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= Student Entrepreneurship =<div>[[File:Villanova.jpgb.png|center|Villanova.b.png]]<br/>---- <br/><span style="font-family:georgia,serif;">Students are active inside and outside of the classroom when it comes to advancing their sense of entrepreneurship. Formally, Villanova offers two minor programs, and a certificate program for sophomores in entrepreneurship. A common minor for engineers is '''Engineering Entrepreneuship. '''This minor incorporates technology into a curriculum which gives students the basic tools they need to create and develop a marketable product. Students in this course start with the basics of product ideation and follow a sequence that brings them through the final steps of marketing their product and securing their intellectual property.</span> <span style="font-family:georgia,serif;">For business and arts students, Entrepreneurship is available as a minor and geared towards teaching students the business fundamentals involved in a starting your own venture. This minor pays special t</span><span style="font-family:georgia,serif;">ribute to the significance employers place on intrapreneurial ability regardless of position in the company. These classes encourage Villanovans to think creatively and hone in on entrepreneurial skills such as creativity and innovation even within any organization.</span> <span style="font-family:georgia,serif;">Another popular option among sophomore students is the '''ICE CaPS '''certificate program. This program lets students meet with mentor</span><span style="font-family: georgia, serif;">s, chat </span><span style="font-family: georgia, serif;">with CFOs of start-ups, and collaborate with other students, creating a very hands-on curriculum that enhances their entrepreneurial abilities.</span> <span style="font-family:georgia,serif;">Beyond these for-credit opportunities, there are a number of on extra-curricular displays of student entrepreneurship. Villanova held its fourth annual '''TEDx''' in the fall of 2015 and it wa</span><span style="font-family: georgia, serif;">s a great success. A number [[File:VillanovaTedx.png|thumb|VillanovaTedx.png]]of </span><span style="font-family: georgia, serif;">short speeches given by students, graduates and faculty members revolving around the theme of “Let's Imagine” were astoundingly thought-and-conversation provoking. Between conferences, as </span><span style="font-family: georgia, serif;">is </span><span style="font-family: georgia, serif;">customary with TED events, the inspired audience was able to network and connect.</span>
<span style="font-family: georgia, serif;">The </span>'''Villanova Student Entrepreneurship Competition (VESC) '''<span style="font-family: georgia, serif;">provides a more hands-on approach to entrepreneurial education. This student-only competition focused on making the world a better place was founded in 2009 by graduate engineering students Ronald Warzoha and Timothy Montalbano, and it operates with the </span>'''Beyond Ideas: The Art of Entrepreneurship '''<span style="font-family: georgia, serif;">group (See Faculty Entrepreneurship). The c</span><span style="font-family: georgia, serif;">ompetition allows students to showcase ideas by pitching them initially on the </span>'''IdeaBounce '''<span style="font-family: georgia, serif;">page. This publicizes their idea and shares it with the Villanova network, helping them hunt down any resources necessary to further their idea (and can be done by anyone at any time even outside of the VSEC competition). For further stages of the competition the students pitch their idea, create a video, executive summaries, posters and financial tables to persuade a panel of judges. The top teams walk away with $10,000 total in prizes.</span>
<span style="font-family:georgia,serif;">Students are active inside and outside of Another prevalent competition is the classroom when it comes to advancing their sense of entrepreneurship. Formally, '''Villanova offers two minor programs, and a certificate program for sophomores in entrepreneurship. A common minor for engineers is '''Engineering Entrepreneuship'''Innovation Chase. '''This minor incorporates technology into For this competition three teams of engineering students go through a curriculum preliminary round at Villanova in which gives students the basic tools they need come up with a solution to create and develop a marketable productproblem- several years ago it was an on-campus transportation problem. Students in this course start with The students work through the basics process of product ideation researching, designing, prototyping and follow presenting their solutions to a sequence panel of judges. The top two teams that brings them through survive this qualifier travel to the final steps of marketing their product and securing their intellectual propertyannual '''Chicago Innovation Chase''' intercollegiate-student entrepreneurship competition.</span>
