Presented by:

Keegan Murphy

and

Karim Sy Morissette

Table of Contents

1. Entrepreneurial Culture

2. Incubators & Accelerators

3. Successful Incubators (ROI)

4. Entrepreneurship at Bishop’s

5. Recommendations

Data Collection

External

-Articles-Videos-Websites

Internal: Interviews

-People of interest at Bishop’s University-Open-ended question-Creating safe platform to voice thoughts and opinion

Entrepreneurial Culture “ the mentality of adding value and thinking creatively”

Entrepreneurship (french~entreprendre)

“The capacity and willingness to

develop, organize and manage a

business venture along with any of

risks in order to make profit. The most

obvious example is the starting of a

new business.”

-Business Dictionary

Entrepreneurial Culture

“An entrepreneurial culture is an

environment where someone is

motivated to innovate, create and

take risks. In a business, an

entrepreneurial culture means that

employees are encouraged to

brainstorm new ideas or products.”

-Mihaylo College of Business and

Economics

at California State University, Fullerton

Incubators & Accelerators

Incubators

“An incubator brings in an external management team to

manage an idea that was developed internally.

Those ideas can gestate for much longer periods of time

and the incubator takes a much larger amount of equity ”

- Paul Bricault, Cofounder of Amplify

Types of Incubators

Advantages of Incubators

Canadian Incubators

Top Incubators in the world (2014)

Ryerson University

Ryerson University

Digital Media Zone

Accelerators

“An accelerator takes single-digit chunks of equity in

externally developed ideas in return for small amounts of

capital and mentorship. They’re generally truncated into

a three to four month program at the end of which the

start-ups ‘graduate”

- Paul Bricault, Cofounder of Amplify

Babson College The benchmark for colleges

What makes Babson College special?

The John E. and Alice L. Butler Venture Accelerator

No investment or

claim of equity

Co-curricular programs:

Hands-on projects for

students

Programs and events

Kauffman Foundation as investors

Babson College

The benchmark for colleges

Special Programs & EventsBabson College Entrepreneurship Research Conference

B.E.T.A. Challenge: Cash price of $20K

Rocket Pitch: Babson, Olin Engineering and Wellesley College student

entrepreneurs project pitching evening

Summer Venture Programs: 10 week program

Global Entrepreneurship Week

Alumni Entrepreneur Hall-of-Fame

No. 1 in ROINo.1 College in America according to Money Magazine

Average student salary after 5 year: 60K

90% graduation rate

Babson CollegeThe benchmark for colleges

Matthew R. CoffinCEO and founder of LowerMyBills.com, sold to Experian for $380

million

Ernst & Young Entrepreneur of the Year award winner in 2007

Southern California Entrepreneur of the Year in 2006

Mir Ibrahim RahmanCo-founder and CEO of GEO TV Network

Won The Wall Street Journal Award

Success Factors

Organization Faith & Support

Practical-Learning: Structure

Student Initiatives and Rewards

Access to resources

Mentorship involvement

Research Question- State of

culture

• Research question • Open ended interviews

• Professors • Students • Alumni • Staff

• Subjective views differ

State of Culture

WSB, BUCS and Dobson Lagassé

Stems from tight knit community Strong entrepreneurial spirit

Involvement on campus

Accessibility of opportunities

Dobson Lagassé Centre

John Oldan brought entrepreneurship to WSB early 90s

Co-founded in 1998 John Dobson

○ John Dobson FoundationLouis Lagassé

○ Groupe Lagassé

Dobson Lagassé

Vision to integrate French and English cultures for local development

David Monty comes in 2006 Based model of Babson University

WSB Curriculum SEED Portfolio

Small interactive classrooms Coop program > 80 % of classes taught by full time

tenured professors 50 % of foreign professors Emphasis on teamwork

BUCS Student run organization Mandate to support business students 2015 Canadian Association of Business

Students Rising star award. Students can request contribution form

Bankers Day Wine & Cheese and Career Cocktails Investment Club Case competitions

Return on Investment

Tools and skills learned are major investment

Creative and critical thinking Creating networks, activities and

projects Developing strong alumni that increases

life span

Enactus Founded in 1975 Formely known as SIFE International non for profit organization

fostering entrepreneurial action 3 pillars

Entrepreneurial—seeing opportunities and creating value

action—making a sustainable impact Us—community of students, academic and

business leaders collaborating to create a better world.

