In the 20 year history of innovation and entrepreneurship, in addition to helping may local companies, Lehigh University’s Integrated Product Development (IPD) program (www.lehigh.edu/ipd/) has being the launching pad for several notable successful student startups (http://ecotechmarine.com/). In the spring of 2012, Lehigh faculty launched our unique Master of Engineering in Technical Entrepreneurship (MTE) with the sole purpose of creating successful student startups. This new graduate program is open to entrepreneurially-minded students from any undergraduate major. Lehigh’s MTE program features a dedicated curriculum, a dedicated faculty, and dedicated creative spaces, all focused on helping student entrepreneurs create, refine, and commercialize intellectual property through licensing and launching of a new business. In fact new product development and company launch are graduation requirements. The MTE program is the latest addition to Lehigh’s University’s award winning entrepreneurship ecosystem that is designed to attract, and support student entrepreneurs. On May 20, 2013 Lehigh’s graduated its first class of 14 entrepreneurs that created 12 new products and launched 10 new businesses. The very next day, the 28 members of the MTE class of 2014 started their journey into creativity, innovation and entrepreneurship. The ten year goal of Lehigh’s MTE program is to graduate 90 student entrepreneurs and launch 50 new companies each year and in the process become a major source of economic development for the Lehigh Valley, the Commonwealth of Pennsylvania and the USA. As we like to say, “Don’t take a job, come to Lehigh to create your own!” Read the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/lehighs-master-of-engineering-in-technical-entrepreneurship-mte/

1. Master’s of Engineering in Technical Entrepreneurship (MTE)
Create and Launch Your Company in One Year
Professor Michael Lehman, MD, MBA
Professor John B Ochs, PhD, Founder
& Program Director
October 28, 2013
1
Professor John Ochs

2. The Problem: Need for Talent Development
Other
Purposes
Revenues
Investment in Innovation
Innovation
Engine
Mature
Manufacturing
Products
New
Paying Customers
Innovation fueled by creativity is this generation's most import economic
development engine driving job creation.
People invest in innovation when it creates new products and services,
producing an expected yield in long term growth and profits
greater than other alternatives.
2
Professor John Ochs

3. Developing Entrepreneurs
and Supportive Environments
Innovation Engine by Tina Seelig
Innovation is necessary by not enough:
we want people who can create, innovate and commercialize
3
Professor John Ochs

4. Our Solution: MTE Program
The greatest opportunities for innovation
occur at the intersection of disciplines.
Innovation is a process that can
best be learned by doing it –
over and over again.
Our program focuses
on developing entrepreneurs
who are needed to lead
interdisciplinary teams…
MTE Class of
2013
4
Professor John Ochs

5. Our Solution: MTE Program
… find and assess opportunities,
identify and manage
risk, manage the developmentto- commercialization process,
find and manage resources,
lead the team by example with
a superior work ethic,
and through exemplary moral
and professional behavior.
MTE Class of 2014
5
Professor John Ochs

6. Dedicated MTE Curriculum
6
Professor Michael Lehman

7. Dedicated MTE Lab and Studio/Classroom
7
Professor Michael Lehman

8. Dedicated MTE Faculty
Joe Maenner
IP Attorney,
Maenner & Associates
Michael Lehman, MD, MBA
Professor of Practice
• Entrepreneurship
curriculum development
• Commercialization of
new technologies
• Entrepreneurial
Outreach
8
Marc de Vinck
Dexter F Baker Professor of
Practice in Creativity
• Product developer at
MAKE Magazine
• Arduino and microcontrollers
• 3D Printing
• Creativity Program
Professor Michael Lehman
Joshua Cohen
IP Attorney,
RatnerPrestia
Matt Sommerfield
Founder, MTS Ventures
• Design services
• Contract manufacturing
Brian Slocum
Manager, Design Labs
• Prototyping
• SolidWorks

9. Masters of Engineering in Technical Entrepreneurship
Creating Flexible, Responsive Career Pathways
Replicable and Scalable
Bootstrapped
Growth of 100% from year 1 to year 2
Can be scaled up (3 starting points/cohorts per year)
Can be scaled down (series of workshops)
Sustainable
Tuition-driven model
EDA-funded and university-funded scholarships
Emerging industry partners
Original
Dedicated curriculum, dedicated space, dedicated faculty
Twelve month Master’s of Engineering open to all majors
MTE13
MTE14
Successful startups launched
6
12 projected
Placements in innovative start-ups, large companies, academia
7
16 projected
Measurements of Success
9
Professor Michael Lehman

10. MTE Class of 2013 Start-Ups
10
Professor Michael Lehman

11. EUREKA! Thalheimer
Student Entrepreneurs Competition
Lehigh Entrepreneurs Network
“Garage”
Student
Incubator
EUREKA! Levin Advanced Technology
Entrepreneurship Competition
Office of Student
Leadership
Development
Integrated Product
Development (IPD)
Entrepreneurial Interns Program
Small Business Counseling
Innovation & Entrep.
Leadership Residency
Infrastructure
& Other Related
Courses
L. Pool Memorial Scholarships for Entrepreneurship
EUREKA! Baer Student Social
Ventures Competition
Wilbur
Powerhouse
Entrepreneurship Minor
VENTURESeries
Executive Certificate
MBA Corporate
Entrepreneurship
Educational
Programs
Computer Science
& Business
Integrated
Business &
Engineering
IDEAS
Community Consulting Practicum
The Business of Life Science
PA School for Global
Entrepreneurship
Baker Institute for
Entrepreneurship,
Creativity &
Innovation
LehighSilconValley
Opportunities for Student Innovation
International Social Entrepreneurship
Production & Marketing of Sound
Recordings
Martindale Center for the Study of
Private Enterprise
11
Integrated Real
Estate
Design Arts
Program
Community
Fellows
Manufacturers
Resource Center
Related
Organizations
Office of Technology
Transfer &
Commercialization
Center for Advanced
Materials & Nanotech
Ben Franklin
Technology
Keystone
Partners
Innovation
Zone
LEHIGH’S
SBDC
Entrepreneurship
Ecosystem
Center for Optical
Technologies
Global Village
Microfinance Program
Life Sciences
Leadership
Greenhouse
Entrepreneurs in Residence
Lehigh
Enterprise
Systems Center

12. Building on Lehigh Alumni Successes
Lifeserve Innovation, Cleveland Ohio, 2009
hField’s Wi-Fire as seen on HSN, 2010
Coffee Joules on Shark Tank, January, 2013
12
EcoTech Marine
Launched September, 2012
Launched September 30, 2013