Coleman entrepreneurship CenterAnnuAl RepoRt 2013-14

2 Coleman entrepreneurship Center

From the Deanentrepreneurship plays a key role in business success in the 21st century, and it has an important place in the Driehaus College of Business. Depaul was one of the first universities in the nation to integrate entrepreneurship into

our academic curriculum in 1982, under the direction of Harold Welsch, management professor and Coleman Chair in entrepreneurship. A major endowment grant from the Coleman Foundation in 2003 enabled us to establish the Coleman entrepreneurship Center, adding another dimension to our program. over the years, these two elements—the classroom instruction by our talented faculty, and the hands-on, experiential learning from the programs and events of the Center—have inspired thousands of Depaul students to launch and grow new businesses.

Depaul’s entrepreneurship program has long been recognized as a national leader. those honors continue with the recent release of the princeton Review’s “top 25 entrepreneurship programs 2015” guide, which ranks our undergraduate program at no. 15 and our graduate program at no. 20 among more than 2,000 programs in the united States. In 2015 we will be expanding our efforts to support entrepreneurship through an international collaboration and other business developments.

the knowledge, creativity and dedication demonstrated in these pages reflect the bright future we see for Depaul students as they develop into entrepreneurial leaders who will contribute to our university, our community and our world.

Ray Whittington, phD Dean, Driehaus College of Business

By the numbers

7,402Total reach of Coleman

Entrepreneurship Center

activities

105 Number of student

teams involved in

business competitions

97Number of entrepreneurs and

business leaders who were

guest speakers

21,767Dollars awarded to

students as scholarships

and prizesthese numbers reflect the reach and impact of Coleman entrepreneurship Center activities during the 2013-14 academic year.

3advise • inspire • connect

From the exeCutive DireCtorIt has been an exciting year at the Coleman entrepreneurship Center, as we built upon our strong foundation and expanded our reach and impact. In these pages, you will see the many ways that the Center touches members of the

Depaul family as well as the broader Chicago business community.

the Center is the hub for entrepreneurship at Depaul. We partner with Depaul’s academic entrepreneurship program, and focus on three key activities to help undergraduate and graduate students and recent alumni launch new ventures. We advise students via individual and group sessions, as well as match them with established entrepreneurs who serve as mentors. our numerous guest speakers —including many successful Depaul entrepreneurial alumni—inspire our students with their stories and insights about transforming ideas into viable companies. We also connect various populations: students seeking partners from across the university; Chicago-area startups looking for Depaul interns or new employees; and alumni reaching out for information, colleagues or other resources for their ventures.

our success springs from the active contributions of many partners. We invite you to review our accomplishments of the last year and consider ways you may want to get involved in the future. We welcome you to join us in our efforts to guide the next generation of entrepreneurs at Depaul university.

terri lonier, phD executive Director, Coleman entrepreneurship Center Clinical professor of Management

1,506Number of participants in

Coleman Entrepreneurship

Center programs and

advising

5Number of

Coleman Fellows

7Entrepreneurs

who served on our

Advisory Board

5,839Individuals we touched via

our media outreach efforts

4,038Square feet of planned

new Startup Lab

44Members of our

Campus Advisory Team

4 Coleman entrepreneurship Center

eventsAt the Coleman entrepreneurship Center, we believe that entrepreneurs learn best from other entrepreneurs.

that is why, over the course of the 2013-14 academic year, the Center

hosted and participated in dozens of events that connected Depaul students and

alumni with entrepreneurs and other members of the greater Chicago business community. through forums, seminars, workshops and other events, our students obtained a first-hand look at the experience of starting a successful business—the aspirations, the challenges and the triumphs.

“uncommon Questions”: a Showcase of Crain’s 40 under 40 Business LeadersFor each of the past 25 years, Crain’s Chicago Business has recognized 40 Chicago business leaders who have made outstanding contributions to their fields before the age of 40. this year, the Coleman entrepreneurship Center partnered with Crain’s to celebrate the achievements of the new class of honorees and to welcome many of them into the Depaul entrepreneurial community.

