Entrepreneurship, Innovation & Student Enterprise Nigel Biggs, Entrepreneur-in-Residence University of Surrey USP, Sao Paulo, 21 March 2012
Innovation The successful implementation of a new idea Idea Investigation Invention Implementation
Enterprise Being Enterprising Having an idea and doing something about it, especially convincing others to do it too
Entrepreneurship Being Entrepreneurial Being enterprising as a business and generating surplus money
Entrepreneur-in-Residence Finding enterprising students and helping them DO it! Entrepreneurs learn by doing!
Entrepreneurship at Surrey Surrey Business School Entrepreneurial Business Development Innovation Management MSc Entrepreneurship Centre for Advanced Research in Entrepreneurship UG, MSc, PG, MBA All Students learn about entrepreneurship Some actually DO it!
Entrepreneurship at Surrey School of Engineering Technology Entrepreneurship Enterprise Module in Electronic Engineering Students Learn and DO (engineering) Civil, Mechanical, Aeronautical, Computer Science & Software Engineering Enterprise Academy 4 Engineers
Entrepreneurship at Surrey Faculty of Health & Medical Sciences Biomedical engineering Nurses, paramedics etc. Learn and DO Helping a 1 st year paramedic with an invention relating to accidental amputation
Entrepreneurship at Surrey Faculty of Arts & Human Sciences Music, Theatre etc. DO Creatives for Computer Games Collaborations with Engineers and Business
Entrepreneurship at Surrey Central Service Research contracts Corporate links Spin-outs Student Enterprise Surrey 100 Club SETsquared incubation ISIC Surrey SECL
Surrey Research Park Pre-incubation and business incubation and grow on space Medium sized research facilities Large research centres and HQ 140 companies Start-ups to corporates www.surrey-research-park.com
Entrepreneurship at Surrey Local connections Business Support group Club 100 Mentors Talks Contacts Internships SMEs, Corporates and Alumni
The enterprise strategy What do enterprising/entrepreneurial students do? Surrey Entrepreneurs SIFE (Social Enterprise) Hospitality Entrepreneurs Come to Enterprise events Start/run businesses NACUE, icue, SECL
The enterprise strategy What do we do to help enterprising students? Awareness Events and Competitions, Summer School/Bootcamp Funding (BESSS, T&R, Santander, incubation, Club100) Enterprise Centre Student Retail Space SECL Mentoring Business Links Local and Global e.g. through USP/UGPN
The Surrey Degree Placement Year A JOB! Year 1 Year 2 Year 3
Entrepreneur Student Start a business Run it! Degree is hard Placement Year Year 1 Year 2 Year 4
Enterprise @ Surrey The Surrey Enterprise Company Limited
Enterprise @ Surrey Private business Students employed by Uni Loaned to SECL Appointed directors Finance control Run the business Make money to run again next year But run what?
Enterprise @ Surrey Consultancy Students, Masters and MBAs know more about new technology than businesses Creative Build web sites Communication Promote Enterprise at/for the University
Enterprise @ Surrey The Lessons Be more directive Mentor early Assign roles
Innovation and Collaboration Combining New ideas into successful practice Designers helping engineers Business people making it happen Dancers and Musicians helping scientists USP/NC State helping Surrey Venture Matrix?
Global vision for student enterprise Enterprising students should link with, meet with, collaborate with, and trade with other enterprising students from around the world. These students should graduate with a basic global network naturally in place which provides a powerful base for an enterprising and entrepreneurial career in a global world. The UGPN can help facilitate this vision.
It s time to finish!