Changes

Penn State offers many Innovation and Entrepreneurship resources varying from classes, to organizations to attaining funding for entrepreneurial activities. Its biggest contributor of growth has been the "Invent Penn State" initiative, started in 2015. It was a pet-project of the current President, Eric Barron, and has lead to buildup of entreprenuerial resources in nearly every facet of Penn State life. There are over 150 classes offered in the varying areas of entrepreneurship. There are 5 minors offered in the umbrella topic of entrepreneurship, along with a semi entrepreneruial B.S.as well as "Launchboxes" (innovation hubs/Mincubators) at every campus in the ecosystem.B.A program. Penn State is Lots of the home to three research centers and two entrepreneurship and innovation centers. By holding continous events growth has been spurred on by various student organizations such as Global Entrepreneurship weekInnoblue (the primary entreprenuership club on campus), Ultimate Trader ChallengeHackPSU (organizes by yearly hackathons with corporate sponsors), HackathonsEnactus (a project-based social entreprenuership club), Pitch and Happy Valley Capital (a VC interest club). Penn State also has pitch competitions, Springboard competitions, PSU covers a wide area of student interests in innovation and entrepreneurshipnearly every academic discipline for startup ideas. There are only Lastly, Penn State has a few areas lacking large industrial park, dubbed "Innovation Park", for Penn State local and university startups to become a fully functional entrepreneurial schooloperate. 

The main two areas Although Penn State has done a great job in building up these opportunities, there are still some ways we believe we can improve. We would be Perceived and Applied strategies like to provide more inspiration for students to become entrepreneurs, provide a greater culture of entrepreneurship. Specificallyentreprenuership, Penn State needs to improve on speaker series and connection with current entrepreneurs increase the visibility of suitable entry points in to the perceived strategycommunity. In the applied strategyWe will carry out these goals by increasing VC presence, students need a place providing entry information to work creatively with their ideas. They also need a way to gain experience in an entrepreneurial settingfreshmen, and elevating successful entreprenuerial alumni.

Link Following are an array of strategies that will fully address Gap #1 over a 2-3 year period: == Step #1: Exploring New Marketing Channels for Content == *Description: The current Invent Penn State marketing channels are good at keeping students engaged, however we think that we need different outreach channels if we truly want to Prezi overview of campus make our ideas a success and grow the ecosystemas whole.*Some ideas:*Postering Campaign (our poster prototypes worked well)*Pitching at Student Organizations*Banners?*Pushing students to join the existing mailing list*Innoblue Website

{{== Step #Widget2:Prezis|idAlumni Centered Content ==r4wkf5-ryonh}}

*Where: [Google Hangout On Air <Following are an array of strategies that will fully address Gap #2 over a href="<a href="[http2-3 year period://www.google.com/+/learnmore/hangouts/onair.html http://www.google.com/+/learnmore/hangouts/onair.html]">[http://www.google.com/+/learnmore/hangouts/onair.html http://www.google.com/+/learnmore/hangouts/onair.html]&lt;/a&gt;">[1]&lt;/a&gt; or other existing meeting of students interested in I&E in Engineering.]*When: [Date, Time]*RSVP: [your email address, google form, eventbrite or meetup link]

= Strategy #1= Primary Tactic: Perceived - Bettering Speaker Series<br/> Increasing VC Presence ==

Following are an array *Description: We have noticed that many of strategies the US Entreprenuership hubs have a booming VC environment to accompany the growing businesses. Our hope, is that by increasing visits from major VC partners/companies, we will enable more local/university based startups to florish. This will fully address Gap #1 over in turn increase our reputation as a 2-3 year periodstartup university and attract more VCs.*Ideas:*Investor Bus Tours like [https://www.events.revolution.com/ Rise of the Rest]*Elevating the few VC firms that are present at Penn State:1855 Capital and Contrary Capital*Work to increase Contrary Capital's presence on campus

== Secondary Tactic #1: Outreach group, Logistics group, Marketing Group Changing the Rules ==

