NewNEW Ithaca ITHA spacesCA SPA CESfor EtrepreneursFOR ENTREPRE | NstartupEURS culture| STARTUP at Cornell CULTURE tech AT | C andORN more...ELL TECH | AND MORE... ESHIP: The Magazine of Entrepreneurship@Cornell STARTUP CORNELL Growing Entrepreneurs eship.cornell.edu 2014 2014 Issue NYC 2014 Beyond the Horizon NOVEMBER 7, 2014 8am - 7pm Where: The Timescenter, 242 West 41st Street, New York, NY 10036 Hosted By: entrepreneurship@cornell Learn about last year's summit at: http://summit.eship.cornell.edu For additional information: Contact Deb Moesch at 607-254-2802 or [email protected] ENTREPRENEURSHIP SUMMIT FromFrom the the Director Director of of ENTREPRENEURSHIP@CORNELLENTREPRENEURSHIP@CORNELL ThanksTHANKS for for reading reading our ourspring spring 2014 2014edition edition of eShip. of eShip.We have We an have an 6 Cornell Tech Adds New Degree Programs. In 2014 Cornell incredibleincredible amount amount of entrepreneurial of entrepreneurial activity activityon campus on andcampus in the andIthaca in Tech will add two new master degree programs to complement the community.the Ithaca Itcommunity. is wonderful Itto iswitness. wonderful to witness. current M.Eng. in Computer Science. This spring, Johnson will E@C lives by its mission, our fundamental purpose: “Finding kick off its first class of students in its new tech-oriented One-Year and Fostering the Entrepreneurial Spirit in Every Cornell Par- MBA program geared towards the Digital Economy. In the fall, ticipant. In Every College. Every Field. Every Stage of Life.” This an innovative two-year degree will also launch – in this program mission has remained unchanged for over 15 years and is clearly students receive dual MS degrees from Cornell and Technion – still applicable to our office. and the degree concentration will be on Connective Media. As E@C also lives by its vision, our aspirational stretch goal: “By you know, at Cornell Tech faculty and staff are committed to the 2020, with E@C’s support, activities and leadership, Cornell will unifying mission of cultivating entrepreneurial technologists. attain a premier global reputation for entrepreneurial excellence.” The new degree programs are wonderful additions to Cornell’s It takes a University to attain this vision, and unlike our mission entrepreneurship landscape. statement, our vision statement is new. It has not been tested, but 7 EII at Johnson. In 2014, the Entrepreneurship and Innovation will be over the next 5 years as we reach and push our boundaries. Institute at Johnson will launch the Smith Family Business If someone asks “what are the best schools for entrepreneurship?” Initiative, made possible by an amazing $10 million gift from John we want to assure that Cornell University is in the answer. Smith, MBA ’74, and his wife Dyan. This donation significantly Here are some initiatives that are core to serving our mission and will bolster EII’s efforts in family enterprise and entrepreneurship, attaining our long-term vision: while it continues to support other types of venture creation and growth. And, since November 2013, EII has formed relationships 1 Getting students credit for working on their startup compa- with incubators and accelerators in Silicon Valley (NestGSV), nies. The current academic year represents the first time that stu- Seattle (Seattle Fashion Incubator), and NYC (Blueprint Health) dents participating in the eLab business accelerator program are to provide MBA student assistance on projects presented by those receiving up to 5.5 credits in courses offered through the Johnson startups. And more collaborations are in the works. School and which include intense interaction with mentors. 8 Appointment of Executive Director of New Venture 2 Expanding the Kessler Fellows Program. This program, which Development. Tom Schryver was recently hired to serve as the serves a very select group of ten to twelve engineering students Executive Director of New Venture Development in Day Hall. working at startups, has had phenomenal results. We would like Tom will be working directly with Mary Opperman, VP of Human to see the Kessler Fellows Program expanded and replicated at Resources, on key economic development and startup initiatives. other Cornell schools and colleges. This is a very positive development for our ecosystem. 