Zoltun Design. We Listen. We Interpret. We Create.

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University of Pittsburgh Innovation Institute

2016 Innovation Showcase Brochure

Guide to Innovations

2016 Innovation Showcase Participants

1. Aeronics

Aeronics is a portable, lightweight, and low-pressureureoxygen delivery system. It uses porous materials to s tostore a one-hour supply of medical-grade oxygen in an ygy

2. Emotion Prosthetics – Purrr

3. AccelMotion

4. Aquapore

5. Layer Up

6. Esophocclude

Esophocclude provides temporary blocking of the es te g of t eoviesophagus with a self-expanding device prior to self e prh aintubation of the lungs. The patient swallows a pill-sized lue zsizedwasw eddlllhhe

ntains the device. The device can remain n reThe nee esophagus until the breathing tube ng tntil tube ube ed or for the duration of surgery surge d ryy if if ration protection is desired.sireote d.

am: P. Carullo, MD; Y. Chun, PhD; hDD; YP. C ; Y. C

7. PerQ

catheter system for patients who areaparteren heart surgery. The technology Theheanary arteries and promotes quick d parys minimal vessel damage, and prolongs ses g damque design enables users to deploy en bles uses uckly and accurately compared with cc cely cocologies.

am: P. Shridhar, MD; Y. Chun, PhDP. S Y

8. NLP Platform

y is a usable tool that combines novel y mbons to help users make sense of Natural scessing (NLP) results, revise models, and manges between revisions. In addition, adto make any necessary corrections to tio

ults, thus forming a feedback loop and ope the accuracy of the models.

am: H. Hochheiser, PhD;

Grey

9. TripleNote

n easy-to-use instructional tool for data gned for students, faculty, and data ned his technology eases the hassle of chno

from multiple sources and eliminates from multipletiple by centralizing all types of data into one ll types of dataall tyculty and supervisors can easily define ulty an definers caovide students with the proper training uden propinto the field, and collaborate in a single and e in as and data collection staff receive on suidance, and the ability to sync data to to snce the work is completed.

am: M.M. Kerr, EdD;

, PhD; A. Hojnicki

10. 3D Laser

s technology is to completely re-define photonics systems are built. Laser and ems are widely used in medical, military,and manufacturing sectors. They areechnology for a large number of highly ucts. This technology will transform the of the advanced laser system by using tive manufacturing (AM) process or

am: K. Chen, PhD; S. Li, PhD

easy-to-carry aluminum soda can.

Innovation Team: C. Wilmer, PhD; Blake Dubeake

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2016INNOVATION SHOWCASE

@PittInnovates

University of Pittsburgh School of Dental Medicine

16th Annual Research Symposium

U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E2

In 2014 w2014 wh014 wh14 wh 2014 when then then Dien then Din then Dien then Director of rector of the Nationthe National InstituInsststiI te of of Stanf Standards adards and ndd Technologyologyologyologyl (NIST), Pa(NIST), Pa(NIST), Pa(NIST)T) trick Gatrick Galltrick GallGG agher, wasgher, wasagg selected selected to be the e ththeto be t nexxt Chancxt Chancellor of or of tttellor of the Univershe Universe Univershe Universitity ofity ofPitPittsburghPPittsburgh, he state, he statestatastated that “thd that “ththat “tht e secret se secret sauce at Nauce at NIauce at NNN ST wwawas that to be efto be efe efeffective wefective wfective wfective w had to partner.” Over hiOver hiOvever his first yeas fis first year and a haand a half as lf as Chanlf as CCh cellor, Gaellor, Gaellor, Gallagher hallaghagllagh s taken hien hin s experience in innovan innovan n innov tion and forging pubblic-privatlic-privatriprivativa e parte parte partnerse hips at NINIST to promto prST to pr moteote a new culture of inne e of inne of innovation and collaborration at Pation ation at on at itt.

