1 Entrepreneurship A Stanford Program for Minas Gerais
2 The Stanford Experience When you come to Stanford, you have to be willing to have your traditional way of thinking challenged. An open mind and enthusiasm to participate will lead you to a truly transformational experience.
3 Stanford University Renowned Faculty 1,771 faculty members 27 Nobel laureates Over 4,500 projects representing nearly $1B in annual research. Productive connections to industry, especially Silicon Valley Top Caliber Students 6,705 undergraduates from 55 countries 8,176 graduate students from 94 Countries Highly selective admissions High potential and entrepreneurial
4 Stanford: A History Fueling Business Growth 1,300+ companies founded by Stanford faculty & alumni Of Silicon Valley 150 today: Stanford founded companies represent $204 billion in market capitalization
5 Stanford School of Engineering The School of Engineering: A Catalyst for Change Located in the heart of Silicon Valley, Stanford Engineering has been the catalyst for many of the technologies and companies that define "The Valley," and which have in turn shaped the School. The success of this interaction is most apparent in the Bay Area, but it extends worldwide. Many of our faculty, students, and alumni are renowned for their entrepreneurship. They have evolved a model of academic/ industrial collaboration and technology transfer that is emulated around the world. The interaction sustains and enhances the school, as the excellence of our research and academic programs continues to attract the world's best faculty and students.
6 Stanford Center for Professional Development Since 1969, Stanford University has extended its faculty excellence in research and teaching in the School of Engineering and related academic departments to a global community of working professionals through the Stanford Center for Professional Development (SCPD). The SCPD is a recognized leader in developing and delivering professional and executive education to industry. We also extend education to industry via distance learning platforms. This year, SCPD will deliver more than 180 graduate courses host and archive more than 10,000 hours of programming deliver scores of custom programs at Stanford and around the globe provide student and client support to more than 20,000 students from over 600 companies around the globe
7 Entrepreneurship Program for Minas Gerais The Entrepreneurship program for Minas Gerais will combine the knowledge and skills of faculty from Stanford University and industry experts. The program will support Minas Gerais strong interest in continuing to foster its economic potential. The program is designed for owners and key individuals from IT companies (in teams of 2 or more) to provide an overview of Silicon Valley best practices and to help individuals and organizations improve their ability to create business, whether this is a great technology idea or a mature business seeking growth opportunities. Stanford University will collaborate with Minas Gerais to deliver an executive education program that captures the innovative & entrepreneurship culture at Stanford and in Silicon Valley. The program will change individuals, companies and the regional ecosystem into an entrepreneurship and technology hub.
8 Program Architecture Technology (Viable) Innovation Business (Feasible) Human Values (desirable, usable) Entrepreneurship (making it happen!)
9 Program Elements for Minas Gerais Innovation & Entrepreneurship Online Leveling Coursework this phase will engage participants in a digital education experience with a secure single sign on featuring: online videos, polling, sharing in a social networking environment where participants can engage, interact and post assets. This experience will provide leveling and baseline knowledge in order prepare participants for the Stanford Campus Program and could lead to a professional certificate. Stanford Campus Program a 5-day immersive executive program in state-of-the-art facilities designed to share best practices and tools that will allow participants to diagnose the strengths and weaknesses of their ventures through a deep dive with faculty, and Silicon Valley VCs and experts. Participants will also be required to do online pre-work in preparation for the week at Stanford. 4-8 weeks Intersession participants will actively work on findings from the Stanford Campus phase, including assignments specific to each company/entrepreneur. Minas Gerais Program - a 5-day immersive workshop experience in Brazil, where participants will work intensively on their startup product plans with Stanford coaching. Startups will refine their business opportunity, product design and development plans, execution plans, and go to market plans. Online Hard Skills Supplemental Courses Stanford will collaborate with Minas Gerais to deliver open, online courses to the IT sector to supplement hard skills gaps. Technical courses could include: digital image processing, convex optimization, quantum mechanics, signal processing, biotechnology, biostatics, cryptography, etc.
