School:New York University School of Engineering
New York University Polytechnic School of Engineering (NYU| SOE) founded in 1854, is the second oldest private engineering and technology school in the United States. NYU| SOE is one of the 18 schools and colleges that comparise New York University (NYU). The campus is located in Brooklyn, centrally located at MetroTech Centre, an urban university-industry science and technology park. The school offers about 60 academic programs at bachelor's, masters and doctoral levels.
- 1 The Urban-Campus
- 2 Spaces that Inspire Innovation
- 3 Student Innovation and Entrepreneurship
- 4 Faculty Innovation and Entrepreneurship
- 5 University Technology Transfer Function
- 6 Regional and Local Economic Development Efforts
- 7 Entrepreneurship & Innovation Landscape Canvas
- 8 Related
NYU-SOE is located in the heart of the Brooklyn Downtown area; it blends with the corporate world and gives students an exposure to resources beyond the university gates, increases their opportunities, and prepares them for the future. The students can easily tap into array of resources from NYU-SOE and as well as the NYU-Washington SquareEcosystem (17 schools) which are few stops away in NYC-Metro (approx: 20 minutes). NYU is a global university, which means when students joins one school under the NYU umbrella, they can access resources across most of the schools (Including the global campuses).
Spaces that Inspire Innovation
Recently, NYU added a new space called the Leslie eLab at the heart of the university campus. The Leslie eLab is a 5900-square-foot facility in the heart of the Washington Square campus where aspiring NYU entrepreneurs from across all of NYU's schools and colleges-be they students, faculty, or researchers-can meet to connect,collaborate, and tap into a vast array of resources to help develop their ideas and inventions into startup companies.
Run by the NYU Entrepreneurial Institute, the Leslie eLab is equipped with co-working spaces, meeting rooms, an event space and a prototyping lab. It is designed to encourage interaction, prototyping, collaboration, and networking so essential in the creation of successful startups. The Leslie eLab serves as the headquarters for the NYU Entrepreneurial Institute and NYU Innovation Venture Fund. Just from the idea of possibly building the space, it has inspired a lot of students and faculty towards innovation and entrepreneurship. Now, after physically building the space it is believed it will instill a stronger sense of community among NYU’s budding entrepreneurs in its many schools.
The Greenhouse is a home for ideation and collaboration at NYU-SOE. It is a space that stimulates interdisciplinary collaboration, prototyping, and innovation. The culture of the greenhouse aims to nurture seedlings of ideas and bring ideas to life through iteration and experimentation. The space is a blank slate for creative thinkers with occasional talks (Youth Cafe), skill shares, and opportunities to meet with professionals from NYU-SOE incubators and industry.
Apart form that, The Greenhouse organises, plans, and produces an array of events to promote collaborative thinking and bring together interdisciplinary groups to solve problems. Through events like OpenStorm, Hack Ebole, PROTOTYPING, and other workshops like the Youth Cafe or Arduino Workshops, The Greenhouse provides students access to the basics of Innovation and Entrepreneurship while also opening them up to professional communities.
NYU-SOE Incubators are the spaces dedicated to NYU and NYC based startups for early stage companies. These incubators, other than providing space to work, also provide the guidance, expertise, and resources that organizations need to grow into successful ventures to bring economic growth to The City and the Nation. NYU-SOE has three functional incubator spaces: DUMBO, NYC ACRE, and Varick Street. There are about 80 organizations still working at NYU-SOE Incubators. NYU has also opened up these programs, SPIKE and the Mentors Program, to allow Graduate Level internships for their students at these incubators. Most recently, New York State added NYU-SOE incubators as Start-Up NY development zones. Article
Game Innovation Lab
The Game Innovation Lab brings together students and faculty from across NYU to do research focusing on games as an innovation challenge. Their mission: develop next generation gaming. Some of the various projects includes user interface innovation (sensor-based tracking, multi-touch), network & video quality research, and providing research on how gaming can benefit learning.
Student Innovation and Entrepreneurship
NYU-SOE students are ingrained with a strong sense of innovation and entrepreneurship. Here, Students are constantly applying the I2E ("I squared E" - invention, innovation, and entrepreneurship) philosophy in our classrooms, competitions, organizations, workspaces, career development opportunities, and funding.
The premier organizations on campus supporting this ideology are “The Entrepreneurship and Innovation Association” (EIA) and “The Design Tinkering Club” (DTC). EIA seeks to create an entrepreneurial ecosystem based on the I2Ephilosophy by hosting a student-faculty forum to “learn the concepts of entrepreneurship, provide the benefits of self-employment, and [learn] the step-by-step path involved in launching and commercializing” their own ideas. Each year they host events, workshops, and challenges such as Inno/Vention, Risky Ideas, and App Challenge. In addition, they actively participate in the NYU Entrepreneur Challenge.
The Design Tinkering Club, originally the OpenIDEO Student Chapter, uses design thinking to cultivate viable solutions for social issues. Each year, DTC champions the OpenIDEO Challenge across campus to spark engagement and awareness of the world’s most pressing social issues. In conjunction with NYU-SOE administrators and stakeholders such as NCIIA and NSF, DTC launched The Greenhouse, a collaborative workspace for students and faculty to inspire, ideate, prototype, and share their newest innovations and entrepreneurial ventures. The Greenhouse wants to further educate and cultivate design thinkers through events like Youth Cafe: bi-weekly workshops and talks featuring professionals in entrepreneurship and innovation worlds.