In 2015, t2015, t015, t15, thhe Univershe Univehe U ity of Pittsburgh ath atattracted $7tracted $7tracted $ 13M in13M MMMsponsored sposponsospons research,h had 66 pat6 patpatents issuents issueents is d, and formed 11ed 1eenew startup companieanies based ons based on based the research takingh taking place ppat Pitt. Tat Pitt. The Innovathe Innovatovation Instition Insion I ute, Center for Medir for Me cal Innovaov tion, ,Coulter TrCoulter Trer Translationaanslanslational Researchch Program, Progr the Clinical and and TranslatioTranslatTranslat nal Sciencn e Institutstitu e, and theand McGowan Gowan Institute fute foror Regenerative Medicinde Med e are juste a a few of few of the Univerthe Universitysity-based

Ongoing Ongoing resevision of on of innoinnovformed. Maformed. Manynybringinbringing their find a solutionwith endodonfeedback in vasaliva sama plesbiomarkers of Health Translaoutcomes and

While all of thapproaches, tand partnershThe final step and technologout an infrastrudeveloped inn

SDM RESEARCH SYMPOSIUM

“ The mission is to leverage the school’s research and translational vigor to catalyze, nurture, and expedite the advancement of the most promising technologies in craniofacial tissue engineering“

1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 3

As a testament to the strong research environment and history of translational research atthe School of Dental Medicine and Pitt, the National Institutes of Health (NIH) supportsthe development of a Dental, Oral and Craniofacial Tissue Regeneration ConsortiumResource Center (DOCTRC). The mission of the DOCTRC is to leverage the school’sand University’s research and translational vigor to catalyze, nurture, and expedite theadvancement of the most promising technologies in craniofacial tissue engineering andregenerative medicine to safely and effectively regenerate, reconstruct, and restoredental, oral, and craniofacial tissue and function. The DOCTRC has the potential toprovide to the school millions of dollars in funding for the evaluation and testing ofnew technologies on every step of the development path of clinical research from theew ec o og es o eve y s ep o e deve op e pa o c ca esea c o ebenchtop to the dental chairbenchtop to the dental chair.

The abstracts presented during the School of Dental Medicine 16th Annual ResearchSymposium are evidence of the innovation and collaboration being realized each day

T YY OOO

g j ytranslatiotranslational sciencnal science assets te assets that are avhat are availablailable to help researchersbbridge the gap bbetwebetween the benen the benchchwork they do and the impact

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U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N T A L M E D I C I N E6

RESEARCH AND THE FUTURE OF DENTAL MEDICINE

BEGINSHERE

The School of Dentaof Dental Medicine has behas been one of the f nation’s on’sleading research inssearch institutionstitutions for most oost of its long history.istory.Throughouthout the past the pa decade, thdecade, the schooe school has been a been a top-top-tier-ranked Nationad National InstituteInstitutes of Hs of Health (NIH)/Na (NIH)/National tional Institute of Dental ental and Cranioand facial Resacial earch (NIDearch (NIDCR) Cinstitutiou n. Fundingng frofrom these organizarganizations andtions and others,such as thh as e Departmement of Dent of Defense and pnse and private corpporations, onshas supported many types of ref research at earch at the school. Such succeh ssful research efforrts also cats also c n bbe traced to the o thcooperative approachapp taken together by rether by reesearch and clinical faculty. lty.

Presented, here, is ere, is influeinfluential new and ongoingoing research taking place in the n renowned Cenow enter for nter for CraniofaciCra al Regeneration (CCR) a(CCR) and the Cend the Centerter for Craniiofacial and nd Dental Genetics (CCDcs (CCDG) and whaG) and what it mt it means toto cliniciansnsand patients, and foa r the fututhe re of dentental medicinal medi e.

Salk Hall celebrated a building milestone in the opening of the Salk Research Pavilion. The Pavilion officially opened during a formal ribbon-cutting ceremony on September 15, 2015.

Dedicated entirely to research pursuits, the building provides roughly 81,000 square feet of additional space. Every floor has designated space for 125-square-foot offices, restrooms, a kitchen area large enough for 16 people to eat together, and high-tech conference centers—the largest seats 40–where researchers and clinicians, students and staff, can discuss the newest collaborative research efforts at the school. The laboratories have individual cold rooms and each floor shares space for sterilization and glass washing as well as a glass manifold. The building is wired with emergency power circuits to protect the freezers that secure various study cultures and growth mediums.

Corner conference rooms feature spectacular floor-to-ceiling windows that overlook Oakland with a view of the Monongahela River, a view that is certain to jostle the creative part of the scientific process.

