the impact of entrepreneurship on higher education … · entrepreneurship on higher education...

#tucamaraenaccion

The Puerto Rico Chamber of Commerce Birling Capital, BDO Puerto Rico, LLC, and El Nuevo Día present:

The Impact of Entrepreneurship on

Higher EducationJorge Haddock

PresidentUniversity of Puerto Rico

P u e r t o R i c o C h a m b e r o f C o m m e r c e 2

CAPITAL ADVISORS, LLC

A BOUTIQUECORPORATE ADVISORY& CONSULTING FIRM.

Our vision at the University of Puerto Rico:

• Entrepreneurial university with the aim of creating social and economic value througha culture of innovation




• University Operations

Entrepreneurship in Higher Education

• Curriculum Development

• Idea Creation to Market




University Transformation Culture of Responsibility

Continuous Improvement

Modern Technology




New Financial Model

New Sources of Income

Academic Reengineering Lean Management





• Curriculum Development




Río Piedras:• Minor in Entrepreneurship• Master’s Degree in Culture Management

Mayagüez:• Bachelor’s Degree in Agribusiness• Minor in Entrepreneurship• The New Venture Development Experience

Other campuses• Minor in Entrepreneurship

Entrepreneurship at the UPR




Our students develop skills in:• Leadership and Management

• Empathy, Creativity

• Critical Thinking

• Collaboration and Teamwork

• Effective Communication

Entrepreneurship at the UPR (Cont’d)




We have 44 credit courses focused on entrepreneurship

Selected Courses

• Design Thinking

• Customer Discovery & Value Proposition

• Prototyping & Pitch

• Market Discovery

• Path to Market & Business Model Canvas

• Intellectual Property Research




Professors from Various Disciplines with Entrepreneurship Training, by University

0

20

40

60

80

100

120

Total Adiestrados

UPR

INTER

SUAGM

USC

PUCPR

EDP

POLI

Otras Universidades

NUC

Institutos Tecnológicos

Carlo Albizu

Interamerican Business Education Center





• Idea creation to market




UPR students go through these steps to get from IDEAS to ACTIONS




CurrentSituation

StageLearning

• Basic Startup Concepts

• Creativity

• Teamwork

• Leadership

• Negotiation

• Creation of a Viable Product

• Metrics for Startups

• Idea Pivot

• Intellectual Property

• Pitching the Idea

• Raising Money

Most campuses have majors and minors, student skills:




Current Situation

StageCreate

Students develop skills and experiencesso their ideas can become final products. Students are provided with resources and mentorship to refine their ideas and create prototypes.




Current Situation

StageLaunch

Product launch and investor match:

We offer our students the following support:• Legal Services • Intellectual Property Protection• Tutoring and Support • Visibility




Examples:

Health, “The tent”:

• For bedridden patients during events such as earthquakes

• Devices to store and keep insulin safe for 48 hours without power




Impactful results:

• MBQ Pharma cancer treatment




BrainHi, a company based on artificial intelligence, was the first Puerto Rican startup to enter the prestigious accelerator “Y Combinator” in Silicon Valley. It received $500,000 in funds.




INSU Health Design developed a cooling system to preserve and protect medicines for biomedical patients.

INSU was selected to participate in the Bravo Family Foundation’s program Rising Entrepreneurs, which provides mentorship por16 weeks and $30,000 to continue developingthe product.




Historical increase in patents:

• In two years, the Office of Intellectual Property and Technology Transfer of the UPR has developed 26 new patents for a total of 98.

• These patents have an economic and social impact on the Island.

• The new patents are aimed at cancer prevention, sciences and art of scuba diving, and capsules to make agriculture possible on planet Mars.




For more details on the ecosystem

www.upr.edu/emprende

www.camarapr.org #CamaraEnAccion

THANK YOU!

the impact of entrepreneurship on higher education … · entrepreneurship on higher education...

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