In 2013-14 the Coleman Center hosted six showcase discussions of Crain’s 40 under 40 leaders, in partnership with the Chicago Family Business Council. Crain’s honorees shared personal experiences on starting and managing successful companies. We thank all of the panelists and moderators from Depaul’s “uncommon Questions” Crain’s 40 under 40 showcase series for giving us their unique insights and perspectives to help aspiring entrepreneurs.

events and speakers

June 2013: Pavan Balaji, Michael Butler, Pete Kadens, Robby Nathan; Deanna Salo, moderator

September 2013: Shradha Agarwal, Melissa Skoog Dunagan, John Roa, Bahar Wadia; Jill Hebert, moderator

November 2013: Julia Douglas, Kyle Kamin, Christine Poorman; Marcus Newman, moderator

January 2014: Jonas Falk, Mike McAvoy, Diana Peters, Courtney Van Lonkhuyzen; Patrick J. Murphy, moderator

March 2014: Scott Issen, Heather Holtsberg Smith, Justine Nagan, Dan Wagner; Mike Moran, moderator

May 2014: Adam Hitchcock, Lisa Hurwitz, Iliana Mora, Seth Kravitz; Michael Arndt, moderator

5advise • inspire • connect

Coleman Connectionsour Coleman Connections series brings together Chicago entrepreneurs—many of whom are Depaul alumni—with students from across the university. the Center hosted three Coleman Connections events in the 2013-2014 academic year, with each event focused on a different entrepreneurial theme. throughout the year, students met with entrepreneurs to discuss topics ranging from social media to sustainable food. We appreciate all who participated in our Coleman Connections events.

Fund it! Conference Speakers

September 2013, Job Rebellion: Mason Cole, Lina Khalil, R.J. Pahura

October 2013, Job Rebellion in Hospitality: Joel Sorinsky, Stu Waters

November 2013, Startups in Technology: Becky Davis, Jared Steffes

February 2014, Entrepreneurs @ the Movies: Kyle Joseph, Chris Ingebrigtsen

April 2014, Food Entrepreneurs on Earth Day: Marc Bernard, Alexandra Curatolo, Sandra Holl

Fund it! a Conference on Startup & Growth Capitalthis exciting event in october 2013 brought together students, alumni, faculty and area entrepreneurs with angels, venture capital firms and other private equity investors. 

nearly 100 participants joined us to hear about the current state of venture funding in Chicago, how to successfully navigate the funding process, new options for finance, the legal details of term sheets and intellectual property (Ip), making a successful pitch and other financial topics. Sixteen respected leaders from Chicago’s financial and entrepreneurial communities shared their insights and experiences.

As a result of this valuable day-long event, we received many reports of startups connecting with funders, new venture alliances that were formed, and new professional opportunities that emerged. our thanks to our advisory co-chairs, R.J. pahura and John lump. We also thank our event sponsors—BMo Harris Bank, elance and Venture Connects—as well as the entrepreneurial business leaders who shared their insights and knowledge.

Additional photos and details about the event can be found on the conference website, www.FunditConference.com.

Lou Amatucci

Leslee Cohen

Mason Cole

Seyi Fabode

Glenn Gottfried

Darren Guccione

John Hoesley

Mark Kindelin

Ron Kirschner

John Lump

Tricia Meyer

Rishi Shah

Maurice Vincent

Drew Whiting

Desiree Vargas Wrigley

Bruce Zivian

6 Coleman entrepreneurship Center

entrepreneurial Guests

Bob Achettu, Founder and Managing partner, Accelerated Growth Advisors

Shradha Agarwal, Co-founder and CSo, ContextMedia, Inc.

Louis Amatucci, Managing partner, Centarus professional Services

Michael Arndt, editor, Crain’s Chicago Business

Pavan Balaji, Computer Scientist, Argonne national laboratory

Brian Bauer, Founding partner, 100Waters Group

Marc Bernard, owner, Rustic Road Farm

Deon Bradley, Ceo, Bradley Coaching & Consulting

Ben Brenton, CIo, Snap-on tools, Inc.

Michael Butler, Ceo, life Spine, Inc.

Robert Carmody, owner, Diana’s Bananas, Inc.

