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University of Pittsburgh Innovation Institute
2016 Innovation Showcase Brochure
Guide to Innovations
2016 Innovation Showcase Participants
1. Aeronics
Aeronics is a portable, lightweight, and low-pressureure
oxygen delivery system. It uses porous materials tos to
store a one-hour supply of medical-grade oxygen in anygy
2. Emotion Prosthetics – Purrr
3. AccelMotion
4. Aquapore
5. Layer Up
6. Esophocclude
Esophocclude provides temporary blocking of thees te g of t eovi
esophagus with a self-expanding device prior toself e prh a
intubation of the lungs. The patient swallows a pill-sizedlue zsizedwasw eddlllhhe
ntains the device. The device can remainn reThe ne
e esophagus until the breathing tubeng tntil tubeube
ed or for the duration of surgerysurge d ryy ifif
ration protection is desired.sireote d.
am: P. Carullo, MD; Y. Chun, PhD;hDD; YP. C ; Y. C
7. PerQ
catheter system for patients who areaparter
en heart surgery. The technologyThehea
nary arteries and promotes quickd pary
s minimal vessel damage, and prolongsses gdam
que design enables users to deployen bles uses u
ckly and accurately compared withcc cely coc
ologies.
am: P. Shridhar, MD; Y. Chun, PhDP. S Y
8. NLP Platform
y is a usable tool that combines novely mb
ons to help users make sense of Naturals
cessing (NLP) results, revise models, andm
anges between revisions. In addition,ad
to make any necessary corrections totio
ults, thus forming a feedback loop andop
e the accuracy of the models.
am: H. Hochheiser, PhD;
Grey
9. TripleNote
n easy-to-use instructional tool for data
gned for students, faculty, and dataned
his technology eases the hassle ofchno
from multiple sources and eliminatesfrom multipletiple
by centralizing all types of data into onell types of dataall ty
culty and supervisors can easily defineulty an definers ca
ovide students with the proper traininguden prop
into the field, and collaborate in a singleand e in a
s and data collection staff receiveon s
uidance, and the ability to sync data toto s
nce the work is completed.
am: M.M. Kerr, EdD;
, PhD; A. Hojnicki
10. 3D Laser
s technology is to completely re-define
photonics systems are built. Laser and
ems are widely used in medical, military,
and manufacturing sectors. They are
echnology for a large number of highly
ucts. This technology will transform the
of the advanced laser system by using
tive manufacturing (AM) process or
am: K. Chen, PhD; S. Li, PhD
easy-to-carry aluminum soda can.
Innovation Team: C. Wilmer, PhD; Blake Dubeake
sheath that cononco
deployed in then tin
balloon is inflateisis
additional aspironion
Innovation TeaovoInnoInn
Chen, PhDChY. C
77.. PerQ
PerQ is a transtrt sransQ is a t
too sick for opesick foick fo
bypasses coronasbypaasses
recovery, inflictsctsco
life. PerQ’s uniqunfe
the device quice qt
existing technote
Innovation Teava
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This technologygyT
text-visualizatiotio
Language ProcPr
understand chad
t allows users tu
computed resute
helping improveg
nnovation Teaov
G. Trivedi; C. GTr
. TTTririp. leNoteriple
ipleNote is anis an
ollection desig
pervisors. Thpervisor
mpiling datampiling t
usable datadata
plication. Fac
tructions, pr
they go out
ce. Students
ructions, gu
platform on
ovation Tea
Chiappetta,
333DD Laser
goal of this
laser and p
onics syste
e, mining,
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able produ
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nting.
ation Tea
Idea to Impact!
2016
INNOVATION SHOWCASE
@PittInnovates
University of Pittsburgh School of Dental Medicine
16th Annual Research Symposium
U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E2
In 2014 w2014 wh014 wh14 wh2014 when then then Dien then Din then Dien then Director ofrector of the Nationthe National InstituInsststiI te ofof Stanf Standards adards andndd Technologyologyologyologyl
(NIST), Pa(NIST), Pa(NIST), Pa(NIST)T) trick Gatrick Galltrick GallGG agher, wasgher, wasagg selectedselected to be thee ththeto be t nexxt Chancxt Chancellor ofor of tttellor of the Univershe Universe Univershe Universitity ofity of
PitPittsburghPPittsburgh, he state, he statestatastated that “thd that “ththat “tht e secret se secret sauce at Nauce at NIauce at NNN ST wwawas that to be efto be efe efeffective wefective wfective wfective w had
to partner.” Over hiOver hiOvever his first yeas fis first year and a haand a half aslf as Chanlf as CCh cellor, Gaellor, Gaellor, Gallagher hallaghagllagh s taken hien hin s
experience in innovan innovann innov tion and forging pubblic-privatlic-privatriprivativa e parte parte partnerse hips at NINIST to promto prST to pr moteote
a new culture of innee of inne of innovation and collaborration at Pationation aton at itt.
In 2015, t2015, t015, t15, thhe Univershe Univehe U ity of Pittsburgh ath atattracted $7tracted $7tracted $ 13M in13MMMM
sponsoredsposponsospons research,h had 66 pat6 patpatents issuents issueents is d, and formed 11ed 1ee
new startup companieanies based ons based onbased the research takingh taking placepp
at Pitt. Tat Pitt. The Innovathe Innovatovation Instition Insion I ute, Center for Medir for Me cal Innovaov tion,,
Coulter TrCoulter Trer Translationaanslanslational Researchch Program,Progr the Clinical andand
TranslatioTranslatTranslat nal Sciencn e Institutstitu e, and theand McGowanGowan Institute fute foror
Regenerative Medicinde Med e are juste a a few offew of the Univerthe Universitysity-based
OngoingOngoing rese
vision ofon of innoinnov
formed. Maformed. Manyny
bringinbringing their
find a solution
with endodon
feedback in va
saliva sama ples
biomarkers of
Health Transla
outcomes and
While all of th
approaches, t
and partnersh
The final step
and technolog
out an infrastru
developed inn
SDM RESEARCH SYMPOSIUM
“The mission is to leverage the school’s
research and translational vigor to
catalyze, nurture, and expedite the
advancement of the most promising
technologies in craniofacial tissue
engineering“
1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 3
As a testament to the strong research environment and history of translational research at
the School of Dental Medicine and Pitt, the National Institutes of Health (NIH) supports
the development of a Dental, Oral and Craniofacial Tissue Regeneration Consortium
Resource Center (DOCTRC). The mission of the DOCTRC is to leverage the school’s
and University’s research and translational vigor to catalyze, nurture, and expedite the
advancement of the most promising technologies in craniofacial tissue engineering and
regenerative medicine to safely and effectively regenerate, reconstruct, and restore
dental, oral, and craniofacial tissue and function. The DOCTRC has the potential to
provide to the school millions of dollars in funding for the evaluation and testing of
new technologies on every step of the development path of clinical research from theew ec o og es o eve y s ep o e deve op e pa o c ca esea c o e
benchtop to the dental chairbenchtop to the dental chair.
The abstracts presented during the School of Dental Medicine 16th Annual Research
Symposium are evidence of the innovation and collaboration being realized each day
T YY OOO
g j y
translatiotranslational sciencnal science assets te assets that are avhat are availablailable to help researchers
bbridge the gap bbetwebetween the benen the benchchwork they do and the impact
earch aearch aarch a
vationion
y basicy basic
frontlin
n. Rese
tists, o
alidatio
s for th
comp
ational
d delive
hese re
they ar
ips wit
in this
gies in
ucture
novatio
y p g y
at the school. During the next year, new efforts will be undertaken to form additional
public-priublic-private partnvate partnerships therships that accelerate the pathe path of newth of new innovationinnovations into clis into cl nical
U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E6
RESEARCH AND THE FUTURE OF DENTAL MEDICINE
BEGINS
HERE
The School of Dentaof Dental Medicine has behas been one of thef nation’son’s
leading research inssearch institutionstitutions for most oost of its long history.istory.
Throughouthout the pastthe pa decade, thdecade, the schooe school has been abeen a top-top-
tier-ranked Nationad National InstituteInstitutes of Hs of Health (NIH)/Na(NIH)/Nationaltional
Institute of Dentalental and Cranioand facial Resacial earch (NIDearch (NIDCR)C
institutiou n. Fundingng frofrom these organizarganizations andtions and others,
such as thh as e Departmement of Dent of Defense and pnse and private corpporations,ons
has supported many types of ref research atearch at the school.
Such succeh ssful research efforrts also cats also c n bbe traced to theo th
cooperative approachapp taken together by rether by reesearch and
clinical faculty.lty.
