Shaping The Entrepreneurial University

Founded in 2004 with a grant from the Kauffman Foundation, Kansas City, Missouri

Main purpose is to stimulate entrepreneurship across the entire campus

The Academy for Entrepreneurial Leadership

“Transforming ideas

into ventures that

create value”

Defines entrepreneurship in a comprehensive way

Provides resources to help make entrepreneurial

dreams a reality.

Infrastructure and Support

• Advisory BoardDeans College of Fine and Applied Arts College of Applied Life Studies College of Engineering Graduate College College of Business College of Liberal Arts and Sciences

Larry Schook – College of ACES Rajshree Agarwal – College of Business

• Institutional Support• Staff of 10 support and professional

staff

Assessing Opportunities and Challenges

• 542 responses received (27%)

• Open to a broad interpretation of entrepreneurship

• More than half reported barriers to being entrepreneurial (entrepreneurship should be rewarded)

• Over 60% are interested in taking workshops offered by the Academy

• Over 50% interested in faculty development opportunities

On Line Faculty Survey

Assessing Opportunities and Challenges

• 2,500 responses (25%) surveyed

• Students from every major academic unit responded

• Two-thirds expressed a desire to start own company or be self-employed at some point

• One-third feel prepared to accept a position with a start-up or entrepreneurial firm

• 70% would accept an offer from a start up business after graduation

Graduate Student Survey

Major Strategic Initiatives

• Strengthen Entrepreneurship as a Respected Field of Study

• Expand National and International Identity for the Academy

• Cultivate Entrepreneurial Perspective and Skills

• Engage Entrepreneurship Champions• Create Sustainability for the Academy

Strengthen Entrepreneurship - Study

• Creativity, Innovation and Entrepreneurship Fund Collaboration with the Vice Chancellor for

Research and Illinois Extension

• Visiting Scholars Program Invited lectures in collaboration with Academic

Units on campus

• Entrepreneurial Opportunity Fund Support for Creative and Innovative Projects

Expand National –International Identity

• Presentations at National and International Conferences AC21 Conference NCGE conference USASBE Academy of Management

• Partnership with International Organizations WUN University International Studies, Center for

Global Studies

• Illinois State-Wide Expansion of Entrepreneurship University of Illinois - Chicago

Cultivate Entrepreneurial Skills

• Wide Range of Workshops and Lectures 29 Workshops covering diverse topics Inspirational Speakers and recognized Scholars

• Curriculum Components for Class Instruction Business Simulation Assessment tools – Opportunity Scorecard and

Entrepreneurship assessments

• Business Plan Competitions Local and National Competitions

Engage Entrepreneurship Champions

• Faculty Fellows Program 15 Fellows from Across Campus Diverse Curriculum Designed for Specific

Disciplines

• Faculty Affiliates Program Engagement of Entrepreneurial Faculty

• Academy Advisory Board Deans from Colleges at UIUC

• Recruit Entrepreneurial Alumni Serve as Judges and Mentors Base of Financial Support

Create Sustainability

• Raise $15 million Endowment Major Donors and Alumni support

• Secure University Commitments Undergraduate Minor Curriculum commitments

• University Support A resource for the University Strategic Plans Financial commitments

Faculty Fellows 2005-2006

• Ann AbbottSpanish, Italian, Portuguese

• Steven AndersonSocial Work

• Hamish GowAgriculture & Consumer Economics & Business

Administration

• Darcy LearSpanish, Italian, & Portuguese

• Lawrence SchookAnimal Sciences & Institute for Genomic Biology

• Joseph SquierArt & Design

Faculty Fellows 2006-2007

• Rajshree Agarwal-TronettiBusiness Administration

• Liora BreslerCurriculum and Development

• Les ChristiansonAgricultural and biological Engineering

• Paul EllingerAgricultural and Consumer Economics

• Gordon HutnerEnglish

• Gale SummerfieldWomen & Gender in Global Perspectives

• Michael TwidaleGraduate School of Library & Information Science

• Madhu ViswanathanBusiness Administration

• Gary XuEast Asian Languages & Cultures

• Ali YassineIndustrial & Enterprise Systems Engineering

Shaping Entrepreneurship Through Partnerships in Creativity and Innovation