Shaping The Entrepreneurial University Founded in 2004 with a grant from the Kauffman Foundation, Kansas City, Missouri Main purpose is to stimulate entrepreneurship.

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Presentation transcript:

Shaping The Entrepreneurial University Founded in 2004 with a grant from the Kauffman Foundation, Kansas City, Missouri Main purpose is to stimulate entrepreneurship across the entire campus

The Academy for Entrepreneurial Leadership “Transforming ideas into ventures that create value” Defines entrepreneurship in a comprehensive way Provides resources to help make entrepreneurial dreams a reality.

Infrastructure and Support Advisory Board Deans  College of Fine and Applied Arts  College of Applied Life Studies  College of Engineering  Graduate College  College of Business  College of Liberal Arts and Sciences  Larry Schook – College of ACES  Rajshree Agarwal – College of Business Institutional Support Staff of 10 support and professional staff

Assessing Opportunities and Challenges 542 responses received (27%) Open to a broad interpretation of entrepreneurship More than half reported barriers to being entrepreneurial (entrepreneurship should be rewarded) Over 60% are interested in taking workshops offered by the Academy Over 50% interested in faculty development opportunities On Line Faculty Survey

Assessing Opportunities and Challenges 2,500 responses (25%) surveyed Students from every major academic unit responded Two-thirds expressed a desire to start own company or be self-employed at some point One-third feel prepared to accept a position with a start-up or entrepreneurial firm 70% would accept an offer from a start up business after graduation Graduate Student Survey

Major Strategic Initiatives Strengthen Entrepreneurship as a Respected Field of Study Expand National and International Identity for the Academy Cultivate Entrepreneurial Perspective and Skills Engage Entrepreneurship Champions Create Sustainability for the Academy

Strengthen Entrepreneurship - Study Creativity, Innovation and Entrepreneurship Fund  Collaboration with the Vice Chancellor for Research and Illinois Extension Visiting Scholars Program  Invited lectures in collaboration with Academic Units on campus Entrepreneurial Opportunity Fund  Support for Creative and Innovative Projects

Expand National –International Identity Presentations at National and International Conferences  AC21 Conference  NCGE conference  USASBE  Academy of Management Partnership with International Organizations  WUN  University International Studies, Center for Global Studies Illinois State-Wide Expansion of Entrepreneurship  University of Illinois - Chicago

Cultivate Entrepreneurial Skills Wide Range of Workshops and Lectures  29 Workshops covering diverse topics  Inspirational Speakers and recognized Scholars Curriculum Components for Class Instruction  Business Simulation  Assessment tools – Opportunity Scorecard and Entrepreneurship assessments Business Plan Competitions  Local and National Competitions

Engage Entrepreneurship Champions Faculty Fellows Program  15 Fellows from Across Campus  Diverse Curriculum Designed for Specific Disciplines Faculty Affiliates Program  Engagement of Entrepreneurial Faculty Academy Advisory Board  Deans from Colleges at UIUC Recruit Entrepreneurial Alumni  Serve as Judges and Mentors  Base of Financial Support

Create Sustainability Raise $15 million Endowment  Major Donors and Alumni support Secure University Commitments  Undergraduate Minor  Curriculum commitments University Support  A resource for the University Strategic Plans  Financial commitments

Faculty Fellows Ann Abbott Spanish, Italian, Portuguese Steven Anderson Social Work Hamish Gow Agriculture & Consumer Economics & Business Administration Darcy Lear Spanish, Italian, & Portuguese Lawrence Schook Animal Sciences & Institute for Genomic Biology Joseph Squier Art & Design

Faculty Fellows Rajshree Agarwal-Tronetti Business Administration Liora Bresler Curriculum and Development Les Christianson Agricultural and biological Engineering Paul Ellinger Agricultural and Consumer Economics Gordon Hutner English Gale Summerfield Women & Gender in Global Perspectives Michael Twidale Graduate School of Library & Information Science Madhu Viswanathan Business Administration Gary Xu East Asian Languages & Cultures Ali Yassine Industrial & Enterprise Systems Engineering

Shaping Entrepreneurship Through Partnerships in Creativity and Innovation