Presented, here, isere, is influeinfluential new and ongoingoing research
taking place in then renowned Cenow enter fornter for CraniofaciCra al
Regeneration (CCR) a(CCR) and the Cend the Centerter for Craniiofacial andnd
Dental Genetics (CCDcs (CCDG) and whaG) and what it mt it means toto cliniciansns
and patients, and foa r the fututhe re of dentental medicinal medi e.
Salk Hall celebrated a building milestone in the opening
of the Salk Research Pavilion. The Pavilion officially
opened during a formal ribbon-cutting ceremony on
September 15, 2015.
Dedicated entirely to research pursuits, the building provides
roughly 81,000 square feet of additional space. Every floor
has designated space for 125-square-foot offices, restrooms,
a kitchen area large enough for 16 people to eat together,
and high-tech conference centers—the largest seats
40–where researchers and clinicians, students and staff,
can discuss the newest collaborative research efforts
at the school. The laboratories have individual cold rooms
and each floor shares space for sterilization and glass
washing as well as a glass manifold. The building is wired
with emergency power circuits to protect the freezers that
secure various study cultures and growth mediums.
Corner conference rooms feature spectacular floor-to-
ceiling windows that overlook Oakland with a view of
the Monongahela River, a view that is certain to jostle the
creative part of the scientific process.
Its exterior is a mix of dark and light gray stone imported
from Germany with a modern interior. The most striking
element upon entering the building is the glorious atrium
featuring a massive painting by Pitt Professor Emeritus Virgil
Cantini. The building has Silver LEED certification, which
includes native beneficial plantings outside.
Salk Research Pavilion
1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 7
The Center for Craniofacial Regeneration
is Pivotal to Today’s Growing Research
The Center for Craniofacial Regeneration (CCR) is a University
of Pittsburgh designated Center of Excellence directed by
Charles Sfeir, DDS, PhD, who also is the Associate Dean of
Research, and chair of the Department of Periodontics and
Preventive Medicine at the School of Dental Medicine. Both
a clinician and researcher, Dr. Sfeir seeks new treatments for
patients by undertaking some of the region’s most cutting-
edge research.
Research studies in the CCR range from the molecular and
cellular to the whole-organism level. Studies include fundamental
biological phenomena related to the development, structure,
and function of the craniofacial region and the development
of new therapies, biomaterials, and diagnostic tools for the
treatment of craniofacial diseases and disorders.
The focus of the CCR is in five areas:
• the development of bio-inspired materials for mineralized
tissue engineering as well as understanding extracellular
matrix proteins involved in mineralized tissue biology;
• the development of fixation devices using resorbable metals;
• the development of novel periodontal therapies using
modulation of the immune system strategies;
• the development of tissue engineering strategies for pulp tissue
regeneration; and
• translational research that involves pre-clinical animal models.
These goals guide various research strategies carried out by
faculty and staff members, and doctoral and dental students
representing different backgrounds. Much of the research
undertaken in the Center is of an intraprofessional nature
and involves other departments at the school. For instance,
researchers in the CCR work together with clinical faculty
members from the Department of Oral and Maxillofacial
Surgery to seek surgical treatments for regenerating bone
and other tissues, with the Department of Endodontics on
pulp regeneration, and with the Department of Periodontics
to develop treatments for patients with periodontal disease.
The CCR also reaches beyond the field of dentistry and works
interprofessionally with many schools, departments, and areas
of study at the University, such as the Schools of Pharmacy and
Engineering. The CCR participates in interdisciplinary research
efforts that are developing advances in engineering various
tissue types for the treatment of functional and cosmetic
wounds and defects of the face and skull. Many clinical and
research faculty members at the school also are members
of the University of Pittsburgh’s McGowan Institute for
Regenerative Medicine, one of the premiere research
centers in the nation bringing together varied disciplines
from throughout the University.
CCR research receives funding from the NIH, the National
Science Foundation, and the United States Department
of Defense.
Dr. Juan Taboas research interests include Hydrogels.
eratitiooonn
archhh
The CCR a
nterprofess
of study at
Engineerin
efforts that
issue type
wounds a
esearch
of the Un
Regenera
centers i
rom thro
CCR res
Science
of Defe
RESEARCH SYMPOSIUM
TH ANNUAL | MAY 18, 2016
U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N TA L M E D I C I N E
16
University of Pittsburgh Institute for Entrepreneurial Excellence
Membership Brochure
M E M B E R S H I P
J o i n o u r
g ro w i n g c o m m u n i t y
o f re g i o n a l
b u s i n e s s l e a d e r s .
III P
mm uuu nn i t y
dd ee rr s .
An IEE membership provides opportunities for
personal and professional growth through
education, networking, individualized consulting,
and custom-matched peer forums. Membership
levels vary to meet the specific needs of
established entrepreneurs, families in business,
and strategic level executives.
Our flexible tiered membership enables you to
choose the level that best suits your needs.
To learn more about IEE membership, call
412.648.1544 or email innovation@pitt.edu
P L A T I N U M
Company Level Membership (6 Members) $3400 annually
EDUCATIONAL PROGRAMS
• Education program series
• Summer Lunch & Learn series
• Specialty programs included
HUNTINGTON BANK PEER FORUMS
Custom placement for up to 3 members
CONSULTING*
• 20 hours of director consulting
• Additional hours at discounted rate
• 2-hour mentoring session with Innovation Institute
Expert-in-Residence
• 1-hour consulting session with sponsor
NETWORKING
• 2 signature socials
• Additional networking opportunities, plus events
throughout the year
• Exclusive invitations to speaker dinners and receptions
• Lunch with Innovation Institute Director, IEE Director, or
Program Area Director
* SBDC consulting services available to companies with under 500 employees at no cost.
G O L D
Company Level Membership (4 Members) $2400 annually
EDUCATIONAL PROGRAMS
• Education program series
• Summer Lunch & Learn series
• Specialty programs with discounted registration
HUNTINGTON BANK PEER FORUMS
Custom placement for up to 2 members
CONSULTING*
• 10 hours of director consulting
• Additional hours at discounted rate
• 1-hour mentoring session with Innovation Institute
Expert-in-Residence
• 1-hour consulting session with sponsor
NETWORKING
• 2 signature socials
• Additional networking opportunities, plus events
throughout the year
• Lunch with IEE Director or Program Director
EDUCATIONAL PROGRAMS
The IEE hosts monthly thought-provoking educational programs
delivered by renowned speakers on topics relevant to family-owned
and closely held businesses.
HUNTINGTON BANK PEER FORUMS
Professionally facilitated peer forums are held throughout the year
for entrepreneurs to exchange insights and experiences with each
other in a confidential environment. Each forum is composed of a
small group of carefully matched members who regularly meet to
explore the professional, family and personal aspects of operating
a business.
NETWORKING
Built on making connections, the IEE recognizes the importance of
networking. We provide opportunities for our members to become
better connected in the entrepreneurial community through monthly
educational seminars, annual socials, and relationship building events
throughout the year.
S I L V E R
Individual Level Membership (1 Member) $1100 annually
EDUCATIONAL PROGRAMS
• Education program series
• Summer Lunch & Learn series
• Specialty programs with discounted registration
HUNTINGTON BANK PEER FORUMS
Custom placement for $400 annual fee
CONSULTING*
• 1 hour of director consulting
• Additional hours at discounted rate
• 1-hour consulting session with sponsor
NETWORKING
• 2 signature socials
• Additional networking opportunities, plus events
throughout the year
CUSTOM CONSULTING
A team of consultants are available to assist members throughout
every step of their business. Consultants specialize in:
• Financial Strategy & Loan Assistance
• Supply Chain Strategy
• Information Technology
• Marketing & Social Media
• Environmental Compliance and Assessment
• Product Development & Commercialization
• Family Business Consulting & Succession Planning
ADDITIONAL MEMBER BENEFITS
• Internship/Employee Placement Assistance through the
University of Pittsburgh
• Member Newsletter
• Access to IEE Member Directory
• Discounted Tuition for Entrepreneurial Fellows Class
• Access to Private LinkedIn Community
• Custom Website Assessment
• Secret Shopping
University of Pittsburgh Institute for Entrepreneurial Excellence
Annual Report
4
At the IEE, we support and help businesses build value through lifelong
learning. Our educational programs and workshops bring unique insights
from thought-provoking speakers to apply directly to businesses.
L I F E L O N G L E A R N I N G
Peer forums are held throughout the year for entrepreneurs to exchange insights
and experiences in confidence. Each forum is composed of a small group of
strategically matched members who regularly meet to explore the professional,
family, and personal aspects of owning and operating a business.
MEMBERS FROM 83 COMPANIES PARTICIPATED IN PEER FORUMS
“IEE peer forum
groups provide
a platform to
discuss important
business issues.
Business owners
relate to these
issues, and offer
insightful ideas
and solutions.”
