Designed by: Yin Zheng Kenan Zhang Qiren Wang CMU SUMMIT US-CHINA INNOVATION AND ENTREPRENEURSHIP 2015 APRIL 25-26, 2015 Brochure Designer: Yin Zheng CARNEGIE MELLON UNIVERSITY Graphic Designers: Kenan Zhang Qiren Wang Welcome Letter from Chair Table of Content Dear All, On behalf of the organizing team of the 4th CMU Summit About CMU Summit ...................................1 on US-China Innovation and Entrepreneurship, I would like to express our warmest welcome to you. Welcome to our CMU & Pittsburgh.......................................2 conference, to Carnegie Mellon University and to Pittsburgh. Debut on April 28, 2012, CMU Summit has become an iconic and top tier professional event in Eastern and Central US. Agenda ......................................................3 In the past few years, our Summit brought huge impacts to Carnegie Mellon and its local and regional community, and Openning Remarks.....................................5 gained wide media coverage. This year, we would like to carry on the legacy from the previous three conferences and to Keynote Speakers ......................................7 continue our mission of sharing the emerging challenges in China and the US. Today, we are honored to have leading entrepreneurs, Panel Speakers ..........................................9 company executives, venture capitalists and researchers from both China and the US. They join us in Carnegie Mellon New Venture Competition ..........................19 Bing Zhou University to address hot issues in various domains, such as information technology, finance, energy, innovation and Executive Chair Finalists.......................................................21 entrepreneurship. We intend to establish a bridge between the of 2015 Conference US and China and create potential opportunities for future partnerships. Besides, we wish that our students could benefit 2015 CMU Summit Team ...........................23 and gain inspirations from this precious chance of face-to-face Bing Zhou interaction with these leading figures from their respective Companies..................................................25 industries. One of the highlights of the 4th CMU Summit is going Partners.......................................................27 to be the New Venture Competition. This year, the competition received an overwhelmingly large volume of over 110 applications and the selection process has been very Medias.........................................................29 competitive. Our panel of judges consists of top tier angel investors and venture capitalists from both China and the Sponsors.....................................................31 US. We look forward to hearing the pitch competition of all the finalists, and we are extremely happy that CMU Summit Campus Map...............................................32 becomes a platform to assist young and passionate future entrepreneurs to make their ideas come true. Last but not least, we want to give our special thanks to our speakers, partners and sponsors. Without their great support and contribution, we would not have gone this far. We would also like to thank our attendees for their interests in our Summit. We hope that you will have a great and enriching time here. We wish you every success in your future study and career. 1 2 About CMU Summit CMU & Pittsburgh The 4th CMU Summit Conference Our Mission The 4th CMU Summit on US-China Innovation and Entrepreneurship • To address emerging challenges in areas where China and the US is organized by the joint efforts of the CMU Summit Committee and share common interests and build up future partnershps. Chinese Student & Scholars Association at Carnegie Mellon University • To involve leading institutions of both China and the US, including (CMU-CSSA). The summit will host leading scholars, industry leaders, Carnegie Mellon University, Pittsburgh region, Pittsburgh local entrepreneurs, policymakers and venture capitalists from both the US and entrepreneurs, Chinese decision and policy makers, and Chinese China to discuss current issues including information technology, finance industry leaders and scholars, in a better mutual understanding. and capital markets, innovation and entrepreneurship, and energy. The summit is also highlighted by its New Venture Competition, breakout • To provide a great platform for exchanging ideas about current sessions and networking opportunities. technological and industrial development among leading scholars, students, industry leaders, entrepreneurs, policymakers, and potential investors from China and the US. • To promote innovation and entrepreneurship at CMU and the Pittsburgh region, which will improve US-China cooperation. Review of CMU Summit CMU and Pittsburgh From 2012 