Its exterior is a mix of dark and light gray stone imported from Germany with a modern interior. The most striking element upon entering the building is the glorious atrium featuring a massive painting by Pitt Professor Emeritus Virgil Cantini. The building has Silver LEED certification, which includes native beneficial plantings outside.

Salk Research Pavilion

1 6 T H A N N U A L R E S E A R C H S Y M P O S I U M 7

The Center for Craniofacial Regeneration is Pivotal to Today’s Growing Research

The Center for Craniofacial Regeneration (CCR) is a University of Pittsburgh designated Center of Excellence directed by Charles Sfeir, DDS, PhD, who also is the Associate Dean of Research, and chair of the Department of Periodontics and Preventive Medicine at the School of Dental Medicine. Both a clinician and researcher, Dr. Sfeir seeks new treatments for patients by undertaking some of the region’s most cutting- edge research.

Research studies in the CCR range from the molecular and cellular to the whole-organism level. Studies include fundamental biological phenomena related to the development, structure, and function of the craniofacial region and the development of new therapies, biomaterials, and diagnostic tools for the treatment of craniofacial diseases and disorders.

The focus of the CCR is in five areas:

• the development of bio-inspired materials for mineralized tissue engineering as well as understanding extracellular matrix proteins involved in mineralized tissue biology;

• the development of fixation devices using resorbable metals;

• the development of novel periodontal therapies using modulation of the immune system strategies;

• the development of tissue engineering strategies for pulp tissue regeneration; and

• translational research that involves pre-clinical animal models.

These goals guide various research strategies carried out by faculty and staff members, and doctoral and dental students representing different backgrounds. Much of the research undertaken in the Center is of an intraprofessional nature and involves other departments at the school. For instance, researchers in the CCR work together with clinical faculty members from the Department of Oral and Maxillofacial Surgery to seek surgical treatments for regenerating bone and other tissues, with the Department of Endodontics on pulp regeneration, and with the Department of Periodontics to develop treatments for patients with periodontal disease.

The CCR also reaches beyond the field of dentistry and works interprofessionally with many schools, departments, and areas of study at the University, such as the Schools of Pharmacy and Engineering. The CCR participates in interdisciplinary research efforts that are developing advances in engineering various tissue types for the treatment of functional and cosmetic wounds and defects of the face and skull. Many clinical and research faculty members at the school also are members of the University of Pittsburgh’s McGowan Institute for Regenerative Medicine, one of the premiere research centers in the nation bringing together varied disciplines from throughout the University.

CCR research receives funding from the NIH, the National Science Foundation, and the United States Department of Defense.

Dr. Juan Taboas research interests include Hydrogels.

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RESEARCH SYMPOSIUM

TH ANNUAL | MAY 18, 2016

U N I V E R S I T Y O F P I T T S B U R G H S C H O O L O F D E N TA L M E D I C I N E

16

University of Pittsburgh Institute for Entrepreneurial Excellence

Membership Brochure

M E M B E R S H I P

J o i n o u r

g ro w i n g c o m m u n i t y

o f re g i o n a l

b u s i n e s s l e a d e r s .

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An IEE membership provides opportunities for

personal and professional growth through

education, networking, individualized consulting,

and custom-matched peer forums. Membership

levels vary to meet the specific needs of

established entrepreneurs, families in business,

and strategic level executives.

Our flexible tiered membership enables you to

choose the level that best suits your needs.

To learn more about IEE membership, call

412.648.1544 or email [email protected]

P L A T I N U M

Company Level Membership (6 Members) $3400 annually EDUCATIONAL PROGRAMS

• Education program series • Summer Lunch & Learn series • Specialty programs included

HUNTINGTON BANK PEER FORUMS

Custom placement for up to 3 members

CONSULTING*

• 20 hours of director consulting • Additional hours at discounted rate • 2-hour mentoring session with Innovation Institute Expert-in-Residence • 1-hour consulting session with sponsor

NETWORKING

• 2 signature socials • Additional networking opportunities, plus events throughout the year • Exclusive invitations to speaker dinners and receptions • Lunch with Innovation Institute Director, IEE Director, or Program Area Director

* SBDC consulting services available to companies with under 500 employees at no cost.

