SlideShare a Scribd company logo
Presented by:
Keegan Murphy
and
Karim Sy Morissette
Table of Contents
1. Entrepreneurial Culture
2. Incubators & Accelerators
3. Successful Incubators (ROI)
4. Entrepreneurship at Bishop’s
5. Recommendations
Data Collection
External
-Articles
-Videos
-Websites
Internal: Interviews
-People of interest at
Bishop’s University
-Open-ended question
-Creating safe platform
to voice thoughts and
opinion
Entrepreneurial Culture
“ the mentality of adding value and thinking creatively”
Entrepreneurship (french~entreprendre)
“The capacity and willingness to
develop, organize and manage a
business venture along with any of
risks in order to make profit. The most
obvious example is the starting of a
new business.”
-Business Dictionary
Entrepreneurial Culture
“An entrepreneurial culture is an
environment where someone is
motivated to innovate, create and
take risks. In a business, an
entrepreneurial culture means that
employees are encouraged to
brainstorm new ideas or products.”
-Mihaylo College of Business and
Economics
at California State University, Fullerton
Incubators
&
Accelerators
Incubators
“An incubator brings in an external management team to
manage an idea that was developed internally.
Those ideas can gestate for much longer periods of time
and the incubator takes a much larger amount of equity ”
- Paul Bricault, Cofounder of Amplify
Types of
Incubators
Advantages of
Incubators
Canadian
Incubators
Top Incubators in
the world (2014)
Ryerson
University
Ryerson
University
Digital Media Zone
Accelerators
“An accelerator takes single-digit chunks of equity in
externally developed ideas in return for small amounts of
capital and mentorship. They’re generally truncated into
a three to four month program at the end of which the
start-ups ‘graduate”
- Paul Bricault, Cofounder of Amplify
Babson CollegeThe benchmark for colleges
What makes Babson College special?
The John E. and Alice L. Butler Venture Accelerator
No investment or
claim of equity
Co-curricular programs:
Hands-on projects for
students
Programs and events
Kauffman Foundation as investors
Babson
College
The benchmark for colleges
Special Programs & Events
Babson College Entrepreneurship Research Conference
B.E.T.A. Challenge: Cash price of $20K
Rocket Pitch: Babson, Olin Engineering and Wellesley College student
entrepreneurs project pitching evening
Summer Venture Programs: 10 week program
Global Entrepreneurship Week
Alumni Entrepreneur Hall-of-Fame
No. 1 in ROI
No.1 College in America according to Money Magazine
Average student salary after 5 year: 60K
90% graduation rate
Babson College
The benchmark for colleges
Matthew R. Coffin
CEO and founder of LowerMyBills.com, sold to Experian for $380
million
Ernst & Young Entrepreneur of the Year award winner in 2007
Southern California Entrepreneur of the Year in 2006
Mir Ibrahim Rahman
Co-founder and CEO of GEO TV Network
Won The Wall Street Journal Award
Success Factors
 Organization Faith & Support
 Practical-Learning: Structure
 Student Initiatives and Rewards
 Access to resources
 Mentorship involvement
Research Question
- State of
culture
• Research question
• Open ended interviews
• Professors
• Students
• Alumni
• Staff
• Subjective views differ
State of Culture
 WSB, BUCS and Dobson Lagassé
 Stems from tight knit community
Strong entrepreneurial spirit
Involvement on campus
 Accessibility of opportunities
Dobson Lagassé Centre
 John Oldan brought entrepreneurship to
WSB early 90s
 Co-founded in 1998
 John Dobson
○ John Dobson Foundation
Louis Lagassé
○ Groupe Lagassé
Dobson Lagassé
 Vision to integrate French and English
cultures for local development
 David Monty comes in 2006
 Based model of Babson University
WSB Curriculum
 SEED Portfolio
 Small interactive classrooms
 Coop program
 > 80 % of classes taught by full time
tenured professors
 50 % of foreign professors
 Emphasis on teamwork
BUCS
 Student run organization
 Mandate to support business students
 2015 Canadian Association of Business
Students Rising star award.
 Students can request contribution form
Bankers Day
Wine & Cheese and Career Cocktails
Investment Club
Case competitions
Return on Investment
 Tools and skills learned are major
investment
 Creative and critical thinking
 Creating networks, activities and
projects
 Developing strong alumni that increases
life span
Enactus
 Founded in 1975
 Formely known as SIFE
 International non for profit organization
fostering entrepreneurial action
 3 pillars
Entrepreneurial—seeing opportunities and
creating value
action—making a sustainable impact
Us—community of students, academic and
business leaders collaborating to create a better
world.
