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Page 1: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Professor Michael Lehman, MD, MBA

Professor John B Ochs, PhD, Founder & Program Director

October 28, 2013

Master’s of Engineering in Technical Entrepreneurship (MTE)

Create and Launch Your Company in One Year

Professor John Ochs1

Page 2: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

The Problem: Need for Talent Development

Innovation fueled by creativity is this generation's

most import economic development engine driving job

creation.

Innovation Engine Manufacturing Products

New

Mature

Revenues

Investment in Innovation

Other Purposes

People invest in innovation when it creates new products and services, producing an expected yield in long term

growth and profitsgreater than other alternatives.

Pay

ing

Cu

stom

ers

Professor John Ochs2

Page 3: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Innovation is necessary by not enough:we want people who can create, innovate and

commercialize

Developing Entrepreneurs and Supportive Environments

Professor John Ochs3

Innovation Engine by Tina Seelig

Page 4: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

The greatest opportunities for

innovation

occur at the intersection of

disciplines.

Innovation is a process that can

best be learned by doing it –

over and over again.

Our program focuses

on developing entrepreneurs

who are needed to lead

interdisciplinary teams…

Our Solution: MTE Program

MTE Class of 2013

Professor John Ochs4

Page 5: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

… find and assess

opportunities,

identify and manage

risk, manage the

development-to-

commercialization

process,

find and manage

resources,

lead the team by

example with a superior

work ethic,

and through exemplary

moral and professional

behavior.

Our Solution: MTE Program

MTE Class of 2014

Professor John Ochs5

Page 6: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Dedicated MTE Curriculum

Professor Michael Lehman6

Page 7: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Dedicated MTE Lab and Studio/Classroom

Professor Michael Lehman7

Page 8: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Dedicated MTE Faculty

• Entrepreneurship curriculum development

• Commercialization of new technologies

• Entrepreneurial Outreach

Michael Lehman, MD, MBA Professor of Practice

• Product developer at MAKE Magazine

• Arduino and micro-controllers

• 3D Printing• Creativity Program

Marc de VinckDexter F Baker Professor of Practice in Creativity

Joe MaennerIP Attorney, Maenner & Associates

Joshua CohenIP Attorney, RatnerPrestia

Matt SommerfieldFounder, MTS Ventures• Design services• Contract

manufacturing

Brian SlocumManager, Design Labs• Prototyping• SolidWorks

Professor Michael Lehman8

Page 9: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Masters of Engineering in Technical EntrepreneurshipCreating Flexible, Responsive Career Pathways

Replicable and ScalableBootstrappedGrowth of 100% from year 1 to year 2Can be scaled up (3 starting points/cohorts per year)Can be scaled down (series of workshops)

SustainableTuition-driven modelEDA-funded and university-funded scholarshipsEmerging industry partners

OriginalDedicated curriculum, dedicated space, dedicated facultyTwelve month Master’s of Engineering open to all majors

Measurements of Success MTE13

MTE14

Successful startups launched 6 12 projected

Placements in innovative start-ups, large companies, academia

7 16 projectedProfessor Michael Lehman9

Page 10: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

MTE Class of 2013 Start-Ups

10Professor Michael Lehman

Page 11: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

LEHIGH’SEntrepreneurship Ecosystem

Infrastructure& Other Related

Courses

IntegratedBusiness &Engineering

Integrated Product Development (IPD)

Community Consulting Practicum

Microfinance Program

EUREKA! ThalheimerStudent Entrepreneurs

Competition

Design Arts Program

CommunityFellows

Opportunities for Student Innovation

EUREKA! Levin Advanced Technology Entrepreneurship

CompetitionEntrepreneurial Interns

Program

Center for Advanced

Materials & Nanotech

SBDC

KeystoneInnovation

ZoneManufacturers

Resource Center

EnterpriseSystems Center

L. Pool Memorial Scholarships for Entrepreneurship

PA School for Global Entrepreneurship

Small Business Counseling

MBA Corporate Entrepreneursh

ip

VENTURESeries Executive Certificate Educational

Programs

RelatedOrganizations

Ben Franklin Technology Partners

WilburPowerhouse

Life Sciences

Greenhouse

“Garage” Student Incubator

Office of Technology Transfer &

Commercialization

Lehigh Entrepreneurs Network

Integrated Real

EstateProduction & Marketing of

Sound Recordings

Master’s in Technical

Entrepreneurship

Entrepreneurship Minor Computer Science& Business

Center for Optical Technologies

The Business of Life Science

Global Village

Leadership Lehigh

Office of Student

Leadership Development

IDEAS

Martindale Center for the Study of Private Enterprise

Innovation & Entrep. Leadership Residency

Baker Institute for Entrepreneurship,

Creativity & Innovation

International Social Entrepreneurship

EUREKA! Baer Student Social

Ventures Competition

LehighSilconValley

Entrepreneurs in Residence 11

Page 12: UEDA Summit 2013 - Awards of Excellence - Talent Development - Lehigh’s Master of Engineering in Technical Entrepreneurship (MTE)

Building on Lehigh Alumni Successes

EcoTech Marine

12

Lifeserve Innovation, Cleveland Ohio, 2009

hField’s Wi-Fire as seen on HSN, 2010

Coffee Joules on Shark Tank, January, 2013

Launched September, 2012 Launched September 30,

2013


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