G O L D

Company Level Membership (4 Members) $2400 annually

EDUCATIONAL PROGRAMS

• Education program series • Summer Lunch & Learn series • Specialty programs with discounted registration


Custom placement for up to 2 members

CONSULTING*

• 10 hours of director consulting • Additional hours at discounted rate • 1-hour mentoring session with Innovation Institute Expert-in-Residence • 1-hour consulting session with sponsor

NETWORKING

• 2 signature socials • Additional networking opportunities, plus events throughout the year • Lunch with IEE Director or Program Director


The IEE hosts monthly thought-provoking educational programs

delivered by renowned speakers on topics relevant to family-owned

and closely held businesses.


Professionally facilitated peer forums are held throughout the year

for entrepreneurs to exchange insights and experiences with each

other in a confidential environment. Each forum is composed of a

small group of carefully matched members who regularly meet to

explore the professional, family and personal aspects of operating

a business.

NETWORKING

Built on making connections, the IEE recognizes the importance of

networking. We provide opportunities for our members to become

better connected in the entrepreneurial community through monthly

educational seminars, annual socials, and relationship building events

throughout the year.

S I L V E R

Individual Level Membership (1 Member) $1100 annually


• Education program series• Summer Lunch & Learn series• Specialty programs with discounted registration


Custom placement for $400 annual fee

CONSULTING*

• 1 hour of director consulting• Additional hours at discounted rate• 1-hour consulting session with sponsor

NETWORKING

• 2 signature socials• Additional networking opportunities, plus events throughout the year

CUSTOM CONSULTING

A team of consultants are available to assist members throughout

every step of their business. Consultants specialize in:

• Financial Strategy & Loan Assistance

• Supply Chain Strategy

• Information Technology

• Marketing & Social Media

• Environmental Compliance and Assessment

• Product Development & Commercialization

• Family Business Consulting & Succession Planning

ADDITIONAL MEMBER BENEFITS

• Internship/Employee Placement Assistance through the

University of Pittsburgh

• Member Newsletter

• Access to IEE Member Directory

• Discounted Tuition for Entrepreneurial Fellows Class

• Access to Private LinkedIn Community

• Custom Website Assessment

• Secret Shopping


Annual Report

4

At the IEE, we support and help businesses build value through lifelong

learning. Our educational programs and workshops bring unique insights

from thought-provoking speakers to apply directly to businesses.

L I F E L O N G L E A R N I N G

Peer forums are held throughout the year for entrepreneurs to exchange insights

and experiences in confidence. Each forum is composed of a small group of

strategically matched members who regularly meet to explore the professional,

family, and personal aspects of owning and operating a business.

MEMBERS FROM 83 COMPANIES PARTICIPATED IN PEER FORUMS

“IEE peer forum

groups provide

a platform to

discuss important

business issues.

Business owners

relate to these

issues, and offer

insightful ideas

and solutions.”

CATHY ROGERS

President of

Aero Tech Designs, Cyclewear

5

Our competitive, year-long certificate program is open to CEOs, founders,

and business leaders looking to enhance their knowledge and expertise in

managing and growing their business. The Entrepreneurial Fellows Program,

now in its 16th year, has an alumni of nearly 500 companies.38GRADUATES OF THE ENTREPRENEURIAL FELLOWS PROGRAM

Topics included start-up workshops; financial management

and alternative funding options; human resource management;

leadership development; technology and innovation; digital

marketing; and navigating family businesses.2,240ATTENDEES ACROSS 108 IEE PROGRAMS

IEE assisted in the purchasing/opening of 59 businesses

IEE helped 45 clients secure funding totaling $16,646,092

2 0 1 5 N E W I N I T I A T I V E S

Federal Funds 23%

State Funds 11%

Foundation Grants 15%

Consulting + Educational Programs 3%

Sponsors 9%

Tuition 23%

Donations 3%

University Support 13%

2 0 1 5 H I G H L I G H T S

$ 1 , 9 6 3 , 4 0 9f u n d i n g t o t a l

Spanish Initiative

The IEE’s Small Business

Development Center has extended

its no-cost, confidential consulting

services to native Spanish speakers

who are interested in starting or

growing a business. Management

Consultant Victoria Lopez has

presented “Como Abrir Tu Negocio,”

a variation of our start-up business

workshops. These one-on-one

consulting services and workshops

are offered throughout the year.