NYU-SOE students can learn first hand what it takes to be a working entrepreneur through SPIKE: the Skill-based Program for Incubator Knowledge and Employment. This program aims to support early-stage companies developing in SOE's incubators while simultaneously providing an opportunity for students to learn the skills necessary to find employment after completing their studies. These internships are held at one of the three offices in the NYU-SOE Incubators. These spaces are also open to current NYU & NYU-SOE students to work on their own ventures free of charge. In addition to career development, NYU-SOE is also a part of the NYU Summer LaunchPad: a 10 week summer program for graduating student teams to accelerate their new entrepreneurship ventures.
While NYU-SOE students have access to a variety of funds to get their ideas and ventures of the ground, such as the Prototyping Fund and the Innovation VentureFund, you can find the full listing here.
Faculty Innovation and Entrepreneurship
NYU-SOE is the home to the Center for Faculty Innovations in Teaching and Learning (FITL): a faculty-centered enterprise dedicated to the advancement of educational practice. Its mission is to partner with the NYU-SOE community to promote innovative teaching strategies and technologies for learning. FITL was created through a 5-year, $1.92 million Title III Strengthening Institutions grant the US Department of Education awarded NYU-SOE in October 2008. Its objective is to increase NYU-SOE’s reputation as a leader in STEM higher education through extensive faculty training and providing resources to incorporate educational technology within the classroom and curriculum.
Additionally, NYU-SOE has a network offaculty-engineers-in-residence (EIRs) to advise students on pursuing entrepreneurial ventures and innovating products as well as to advise companies in the school's incubators. The EIRs also provide the students with connections to accelerate the progression of their venture.
University Technology Transfer Function
Technology transfer at NYU and NYU-SOE is governed through the NYU Office of Industrial Liaison (NYU OIL). NYU OIL’s mission is to promote the commercial development of NYU technologies from its Langone Medical Center, Washington Square, and NYU-SOE campuses into products to benefit the public while also providing resources to the University to support its research, education, and patient care missions. The Office also facilitates research collaborations between NYU researchers and industry on projects of mutual interest.
NYU OIL actively seeks commercial partners to develop NYU technologies and works to establish mutually beneficial long-term relationships. For example, almost 60% of NYU patents have been licensed to companies for development and commercialization. Over the past five years, NYU has ranked first among all U.S. universities in income from technology licensing, which is brought back to provide for further researching. NYU actively promotes entrepreneurship with more than 70 companies created based on NYU technologies. In the most recent published comparative data on technology commercialization activity at U.S. universities, NYU created 87% more new start-up companies per research dollars expended than the national average (NYU OIL).
Regional and Local Economic Development Efforts
CATT: Created in 1983, as one of the State of New York's 4 original Centers for Advanced Technology, CATT continues to fulfill its mission to stimulate economic development in information technology through research and education.
CITE: Former NYU-SOE President Hultin once stated that “With CITE, NYU-SOE’s researchers, students and industry partners are well poised to contribute to the economic growth of New York. CITE will facilitate the collaborative development of ground-breaking digital gaming innovations and new media technologies with tangible commercial applications.” (CITE Press Release)
In addition to CATT and CITE, NYU-SOE Incubators have an impressive track record with local economic boom having generated more than $250 million in economic activity as well as 900 jobs since 2009 (NYU-SOE Incubator). Named one of the Top 10 Idea Labs in the U.S. by Worth magazine, the NYU-SOE Incubators - Varick St., DUMBO and NYC-ACRE, Greenhouse - are changing the landscape of New York City for the better. As the first NYC-sponsored Incubators and cornerstones of the NYU Entrepreneurial Institute, these programs are designed to empower entrepreneurs from across NYC and NYU who are creating jobs, launching new technology products and services, and diversifying the local innovation ecosystem (NYU-SOE Incubator). Since 2009, the Incubators have served over one hundred companies, with seven of those acquired by established public and private entities. Program graduates, who have raised more than $60M in equity funding and economic growth, are projected to create nearly $720 million by 2015 (NYU-SOE Incubator). NYU-SOE’s Incubators leverage support from NYCEDC, NYSERDA, and other government entities, as well as from Trinity Real Estate, Two Trees Management Company, and now Forest City Ratner Companies. Most recently
NYU is host to many ventures by students, faculty, and alumni. Some of the most salient ones are:
Twitter - Jack Dorsey
Square - Jack Dorsey
Pinterest - Vikram Bhaskaran
Bloomberg LP: Duncan MacMillan & Charles Zegar (Co-founders)
Ben & Jerry's: Bennett "Ben" Cohen
Home Depot: Ken Langone
Foursquare: Dennis Crowley & Alex Rainert
Buzzfeed: John Johnson
MTV: Tom Freston
TechStars NYC: David Tisch
Fairchild Semiconductor: Eugene Kleiner
BOT Factory: Carlos Ospina & Nicolas Vansnick
DefJam: Rick Rubin
Suneris: Isaac Miller & Joe Landolina
More at http://www.madebynyu.org/
Entrepreneurship & Innovation Landscape Canvas