Weinert Center for Entrepreneurship USASBE 2009

3. Weinert Center for Entrepreneurship

4. Weinert Center for Entrepreneurship In School of Business Primary focus is on MBA�s. We also offer an undergraduate major and have Ph.D. students Affiliated with campus-wide programs and activities INSITE Kauffman Grant Entrepreneurship Association Badger Angels Network Part of relatively small MBA program -- 120 students per year Hundreds of students in MBA classes, but only 10 majors admitted each year

5. Weinert Center Faculty/Staff

6. Affiliated and Core Faculty

12. Students are Admitted Directly to the Weinert Center -- Benefits Interview all applicants that pass initial screen, preferably in person Helps assure real interest in, passion for, and promise for entrepreneurship Know students from Day 1 and do intensive interviewing and surveying to learn more about specific goals, concerns, perceived areas of strength or weakness Can better structure sequence of course offerings Second years can serve as mentors Work on internships

14. WAVE Funded Start-Up Businesses

17. Curriculum

18. WAVE Practicum I & 2 Higher level, integrated, and expanded coverage of material from other courses Close interaction with WAVE board Three projects: Work with individual or business to deal with entrepreneurial issues -- sometimes from University Research Park Work with Wisconsin Alumni Research Foundation Work on own projects

19. WAVE Practicum I & II -- Wisconsin Alumni Research Foundation (WARF)

20. Class Speakers for Fall 2007- Spring 2008 John Neis, Venture Investors Bruce Neviaser, Continuum Jim Weinert, Founder, Weinert Center Pete Zaballos, Frazier Technology Paul Reckwerdt - TomoTherapy JJ Vosskamp - Cascade Asset Mgmt Laurie Benson - Inacom Deven McGlenn, Neoclone Bill Skeens, Prairie City Bakery Chris Hornung - Next Step Per Anderson, Metavante Jay Loewi-QTI Group Judy Faulkner-Epic Systems Joan Gillman, Wisconsin School of Business Rimas Buinevicius -Sonic Foundry Laura Frances, Promega Charlie Flad, Sun Prairie Police Dept. Heather Hilleren, GreenLeaf Market Ben Hobbins, Lake Resources Group Dan Howell, Mesirow Financial Steve Jacobson, Fairway Independent Mortgage Kevin Phelps, UW Bookstore

21. Outside Elective Courses

22. Meeting Entrepreneurs World-Wide Seattle California International Trips Chicago

23. Unique Entrepreneurship Extension Second Wisconsin Entrepreneurial Bootcamp (WEB) WEB focuses on three domains of technology entrepreneurship, including how to: 1. Imagine, create and assess opportunities. (Using multiple lenses such as viable business models and intellectual property issues.) 2. Develop resources for organization & strategy. (Form teams, seek funding). 3. Use accounting and finance (As language and assessment tool). For all content areas, WEB offers specific opportunities to: *Develop the student's ability to use practical tools *Deepen the student's conceptual ability to explore fundamental links between tech and business *Broaden the student's factual knowledge about technology strategy and entrepreneurship.

24. Second Wisconsin Entrepreneurial Bootcamp (WEB) Students

25. Competitions

26. Students The true test is the success of our students. The following slides will introduce them to you and show the statistics regarding their placement over the past three years. Survey shows that entrepreneur students from our program seven years after graduation averaged $130,000 compared to $107,500 for all Wisconsin School of Business masters degree alumni seven years post-graduation.

27. WAVE Student Placement at Graduation 2006-2008

29. Innovativeness and Uniqueness Selection directly into program Work on outside projects in all classes Dual advisory boards WAVE investment fund Spring and winter trips WAVE Practicum Personal, individualized attention Financial support for all Weinert Center students Other activities and programs such as WEB, dorm space, student incubator

30. Quality and Effectiveness Satisfaction of graduates � all 2008 graduates made financial contributions to the center Success of start-ups Internship success Placement success Salaries and equity More applicants than any other center Businesses and individuals helped by center Assistance in development of entrepreneurship and related infrastructure in the Madison area. Entrepreneur Magazine/Princeton Review ranking Active alumni involvement

31. Completeness and Comprehensiveness Full range of course offerings in the Weinert Center, School of Business, and across campus Links across campus to INSITE, Kauffman grant, Entrepreneurship Association Kauffman support to grow entrepreneurship at UW-Madison, across the UW system, and statewide

32. Sustainability Endowment WAVE Fund Kauffman funding, including leadership by Chancellor Martin $85 million Wisconsin School of Business naming grant Two very supportive advisory boards Continuing curriculum refinement, development, and coordination Links to WARF and University Research Park Strong, active alumni base Ongoing fundraising and alumni involvement activities

33. Transferability Our mission is consistent with the USASBE mission which is to advance knowledge and foster business development through entrepreneurship education and research. Leading entrepreneurship faculty continue to do research, teaching, and advancement of entrepreneurship. Extensions across campus provide evidence of transferability.

34. Questions? Thank you for the opportunity to show the USASBE more in-depth details of our program!