<span style="font-family:georgia,serif;">For business and arts students, Entrepreneurship is available as a minor and geared towards teaching students A number of these small-team oriented competitions exist on Villanova’s campus (multiple others are mentioned in the business fundamentals involved in a starting your own ventureUniversity-Industry Collaboration section). This minor pays special t</span>httpThough they allow an incredible, immersive [[File://universityinnovationVillanovaImaginationquest.org/images/6/6f/VillanovaTedxpng|thumb|VillanovaImaginationquest.png<span style="font-family: georgia]]experience for their participants, serif;"></span><span style="font-family:georgia,serif;">ribute to the significance employers place on intrapreneurial ability regardless quantity of position students who can be active in the companythem is limited. To mitigate this problem Villanova developed '''Imagination Quest. These classes encourage Villanovans ''' This is an on-campus competition that is open to think creatively all students and hone in takes place over 24 hours. Students enter as individuals then form teams. As the name suggests, they are then sent on entrepreneurial skills such as creativity a “quest” to discover opportunities, develop ideas, designs, and innovation even produce a business pitch, all within any organizationthe 24 hour time limit. Another popular option amongst business Throughout the process, students can present to a judging panel and arts students is the '''ICE CaPS '''certificate program for sophomoresreceive feedback from mentors. This programs competition lets students meet with mentorsexplore, chat </span><span style="font-family: georgia, serif;">with CFOs of start-upsimagine, and collaborate with other students, creating be creative in a very handsfast-on curriculum that enhances their entrepreneurial abilitiespaced, high energy level environment.</span>
<span style="font-size:small;"><span style="font-family:georgia,serif;">Another prevalent competition Similar to the Imagination Quest is the '''VillanovaAndriod Hackathon''' '''Innovation Chase.''' For this competition three teams of engineering students go through , hosted once a preliminary round at Villanova in which they come up semester and is usually co-hosted with a solution to a problem- last year it was an on-campus transportation problemcorporate sponsors. The students work through the process of researching, designingThere are two prompts, prototyping one general and presenting their solutions to one corporate specific. Each prompt has a panel of judgessepartate prize. The top two teams that survive this qualifier travel to the annual '''Chicago Innovation Chase''' intercollegiate-student entrepreneurship competitionentire challenge takes place in a span of 48 hours.</span></span>
<span style="font-family:georgia,serif;">A number of these small-team oriented competitions exist on Villanova’s campus (multiple others are mentioned in There is also the University-Industry Collaboration section). Though they allow an incredible, immersive experience for their participants, the quantity of students who can be active in them is limited. To mitigate this problem Villanova developed '''Imagination Quest.Spark Competition''' This is an on-campus competition that is open to all , a two day program where students and takes place over 24 hours. Students enter as individuals then form teams. As the name suggests, they are then sent focus on a “quest” to discover opportunities, develop ideas, designs, and produce a business pitch, all within the 24 hour time limitsolving real world problems brought forward by industry partners. Throughout the process, students can present Student work along side members of industry to a judging panel and receive feedback from mentors. This competition lets students explore, imagine, and be creative in a very fast-paced, high energy level environmentfind solutions.</span>
<span style="font-family:georgia,serif;">Beyond available courses and competitions, Villanova is also home to student-run clubs such as the '''Villanova Entrepreneurial Society'''. The Entrepreneurial Society works with existing entrepreneurship programs and tries to spread as much information as possible across campus concerning events, opportunities, speakers, etc. A large project they have taken on is the creation of a directory of Villanova community members who are involved in entrepreneurial ventures.</span>
