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Center for Entrepreneurship Brain drain CALENDAR Continued from Page 1 Entrepreneurship Events for Spring 2010 Center for Entrepreneurship “Typically, it’s industry leaders and govern- WEDNESDAY, MARCH 3 THURSDAY, APRIL 8 1-211 Carol Simon Hall ment officials that talk about this issue, but— innovations Kalmbach Lecture Series at the Simon Center for Entrepreneurship Lecture P.O. Box 270360 as entrepreneurs—we know that customers’ www.rochester.edu/entrepreneurship • VoLuMe 2, ISSUE 2 • spring 2010 School*: Howard Cohen, Partner, Twin Series*: Prisoner Entrepreneurship Program; Rochester, NY 14627-0360 opinions are very important, so it seems logi- Lakes Capital and Director and CFO, 4:30–6 p.m.; Gleason 318/418 cal that we should ask the students what they MacKenzie-Childs, LLC; 4:30–5:30 p.m.; think,” said Tarallo. FRIDAY, APRIL 9 Change Service Requested Schlegel 207 Nominated by faculty, the students were Center for Entrepreneurship Roundtable*: Duncan T. Moore Vice Provost chosen from a variety of disciplines and THURSDAY, MARCH 4 Prisoner Entrepreneurship Program; 9–11 for Entrepreneurship schools. During the first two days of the event, Entrepreneurship and Innovation Series: a.m.; Alumni & Advancement Center, students worked together in six teams of six “Inspiring Innovation: Technology Transfer Seminar Room to come up with creative solutions to retain at the University of Rochester”; Ralph An exciting time for SATURDAY, APRIL 10 smart, hard-working young people following Kuncl, Provost and Executive Vice President; ArtAwake*: Art and music festival in a graduation. They presented their suggestions Robert Clark, Dean of the Hajim School entrepreneurship vacant downtown bank; 5 p.m.–2 a.m; 35 to an audience of academics, community of Engineering; and Peter Robinson, Vice A flurry of entrepreneurial activity has taken State Street, Rochester; (Visit artawake.org) leaders, local and state officials, small business President and COO of the Medical Center; place throughout the University this past year. owners, and media on Sunday. 12–1:15 p.m.; Genesee Valley Club; THURSDAY, APRIL 15 All schools held entrepreneurship activities Several major factors contributing to the (Register at rochester.edu/alumnievents) Farash Lecture Series at the Simon in recognition of the second annual Global issue were addressed at the charrette. “I feel School*: Ed Mitzen ’95S, Founder, Entrepreneurship Week last November. During TUESDAY, MARCH 9 SPOTLIGHT like the main cause [of brain drain] is a lack FingerPaint Marketing; 12:40–1:20 p.m.; the week, a team of five Rochester students Kalmbach Lecture Series at the Simon COURTESY OF SYRACUSE UNIVERSITY COURTESY of positive image associated with New York,” Schlegel 103 University of Rochester was named an international winner in the School*: “Investment Performances using said April Hu ’11, one of the participants from Retaining the Young: Students Tackle Senior finds success with online ‘cottage gear’ company PHOTO Stanford Global Innovation Tournament (see Closed-End Funds and Indexing”; George Rochester. “Like ‘there’s nothing to do; it’s the Problem of Bright Flight in Upstate Like many Rochester seniors, mechanical Kevin Ewer ’11 pitches solutions to keep graduates in upstate New article on page 2). Karpus, CEO, Karpus Investments; 4:30– cold and dreary.’” New York*: 7–8:30 p.m.; Alumni & engineering major Brian MacMillin ’10 has a York at an idea mining session in Syracuse University’s COLAB. The admissions committee for the technical 5:30 p.m.; Schlegel 207 In addition to students’ poor perception Advancement Center, Seminar Room busy schedule. He is enrolled in a graduate-level entrepreneurship and management (TEAM) COVER STORY of the region, the presenters cited the lack of THURSDAY, MARCH 11 engineering course, plays saxophone in the master’s program is in the midst of select- MONDAY, APRIL 26 marketing and communication about the pos- Kalmbach Lecture Series at the Simon University’s Wind Symphony, and takes piano ing the class of 2011. We have a remarkable Mark Ain Business Model Competition itive, such as low cost of living, short commute School*: Rick Plympton ’87 (BS), ‘99S lessons at the Eastman School of Music. He is also Universities collaborate to group of applicants from more than a dozen Entries Due: 4 p.m.; Center for times, and the numerous social and cultural (MBA), CEO, Optimax Systems; 12:40–1:20 the founder and sole labor force of a profitable countries. Additionally, our current TEAM class Entrepreneurship, Carol Simon Hall 1-211; activities available. Students said university p.m.; Schlegel 102 company, Outdoor Equipment Supplier, LLC. fight upstate’s ‘brain drain’ recently expanded when electrical and com- Submit electronic copy to andrea.galati@ career centers need to highlight the benefits of Through his online storefront (visit www. puter engineering student Yu (Joylyn) Cao ’09 FRIDAY, MARCH 12 rochester.edu working in small- to mid-sized cities. outdoorequipmentsupplier.com), MacMillin offers OLAB at The Warehouse