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LESSONS LEARNED FROM BUILDING A STATEWIDE INNOVATION TRAINING PROGRAM
Lynn AllendorfDirector, John Pappajohn Entrepreneurial Center, University of Iowa
Elizabeth HallgrenLecturer, Entrepreneurship and Marketing, Iowa Western Community College
Julie Forsythe Vice President, Entrepreneurship & Innovation, Quad Cities Chamber of Commerce
Scott SwensonRegional Director, Kirkwood Small Business Development Center, Kirkwood Community College
Introduction (5 minutes)Overview of Venture School program (20 minutes)Learn about participants programs (15 minutes)
Magazine coverStatewide Rollout: Plan, Successes, Challenges (15 minutes)Successes and Challenges from participants (15 minutes)
Bumper Sticker (brag)Post-It Notes (epic fail / never do again)
SESSION OUTLINE
Get to know each otherWhat is the biggest thing you are hoping to get out of this session?• Write it on a Post-It• Share with your table• Combine / rewrite• Share with group
WHAT DO YOU WANTTO LEARN?
University of Iowa Venture SchoolHelping innovators succeed
Why did we do this?• Economic development mission of our Center• Establish Center as a leader in entrepreneurial support across the state• University outreach beyond our campus and community
• University FOR Iowa• Belief in the I-Corps approach and desire to take it outside of the university
OVERVIEW OF PROGRAM
Statewide entrepreneurial trainingBased on NSF I-Corps curriculumHeavy reliance on a partner network
OUR REACH OVER 3 YEARS
174Teams
130Mentors
534Participants
Venture School• 59 teams / 170 participants• 7 locations:• Cedar Falls, Cedar Rapids, Council
Bluffs, Davenport, Des Moines, Iowa City, Sioux City
NSF I-Corps• 27 teams in first year of 3 year grant
IMPACT FY 2016
• Manufacturing• Healthcare• Education• AgTech• Small
Business/Intrapreneurship• Food/Restaurant
Note: We required only 2 people per team.
• Government/Entrepreneurial Support
• Software• Fashion/Design• Gaming
TYPES OF TEAMS
EXAMPLE BUSINESS
Venture School Strategic Initiatives
Main Street• Mini programs as statewide outreach; feed into main program
Sustainability• Develop long-term, sustainable model(s)
• Sponsorships, reduce costs, program income
Modify Strategy• Reach more Iowans - hybrid / online / other
Continued Engagement to graduates• Surge Summits – twice per year• Live Webinars• Assistance from UI students - Consulting and Interns
Impact• Data collection
VENTURE SCHOOL FUTURE STRATEGY
Learn about programs and schoolsHear about best practicesNetworkMagazine game
Work alone (or in teams if you have colleagues with you)
LEARN ABOUT OTHER PROGRAMS
Strategic IssuesChallengesLessons learned from 20 cohorts
Note: We are providing a detailed checklist to the participants.
VENTURE SCHOOL STATEWIDE ROLL-OUT
HOW WE DO IT
• Grant: State Funding• Sponsors:
Early Stage Biz Plan Accelerator Funding Biz. Model Execution Idea Validation
Venture School SBDC ISA/Straight Shot IEDA/Angel EDC
THE SOLUTION - ECOSYSTEM
• Small Business Development Centers• Chambers of Commerce• Community Colleges• Economic Development Organizations• Government Organizations• Accelerators• Startup Weekend
PARTNERSHIPS
• Recruit teams• Recruit mentors• Provide local resources• Build entrepreneurial buzz/ecosystem• Receive Lean LaunchPad training
• Stakeholder challenges – panel
WHAT OUR PARTNERS &STAKEHOLDERS DO
• Taught by real world entrepreneurs• Wide variety of expertise• A mix of serial entrepreneurs & faculty• Receive Lean LaunchPad Training• Facilitator role is key!• Ability to be a generalist• Geographically diverse team
BUILDING A TEACHING TEAM
OUR TEACHING TEAM
• Buy in from teams• Pre-work• Goals & Metrics• Tone of Presentation Feedback• Teaching Style• Workshops• Online
CHALLENGES & PIVOTS
Brag about the coolest thing, biggest success you have done with outreach training
Bumper sticker
Share the biggest challenge you’ve hadWrite on a Post-It NoteIn 3 minutes, sort Post-It Notes intocategories / themeShare with group
SUCCESSES & CHALLENGES
Lynn Allendorf - Director, John Pappajohn Entrepreneurial Center, University of [email protected]
Julie Forsythe - Vice President, Entrepreneurship & Innovation, Quad Cities Chamber of [email protected]
Scott Swenson - Regional Director, Kirkwood Small Business Development Center, Kirkwood Community College [email protected]
Elizabeth Hallgren - Lecturer, Entrepreneurship and Marketing, Iowa Western Community [email protected]
THANK YOU!
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