1. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The Global Entrepreneurship Center Florida International University and the Kauffman Campuses Initiative Alan L. Carsrud, Ph.D. Executive Director Clinical Professor of Management Professor of Industrial & Systems Engineering

2. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Kauffman Campuses Initiative: Foundation of campus-wide entrepreneurship at Florida International University

3. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The Beginning The Global Entrepreneurship Center (GEC) was started in 2003 with an award of a Kauffman Collegiate Entrepreneurship Network (KCEN) Grant for $50,000. The Center designed from beginning as a cross- campus activity by the College of Business Administration and the College of Engineering. Later the Colleges of Arts & Sciences and Education join.

4. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu KCEN & Campuses Grants 125+ campuses in the 2003 KCEN Candidate chosen from KCEN schools. Research oriented universities only. Mixture of public and private universities. Majority and minority oriented institutions. Campuses from around the country. Looking for “out of the box” proposals.

5. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The Kauffman Campuses Initiative Grants of up to $3-5million each. 30 Campuses invited in May to submit. 15 received $50,000 Planning Grants in July. Final Proposals sent to Kauffman in October. Presented to Kauffman in November. 8 chosen in December for gifts.

6. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Planning Grant Outcomes September 2003 Retreat with 120+ local business, community, & university leaders: –Developed overall strategy for the Center –Outlined projects and objectives for Institutes & Academy –Strong focus on cross-disciplinary activities –Marketing-branding strategy for the center and institutes developed –Build campus-wide network to support proposal –Meet three to one match required

7. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Florida International University Named A Kauffman Campus By The Ewing Marion Kauffman Foundation Of Kansas City

8. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The Kauffman Campuses Florida International University Howard University University of Illinois at Urban-Champaign University of North Carolina at Chapel Hill University of Rochester University of Texas at El Paso Wake Forest University Washington University at St. Louis

9. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Center’s Thematic Structure Institute for Technology Innovation (ITI) –Office of Entrepreneurial Science Institute for Community Innovation (ICI) –USAID Rural Entrepreneurship Project Institute for Family Business (IFB) Entrepreneurship Research Institute (ERI) Entrepreneurial Academy (EA)

10. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Since the Announcement Center launches a $36+million endowment campaign to fund: –Each of the four themed Institutes and the Entrepreneurial Academy –Professor-Directorships –Scholarships –Entrepreneurs’ Pavilion –Lectures Series –Venture Lab (incubator) –Various student activities

11. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Personnel Since the Gift Dr. Paul Reynolds - Director of Entrepreneurship Research Institute (ERI) Dr. Jerry Haar - Director of IFB Ms. Diane Silverman - Acting Director of ICI. Ms. Colleen Post - Associate Director of Center Ms. Lourdes Balebogi - Events Coordinator Dr. Richard Cardosa – Senior Scholar in ERI Mr. Marc Bell – Executive-In-Residence (Center) Dr. Marc Silverman – Professional-In-Residence (IFB Seven Adjunct Faculty hired Center expands Board of Advisors Campus-wide Faculty Committee set up –Annual planning retreat each July

12. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Technology Since the Gift Institute for Technology Innovation (ITI) joins the Kauffman Life Science Consortium Co-Hosting the MIT Venture Forums IDEA to IPO LectureGuy Kawasaki gives first IDEA to IPO Lecture ITI names Board of Advisors ITI with Department of Biomedical Engineering applied for additional NSF Partnership grant Hemispheric Center for Environmental Technology and ITI asks for $2.2million Congressional Appropriation to support a Technology Incubator.

13. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Community Innovation Since the Gift Institute for Community Innovation (ICI) applies for $1million grant for training Non- profit entrepreneurship in community organizations Hosting the National Foundation for Teaching Entrepreneurship (NFTE) regional and Latin American operations Expanding $1million USAID project for rural entrepreneurs

14. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Family Business Since the Gift First Annual Family Business Awards in May. South Florida Family Business Forum launches. Sponsorships for Forum from banks, accountants, and lawyers. Research data base on family firms being developed IFB to host 2007 Conference of Family Firm Institute.

15. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Research Since the Gift Kauffman Foundation funds multi-year PSED-II study with Prof. Paul Reynolds as Co-PI. Kauffman Foundation funds the Kauffman Index with Prof. Reynolds as PI. Launch South Florida Entrepreneurial Index as adjunct to Kauffman Index. Plans for State-wide Index begun.

16. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Academy Since the Gift Search for 6 new tenure-line entrepreneurship faculty in –Engineering, –Business, and –Arts & Sciences Developing Graduate Entrepreneurial Courses: –Entrepreneurial Finance –Starting & Managing Your Professional Practice Architecture, Accounting, Law School, Professional Engineers, and Fine Arts

17. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu Academy Since the Gift Undergraduate entrepreneurship minor –Biology and Physics Launch MS in Technology Management & Entrepreneurship in Industrial Engineering Doctoral Program in Entrepreneurship –Both in Management and Industrial Engineering –Admit first doctoral students in 2004-2005

18. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The cornerstone is laid: A local Cuban-American entrepreneur, is gifting a multi-million dollar endowment matched by the State of Florida to name the Center in honor of his father and family on December 16, 2004

19. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu The Center 2004-2005 Where do we go from here?

20. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu More in 2004-2005 Campus-wide Entrepreneurship Awareness Project Expand IDEA Workshops to engineering & sciences First Kauffman Development Grants for existing faculty Family Business & Entrepreneurship Case Series expands South Florida CEO Roundtable starts Family Business Programs to Chambers of Commerce Spectrum Lectures Series launches International Family Business programs joint with Latin American business schools Incubator begins in Biomedical Engineering Department with Coulter Foundation grant

21. Copyright © Florida International University, Miami, FL 33199 www.entrepreneurship.fiu.edu www.entrepreneurship.fiu.edu