The Technion Entrepreneurship Center

Transcription

1 The Entrepreneurship Center Rafi Nave April 2015

2 The Entrepreneurship Center Team Bronica Entrepreneurship Center

3 The BizTEC Bronica Entrepreneurship Team Center

4 The Entrepreneurship Center s Mission Position the as a world leader in Entrepreneurship and Innovation

5 The Entrepreneurship Center s activities The Center acts as the central point of contact for entrepreneurship at. It accompanies the entrepreneur [ student, faculty or young alumnus ] through the journey; from the earliest stage to a fully committed entrepreneur

6 The Entrepreneur s Journey Bronica Entrepreneurship Center Building a business Bridge to the Ecosystem Idea Phase Action Learning, Experimenting Aspiring beginners Awareness, Education, Inspiration

7 The Entrepreneurship s Journey Pre-entrepreneurs Aspiring beginners Idea phase Building a business Academic courses Guest talks in mandatory courses Advising 4 th year projects 17 academic courses StartUP MBA Zero point initiatives Minor in entrepreneur ship Capstone course Extra-curricular activities Dream Factory Career management: New generation Engineers eclub and open events 3DS Themed workshops Content BizTEC Consultation sessions Kaplan Prize Bridge to the ecosystem= connecting with network and expertise TFL, workshops

8 Academic Activities 18 academic courses Minor in Entrepreneurship Certificate from the Under-Graduate school 4 courses, 9.5 credit points Start-Up MBA

9 Entrepreneurship Education students should develop business and management skills & know-how on top of their Technological/Engineering education. Entrepreneurship - the skills and mode of operation, needed for initiating/leading new company, or for promoting initiatives within organizations. The Minor in Entrepreneurship provides important knowledge and skills for students in all the Engineering & Science faculties

10 The Entrepreneurship Minor The Minor allows students to focus on their Major [ EE, CS, Bio-Medical, Medicine, Mechanical etc ] and attain the Entrepreneurship specialization. On Nov 21 st 2011 the Minor was approved by the Vice President for Academic Affairs On Jan 29 th 2012 it was approved by the Senate.

11 The Program The Minor program includes 4 courses: 3 mandatory and one is elective. These courses provide the students with the basics in business education [ Finance, Legal, IP and Market ] as well as in Management [ OB, Leadership, Negotiations..] plus hands-on experience in team dynamics and running your own company while attempting to commercialize a technological idea/product. The elective course that the student undertakes is one out of a dozen classes that are available. In most cases the student is directed to take a course within her/his faculty.

12 Comparative analysis on entrepreneurship programs Our comparative analysis of leading entrepreneurship programs revealed four clusters of skills included in all programs: Introduction to entrepreneurship [ overview /sampling of the below ] Business [ Finance/Funding, Legal, IP, Marketing ] Management [ OB, Leadership, Teamwork, Negotiations, Decision Making ] Practice [Gaining valuable experience in opportunity identification, development of an idea/product into a business proposition and a company ] Bsn Prct Intr Mng

13 The Minor in Entrepreneurship Our Minor includes 3 mandatory courses, and one course from the selection list. 1) Intro/Overview Selective course [ list on next page ] 2) Finance, Legal & IP for Entrepreneurs 3) Business & Marketing for Entrepreneurs 4) The Capstone project [ reducing theory to practice ]. The capstone course include weekly classes that cover managerial topics (OB, Leadership, Teamwork) and systematic opportunity identification and evaluation Bsn Prct Intr Mng

14 Mentoring Extra Curricular KAPLAN PRIZE

15 3DS (3 Day Startup) A three day workshop for pre-screened participants to take their ideas to a pitch to a panel of investors through hand-on experience Input: Individuals Output: Teams

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17 eclub Bi-weekly networking events Meet leading entrepreneurs and share ideas in an informal, relaxed environment. The goal: Fun and inspiration

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21 For Life (TFL) Mentoring, networking & consulting services for alumni Experienced Alumni coach & help young ones History Founded by Reuven & Shai Agassi in Exits $ 120 M Raised investments 30M$ Activity 15 applications per month Currently 12 active supported ventures

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23 BizTEC 2015 National business plan competition for students 75 teams applied this year ( 2015 ) to the competition 50 Judges helped to evaluate the teams 40 Mentors will guide and assist the teams 6 extensive Workshops will provide relevant tools, skills and methods to the teams [ eschool ] The BizTEC partners will escort and assist the teams 30 teams selected to proceed to the eschool stage Teams will reach the finals and one team will win the $10,000 prize

24 Fitterli Team from BizTEC 2014 won 1 st place Intel Europe Business Challenge

25 BizTec Success Stories

26 Some of the companies that started their journey in BizTEC Bronica Entrepreneurship Center PolyTouch - purchased by Covidien for $40M. Producing placement device for laparoscopic hernia repair LifeBond - next-generation surgical sealants, raised ~$20M in third round in 2011 currently in clinical trials [ ] WindWard - Predictive Maritime Analytics Systems & Services, raised ~$5M in first round in 2013 [ ] Meerkat (previously Yevvo ) - Instantly push live HD video app between people, raised $12M in round B in 2015 [ ]

27 Thank you!