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School:University of Pittsburgh

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= University-Industry Collaboration<br/> =
<span id="docs-internal-guid-69774ec0-2e5d-aa25-b69b-a97fbdc0ce62"><span style="font-family: Arial; vertical-align: baseline; white-space: pre-wrap;">The University of Pittsburgh, at this point, does not have strong ties with large industry to provide students an arena in which to practice entrepreneurship.&nbsp; Rather, Pitt looks to build companies and fund small ventures giving students a more hands on experience.&nbsp; The reasoning for this is quite simple; the University of Pittsburgh has at its disposal UPMC and millions of dollars in research funding.&nbsp; This contributes to a gold mine of market needs and clinical deficiencies.&nbsp; Pitt’s major downfall is its lack of collaboration, until recently the departments did not work together to take advantage of these potential products and businesses.&nbsp; The new age of student-driven entrepreneurship is changing that.&nbsp; </span><span style="font-family: Arial; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Student organizations, like Design Hub, pair student composed design teams with physicians at UPMC to help prototype products that physicians see a need for</span><span style="font-family: Arial; color: rgb(0, 0, 255); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">.</span><span style="font-family: Arial; vertical-align: baseline; white-space: pre-wrap;">Students are working hands-on with clinicians and are bringing small ideas to life, which are leading to larger successes down the road.&nbsp; Many of these ideas start as small projects but turn into start-up companies and small businesses.&nbsp; The bottom line is industry collaboration is not necessary to make entrepreneurs at Pitt successful, better collaboration between departments will lead to a booming age of entrepreneurial partnership between UPMC and the Department rest of Bioengineeringthe university.</span></span><div><br/></div>
= Regional and Local Economic Development Efforts =
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