EMAP

The Environmental Management

Assistance Program fostered

under the SBDC assists companies

with environmental issues and

regulatory affairs. Environmental

Consultant Lee Ann Briggs brings

over 28 years of environmental

regulatory-compliance experience

in both consulting and industrial

capacities.

Supply Chain Consulting

The IEE has recognized and

addressed the growing need

for professional supply chain

management expertise and

knowledge. The IEE works to

foster connections, assist in

development and expansion,

and provide perspective to

business owners seeking support

in their supply chain strategy.

2 TWO

Members 69% family business & 31% closely held

Clients 645 small companies looking to start or grow their business

27 PantherlabWorks clients working to bring a product

to marketplace or commercialize new technology

Jobs 713 total jobs impacted

489 jobs saved

204 jobs created

O U R C O M M U N I T I E S

A S N A P S H O T O F

T H E 9 0 0 B U S I N E S S E S

S E R V E D I N 2 0 1 5

Big Poppa’s Food Truck

Bike the Burgh Tours

Bridgeway Capital

Butler Gas Products Company

CrawfordEllenbogen LLC

Cuchina Safe, LLC

Dance Locker LLC

E Properties and Development

Eat’n Park Hospitality Group, Inc.

First Insight, Inc.

Kurt J. Lesker Company

Mancini’s Bakery

Robert Wholey & Company Inc.

Sabika, Inc.

Sarris Candies

Shadyside Inn & Suites

Spand-Ice

The Motherhood Inc.

Turner Dairy Farms, Inc.

Vestis

INDUSTRIAL EQUIPMENT

MANUFACTURING

ENGINEERING

CONSTRUCTION

PROFESSIONAL SERVICES

INNOVATION & TECHNOLOGY

APPAREL & RETAIL

ARCHITECTURE & DESIGN

TRANSPORTATION & LOGISTICS

HEALTHCARE & MEDICAL SERVICES

FOOD SERVICE & HOSPITALITY

REAL ESTATE

PRINTING & PACKAGING

MARKETING & DESIGN

SPORTS

HUMAN RESOURCES

ENERGY

L AW R E N C E

B U T L E R

A R M S T R O N G

I N D I A N A

B E AV E R

A L L E G H E N Y

W E S T M O R E L A N D

WA S H I N G T O N

FAY E T T E

G R E E N E

I E E E X T E N S I V E C O V E R A G E

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Business owners

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impac

2 0 1 5 A N N U A L H I G H L I G H T S

A PART OF THE UNIVERSITY OF PITTSBURGH INNOVATION INSTITUTE


Summer Social Postcard

JoinUs

for our annual

Phipps Conservatory

Tropical Forest and Special Event Hall

Monday, June 13, 2016

5:30 to 9:30 pm

Spouses and significant others welcome.Valet parking provided.

Summer Social

Please join us for our annual

Phipps Conservatory

Tropical Forest and Special Event Hall

Monday, June 13, 2016

5:30 to 9:30 pm

To register, visit ieesummersocial.eventbrite.com

Spouses and significant others welcome.

Valet parking provided.

Summer Social

tee.cccomm

iiaaaaaaaaaall

JoinUs


Entrepreneurial Fellows Brochure

PROGRAM COMPONENTS

Custom Curriculum

Our curriculum provides the necessary tools for fellows to continue to grow their

businesses despite the economic and competitive challenges they face every day.

Content is designed to help entrepreneurs become more productive, high-impact

leaders. Fellows obtain the latest subject knowledge, practice solution creation and

work on individual implementation plans. Faculty is carefully chosen for each class

based on a proven track record of teaching entrepreneurs and business leaders.

Confidential Mentors

Mentoring is a powerful tool for personal and professional development. EFC offers

a custom mentor match at the beginning of the year to complement the classroom

experience and help guide fellows through broader day-to-day challenges.

Peer Learning

In each class, fellows participate in peer learning activities that promote the

interaction between fellows, mentors and program faculty to share ideas and help

solve real day-to-day business problems. The result is a network in every sense of

the word.