CATHY ROGERS
President of
Aero Tech Designs, Cyclewear
5
Our competitive, year-long certificate program is open to CEOs, founders,
and business leaders looking to enhance their knowledge and expertise in
managing and growing their business. The Entrepreneurial Fellows Program,
now in its 16th year, has an alumni of nearly 500 companies.38
GRADUATES OF THE ENTREPRENEURIAL FELLOWS PROGRAM
Topics included start-up workshops; financial management
and alternative funding options; human resource management;
leadership development; technology and innovation; digital
marketing; and navigating family businesses.2,240
ATTENDEES ACROSS 108 IEE PROGRAMS
IEE assisted in the purchasing/opening of 59 businesses
IEE helped 45 clients secure funding totaling $16,646,092
2 0 1 5 N E W I N I T I A T I V E S
Federal Funds 23%
State Funds 11%
Foundation Grants 15%
Consulting + Educational Programs 3%
Sponsors 9%
Tuition 23%
Donations 3%
University Support 13%
2 0 1 5 H I G H L I G H T S
$ 1 , 9 6 3 , 4 0 9
f u n d i n g t o t a l
Spanish Initiative
The IEE’s Small Business
Development Center has extended
its no-cost, confidential consulting
services to native Spanish speakers
who are interested in starting or
growing a business. Management
Consultant Victoria Lopez has
presented “Como Abrir Tu Negocio,”
a variation of our start-up business
workshops. These one-on-one
consulting services and workshops
are offered throughout the year.
EMAP
The Environmental Management
Assistance Program fostered
under the SBDC assists companies
with environmental issues and
regulatory affairs. Environmental
Consultant Lee Ann Briggs brings
over 28 years of environmental
regulatory-compliance experience
in both consulting and industrial
capacities.
Supply Chain Consulting
The IEE has recognized and
addressed the growing need
for professional supply chain
management expertise and
knowledge. The IEE works to
foster connections, assist in
development and expansion,
and provide perspective to
business owners seeking support
in their supply chain strategy.
2 TWO
Members 69% family business & 31% closely held
Clients 645 small companies looking to start or grow their business
27PantherlabWorks clients working to bring a product
to marketplace or commercialize new technology
Jobs 713 total jobs impacted
489 jobs saved
204 jobs created
O U R C O M M U N I T I E S
A S N A P S H O T O F
T H E 9 0 0 B U S I N E S S E S
S E R V E D I N 2 0 1 5
Big Poppa’s Food Truck
Bike the Burgh Tours
Bridgeway Capital
Butler Gas Products Company
CrawfordEllenbogen LLC
Cuchina Safe, LLC
Dance Locker LLC
E Properties and Development
Eat’n Park Hospitality Group, Inc.
First Insight, Inc.
Kurt J. Lesker Company
Mancini’s Bakery
Robert Wholey & Company Inc.
Sabika, Inc.
Sarris Candies
Shadyside Inn & Suites
Spand-Ice
The Motherhood Inc.
Turner Dairy Farms, Inc.
Vestis
INDUSTRIAL EQUIPMENT
MANUFACTURING
ENGINEERING
CONSTRUCTION
PROFESSIONAL SERVICES
INNOVATION & TECHNOLOGY
APPAREL & RETAIL
ARCHITECTURE & DESIGN
TRANSPORTATION & LOGISTICS
HEALTHCARE & MEDICAL SERVICES
FOOD SERVICE & HOSPITALITY
REAL ESTATE
PRINTING & PACKAGING
MARKETING & DESIGN
SPORTS
HUMAN RESOURCES
ENERGY
L AW R E N C E
B U T L E R
A R M S T R O N G
I N D I A N A
B E AV E R
A L L E G H E N Y
W E S T M O R E L A N D
WA S H I N G T O N
FAY E T T E
G R E E N E
I E E E X T E N S I V E C O V E R A G E
TWO 3
eee ssuupp
eeedduuca
-p-pprroovvo
RR N I N
a platfoa platfoa platfoatform trm torm torm tom to
discuss important
business issues.
Business owners
relate to these
impac
2 0 1 5 A N N U A L H I G H L I G H T S
A PART OF THE UNIVERSITY OF PITTSBURGH INNOVATION INSTITUTE
University of Pittsburgh Institute for Entrepreneurial Excellence
Summer Social Postcard
Join
Us
for our annual
Phipps Conservatory
Tropical Forest and Special Event Hall
Monday, June 13, 2016
5:30 to 9:30 pm
Spouses and significant others welcome.
Valet parking provided.
Summer Social
Please join us for our annual
Phipps Conservatory
Tropical Forest and Special Event Hall
Monday, June 13, 2016
5:30 to 9:30 pm
To register, visit ieesummersocial.eventbrite.com
Spouses and significant others welcome.
Valet parking provided.
Summer Social
tee.cccomm
iiaaaaaaaaaall
Join
Us
University of Pittsburgh Institute for Entrepreneurial Excellence
Entrepreneurial Fellows Brochure
PROGRAM COMPONENTS
Custom Curriculum
Our curriculum provides the necessary tools for fellows to continue to grow their
businesses despite the economic and competitive challenges they face every day.
Content is designed to help entrepreneurs become more productive, high-impact
leaders. Fellows obtain the latest subject knowledge, practice solution creation and
work on individual implementation plans. Faculty is carefully chosen for each class
based on a proven track record of teaching entrepreneurs and business leaders.
Confidential Mentors
Mentoring is a powerful tool for personal and professional development. EFC offers
a custom mentor match at the beginning of the year to complement the classroom
experience and help guide fellows through broader day-to-day challenges.
Peer Learning
In each class, fellows participate in peer learning activities that promote the
interaction between fellows, mentors and program faculty to share ideas and help
solve real day-to-day business problems. The result is a network in every sense of
the word.
Graduation
A certificate of academic achievement is awarded by the University of Pittsburgh
to all fellows completing the program during a formal graduation ceremony.
20years serving
regional business leaders
over
2017 CLASS SCHEDULE
January
Building a Strategic Foundation is the
Key to Success
February
Moving from Strategic Planning to
Implementation
March
Financial Metrics and Dashboards
that Work
April
Leadership Competency:
Practices and Styles
May
Building and Growing Your Dream Team
June
Marketing and Beyond:
Setting Your Strategy Apart from
the Rest
September
Legal Business Overview:
What You Must Know To Keep Your
Business Running Smoothly
October
Developing the Ultimate Sales Machine
November
The Six Powers of Purpose—
Breaking Through the Entrepreneurial
Ceiling
December
Ready for Prime Time:
Connecting the Strategic Components
for Success
All classes are held at The Rivers Club, One Oxford Centre, Downtown Pittsburgh. Parking is readily available.
MEET THE FELLOWS
EFC has been a core component of the Institute for Entrepreneurial Excellence
since 1999. Alumni of more than 500 represent a cross section of regional
businesses including:
ABARTA
AccuTrex Products
Beinhauer Family Services
Berner International Group
Butler Gas Products
Celtic Healthcare, Inc.
De La Torre Orthotics & Prosthetics
Eyetique
Gateway Engineers
Guttman Energy, Inc.
Hunter Truck Sales
Jeanette Specialty Glass
Jendoco Construction
Koppers, Inc.
Kurt J. Lesker Company
LaCarte Enterprises
Lenzner Coach Lines/Coach USA
Mancini’s Bakery
Massaro Corporation
McGinnis Sisters Special Food Stores
Mr. John – The Holden Corporation
Molyneaux Tile Carpet Wood
National Church Solutions
Observer Publishing Company
Philip Pelusi
Pittsburgh Transportation Group
Rice Enterprises LLC
Sabika, Inc.
Snavely Forest Products
Turner Dairy Farms, Inc.
Two Men and a Truck
Universal Electric
15% 12% 18% 13% 18% 24%
Construction Healthcare IT Manufacturing Professional Services Retail
JOIN EFC TODAY
Become part of a growing community of fellows representing a collection of
leading industries in the region. Over the course of the year, you will gain the
tools and relationships to better achieve business success. Fellows remain
active in a network of professional support that will last a lifetime.
ABOUT THE IEE
The Institute for Entrepreneurial Excellence (IEE), part of the University of
Pittsburgh’s Innovation Institute, has served businesses throughout Western
Pennsylvania for over 20 years. Offering a dynamic mix of consulting, education
and networking opportunities through five main centers, the IEE strives to be
an innovative leader in economic development in the region.
