Ensure
Effective Leadership for University Start-Ups: Best Practice Mentorships and
Executive-In-Residence Programs
Originally presented September 29, 2010
Most student
and faculty inventors are unaware of the intricacies of launching a start-up
company. And it’s one of the biggest reasons that most university start-ups
FAIL.
A lack of business
savvy on the part of the leadership team is deadly to a new venture. However,
by taking a proactive approach and incorporating an executive-in-residence program
to mentor your faculty and student inventors, your start-ups’ chances
of survival improve dramatically.
The University
of Utah is ranked #1 in university start-ups. One of the critical strategies
used to reach this status was enriching their talent pool with a top-notch executive-in-residence
program, housed within the Pierre Lassonde Entrepreneur Center.
The Center’s
director, Troy D’Ambrosio has designed a 60-minute program that
will give you the detailed guidance and advice you need to start and manage
an executive-in-residence program using proven best practices:
- How to recruit
quality mentors from your local business and investment community
- How to engage
students and faculty inventors
- Cost calculations
for managing this type of program
- The pros and
cons of working with volunteers
- How of U of
Utah’s program started - and how it has evolved
- Impediments
to success that you may encounter along the way and how to overcome them
- Understanding
the university’s role in the start-up ventures created
Plus, we’ll
reveal the elements of a successful venture born from the University of
Utah’s Pierre Lassonde Entrepreneur Center so you can immediately
implement these best practices in your current or future projects!
Your Expert
Presenter:
Troy
D’Ambrosio is the co-founder of multiple start-up companies which
have attracted over $500 million in capital. Some of his earliest successes
include founding Transworld Telecommunications, which was sold to Sprint in
1998, and Convergence Communications, which was acquired by Lockheed Martin
in 2005. Mr. D’Ambrosio is currently the Director of the Pierre Lassonde
Entrepreneur Center and Lassonde New Venture Development Center, where he has
been mentoring students for the past eight years. He graduated from the University
of Utah in 1982 and was named the Ernst & Young Entrepreneur of the Year
in 2000, a v100 Technology leader in 2008, and Best in State Educational Program
Administrator in 2009.