to Yanqin Yang and her company, LingoStone, a website/app for learning English with a built-in marketing tool for companies seeking to connect with Chinese consumers. Smart Insurance

Saver, a “Priceline for car insurance” founded by Syed Hussain, received the third prize of $1,000.

One team in each division received an Audience Choice Award of $1,000. The Audience Choice Award winning teams were UpRide (Elizabeth Hakimi) in the Undergraduate Division and LingoStone (Yanqin Yang) in the Graduate Division.

A very special thank you to our Launch DePaul 2015 sponsors: Accounting firm Kutchins, Robbins & Diamond (Gold) social talent recruiter QUEsocial (Silver), Chicago coworking community Grind

(Bronze) and our media sponsor, Crain’s Chicago Business. Thanks to Flowers for Dreams for providing flowers for the evening. We also extend our appreciation to the donors of in-kind professional services: Cynthia Williams of Ideation Zone, Grind LaSalle, and the Coleman Circle.

DePaul student Ryan Siepka, CEO of AxeCrate, presents his elevator pitch to the VIP panel of judges at Launch DePaul 2015.

Center Advisory Board Member Greg Silich (far L) and Coleman Circle Member Lori Igleski (far R) award Undergraduate First Place to UpRide’s Elizabeth Hakimi and Joseph Prosnitz.


Outreach and Community Involvement

DePaul University has a distinctive connection to the global city of

Chicago, which provides both context and content for our students’ learning.

In 2014-15, the Center’s outreach programs connected students to the world of business and illustrated to them our role in Chicago’s dynamic entrepreneurial ecosystem.

Startup Alley Internship FairOn February 13, 2015, fifteen Chicago startups joined us for our first Startup Alley at DePaul’s Winter Internship Fair. DePaul University’s Career Center and the Coleman Entrepreneurship Center hosted the event, which was held in the atrium of the Lincoln Park Student Center.

Hundreds of students attended the fair, and Startup Alley served as the key connection with area entrepreneurs. DePaul students were excited to have access to such dynamic internships offered

by startup companies and told us, “More startup companies!” for future internship fairs.

Companies left with a good feeling about the quality of students they met, and plan to hire DePaul students for internships or other positions at their companies. Commenting on the value the event delivered for new ventures, one entrepreneur explained, “As a startup, you need to be creative in how to find the best talent. This is a unique opportunity to gain exposure you would not otherwise have as you get started.”

Companies

High School Pitch CompetitionIn December 2014, the Center hosted 44 students from Rolling Meadows and Prospect High Schools in District 214, for a Business Pitch Competition. Ten student teams gave 5-minute presentations on their business ideas, competing for certificates of achievement. Our panel of judges included Judy Hogel, Executive Director of the Chicago Family Business Council; DePaul alumni Greg Jaros and Rob Pasquesi; and DePaul Computing and Digital Media professor and Coleman Fellow veteran, Terry Steinbach. Students also heard about student life at DePaul and the college application process from DePaul Admissions representative, Michael Lewis, as well as about the many activities of the Coleman Entrepreneurship Center.

Startup Internship ProgramThanks to a grant from the John E. and Jeanne T. Hughes Foundation, the Coleman Entrepreneurship Center sponsored six DePaul undergraduate student internships at Chicago startups. Six qualified students were selected from a pool of student applicants. They reviewed applications from entrepreneurial startups to determine where they would work for 125 hours over the course of summer 2015.

Sophomore Jasmine Farley, a Computer Science/Software Engineering major, worked for FanPay, a crowdfunding website helping college athletes earn an education. Taylor Jennings, a DePaul Junior double-majoring in Business/Hospitality Leadership and Marketing, interned at Chicago Foodseum, the first nonprofit food museum. Junior Lena Newkold, a Management/Entrepreneurship major with a minor in Studio Art, worked at Meliora K, a sustainable cleaning products company. Omar Ortiz, a DePaul sophomore double-majoring in Marketing and Finance, interned with Levi Baer Consulting, a consulting company that brings teams and organizations to new levels of awareness, cohesion and productivity. Senior Management/Entrepreneurship major, Alyssa Prince, interned at Kannatopia, a social media company focused on connecting the cannabis industry. Annie Schmittgens, a junior majoring in Management/Entrepreneurship with a minor in Studio Art, interned at Spare to Share, an online private sharing network within residential buildings.

