Burton D. Morgan Center for Entrepreneurship EPICS Entrepreneurship Initiative Edward J. Coyle, EEI Director (on leave) Nancy I. Clement, Interim Director EPICS High School Program June 12, 2007 ©N.Clement-Purdue University Burton D. Morgan Center for Entrepreneurship EPICS – Engineering Projects In Community Service Needs, Ideas Ideas, Products EPICS Program The Community E.J. Coyle, L.H. Jamieson, and H.G. Dietz, 1995 Burton D. Morgan Center for Entrepreneurship Basic Facts about EPICS: • • • • EPICS Engineering Projects in Community Service Interdisciplinary, Vertically-Integrated Teams Each team functions as a design firm Long-term, large-scale projects that benefit the local community • Define-Design-Build-Test-Deliver-Support Experience • More than 180 products delivered to the community Burton D. Morgan Center for Entrepreneurship Program Created in 1999 The success of the EPICS model at Purdue University resulted in the creation of the National EPICS Program. Purdue serves as the National EPICS Headquarters. 15 Participating Universities Burton D. Morgan Center for Entrepreneurship EPICS Entrepreneurship Initiative (EEI) Launched in 2001 Spread the benefits of products developed by EPICS teams to all communities through commercialization. Create opportunities students to learn about entrepreneurship and developing products. Enable EPICS teams to identify, protect, develop and benefit from the intellectual property they created. Develop and refine a model for social entrepreneurship that that all EPICS sites can use. Burton D. Morgan Center for Entrepreneurship The EEI Definition of Social Entrepreneurship “Social entrepreneurship is about applying practical, innovative and sustainable approaches to benefit society in general, with an emphasis on those who are marginalized and poor.” (Schwab) Burton D. Morgan Center for Entrepreneurship EEI Provides • Brion St. Amour - Patent Attorney – lectures in the fall about Intellectual Property protection. • Skill sessions: – patent searching provided by the Potter Library Faculty – market research provided by Krannert Library Faculty – digital presentations provided by the Undergraduate Library Faculty and Digital Learning Collaborator • I2P™ Competition – Product Feasibility – Purdue I2P Competition – National I2P Competition-On the Road • Unique agreement with Purdue’s Office of Technology Commercialization – If an EPICS product is commercialized an income stream will go to the project partner Idea-to-Product® (I2P™) is a registered trademark of the University of Texas Burton D. Morgan Center for Entrepreneurship I2P® Competition vs. Business Plan Competition • I2P® is a product-feasibility competition. The products and services presented at the I2P® Competition are typically not ready for market introduction and are at too early a stage to detail all of the information necessary for a business plan. • Business plan competitions are judged based on having a fully developed business model and extensive market knowledge, Idea to Product® places more value on the technology product itself. • The focus of I2P® is early-stage technology commercialization (Imagine, Incubate, and some Demonstration), while business plan competitions focus more heavily on how to Promote and Sustain the product or business. Retreived from http://www.ideatoproduct.org/int/about/AboutI2PIntl-WhatisI2P.cfm Burton D. Morgan Center for Entrepreneurship Taking the competition “on the road” • Fosters entrepreneurial spirit among National programs. • Creates links with entrepreneurs across the country • Provides potential donors with an opportunity to see the students and their projects. • Identifies products with commercial potential • Creates an environment that fosters collaboration with other universities and EPICS sites • Receives national attention for all the programs – USA Today article www.usatoday.com Burton D. Morgan Center for Entrepreneurship 2005 EPICS I2P Competition West Lafayette IN 2006 I2P Competition EPICS & Social Entrepreneurship San Jose CA 2007 I2P Competition EPICS & Social Entrepreneurship Princeton NJ China * India Mexico Africa Burton D. Morgan Center for Entrepreneurship National I2P Competition for EPICS & Social Entrepreneurship 2007 Competition - Princeton University Butler University • “Language in Action” Illinois Institute of Technology • “Zinda” Pennsylvania State University • “Sustainable Windmill Company” Purdue University • “iTel Explorer” • “LUKe” San Jose State University • “Zero EMissions system” University of California San Diego • “Universal Toy Adapter” SJSU - ZEM Zero EMissions system Burton D. Morgan Center for Entrepreneurship 2007 National I2P Participants • 16 Responded to the survey – 15 Current students – 1 ’05 Graduate • Gender – 11 Male – 5 Female • Disciplines – – – – – – • 7 Engineering 4 Management or Finance 2 molecular Biochemistry & Biophysics 1 Fine Arts 1 computer Science 1 Internal Affairs Year in School – – – – – 2 Freshman 6 Juniors 4 Seniors 2 MBA 1 Graduate Burton D. Morgan Center for Entrepreneurship What else would you like us to know? “ I found the competition to be very empowering and inspirational.” Burton D. Morgan Center for Entrepreneurship EPICS-OTC Agreement: “ If Purdue generates revenue from the commercialization of the technology developed by the EPICS teams, it will share all such revenue equally with the community partner.” Burton D. Morgan Center for Entrepreneurship We are creating a network of social entrepreneurs Burton D. Morgan Center for Entrepreneurship Papers – Presentations - Conferences • “EPICS Entrepreneurship Initiative” – Looking into the Future of Technology – Forum 2007 • “The Innovation Initiative for Social Entrepreneurship: Fostering Awareness of Local and Global Social Issues via Entrepreneurship Education” – 2007 ASEE Annual Conference • “A University-Collaboration that Creates an Innovative Model for Social Entrepreneurship” − 2007 USASBE Conference • “Creating an Innovation Continuum in the Engineering Curriculum: EPICS and the EPICS Entrepreneurship Initiative” − 2006 ASEE Annual Conference − 2006 ASEE Global Colloquium on Engineering Education • “Improving Society” − 2006 AUTM Conference Burton D. Morgan Center for Entrepreneurship 2007 Purdue I2P Showcase Teams Happy Hollow 6th Grade Invention Class 2007 National I2P Showcase Teams Lafayette College “Engineers without Borders” Luggage Four Kids Mylinia Ambient Burton D. Morgan Center for Entrepreneurship National I2P Competition for EPICS & Social Entrepreneurship 2006 Competition - San Jose State University Purdue University “Mars Rover” Bedford North Lawrence High School “Swallow Monitoring Device” Butler University • “Language in Action” San Jose State University • “Walker with Emergency Lift” • “Hybrid Human Powered Vehicle Pennsylvania State University • “Helping Hand” Purdue University • “Sparklet Bracelet” Bedford North Lawrence HS “Swallow Monitoring Device” University of California San Diego • “Diginurse” Illinois Institute of Technology “KlarAqua” Burton D. Morgan Center for Entrepreneurship 2006 Bedford North Lawrence High School Students at I2P Competition Burton D. Morgan Center for Entrepreneurship Showcase Teams 2006 • Massachusetts Institute of Technology “Test Water Cheap” • University of California Berkeley & California College of the Arts “SEGURO” Burton D. Morgan Center for Entrepreneurship A Working Relationship Between a Young Inventor and the Bosch Tool Corporation 2007 USPTO Technology Forum Erin Eppard – Senior at Thunderbird High School, Phoenix, AZ “Operator Injury Mitigation Using Electronic Sensing and Mechanical Braking and Decoupling Devices in Handheld Circular Saws” * Consider collaborations with science fairs – that is where Erin started on the road to success. Burton D. Morgan Center for Entrepreneurship Labs in the Burton D. Morgan Center for Entrepreneurship. Students in Hardware Lab Beili Engku Senior Electrical Engineering Senior Electrical Engineering