Lowry’s Presentation to the Board
Lowry’s Presentation to the Board
Judith Cone, Special Assistant to the Chancellor for
Innovation and Entrepreneurship, Sept 1, 2011
The World is in Need
• What are the greatest challenges facing our region,
state, nation, and world?
• What does it take to address them?
• Who can help the majority of global citizens, including
those locally and nationally, who lack access to
The World’s Brain Trust
What is the role of major research universities in
making the world a better place for all its citizens
and protecting the planet – building on research
(1M faculty, 20M students, top research facilities, billions in grants and investments )
What does this mean for Carolina?
A TOP PRIORITY FOR CAROLINA IS TO:
Find ways to…
Deliver more innovations (unique, valuable, applied)
Focus on outcomes
Collaborate and be connected
Have greater positive impact
Within Research, Teaching, and Service
Strengthen an Intentional
Culture of Innovation
Be THE place where people move
important ideas into impact.
The way must be clear and supported.
The story told.
Lowry Caudill, Chair Innovation Circle
John Akin, Chair Faculty Steering Committee
Hudson Vincent (Shruti Shah), Chair Chancellor’s Student Innovation Team
Judith Cone, Special Assistant to the Chancellor for Innovation & Entrepreneurship
Vision for Carolina
With a special focus on urgent challenges,
innovators and innovations launched at
Carolina consistently apply important ideas
for a better world.
Are we set up to do this
throughout the campus?
What will it take for
innovation to be
encouraged and supported?
Clarity and Alignment
Values: That which is worth doing. Expressed in Vision/Mission/Goals.
Resources: Required people, time, money, facilities, and equipment.
Processes: Needed organization structures, rules, and methods.
Expressed in Vision / Mission / Strategy
A vision without resources
is just a hallucination.
A vision without the right
processes is demoralizing.
a Culture of Innovation
• Across the campus, people are considering how they
can contribute to solving big issues.
• New programs have emerged.
• Four working groups.
• Funds raised since launch on Oct 12, 2010.
• UNC Chapel Hill as national thought leader
Post Innovation Circle
Social Innovation: Tom Uhlman and Jonathan Reckford convened
stakeholders to discuss social innovation. Effect: Campus Y made
important steps forward; School of Government taking a new role;
Center for Public Service involved.
Commercialization: Christy Shafer and Don Holzworth, convened
stakeholders. Effect: Chancellor has taken on this subject as one of his
priorities and will convene all stakeholders/
Innovation in the Arts and Humanities: Julia Grumbles doing an
analysis of the issues and opportunities. IAH has taken a major role in
convening faculty around this subject. Hogan Medlin convened a
working group to advance this topic-CSIT doing Carolina Creates.
Applied Sciences: Lowry Caudill is leading an analysis and working
with faculty, deans, and leadership. Ed Samulski is faculty chair of the
OTD, Carolina Kickstart, RENCI, B School all working together. Joint
MD/PHD between med school and B School in the works.
Carolina Kickstart – strengthening itself to better serve startups in the life
Exploration of seed funds: 1) grants and 2) investment; drawing in alumni.
IAH – new $100,000 award for Faculty Innovation Grants.
Dean’s Innovation Fund in Journalism from Innovation Circle member.
Innovation Scholars – first one this year, four more for next year. 4-year full
Speaker Series: Desh Deshpande, Steve Case, Cheryl Dorsey, Bob
Langer in spring. This year will bring an expanded series, with partners
Innovation Incubator in Chapel Hill
IAH hosted a series of seminars on the co-authored book with
Chancellor Thorp and Buck Goldstein: Engines of Innovation.
Career Services: Gary Miller, new title, includes innovation. Now hosting
the CSIT meetings, incubator on Hanes fourth floor called H4 for the
summer. Working on the Navigator concept using their technology.
Medical School: Appointed Cam Patterson as Associate Dean of
Medical Entrepreneurship. Moved TRACS Carolina Kickstart under him.
Exploring how the medical and business schools could work together to
do innovative work.
Biomedical engineering – Nancy Allbritton, faculty entrepreneur – joint
program with NC State. Integrating graduate and undergraduate.
Important step for Applied Sciences. Creating new commercialization
program modeling on BioX from Stanford
Entrepreneur-in-Residence: Expanding. Regular Meetings.
Campus Y – strategic planning to strengthen it social innovation
incubator to be created on 4th floor of the Y.
Students: CSIT just elected their new leader, Hudson Vincent. Working
on Digital Navigator. Student Innovation Fair in April. Carolina Creates.
Global Education Center and School of Public Health working on
Entrepreneur-in-residence program about big challenges. Water
conference huge success.
First Year Seminars: Revupinnovation.com
The Minor in Entrepreneurship in the College of Arts and Sciences,
academic committee, getting closer to endowment goal and creating
new course open to all undergraduates.
University Entrepreneur-in-Residence, received endowment for position.
Grant from Blackstone Charitable Foundation for entrepreneurial
development in the Triangle. Brought in Duke, NC State, NC Central,
CED as partners.
A joint program of Duke University, North Carolina Central University, North Carolina State University,
the University of North Carolina at Chapel Hill, and CED-Council for Entrepreneurial Development,
funded by the Blackstone Charitable Foundation.
• Harness the collective wisdom of Master
• Scour the region – on and off campuses
• Select 30 of the hottest ideas in the Triangle
at a time
• Guide them to Series A smart money using
ME’s knowledge, contacts and resources
Results: More/stronger companies; more
intellectual assets put to use; better
connections; a magnet for strategic partners
UNC as National Thought Leader
Engines of Innovation book, co-authors Holden Thorp, Buck Goldstein.
Obama administration entrepreneurship task force, Holden Thorp
NACIE meeting held at UNC. Holden Thorp host. Ted Zoller
presented his research.
TedX at Ashoka U, Holden Thorp and Buck Goldstein
Speaker at Atlantic Monthly/Microsoft Innovation Summit; UNC
students featured. Holden Thorp
Working with White House Office of Science and Technology, Holden
Thorp and Buck Goldstein
Final reviewer for Obama $50M social innovation fund. Judith Cone
Advisor for Ashoka, judge for awards. Judith Cone
Keynote commercialization conference. Judith Cone
Time magazine one of top 10 ideas that will change the world: Jack
Mobile Apps Challenge – Student led, CS, Journalism, Art, etc. – Chris
Digital Navigation (one-stop shop for information on innovation and
entrepreneurship at UNC) – joint student and administration effort
Academic Plan – Key Themes – Water
Academic Plan – Engagement Council – Engagement and Social Innovation
The Story Told
What will Holden release at University