Slides from my talk to MBA students from Central European University (CEU, Hungary) about how we spur and support startups and entrepreneurship across NYU.
Role of social media marketing in digital marketing.pdf
How We Do Startups & Entrepreneurship at NYU
1. @NYUEntrepreneur
How We Do Startups
& Entrepreneurship
at NYU
Frank Rimalovski
Executive Director, Entrepreneurial Institute
Managing Director, Innovation Venture Fund
Adjunct Faculty, Polytechnic School of Engineering
May 21, 2015
15. @NYUEntrepreneur
Classic Blunders
u “If you build it they will come”
u Trying to be all things to all people
u Hiring an MBA or “business guy” to
write a business plan
u Waiting for tech transfer to find a
CEO & funding
u Fund ➨ Build ➨ Customers
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32. @NYUEntrepreneur
Innovation Venture Fund
u Philanthropic seed fund
u Help build smart
syndicates
u $100-200k direct
investments
u Converts, Series Seed & A
u Board observer seats
u Opportunistic follow-ons
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I V F
38. @NYUEntrepreneur
Leslie eLab Metrics: Sep 8-May 10
u >20,000 total visits!
u 4,485 unique visitors (~4.5, trending up)
u 20 NYU schools/colleges represented
u 200+ different areas of study
u 74% undergrad & 26% grad students
u 42% female
u 250+ Events hosted
u 120+ Institute led/driven
u Guest speakers
u Workshops/bootcamps
u 40 faculty-led classes/events
u 100+ student club-led events
u Extended daily hours to 10pm M-F
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Weekly Visits
(excl holidays)
Medicine
Abu Dhabi
Law
Silver School of Social Work
College of Nursing
Special Sessions
Graduate School Arts & Science
Faculty of Arts and Science
Wagner
SCPS
Engineering
Tisch
Gallatin
Steinhardt
Stern
CAS
Total Visitors by School
39. @NYUEntrepreneur
Leslie eLab Facts: Sep 8-May 10
u 100 students visited 30+ times
u 683 room reservations
u 250 Prototyping Lab reservations
u 201 EIR/Lab manager student meetings
u >7,000 cups of coffee served
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48. @NYUEntrepreneur
Institute & Fund Goals
u Make entrepreneurship a campus-wide,
multi-disciplinary experience
u Bring more NYU innovations to market
u Compete for top students, faculty & funding
u Generate return on investment
u Create generation of entrepreneurs to
inspire & support NYU for years to come
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