<span style="font-family:georgia,serif;">For students who have innovative attitudes but are interested less in the business side of entrepreneurship and more in social entrepreneurship, there are opportunities for this as well. Namely, '''Engineers Without [[File:VillanovaEwb.jpg|thumb|VillanovaEwb.jpg]]Borders''' and '''Business Without Borders''' exist primarily as philanthropic organizations which improve the world through innovative and creative action. The Business Without Borders group was created in 2009 and has been working in Nicaragua, Kenya and the Philippines on international development projects. More locally in the Philadelphia area, the students have united with the IRS and nonprofits to help low income people with tax returns. The group is largely inspired by entrepreneur Blake Mycoskie- the founder of the for-profit company TOM’s Shoes that is famous for its non-profit subsidiary and philanthropic initiative. In the past, the group has brought him to campus to speak to students about the potential for uniting profit and social benefit.</span>
<span style="font-family:georgia,serif;">Engineers Without Borders has a similar, global initiative. This group travels to various locations and countries to implement sustainable engineering projects. Currently, they are working with the native Embera people in Panama. The Embera village is only accessible by dugout canoe, and the villagers struggle to communicate with others because of unsophisticated electrical systems. Villanovans in the group are working on innovative solutions to bring power to the tribe and improve their communication systems.</span>
<span style="font-family:georgia,serif;">Another group with a similar initiative is '''Water for Waslala. '''This organization is a non-profit that works to solve crises concerning accessing clean water in Waslala, Nicaragua. Not only does the student group work to find funding for solutions, but they also utilize innovative thought to create technical solutions themselves.</span>
<span style="font-family:georgia,serif;">As a final note, a number of students are in the process of or have already brought their ideas to life using aforementioned resources combined with resources at the newly formed '''ICE Center'''. This Center for Innovation, Creativity and Entrepreneurship at Villanova works to accelerate opportunities for students across disciplines and colleges so they can develop their entrepreneurial ability and learn from each other to become more innovative thinkers. For example, the ICE Center typically has an a its very own Entrepreneur in Residencethat works with students throughout the week. This is an alum (currently Eric Adams) or a member of the community, who has experience with Entrepreneurship and comes in to educate Villanovans about effective ways to engage startups. Another interesting opportunity that the ICE Center provides is '''Phillanova ICE'''. This program supports students who wish to connect with the Philadelphia entrepreneurship ecosystem. ICE helps students fund their entry and travel to various events across the Philadelphia area. Events that aren’t already preapproved parts of the program can be requested by students who wish to access them. </span>
<span style="font-family:georgia,serif;"> </span>
= Faculty Entrepreneurship =
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<span style="font-family:georgia,serif;">Villanova Faculty members are active participants in an entrepreneurial lifestyle, and their lasting careers as entrepreneurs inspire the students. This year Professor Edmond Dougherty, - assistant professor of engineering and director of the Engineering Entrepreneurship program, - was recently honored with the faculty '''Meyer ICE award'''. This award was created and endowed by Patrick Meyer, a 1974 graduate of the Villanova School of Business. The award is meant to recognize those who embrace an innovative, creative, and entrepreneurial spirit. Professor Dougherty embodies these traits and showed this by helping to create the Engineering Entrepreneurship minor. On campus, Dougherty is a VSEC committee member, he manages ECE Senior Capstone Projects and ECE Day, and he is a founder of the Beyond Ideas program which has let him lead student entrepreneurship teams in competitions like the Ford Contest and Innovation Chase. Outside of Villanova, Dougherty has over a dozen patents in his name, and is the president of Ablaze Development Corp, founder of Wavecam Media, and founder of August Design, LLC.</span>
