1. Making Accelerators a vital part of your entrepreneurship ecosystem Kevin Gadd, Ohio State Lynn Gellermann, Ohio University

2. Lynn Gellermann Executive Director, Ohio University Center for Entrepreneurship TechGROWTH Ohio Venture Capitalist

3. Kevin Gadd OSU Center for Entrepreneurship Advisory Board Member Entrepreneurship Professor – From foundation to acceleration Commercialization Director Serial Entrepreneur

4. Rufus and Brutus

5. We have more questions than answers! Please stop us with questions or suggestions

7. We Believe A successful university accelerator is not an isolated program. It is the result of carefully planned and consistent steps in the student’s lifecycle.

8. Kauffman Agrees “Finally, at the funnel’s narrow spout, the emphasis shifts to concentrating resources and instruction on the students who seem most likely to succeed.” “Entrepreneurship education comes of age on campus”, 2013, Kauffman Foundation

10. Ecosystem Pillars

12. Academic Programs Major for Business Students Certificate for Non- Business Students Appalachian Scholars Program Multi-Disciplinary, Cross-Campus Research Student Engagement Guest Lecture Series Student Clubs and Fraternity Chapter Venture Café Hatchery Pitch Competitions StartUp Weekends Innovation Engine Accelerator Commercialization & Business Development TechGROWTH Ohio EIRs Seed Funds Angel Funds PTAC SBDC

13. Innovation Engine Accelerator By the Numbers: 652 6 startup teams from 5 colleges & 2 universities; 12 12 week entrepreneurial “boot camp” 20 Up to $20K in startup funding per team 50 Over 50 mentors providing subject expertise

14. Innovation Engine Accelerator Lean StartUp Modules led by venture capitalists Tom Parkinson and Lynn Gellermann using the learning platform of Venture Highway Module 1: Lean StartUp Concepts Module 2: Value Proposition & Customer Segments Module 3: Customer Discovery Module 4: Channel Strategies Module 5: Customer Discovery (2) Module 6: Market Research Module 7: Revenue Models Module 8: Resources & Activities Module 9: Entrepreneurial Selling & Strategic Alliances Module 10: Financial Projections Module 11: Finding & Dealing with Investors

15. Business Model Canvas

16. Vital to University and Community Culture Way of Thinking Method of Learning Preparation for Leading Can Apply to Public and Social Sectors Scale via Hybrid Seminar or Classroom Delivery What We Learned

18. OSU 10X Partnership with State of Ohio, ONE Fund Techstars Affiliate (GAN) 4 th edition going on now – ~450 applications – 39 teams selected – $20,000 per team 12 week program – >$7MM million raised in follow on funding Strong community collaboration Not just OSU students

19. E-Ship Funnel

20. Foundations of E-ship Student entry point into the funnel Emphasis on theory, practice, tools Fundamentals carry forward Valuable skills for any career Begins to ignite their passion What percentage will continue??

21. Foundations of E-ship

22. Business Plan Builder

23. Foundation’s Role “…we see a large part of our role as exposing students to entrepreneurship and helping them to learn and decide for themselves if they would like to be an entrepreneur or to play some other role.” “Entrepreneurship education comes of age on campus”, 2013, Kauffman Foundation

24. Minors and Majors Biggest opportunity in the funnel Should include other academic areas Ecosystem is critical for these students – Mentors and Alumni Program consistency is critical – Not tied to one person

25. Accelerator Class Business Model Canvas Lean Startup Customer Development Learning Maps Accredited Course Not all are fully committed

26. BUS-MHR 3452

27. Venture Accelerator

28. Business Model Canvas

29. Learning Maps

30. Dashboard

31. Institutional Knowledge

32. VH Platform Real meaningful results Flexibility is the key… Identify opportunities for program growth and improvement All materials for the program in one place Students keep all of it for later use

33. We Believe A successful university accelerator is not an isolated program. It is the result of carefully planned and consistent steps in the student’s lifecycle.

34. Discussion Time What questions do you have? What suggestions do you have? Or, we can talk football