Red Cannonball Digital Marketing Quest Innovation, Medquery TechNexus ICNC – Industrial Council of Near West Chicago Marqana Urban Leash Freestyle Partners

Uncubed Fortes Consulting StarchUp BookedOut Breaking Voices Parknav Review Trackers PyroWeb


DePaul’s Academic Entrepreneurship Program

The entrepreneur has become the economic hero of modern industrial society. China and Russia have adopted private enterprise as their basis of creating wealth, with Cuba joining in more recently. Ideas and opportunities abound, and both U.S. political parties claim the entrepreneur to be the basis of their platform. Creative crowdfunding is beginning to fill the stream of financing necessary to grow new businesses. Technology is working hand in hand with financiers to support creative ideas and operate business more efficiently. The number of apps is growing exponentially, and women and minority enterprises are breaking barriers. Strategies are being formulated with the help of entrepreneurship centers, incubators, accelerators, co-working spaces and small business development centers. Entrepreneurship at DePaul is at the forefront of these new models of economic growth. What an exciting time to be an entrepreneur!

Harold P. Welsch, PhD Founder and Director of Entrepreneurship Program, Coleman Foundation Chair in Entrepreneurship

The Coleman Entrepreneurship Center’s programming is enhanced by its close relationship with DePaul’s internationally recognized academic entrepreneurship program. Through exposure to top entrepreneurship faculty who bring their own startup experience to the classroom, DePaul students gain knowledge from both theoretical and practical perspectives. In addition, DePaul’s entrepreneurship faculty is committed to cultivating entrepreneurship across the university and in the larger Chicago community through outreach, mentoring and the Coleman Fellows program.

DePaul Entrepreneurship Faculty (2014-15)

Coleman FellowsColeman Fellows are DePaul University faculty who teach in disciplines outside the Driehaus College of Business. They integrate concepts of entrepreneurship into their classes, extending the reach and impact of entrepreneurship education across campus. Upon the completion of their fellowship (generally one year), they retain an ongoing connection to DePaul’s Entrepreneurship program. They also continue as part of the Coleman Foundation Entrepreneurship Community of Practice, a growing national cohort of colleagues dedicated to spreading entrepreneurship education across college and university campuses.

Coleman Fellows (2014-15)

Jason Martin, College of Communication William “Marty” Martin, Driehaus College of Business John Mazzeo, College of Liberal Arts and Social Sciences Matt Ragas, College of Communication Tim Cole, College of Communication

Raman Chadha

Daniel Gillespie, JD

Lisa Gundry, PhD

Laurie LaMantia

Terri Lonier, PhD

April Lane

John Lump

Javier Monllor, PhD

Patrick J. Murphy, PhD

Edward Papabathini

Remo Picchietti

Sondra Simpson, EdD

Alicia Straughter

Harold Welsch, PhD


Our New HomeLast year, we launched an initiative to expand our campus footprint with a new dedicated space for entrepreneurship in the DePaul Center. Located in the heart of downtown Chicago, this 4,038-sq. ft. space will be the new home for the Coleman Entrepreneurship Center. It will bring together co-working space,

Center administrative offices, advisors, mentors, and training to support student entrepreneurs, recent alumni, faculty and staff.

This project has required an ambitious fundraising campaign, which today is 85% complete. The Center is scheduled to open in 2016, pending the campaign’s successful completion. We thank all of our donors who have supported this initiative to date. Special thanks to the Coleman Foundation, the Center’s founding benefactor, for their generous lead gift to the project.

If you would like to make a gift to help complete our fundraising efforts for this exciting project, please contact TJ Veneris in the Office of Advancement at DePaul University at (312) 362-7428.

With its moveable worktables and chairs, the new space is easily transformed into an event space for lectures and presentations open to the university and guests from the broader Chicago business community.

An 18-person training room (above) will offer private space for educational programs. The suite also includes two offices for entrepreneurs-in-residence, a 10-person conference room, a small private advising room, a common reception area, and the Center’s administrative offices.

The central area of the new Coleman Entrepreneurship Center space will be the Startup Lab, a flexibly furnished large hall with dual functionality. As configured above, the space is a working/meeting space for student teams that have demonstrated their commitment to launching a new venture. (The alternative configuration is shown below right).


CAMPUS ADVISORY TEAMThe Coleman Entrepreneurship Center Campus Advisory Team is comprised of DePaul faculty and staff who support the Center’s entrepreneurial efforts. They are valued members of the DePaul community, and help us extend the reach of the Center across the entire university.