<p style="text-align: center;">{{#Widget:Youtube|id=fyXBJ2RjQW4}}</p><p style="text-align: center;">Patrick Meyer, creator of Meyer ICE Award, speaking at TEDxVillanova</p>
<span style="font-family: georgia, serif;"> A number of professors and faculty members, including Edmond Dougherty, collect to form the </span>'''Beyond Ideas Committee'''<span style="font-family: georgia, serif;">. As aforementioned this committee works in tandem with the Villanova Student Entrepreneurship competition. The committee is dedicated to uniting all five of Villanova’s individual colleges through entrepreneurship related events that they hold. This allows graduate law students, engineering students, arts and sciences students, nursing students and business students to unite and use their unique talents to teach each other and collaborate. </span>
= University Technology Transfer Functions =
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<span style="font-family:georgia,serif;">[[File:Villanovamdl.png|thumb|Villanovamdl.png]]Villanova currently has an '''Office of Sponsored Research Program (OSRP) '''that has potential for expansion'''. '''This program helps students who are looking to patent an idea or license a productp</span><span style="font-family: georgia, serif;">roduct. They facilitate the process in accordance with the University policies for intellectual property, and assist in the student’s search for external resources and sponsors.</span></div><div><span style="font-family:georgia,serif;">Students can connect and collaborate in the '''Multidisciplinary Design Lab, '''which has a 3D printer available, and the '''Machine Shop''', </span><span style="font-family: georgia, serif;">which offers a number of machines and materials available </span><span style="font-family: georgia, serif;">for the development of prototypes. Also, the law school library has a meeting environment for students. </span> <span style="font-family: georgia, serif;">The college of Engineering has recently renovated two labs as '''Interdisciplinary Innovation Labs'''. These rooms contain smart technology, open space, and are available for all Villanova Students to utilize. Members of the '''Engineering Entrepreneurship Minor''' meet in those labs for their classes. The layouts of these rooms are used to help inspire creativity in the students who utilize them. The college of Engineering also plans to expand the building to include a new '''Student Learning Commons''' and '''Innovation Wing.''' These areas will be designed to help students realize their fullest potential. </span>
<span style="font-family:georgia,serif;">Other resources where The School of Businesshas recently undergone some renovations. There is a more open flow in the building, to help students can connect feel more comfortable and collaborate include the let their ideas prosper more. There is a new '''Multidisciplinary Design LabInnovation Classroom, '''which has a 3D printer available, glass doors and the whiteboard walls. Students pursuing an '''Machine ShopEntrepreneurship Minor,''', through the business school meet there, but when class is not in session, the room is open to all students.</span> <span style="font-family: georgia, serif;">which offers Villanova has recently built the '''C.A.V.E.''', a number of machines virtual reality room that is open to all students and materials availableis using </span><span style="font-family: georgia, serif;">for the development of prototypesKEEN Foundation grants to create an '''Idea Accelerator '''space and a tinkerer’s lab. Also </span><span style="font-family: georgia, the law school library has a meeting environment for students.serif;">Another </span>'''Tinkerer's Lab'''<span style="font-family: georgia, serif;"> is also currently in the the processes of being built in the engineering college, which was included through Villanova plans to use KEEN Foundation grants to create an idea accelerator 's newest campus expansion plan.</span><span style="font-family: georgia, serif;">There will be workshops and a tinkerer’s lab speakers for student interested in the futurepursuing an entrepreneurial path. </span>