in Syracuse, N.Y., looks more like a (BS), ’10 (MS) transferred into the program. Rochester Youth Year Applications Due*: The students recommended several re- FRIDAY, APRIL 30 a line of ultra lightweight tarps made from his house from MTV’s The Real World than a site to solve complex There is a number of exciting entrepreneur- (Visit youthyear.org) form measures. Each group suggested types Celebration of Entrepreneurship own design. A self-taught manufacturer, Mac- Cproblems. The fourth floor boasts a bean bag chair lounge, ship events on the horizon. The Prisoner Entre- of government incentives, ranging from stu- TUESDAY, MARCH 16 Luncheon and Rochester Regional Millin cherry picked advice and instructions from graffiti-covered walls, and a foosball table surrounded by chic urban preneurship Program, an innovative rehabilita- dent loan forgiveness to help with buying a CFE Presentation for Prospective Business Plan Contest Finals*: 9 do-it-yourself hiking Web sites to create his first décor. Designed to foster an atmosphere of innovation and imagination, tion program based in Texas, will be visiting house in the area to tax breaks for starting a Rochester Early Business Scholars a.m. – 1:30 p.m.; Hyatt Regency Rochester, tarp on his mother’s sewing machine at age 14. students and faculty are expected to get serious work done at COLAB— the University on April 8 as part of the Center company. Another popular solution included (REBS)*: 10–11 a.m.; Location TBA Grand Ballroom; (Register at htr.org) He brought in more than $1,000 in revenue that Syracuse University’s interdisciplinary initiative that brings together for Entrepreneurship Lecture Series. The fourth strengthening community-based education Charles and Janet Forbes Entrepreneurial year, averaging six hours to construct each unit. individuals with diverse skills and perspectives to work on challenging annual Mark Ain Business Model Workshop THURSDAY, MARCH 18 programs, so that students have enduring ties Competition*: 1–4 p.m.; Dewey 2-110D Fast forward to today. Last year, MacMillin Entrepreneurship projects creatively and collaboratively. Series and Competition kicked off in January. Kauffman Entrepreneurial Year (KEY) to their local environments. * sold 425 tarps for $40,000, $26,500 of which Last November, 12 students each from the University of Rochester, Finalists will vie for $13,500 on May 12. Applications Due : 5 p.m.; Lattimore 312 TUESDAY, MAY 11 PHOTO BY ADAM FENSTER, UNIVERSITY COMMUNICATIONS According to charrette participant and was profit. He also cut the time to manufacture Cornell University, and Syracuse University convened at COLAB to The Center has worked closely with the Of- BME Senior Design Poster Session* Brian MacMillin ’10, founder of Outdoor Equipment Supplier, LLC, cuts a bolt of Spinnaker online business owner Andrew Agnello ’11, THURSDAY, APRIL 1 each unit down to 90 minutes. Without spending tackle the issue of “brain drain” in central and upstate New York. Ac- fice of Alumni Relations to create a new three- Ultra-Light fabric for his tarps using a handmade template in Douglass Dining Center. one specific way to curb the trend of “bright Mark Ain Business Model Workshop WEDNESDAY, MAY 12 a cent on advertising, he estimates he has sold Entrepren cording to the University’s Career Center, nearly three-quarters of the part luncheon series called “Entrepreneurship for flight” is through an “entrepreneurship incu- 3: “Panelist Session: Open Q&A”; David Mark Ain Business Model Competition nearly 1,000 tarps in multiple countries, including MacMillin is able to charge an extra $25 for the Still, MacMillin looks forward to creating his class of 2009 have left the greater Rochester area. At Syracuse Univer- and Innovation.” You can learn more and bator program.” This system would encour- Hessler, Executive Lecturer, Simon School; Finalists’ Presentations and Judging: France, China, Australia, and South Africa. tarp. “People will spend a lot of money to save own workshop space. He plans on renting a sity, the statistic is estimated at 90 percent. register at www.rochester.edu/alumnievents. age students to set up businesses in the region Duncan Moore, Vice Provost and Professor, 4–5:30 p.m.; Schlegel, Eisenberg Rotunda MacMillin credits his success to word-of- an ounce,” he says. “If each thing [in your pack] two-bedroom apartment in Rochester while he The students were asked to approach the problem through a three- Dean Raffaella Borasi at the Warner Gradu- in exchange for funding from a combination Simon School and Hajim School; and Bob mouth, including satisfied customers’ frequent weighs two and a half ounces less, you save three completes his master’s in mechanical engineer- day charrette titled “Work/Play/Stay.” A charrette, sometimes called a ate School of Education is pleased to host a WEDNESDAY, JUNE 2 of the university and the city. Tobin, Entrepreneur-in-Residence and Web posts on five major hiking forums. He also pounds. Day in and out, that’s a nice change.” ing at the University next year.
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