Brian Chau, Senior Director – product Innovation, Wheels, Inc.

Leslee Cohen, principal, Hershman Cohen, llC

Mason Cole, Founder and partner, Cole Sadkin, llC

Tim Cole, professor, Depaul university College of Communication

Alexandra Curatolo, owner, Belli’s

Becky Davis, Chief Designer, Developer and trainer, Becky Davis Design

Paul DeCrette, owner and president, BlueChannel, Inc.

Rhon Daguro, Founder and Ceo, nervana

Julia Douglas, president, Jet Set World travel, Inc.

Melissa Skoog Dunagan, Founder, Skoog productions

Rania El-Sorrogy, executive Director, Hatch Valley

Brad Emanuel, principal, AtI Capital, Inc.

Seyi Fabode, Ceo and Co-founder, power2Switch

Jonas Falk, Founder and Ceo, organiclife, llC

Neil Feuling, Advisor, Georama, Inc.

Leo Friedman, Founder and Ceo, ipromo, llC

Glenn Gottfried, Independent Investor

Marc Grens, executive Director – Business Strategy, RCM Financial Services

Bill Griffin, professor, triton College School of Business

Darren Guccione, Ceo and Co-founder, Keeper Security

Lisa Gundry, Director, Depaul university Center for Creativity and Innovation

Aksh Gupta, Co-founder, occasion

Jill Hebert, Founder and Ceo, Matrex exhibits

Adam Hitchcock, Managing Director, Guggenheim partners

John Hoesley, Managing Director, Silicon Valley Bank

Sandra Holl, Founder, Floriole Café and Bakery

Judy Hogel, Director, Chicago Family Business Council

Libo (Bob) Hou, Graduate Assistant, Depaul university School of Accountancy

Lisa Hurwitz, executive Vice president and Managing Director, Starcom MediaVest Group

Lori Igleski, Founder, Fifth Star Consulting

Chris Ingebrigtsen, lead Software engineer, Belly

Scott Issen, president and Ceo, Future Founders Foundation

Jason Jacobsohn, Chicago Director, Founder Institute

Seth Kravitz

Glenn Gottfried

l to R: Rishi Shah, Seyi Fabode, Desiree Vargas Wrigley, Maurice Vincent, R.J. pahura

During the 2013-14 academic year, nearly 100 experienced entrepreneurs and business leaders volunteered as our guest speakers, judges and

workshop leaders. these business professionals inspired hundreds of students, alumni and other members of the

Depaul community. We thank them for their generosity of time and spirit, and for helping us create another

exciting, productive and memorable year for the Coleman entrepreneurship Center.

7advise • inspire • connect

Greg Jaros, Founder and Ceo, Spare to Share, llC

Kyle Joseph, Founder and Ceo, ShopGab

Pete Kadens, Co-founder and president, SoCore energy

Kyle Kamin, executive Vice president – Chicago office, CBRe, Inc.

Theodore Kekstadt, president, Forex trading unlocked, Inc.

Lina Khalil, Ceo and Co-owner, Fetch public Relations

Mark Kindelin, partner, Barnes & thornburg, llp

Ron Kirschner, president, Heartland Angels

Seth Kravitz, Ceo, Bow truss Coffee Roasters

Andrew Ladd, Senior Manager – Strategic Insight, tribune Co.

April Lane, executive Director, Catapult Chicago

John Lump, professor, Depaul university Driehaus College of Business

Mike McAvoy, president, the onion

Bhusha Mehta, engagement Director, Salesforce.com

Tricia Meyer, Managing Attorney, Meyer law, ltd.

Tony Mirchandani, Ceo, RtM engineering Consultants

Iliana Mora, Coo, erie Family Health Center

Mike Moran, Senior Vice president of Commercial Banking, American Chartered Bank

Patrick J. Murphy, professor, Depaul university Driehaus College of Business

Justine Nagan, executive Director, Kartemquin Films

Robby Nathan, Ceo, load Delivered logistics, llC

Lance Neuhauser, Ceo, 4c Insights

Marcus Newman, Vice president, CGC Financial

Carol Oman, Board Advisor, Depaul university Center for Creativity and Innovation

Siôn Owen, Founder and Ringmaster, pitch Circus

R.J. Pahura, Ceo, Venture Connects

Mona Pearl, Founder and Coo, BeyondAStrategy, Inc.

