1. © 2013 Boise State University1 Idaho Rural Partnership January 8, 2014 Boise State University Division of Research and Economic Development Mary Andrews

2. © 2013 Boise State University2 Economic Development Boise State is committed to: Industry partnerships and prosperity Workforce development

3. © 2013 Boise State University3 Higher Education Today Globalization US Economy Cost of higher education Value of a degree Content is everywhere Competition

4. © 2013 Boise State University4 Local employers and national education experts value: 21 st Century Skills Critical Thinking and Problem Solving Creativity and Innovation Communication and Collaboration Life and Career Skills How do we do this? And encourage students to ‘create a job’ rather than ‘take a job’

5. © 2013 Boise State University5 Venture College Open to students of any major Led by industry professionals Pilot of a non-academic program Flipped Classroom Delivery Experiences Self Paced Mentoring Internships Access to Networks Access to Capital Badge

6. © 2013 Boise State University6 Common Language The Lean LaunchPad (using the Business Model Canvas), taught at Stanford, Berkeley, Columbia, Caltech and adopted by the National Science Foundation, emphasizes experiential learning, a flipped classroom and immediate feedback as a way to engage students with real world entrepreneurship. Students learn by proposing and immediately testing hypotheses. They get out of the classroom and talk to customers, partners and competitors and encounter the chaos and uncertainty of commercializing innovations and creating new ventures. Students do, rather than plan to do. Unlike many approaches to entrepreneurship education, Lean LaunchPad does not rely on static case studies or fixed models; it challenges students to create their own business models based on information derived from personal engagement rather than secondhand market research.

7. © 2013 Boise State University7 Results 21 st Century Skills Companies and new ventures launched Vet your Dream, again and again. Existing businesses want in and … its an adaptable model

8. © 2013 Boise State University8 Thank you maryandrews@boisestate.edu