Angela P Diaz

Purdue UniversityUniversity of Nizhny Novgorod

EURECA Partnership

Nathalie Duval-CouetilDirector, Certificate in Entrepreneurship and InnovationAssoc. Professor, Technology Leadership & Innovation

Mike CassidyEntrepreneurship Lecturer

President, Fortress Strategy Group

University Mission and History

• Discovery that expands the realm of knowledge.

• Learning through dissemination of knowledge.

• Engagement through exchange of knowledge

The mission of Purdue University is to serve the citizens of Indiana, the US, and the world through:

Founded in 1869

Purdue University - Facts• Main campus, West

Lafayette, Indiana- 40,000 students- 31,000

undergraduate- 9,000 graduate- 2,680 faculty

• University System- 4400 Faculty, - 75,000 Students

• Research ― $600M

10 Colleges

Agriculture Education Engineering Health Sciences Liberal Arts Management Pharmacy

Science Technology Veterinary Medicine

Why Purdue?• Top ranked programs in engineering,

science and business• Interdisciplinary research park

focused on collaboration and commercialization

• Largest multidisciplinary entrepreneurship education program in the country

• “Land grant” university focused on being an engine of economic development for the region

• Bioscience• Nanotechnology• Oncological Sciences• Healthcare

Engineering• Environmental

Sciences• Learning• Entrepreneurship

Interdisciplinary Research Centers

Purpose Interdisciplinary research and entrepreneurship education

Technology park and incubation for start-up companies

Founded 2001 1961

Location On-Campus Off-campus US 52 Highway

# People 1000 faculty members 3100 employees

# Buildings 5 51

# Companies/Centers 8 Centers 160 Companies

Area 40 acres 725 acres

Research, Commercialization & Incubation

New Presidential Initiative - 2013• Ideation• Market assessment• Grant writing• Prototyping• Legal assistance• Funding

PURDUE FOUNDRY“FRONT DOOR”

for commercialization of Purdue Innovation

New Purdue President , Mitch Daniels former Governor of Indiana

Burton D. MorganCenter for

Entrepreneurship

Academic ProgramsCertificate in Entrepreneurship and InnovationTechnology Realization ProgramStudent Managed Venture FundPost-doctoral Entrepreneurship ProgramInterns for Indiana

CompetitionsBurton Morgan Business Plan CompetitionLife Sciences CompetitionElevator Pitch Competition

Faculty ResourcesEntrepreneurial Leadership AcademyWorkshops and seminars

Regional EcosystemPurdue Center for Regional DevelopmentSmall Business Development Center (SBDC)

Certificate in Entrepreneurship and Innovation

• Undergraduates in all majors

• 5 courses – similar to a minor

• Over 500 students in 2 introductory courses

• Taught by experienced entrepreneurs

• Largest campus-wide program at Purdue

• Largest multidisciplinary program in the country

Inspiration - Education - Application

Overarching Objectives

• Provide students with the knowledge and tools required to assess new venture opportunities

• Develop leadership and communication skills necessary to advocate for these enterprises

• Make entrepreneurship an “accessible” career choice for students - now or in the future

Discipline-specific

expertise

Entrepreneurship Education

Turbo to educational

experience and career

Interdisciplinary Entrepreneurship Education

Calendar Year

Certificate in Entrepreneurship and Innovation

2005 2006 2007 2008 2009 2010 2011 2012 2013

41

450

915

1544

2172

2800

3410

4038

4656

3 59 173329

546812

11181444

Enrollment Recipients

Approximately 1500 students in pipeline

Real-world focus: CapstonesENTR Capstone: Co-led by practicing entrepreneur or venture capitalist

• Scott Jones, Boston Technology, Gracenote, ChaCha• Don Aquilano, Blue Chip Venture Company• Eric Davis, Kylin Therapeutics, In-vivo Ventures• Chad Barden, Quadraspec, In-vivo Ventures• Dennis Barket, Griffin Analytical/Icx• Chris Beltran and Paroon Chadha, Passageways• David Castor, Alerding Castor Hewitt• Andy Clark, VP Right on Interactive

New Capstone: Consulting for Emerging Enterprises

New Capstone Course: Consulting For Emerging

EnterprisesStudents learn about the profession of consulting while working on entrepreneurial projects for local businesses and entrepreneurs

Piloted in Spring 2013

Global Entrepreneurship and Innovation

Beijing and Hong Kong – May 2011-2013Beijing and Shanghai – May 2009-2010

Beijing – May 2008South Korea – May 2007

Women and Leadership Course

Majors represented:• Management• Communications • Nuclear Engineering • Photo & Related Media • Selling & Sales • Public Relations & Rhetorical Advocacy • Computer Science • Agricultural Economics • Elementary Education • Chemical Engineering • Political Science • Retail Management • Industrial Engineering • Behavioral Neuroscience Psychology

Launched by the Certificate Program and adopted by the Dept. of Communication

Encouraging the involvement of women in

entrepreneurship

Outcomes

ENTR courses improved my… Among graduates…

• 23% report they are involved in a venture of some kind

• 81% are likely to be involved in a startup in the future

• 96% believe the skills and knowledge gained will be useful in their future careers

Source: Exit survey n=556 (through Spring 2012)

Agree or Strongly Agree

Analytical Skills 81%

Communication Skills 87%

Presentation Skills 88%

Ability to evaluate ideas 94%

Confidence that I can be an entrepreneur 90%

Entrepreneurship Competitions

Elevator Pitch BDMCE Business Plan

National – Think Chicago

International – Hong Kong Polytech

Resources for grad students and faculty

Master’s levelENTR 50000 & 50100

Seminar in Technology Realization TopicsMaster’s, PhD, postdoc and facultyABE 69100

Life as a Faculty Entrepreneur: Discovery, DEntrepreneurial Leadership Academy

Resources and networking for faculty with entrepreneurial interests

EURECA 1 Work Plan and Accomplishments• Year 1 - Understanding

– Vision of objectives and goals– Interdisciplinary possibilities and benefits– Resources required – Infrastructure required – Regional resources– Educational challenges – Student experiences

• Year 2 – Execution– Faculty and student involvement and training– Development of course syllabi– Launch of a student entrepreneurship

competition - InnoBusiness– Dissemination of knowledge and experience

• Visits by UNN faculty and students to Purdue for training and awareness

• Visits by Purdue faculty to UNN for needs assessment and information dissemination

Purdue’s EURECA Outcomes• Contributes to Purdue University’s strategic

goal “Meeting Global Challenges”• New models for entrepreneurial training

– Retain spirit but adapt to cultural and environmental factors

• New opportunities for collaboration with Russian partners– Entrepreneurship and research

What we’ve learned…• Interdisciplinary collaboration is valuable• Need to highlight successes• Requires institutional support• Flexibility – things change

Inspiration Education Application

Raises awareness“De-risks”

Saves time and resourcesBetter outcomes

Thank You