The Enterprise Development Laboratory

Enhancing Regional

Technology Commercialization

Maria Meyers, Managing Director

Institute for Entrepreneurship and Innovation

Henry W. Bloch School of Business and Public Administration

University of Missouri – Kansas City`

The LEAD Model

Learning

Empowering through Research

Accelerating Commercialization

Delivering to the Community

I E I

Entrepreneurship in the Classroom

Entrepreneurship in the Community

EntrepreneurshipResearch

Accelerating

CommercializationEnterprise Development LaboratoryEnterprise Development Laboratory

KC Research Organizations

Corporate and

Other Sources

Initial Screening by faculty, staff and advisors

Student Teams Evaluate & Select Ideas/Technologies

Student Teams Evaluate and

Develop Business Concepts

Institute FellowsStudents in the degree programs

Evaluation and selection by investors, students, and advisors

Students await

decisions on the commercial viability of the venture

Students manage the new ventures as shadow managers

Outcome: Start-up, go to incubator, or Stop?

Students’ RoleUM Research

Centers

Mentoring by the expert-in-residence and

advisors

1. Boot Camp: Business Idea Competition

2. Mining for Real World Technologies

3. Business Model Development through

Entrepreneurship Curriculum

4. New Venture Challenge Competition

5. Student Incubator

6. Business Development Programs

“Before graduation, students from all disciplines will create and run a company.

They will graduate with a toolbox, a road map, and real experience.”

Boot Camp

3 credit hour, 4 weekend class complete with idea competition

Team taught between Engineering, Law and Business

Students from many disciplines – freshmen through PhD

Idea Generation

Sprint provides criteria for new product

Students build feasibility plans

Competition winners win phone service

Boot Camp –

The Sprint Connection

Boot Camp Winners 2006

Technology Mining

Where oh Where Can Technology Be Found?Where oh Where Can Technology Be Found?

Our UniversityOur University

Their UniversityTheir University

Research InstitutesResearch Institutes

Hallmark Cards (!)Hallmark Cards (!)

Business Outreach ProgramsBusiness Outreach Programs

Technology MiningCompany Technology

Porter Smart Box

United States Semiconductor Quantum Fingerprint Sensor

United States Semiconductor Compact Nuclear Battery

National Renewable Energy PowerView Semi-Transparent

Laboratory Photovoltaic-“Smart Glass”

Brown Medical Flexense

UMKC Bone testing device

University of Kansas Helical Screen

Movement System

KU Medical Center Oral male contraceptive

KU Medical Center Health informatics and

Curriculum

Building Business Models

Undergraduate, graduate and .

,. EMBA venture creation classes

Team taught between engineering, .

law, business

Community mentors through Experts-in-Residence program

Business outreach program support

Lessons Learned

NDA’s provided by technology owners are

not usually appropriate for student

projects

Small businesses will invest more time

with teams to develop technologies

It works! BoneMetrics – an example of a

system that works

.

Questions?

www.entrepreneurship.bloch.umkc.edu