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Entrepreneurial Activities at PSU. Feb 9 th , 2010. Kaufman Foundation.

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Kaufman foundation
Kaufman Foundation

We recognize that university environments are natural breeding grounds for creativity, the exchange of ideas, and new ways of looking at and studying things. Colleges and universities have embraced entrepreneurship, making it the fastest-growing field of study on campus ….

(www.kaufman.org)


Overview
Overview

  • Intro to Business (BA 101)

  • Business Outreach Program: Lara Damon (http://www.sba.pdx.edu/bop/index.php)

  • Social Entrepreneurship:Cindy Cooper (http://sba.pdx.edu/sii/)

  • PSU Business Accelerator:Chris Axtell (http://www.psba.pdx.edu/)

  • Center for Entrepreneurship: Melissa Appleyard (appleyar@pdx.edu)

  •    Q and A


Ba 101
BA 101

  • 20 sections per year, required for business major and minor.

  • Group project to develop a start up business plan.

  • “Four in 10 young people have or would like to start their own business someday.”

  • “Those who want to have their own business say their top reasons are to use their skills and abilities (92 percent), build something for their future (89 percent), be their own boss (87 percent), see their ideas realized (81 percent) and earn lots of money (85 percent).”

    Harris Interactive’s 2007 YouthPulseSM


Business outreach program
Business Outreach Program

  • The Business Outreach Program’s mission is to help small businesses including, emerging, minority and women-owned businesses, achieve their potential while providing students with opportunities for community based-learning.

  • Annually Serving:

    • 60 locally owned small businesses located in the Portland (approximately)

    • 80% of clients are existing businesses

    • 72% of clients are Minority or Women-Owned businesses

    • Over 60% of clients are low income individuals (based on 50% or below median income of Portland area

    • 60 PSU students acting as student consultants serving up to 15 business clients

    • 2-4 PSU SBA student interns employed by BOP to serve clients


Business outreach program1

Services Available:

Business and marketing plan development

Business analysis

Accounting setup and training – QuickBooks

Marketing analysis and strategy development

Brand development

Human resource management

Pro Bono legal services

Loan readiness preparation

Resources

Delivery of Services:

Counselors

Student Consulting Teams

Student Interns

Business Development Workshops

Business Outreach Program


Social entrepreneurship
Social Entrepreneurship

Using the power of entrepreneurial innovation to tackle social and environmental problems.


Social innovation incubator
Social Innovation Incubator

Customized support to:

  • Reduce search costs

  • Reduce time to market

  • Avoid pitfalls / learn from experience

  • Persist

    = Increase likelihood of success



Social innovation incubator2
Social Innovation Incubator

  • 2 intrapreneurial projects

    • RITS: web-based tracking system tied to RFID tags to be piloted in Tanzania

    • Barista and roaster training in Oaxaca, MX

  • Start-up to leverage for-profit and non-profit entities

    • Cervical cancer screening device


Entrepreneurial activities at psu

PSU’s Science & Technology Business Incubator / Accelerator

Founded in 2004

Served 42 technology startup companies

Working with 20 companies at a time

PSBA has a 84% success rate

100% of companies work with PSU


Psba s value proposition
PSBA’s Value Proposition Accelerator

Help technology entrepreneurs become investor ready and fill their company’s gaps.

Provide an entrepreneurial community for resident entrepreneurs to share ideas and resources.

Connect entrepreneurs to business development coaching and advising & PSU faculty and students.


Entrepreneurial activities at psu

  • Location: Accelerator

  • SW Corbett & SW Meade

  • One mile from PSU SBA

  • Near the Ross Island Bridge

  • Facility:

  • 40,000 square foot office building,

  • Office / lab space for up to 25 companies


Entrepreneurial activities at psu

  • PSBA / PSU support Accelerator

  • Investor readiness coaching

  • MBA project teams

  • Lab space on campus

  • IT service provider referrals

Lynn Stevenson

CEO

David Peyton

Co-founder & PSU Professor

Winner of Angel Oregon 2009


Entrepreneurial activities at psu

Jon Hofmeister, Founder & President Accelerator

PSBA / PSU support

L2M

ETM Team

MBA Team

Student interns


Psu center for entrepreneurship
PSU Center for Entrepreneurship Accelerator

The School of Business at Portland State University is leading an initiative to develop a world-class capability in entrepreneurship that provides the curriculum, mentoring, information, and network links that innovators – researchers, students, members of the community – need to launch their ideas and create successful companies. PSU’s Entrepreneurship Center will:

  • Deepen the entrepreneurial mindset and capabilities of the region’s innovators through educational programs;

  • Increase deal flow by providing expert support for vetting ideas, choosing the most appropriate vehicle for commercialization and social innovation, developing creative business models, and launch mentoring;

  • Accelerate bringing ideas to fruition by providing innovators with a “one-stop-shop” for the resources and processes required to reach the market.


Entrepreneurial activities at psu

Strategic Initiative 1 Accelerator

(w/OHSU)

Lab2Market

Strategic Initiative 2

Emerging

Entrepreneur

Strategic Initiative 3 (w/CGLS)

Social Innovation

COURSES

Global Entrepreneurship

(MIM elective)

Introduction to Entrepreneurship

(MBA elective)

New Business Launch and Growth

(MBA elective)

1-week

Entrepreneurship Intensive

(MBA elective;

open to community)

Social Innovation and Entrepreneurship

(MIM/MBA elective)

Pioneering Innovation

(MBA core course)

Social Entrepreneurship and Intrapreneurship

(MBA elective)

Market and TechnologyAssessment

(MBA elective)

Innovation Management & Entrepreneurship (MBA Concentration)

SUPPORT

Graduate Business Projects (MBA/MSFA/MIM)

Elevator Pitch Competition

Launch mentoring

Social Innovation Mentoring

LAUNCH SERVICES

Social Innovation Incubator (SI2)

OUTCOMES

“Graduation” to PSU Business Accelerator

Start-Up

Funding

Job Creation

Sustainable Regional Development

Graduates with an Entrepreneurial Mindset

Prototypes


Thank you
Thank you! Accelerator

  • PPT’s will be on the sba web site

  • Any Questions???

  • Next Teaching Brown Bag will be an overview of the Center for Academic Excellence Programs. March 9th in SBA 390.