500EFC Alumni since 1999
A part of the Innovation Institute
from
ENTREPRENEURIAL FELLOWS CLASS
A part of the Innovation Institute
University of Pittsburgh Institute for Entrepreneurial Excellence
Consulting Flyer
GENERAL CONSULTING
team provides expert advice through
t consulting services in a number of
opment
rategy
s & Licenses
anagement
SUPPLY CHAIN
sional supply chain management
a level appropriate for small
d growth. Services include:
gy
e Review
ment
itiatives
Management
nt
ofitability
Alignment
ENVIRONMENTAL MANAGEMENT ASSISTANCE
PROGRAM (EMAP)
DC, EMAP provides small business-
d assistance they need to effectively
ental concerns and reduce regulatory
ental compliance services include:
s
ns
Preparation & Submittal of Requests
quirements
Keeping & Reporting Systems
aterials & Processes to Reduce
& Plans
C O N S U L T I N G A T T H E I E E
The IEE offers a wide range of consulting services to address the complex
opportunities and challenges that entrepreneurs face.
FAMILY BUSINESS CONSULTING
The IEE can provide assistance to families as they work
together now and in future generations by offering the
following services:
• Succession Planning
• Ownership & Leadership Transition
• Working with Siblings & Cousins
• Boards of Directors
• Developing Next Generation Leaders
INFORMATION TECHNOLOGY (IT)
The IEE’s Information Technology consultants help
companies evolve current technology platforms and
strategically incorporate new ones. IEE IT services will help
analyze and enhance current IT strategies and investments
to create operational efficiencies and integration. Areas of
IT consulting include:
• Streamlining Information Systems
• Website Assessment
• Analyze Social Media Usage & E-Marketing Expenditures
• System Integration
• Software/Hardware Selection
• IT Related HR/Personnel Issues
PRODUCT DEVELOPMENT + COMMERCIALIZATION
Consultants provide the strategic knowledge and guidance
needed to bridge the gap from idea to commercialization.
Following an initial application and evaluation, clients begin
an intensive consulting engagement that leads to a plan and
timeline to bring a new product, service or technology to
market. The development and consulting process includes:
• Production & Experience Overview
• Market Analysis
• Intellectual Property Strategies
• Grant Writing
• Business Model Development
• Funding Opportunities
• Prototype to Product Development
Interested in receiving consulting?
Contact Ray Vargo at 412.648.1542 or
email iee@innovation.pitt.edu
3520 Forbes Avenue Pittsburgh, PA 15261
entrepreneur.pitt.edu
ULLTTI
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The Institute for Entrepreneurial Excellence (IEE),
part of the University of Pittsburgh Innovation
Institute, has served businesses throughout Western
Pennsylvania for over 20 years. The IEE educates
and serves entrepreneurs through personalized
support at every step of the business lifecycle. We
achieve our mission to be an innovative leader of
economic development through five main centers:
SMALL BUSINESS DEVELOPMENT CENTER (SBDC) provides
educational seminars and confidential, no-cost consulting to
existing businesses and prospective entrepreneurs. The SBDC
provides guidance in all aspects of starting and operating a
successful business.
MEMBERSHIP provides opportunities for personal and professional
growth through education, networking, customized consulting and
custom-matched Huntington Bank peer forums. Membership levels
vary in order to meet the specific needs of established entrepreneurs,
families in business and strategic level executives.
PANTHERLABWORKS is dedicated to helping entrepreneurs
turn original ideas into profitable action. Through the development
and launch of new products, PantherlabWorks assists in market
research, financial planning and securing funding. PantherlabWorks
also helps existing companies identify innovative opportunities such
as product and process improvement.
ENTREPRENEURIAL FELLOWS CLASS (EFC) offers a
competitive, yearlong certificate program open to CEOs, founders
and business leaders looking to enhance their knowledge and
expertise in managing and growing their business. Participants
benefit from custom-designed programs and materials, individually
matched mentoring and opportunities for peer learning and
sharing—all while building leadership skills for sustained success.
URBAN & COMMUNITY ENTREPRENEURSHIP PROGRAM
(UCEP) specializes in helping urban and community-based
businesses grow through educational workshops, consulting
services and collaborative partnerships. Additionally, UCEP
offers a six-month Community Power to Prosper certificate
program designed to help established business owners grow
their companies.
IEE
About the
Institute for Entrepreneurial Excellence
University of Pittsburgh Innovation Institute
2016 Impact Brochure
314
* (cumulative since 1997)
Total third-partytal th party
investment inment
PITT startupsps*
$965,000,000
12Startups formed
(student-run)
13Startups formed
(Pitt-licensed)
25 Total number of
startups formedd
$7.3 Million
Revenue
FISCAL YEAR 2016
6Number ofmmbe
UPMC alliancenP allia
agreementstsa
128 248 Number of other
agreements
Startups since inception
80nts issued
121
Innovation Commercialization
$1,297,703
Total support from foundations,
sponsors, grants & donors
913Jobs created
or retained
199 Members of IEEEs EMeM
50 People in EIF programeo mroe propple iP
160 Community Power to Prosper participantso erPouC toy Pityity P
52 Interns placed in IEE companiesrn nedpIn EEacpla n IEE
Regional Economic Development | Institute for Entrepreneurial Excellence
73New
companiesn
formed or
purchaseda
9,582Hours of business
consulting
919Businesses serveds
$12,135,718
Amount of financing
and equity secured
$28,499,789
Sales increaseseses serenc
2,691
who have participated
in IEE programs
33% Percentage of student companies who
enter local accelerators or receive funding
$3,652,712
Total amount ofTotal amT f
pre-commercialization gapp ion
funding deployedun
PITT inventorsn
servedd
950
PITT innovators
served
1,941
Student Entrepreneurship
37 Students in the
Living Learning
Community
Student teams
in Blast
Furnace
40
Students participating in
programs & competitions
1,041
75 in Randall
Family Big Idea
Competition
IMPACT
The University of Pittsburgh Innovation Institute made significant
progress toward its mission of fostering the University’s culture of
innovation and entrepreneurship during Fiscal 2016.
This progress is reflected in our Fiscal 2016 results, with Pittrefle
Innovators setting records for the number of invention disclosuresofr
submitted, patents issued, and number of startup companies formedf sts me
around Pitt discoveries. We also had more than 1,000 faculty, studentsreov sntstu s
and staff participate in our entrepreneurship educational programming.rsip ngminra .
The Institute’s programming and partnerships expanded in kind tonep od tn k
meet the growing demand for entrepreneurship education, funding fororprw dinundon
commercialization activities and professional mentoring.ofiz g.
New partnerships formed during the year with the Keiretsu Forummte FetsKe
Mid-Atlantic angel investment network and Osage University Partners,Pane artnent rsinive sity PartneOsa
which provides venture capital funding to promising university-basedityal ty-bro veg uspromising univsing univpromisprom
startups, are providing new opportunities for Pitt Innovators to moveorsop orss, ovaInP s to movenities f ovefor PitPportunortu
their discoveries from the lab to the marketplace.abs ce.tplo the mthe
The Innovation Institute responded to the entrepreneurial passion ofeues prenn rentrhe urial
Pitt students with the debut of the Blast Furnace student startupstueb nacest ceFurast e stu
accelerator. Of the nearly 40 student teams that participated in thepar ms tce haamt t s tha
initial three cohorts, 10 went on to be accepted into highly competitiveed10 acti ptao be acc
regional accelerators, including AlphaLab and AlphaLab Gear. Fiscalndrs phaeg b ahaAlAlpha
2016 also witnessed the launch of the Innovation and Entrepreneurshipnovse h o2 Innofch
Living Learning Community, a residence program for freshmen studentse pCo y, aL nceres, a
interested in pursuing entrepreneurial endeavors during their Pitt years.eurs ntre alrenre
Through our Institute for Entrepreneurial Excellence, we also hadneuIn ute enEntor
significant impact on regional economic development. Through theconm act ecogion r
IEE’s networking and consulting programs and services, we servedngoorkin tincoand
over 900 businesses, helping to form or purchase more than 70ngb0 bu nges,ss
businesses, leveraging more than $12 million of financing and equityoresseness morrageve
investment, and generating nearly $30 million in sales increases foratinmnves atind gan
participating companies.iesci iecong
The Innovation Institute begins operating on a new strategic plan in Fiscalstite titvatno
2017 that sets ambitious goals for engaging more Pitt Innovators andam0 mhat7 t
more partners in the University’s innovation ecosystem. In addition tos inm inpaore
operating out of newly renovated offices, we have launched an improvedutt oeraop
website and continue to expand our roster of entrepreneurs-in-residence,nddwebw
who work closely with our faculty to guide them along the path oforkk cw
innovation commercialization. And with the $1 million in Chancelloratio
Innovation Commercialization Funds established last fiscal year beingovvat
deployed, we look forward to another robust year of translating Pitt-depplo
developed innovations into products and services that have an impactdev
on society and improve people’s lives.o
Pitt Innovator Heather Bansbach is translating her research at the
Pitt Neuromuscular Research Lab into AccelMOTION, a company that
provides remote data collection and analysis for physical therapy.