Enactus Canada

Founded in 2000 Formely ACE

Global rebranding in 2012

66 campuses across the country 1600 people employed 643,026 people impacted

Canada USA

Teams 59 446

Students 2,344 16,844

Projects 260 178

Hours Volunteered 225,139 458,349

Enactus Worldwide

36 countries 1700 universities 70500 students 1,950 000 people impacted https://www.youtube.com/watch?

v=pOarOq60EBg&spfreload=10

Enactus World Cup

Signature global event Competition Collaboration Celebration

2014 Champions North China Electric Power University

Enactus Bishops

Projects featured at regionals uConversationsProject Malawi

Limitations Lack of resources Focus on three segments

○ Entrepreneurial○ Community ○ Social

Uconversations

Development of app Integrate events on campus and in

community Connect alumni with entrepreneurship

students ○ Networking

In the works for 5 years Limited resources

Praxis Malawi

Developing business model for Malawi community

Sustainability Building stone ovens that can be sold to

other communities

Global Entrepreneurship Week Week to raise awareness and give

confidence to young entrepreneurs Worldwide event

Large scale competition Networking events

November 16 – 22, 2015

Projects

Build a Better Purple Bishops Toast Radio Dragons Den Fashion Show Gaiter Squad

Build a Better Purple

Raising funds to create a better community Rebranded in 2012 2 Phases

○ Phase 1Targets grads to leave legacy behind “Give a little purple back”

○ Phase 2Implementation

Grad week

Bishop’s Toast Radio Project stemming from Build a Better Purple

& Kickstarter account Successful launch

17 % of school population listening Gait happy hour almost at capacity

Nearly 4,000 streams in first week Listeners in 16 countries worldwide

Facebook: Bishop’s Toast RadioTwitter: @butoastradioInstagram: @butoastradio

Dragons Den

Action plan for BMG 320 4 projects competing $500 reward for winner Strong networking and development

event

Fashion Show

5th show this year Major charity and social event Lennoxville Youth Centre

$18,000

One X One $11,000

Gaiter Squad

Promotional team for BU athletics Stemmed from BMK 355 Creating an experience and increasing

atmosphere Limited reward and looking for

replacement No continuity

Student Initiatives

Rylan SchwarzeRy Guy Magic

Jay Chen Applyedu.org

Peter & Anthony Symbio

Departments Projects & EventsChemistry

Arches Brewery

Computer Science

Que Innovation

University

Bootcamp

Top 10 after 10 (H.O.F.)

Quebec Universities English

Undergraduate Conference (QUEUC)

Arts/English/Humanities

Bishop’s University Film Festival

Debates

Dr. Riddell’s BU Channel (YouTube)

TEDxBishopsU

Sports

Final Four

Baggataway Cup

Department Projects Que Innovation – Dr. Tammy SalterCommitted to provide simple functioning devices

Well crafted with genius design

Development of superior products serving purpose

- Que ball

Other Information

Employs Bishop’s top

computer science

students

Dobson-Lagasse as a

resource

Support Systems

Financial Programs BUCS – Dobson Lagasse Centre

Financial Support

Scholarships Entry Deans & named

Lead the Way Funds

B.E.S.TExperiential Learning Internship Grant

Fund (ELIGF)

Programs

• Tomlinson• The Next 36 • Lecture Series

• Donald • Ted • Morris House

Limitations of BU State

University’s Mission is unclear throughout

departments

Top-down managing structure that is outdated

Limited (outdated) Curriculum

Communication between departments & Support

Access to Resources

Student Attitude

Longevity of Initiatives (Stagnating Cycle)

Success Recognition

Elements to Improve

“All Universities need to embrace communication and entrepreneurship or they’ll die.”

- Interviewee

“Their support has been great, but It’s not a one or two men job.”`

- Interviewee

Solutions

Marketing Entrepreneurship SEED equivalent Marketing Entrepreneurship Series

Add value to programs, WSB and DLC Backed by multiple professors and

students Enable conference with lecture series

Solutions

Communication improvement Bishop’s Toast Radio

Hub integrating departments around school Efficient communications Better networks

Solutions

Top down, traditional style Needs to be more responsive Adhere to student needs Enable change to outdate curriculum Have to be open to transition

Thank You

Comments Questions