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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 on theme: "Shaping The Entrepreneurial University Founded in 2004 with a grant from the Kauffman Foundation, Kansas City, Missouri Main purpose is to stimulate entrepreneurship."— Presentation transcript:

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2 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

3 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.

4 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

5 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

6 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

7 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

8 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

9 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

10 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

11 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

12 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

13 Faculty Fellows 2005-2006 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

14 Faculty Fellows 2006-2007 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

15 Shaping Entrepreneurship Through Partnerships in Creativity and Innovation


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