Enactus Canada
 Founded in 2000
 Formely ACE
Global rebranding in 2012
 66 campuses across the country
 1600 people employed
 643,026 people impacted
Canada USA
Teams 59 446
Students 2,344 16,844
Projects 260 178
Hours Volunteered 225,139 458,349
Enactus Worldwide
 36 countries
 1700 universities
 70500 students
 1,950 000 people impacted
 https://www.youtube.com/watch?
v=pOarOq60EBg&spfreload=10
Enactus World Cup
 Signature global event
Competition
Collaboration
Celebration
 2014 Champions
 North China Electric Power University
Enactus Bishops
 Projects featured at regionals
uConversations
Project Malawi
 Limitations
Lack of resources
 Focus on three segments
○ Entrepreneurial
○ Community
○ Social
Uconversations
 Development of app
Integrate events on campus and in
community
Connect alumni with entrepreneurship
students
○ Networking
 In the works for 5 years
 Limited resources
Praxis Malawi
 Developing business model for Malawi
community
 Sustainability
Building stone ovens that can be sold to
other communities
Global Entrepreneurship Week
 Week to raise awareness and give
confidence to young entrepreneurs
 Worldwide event
Large scale competition
Networking events
November 16 – 22, 2015
Projects
 Build a Better Purple
 Bishops Toast Radio
 Dragons Den
 Fashion Show
 Gaiter Squad
Build a Better Purple
Raising funds to create a better community
Rebranded in 2012
2 Phases
○ Phase 1
Targets grads to leave legacy behind
“Give a little purple back”
○ Phase 2
Implementation
Grad week
Bishop’s Toast Radio
 Project stemming from Build a Better Purple
& Kickstarter account
 Successful launch
17 % of school population listening
Gait happy hour almost at capacity
 Nearly 4,000 streams in first week
 Listeners in 16 countries worldwide
Facebook: Bishop’
s Toast Radio
Twitter: @butoastradio
Instagram: @butoastradio
Dragons Den
 Action plan for BMG 320
 4 projects competing
 $500 reward for winner
 Strong networking and development
event
Fashion Show
 5th
show this year
 Major charity and social event
 Lennoxville Youth Centre
$18,000
 One X One
$11,000
Gaiter Squad
 Promotional team for BU athletics
 Stemmed from BMK 355
 Creating an experience and increasing
atmosphere
 Limited reward and looking for
replacement
No continuity
Student Initiatives
 Rylan Schwarze
Ry Guy Magic
 Jay Chen
Applyedu.org
 Peter & Anthony
Symbio
Departments Projects & Events
Chemistry
Arches Brewery
Computer Science
Que Innovation
University
Bootcamp
Top 10 after 10 (H.O.F.)
Quebec Universities English
Undergraduate Conference (QUEUC)
Arts/English/Humanities
Bishop’s University Film Festival
Debates
Dr. Riddell’s BU Channel (YouTube)
TEDxBishopsU
Sports
Final Four
Baggataway Cup
Department Projects
Que Innovation – Dr.
Tammy Salter
Committed to provide
simple functioning
devices
 Well crafted with
genius design
Development of
superior products
serving purpose
- Que ball
Other Information
Employs Bishop’s top
computer science
students
Dobson-Lagasse as a
resource
Support Systems
 Financial
 Programs
 BUCS – Dobson Lagasse Centre
Financial Support
 Scholarships
Entry
Deans & named
 Lead the Way
 Funds
B.E.S.T
Experiential Learning Internship Grant
Fund (ELIGF)
Programs
• Tomlinson
• The Next 36
• Lecture Series
• Donald
• Ted
• Morris House
Limitations of BU State
 University’s Mission is unclear throughout
departments
 Top-down managing structure that is outdated
 Limited (outdated) Curriculum
 Communication between departments & Support
 Access to Resources
 Student Attitude
 Longevity of Initiatives (Stagnating Cycle)
 Success Recognition
Elements to Improve
“All Universities need to embrace
communication and entrepreneurship or
they’ll die.”
