1. Welcome… “An investment in knowledge always pays the best interest.” Ben Franklin (1706-1790) Innovation & Entrepreneurship

2. “Turbulent Changing Times…” Uncertainty “…Jobs and Careers…Business and Industry…” Innovation & Entrepreneurship

3. Yet… All of Us… Have A Chance of a Lifetime “…We Will Shape and Determine The Future…” Innovation & Entrepreneurship

4. Let’s Get Started… Welcome to GEB 5516 and GEB 4152 Technology Commercialization And Technology Entrepreneurship Innovation & Entrepreneurship

5. Getting Started…Tonight 1.Introductions 2.Innovation and Entrepreneurship 3.Class Workshop-Current Trends 4.Next Steps Welcome to GEB 5516 and GEB 4152 Technology Commercialization & Technology Entrepreneurship Innovation & Entrepreneurship

6. Getting Started…Tonight Introductions… I’m Tom O’Neal… Welcome to GEB 5516 and GEB 4152 Technology Commercialization & Technology Entrepreneurship Innovation & Entrepreneurship

7. 7 Why listen to me? 1980’s Engineer Associate Director @ CREOL Associate VP 1990’s 2000’s BSEE 1970’s Entrepreneur Founding Director UCFTI now UCFBIP MSEM, MBA, PhD Faculty Mgmt/IEMS Entrepreneur Dr. Thomas O’Neal Associate VP for Research and Commercialization Executive Director UCF Business Incubation Program Executive Director GrowFL 12201 Research Parkway Orlando, FL 32826 oneal@mail.ucf.edu www.research.ucf.edu

8. Getting Started…Tonight Introductions… And You Are…? Welcome to GEB 5516 and GEB 4152 Technology Commercialization & Technology Entrepreneurship Innovation & Entrepreneurship

9. Getting Started…Tonight Introductions Innovation and Entrepreneurship Class Workshop-Current Trends Next Steps Welcome to GEB 5516 and GEB 4152 Technology Commercialization & Technology Entrepreneurship Innovation & Entrepreneurship

10. “…The Potential is Tremendous….” Opportunity, Growth and Wealth Innovation Requires Energy, Effort and Time….

11. So What…Who Cares…Why You  Innovation  Entrepreneurship  Investment  Knowledge  Wealth Innovation & Entrepreneurship

12. Innovation… Why Innovate? Innovation & Entrepreneurship

13. Let’s Discuss…Why Innovate Innovation  “Solve” a Problem  “Improve” the Quality of Life  “Preserve” Something Good Innovation & Entrepreneurship

14. Entrepreneurship What Does an Entrepreneur Do…? Who Might They Be…? Innovation & Entrepreneurship

15. The Entrepreneur …. An Entrepreneur Organizes, Operates and Assumes Risk for a Business Venture Innovation & Entrepreneurship

16. Let’s Discuss… The Characteristics of Entrepreneurs… Innovation & Entrepreneurship

17. Entrepreneurs… What About You…? Innovation & Entrepreneurship

18. Successful Entrepreneurs Are Principles Based…  Ethical Conduct  Vision & Value  Focus & Determination  Abstract Thinking & Pragmatic Execution  Commercialization Flexibility Innovation & Entrepreneurship

19. Investments in Innovation… Commitments!!!  Passion  Vision  CASH FLOWS Innovation & Entrepreneurship

20. Knowledge - UCF patents rank in Top Ten -Again - 2009 -

21. Knowledge… Knowledge is Valuable…!!! Innovation & Entrepreneurship

22. Wealth…

23. Entrepreneurs… Innovation & Entrepreneurship

24. UCF Research Foundation What’s Hot…  Knowledge, Vision and Execution  Digital, Molecular & Nano Infrastructures, and more…  Life Sciences  Energy, Clean Tech, Green Tech  Environments, Platforms, Systems and Connectivity

25. Innovation & Entrepreneurship Let’s Discuss The Class…. Opportunities Challenges Strategies Planning Execution Performance

26. Innovation & Entrepreneurship Major Deliverables…. Your Entrepreneurial Challenge  Your Class Participation!!!  The Elevator Pitch…(30%)  The Venture Project…(40%)

27. Innovation & Entrepreneurship  Your Commitment … Do the Work and Earn Your Grade…!!! (Maybe your first experience with entrepreneurship )

28. Vision to Reality “Tis easy to see, hard to foresee.” Ben Franklin (1706-1790) ------------------------------------------------ “People often fail because they trade what they want most for what they want now.”

29. Vision To Reality The Road Ahead…  Part One: Opportunity  Part Two:Feasibility  Part Three: Planning  Part Four: Growth and Change  Elevator Pitch and Venture Presentations --------------------------------------------------------------------------------------------------------------------------------- Now ….”A Group Exercise” – Current Trends

30. Class Workshop Break into groups of 4-5 people As a group, discuss and agree on 3 current trends that may affect your pursuit for a professional career and/or business Idea. Present Three Trends and WHY…  > One power point, no more than 6 bullet points

31. Class Workshop Break out…. One power point, no more than 6 bullet points Three Current Trends…  Trend One…  And Why  Trend Two…  And Why  Trend Three…  And Why

32. Vision to Reality * Workshop Observations… Wrap Up…. The Syllabus On The Website Next Week… The Journey Continues…

33. Vision to Reality Thank you for tonight Great to see you here Let’s be entrepreneurial together this semester