As we commemorate
20 years of serving Pitt
Innovators this year and
reflect on the
evolution of
technology
transfer at the University
during that time, we do
so with our gaze fixed
firmly on the horizon as
we launch v2.0 of our
organization.
Universityr
314Invention
disclosures
* (cumulative since 1997)
Total third-partytal th party
investment inment
PITT startupsps*
$965,000,000
12Startups formed
(student-run)
13Startups formed
(Pitt-licensed)
25 Total number of
startups formedd
IMPACT
$7.3 Million
Revenue
FISCAL YEAR 2016
6Number ofmmbe
UPMC alliancenP allia
agreementstsa
128 248 Number of other
agreements
Startups since inception
80U.S. patents issued
121se onsssses
Innovation Commercialization
$
YYEEEEEAAREEEEEAA
66
88000000U.S. patenLicenses/optionsee onssses
Making an Impact!
2 16Fiscal Year in Review

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Zoltun Design. We Listen. We Interpret. We Create.

  • 1. z o l t u n . c o m
  • 2. University of Pittsburgh Innovation Institute 2016 Innovation Showcase Brochure Guide to Innovations 2016 Innovation Showcase Participants 1. Aeronics Aeronics is a portable, lightweight, and low-pressureure oxygen delivery system. It uses porous materials tos to store a one-hour supply of medical-grade oxygen in anygy 2. Emotion Prosthetics – Purrr 3. AccelMotion 4. Aquapore 5. Layer Up 6. Esophocclude Esophocclude provides temporary blocking of thees te g of t eovi esophagus with a self-expanding device prior toself e prh a intubation of the lungs. The patient swallows a pill-sizedlue zsizedwasw eddlllhhe ntains the device. The device can remainn reThe ne e esophagus until the breathing tubeng tntil tubeube ed or for the duration of surgerysurge d ryy ifif ration protection is desired.sireote d. am: P. Carullo, MD; Y. Chun, PhD;hDD; YP. C ; Y. C 7. PerQ catheter system for patients who areaparter en heart surgery. The technologyThehea nary arteries and promotes quickd pary s minimal vessel damage, and prolongsses gdam que design enables users to deployen bles uses u ckly and accurately compared withcc cely coc ologies. am: P. Shridhar, MD; Y. Chun, PhDP. S Y 8. NLP Platform y is a usable tool that combines novely mb ons to help users make sense of Naturals cessing (NLP) results, revise models, andm anges between revisions. In addition,ad to make any necessary corrections totio ults, thus forming a feedback loop andop e the accuracy of the models. am: H. Hochheiser, PhD; Grey 9. TripleNote n easy-to-use instructional tool for data gned for students, faculty, and dataned his technology eases the hassle ofchno from multiple sources and eliminatesfrom multipletiple by centralizing all types of data into onell types of dataall ty culty and supervisors can easily defineulty an definers ca ovide students with the proper traininguden prop into the field, and collaborate in a singleand e in a s and data collection staff receiveon s uidance, and the ability to sync data toto s nce the work is completed. am: M.M. Kerr, EdD; , PhD; A. Hojnicki 10. 3D Laser s technology is to completely re-define photonics systems are built. Laser and ems are widely used in medical, military, and manufacturing sectors. They are echnology for a large number of highly ucts. This technology will transform the of the advanced laser system by using tive manufacturing (AM) process or am: K. Chen, PhD; S. Li, PhD easy-to-carry aluminum soda can. Innovation Team: C. Wilmer, PhD; Blake Dubeake sheath that cononco deployed in then tin balloon is inflateisis additional aspironion Innovation TeaovoInnoInn Chen, PhDChY. C 77.. PerQ PerQ is a transtrt sransQ is a t too sick for opesick foick fo bypasses coronasbypaasses recovery, inflictsctsco life. PerQ’s uniqunfe the device quice qt existing technote Innovation Teava 8888.. NNLP8 Platfo8. This technologygyT text-visualizatiotio Language ProcPr understand chad t allows users tu computed resute helping improveg nnovation Teaov G. Trivedi; C. GTr . TTTririp. leNoteriple ipleNote is anis an ollection desig pervisors. Thpervisor mpiling datampiling t usable datadata plication. Fac tructions, pr they go out ce. Students ructions, gu platform on ovation Tea Chiappetta, 333DD Laser goal of this laser and p onics syste e, mining, enabling t able produ facturing gital addit nting. ation Tea Idea to Impact! 2016 INNOVATION SHOWCASE @PittInnovates
  • 3. University of Pittsburgh School of Dental Medicine 16th Annual Research Symposium U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E2 In 2014 w2014 wh014 wh14 wh2014 when then then Dien then Din then Dien then Director ofrector of the Nationthe National InstituInsststiI te ofof Stanf Standards adards andndd Technologyologyologyologyl (NIST), Pa(NIST), Pa(NIST), Pa(NIST)T) trick Gatrick Galltrick GallGG agher, wasgher, wasagg selectedselected to be thee ththeto be t nexxt Chancxt Chancellor ofor of tttellor of the Univershe Universe Univershe Universitity ofity of PitPittsburghPPittsburgh, he state, he statestatastated that “thd that “ththat “tht e secret se secret sauce at Nauce at NIauce at NNN ST wwawas that to be efto be efe efeffective wefective wfective wfective w had to partner.” Over hiOver hiOvever his first yeas fis first year and a haand a half aslf as Chanlf as CCh cellor, Gaellor, Gaellor, Gallagher hallaghagllagh s taken hien hin s experience in innovan innovann innov tion and forging pubblic-privatlic-privatriprivativa e parte parte partnerse hips at NINIST to promto prST to pr moteote a new culture of innee of inne of innovation and collaborration at Pationation aton at itt. In 2015, t2015, t015, t15, thhe Univershe Univehe U ity of Pittsburgh ath atattracted $7tracted $7tracted $ 13M in13MMMM sponsoredsposponsospons research,h had 66 pat6 patpatents issuents issueents is d, and formed 11ed 1ee new startup companieanies based ons based onbased the research takingh taking placepp at Pitt. Tat Pitt. The Innovathe Innovatovation Instition Insion I ute, Center for Medir for Me cal Innovaov tion,, Coulter TrCoulter Trer Translationaanslanslational Researchch Program,Progr the Clinical andand TranslatioTranslatTranslat nal Sciencn e Institutstitu e, and theand McGowanGowan Institute fute foror Regenerative Medicinde Med e are juste a a few offew of the Univerthe Universitysity-based OngoingOngoing rese vision ofon of innoinnov formed. Maformed. Manyny bringinbringing their find a solution with endodon feedback in va saliva sama ples biomarkers of Health Transla outcomes and While all of th approaches, t and partnersh The final step and technolog out an infrastru developed inn SDM RESEARCH SYMPOSIUM “The mission is to leverage the school’s research and translational vigor to catalyze, nurture, and expedite the advancement of the most promising technologies in craniofacial tissue engineering“ 1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 3 As a testament to the strong research environment and history of translational research at the School of Dental Medicine and Pitt, the National Institutes of Health (NIH) supports the development of a Dental, Oral and Craniofacial Tissue Regeneration Consortium Resource Center (DOCTRC). The mission of the DOCTRC is to leverage the school’s and University’s research and translational vigor to catalyze, nurture, and expedite the advancement of the most promising technologies in craniofacial tissue engineering and regenerative medicine to safely and effectively regenerate, reconstruct, and restore dental, oral, and craniofacial tissue and function. The DOCTRC has the potential to provide to the school millions of dollars in funding for the evaluation and testing of new technologies on every step of the development path of clinical research from theew ec o og es o eve y s ep o e deve op e pa o c ca esea c o e benchtop to the dental chairbenchtop to the dental chair. The abstracts presented during the School of Dental Medicine 16th Annual Research Symposium are evidence of the innovation and collaboration being realized each day T YY OOO g j y translatiotranslational sciencnal science assets te assets that are avhat are availablailable to help researchers bbridge the gap bbetwebetween the benen the benchchwork they do and the impact earch aearch aarch a vationion y basicy basic frontlin n. Rese tists, o alidatio s for th comp ational d delive hese re they ar ips wit in this gies in ucture novatio y p g y at the school. During the next year, new efforts will be undertaken to form additional public-priublic-private partnvate partnerships therships that accelerate the pathe path of newth of new innovationinnovations into clis into cl nical U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E6 RESEARCH AND THE FUTURE OF DENTAL MEDICINE BEGINS HERE The School of Dentaof Dental Medicine has behas been one of thef nation’son’s leading research inssearch institutionstitutions for most oost of its long history.istory. Throughouthout the pastthe pa decade, thdecade, the schooe school has been abeen a top-top- tier-ranked Nationad National InstituteInstitutes of Hs of Health (NIH)/Na(NIH)/Nationaltional Institute of Dentalental and Cranioand facial Resacial earch (NIDearch (NIDCR)C institutiou n. Fundingng frofrom these organizarganizations andtions and others, such as thh as e Departmement of Dent of Defense and pnse and private corpporations,ons has supported many types of ref research atearch at the school. Such succeh ssful research efforrts also cats also c n bbe traced to theo th cooperative approachapp taken together by rether by reesearch and clinical faculty.lty. Presented, here, isere, is influeinfluential