© 2013 Boise State University 1

Idaho Rural Partnership

January 8, 2014

Boise State UniversityDivision of Research and Economic Development

Mary Andrews

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Economic Development

Boise State is committed to:

Industry partnerships and prosperity Workforce development

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Higher Education Today

• Globalization• US Economy• Cost of higher education• Value of a degree• Content is everywhere• Competition

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Local employers and national education experts value:

21st Century Skills• Critical Thinking and Problem Solving• Creativity and Innovation• Communication and Collaboration• Life and Career Skills

How do we do this?And encourage students to ‘create a job’ rather than ‘take a job’

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Venture College• Open to students of any major• Led by industry professionals• Pilot of a non-academic program• Flipped Classroom Delivery• Experiences• Self Paced• Mentoring• Internships• Access to Networks• Access to Capital• Badge

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Common Language• The Lean LaunchPad (using the Business Model Canvas), taught at Stanford,

Berkeley, Columbia, Caltech and adopted by the National Science Foundation, emphasizes experiential learning, a flipped classroom and immediate feedback as a way to engage students with real world entrepreneurship.

• Students learn by proposing and immediately testing hypotheses. They get out of the classroom and talk to customers, partners and competitors and encounter the chaos and uncertainty of commercializing innovations and creating new ventures.

• Students do, rather than plan to do. Unlike many approaches to entrepreneurship education, Lean LaunchPad does not rely on static case studies or fixed models; it challenges students to create their own business models based on information derived from personal engagement rather than secondhand market research.

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Results• 21st Century Skills• Companies and new ventures launched• Vet your Dream, again and again.

Existing businesses want in and … its an adaptable model

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Thank you

maryandrews@boisestate.edu