Robert Perrelli, Senior Manager – Strategy & Business performance, tCF Inventory Finance, Inc.

Diana Peters, executive Director, Symbol training Institute

Christine Poorman, executive Director, network for teaching entrepreneurship

Matt Ragas, professor, Depaul university College of Communication

Suzanne Reade, president, Chicago ArchAngels

Shawn Riegsecker, Founder and Ceo, Centro

John Roa, Founder, ÄKtA Web Studio, llC

Brian Rosen, Head Motivator, evolution Wines & Spirits

Rishi Shah, Founder and Ceo, ContextMedia, Inc.

Deanna Salo, principal, Cray, Kaiser ltd.

Greg Silich, Ceo, Quesocial

Heather Holtsberg Smith, Senior Marketing Manager, Quaker Foods north America

Joel Sorinsky, owner, theory

Jared Steffes, Founder and Ceo, Furywing

Terry Steinbach, professor, Depaul university College of Computing and Digital Media

Kevin Turner, Senior Director – Business Development, Magnet360

Courtney VanLonkhuyzen, Foundation executive Director, Motorola

Maurice Vincent, president, Movere, llC

Bahar Wadia, Ceo, uICo, llC

Dan Wagner, Ceo, Civis Analytics

Stu Waters, Founder and Ceo, Stu’s Kitchen

Alex White, Musician and Founder, White Mystery Band

Drew Whiting, Attorney, Axia law

John Williamson, Coo and Co-founder, Music Dealers, llC

Desiree Vargas Wrigley, Ceo and Co-founder, GiveForward

Bruce Zivian, partner, perkins Coie

leslee Cohen

Rishi Shah

l to R: Adam Hitchcock, Iliana Mora, lisa Hurwitz, Seth Kravitz, Michael Arndt

8 Coleman entrepreneurship Center

Student Competitions and Awardsto inspire hands-on venture creation and promote competition, the Coleman entrepreneurship Center held two venture challenges during the

2013-14 academic year. each competition encouraged students to express their

creative ideas in ways that could lead to a successful enterprise, and deepen their thinking, planning and presentation skills. Members of the Chicago entrepreneurial community generously gave their time to serve as student advisors and judges.

4th annual Student innovation awards In February 2014 the Coleman entrepreneurship Center, in partnership with Depaul university’s Center for Creativity and Innovation, awarded scholarships to seven students whose cutting-edge ideas put them at the forefront of innovation at Depaul. each year, the competition salutes students’ creativity, originality, problem-solving abilities and opportunity recognition skills.

out of 65 nominations from undergraduate and graduate students across the university, the 4th Annual Student Innovation Awards recognized first-prize winner Kevin Yu (Blulite), second-prize winner Ian Stellmach (Jam City) and third-prize winner Anthony Iavarone (Giglift.com) for their outstanding entrepreneurial achievements, awarding them scholarships of $1,000, $750, and $500, respectively. Honorable mentions of $500 scholarships were awarded to Gloria Martinez (Martínez escuela de lengua y Cultura), Khoa nguyen (YourResponse), and Haley nozell Van lahr and Amir Montazery (tXtR).

We thank the numerous individuals who volunteered as our online judges and coaches for this competition. In addition, we thank lisa Gundry, Director of Depaul’s Center for Innovation and Creativity, our partner on this event. We also extend special appreciation to our Coleman entrepreneurship Center Advisory Board for sponsoring our scholarships.

launch Depaul 2014 VIp “Shark tank” judges (l to R): Michael Arndt, Suzanne Reade, John Hoesley and Shawn Riegsecker.

Student winners of the 4th Annual Student Innovation Awards were honored at the awards ceremony held at Chicago co-working space, Grind laSalle, in February 2014.

9advise • inspire • connect

Launch DePaul 2014In Spring 2014, the Coleman entrepreneurship Center organized launch Depaul 2014, a student new venture competition that awarded $10,000 to six student teams to help them launch new companies.

