integrated technology transfer network finalist - outstanding specialty entrepreneurship program
TRANSCRIPT
About IECE• Focal point on
campus and the local community to promote and encourage entrepreneurial activity.
• Facilitate the development of entrepreneurs and innovators
ITTN Program Overview
• In Collaboration with the US Army Research Lab (ARL):– Deliver an intensive graduate-level program in
technology commercialization & entrepreneurship– Transform STEM students from Historically Black
Colleges and Universities (HBCU) into entrepreneurial scientists that make contributions in a wide range of environments
STEM Student ITTN Program
Government
Business
Academia
ITTN Program - Genesis
• Addresses Key Issues for ARL– Congressional directive issued to the U.S.
Department of Defense• Become more entrepreneurial – “thinking
outside the box, in the box”– Concern about the future availability of
domestically trained U.S. scientists – Concern about the number of minority graduate
students choosing science as career
Program Objectives• Through the ITTN Experience,
Students Learn :– The entrepreneurial mindset and
behaviors– The difference between ideas and
opportunities– Skills and tools to assess, shape, and
take advantage of emerging opportunities
– Their personal capacity for entrepreneurship
– How to apply entrepreneurial skills and knowledge in research and lab settings
Program Composition
• Three Phases– Immersion – Discovery – Launch
• Program Features– Coursework– Experiential Learning
• Course and non-course based
Phase II – Knowledge & Experience Building
Course 3Entrepreneurship and New Ventures
Course 1Overview of Technology Transfer and
Commercialization
Course 2New Venture Opportunity Analysis
Course 4New Venture Resource Requirements
Course 5New Venture Planning and Strategy
Course 6Managing a Growing Business
Experiential Project 2Technology Commercialization
Market Assessment Project
Experiential Project 1Technology Commercialization
Market Assessment Project
Experiential Project 3Technology Commercialization
Market Assessment Project
Capstone Experiential Project
Army Research Lab (ARL)Comprehensive Exam &
Reflective Portfolio
Phase III – Launch: Applying Knowledge & Experience
Phase I – ImmersionPre-course “boot camp"
Fall Quarter Winter Quarter Spring Quarter
Summer Quarter
Program Composition
• Phase One – Immersion– Move-in– Orientation– 40-hour “pre-course”
• Learning the language of business and entrepreneurship
Program Composition• Phase Two – Discovery
– Nine-month series of coursework and experiential learning projects
• Six graduate-level courses• Intensive workshops in special
topic areas• “Exploring the field”
opportunities• Three technology
commercialization projects • Investment due diligence
research for Tech Coast Angels
Program Composition
• Phase Three – Launch– Comprehensive Examination– Reflective Portfolio– 10 -12 week summer consultancy at ARL Tactical
Information Fusion BranchAffiliates & Collaborators:Researchers:
Richard KasteArmy Research Lab
Joan ForesterArmy Research Lab
Tim HanrattyArmy Research Lab
ARL InformationFusion Research
Dr. Dana UleryArmy Research Lab
Phillip SmithOhio State
KIMCOE
Policy Aware Web
Donald BrownUniversity of Virginia
Joseph LewthwaiteGeneral Dynamics
Vincent OriaNew Jersey Institute
of Technology
LeeRoy BronnerMorgan State
Dr. Pamela Scott-Johnson
Morgan State
Damien WatkinsMorgan State
James A. HendlerMIT
Tim Berners-LeeMIT
The Compatible Knowledge Fusion Platform Solution
K nowledge Fusion
Program Funding
• Current funding– ARL annual funding of $1,389,000– Program is currently in its fifth funding cycle with over
$8 million invested by ARL– In-kind support from University including facilities,
materials, cost share.
• Future funding– ARL – Potential partnerships being developed with USDA and NSF
Program Outcomes
• 52 students representing 45 different HBCU’s
• Continuing education– Five $75,000 scholarships
awarded to complete MBA in Entrepreneurship
– 19 Fellows have continued on to complete additional graduate education including Ph.D. and M.D.
Program Outcomes
Tech transfer & commercialization
Federal lab & Corporate sector
Startup venturesHamilton Pressley
Medical Systems
Program Outcomes• 67 percent of Alumni felt strongly that the
knowledge gained and experiences during the ITTN Program has helped them achieve their current success
• 83 percent of Alumni feel strongly that they have the ability to conduct themselves as scientific entrepreneurs as a result of the ITTN program
• 67 percent of Alumni feel strongly that they are more than qualified to start a business, lead other scientists or work in the technology transfer field after attending the ITTN program
Summary
• Unique program that helps transform scientists into entrepreneurial thinkers
• Program continues to evolve and improve based on experience, feedback and ideation
• Continued funding from ARL is secure, continuing to seek new initiatives and funding with additional partners – USDA, NSF, & Morgan State University – One of top funding initiatives of President Karnig’s
“legacy” project• Model can be replicated in any academic setting
– Key is to have University support and collaborative partners to ensure experiential learning component