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“Where Research and Innovation Mean Business” Brandon Cohen, Faculty Jessica Sattler, Project Manager

I-Corps™ Site Update U of Toledo

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Page 1: I-Corps™ Site Update U of Toledo

“Where Research and Innovation Mean Business”

Brandon Cohen, Faculty Jessica Sattler, Project Manager  

Page 2: I-Corps™ Site Update U of Toledo

Where We Began

•  The  University  of  Toledo  applied  to  the  NSF  I-­‐Corps  Site  Program  in  the  first  round  

•  We  were  selected  aAer  the  iniBal  awards  were  disseminated  

•  We  iniBally  applied  through  UT’s  commercializaBon  center,  InnovaBon  Enterprises  (UTIE)  

§  Moved  to  a  UT  run  program  before  we  launched  

§  UTIE  is  sBll  very  involved  

Page 3: I-Corps™ Site Update U of Toledo

Initial Program Layout

•  Our  iniBal  program  involved  immersing  students  into  UTIE  companies  and  having  them  lead  the  Lean  Launch  process  

•  The  academic  lead  would  have  been  key  faculty  and  the  mentor  would  have  been  the  lead  of  the  UTIE  company  

•  Those  students  would’ve  been  paid  for  their  Bme  and  any  fees  incurred    

Page 4: I-Corps™ Site Update U of Toledo

Immediate Changes

•  Moved  to  a  classroom  model  •  For  credit  classes  including    –  Business  Law  3570  –  The  Laws  of  Structuring  and  OperaBng  a  Business  

–  Entrepreneurship,  Family  and  Small  Business  3590  –  Entrepreneurship  &  Small  Business  Management    

–  Bioengineering  4410  /  4420  –  Bioengineering  Design  Project  I  &  II  

Page 5: I-Corps™ Site Update U of Toledo

Immediate Changes

•  Using  Business  Model  Canvas  as  an  addiBon  to  standard  curriculum  

•  Students  work  together,  meeBng  in  person  monthly  

Page 6: I-Corps™ Site Update U of Toledo

Current Activities

•  Running  12  cohorts  •  Approximately  106  students  in  first  round  •  Each  cohort  includes:  – EL  =  Student  |  This  includes  a  team  lead  – AL  =  Faculty  Teaching  Course  – Mentor  =  PI  of  Grant,  Other  Faculty  Members,  UTIE  Board  Members  

Page 7: I-Corps™ Site Update U of Toledo

Team Structure

•  Each  group  from  each  class  has  a  student  leader.  – Student  Leader  is  responsible  for  channeling  the    discussions  and  making  sure  that  the  work  is  submieed  in    a  Bmely  manner.    

Page 8: I-Corps™ Site Update U of Toledo

Team Structure

•  Students  will  construct  a  prototype    

•  This  can  take  many  forms  – design  – 3d  prinBng  – actual  funcBoning  prototype  etc.  

Page 9: I-Corps™ Site Update U of Toledo

Changes Moving Forward

•  Expand  our  mentor  network    •  We  also  need  to  formalize  the  administraBve  process  for  the  students  to  make  purchases.        

•  Launch  a  secondary  training  geared  more  to  faculty  

•  This  would  also  make  up  for  the  8  teams  we  will  be  short  

Page 10: I-Corps™ Site Update U of Toledo

Future  AddiBons  to  Program  

•  Adding  a  customized  simulated  training  program  using  a  entrepreneurship  gaming  program  –  allowing  students  to  learn  the    Lean  Launch  process  in  mulBple  modaliBes  

•  Would  like  to  allocate  addiBonal  funding  for  training  and  grant  help  for  SBIR  and  TVSF  applicaBons  that  would  result  from  this  program  

Page 11: I-Corps™ Site Update U of Toledo

Engaging the Present…Creating the Future

Brandon  Cohen,  JD  Associate  Lecturer,  College  of  Business  and  InnovaBon  

[email protected]    

Jessica  Sa2ler  Director,  Economic  Engagement  &  Business  Development  Programs  

Office:    419.530.6164  |  [email protected]