Graduation

A certificate of academic achievement is awarded by the University of Pittsburgh

to all fellows completing the program during a formal graduation ceremony.

20years serving

regional business leadersover

2017 CLASS SCHEDULE

January

Building a Strategic Foundation is the

Key to Success

February

Moving from Strategic Planning to

Implementation

March

Financial Metrics and Dashboards

that Work

April

Leadership Competency:

Practices and Styles

May

Building and Growing Your Dream Team

June

Marketing and Beyond:

Setting Your Strategy Apart from

the Rest

September

Legal Business Overview:

What You Must Know To Keep Your

Business Running Smoothly

October

Developing the Ultimate Sales Machine

November

The Six Powers of Purpose—

Breaking Through the Entrepreneurial

Ceiling

December

Ready for Prime Time:

Connecting the Strategic Components

for Success

All classes are held at The Rivers Club, One Oxford Centre, Downtown Pittsburgh. Parking is readily available.

MEET THE FELLOWS

EFC has been a core component of the Institute for Entrepreneurial Excellence

since 1999. Alumni of more than 500 represent a cross section of regional

businesses including:

ABARTA

AccuTrex Products

Beinhauer Family Services

Berner International Group

Butler Gas Products

Celtic Healthcare, Inc.

De La Torre Orthotics & Prosthetics

Eyetique

Gateway Engineers

Guttman Energy, Inc.

Hunter Truck Sales

Jeanette Specialty Glass

Jendoco Construction

Koppers, Inc.

Kurt J. Lesker Company

LaCarte Enterprises

Lenzner Coach Lines/Coach USA

Mancini’s Bakery

Massaro Corporation

McGinnis Sisters Special Food Stores

Mr. John – The Holden Corporation

Molyneaux Tile Carpet Wood

National Church Solutions

Observer Publishing Company

Philip Pelusi

Pittsburgh Transportation Group

Rice Enterprises LLC

Sabika, Inc.

Snavely Forest Products

Turner Dairy Farms, Inc.

Two Men and a Truck

Universal Electric

15% 12% 18% 13% 18% 24% Construction Healthcare IT Manufacturing Professional Services Retail

JOIN EFC TODAY

Become part of a growing community of fellows representing a collection of

leading industries in the region. Over the course of the year, you will gain the

tools and relationships to better achieve business success. Fellows remain

active in a network of professional support that will last a lifetime.

ABOUT THE IEE

The Institute for Entrepreneurial Excellence (IEE), part of the University of

Pittsburgh’s Innovation Institute, has served businesses throughout Western

Pennsylvania for over 20 years. Offering a dynamic mix of consulting, education

and networking opportunities through five main centers, the IEE strives to be

an innovative leader in economic development in the region.

500 EFC Alumni since 1999

A part of the Innovation Institute

from

ENTREPRENEURIAL FELLOWS CLASS

A part of the Innovation Institute


Consulting Flyer

GENERAL CONSULTING

team provides expert advice through

t consulting services in a number of

opment

rategy

s & Licenses

anagement

SUPPLY CHAIN

sional supply chain management

a level appropriate for small

d growth. Services include:

gy

e Review

ment

itiatives

Management

nt

ofitability

Alignment

ENVIRONMENTAL MANAGEMENT ASSISTANCE

PROGRAM (EMAP)

DC, EMAP provides small business-

d assistance they need to effectively

ental concerns and reduce regulatory

ental compliance services include:

s

ns

Preparation & Submittal of Requests

quirements

Keeping & Reporting Systems

aterials & Processes to Reduce

& Plans

C O N S U L T I N G A T T H E I E E

The IEE offers a wide range of consulting services to address the complex

opportunities and challenges that entrepreneurs face.

FAMILY BUSINESS CONSULTING

The IEE can provide assistance to families as they work

together now and in future generations by offering the

following services:

• Succession Planning

• Ownership & Leadership Transition

• Working with Siblings & Cousins

• Boards of Directors

• Developing Next Generation Leaders

INFORMATION TECHNOLOGY (IT)

The IEE’s Information Technology consultants help

companies evolve current technology platforms and

strategically incorporate new ones. IEE IT services will help

analyze and enhance current IT strategies and investments

to create operational efficiencies and integration. Areas of

IT consulting include:

• Streamlining Information Systems

• Website Assessment

• Analyze Social Media Usage & E-Marketing Expenditures

• System Integration

• Software/Hardware Selection

• IT Related HR/Personnel Issues

PRODUCT DEVELOPMENT + COMMERCIALIZATION

Consultants provide the strategic knowledge and guidance

needed to bridge the gap from idea to commercialization.