3 Creating Student Entrepreneurship Spaces. There are exciting 9 Shining the entrepreneurial spotlight on Ithaca. E@C and initiatives involving the creation of physical spaces directly related Tompkins County Area Development are finishing up the hiring to student businesses and entrepreneurial pursuits. For example, process for a PR/marketing firm that will work with us for at least eHub, when built, will be a vibrant center of entrepreneurship one year to highlight our collective entrepreneurial activities. “doing” in Collegetown. Student Agencies Foundation and participating campus academic units are critical partners to the 10 Increasing our engagement with corporate sponsors. This eHub effort. serves a dual purpose of increasing our financial resources to increase our programming and linking our students directly 4 Adding new entrepreneurship faculty. We are delighted that to corporations and service providers highly interested in the Dyson School has hired Duke University professor Michael entrepreneurship. If your company has interest, please let me Roach as the J. Thomas and Nancy W. Clark Assistant Professor know. of Entrepreneurship. We look forward to further additions to the faculty across campus. The list above is not exhaustive. Rather it highlights some of the positive forces raising the entrepreneurship brand at Cornell. 5 New Appointments at The Pillsbury Institute for Hospitality If you think you can help us serve our mission and attain our vi- Entrepreneurship. At the School of Hotel Administration, Steven sion, please don’t hesitate to contact me directly. Thanks for your Carvell (Associate Professor and Associate Dean for Academic ongoing support and interest. Affairs) was appointed the Academic Director of The Pillsbury Institute for Hospitality Entrepreneurship and Mona Anita K. Olsen (Visiting Assistant Professor) was appointed the Assistant Academic Director. Additionally, SHA added two relevant eship courses, namely Corporate Entrepreneurship, taught by Zachary Shulman ’87, J.D. ’90 Senior Lecturer Neil Tarallo, and Technology for Bootstrapped Director, Entrepreneurship@Cornell Entrepreneurship, taught by Mona Anita Olsen. eship 2014 features Page 13: Title: Startup culture at Cornell Tech. New STARTUP CULTURE ATC ORNELL TECH campus pushesNew limits campus pushes of learning limits of learning and and technology technology13 Page 14: Title: Interns deliver in summer programs. E@C INTERNS DELIVER IN SUMMER PROGRAMS students benefitE@C studentsfrom benefitclose from mentoring close mentoring relationships relationships 14 Page 16: Title: Startup Cornell. Launching new spaces STARTUP CORNELL andLaunching services new inspaces Ithaca and services to support in Ithaca to supportentrepreneurs entrepreneurs 16 Page 19: Title: The quest for the fastest wIreless. Student’s companyTHE Q offersUEST connections FOR THE F atASTEST 100x normal WIRELESS speeds Student’s company offers connections at 100x normal speeds 19 Page 20: Title:Swimming with the sharks. Six SWIMMING WITH THE SHARKS teams Sixpitch teams to pitch VCs to VCs at at annual annual Johnson Johnson event event20 Page 22:Title: Highlights of Celebration and Summit. Our annual HIGHLIGHTS OF CELEBRATION AND SUMMIT events offer connections and inspiration to hundreds. Our annual events offer connections and inspiration to hundreds 22 departments Page 3: Title: Students. Student business Page 12: Departments. Title: Alumni. STUDENTS ALUMNI offers “silent”parties; New Student 03 12 Student business offers “silent”parties; PersistencePersistence pays paysoff foroff forHappy Happy Family Family co-founder; AgenciesNew Student director Agencies looking director to looking grow to grow co-founder; CEN expandsCEN into expands new intocities new cities Page 6: Title: Faculty & staff. Updates from our Page 25: Advisory council & corporate sponsors FACULTY & STAFF ADVISORY COUNCIL & CORPORATE SPONSORS partners on campus; Chuck Whitehead creates 06 new 25 Updates from our partners on campus; breedChuck Whiteheadof lawyers creates at Cornell new breed Law of lawyers at Cornell Law 2014: Vol. 7 Director | Zach Shulman ’87, J.D. ’90 We welcome feedback from readers. eship is published by Program Manager & Internship Program Director | Address correspondence to: Entrepreneurship@Cornell. Debra Moesch Project Specialist | Debra O. Eichten eship Magazine, Entrepreneurship@Cornell Marketing Manager | Peter Cortle Cornell University Administrative Assistant | Natalee Nelson 240 Warren Hall, Ithaca, NY 14853 Writer | Kathy Hovis Phone: (607) 255-1576 | Fax: (607) 255-9330 eship.cornell.edu Design | Jacob Souva, Two Fish Illustration & Design Email: [email protected] 2 eship magazine y eship.cornell.edu 2 ENTREPRENEURSHIP@CORNELL + STUDENTS Student Entrepreneur Creates Gear for Silent Parties Jacob Reisch’s experience in sales and marketing for a Cortland bar and restaurant helped him to realize that he had that entrepreneurial spark. And his experience at an info session for prospective banking/con- sulting students helped cement that idea. “I just didn’t fit in,” he said. “I knew I was interested in starting up a company.” Reisch now has a couple of ventures on his resume. His first com- pany, Party Headphones, is going