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<span style="font-family:georgia,serif;">Furthermore, Villanovans unite with companies in a number of different competitions. These competitions are meant to be immersive experiences for smaller groups of students so they can work closely on innovative projects with companies or other universities. One example is the '''Innovation Encounter'''. Held at Lawrence Technological University, this competition hosts student teams of about five people from various schools to solve a problem presented by a different industry sponsor each year. In 2013, Reverie Mattress Company gave students a technical problem they were dealing with, and asked them to come up with innovative solutions to help their company. The idea’s generated by Villanova’s team of four won third place. Another competition is the '''UDM Ford Innovation Competition'''. This is a national competition sponsored by Ford Motor Company and held at the University of Detroit Mercy. In the most recent competition, over 90 teams competed to create the greatest, most innovative ideas for a vehicle interior of the future, and Villanova’s team of four took second place. </span>
</div><p style="text-align: center;">{{#Widget:Youtube|id=LW0VDEuPHr0}}</p><p style="text-align: center;">Example of a Villanova team'svideo entry to Ford Innovation Competition</p>
= Regional and Local Economic Development =
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<span style="font-family:georgia,serif;"> </span><span style="font-family: georgia, serif;">As aforementioned, a number of the clubs on Villanova’s campus that are focused on innovative ideation are fundamentally philanthropic, and these clubs unite with or are a part of different non-profit agencies. This allows for the development of Villanova’s entrepreneurial activity regionally, locally, and even worldwide. This strengthens student’s abilities to face diverse problems, and gives an opportunity for an extensive entrepreneurial education.</span>
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= Conclusion =
<span style="font-family: georgia, serif;">Villanova University has an incredible amount of resources to offer its students. From courses, clubs and competitions, an incredibly talented faculty and number of available mentors, to external resources offered by businesses and many more. Students have everything they need to let their inner innovator grow and flourish. Just a few years ago, such entrepreneurial activity would not have been so evident. Thanks to a grant by the KEEN Foundation, the Engineering Entrepreneurship Program and many of the competitions have been born and sponsored within the past few years.</span>
<span style="font-family: georgia, serif;">Furthermore, due to the efforts of the Beyond Ideas Committee all of the colleges have been recently linked to create an influx of entrepreneurial communication and networking across the school.</span> <span style="font-family: georgia, serif;">This rapid progression of entrepreneurial development at Villanova continues with no sign of slowing. Within the next few years Villanova hopes to expand resources in the idea accelerator, create more pre-capstone experiences and tinkerer’s lab, an increase in innovator and artist in residence presence on campus, an expansion of the OSRP, a Forum for Innovation, Research and Entrepreneurship, additional summer faculty workshops, and more. Villanovans recognize the importance of developing their innovative and creative abilities and look forward to expanding the entrepreneurial offerings available on and off campus.</span>
= Landscape Canvas =
The Landscape Canvases for Villanova University can be accessed here:
[https://docs.google.com/document/d/1NZkGFFQ8JISccC6Gua4mj5gLdzQsDjg-4Gwe2oTzE9o/edit?usp=sharing Villanova Landscape Canvas Doc 2017]
[https://docs.google.com/presentation/d/1B2z_wNylN0o5zljrdis5d1fLZQfZgaymPAhyy8eHFLg/edit#slide=id.gded0dd295_2_14 Villanova SlideSet Landscape Canvas 2016]
[https://docs.google.com/spreadsheets/d/1Zri_jLKxtzMRohBw8pqxYoHkqWPo1auc9TwCAz2jiD4/edit#gid=2 Villanova Landscape Canvas Spreadsheet]
== Related Links ==
Villanova University
[http://universityinnovation.org/wiki/Villanova_University_Student_Priorities#Related_Links Villanova Student Priorities]
University Innovation Fellows
Spring 2017:
[http://universityinnovation.org/wiki/Albert_Tebbetts Albert Tebbetts]
[http://universityinnovation.org/wiki/Lauren_Atkins Lauren Atkins]
Spring 2016:
[http://universityinnovation.org/wiki/Sarrah_Truong Sarrah Truong]
Spring 2015:
[http://universityinnovation.org/wiki/Erik_Koehr Erik Koehr]
Spring 2014:
[http://universityinnovation.org/wiki/Abbey_Buckenheimer Abbey Buckenheimer]
[https://drive.google.com/a/villanova.edu/file/d/0B2tZENGpXGoEblpVM3lQY081eWs/view?usp=sharing Villanova Business Model Canvas]
[https://docs.google.com/document/d/1E8vm1iJa-tCHs_9oWbfrzNkoBnUA9KdaCCKN09F4nnI/edit?usp=sharing Villanova and Education in the New Age]
[[Category:UniversityUniversities]][[Category:Schools]][[Category:Villanova_University]]{{CatTree|Villanova_University}}