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