School:Wayne State University
Contents
- 1 Wayne State.jpg
- 2 Introduction
- 3 Student Innovation and Entrepreneurship
- 4 Outside WSU Resources
- 5 Entreprenurship Atmosphere
- 6 Related Links
Introduction
Wayne State was founded in 1868, consists of 13 schools and colleges offering 370 programs to nearly 28,000 graduate and undergraduate students. It is currently Michigan's fourth-largest university and one of the 100 largest universities in the United States.
The WSU main campus encompasses 203 acres linking more than 100 education and research buildings in the heart of Detroit. It also has six extension centers in the metro Detroit area providing access to a limited selection of courses. The institution is a notable engine in metro Detroit's educational, cultural and economic landscape, as manifested through efforts such as its thriving research and technology park and hosting of the Detroit Windsor International Film Festival.
Wayne State is committed to supporting the growth of startups and improve the innovation and entrepreneur culture with students involved as one of VentureWell’s University Innovation Fellows. WSU offers plenty of resources and support through the various departments, the goal of this wiki is to list the current ways a student can get help growing their startup.
Student Innovation and Entrepreneurship
Edge Certificate Program
The EDGE certificate program will identify, mold and mentor engineering students interested in considering a career as an entrepreneur and provide them the skills necessary to channel creative innovation into ventures that add value. This certificate program exposes and trains engineering students in the entrepreneurial skills required to commercialize new ideas, technologies and products. The EDGE allows students to take courses in entrepreneurial marketing, finance, law and management in combination with the traditional engineering courses in their major. Students also have the opportunity to put their learning into action by way of an entrepreneurial Capstone project in their field of study.
Courses
B A 7040 Managing Organizational Behavior
MGT 7815 Strategic Leadership
BE 3301 Leading Small Organizations 1
BE 2201 Innovative Tactical Leadership
Student Organizations
Wayne Intellectual Property Student Assocation
We are law students and professionals who share an interest in intellectual property. We bring together a community of law students and professional lawyers who share an interest in intellectual property for career advice and networking events.
Collegiate Entrepreneurs Organization (CEO)
Entrepreneurship as a field of study at colleges and universities across the U.S. and around the world has become a leading subject at the undergraduate and graduate level. With this increased attention, it is more important than ever to give students the opportunities to network not only with their student peers, but with fellow entrepreneurs in the business world to promote entrepreneurship at all levels and in all environments. And, this is where CEO can help.
Competitions
Greenlight
Hackathon
National Design Competition Projects
Accelerate Michigan Innovation Competition
CEO Elevator Pitch Competition
Collegiate Inventors Competition
Michigan Clean Energy Venture Challenge
Skandalaris Business Plan Competition at EMU
Blackstone Launchpad
Funded by the New Economy Initiative (NEI) of Southeast Michigan and the Blackstone Charitable Foundation, the Blackstone LaunchPad opened in September 2010 offering career guidance, resources, and advice to entrepreneurs, innovators, and inventors at Wayne State University.
Entrepreneur's Network
WSU Entrepreneur's Network provides a forum to:
- Discuss the dynamics of spin-out company formation based on WSU innovations;
- Interact with role models and professional resources for faculty who want to explore starting a company without leaving the university; and
- Identify opportunities to serve on technical advisory boards for new ventures
Wayne State Technology Commercialization
Wayne State Technology Commercialization (TC) is responsible for the identification, protection, marketing and licensing of intellectual property (e.g., patents, unique biological or other materials, and certain copyrights) developed by WSU faculty, staff and students. The TC Office promotes an entrepreneurial culture and supports start-up ventures and regional economic development. TC also negotiates Material Transfer Agreements and Confidentiality Agreements and reviews the Intellectual Property terms of Sponsored Research Agreements.
The goal of Technology Commercialization is to comprehensively manage and aggressively pursue technology transfer activities to support the faculty and the university in translating innovative ideas from the university to the marketplace.
WSU Intellectual Property Policy
WSU will help file for patents and help fulfill legal requirements. The current formula for royalty distribution is
|
Net Income |
Inventor |
Department |
University |
|
Up to $10,000 |
75% |
15% |
10% |
|
Up to $90,000 |
50% |
15% |
35% |
|
Up to $900,000 |
40% |
15% |
45% |
|
Over $1 million |
35% |
15% |
50% |
Outside WSU Resources
Detroit Venture Partners
DVP backs seed and early stage startup teams with the grit, creativity, and passion to tackle and mold opportunity. We look for founders who are creative, disciplined, and trustworthy. We are passionate entrepreneurs who know how to build successful companies from the ground up. To us, building a business is an act of creative expression. It's an opportunity to make a difference and change the world. If not, why bother?
Life Beyond Barriers
Life Beyond Barriers is the collaboration of visionary leadership from an elite collection of organizations. United, the organization utilizes their world-class skills and resources – biomedical, biotechnological and rehabilitation – to create solutions for real issues that confront people with disabilities, healthcare professionals and caregivers.
Michigan Initative for Innovation & Entrepreneurship
The Michigan Initiative for Innovation & Entrepreneurship (MIIE) builds on Michigan's universities as economic assets by speeding the commercialization of university research while promoting a culture of entrepreneurial risk-taking. The initiative partners Michigan's philanthropic resources with university and private business resources to help launch new startup companies, and strengthen ties between small business, industry and academia.
TechTown
TechTown is Detroit’s business innovation hub. As the city’s most established business accelerator and incubator, we provide a powerful connection to a broad network of resources, catalyzing entire communities of entrepreneurs best poised to energize the local economy.
Entreprenurship Atmosphere
We currently rate WSU as a 9 out of 10 because of the amount of students interested in startups, however the university could greatly improve the visibility of the available resources for students as well as improve their Intellectual Property Policies. Also the number of student run organizations isn't much though we see that being fixed by 2016.
Related Links
Wayne_State_University_Student_Priorities
Related links
