TIMELINEAugust, 2003

Submitted Proposal to develop an Agricultural Innovation and Commercialization Center

September, 2003Awarded 1 of 10 grants for $1 million

October, 2003Identified Board of Directors

December, 2003Received Funding and Hired Cole Ehmke

May, 2003Hired Jane Anderson

Since last OctoberDeveloping and Implementing AICC products and services

Value Added Business Ventures• Potential

• to increase income for agricultural producers and producer groups

• Challenge• As many as 95% of new businesses fail in

first 5 years• Opportunity

• Assist in assessment of projects to increase chance of success

The purpose of AICC is to provide education on,

assessment of, & shepherding of

value-added products or processes fromidea to value-added enterprise.

• Partnership of New Ventures Team and Center for Food and Agricultural Business

• One year – partnership allows us to move quickly and combine resources from campus and the counties

Center for Food and Center for Food and Agricultural BusinessAgricultural Business•17 years experience in Executive Education•Educational Materials Development and Program Delivery

New Ventures TeamNew Ventures Team•Team of County Educators and Campus Specialists•Education and facilitation “one-on-one”

New Ventures

On Campus Specialists

County Educators

Center for Food and Agricultural

Business

Non-degree Programming

ResearchDegree

Programming -- EMBA

AICC

Joint Venture

AICC Board of Directors

Cole Ehmke Jane Anderson

Joan Fulton Mike Boehlje

Betty Jones Allan Gray

New Ventures CAB

IDEA

VALUE ADDED BUSINESS

IDEA

IMPLEMENTATION

VALUE ADDED BUSINESS

ASSESSMENT

• Initial activity of AICC to develop and test set of educational materials and protocols for assessment• Web-based assessment tool• Publications• Training Seminars

• Training Seminar for New Ventures Team• August 25-26, 2004 – On Campus

• Public Training Seminar• December 2-3, 2004 – Indianapolis

http://www.agecon.purdue.edu/newventures/

http://www.agecon.purdue.edu/aicc/