Entrepreneurship at the Technion

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Entrepreneurship at the Technion
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Bronica Entrepreneurship and innovation Center
(BEIC)

• Main goals
• Become the focal point for the development of
  campus wide entrepreneurial activities, for
  students, faculty, staff and alumni
• Work in partnership with the Technion Research
  Development Foundation to identify promising
  technologies and assist in commercialization
• Strengthen university and industry relations
  through joint research and action learning

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The Staff
Prof. Uzi De-Haan- Chairman
Prof. in entrepreneurship and strategic
management with Ph.D from the IEM faculty.
Founder and former CEO of Philips Israel
Sharon Itzkovitch- Executive Director
M.Sc in strategic management
from the IEM faculty. Adjunct lecturer in
marketing
Dr. Tal Schwartz- Director
Visiting Scientist in finance and
entrepreneurship at the IEM faculty, with Ph.D
from Cornell University. Serial Entrepreneur.
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• Three Pronged Mission

• Outreach providing direct consultation for
  budding entrepreneurs, including ongoing
  mentoring, connections to external resources,
  organizing networking event and more
• Teaching support, organize and teach
  entrepreneurship, using an action learning
  approach, both inside and outside of the
  classroom
• Research understanding of innovation and
  technology entrepreneurship and its contribution
  to economic growth. Close cooperation with Samuel
  Neaman Institute

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• Outreach Activities

• Free Startup Advisory Services (FSAS)
• Budding entrepreneurs are mentored and helped
  along every step in the process of launching
  their startup
• In the past semester over 25 startups have
  received free advisory
• Unilims (MBA students) due to the ongoing
  assistance we managed to develop the full
  marketing and business plan... We realized that
  the hypothetic idea we had been working on for
  almost six months, had already grown up to a real
  potential that could seriously become a startup
  company in a near future

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• Outreach Activities

• The Entrepreneurship Club (E Club)
• A student organization committed to fostering
  thinking and discussion on entrepreneurship
• The E club meets every two weeks and provides
  the students a place to meet fellow young
  entrepreneurs and learn from one another
• The club invites speakers from industry to give
  educational talks
• The club includes over 100 students from all
  faculties (both undergraduates and graduates)

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• Outreach Activities

• Entrepreneurship Website www.yazamut.technion.ac.
  il
• A Hebrew website offers a wealth of practical
  knowledge
• Learn about the entrepreneurial path (how to
  write a BP, how to raise money, how to open a
  company) through summarized information, samples
  and important links
• Contact BEIC for entrepreneurial support and
  submit basic information for first filtering
• Post ads for employees / investors seeking
• Forums on entrepreneurial topics

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• Outreach Activities

• BizTEC the Annual BPlan Competition
• The first Israeli student-led entrepreneurship
  contest, running for the 3rd year with great
  success
• BEIC supports BizTEC both logistically and with
  content (Academic director, workshop planning,
  judges etc)
• BEIC provides follow-up and guidance to all
  BizTEC participants

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• Teaching- Courses on Campus

• Entrepreneurship lectures (Prof.Shechtman)
  elective
• Entrepreneurship and IP Technion (under)
  graduates, 96815,elective
• (given twice in semester A and B)
• Introduction to Entrepreneurship (MBA) 98788
  obligatory
• Selected topics in Innovation (graduates,MBA)
  99745 elective
• From patent to business plan (MBA and graduates)
  99768 elective
• Growth and biz development of high tech
  companies (MBA)
• How to launch and run a software company
  (MBACS) 98727
• Finance and Entrepreneurship (MBA) 98793,
  elective

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• Teaching Activities

• Action Learning Courses
• BEIC offers entrepreneurial education in a
  systematic fashion by broadening the scope and
  increasing the number of entrepreneurship
  courses. Some examples
• From Patent to First Investment teams composed
  of graduates and MBA students develop business
  plans for patent invented by Technion
  researchers. As a result of the first two
  courses, two startups received an investment.
• Entrepreneurship and Intellectual Property
  intended for undergrads and grads from across the
  Technion, the course aim is to provide knowledge
  and tools on how to start a technology venture
  and how to create and protect IP.

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• Research Activities

• Cross- Disciplinary Research
• Support research in entrepreneurship, innovation
  and strategic management and their interaction,
  with Prof Mia Erez, Avi Fiegenbaum and Uzi de
  Haan
• Currently six graduate students are involved in
  action research and clinical research projects
• Research subjects include technology transfer
  in universities, team characteristics and the
  entrepreneurial process, opportunity recognition,
  and entrepreneurial education.

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Specific research interests of Uzi de Haan

• Technology Transfer / Knowledge Spillovers
• on opportunity (product/service), inventor,
  institute and industry level
• Innovation and Entrepreneurship in Services
• Emerging organizations established to exploit
  opportunities from the pre-firm, invention phase.
  (roles and competences, incentives, path
  dependence, social capital, HR due diligence,
  agency and ownership)
• Education of Entrepreneurs- Enhancing success of
  new ventures and innovation systems

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• Additional Activities Planned by BEIC

• Outreach
• Technion Innovation Lab a workroom with
  flexible workplaces, computers, wireless internet
  and more for student teams working on new
  ventures
• Technion Seed Fund for Student Startups provide
  a very early stage funding for Technion student
  based startups
• Entrepreneurial Student Exchange Program
  creating lasting ties between Israeli and US
  students, passionate about entrepreneurship, by
  exchanging summer delegations
• Annual Technion Entrepreneur of the Year Award
  Gala Dinner recognize the Technion alum that has
  made a lifetime contribution to the business
  community in Israel

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• Additional Activities Planned by BEIC

• Teaching
• Visiting Adjunct Faculty from business
  faculties and entrepreneurship centers around the
  world
• Paid Summer Internship Program best
  undergraduate students will work at a startup
  company to gain real world experience
• Certificate Program for managers and
  Entrepreneurs an accelerated and intense program
  offered to experienced students. To be developed
  jointly with TIM
• BEIC Newsletter an electronic newsletter
  surveying the latest entrepreneurship news and
  activities in the Technion and in Israel.

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• Additional Activities Planned by BEIC

• Research
• Cooperation with Entrepreneurship Centers from
  Around the Globe for joint research projects and
  cross-cultural activities
• Cooperation with Israeli Industry for promoting
  action research based on real world demand