new and ongoingoing research taking place in then renowned Cenow enter fornter for CraniofaciCra al Regeneration (CCR) a(CCR) and the Cend the Centerter for Craniiofacial andnd Dental Genetics (CCDcs (CCDG) and whaG) and what it mt it means toto cliniciansns and patients, and foa r the fututhe re of dentental medicinal medi e. Salk Hall celebrated a building milestone in the opening of the Salk Research Pavilion. The Pavilion officially opened during a formal ribbon-cutting ceremony on September 15, 2015. Dedicated entirely to research pursuits, the building provides roughly 81,000 square feet of additional space. Every floor has designated space for 125-square-foot offices, restrooms, a kitchen area large enough for 16 people to eat together, and high-tech conference centers—the largest seats 40–where researchers and clinicians, students and staff, can discuss the newest collaborative research efforts at the school. The laboratories have individual cold rooms and each floor shares space for sterilization and glass washing as well as a glass manifold. The building is wired with emergency power circuits to protect the freezers that secure various study cultures and growth mediums. Corner conference rooms feature spectacular floor-to- ceiling windows that overlook Oakland with a view of the Monongahela River, a view that is certain to jostle the creative part of the scientific process. Its exterior is a mix of dark and light gray stone imported from Germany with a modern interior. The most striking element upon entering the building is the glorious atrium featuring a massive painting by Pitt Professor Emeritus Virgil Cantini. The building has Silver LEED certification, which includes native beneficial plantings outside. Salk Research Pavilion 1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 7 The Center for Craniofacial Regeneration is Pivotal to Today’s Growing Research The Center for Craniofacial Regeneration (CCR) is a University of Pittsburgh designated Center of Excellence directed by Charles Sfeir, DDS, PhD, who also is the Associate Dean of Research, and chair of the Department of Periodontics and Preventive Medicine at the School of Dental Medicine. Both a clinician and researcher, Dr. Sfeir seeks new treatments for patients by undertaking some of the region’s most cutting- edge research. Research studies in the CCR range from the molecular and cellular to the whole-organism level. Studies include fundamental biological phenomena related to the development, structure, and function of the craniofacial region and the development of new therapies, biomaterials, and diagnostic tools for the treatment of craniofacial diseases and disorders. The focus of the CCR is in five areas: • the development of bio-inspired materials for mineralized tissue engineering as well as understanding extracellular matrix proteins involved in mineralized tissue biology; • the development of fixation devices using resorbable metals; • the development of novel periodontal therapies using modulation of the immune system strategies; • the development of tissue engineering strategies for pulp tissue regeneration; and • translational research that involves pre-clinical animal models. These goals guide various research strategies carried out by faculty and staff members, and doctoral and dental students representing different backgrounds. Much of the research undertaken in the Center is of an intraprofessional nature and involves other departments at the school. For instance, researchers in the CCR work together with clinical faculty members from the Department of Oral and Maxillofacial Surgery to seek surgical treatments for regenerating bone and other tissues, with the Department of Endodontics on pulp regeneration, and with the Department of Periodontics to develop treatments for patients with periodontal disease. The CCR also reaches beyond the field of dentistry and works interprofessionally with many schools, departments, and areas of study at the University, such as the Schools of Pharmacy and Engineering. The CCR participates in interdisciplinary research efforts that are developing advances in engineering various tissue types for the treatment of functional and cosmetic wounds and defects of the face and skull. Many clinical and research faculty members at the school also are members of the University of Pittsburgh’s McGowan Institute for Regenerative Medicine, one of the premiere research centers in the nation bringing together varied disciplines from throughout the University. CCR research receives funding from the NIH, the National Science Foundation, and the United States Department of Defense. Dr. Juan Taboas research interests include Hydrogels. eratitiooonn archhh The CCR a nterprofess of study at Engineerin efforts that issue type wounds a esearch of the Un Regenera centers i rom thro CCR res Science of Defe RESEARCH SYMPOSIUM TH ANNUAL | MAY 18, 2016 U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N TA L M E D I C I N E 16
  • 4. University of Pittsburgh Institute for Entrepreneurial Excellence Membership Brochure M E M B E R S H I P J o i n o u r g ro w i n g c o m m u n i t y o f re g i o n a l b u s i n e s s l e a d e r s . III P mm uuu nn i t y dd ee rr s . An IEE membership provides opportunities for personal and professional growth through education, networking, individualized consulting, and custom-matched peer forums. Membership levels vary to meet the specific needs of established entrepreneurs, families in business, and strategic level executives. Our flexible tiered membership enables you to choose the level that best suits your needs. To learn more about IEE membership, call 412.648.1544 or email innovation@pitt.edu P L A T I N U M Company Level Membership (6 Members) $3400 annually EDUCATIONAL PROGRAMS • Education program series • Summer Lunch & Learn series • Specialty programs included HUNTINGTON BANK PEER FORUMS Custom placement for up to 3 members CONSULTING* • 20 hours of director consulting • Additional hours at discounted rate • 2-hour mentoring session with Innovation Institute Expert-in-Residence • 1-hour consulting session with sponsor NETWORKING • 2 signature socials • Additional networking opportunities, plus events throughout the year • Exclusive invitations to speaker dinners and receptions • Lunch with Innovation Institute Director, IEE Director, or Program Area Director * SBDC consulting services available to companies with under 500 employees at no cost. G O L D Company Level Membership (4 Members) $2400 annually EDUCATIONAL PROGRAMS • Education program series • Summer Lunch & Learn series • Specialty programs with discounted registration HUNTINGTON BANK PEER FORUMS Custom placement for up to 2 members CONSULTING* • 10 hours of director consulting • Additional hours at discounted rate • 1-hour mentoring session with Innovation Institute Expert-in-Residence • 1-hour consulting session with sponsor NETWORKING • 2 signature socials • Additional networking opportunities, plus events throughout the year • Lunch with IEE Director or Program Director EDUCATIONAL PROGRAMS The IEE hosts monthly thought-provoking educational programs delivered by renowned speakers on topics relevant to family-owned and closely held businesses. HUNTINGTON BANK PEER FORUMS Professionally facilitated peer forums are held throughout the year for entrepreneurs to exchange insights and experiences with each other in a confidential environment. Each forum is composed of a small group of carefully matched members who regularly meet to explore the professional, family and personal aspects of operating a business. NETWORKING Built on making connections, the IEE recognizes the importance of networking. We provide opportunities for our members to become better connected in the entrepreneurial community through monthly educational seminars, annual socials, and relationship building events throughout the year. S I L V E R Individual Level Membership (1 Member) $1100 annually EDUCATIONAL PROGRAMS • Education program series • Summer Lunch & Learn series • Specialty programs with discounted registration HUNTINGTON BANK PEER FORUMS Custom placement for $400 annual fee CONSULTING* • 1 hour of director consulting • Additional hours at discounted rate • 1-hour consulting session with sponsor NETWORKING • 2 signature socials • Additional networking opportunities, plus events throughout the year CUSTOM CONSULTING A team of consultants are available to assist members throughout every step of their business. Consultants specialize in: • Financial Strategy & Loan Assistance • Supply Chain Strategy • Information Technology • Marketing & Social Media • Environmental Compliance and Assessment • Product Development & Commercialization • Family Business Consulting & Succession Planning ADDITIONAL MEMBER BENEFITS • Internship/Employee Placement Assistance through the University of Pittsburgh • Member Newsletter • Access to IEE Member Directory • Discounted Tuition for Entrepreneurial Fellows Class • Access to Private LinkedIn Community • Custom Website Assessment • Secret Shopping