Following an initial application and evaluation, clients begin

an intensive consulting engagement that leads to a plan and

timeline to bring a new product, service or technology to

market. The development and consulting process includes:

• Production & Experience Overview

• Market Analysis

• Intellectual Property Strategies

• Grant Writing

• Business Model Development

• Funding Opportunities

• Prototype to Product Development

Interested in receiving consulting? Contact Ray Vargo at 412.648.1542 or email [email protected]

3520 Forbes Avenue Pittsburgh, PA 15261entrepreneur.pitt.edu

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The Institute for Entrepreneurial Excellence (IEE),

part of the University of Pittsburgh Innovation

Institute, has served businesses throughout Western

Pennsylvania for over 20 years. The IEE educates

and serves entrepreneurs through personalized

support at every step of the business lifecycle. We

achieve our mission to be an innovative leader of

economic development through five main centers:

SMALL BUSINESS DEVELOPMENT CENTER (SBDC) provides

educational seminars and confidential, no-cost consulting to

existing businesses and prospective entrepreneurs. The SBDC

provides guidance in all aspects of starting and operating a

successful business.

MEMBERSHIP provides opportunities for personal and professional

growth through education, networking, customized consulting and

custom-matched Huntington Bank peer forums. Membership levels

vary in order to meet the specific needs of established entrepreneurs,

families in business and strategic level executives.

PANTHERLABWORKS is dedicated to helping entrepreneurs

turn original ideas into profitable action. Through the development

and launch of new products, PantherlabWorks assists in market

research, financial planning and securing funding. PantherlabWorks

also helps existing companies identify innovative opportunities such

as product and process improvement.

ENTREPRENEURIAL FELLOWS CLASS (EFC) offers a

competitive, yearlong certificate program open to CEOs, founders

and business leaders looking to enhance their knowledge and

expertise in managing and growing their business. Participants

benefit from custom-designed programs and materials, individually

matched mentoring and opportunities for peer learning and

sharing—all while building leadership skills for sustained success.

URBAN & COMMUNITY ENTREPRENEURSHIP PROGRAM

(UCEP) specializes in helping urban and community-based

businesses grow through educational workshops, consulting

services and collaborative partnerships. Additionally, UCEP

offers a six-month Community Power to Prosper certificate

program designed to help established business owners grow

their companies.

IEEAbout the

Institute for Entrepreneurial Excellence

University of Pittsburgh Innovation Institute

2016 Impact Brochure

314

* (cumulative since 1997)

Total third-party tal th partyinvestment in mentPITT startupsps*

$965,000,000

12 Startups formed(student-run)

13 Startups formed(Pitt-licensed)

25 Total number of startups formed d

$7.3 MillionRevenue

FISCAL YEAR 2016

6Number of mmbeUPMC alliancenP alliaagreementstsa

128 248 Number of other agreements

Startups since inception

80nts issued

121

Innovation Commercialization

$1,297,703Total support from foundations, sponsors, grants & donors

913Jobs createdor retained

199 Members of IEEEs EMeM

50 People in EIF programeo mro e propple iP

160 Community Power to Prosper participantso er PouC toy Pityity P

52 Interns placed in IEE companiesrn n edpIn EEacpla n IEE

Regional Economic Development | Institute for Entrepreneurial Excellence

73 New companies nformed or purchaseda

9,582Hours of business consulting

919Businesses serveds

$12,135,718Amount of financingand equity secured

$28,499,789Sales increaseses es serenc

2,691who have participated in IEE programs

33% Percentage of student companies whoenter local accelerators or receive funding

$3,652,712Total amount of Total amT fpre-commercialization gapp ion funding deployedun

PITT inventors nservedd

950PITT innovators served

1,941

Student Entrepreneurship

37 Students in theLiving LearningCommunity

Student teamsin BlastFurnace

40

Students participating in programs & competitions

1,041

75 in RandallFamily Big IdeaCompetition

IMPACT

The University of Pittsburgh Innovation Institute made significant progress toward its mission of fostering the University’s culture of innovation and entrepreneurship during Fiscal 2016.