- Interviewee
“Their support has been great, but It’s not a
one or two men job.”`
- Interviewee
Solutions
 Marketing Entrepreneurship SEED
equivalent
Marketing Entrepreneurship Series
 Add value to programs, WSB and DLC
 Backed by multiple professors and
students
 Enable conference with lecture series
Solutions
 Communication improvement
 Bishop’s Toast Radio
Hub integrating departments around school
Efficient communications
Better networks
Solutions
 Top down, traditional style
 Needs to be more responsive
 Adhere to student needs
 Enable change to outdate curriculum
 Have to be open to transition
Thank You
 Comments
 Questions

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Bishops university entrepreneurship culture

  • 2. Table of Contents 1. Entrepreneurial Culture 2. Incubators & Accelerators 3. Successful Incubators (ROI) 4. Entrepreneurship at Bishop’s 5. Recommendations
  • 3. Data Collection External -Articles -Videos -Websites Internal: Interviews -People of interest at Bishop’s University -Open-ended question -Creating safe platform to voice thoughts and opinion
  • 4. Entrepreneurial Culture “ the mentality of adding value and thinking creatively” Entrepreneurship (french~entreprendre) “The capacity and willingness to develop, organize and manage a business venture along with any of risks in order to make profit. The most obvious example is the starting of a new business.” -Business Dictionary Entrepreneurial Culture “An entrepreneurial culture is an environment where someone is motivated to innovate, create and take risks. In a business, an entrepreneurial culture means that employees are encouraged to brainstorm new ideas or products.” -Mihaylo College of Business and Economics at California State University, Fullerton
  • 6. Incubators “An incubator brings in an external management team to manage an idea that was developed internally. Those ideas can gestate for much longer periods of time and the incubator takes a much larger amount of equity ” - Paul Bricault, Cofounder of Amplify
  • 12. Accelerators “An accelerator takes single-digit chunks of equity in externally developed ideas in return for small amounts of capital and mentorship. They’re generally truncated into a three to four month program at the end of which the start-ups ‘graduate” - Paul Bricault, Cofounder of Amplify
  • 13. Babson CollegeThe benchmark for colleges What makes Babson College special? The John E. and Alice L. Butler Venture Accelerator No investment or claim of equity Co-curricular programs: Hands-on projects for students Programs and events Kauffman Foundation as investors
  • 14. Babson College The benchmark for colleges Special Programs & Events Babson College Entrepreneurship Research Conference B.E.T.A. Challenge: Cash price of $20K Rocket Pitch: Babson, Olin Engineering and Wellesley College student entrepreneurs project pitching evening Summer Venture Programs: 10 week program Global Entrepreneurship Week Alumni Entrepreneur Hall-of-Fame No. 1 in ROI No.1 College in America according to Money Magazine Average student salary after 5 year: 60K 90% graduation rate
  • 15. Babson College The benchmark for colleges Matthew R. Coffin CEO and founder of LowerMyBills.com, sold to Experian for $380 million Ernst & Young Entrepreneur of the Year award winner in 2007 Southern California Entrepreneur of the Year in 2006 Mir Ibrahim Rahman Co-founder and CEO of GEO TV Network Won The Wall Street Journal Award
  • 16. Success Factors  Organization Faith & Support  Practical-Learning: Structure  Student Initiatives and Rewards  Access to resources  Mentorship involvement
  • 17. Research Question - State of culture • Research question • Open ended interviews • Professors • Students • Alumni • Staff • Subjective views differ
  • 18. State of Culture  WSB, BUCS and Dobson Lagassé  Stems from tight knit community Strong entrepreneurial spirit Involvement on campus  Accessibility of opportunities
  • 19. Dobson Lagassé Centre  John Oldan brought entrepreneurship to WSB early 90s  Co-founded in 1998  John Dobson ○ John Dobson Foundation Louis Lagassé ○ Groupe Lagassé
  • 20. Dobson Lagassé  Vision to integrate French and English cultures for local development  David Monty comes in 2006  Based model of Babson University
  • 21. WSB Curriculum  SEED Portfolio  Small interactive classrooms  Coop program  > 80 % of classes taught by full time tenured professors  50 % of foreign professors  Emphasis on teamwork
  • 22. BUCS  Student run organization  Mandate to support business students  2015 Canadian Association of Business Students Rising star award.  Students can request contribution form Bankers Day Wine & Cheese and Career Cocktails Investment Club Case competitions
  • 23. Return on Investment  Tools and skills learned are major investment  Creative and critical thinking  Creating networks, activities and projects  Developing strong alumni that increases life span
  • 24. Enactus  Founded in 1975  Formely known as SIFE  International non for profit organization fostering entrepreneurial action  3 pillars Entrepreneurial—seeing opportunities and creating value action—making a sustainable impact Us—community of students, academic and business leaders collaborating to create a better world.