Olayele Adelakun, College of Computing and Digital MediaJane Baxter, College of Liberal Arts and Social SciencesLamont Black, Driehaus College of BusinessKaren Burgard, Driehaus College of BusinessRaman Chadha, Driehaus College of BusinessEd Childs, Career CenterTim Cole, College of CommunicationsChris Collins, Office of AdvancementArlene Cortez, Office of AdvancementRobin Florzak, Driehaus College of BusinessRuth Gannon Cook, School of New LearningShelley Gibbons, School of Hospitality LeadershipDaniel Gillespie, College of LawAndrew Gold, College of LawLisa Gundry, Driehaus College of BusinessLawrence Hamer, Driehaus College of BusinessKathy Hillegonds, Driehaus College of BusinessChrista Hinton, Kellstadt Graduate School of BusinessJudy Hogel, Chicago Family Business CouncilElizabeth Hollendoner, Office of AdvancementKathryn C. Ibata-Arens, College of Liberal Arts and SciencesXiaoping Jia, College of Computing and Digital MediaChristie Klimas, College of Science and HealthTracy Krahl, Alumni RelationsJohn Lump, Driehaus College of Business

Jason Martin, College of CommunicationWilliam “Marty” Martin, Driehaus College of BusinessJohn Mazzeo, College of Liberal Arts and SciencesKaryn McCoy, Career CenterCraig Miller, College of Computing and Digital MediaJavier Monllor, Driehaus College of BusinessCarol Montgomery, Career CenterJames Moore, Driehaus College of BusinessKeala Murdock, Career CenterPatrick J. Murphy, Driehaus College of BusinessTom Nguyen, Office of AdvancementMatt Ragas, College of CommunicationFelicia Richardson-McGee, Kellstadt Graduate School of BusinessLisa Riley, Office of AdvancementJohn Ronquillo, School of Public ServiceHoward Rosing, College of Liberal Arts and SciencesAlan Salzenstein, School of MusicLeslie Shook, The Theatre SchoolGina Sian, Alumni Sharing KnowledgeGillian Steele, Career CenterTerry Steinbach, College of Computing and Digital MediaJason Ulaszek, College of Computing and Digital MediaTJ Veneris, Office of AdvancementHarold Welsch, Driehaus College of BusinessScott Young, Driehaus College of Business

COLEMAN ENTREPRENEURSHIP CENTER ADVISORY BOARD (2014-15)

The Coleman Entrepreneurship Center’s Advisory Board is a consultative group of distinguished Chicago-area entrepreneurs that helps the Center fulfill its mission and advance its overall outcomes. It strives to create a dynamic relationship between DePaul’s educational efforts and the Chicago entrepreneurial community. Members are all active entrepreneurs of successful companies. Their guidance and contributions are invaluable to our organization and student entrepreneurs.

Marion A. Cameron, President and CEO,

Sipi Metals Corp.

Leo Friedman, Founder and CEO, iPromo

Joan Hannant, Founder and President, The Soma Institute

Jill Hebert, Founder and CEO, Matrex Exhibits

Allen Kutchins, Co-founder, Kutchins, Robbins & Diamond, Ltd.

Bruce Leech, Founder, CrossCom National and Co-founder, evolve, LLC

Greg Silich, CEO, QUEsocial

Dan Smith, Founder and President,

Capsim Management Simulations, Inc.

COLEMAN CIRCLE (2014-15)

+ Donor has made a special philanthropic pledge to DePaul University


The Coleman Circle is a philanthropic networking community of business professionals who share a

passion for entrepreneurship and want to support DePaul’s Coleman Entrepreneurship Center, and influence the growth of student entrepreneurs. They focus on giving back to the university and giving forward to support the next generation of entrepreneurs. Coleman Circle Partners demonstrate their commitment to Entrepreneurship at DePaul with an annual $1,000 contribution to the Center, and help expand the reach and impact of the network.

Bob Achettu* Greg Bielowicz* Mason Cole* Pat Coveny* John Crosson Ben Feeney Neil Feuling* Jay Fritz* Bill Himmelstein* Pete Horvath* Lori Igleski*

Terri Lonier* John Lump Drew Marticke Rob Pasquesi* Karyn Pettigrew* Tom Pokornik Kip Read* Jennifer Rosen Pat Sandercock Aalap Shah* Cynthia Williams*

*Founding Partners

Listings in the honor roll reflect contributions and pledge payments made to the Coleman Entrepreneurship Center between July 1, 2014 and June 30, 2015.

President’s ClubGifts of $1,000 and above annually qualify for membership in the President’s Club, DePaul’s honor society of donors.

Alumni & Friends

$100,000+

The Coleman Foundation +Sebastian Cualoping, BUS ’77; MBA ’81

(Trustee) & Luz Cualoping +

$10,000+

Allen Kutchins, MST ’75 +Sean McWeeney, BUS ’61

$5,000+

Marion Cameron, Sipi Metals Corporation

Joan Hannant, The Soma InstituteJill Hebert, Matrex ExhibitsJohn E. & Jeanne T. Hughes FoundationKutchins, Robbins & Diamond, Ltd. + Rebecca Kutchins FundBruce Leech, MBA ’81Sandercock, Patrick, MBA ’01 +Gregory Silich, BUS ’84 & Martha SilichDan Smith, Capsim Management

Simulations, Inc.