From a collection of nearly 40 team entries, our volunteer online judges narrowed the field to six final

teams that pitched their venture ideas at the launch Depaul Awards event on May 21. Subtitled “the Demons Meet the Sharks,” the event brought together members of the Chicago entrepreneurial community for a lively evening of student presentations.

produces education and therapy kits for parents of children with autism. BBands, a non-slip headband production company founded by Depaul undergraduate, Bianca perry, received the third prize of $1,000.

Honorable Mention prizes of $500 each were awarded to three new ventures: Felicks (Shaza loutfi), Hashtagr (Khoa nguyen) and Jam City (Ian Stellmach). All winning teams also received elance credits to hire freelance talent for their new companies.

the Center offers a special thank you to our Advisory Board for supporting our award prizes and our launch Depaul 2014 sponsors: Kutchins, Robbins, and Diamond, ltd., a Chicago accounting firm; Quesocial, a social talent acquisition solution for recruiters; elance, an online marketplace for freelance talent; and CaliVista Wines, for the donation of wine for the event.

third place winners, BBands’ Jessica Weaver and founder Bianca perry, are greeted by Depaul alumnus Greg Jaros at the launch Depaul 2014 Awards event.

Center Advisory Board Member Al Kutchins (2nd from R) and elance representative Kyle Joseph (far l) award First place to planMatcher Ceo Christian Wells (2nd from l) and co-founder Ron lump (far R).

Second place winners, Making Connections (l to R): Kyle thompson-Westra, elizabeth Ames, Melissa Ames and Sean Maconachy.

Joining us as VIp “Shark tank” judges were Michael Arndt, editor of Crain’s Chicago Business; John Hoesley, Managing Director of Silicon Valley Bank; Suzanne Reade, president of Chicago ArchAngels; and Shawn Riegsecker, Founder and Ceo of Centro. Audience members also contributed to the final team scores by casting votes with blue chips in the respective teams’ voting boxes at the event.

the judges awarded the $5,000 first prize to planMatcher Inc., an online healthcare exchange founded by Christian Wells, a Depaul MBA student and former analyst at Blue Cross & Blue Shield of Illinois. the $2,500 second prize was awarded to graduate student elizabeth Ames and her company, Making Connections, which

10 Coleman entrepreneurship Center

outreach and Community Involvement

Depaul university has a distinctive connection to the global city of Chicago,

and the city provides both a backdrop and content for our students’ learning. the

Coleman entrepreneurship Center’s outreach programs connect students to the world of business and deepen our relationships with the Chicago business community.

high School Pitch CompetitionIn December 2013 the Center hosted 38 students from Rolling Meadows and prospect High Schools, in District 214, for a Business pitch Competition. Sixteen student teams gave 5-minute presentations on their business ideas, competing for certificates of achievement. our panel of judges included: entrepreneur R.J. pahura, Depaul alumni entrepreneurs Kyle Joseph and Rania el-Sorrogy, and Depaul Assistant professor of Communication Matt Ragas. paul Hennig, entrepreneurship teacher at prospect High School, served as project liaison. Students also heard about the college application process from Depaul Admission Counselor Will Manzo and about the many activities of the Coleman entrepreneurship Center.

Startup internship Programthanks to a grant from the John e. and Jeanne t. Hughes Foundation, the Coleman entrepreneurship Center launched a pilot program to sponsor three Depaul undergraduate student internships with Chicago startups. three qualified students were selected from a pool of student applicants. they reviewed applications from entrepreneurial startups to determine where they would work for 125 hours over the course of summer 2014.

Senior science and health major John orrico interned at proofX, a company focused on implementing 3D printing technology into healthcare. His role in the company consisted of designing a research survey to assess the progress that medical and research institutions in Chicago have made toward implementing 3D printing technology in their facilities.

Another Depaul senior, Ian Stellmach, a management/entrepreneurship major with a minor in computer science, worked as a design intern and project manager for Spare to Share, an online private sharing network within residential buildings. Ian created a new layout and potential new features for the site, as well as helped refine the overall online user experience.

