Learning with Purpose UMass Lowell: A Public Institution for Innovation & Entrepreneurship Steven Tello, Ed. D. Associate Vice Chancellor Entrepreneurship.

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Learning with Purpose UMass Lowell: A Public Institution for Innovation & Entrepreneurship Steven Tello, Ed. D. Associate Vice Chancellor Entrepreneurship & Economic Development March 21, 2015

Learning with Purpose How Does A Public University Contribute to Innovation & Economic Development?

Learning with Purpose Discover new technologies that enable new products and new businesses - Research Support inventors and entrepreneurs attempting to create new businesses and industries – Business Incubation Train graduates with the skills required in both established and emerging industries – Education & Training How Does A Public University Contribute to Innovation & Economic Development?

Learning with Purpose New Models for Research & Economic Development Co-location catalyzing innovation & entrepreneurshp

Learning with Purpose Initial $3M commitment with option to grow Share 4 th floor labs in Saab Center Innovative Research: Printed & Flexible Electronics Printed Optical Materials Faculty, Graduate Students & Raytheon Scientists Talent Creation & Workforce Development Raytheon-UMass Lowell Research Institute Flexible Phased Array Antennas

Learning with Purpose Massachusetts Medical Device Development Center M2D2: UMass Lowell, UMass Medical, Entrepreneurs & Industry

Learning with Purpose 11,000 sq ft M2D2 Expansion (adding biotech) 11,000 sq ft Tech Incubator (all industry sectors) $7.5 M investment State & University Target Clients University affiliated ventures Corporate Innovation partners Angel and Venture-backed Companies recruited to region UMass Lowell Innovation Hub Supporting Technology Startups in the Merrimack Valley Opening June 2015

Learning with Purpose A campus-wide effort to introduce creative problem solving, innovation and entrepreneurship to students across all academic disciplines. A chance for students to develop sustainable solutions to world’s challenges and problems An opportunity to apply a UMass Lowell education in a way that makes a difference in the world. DifferenceMaker™: Student-Focused

Learning with Purpose 2014 Idea Challenge 70 applications, 190 Students DifferenceMaker Central, Faculty Fellows, 25 Alumni 2013 Idea Challenge Non-Spec - raised $100K, won 3 national comp. GrabaBite – raised $11K, merged with ClickWaiter Power Trike, Robot Arm joined Sandbox Accelerator DifferenceMaker™ Impact

Learning with Purpose UMass Lowell Entre. Ecosystem

Learning with Purpose Committed to supporting the economic prosperity and vitality of our region Recognizes our commitment to support economic development through: Innovation & Entrepreneurship Technology Transfer Workforce Development Community Development Awarded to 14 institutions across the country in 2014 UMass Lowell An APLU Innovation and Economic Prosperity University

Learning with Purpose How Can You Contact Us?

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