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- (141c) Integrated Product and Process Design at the University of Florida
Recently an entrepreneurial variant of the IPPD program, Integrated Technology Ventures (ITV), was created. The ITV program builds upon successful UF industry interaction model programs such as IPPD, the Center for Entrepreneurship and Innovation (CEI), the Office of Technology Licensing (OTL), and two university supported technology start-up incubator facilities. The students learn the entrepreneurial process as members of a virtual company led by a serial entrepreneur who acts as a volunteer CEO. The company is composed of a CEO, a business development team of MBA students (coached by entrepreneurial faculty) a multidisciplinary technology development team of undergraduate engineers (coached by engineering faculty), and a legal team composed of students in the patent law program (coached by adjunct law school faculty). Funding for these projects has been secured through the Economic Development Administration, the Lemelson Foundation (via the National Collegiate Inventors and Innovators Alliance), and the University of Florida. Several ITV technologies have been licensed and one start up business has spawned.