iDEA Institute
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iDEA Institute

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This is a new effort at CWRU coming out of the Engineering school

This is a new effort at CWRU coming out of the Engineering school

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  • 1. iDEA Institute A CWRU initiative for change
  • 2. Vision
    • Inspire and facilitate:
      • CWRU Students
      • CWRU Faculty
      • Outside Partners
    • to Create great:
      • Products
      • Services
    • and an Entrepreneurial Culture
  • 3.  
  • 4. Entrepreneurial environment
    • Students involved in active projects
    • Expand curriculum for entrepreneurial studies
    • Create a semi-exclusive club – support network
    • Produce bootcamps, unconferences, live events
    • Provide access to experienced and successful entrepreneurs
  • 5.
    • On-line tools
    • Virtual teamwork
    • Peer review
    • Leave no student behind
    • Mentoring in many forms
    • Nothing wrong with failure
    Culture of Innovation, Collaboration and Risk Taking
  • 6. iDEA = the “NEW” CWRU
    • iDEA = new ideas, networking activities, inter-disciplinary approach
    • Put together deals and projects
    • Produce live events – of all shapes and sizes
    • Break down the fiefdom walls
    • Use iDEA to differentiate
  • 7. New kinds of Events
  • 8. Unconferences, Workshops
  • 9. In depth work groups
  • 10. New iDEAs formulated Projects produced, Products shipped
  • 11. Integrated platform
    • Synergistic approach to tools, collaboration and project management
    • Virtual platform – can be accessed anywhere
    • Connect disparate departments, institutions and partners with students
    • Combine:
      • Academic
      • Business
      • Social/Economic efforts
  • 12. On-line tools
    • Social Network/Dashboard
    • Google Sites, Docs and Apps
    • Skype
    • Wiki
    • Open:
      • APIs (application programming interface)
      • Data
      • Source
      • Standards
      • Ideas
  • 13. Put together Deals
    • Work with high level professionals, designers
    • Cherry pick best projects
    • Put together team:
      • Product Engineering
      • Productization
      • Marketing/Sales
      • Project Management
    • Leverage Tech Transfer
    • Find funding
    • Sell products and services
  • 14. Identify low hanging fruit
    • Many projects are ready to go:
      • Medical
      • New Materials
      • Energy
      • Job Creation
    • Use seed money to get these projects going
    • Get students involved
    • Then find funding for each project
    • Apply for Fed grants, based upon early successes
  • 15. Develop Student projects
    • Identify the best student iDEAs
    • Put together deals by matching student interns to mentors and experts
    • Get students assigned to projects, learn the ropes by assisting experts
    • Students go through the entire productization process, learn by doing
    • We help find funding for their projects
  • 16. Schedule
    • Q1 ’10
      • Form/Announce, initial events, recruit students, define the platform
      • Put together first deals, first teams formed, on-line tools available
    • Q2 ’10
      • First projects started, networking events produced, first success
      • Large funding applied for, bigger deals put into place, Lab Director hired
    • Q3 ’10
      • First projects shipped, more events, lab construction started
      • Larger projects funded, second round of recruiting, refined tools
    • Q4 ’10
      • Partners and deals announced, evidence of success, weekly events
      • Program expands, open ‘sandbox’ lab, regional alliance forms
    • Q1-Q2 ’11
      • Over 100+ student entrepreneurs, large projects start to ship
      • On-going multiple projects, multiple alliances and partners
    • Q3-Q4 ’11
      • iDEA Culture appears, CWRU becomes a place to come to invent things