to 2014, we have had held three CMU summits, which Carnegie Mellon University (www.cmu.edu) is a private, internationally had had significant influence and attracted wide public attention. ranked research university with programs in areas ranging from science, technology and business, to public policy, the humanities and the arts. • Over 100 high-profile speakers and experts from different More than 13,000 students in the university’s seven schools and colleges industries presented their insights; benefit from a small student-to-faculty ratio and an education characterized by its focus on creating and implementing solutions to real problems, • More than 2000 participants from 34 cities across the US interdisciplinary collaboration and innovation. A global university, attended the conference and involved in the heated discussions; Carnegie Mellon’s main campus in the United States is in Pittsburgh, PA. • Over 200 teams brought their intelligent and innovative ideas Pittsburgh is the second largest city of Pennsylvania and the county seat to the New Venture Competition; of Allegheny County. Nationally, it is the 22nd largest urban area in the United States. Pittsburgh is known colloquially as “the City of Bridges” and • 50 media coverage and 12 media partners including CCTV “the Steel City” for its many bridges and former steel manufacturing base. , Sina, Xinhua News Agency, Youku, etc. The team was While the city is historically known for its steel industry, today its economy interviewed by WPXI (Our Region’s Business-Building is largely based on healthcare, education, technology, robotics, and financial Partnerships Between Pittsburgh and China) and KDKA2. services. Major publications often note Pittsburgh’s high livability with the city claiming the top overall spot in the United States in recent “most livable city” lists by Places Rated Almanac (2007), Forbes (2010), and The Economist (2011). In 2012, National Geographic named Pittsburgh one of the best worldwide travel destinations. 1 1 2 3 4 Agenda Agenda April 25, 2015 Saturday April 26, 2015 Sunday Registration 8:30am - 9:30am 9:00am - 9:20am Registration Outside Kresge Recital Hall, College of Fine Arts Building Outside Giant Eagle Auditorium, Baker Hall A51 9:30am - 9:40am Welcome Remarks Keynote 4 Kresge Recital Hall, College of Fine Arts Building 9:20am - 9:50am Feng Li, Partner, IDG Ventures Giant Eagle Auditorium, Baker Hall A51 Opening Remarks , Co-Director, Center of Innovation and Entrepreneurship 9:40am - 10:10am Lenore Blum Innovation and Entrepreneurship David S. Mawhinney, Co-Director, Center of Innovation and Entrepreneurship 10:00am - 11:50am Energy and Environment Panel Lecture Hall136A, Baker Hall Panel Kresge Recital Hall, College of Fine Arts Building Giant Eagle Auditorium, Baker Hall A51 Keynote 1 Lunch event: Round Table Talk with Angel Investors and VCs (by 10:15am - 10:45am K. Jimmy Hsia, Vice Provost, Carnegie Mellon University 12:00pm - 1:30pm Kresge Recital Hall, College of Fine Arts Building registration) Singleton Room, Roberts Hall 10:45am - 10:55am Break 1:40m – 4:40pm New Venture Competition Keynote 2 Giant Eagle Auditorium, Baker Hall A51 10:55am - 11:25am Jerome Pesenti, Vice President, Core Technology, IBM Watson Kresge Recital Hall, College of Fine Arts Building 5:00m –7:30pm IDGenius Talk by IDG Ventures Giant Eagle Auditorium, Baker Hall A51 Keynote 3 Closing Remarks 11:25am - 11:55am Bo Zhu, Chief Dream Chaser, Dream Chaser Funds; Founder of Innovalley 7:30m –7:40pm Kresge Recital Hall, College of Fine Arts Giant Eagle Auditorium, Baker Hall A51 12:00pm - 1:30pm Lunch event: Networking with speakers and recruitment (by registration) Singleton Room, Roberts Hall 1:40pm - 3:30pm Information Technology Panel Giant Eagle Auditorium, Baker Hall A51 3:40pm - 5:30pm Finance and Capital Market Panel Giant Eagle Auditorium, Baker Hall A51 6:00pm - 9:00pm Private Dinner (Invited Only) Omni William Penn Hotel, Downtown Pittsburgh 3 4 5 6 Openning Remarks Openning Remarks Lenore Blum (PhD, MIT) is Distinguished Prior to joining Carnegie Mellon, Dave Career Professor of Computer Science at was co-founder, Chairman and CEO Carnegie Mellon and Founding Director of mSpoke, an internet content and of Project Olympus. Project Olympus is advertising recommendation engine, was a good example of her determination to acquired in 2010 by LinkedIn, the world’s make a real difference in the academic leading professional social networking community and the world beyond. site. In 2006, Morgan Stanley’s MSCI/ Olympus has two main aims: to bridge Barra business unit acquired mSpoke’s first the gap between cutting-edge university business line, a quantitative investment research/innovation and economy- recommendation engine. promoting commercialization