10 Learning Objectives Understand how innovation and entrepreneurship happens in Silicon Valley Gain innovation best practices from Stanford and industry experts Diagnose the company s business model, understanding its strengths and weaknesses Strengthen the company s business model and receive feedback from experts, optimizing startup/expansion success Change the business model! Understand current practices in IP licensing Understand strategies for taking companies global Understand venture financing practices in both U.S. and Brazil and how exit strategies can be constructed
11 @ Stanford Week Outline Day Monday Tuesday Wednesday Thursday Friday Theme The Opportunity Execution & Financing Innovation/ Product Design Going to Market Sustaining Innovation AM Content Welcome Keynote: How Silicon Valley Startups Do It The Opportunity: What Works Keynote: High Performance Teams Panel: Execution Keynote: Innovation Strategy for Product Design Panel: The Product Keynote: Crossing the chasm Panel: Going to market Keynote: Sustainability & the Future of Innovation Panel: Innovation the future PM Content How the Opportunity Was Framed Working Sessions: Diagnose the Opportunity Team Presentations to Panel Opening Dinner VC Panel: Execution/ Financing Working Sessions: Diagnose Execution/ Financing Plans Team Presentations to Panel Silicon Valley Company Presentation Working Sessions: Diagnose Product Design Team Presentations to Panel Panel: Going to International Markets Working Sessions: Diagnose Go to Market Plans Team Presentations to Panel Panel: Exit Strategies & M&A Working Sessions: Tasks for Brazil Week including case studies Closing Dinner & Wrap up
12 Minas Gerais Week Outline Day Monday Tuesday Wednesday Thursday Friday Theme The Opportunity Product Development Execution/ Financing Going to Market Presentations & Feedback Sessions AM Content Welcome Keynote: Innovation & Latin America vs Global Opportunities Case Study Group Discussion Case Study Group Discussion Working Sessions: Teams Define Their Startup Product Plan Case Study Group Discussion Working Sessions: Teams Define Their Startup Execution Plan Case Study Group Discussion Working Sessions: Teams Define Their Startup Go to Market & Sustainability Plans Team Presentations to Expert Panel for Feedback on Overall Startup Plans PM Content Opportunity Plan Team Presentations to Panel Opening Dinner Product Plan Team Presentations to Panel Panel: Brazil Venture Financing vs US Execution Plan Team Presentations to Panel Sustainability & Go to Market Plan Team Presentations to Panel Team Presentations to Expert Panel for Feedback on Overall Startup Plans Conclusions & Summary of Week Keynote: IP Licensing Approaches Closing Dinner & Wrap up
14 Selected Faculty Presenters Mike Lyons Donna Novitsky Consulting Professor of Management Science Lecturer, Stanford Technology Ventures Pgm Academic Director, Stanford Founder, Big Tent Entrepreneurship Program Banny Banerjee Pamela Hinds Associate Professor of Mechanical Engineering Associate Professor, Management Science Director of the Stanford Design Program Co-Director, Ctr for Work, Technology & Orgs Michael Fors Geoffrey Moore Vice President, Strategy, Microsoft Partner, Mohr Davidow Ventures Founder, The Innovators Author, Crossing the Chasm
15 Program Benefits Entrepreneurship is a team sport!
16 Program Benefits Entrepreneurship is an extreme sport!!
17 Program Benefits It s not about you, it s about your customer!
18 Program Benefits Fail early, fail often, fail cheaply Failure sucks but it instructs
19 Program Benefits No Barney deals!
20 Program Benefits 9X
21 Program Graduates This is not the end but the beginning!
22 Some Success Stories in France - First online business school in France. - Opened new office in Menlo Park, CA w/ Development operations in France. - Newly signed an agreement with world famous SF based architect. - Omnes Private Equity firm recently funded 2 million euros. - Funded 2 million euros by ISAI, a French firm supporting profitable internet ventures. - Funded 800k by XXXX
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