$1,000-$4,999

Bob Achettu, BUS ’02 Gregory Bielowicz, MBA ’09 Mason Cole, Cole Sadkin, LLCPatrick Coveny, MBA ’84, Arch

Construction Management, Inc.John Crosson, MBA ’95Ben Feeney, Freestyle Partners, LLCNeil Feuling, MBA ’09; MS ’10 Jerome Fritz, MBA ’73 William HimmelsteinPeter Horvath, MBA ’07, Move Tastic, Inc.Lori Igleski, MBA ’91 Terri LonierJohn Lump, BUS ’83

Honor Roll of DonorsDrew Marticke, Progressus Media, LLCRobert Pasquesi, MBA ’10 Karyn Pettigrew, Beyond Blind Spots, LLC Thomas Pokornik, MBA ’12 QUEsocialPeter Read Jr.Jennifer Rosen, Freestyle Partners, LLCAalap Shah, BUS ’04 & Shivani Shah, BUS ’04 Cynthia Williams, Ideation Zone, Ltd.

Up to $999

Thomas Baryl, MBA ‘98Rania El-Sorrogy, BUS ’07 +Michael Marasco, BUS ’87 & Lesli MarascoJason Jacobsohn, MBA ’02 Joanna Mendoza, BUS ’15 Cvijeta Nedic, MBA ’99 Deborah O’Donnell HelfenbeinMark Ted Skowron, BUS ’03 Ralph Peter Sorice, BUS ’66; MBA ’72 & Cathy

Sorice Nathan Terrazas, BUS ’13 Grant Thornton FoundationKevin Turner, MBA ’89 Dr. Howard Yokelson, MBA ’04 & Mrs. Linda

YokelsonBruce Zivian

Coleman Entrepreneurship Center Leadership Team 2014-15Terri Lonier, PhD Executive Director

Molly Haigh Assistant Director

Emily Doyle Program Coordinator

Ashley Crow* Writing and Research Assistant

Brooke Kravitz* Graphic Design Assistant

Brooke McEntee* Digital Marketing Communications Assistant

* We were pleased to have several talented DePaul students on our team throughout the 201 4-15 academic year.

Sheikh Faisal Bin Qassim Al-Thani Center for Entrepreneurship in the Middle EastMandy Terc, PhD Director

Academic Entrepreneurship Program Leadership TeamHarold P. Welsch, PhD Founder and Coleman Chair in Entrepreneurship Professor of Management

Ilya Meiertal Budget Administrator

Get InvolvedWe welcome you to become involved and support our efforts to guide the next generation of DePaul student entrepreneurs through our work at the Coleman Entrepreneurship Center. Visit our website to sign up for our semi-monthly email newsletter, On the Radar, and stay up to date on our latest news and upcoming events.

ColemanEnt.org

@ColemanCenter

Coleman Entrepreneurship Center DePaul University1 E. Jackson Blvd., Ste. 7000Chicago, IL [email protected]

ADDITIONAL THANKS

The Coleman Entrepreneurship Center’s success is the result of many partners, both within and outside the university. We would particularly like to thank these individuals for their support throughout the year:

Scott Young, PhD Chair, Department of Management

Michael Hennessy President, The Coleman Foundation

DePaul University’s Office of Advancement

Chicago Family Business Council Judy Hogel, Executive Director Elizabeth Fidanovski, Program Coordinator Megan Sommers, Marketing Coordinator

Amy Shivvers Director of Events, Crain’s Chicago Business

Benjamin Dyett and Heathyr Dilts Grind LaSalle

CREDITS: PHOTOS BY BASKIN-WHITE PHOTOGRAPHY, CHONG CHOI AND SOCIAL MEDIA CONTRIBUTORS. ORIGNAL DESIGN (2014) BY LESLIE NEWMAN, NEWMAN DESIGN/ILLUSTRATION. REVISED DESIGN/LAYOUT (2015) BY JESS MOTT WICKSTROM, WICKSTROM DESIGN.

The programs of the Coleman Entrepreneurship Center are funded in part by an endowment from the Coleman Foundation.

About the Coleman Entrepreneurship CenterEstablished in 2003, the Coleman Entrepreneurship Center is DePaul University’s entrepreneurial hub, connecting students, alumni, faculty and staff with the broader Chicago entrepreneurial ecosystem. Through advising, mentoring, internships, and a broad range of events and programs, it helps inspire and guide the next generation of entrepreneurs.

The Center is a partner to DePaul’s distinguished academic entrepreneurship program, which has been ranked among the nation’s top 25 programs for more than 20 years. The Center’s focus also reflects the broader mission of DePaul University, which emphasizes the values of education, research, and community involvement.

depaul university's coleman entrepreneurship center annual report 2014-15

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