  • 25. Enactus Canada  Founded in 2000  Formely ACE Global rebranding in 2012  66 campuses across the country  1600 people employed  643,026 people impacted
  • 26.
  • 27. Canada USA Teams 59 446 Students 2,344 16,844 Projects 260 178 Hours Volunteered 225,139 458,349
  • 28. Enactus Worldwide  36 countries  1700 universities  70500 students  1,950 000 people impacted  https://www.youtube.com/watch? v=pOarOq60EBg&spfreload=10
  • 29. Enactus World Cup  Signature global event Competition Collaboration Celebration  2014 Champions  North China Electric Power University
  • 30.
  • 31. Enactus Bishops  Projects featured at regionals uConversations Project Malawi  Limitations Lack of resources  Focus on three segments ○ Entrepreneurial ○ Community ○ Social
  • 32. Uconversations  Development of app Integrate events on campus and in community Connect alumni with entrepreneurship students ○ Networking  In the works for 5 years  Limited resources
  • 33. Praxis Malawi  Developing business model for Malawi community  Sustainability Building stone ovens that can be sold to other communities
  • 34. Global Entrepreneurship Week  Week to raise awareness and give confidence to young entrepreneurs  Worldwide event Large scale competition Networking events November 16 – 22, 2015
  • 35. Projects  Build a Better Purple  Bishops Toast Radio  Dragons Den  Fashion Show  Gaiter Squad
  • 36. Build a Better Purple Raising funds to create a better community Rebranded in 2012 2 Phases ○ Phase 1 Targets grads to leave legacy behind “Give a little purple back” ○ Phase 2 Implementation Grad week
  • 37. Bishop’s Toast Radio  Project stemming from Build a Better Purple & Kickstarter account  Successful launch 17 % of school population listening Gait happy hour almost at capacity  Nearly 4,000 streams in first week  Listeners in 16 countries worldwide Facebook: Bishop’ s Toast Radio Twitter: @butoastradio Instagram: @butoastradio
  • 38. Dragons Den  Action plan for BMG 320  4 projects competing  $500 reward for winner  Strong networking and development event
  • 39. Fashion Show  5th show this year  Major charity and social event  Lennoxville Youth Centre $18,000  One X One $11,000
  • 40. Gaiter Squad  Promotional team for BU athletics  Stemmed from BMK 355  Creating an experience and increasing atmosphere  Limited reward and looking for replacement No continuity
  • 41. Student Initiatives  Rylan Schwarze Ry Guy Magic  Jay Chen Applyedu.org  Peter & Anthony Symbio
  • 42. Departments Projects & Events Chemistry Arches Brewery Computer Science Que Innovation University Bootcamp Top 10 after 10 (H.O.F.) Quebec Universities English Undergraduate Conference (QUEUC) Arts/English/Humanities Bishop’s University Film Festival Debates Dr. Riddell’s BU Channel (YouTube) TEDxBishopsU Sports Final Four Baggataway Cup
  • 43. Department Projects Que Innovation – Dr. Tammy Salter Committed to provide simple functioning devices  Well crafted with genius design Development of superior products serving purpose - Que ball Other Information Employs Bishop’s top computer science students Dobson-Lagasse as a resource
  • 44. Support Systems  Financial  Programs  BUCS – Dobson Lagasse Centre
  • 45. Financial Support  Scholarships Entry Deans & named  Lead the Way  Funds B.E.S.T Experiential Learning Internship Grant Fund (ELIGF)
  • 46. Programs • Tomlinson • The Next 36 • Lecture Series • Donald • Ted • Morris House
  • 47. Limitations of BU State  University’s Mission is unclear throughout departments  Top-down managing structure that is outdated  Limited (outdated) Curriculum  Communication between departments & Support  Access to Resources  Student Attitude  Longevity of Initiatives (Stagnating Cycle)  Success Recognition
  • 48. Elements to Improve “All Universities need to embrace communication and entrepreneurship or they’ll die.” - Interviewee “Their support has been great, but It’s not a one or two men job.”` - Interviewee
  • 49. Solutions  Marketing Entrepreneurship SEED equivalent Marketing Entrepreneurship Series  Add value to programs, WSB and DLC  Backed by multiple professors and students  Enable conference with lecture series
  • 50. Solutions  Communication improvement  Bishop’s Toast Radio Hub integrating departments around school Efficient communications Better networks
  • 51. Solutions  Top down, traditional style  Needs to be more responsive  Adhere to student needs  Enable change to outdate curriculum  Have to be open to transition