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In the 20 year history of innovation and entrepreneurship, in addition to helping may local companies, Lehigh University’s Integrated Product Development (IPD) program (www.lehigh.edu/ipd/) has being the launching pad for several notable successful student startups (http://ecotechmarine.com/). In the spring of 2012, Lehigh faculty launched our unique Master of Engineering in Technical Entrepreneurship (MTE) with the sole purpose of creating successful student startups. This new graduate program is open to entrepreneurially-minded students from any undergraduate major. Lehigh’s MTE program features a dedicated curriculum, a dedicated faculty, and dedicated creative spaces, all focused on helping student entrepreneurs create, refine, and commercialize intellectual property through licensing and launching of a new business. In fact new product development and company launch are graduation requirements. The MTE program is the latest addition to Lehigh’s University’s award winning entrepreneurship ecosystem that is designed to attract, and support student entrepreneurs. On May 20, 2013 Lehigh’s graduated its first class of 14 entrepreneurs that created 12 new products and launched 10 new businesses. The very next day, the 28 members of the MTE class of 2014 started their journey into creativity, innovation and entrepreneurship. The ten year goal of Lehigh’s MTE program is to graduate 90 student entrepreneurs and launch 50 new companies each year and in the process become a major source of economic development for the Lehigh Valley, the Commonwealth of Pennsylvania and the USA. As we like to say, “Don’t take a job, come to Lehigh to create your own!” Read the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/lehighs-master-of-engineering-in-technical-entrepreneurship-mte/
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Professor Michael Lehman, MD, MBA
Professor John B Ochs, PhD, Founder & Program Director
October 28, 2013
Master’s of Engineering in Technical Entrepreneurship (MTE)
Create and Launch Your Company in One Year
Professor John Ochs1
The Problem: Need for Talent Development
Innovation fueled by creativity is this generation's
most import economic development engine driving job
creation.
Innovation Engine Manufacturing Products
New
Mature
Revenues
Investment in Innovation
Other Purposes
People invest in innovation when it creates new products and services, producing an expected yield in long term
growth and profitsgreater than other alternatives.
Pay
ing
Cu
stom
ers
Professor John Ochs2
Innovation is necessary by not enough:we want people who can create, innovate and
commercialize
Developing Entrepreneurs and Supportive Environments
Professor John Ochs3
Innovation Engine by Tina Seelig
The greatest opportunities for
innovation
occur at the intersection of
disciplines.
Innovation is a process that can
best be learned by doing it –
over and over again.
Our program focuses
on developing entrepreneurs
who are needed to lead
interdisciplinary teams…
Our Solution: MTE Program
MTE Class of 2013
Professor John Ochs4
… find and assess
opportunities,
identify and manage
risk, manage the
development-to-
commercialization
process,
find and manage
resources,
lead the team by
example with a superior
work ethic,
and through exemplary
moral and professional
behavior.
Our Solution: MTE Program
MTE Class of 2014
Professor John Ochs5
Dedicated MTE Curriculum
Professor Michael Lehman6
Dedicated MTE Lab and Studio/Classroom
Professor Michael Lehman7
Dedicated MTE Faculty
• Entrepreneurship curriculum development
• Commercialization of new technologies
• Entrepreneurial Outreach
Michael Lehman, MD, MBA Professor of Practice
• Product developer at MAKE Magazine
• Arduino and micro-controllers
• 3D Printing• Creativity Program
Marc de VinckDexter F Baker Professor of Practice in Creativity
Joe MaennerIP Attorney, Maenner & Associates
Joshua CohenIP Attorney, RatnerPrestia
Matt SommerfieldFounder, MTS Ventures• Design services• Contract
manufacturing
Brian SlocumManager, Design Labs• Prototyping• SolidWorks
Professor Michael Lehman8
Masters of Engineering in Technical EntrepreneurshipCreating Flexible, Responsive Career Pathways
Replicable and ScalableBootstrappedGrowth of 100% from year 1 to year 2Can be scaled up (3 starting points/cohorts per year)Can be scaled down (series of workshops)
SustainableTuition-driven modelEDA-funded and university-funded scholarshipsEmerging industry partners
OriginalDedicated curriculum, dedicated space, dedicated facultyTwelve month Master’s of Engineering open to all majors
Measurements of Success MTE13
MTE14
Successful startups launched 6 12 projected
Placements in innovative start-ups, large companies, academia
7 16 projectedProfessor Michael Lehman9
MTE Class of 2013 Start-Ups
10Professor Michael Lehman
LEHIGH’SEntrepreneurship Ecosystem
Infrastructure& Other Related
Courses
IntegratedBusiness &Engineering
Integrated Product Development (IPD)
Community Consulting Practicum
Microfinance Program
EUREKA! ThalheimerStudent Entrepreneurs
Competition
Design Arts Program
CommunityFellows
Opportunities for Student Innovation
EUREKA! Levin Advanced Technology Entrepreneurship
CompetitionEntrepreneurial Interns
Program
Center for Advanced
Materials & Nanotech
SBDC
KeystoneInnovation
ZoneManufacturers
Resource Center
EnterpriseSystems Center
L. Pool Memorial Scholarships for Entrepreneurship
PA School for Global Entrepreneurship
Small Business Counseling
MBA Corporate Entrepreneursh
ip
VENTURESeries Executive Certificate Educational
Programs
RelatedOrganizations
Ben Franklin Technology Partners
WilburPowerhouse
Life Sciences
Greenhouse
“Garage” Student Incubator
Office of Technology Transfer &
Commercialization
Lehigh Entrepreneurs Network
Integrated Real
EstateProduction & Marketing of
Sound Recordings
Master’s in Technical
Entrepreneurship
Entrepreneurship Minor Computer Science& Business
Center for Optical Technologies
The Business of Life Science
Global Village
Leadership Lehigh
Office of Student
Leadership Development
IDEAS
Martindale Center for the Study of Private Enterprise
Innovation & Entrep. Leadership Residency
Baker Institute for Entrepreneurship,
Creativity & Innovation
International Social Entrepreneurship
EUREKA! Baer Student Social
Ventures Competition
LehighSilconValley
Entrepreneurs in Residence 11
Building on Lehigh Alumni Successes
EcoTech Marine
12
Lifeserve Innovation, Cleveland Ohio, 2009
hField’s Wi-Fire as seen on HSN, 2010
Coffee Joules on Shark Tank, January, 2013
Launched September, 2012 Launched September 30,
2013
