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

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In the 20 year history of innovation and entrepreneurship, in addition to helping may local companies, Lehigh University’s Integrated Product Development (IPD) program (www.lehigh.edu/ipd/) has being …

In the 20 year history of innovation and entrepreneurship, in addition to helping may local companies, Lehigh University’s Integrated Product Development (IPD) program (www.lehigh.edu/ipd/) has being the launching pad for several notable successful student startups (http://ecotechmarine.com/). In the spring of 2012, Lehigh faculty launched our unique Master of Engineering in Technical Entrepreneurship (MTE) with the sole purpose of creating successful student startups. This new graduate program is open to entrepreneurially-minded students from any undergraduate major. Lehigh’s MTE program features a dedicated curriculum, a dedicated faculty, and dedicated creative spaces, all focused on helping student entrepreneurs create, refine, and commercialize intellectual property through licensing and launching of a new business. In fact new product development and company launch are graduation requirements. The MTE program is the latest addition to Lehigh’s University’s award winning entrepreneurship ecosystem that is designed to attract, and support student entrepreneurs. On May 20, 2013 Lehigh’s graduated its first class of 14 entrepreneurs that created 12 new products and launched 10 new businesses. The very next day, the 28 members of the MTE class of 2014 started their journey into creativity, innovation and entrepreneurship. The ten year goal of Lehigh’s MTE program is to graduate 90 student entrepreneurs and launch 50 new companies each year and in the process become a major source of economic development for the Lehigh Valley, the Commonwealth of Pennsylvania and the USA. As we like to say, “Don’t take a job, come to Lehigh to create your own!”

Read the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/lehighs-master-of-engineering-in-technical-entrepreneurship-mte/

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  • John Introduces himself and MichaelMentions the handout for note taking
  • Describe the dedicated curriculum
  • Describe the faculty and adjuncts
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    • 1. Master’s of Engineering in Technical Entrepreneurship (MTE) Create and Launch Your Company in One Year Professor Michael Lehman, MD, MBA Professor John B Ochs, PhD, Founder & Program Director October 28, 2013 1 Professor John Ochs
    • 2. The Problem: Need for Talent Development Other Purposes Revenues Investment in Innovation Innovation Engine Mature Manufacturing Products New Paying Customers Innovation fueled by creativity is this generation's most import economic development engine driving job creation. People invest in innovation when it creates new products and services, producing an expected yield in long term growth and profits greater than other alternatives. 2 Professor John Ochs
    • 3. Developing Entrepreneurs and Supportive Environments Innovation Engine by Tina Seelig Innovation is necessary by not enough: we want people who can create, innovate and commercialize 3 Professor John Ochs
    • 4. Our Solution: MTE Program 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… MTE Class of 2013 4 Professor John Ochs
    • 5. Our Solution: MTE Program … find and assess opportunities, identify and manage risk, manage the developmentto- commercialization process, find and manage resources, lead the team by example with a superior work ethic, and through exemplary moral and professional behavior. MTE Class of 2014 5 Professor John Ochs
    • 6. Dedicated MTE Curriculum 6 Professor Michael Lehman
    • 7. Dedicated MTE Lab and Studio/Classroom 7 Professor Michael Lehman
    • 8. Dedicated MTE Faculty Joe Maenner IP Attorney, Maenner & Associates Michael Lehman, MD, MBA Professor of Practice • Entrepreneurship curriculum development • Commercialization of new technologies • Entrepreneurial Outreach 8 Marc de Vinck Dexter F Baker Professor of Practice in Creativity • Product developer at MAKE Magazine • Arduino and microcontrollers • 3D Printing • Creativity Program Professor Michael Lehman Joshua Cohen IP Attorney, RatnerPrestia Matt Sommerfield Founder, MTS Ventures • Design services • Contract manufacturing Brian Slocum Manager, Design Labs • Prototyping • SolidWorks
    • 9. Masters of Engineering in Technical Entrepreneurship Creating Flexible, Responsive Career Pathways Replicable and Scalable Bootstrapped Growth of 100% from year 1 to year 2 Can be scaled up (3 starting points/cohorts per year) Can be scaled down (series of workshops) Sustainable Tuition-driven model EDA-funded and university-funded scholarships Emerging industry partners Original Dedicated curriculum, dedicated space, dedicated faculty Twelve month Master’s of Engineering open to all majors MTE13 MTE14 Successful startups launched 6 12 projected Placements in innovative start-ups, large companies, academia 7 16 projected Measurements of Success 9 Professor Michael Lehman
    • 10. MTE Class of 2013 Start-Ups 10 Professor Michael Lehman
    • 11. EUREKA! Thalheimer Student Entrepreneurs Competition Lehigh Entrepreneurs Network “Garage” Student Incubator EUREKA! Levin Advanced Technology Entrepreneurship Competition Office of Student Leadership Development Integrated Product Development (IPD) Entrepreneurial Interns Program Small Business Counseling Innovation & Entrep. Leadership Residency Infrastructure & Other Related Courses L. Pool Memorial Scholarships for Entrepreneurship EUREKA! Baer Student Social Ventures Competition Wilbur Powerhouse Entrepreneurship Minor VENTURESeries Executive Certificate MBA Corporate Entrepreneurship Educational Programs Computer Science & Business Integrated Business & Engineering IDEAS Community Consulting Practicum The Business of Life Science PA School for Global Entrepreneurship Baker Institute for Entrepreneurship, Creativity & Innovation LehighSilconValley Opportunities for Student Innovation International Social Entrepreneurship Production & Marketing of Sound Recordings Martindale Center for the Study of Private Enterprise 11 Integrated Real Estate Design Arts Program Community Fellows Manufacturers Resource Center Related Organizations Office of Technology Transfer & Commercialization Center for Advanced Materials & Nanotech Ben Franklin Technology Keystone Partners Innovation Zone LEHIGH’S SBDC Entrepreneurship Ecosystem Center for Optical Technologies Global Village Microfinance Program Life Sciences Leadership Greenhouse Entrepreneurs in Residence Lehigh Enterprise Systems Center
    • 12. Building on Lehigh Alumni Successes Lifeserve Innovation, Cleveland Ohio, 2009 hField’s Wi-Fire as seen on HSN, 2010 Coffee Joules on Shark Tank, January, 2013 12 EcoTech Marine Launched September, 2012 Launched September 30, 2013