New American University 2015 and Beyond

ASU is a comprehensive public research university, measured not by whom it excludes, but by whom it includes and how they succeed; advancing research and discovery of public value; and assuming fundamental responsibility for the economic, social, cultural, and overall health of the communities it serves. ASU Charter

Eight design aspirations guide ASU’s ongoing evolution as a New American University. ASU integrates these institutional objectives in innovative ways to demonstrate excellence, access and impact. Design Aspirations

Leverage Our Place ASU embraces its cultural, socioeconomic and physical setting. Transform Society ASU catalyzes social change by being connected to social needs. Value Entrepreneurship ASU uses its knowledge and encourages innovation. Conduct Use-Inspired Research ASU research has purpose and impact. Enable Student Success ASU is committed to the success of each unique student. Fuse Intellectual Disciplines ASU creates knowledge by transcending academic disciplines.. Be Socially Embedded ASU connects with communities through mutually beneficial partnerships. Engage Globally ASU engages with people and issues locally, nationally and internationally. Design Aspirations

Mission & Goals 2015 — 2020

Maintain the fundamental principle of accessibility to all students qualified to study at a research university Maintain university accessibility to match Arizona’s socioeconomic diversity Improve freshmen persistence to 90% Enhance university graduation rate to 75%-80% and 25,000 graduates Enhance quality while reducing the cost of a degree Enroll 100,000 online and distance education degree seeking students Enhance research competitiveness to more than $700 million in annual research expenditures Attain national standing in academic quality for each college & school (top 5-10% for each college)

The defining constant of life is change. Our society and communities change. Our knowledge and how we acquire it changes. Our relationship with one other and with our environment changes. Anticipating, understanding and managing change as a positive force are hallmarks of a 21st century institution. This is why ASU values entrepreneurship and innovation (E+I). We want our faculty and students to be creative problem-solvers and designers of solutions that adapt and endure. At ASU, entrepreneurship is a mindset and a skillset. It is a way of living characterized by endless learning and making big ideas happen. E+I Team Values: E+I is a dynamic and fast-paced environment with a small team of mission-driven colleagues. We value creative thinkers and proactive doers who bring new ideas from any sector and apply it to the world of higher education. We are action oriented. We are culture changers. We are collaborative. We love working with people who are adaptable and can execute with integrity at the highest level while having fun in the process. E+I Team Mission: On campus, the E+I team supports the development of entrepreneurial mindsets and skillsets by providing services to students and faculty who want to scale their ideas. In the community, we support the advancement of our entrepreneurial ecosystem. ASU Values Entrepreneurship

2014/2015 success Students reached in classes 8K Students mentored by E+I staff Student teams who participated in Open Pitch at ASU Launch Days Students who participated in Innovation Challenges (75 majors represented) External Funding raised by 2014/ 2015 Edson Cohort $3.5M $225K Grant received to support programs for women entrepreneurs (JPMorgan Chase / SBA) Students recruited to ASU through the Freshman Fellows program 51$175K Grant received by JPMorgan Chase to support programs for women entrepreneurs $249K Grant received to support the Entrepreneurship Outreach Network (IMLS) $620K Grant received to support the Teaching Innovation Fellows Program (Verizon Foundation)

ASU Office of Entrepreneurship + Innovation E+I Freshman Fellows Program

E+I Freshman Fellows: Introduction The E+I Freshman Fellows program is a collaboration between the Office of Entrepreneurship and Innovation (E+I), ASU Enrollment Services, and select academic units. The program is based on existing pre-med/pre-law recruitment and engagement models utilized by universities nationwide. Designed as a recruitment yield and talent development strategy, the program offers high aptitude students a unique entrepreneurial fellowship experience in their freshman year. In the program, Fellows are provided the opportunity to create connections with peers and university leaders, engage in specialized instruction, and access to a $2M venture fund ($5k per student).

84% of the FY15 pilot are enrolled in Barrett, the Honors College E+I Freshman Fellows: 15/16 Pilot 129+ Non-resident admits with a CI Index of 129 or higher invited 21.7% 2014 capture rate for this population of first-time freshmen

E+I Freshman Fellows: 2015/2016 Pilot Student Profile 62 total applicants (15% of targeted student pop. submitted an application) 51 applicants enrolled in classes as of fall unique academic majors among four colleges 23 states represented 47 Freshman Fellows are also accepted into Barrett, the Honor’s College Scholarships represented include: President, National Merit Finalist, National Hispanic Finalist, National Achievement Finalist, and Academic Achievement

E+I Freshman Fellows: Beyond Recruitment The E+I experience includes resources and experiences to advance their ASU experience, including: Focused community development as an interdisciplinary student cohort Support of idea development and validation with a focus on innovation and entrepreneurship Access to a Venture Fund that provides $1,000 in initial seed funding and access to additional funds based on performance in ASU E+I competitions. Exclusive invitations to guest speakers, workshops, conferences, and boot camps Support for applications to internal and external competitions (e.g. Innovation Challenges, Edson, and CGI U)

E+I Freshman Fellows: Beyond Recruitment The College/School experience allows E+I Freshman Fellows the ability to connect to faculty, staff, and peers within their discipline. The following academic units have committed to additional programmatic and support services for the students in their college for the 2015/2016 Fellows cohort. Fulton Schools of Engineering College of Liberal Arts & Sciences W. P. Carey School of Business Herberger Institute for Design and the Arts

E+I Freshman Fellows: Timelines 2015/2016 Cohort Weekly engagement opportunities offered by E+I in Fall 2015 Monthly engagement opportunities offered by E+I in Spring 2016 Ongoing engagement opportunities offered by partnering academic units during 2015/2016 school year; primary focus of college engagement is Spring /2017 Cohort September E+I develops communication strategy and identifies target populations in coordination with Enrollment Services and academic partners October- Freshman Fellows application launched for 2016/2017 cohort October- Appeal for targeted populations sent, with supporting online strategy December- Secondary appeal for target population; invitation for campus visit February- Potential campus visit(s) occur in coordination with Enrollment Services during Phoenix Startup Week March- priority deadline for Freshman Fellows applications April- Follow up with all pending applicants that have not yet paid enrollment deposit May- Final appeal for participation from targeted populations June- Final application deadline for targeted students July- Final notification regarding Freshman Fellow status August- Welcome event to congratulate new cohort

E+I Freshman Fellows: Future Growth Reaching our goal: Identify corporate and private sponsorship for increased programmatic offerings (e.g. Silicon Valley trip, seed funding, entrepreneurs in residence) Expand the relationship with Barrett, the Honors College and add additional college partners Develop a peer-to-peer mentorship program and engagement strategy for the FY 15 pilot cohort 500 E+I aims to welcome 500 E+I Freshman Fellows to the 2016/2017 cohort.

“I have been an entrepreneur since I was 10. As new scientific technologies continue to surface, I want to be involved in both researching and bringing those technologies to market. With my ability to be innovative and communicate effectively I will be able to create a stronger connection between entrepreneurship and science and contribute to the ASU community.” – Jacob, College of Liberal Arts & Sciences, and Barrett, the Honors College class of 2019

Thank You Garret Westlake, PhD Associate Dean of Student Entrepreneurship Office Entrepreneurship + Innovation