regional collaboration julie messing & elizabeth sinclair kent state university students drive...
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Regional CollaborationJulie Messing & Elizabeth SinclairKent State University
Students Drive Entrepreneurial Growth Through…
Looking Through a Different Lens Academic Institutions as Vehicles
for Economic Development
Training, Education and Programs Focused on Developing and Growing Businesses
Result: Student Entrepreneurs = Entrepreneurial Growth
Building Student Entrepreneurs Create Awareness and Enthusiasm for
Entrepreneurship
Empower Students to Become Change Agents in Shaping Our Economic Future Through Entrepreneurial Development
Experiential Learning Opportunities
Connections with the Business Community
Regional Collaborative Programs at KSU Entrepreneurship Extravaganza
Entrepreneurship Immersion Week – Entrepreneurship Education Consortium
Young Business Scholars Program
Entrepreneurship Extravaganza Six Annual E-Extravaganzas Over 800 participants in 2010 Students, Entrepreneurs, Vendors Goal to Grow to Multi-Day Regional
Event
E-Extravaganza Goals
Create Awareness Promote opportunities available
through the Center Build connections between:
High School students to college environment
Community to university’s campus Entrepreneurs to students and campus
Build Networking Opportunities View Entrepreneurship as a Viable
Career Option
E-Extravaganza Overview
General Session MDS Speaker
Exhibitors Innovation Showcase Breakout Groups
Workshops Keynote Speaker & Panel Panel Discussions Roundtables
Seasoned Entrepreneurs Kent State University Students
Michael D. Solomon Speakers Series
Longest-Standing Component of CEBI Formal Lectures and Fire-Side Chats Great Source of Entrepreneurial Energy on the KSU Campus
Exhibitors & Showcase
Workshops Leveraging the SBA Protecting Your Idea Marketing on a Shoe String Budget
Keynote & Panels
Keynote: Entrepreneur Success Factors Utilizing your Entrepreneurship Support Network Minority Business Success Stories
Roundtables
Various Entrepreneurs Students
E-Extravaganza Outcomes Created awareness of
entrepreneurial opportunities across campus
Connected student entrepreneurs with support resources in the region
Participants understand entrepreneurship as a valuable career option
Lessons Learned
Top 10 Pieces of Advice Start early! Specific/timely surveys to measure
event results Put extra effort into Innovation
Showcase = larger benefit of new ideas
Secure speakers and presenters early Large publicity source
Focus on publicity and/or PR over advertising
Lessons Learned
Keep registration simple and follow-up with registrants
Roundtables are very successful
Wide range of speakers (include potential benefactors)
Find champions in each key area
Take care of your volunteers!
Entrepreneurship Education Consortium (EEC)
The EEC is a 501(c)3~ Non-Profit Corporation
Collaborative Effort by Nine Universities and Colleges in Northeast Ohio
Purpose of the EEC is to Promote Entrepreneurship Education and Stimulate Entrepreneurial Activity within the Region
Received the National Innovative PedagogyAward at USASBE in 2010
EEC Collaborative Goals
We realized that we could accomplish much more together than individually.
EEC collaborative goals: Cooperate in the education and development of
regional student entrepreneurs Encourage students to stay in the region after
graduation and either start new enterprises or work in regional entrepreneurial opportunities
Empower our students to be change agents in shaping the economic future of our region and Ohio
First Blended Team in 2009
Signature Program ~ Entrepreneurship Immersion Week
Intensive Week Long Summer Entrepreneurship Academy~ seven academic sessions
Students are taught by unique combination of academics and practitioners ~ several guest speakers
Each school’s team develops a new product or service idea ~ innovation
At the end of the week, teams present their ideas and plans to a panel of outside judges for prize money
~ competition
Immersion Week Outcomes
2007 Winning Team from Case Western has started venture called Fresh Fork Market ~ raised over $250,000 for their venture http://www.freshforkmarket.com/
2009 Winning Team filed a provisional patent on their idea and formed an advisory board to assist their launch
Several teams from 2008 – 2011 are working on their ideas
Students are making an impact with peers Positive public relations throughout the region
Lessons Learned
Keep your focus!
Make sure that everyone “has skin in the game”
Make certain that the group members can concentrate on the cooperative side rather than on the competitive side
Create a separate entity
Keep your Dean/Principal informed
Bring in competent outside help when necessary
Young Business Scholars Program (YBS) Summer program for high school
sophomores and juniors interested in majoring in business in college
One-week business camp on the KSU campus
21 students in first program
YBS Program Goals
Provide high school students with practical information about university business programs
Better prepare students to enter college as business majors
Provide an opportunity for students to experience college life
Create an opportunity for students to earn an incentive to pursue a business degree in higher education
YBS Program Overview
Daily Classes with Business Faculty Week-Long Entrepreneurial Project Social Activities Campus Life
Students stay in KSU dorms, eat in dining facilities, experience student life
Scholarship Opportunities Made available to students for only
a deposit of $50 to ensure affordability
YBS Classes
Faculty representatives from each department/functional area
Hands-on, interactive approach
Goal: Help students who are interested in “business” to better understand the different options and specializations within business
YBS Project
Week-Long Entrepreneurial Project Teams of students from different
schools
KSU undergraduate student coaches
Entrepreneurial focus links together all different functional areas of business
Structured, hands-on exercises to help students develop business plan
Presentations on final day for judges from the business community
Winning team receives scholarships
YBS Outcomes
Students gained a better understanding of the available opportunities in the business field
Students’ interest in pursuing a career in business increased
Students’ final projects were evaluated by the community judges as being exceptional in quality
Several students expressed increased interest in attending KSU
Lessons Learned
Work with high schools and parents Teachers can help identify students Parents are the true target market Work with the school’s schedule –
parents make decisions early Two coordinators
Requires a lot of coordination on both the academic and logistic sides
Separate coordinators helps to spread the burden and work more effectively
Lessons Learned
Involve College Students Student coaches and chaperones
were one of the highlights for participants
College students learned almost as much as high school students did
Have Backup Plans Events/meals take more or less time
than expected Surprises happen – ex. no ice in the
ice rink!
Thank you!Contact Information:
Julie Messing Elizabeth SinclairCenter for Entrepreneurship Assistant Dean& Business Innovation College of Businessjmessing@kent.edu easincla@kent.edu(330)672-9430 (330)672-1286
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