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School:University of North Carolina

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The Office of Innovation and Entrepreneurship (Innovate Carolina) serves as the strategic center for coordinating and supporting entrepreneurial development at the University. Innovate Carolina functions as the hub of the ecosystem with the various student groups, departments and faculty groups acting as spokes. Five years ago when the innovation efforts were formally launched, Innovate Carolina, with the help of faculty, students and staff, drafted the [http://innovate.unc.edu/site/wp-content/uploads/2012/10/Innovate_at_Carolina_Roadmap.pdf Innovation Roadmap]. The 5-year roadmap outlines UNC’s approach towards building an innovation ecosystem and  for continually monitoring and updating it. This year (2015) marked the end of the 5-year plan and as a culmination Innovate Carolina in partnership with Chancellor Folt hosted the Innovation Summit. The Innovation Summit was a 2-day event that brought together 100 stakeholders (administrators, students, faculty, alumni, investorsand legislators) to reflect on the progress of our I&E ecosystem and our priorities moving forward.

The Innovation Summit marks the beginning of a new 5-year plan that will be assembled by students, faculty and Innovate Carolina to lay out the ambitions moving forward for UNC-CH I&E ecosystem. So far, the following 6 themes have been identified and these will act as the framework for the rest of the report.

<li>Teach the skills and build the mindset: How will we elevate UNC’s formal and informal teaching of the skills and mindset necessary in the 21st-century innovation economy and reach even more people?</li><li>Build the foundational elements: How can we support and expand the areas of Applied Physical Sciences (APS), Biomedical Engineering (BME), Data Studies, Computer Science, and the new maker space (known as BeAM) to strengthen the building blocks of innovation?</li><li>Translate ideas to impact: What is needed to adequately guide and support people as they move ideas to impact?</li><li>Provide spaces of I&E: Where can we expand existing and create new spaces on or adjacent to UNC’s campus that support the full innovation process?</li><li>Involve mentors and experts: How can we effectively recruit and integrate successful entrepreneurs, experts and advisors into our work?</li><li>Fund high-potential ideas and the work for the I&E network: What funding do we need to accelerate innovative ideas and sustain the work of the distributed Network?</li>

<li>Evaluate and communicate the impact: How can we evaluate and more effectively convey the collective story of I&E impact both on and off campus?</li>

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