Danny Rigoni, a Depaul junior double-majoring in real estate and finance, worked at threadMeup, an online customized apparel platform. As their business development intern, Danny conducted market research, wrote web content, and assisted in sales and marketing for the company.

11advise • inspire • connect

Depaul’s Academic entrepreneurship program

With 30 million entrepreneurs in the United States and a half million new startups each year, entrepreneurship is a vital part of the United States economy. At DePaul, we recognize this powerful market force and have integrated entrepreneurship into our curriculum for nearly 30 years. Over that time, thousands of DePaul students have participated in our academic entrepreneurship program, graduating to start their own successful companies, work at entrepreneurial firms, or choose a path of self-employment.

DePaul’s leadership in entrepreneurship education is built upon many strong foundational elements. Our entrepreneurship faculty have direct entrepreneurial experience—either as past or current founders and participants in business ventures—and they share their knowledge in a broad spectrum of classes that mix theory and practice. They are joined by faculty from across the university who serve as Coleman Fellows and bring their enthusiasm for entrepreneurship to their respective disciplines. Our faculty also are active entrepreneurship researchers, and authors of books and articles that contribute to the field. The experiential programs and events of the Coleman Entrepreneurship Center complement these academic activities—all adding up to provide a multidimensional educational experience for our students.

Harold Welsch, PhD Founder and Coleman Chair in Entrepreneurship Professor of Management

one unique aspect of Depaul university’s entrepreneurship program is its truly exceptional faculty. At Depaul, we take pride in the fact that our entrepreneurship faculty members are seasoned, successful entrepreneurs. each professor brings to the classroom a wealth of experience in creating and running successful businesses, giving students the knowledge they need to succeed in the entrepreneurial world. We salute our outstanding faculty for their contributions to the Coleman entrepreneurship Center this year.

DePaul entrepreneurship Faculty (2013-14)

Coleman Fellows (2013-14)

Matt Ragas, PhD, College of Communication

Tim Cole, PhD, College of Communication

Christie Klimas, PhD, College of Science and Health

Daniel Gillespie, JD, College of law

Terry Steinbach, PhD, College of Computing and Digital Media

Raman Chadha

Daniel Gillespie, JD

Lisa Gundry, PhD

Laurie LaMantia

Terri Lonier, PhD

John Lump

Javier Monllor, PhD

Patrick J. Murphy, PhD

Edward Papabathini

Remo Picchietti

Sondra Simpson, EdD

Harold Welsch, PhD

Coleman FellowsColeman Fellows are Depaul faculty who teach in disciplines outside the Driehaus College of Business. they integrate concepts of entrepreneurship into their classes, extending the reach and impact of entrepreneurship education across campus. upon the completion of their fellowship (generally one year), they retain an ongoing connection to Depaul’s entrepreneurship program. they also continue as part of the Coleman Foundation entrepreneurship Community of practice, a growing national cohort of colleagues dedicated to spreading entrepreneurship education across college and university campuses.

12 Coleman entrepreneurship Center

CAMpuS ADvISory TEAMthe Coleman entrepreneurship Center Campus Advisory team is comprised of Depaul faculty and staff who support the Center’s entrepreneurial efforts. they are valued members of the Depaul community, and help us extend the reach of the Center across the entire university.