This progress is reflected in our Fiscal 2016 results, with Pitt refleInnovators setting records for the number of invention disclosures of rsubmitted, patents issued, and number of startup companies formed f sts mearound Pitt discoveries. We also had more than 1,000 faculty, students reov s ntstu sand staff participate in our entrepreneurship educational programming.rsip ngminra .

The Institute’s programming and partnerships expanded in kind tone p od tn kmeet the growing demand for entrepreneurship education, funding fororprw dinundoncommercialization activities and professional mentoring.ofiz g.

New partnerships formed during the year with the Keiretsu Forum m te FetsKeMid-Atlantic angel investment network and Osage University Partners,Pane artnent rsinive sity Partne Osawhich provides venture capital funding to promising university-based ityal ty-bro veg uspromising univsing univpromispromstartups, are providing new opportunities for Pitt Innovators to moveorsop ors s, ovaInP s to movenities f ovefor PitPportunortutheir discoveries from the lab to the marketplace.abs ce.tplo the mthe

The Innovation Institute responded to the entrepreneurial passion of eues prenn rentrhe urial Pitt students with the debut of the Blast Furnace student startupstueb nacest ceFurast e stuaccelerator. Of the nearly 40 student teams that participated in thepar ms tce haamt t s thainitial three cohorts, 10 went on to be accepted into highly competitiveed 10 acti ptao be accregional accelerators, including AlphaLab and AlphaLab Gear. Fiscalndrs phaeg b ahaAlAlpha2016 also witnessed the launch of the Innovation and Entrepreneurship novse h o2 Innof chLiving Learning Community, a residence program for freshmen students e pCo y, a L nceres, ainterested in pursuing entrepreneurial endeavors during their Pitt years.eurs ntre alrenre

Through our Institute for Entrepreneurial Excellence, we also hadneuIn ute enEntorsignificant impact on regional economic development. Through theconm act ecogion rIEE’s networking and consulting programs and services, we servedngoorkin tincoandover 900 businesses, helping to form or purchase more than 70ng b0 bu nges,ssbusinesses, leveraging more than $12 million of financing and equityoresseness morrageveinvestment, and generating nearly $30 million in sales increases for atinmnves atind ganparticipating companies.iesci iecong

The Innovation Institute begins operating on a new strategic plan in Fiscalstite titvatno2017 that sets ambitious goals for engaging more Pitt Innovators andam0 mhat7 tmore partners in the University’s innovation ecosystem. In addition tos inm inpaoreoperating out of newly renovated offices, we have launched an improved ut t oeraopwebsite and continue to expand our roster of entrepreneurs-in-residence, ndd webwwho work closely with our faculty to guide them along the path of orkk cwinnovation commercialization. And with the $1 million in ChancelloratioInnovation Commercialization Funds established last fiscal year beingovvatdeployed, we look forward to another robust year of translating Pitt-depplodeveloped innovations into products and services that have an impactdevon society and improve people’s lives.o

Pitt Innovator Heather Bansbach is translating her research at the

Pitt Neuromuscular Research Lab into AccelMOTION, a company that

provides remote data collection and analysis for physical therapy.

As we commemorate

20 years of serving Pitt

Innovators this year and

reflect on the

evolution of

technology

transfer at the University

during that time, we do

so with our gaze fixed

firmly on the horizon as

we launch v2.0 of our

organization.

Universityr

314 Invention disclosures

* (cumulative since 1997)

Total third-party tal th partyinvestment in mentPITT startupsps*

$965,000,000

12 Startups formed(student-run)

13 Startups formed(Pitt-licensed)

25 Total number of startups formed d

IMPACT

$7.3 MillionRevenue

FISCAL YEAR 2016

6Number of mmbeUPMC alliancenP alliaagreementstsa

128 248 Number of other agreements

Startups since inception

80U.S. patents issued

121se onsssses

Innovation Commercialization

$

YYEEEEEAAREEEEEAA

66

88000000U.S. patenLicenses/options ee onssses

Making an Impact!

2 16Fiscal Year in Review