  • 5. University of Pittsburgh Institute for Entrepreneurial Excellence Annual Report 4 At the IEE, we support and help businesses build value through lifelong learning. Our educational programs and workshops bring unique insights from thought-provoking speakers to apply directly to businesses. L I F E L O N G L E A R N I N G Peer forums are held throughout the year for entrepreneurs to exchange insights and experiences in confidence. Each forum is composed of a small group of strategically matched members who regularly meet to explore the professional, family, and personal aspects of owning and operating a business. MEMBERS FROM 83 COMPANIES PARTICIPATED IN PEER FORUMS “IEE peer forum groups provide a platform to discuss important business issues. Business owners relate to these issues, and offer insightful ideas and solutions.” CATHY ROGERS President of Aero Tech Designs, Cyclewear 5 Our competitive, year-long certificate program is open to CEOs, founders, and business leaders looking to enhance their knowledge and expertise in managing and growing their business. The Entrepreneurial Fellows Program, now in its 16th year, has an alumni of nearly 500 companies.38 GRADUATES OF THE ENTREPRENEURIAL FELLOWS PROGRAM Topics included start-up workshops; financial management and alternative funding options; human resource management; leadership development; technology and innovation; digital marketing; and navigating family businesses.2,240 ATTENDEES ACROSS 108 IEE PROGRAMS IEE assisted in the purchasing/opening of 59 businesses IEE helped 45 clients secure funding totaling $16,646,092 2 0 1 5 N E W I N I T I A T I V E S Federal Funds 23% State Funds 11% Foundation Grants 15% Consulting + Educational Programs 3% Sponsors 9% Tuition 23% Donations 3% University Support 13% 2 0 1 5 H I G H L I G H T S $ 1 , 9 6 3 , 4 0 9 f u n d i n g t o t a l Spanish Initiative The IEE’s Small Business Development Center has extended its no-cost, confidential consulting services to native Spanish speakers who are interested in starting or growing a business. Management Consultant Victoria Lopez has presented “Como Abrir Tu Negocio,” a variation of our start-up business workshops. These one-on-one consulting services and workshops are offered throughout the year. EMAP The Environmental Management Assistance Program fostered under the SBDC assists companies with environmental issues and regulatory affairs. Environmental Consultant Lee Ann Briggs brings over 28 years of environmental regulatory-compliance experience in both consulting and industrial capacities. Supply Chain Consulting The IEE has recognized and addressed the growing need for professional supply chain management expertise and knowledge. The IEE works to foster connections, assist in development and expansion, and provide perspective to business owners seeking support in their supply chain strategy. 2 TWO Members 69% family business & 31% closely held Clients 645 small companies looking to start or grow their business 27PantherlabWorks clients working to bring a product to marketplace or commercialize new technology Jobs 713 total jobs impacted 489 jobs saved 204 jobs created O U R C O M M U N I T I E S A S N A P S H O T O F T H E 9 0 0 B U S I N E S S E S S E R V E D I N 2 0 1 5 Big Poppa’s Food Truck Bike the Burgh Tours Bridgeway Capital Butler Gas Products Company CrawfordEllenbogen LLC Cuchina Safe, LLC Dance Locker LLC E Properties and Development Eat’n Park Hospitality Group, Inc. First Insight, Inc. Kurt J. Lesker Company Mancini’s Bakery Robert Wholey & Company Inc. Sabika, Inc. Sarris Candies Shadyside Inn & Suites Spand-Ice The Motherhood Inc. Turner Dairy Farms, Inc. Vestis INDUSTRIAL EQUIPMENT MANUFACTURING ENGINEERING CONSTRUCTION PROFESSIONAL SERVICES INNOVATION & TECHNOLOGY APPAREL & RETAIL ARCHITECTURE & DESIGN TRANSPORTATION & LOGISTICS HEALTHCARE & MEDICAL SERVICES FOOD SERVICE & HOSPITALITY REAL ESTATE PRINTING & PACKAGING MARKETING & DESIGN SPORTS HUMAN RESOURCES ENERGY L AW R E N C E B U T L E R A R M S T R O N G I N D I A N A B E AV E R A L L E G H E N Y W E S T M O R E L A N D WA S H I N G T O N FAY E T T E G R E E N E I E E E X T E N S I V E C O V E R A G E TWO 3 eee ssuupp eeedduuca -p-pprroovvo RR N I N a platfoa platfoa platfoatform trm torm torm tom to discuss important business issues. Business owners relate to these impac 2 0 1 5 A N N U A L H I G H L I G H T S A PART OF THE UNIVERSITY OF PITTSBURGH INNOVATION INSTITUTE
  • 6. University of Pittsburgh Institute for Entrepreneurial Excellence Summer Social Postcard Join Us for our annual Phipps Conservatory Tropical Forest and Special Event Hall Monday, June 13, 2016 5:30 to 9:30 pm Spouses and significant others welcome. Valet parking provided. Summer Social Please join us for our annual Phipps Conservatory Tropical Forest and Special Event Hall Monday, June 13, 2016 5:30 to 9:30 pm To register, visit ieesummersocial.eventbrite.com Spouses and significant others welcome. Valet parking provided. Summer Social tee.cccomm iiaaaaaaaaaall Join Us
  • 7. University of Pittsburgh Institute for Entrepreneurial Excellence Entrepreneurial Fellows Brochure PROGRAM COMPONENTS Custom Curriculum Our curriculum provides the necessary tools for fellows to continue to grow their businesses despite the economic and competitive challenges they face every day. Content is designed to help entrepreneurs become more productive, high-impact leaders. Fellows obtain the latest subject knowledge, practice solution creation and work on individual implementation plans. Faculty is carefully chosen for each class based on a proven track record of teaching entrepreneurs and business leaders. Confidential Mentors Mentoring is a powerful tool for personal and professional development. EFC offers a custom mentor match at the beginning of the year to complement the classroom experience and help guide fellows through broader day-to-day challenges. Peer Learning In each class, fellows participate in peer learning activities that promote the interaction between fellows, mentors and program faculty to share ideas and help solve real day-to-day business problems. The result is a network in every sense of the word. Graduation A certificate of academic achievement is awarded by the University of Pittsburgh to all fellows completing the program during a formal graduation ceremony. 20years serving regional business leaders over 2017 CLASS SCHEDULE January Building a Strategic Foundation is the Key to Success February Moving from Strategic Planning to Implementation March Financial Metrics and Dashboards that Work April Leadership Competency: Practices and Styles May Building and Growing Your Dream Team June Marketing and Beyond: Setting Your Strategy Apart from the Rest September Legal Business Overview: What You Must Know To Keep Your Business Running Smoothly October Developing the Ultimate Sales Machine November The Six Powers of Purpose— Breaking Through the Entrepreneurial Ceiling December Ready for Prime Time: Connecting the Strategic Components for Success All classes are held at The Rivers Club, One Oxford Centre, Downtown Pittsburgh. Parking is readily available. MEET THE FELLOWS EFC has been a core component of the Institute for Entrepreneurial Excellence since 1999. Alumni of more than 500 represent a cross section of regional businesses including: ABARTA AccuTrex Products Beinhauer Family Services Berner International Group Butler Gas Products Celtic Healthcare, Inc. De La Torre Orthotics & Prosthetics Eyetique Gateway Engineers Guttman Energy, Inc. Hunter Truck Sales Jeanette Specialty Glass Jendoco Construction Koppers, Inc. Kurt J. Lesker Company LaCarte Enterprises Lenzner Coach Lines/Coach USA Mancini’s Bakery Massaro Corporation McGinnis Sisters Special Food Stores Mr. John – The Holden Corporation Molyneaux Tile Carpet Wood National Church Solutions Observer Publishing Company Philip Pelusi Pittsburgh Transportation Group Rice Enterprises LLC Sabika, Inc. Snavely Forest Products Turner Dairy Farms, Inc. Two Men and a Truck Universal Electric 15% 12% 18% 13% 18% 24% Construction Healthcare IT Manufacturing Professional Services Retail JOIN EFC TODAY Become part of a growing community of fellows representing a collection of leading industries in the region. Over the course of the year, you will gain the tools and relationships to better achieve business success. Fellows remain active in a network of professional support that will last a lifetime. ABOUT THE IEE The Institute for Entrepreneurial Excellence (IEE), part of the University of Pittsburgh’s Innovation Institute, has served businesses throughout Western Pennsylvania for over 20 years. Offering a dynamic mix of consulting, education and networking opportunities through five main centers, the IEE strives to be an innovative leader in economic development in the region. 500EFC Alumni since 1999 A part of the Innovation Institute from ENTREPRENEURIAL FELLOWS CLASS A part of the Innovation Institute