Olayele Adelakun, College of Computing and Digital Media

Karen Burgard, Driehaus College of Business

Raman Chadha, Driehaus College of Business

Ed Childs, Career Center

Tim Cole, College of Communication

Chris Collins, office of Advancement

Arlene Cortez, office of Advancement

Robin Florzak, Driehaus College of Business

Ruth Gannon Cook, School of new learning

Shelley Gibbons, School of Hospitality leadership

Daniel Gillespie, College of law

Andrew Gold, College of law

Lisa Gundry, Driehaus College of Business

Lawrence Hamer, Driehaus College of Business

Kathy Hillegonds, Driehaus College of Business

Christa Hinton, Kellstadt Graduate School of Business

Judy Hogel, Chicago Family Business Council

Elizabeth Hollendoner, office of Advancement

Kathryn C. Ibata-Arens, College of liberal Arts and Social Sciences

Xiaoping Jia, College of Computing and Digital Media

Christie Klimas, College of Science and Health

Tracy Krahl, Alumni Relations

John Lump, Driehaus College of Business

Karyn McCoy, Career Center

Craig Miller, College of Computing and Digital Media

Javier Monllor, Driehaus College of Business

Carol Montgomery, Career Center

Keala Murdock, Career Center

Patrick J. Murphy, Driehaus College of Business

Tom Nguyen, office of Advancement

Matt Ragas, College of Communication

Felicia Richardson-McGee, Kellstadt Graduate School of Business

Lisa Riley, office of Advancement

John Ronquillo, School of public Service

Howard Rosing, College of liberal Arts and Social Sciences

Alan Salzenstein, School of Music

Leslie Shook, the theatre School

Gina Sian, Alumni Sharing Knowledge

Gillian Steele, Career Center

Terry Steinbach, College of Computing and Digital Media

Jason Ulaszek, College of Computing and Digital Media

T.J. Veneris, office of Advancement

Harold Welsch, Driehaus College of Business

Scott Young, Driehaus College of Business

13advise • inspire • connect

CoLEMAN ENTrEprENEurShIp CENTEr ADvISory BoArD (2013-14)

listings in the honor roll reflect contributions and pledge payments made to the Coleman entrepreneurship Center between July 1, 2013 and June 30, 2014.

President’s ClubGifts of $1,000 and above annually qualify for membership in the president’s Club, Depaul’s honor society of donors.

+ Donor has made a special philanthropic pledge to DePaul University

alumni & Friends

$5,000+ Fr. O’Connell Circle

Chicago Family Business Council, Inc.leo Friedman, ipromoJoan Hannant, the Soma InstituteJill Hebert, Matrex exhibitsJonathan Hennessy, BuS ‘06John e. & Jeanne t. Hughes

FoundationKutchins, Robbins & Diamond, ltd. +Allen Kutchins, MSt ‘75 +Bruce leech, MBA ‘81Gregory Silich, BuS ‘84Dan Smith, Capsim Management

Simulations, Inc.

$1,000-$4,999

terri lonierpatrick Sandercock, MBA ‘01

the Coleman entrepreneurship Center’s Advisory Board is a consultative group of distinguished Chicago-area entrepreneurs that helps the Center fulfill its mission and advance its overall outcomes. It strives to create a dynamic relationship between Depaul’s educational efforts and the Chicago entrepreneurial community. Members are all active entrepreneurs of successful companies. their guidance and contributions are invaluable to our organization and student entrepreneurs.

Honor Roll of Donors

Leo Friedman, Founder and Ceo, ipromo

Joan Hannant, Founder and president, the Soma Institute

Jill Hebert, Founder and Ceo, Matrex exhibits

Allen Kutchins, Co-founder, Kutchins, Robbins & Diamond, ltd.

Bruce Leech, Founder, CrossCom national and Co-founder, evolve, llC

Greg Silich, Ceo, Quesocial

Dan Smith, Founder and president, Capsim Management Simulations, Inc.

Up to $999

Michael Aduana, BuS ‘13Jennifer Alter WardenArch Construction Management, Inc.thomas Baryl, MBA ‘98CaliVista Winestimothy Colepatrick Coveny, MBA ‘84Food for thought enterprises, ltd.Group 4 Retail equipmentBrent Haggerty, MBA ‘96Dave HanichakJudy Hogellori Igleski, MBA ‘91David Kalainoff, MBA ‘83Juan padilla, BuS ‘06Bianca perryRomar Capitalnancy SharpJoseph Silich, BuS ‘92Karen Snyder troxel, MA ‘96

& James p. troxel, MA ‘93Sarah SomersRalph Sorice, BuS ‘66; MBA ‘72 & Cathy SoriceWBtangels, llCthomas & therese Weaver

14 Coleman entrepreneurship Center

our new Startup labAs we look to the future of entrepreneurship at Depaul, we are pleased to announce a fundraising effort to support the creation of a highly visible suite of offices and open workspaces on the seventh floor of the Depaul Center on our loop Campus. located in the heart of downtown Chicago, this 4,038-sq.ft. space

will serve as a physical hub of entrepreneurial activity for the university. It will bring together co-working space, Center administrative offices, advisors, mentors, and

training to support student entrepreneurs, recent alumni, faculty and staff.