*Description: Get three different groups on campus Penn State currently has a rule that are concentrating on promoting entrepreneurship no revenue generating business can be started or operated on campus. By splitting them up into committees, it easier If we want to mark progress. The outreach group would be responsible for reaching out take our ecosystem to alumni and businessesthe next level, interviewing them, convincing them to speak at PSU, and knowing their availability. The logistics group would be responsible for all PSU-backend things, such as booking rooms, finding PSU availability, and confirming dates and times with speakers. The marketing group would be responsible for marketing the speakers to students to increase involvement. Each committee will have a head who that is responsible for making sure something that work gets done in a timely mannerwill really need to change.&nbsp;*Team Leader:: Entrepreneurship Speaker Overall*Milestones:&nbsp;*Find interested students 2/13*Make committess 3/13*Get a lineup of speakers 6/13*Start speaker series 10/13

== Tactic Strategy #23: Department Board =Increasing Entry Point Quality and Visibility =

*Description: One faculty member and one student from each department will sit on a boad There are two main tactics we plan to inform the other departments regarding all entrepreneurial activities including, but not limited employ for increasing ease of access to, speakers. Then it can be decided whether that speaker coud also visit another department, or if they could hold a meet and greet with a few students.*Team Leader:: Department Outreach*MilestonesPenn State's I&E ecosystem:&nbsp;*Find department heads who are interested, and inform them of the board 12/13*Get department head to suggest a faculty, who will then suggest a student 2/13*Hold first meeting 3/13

= Strategy = Tactic #1: Creating a Checklist ==<div style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-size: 12pt; font-family: Calibri, Arial, Helvetica, sans-serif;"><br/></div><div style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-size: 12pt; font-family: Calibri, Arial, Helvetica, sans-serif;">Description: We are hoping to create a small and easy to use checklist for Freshmen to use to explore the I&E ecosystem. We want to include this resource in the NSO materials that accepted students receive when they first arrive on campus. The checklist will be a simple flyer with little tasks that students can accomplish to "get their feet wet" in the ecosystem.<br/></div><div style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-size: 12pt; font-family: Calibri, Arial, Helvetica, sans-serif;"><br/></div>== Tactic #2: AppliedSpend A Summer Day ==<div style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-size: 12pt; font-family: Bettering Innovation Spaces and CommunicationCalibri, Arial, Helvetica, sans-serif;"><br/> </div><div style="caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-size: 12pt; font-family: Calibri, Arial, Helvetica, sans-serif;">Description: The university has a "Spend A Summer Day" program that allows prospective students to explore academic disciplines or colleges that they may be interested in at Penn State. Given that Invent Penn State as nearly as many facets as a college, we believe that we can create an information session that students can attend which allows them to get a taste for the PSU I&E resources. Additionally, students voluntarily sign up for these session, which means we would be getting in front of the interested demographic.</div><div><br/></div>

*Description'''Current Fellows: By building two innovation spaces to foster two different type of businesses, students will want to venture more into entrepreneurship. For a service based business, the innovation space should be built in the business school. For a product based business, the innovation space should be built in the engineering or IST school. The product based innovation space should include woodwork and manufacturing machinery.*Team Leader:: &nbsp;TBD*Milestones:&nbsp;*Talk to department heads/president of university 12/13*Get student, faculty and alumni support 3/14*Find donors 6/14*Construct a plan with heads of the university 10/14'''

== Tactic #3'''Previous Fellows: Hosting Start-up/Entrepreneurial Section at Penn State's Career Fair ==''

*Description: Penn State invites over 500 companies to recruit during the career fair, and almost none of them are small companies. Many Penn State students want to do something entrepreneurial but lack experience. By hosting a startup section, or an entrepreneurial section during the career fair, students will be able to talk to companies that they want to work for. This allows them a chance to enhance their entrepreneurial skill while ganing experience.&nbsp;*Team Leader: [[Mridul Bhandari*Milestones:&nbsp;*Talk to companies to gage interest 10/13*Talk to career fair administration 11/13*Talk to Engineering and IST department heads for a push to career fair administration 12/13*Contact startups and entrepreneurship companies 2/13*Hold a test run 3/13*Construct sustainable plan 5/13]]