  • 8. University of Pittsburgh Institute for Entrepreneurial Excellence Consulting Flyer GENERAL CONSULTING team provides expert advice through t consulting services in a number of opment rategy s & Licenses anagement SUPPLY CHAIN sional supply chain management a level appropriate for small d growth. Services include: gy e Review ment itiatives Management nt ofitability Alignment ENVIRONMENTAL MANAGEMENT ASSISTANCE PROGRAM (EMAP) DC, EMAP provides small business- d assistance they need to effectively ental concerns and reduce regulatory ental compliance services include: s ns Preparation & Submittal of Requests quirements Keeping & Reporting Systems aterials & Processes to Reduce & Plans C O N S U L T I N G A T T H E I E E The IEE offers a wide range of consulting services to address the complex opportunities and challenges that entrepreneurs face. FAMILY BUSINESS CONSULTING The IEE can provide assistance to families as they work together now and in future generations by offering the following services: • Succession Planning • Ownership & Leadership Transition • Working with Siblings & Cousins • Boards of Directors • Developing Next Generation Leaders INFORMATION TECHNOLOGY (IT) The IEE’s Information Technology consultants help companies evolve current technology platforms and strategically incorporate new ones. IEE IT services will help analyze and enhance current IT strategies and investments to create operational efficiencies and integration. Areas of IT consulting include: • Streamlining Information Systems • Website Assessment • Analyze Social Media Usage & E-Marketing Expenditures • System Integration • Software/Hardware Selection • IT Related HR/Personnel Issues PRODUCT DEVELOPMENT + COMMERCIALIZATION Consultants provide the strategic knowledge and guidance needed to bridge the gap from idea to commercialization. Following an initial application and evaluation, clients begin an intensive consulting engagement that leads to a plan and timeline to bring a new product, service or technology to market. The development and consulting process includes: • Production & Experience Overview • Market Analysis • Intellectual Property Strategies • Grant Writing • Business Model Development • Funding Opportunities • Prototype to Product Development Interested in receiving consulting? Contact Ray Vargo at 412.648.1542 or email iee@innovation.pitt.edu 3520 Forbes Avenue Pittsburgh, PA 15261 entrepreneur.pitt.edu ULLTTI ting cost evelo ning s Str ions s M ning ofes s at s and ateg dure gem nt In ent ier M eme & Pro ns A L MMAA P))) SB and nme onme ents ation he P s Req ord K e Ma n ns & CCCC oooffff oo Interested in rec The Institute for Entrepreneurial Excellence (IEE), part of the University of Pittsburgh Innovation Institute, has served businesses throughout Western Pennsylvania for over 20 years. The IEE educates and serves entrepreneurs through personalized support at every step of the business lifecycle. We achieve our mission to be an innovative leader of economic development through five main centers: SMALL BUSINESS DEVELOPMENT CENTER (SBDC) provides educational seminars and confidential, no-cost consulting to existing businesses and prospective entrepreneurs. The SBDC provides guidance in all aspects of starting and operating a successful business. MEMBERSHIP provides opportunities for personal and professional growth through education, networking, customized consulting and custom-matched Huntington Bank peer forums. Membership levels vary in order to meet the specific needs of established entrepreneurs, families in business and strategic level executives. PANTHERLABWORKS is dedicated to helping entrepreneurs turn original ideas into profitable action. Through the development and launch of new products, PantherlabWorks assists in market research, financial planning and securing funding. PantherlabWorks also helps existing companies identify innovative opportunities such as product and process improvement. ENTREPRENEURIAL FELLOWS CLASS (EFC) offers a competitive, yearlong certificate program open to CEOs, founders and business leaders looking to enhance their knowledge and expertise in managing and growing their business. Participants benefit from custom-designed programs and materials, individually matched mentoring and opportunities for peer learning and sharing—all while building leadership skills for sustained success. URBAN & COMMUNITY ENTREPRENEURSHIP PROGRAM (UCEP) specializes in helping urban and community-based businesses grow through educational workshops, consulting services and collaborative partnerships. Additionally, UCEP offers a six-month Community Power to Prosper certificate program designed to help established business owners grow their companies. IEE About the Institute for Entrepreneurial Excellence
  • 9. University of Pittsburgh Innovation Institute 2016 Impact Brochure 314 * (cumulative since 1997) Total third-partytal th party investment inment PITT startupsps* $965,000,000 12Startups formed (student-run) 13Startups formed (Pitt-licensed) 25 Total number of startups formedd $7.3 Million Revenue FISCAL YEAR 2016 6Number ofmmbe UPMC alliancenP allia agreementstsa 128 248 Number of other agreements Startups since inception 80nts issued 121 Innovation Commercialization $1,297,703 Total support from foundations, sponsors, grants & donors 913Jobs created or retained 199 Members of IEEEs EMeM 50 People in EIF programeo mroe propple iP 160 Community Power to Prosper participantso erPouC toy Pityity P 52 Interns placed in IEE companiesrn nedpIn EEacpla n IEE Regional Economic Development | Institute for Entrepreneurial Excellence 73New companiesn formed or purchaseda 9,582Hours of business consulting 919Businesses serveds $12,135,718 Amount of financing and equity secured $28,499,789 Sales increaseseses serenc 2,691 who have participated in IEE programs 33% Percentage of student companies who enter local accelerators or receive funding $3,652,712 Total amount ofTotal amT f pre-commercialization gapp ion funding deployedun PITT inventorsn servedd 950 PITT innovators served 1,941 Student Entrepreneurship 37 Students in the Living Learning Community Student teams in Blast Furnace 40 Students participating in programs & competitions 1,041 75 in Randall Family Big Idea Competition IMPACT The University of Pittsburgh Innovation Institute made significant progress toward its mission of fostering the University’s culture of innovation and entrepreneurship during Fiscal 2016. This progress is reflected in our Fiscal 2016 results, with Pittrefle Innovators setting records for the number of invention disclosuresofr submitted, patents issued, and number of startup companies formedf sts me around Pitt discoveries. We also had more than 1,000 faculty, studentsreov sntstu s and staff participate in our entrepreneurship educational programming.rsip ngminra . The Institute’s programming and partnerships expanded in kind tonep od tn k meet the growing demand for entrepreneurship education, funding fororprw dinundon commercialization activities and professional mentoring.ofiz g. New partnerships formed during the year with the Keiretsu Forummte FetsKe Mid-Atlantic angel investment network and Osage University Partners,Pane artnent rsinive sity PartneOsa which provides venture capital funding to promising university-basedityal ty-bro veg uspromising univsing univpromisprom startups, are providing new opportunities for Pitt Innovators to moveorsop orss, ovaInP s to movenities f ovefor PitPportunortu their discoveries from the lab to the marketplace.abs ce.tplo the mthe The Innovation Institute responded to the entrepreneurial passion ofeues prenn rentrhe urial Pitt students with the debut of the Blast Furnace student startupstueb nacest ceFurast e stu accelerator. Of the nearly 40 student teams that participated in thepar ms tce haamt t s tha initial three cohorts, 10 went on to be accepted into highly competitiveed10 acti ptao be acc regional accelerators, including AlphaLab and AlphaLab Gear. Fiscalndrs phaeg b ahaAlAlpha 2016 also witnessed the launch of the Innovation and Entrepreneurshipnovse h o2 Innofch Living Learning Community, a residence program for freshmen studentse pCo y, aL nceres, a interested in pursuing entrepreneurial endeavors during their Pitt years.eurs ntre alrenre Through our Institute for Entrepreneurial Excellence, we also hadneuIn ute enEntor significant impact on regional economic development. Through theconm act ecogion r IEE’s networking and consulting programs and services, we servedngoorkin tincoand over 900 businesses, helping to form or purchase more than 70ngb0 bu nges,ss businesses, leveraging more than $12 million of financing and equityoresseness morrageve investment, and generating nearly $30 million in sales increases foratinmnves atind gan participating companies.iesci iecong The Innovation Institute begins operating on a new strategic plan in Fiscalstite titvatno 2017 that sets ambitious goals for engaging more Pitt Innovators andam0 mhat7 t more partners in the University’s innovation ecosystem. In addition tos inm inpaore operating out of newly renovated offices, we have launched an improvedutt oeraop website and continue to expand our roster of entrepreneurs-in-residence,nddwebw who work closely with our faculty to guide them along the path oforkk cw innovation commercialization. And with the $1 million in Chancelloratio Innovation Commercialization Funds established last fiscal year beingovvat deployed, we look forward to another robust year of translating Pitt-depplo developed innovations into products and services that have an impactdev on society and improve people’s lives.o Pitt Innovator Heather Bansbach is translating her research at the Pitt Neuromuscular Research Lab into AccelMOTION, a company that provides remote data collection and analysis for physical therapy. As we commemorate 20 years of serving Pitt Innovators this year and reflect on the evolution of technology transfer at the University during that time, we do so with our gaze fixed firmly on the horizon as we launch v2.0 of our organization. Universityr 314Invention disclosures * (cumulative since 1997) Total third-partytal th party investment inment PITT startupsps* $965,000,000 12Startups formed (student-run) 13Startups formed (Pitt-licensed) 25 Total number of startups formedd IMPACT $7.3 Million Revenue FISCAL YEAR 2016 6Number ofmmbe UPMC alliancenP allia agreementstsa 128 248 Number of other agreements Startups since inception 80U.S. patents issued 121se onsssses Innovation Commercialization $ YYEEEEEAAREEEEEAA 66 88000000U.S. patenLicenses/optionsee onssses Making an Impact! 2 16Fiscal Year in Review