With its moveable worktables and chairs, the Startup lab is easily transformed into an event space for lectures and presentations open to the university and guests from the broader Chicago business community.

An 18-person training room (above) will offer private space for educational programs. the suite also includes two offices for entrepreneurs-in-residence, a 10-person conference room, a small private advising room, a common reception area (shown above left) and the Center’s administrative offices.

the central area of the entrepreneurship suite will be the Startup lab, a flexibly furnished large hall with dual functionality. As configured above, the space is a working/meeting space for student teams that have demonstrated their commitment to launching a new venture. (the alternative configuration is shown below right.)

Coleman entrepreneurship Center Leadership teamTerri Lonier, PhD executive Director Clinical professor of Management

Molly Haigh Assistant to the Director

Kovie Biakolo* Digital Communications Assistant

Brooke McEntee* Digital Marketing Communications Assistant

Michael Mackiney* Communications and Research Assistant

* We were pleased to have several talented Depaul students on our team throughout the 2013 -14 academic year.

academic entrepreneurship Program Leadership teamHarold P. Welsch, PhD Founder and Coleman Chair in entrepreneurship professor of Management

Ilya Meiertal Budget Administrator

Get InvolvedWe welcome you to become involved and support our efforts to guide the next generation of Depaul student entrepreneurs through our work at the Coleman entrepreneurship Center. Visit our website to sign up for our semi-monthly email newsletter, On the Radar, and stay up to date on our latest news and upcoming events.

Colemanent.org

@ColemanCenter

Coleman entrepreneurship Center Depaul university1 e. Jackson Blvd., Ste. 5000Chicago, Il 60604312.362.8625cec@depaul.edu

ADDITIoNAL ThANkS

the Coleman entrepreneurship Center’s success is the result of many partners, both within and outside the university. We would particularly like to thank these individuals for their support throughout the year:

Scott Young, PhD Chair, Department of Management

Michael Hennessy president, the Coleman Foundation

DePaul University’s Office of Advancement Abena Apea, Chris Collins, elizabeth Hollendoner, Jennifer long, Chiara Montecchi, tom nguyen, lisa Riley, Amanda Van Zee, t.J. Veneris

Chicago Family Business Council Judy Hogel, executive Director elizabeth Fidanovski, program Coordinator Megan Sommers, Marketing Coordinator

Amy Shivvers Director of events, Crain’s Chicago Business

Benjamin Dyett and Heathyr Dilts Grind laSalle

CReDItS: pHotoS on p. 2, DepAul unIVeRSItY; p. 3, GuY nICol; p. 4, KAtHY HIlleGonDS, tARA WHIte; p. 5, tARA WHIte, BARtloMIeJ KuRelA; p. 6, tARA WHIte, BARtloMIeJ KuRelA; p. 7, BARtloMIeJ KuRelA, tARA WHIte; p. 8, KAtHY HIlleGonDS; p. 9, KAtHY HIlleGonDS; p. 10-13, DepAul unIVeRSItY; p. 14, RenDeRInGS CouRteSY oF VASIlKo ARCHIteCtS & ASSoCIAteS, InC.; p. 15, DepAul unIVeRSItY. DeSIGn BY leSlIe neWMAn, neWMAn DeSIGn/IlluStRAtIon.

the programs of the Coleman entrepreneurship Center are funded in part by an endowment from the Coleman Foundation.

about the Coleman entrepreneurship Centerestablished in 2003, the Coleman entrepreneurship Center is Depaul university’s entrepreneurial hub, connecting students, alumni, faculty and staff with the broader Chicago entrepreneurial ecosystem. through advising, mentoring, internships and a broad range of events and programs, it helps inspire and guide the next generation of entrepreneurs.

the Center is a partner to Depaul’s distinguished academic entrepreneurship program, which has been ranked among the nation’s top 25 programs for more than 20 years. the Center’s focus also reflects the broader mission of Depaul university, which emphasizes the values of education, research and community involvement.