September Newsletter
Jules F. Knapp Enterpreneurship Center
Knapp Center
UPCOMING EVENTS
September 23 - Knapp Center Lecture
September 25 - Connectiviity
About the Jules F. Knapp Entrepreneurship Center
The Knapp Center was designed to support a swift and significant expansion of entrepreneurial activity at and around IIT. By leveraging the Center's resources, client companies can solidify their business structure, develop a sound launch strategy, reduce risk, prepare for and take on smart investment, scale their enterprise, and benefit from the Center's and IIT's established networks.

August Connectiviity

August Connectiviity

The Jules F. Knapp Entrepreneurship Center Welcomes Dave Winkin

David Winkin has recently joined the Jules F. Knapp Entrepreneurship Center as its Associate Director.Dave Winkin with Nik Rokop and Jules Knapp He will be working with entrepreneurs from IIT and the surrounding community to help them start and grow their companies.

After receiving his BBA from Loyola, Dave held various operations management positions and continued his education. After obtaining both an MBA and an MS in Financial Markets from the Illinois Institute of Technology, Dave took a position with Walgreen's as a Project Manager, where he led process improvement projects and efforts to expand Walgreen's leading position in the health services market.

Below Dave answers several questions about his experience and thoughts on entrepreneurship.

Q: What attracted you to working with entrepreneurs?

A: Many entrepreneurs are creative and innovative thinkers who are solving problems within existing markets or creating entirely new markets. I find it rewarding to be in a position where I can interact with them and also have an impact on their success.

Q: What attracted you to the Knapp Entrepreneurship Center and the IIT community?

A: Being a graduate of IIT, I'm familiar with the IIT community and have a strong belief that IIT is a valuable resource with untapped potential. The mission of the Knapp Center is to help find and develop the potential that exists both at IIT and the surrounding community, and I'm excited to play a role in working with current and potential entrepreneurs to develop their ideas into successful ventures.

Q: What do you bring to the Knapp Center?

A: My background is in operations management and strategic planning. I have worked with Fortune 500 companies and I understand the planning and organizational structure that needs to be put in place to move from a concept to a functional operation. I will be working to enhance the capabilities of the Knapp Center to help companies build the foundation they need to move forward.

Q: Do you think an entrepreneur is born or made?

A: I think that some people are more predisposed to becoming an entrepreneur. Entrepreneurs are naturally curious; they are continuously seeking new and better ways to solve a problem or create a market niche. They are also self-motivated and highly driven to succeed, even working in an environment filled with uncertainty and ambiguity.

Q: Do you think that people can successfully become entrepreneurs inside large organizations?

A: Definitely. I believe that in most large organizations you will find people who are labeled "mavericks". These are people who want to challenge the organization status quo because they have the ability to envision a new or better way of providing value to either existing or potential customers. However, the problem with most large organizations is that there is no mechanism in place to channel the innovative and entrepreneurial spirit that these employees possess. This is unfortunate because in the emerging knowledge age, continuously innovative firms are likely to be those that encourage entrepreneurship at all levels of the organization. Management must therefore find ways to establish and encourage entrepreneurial activity across the organization.

Q: Is there anything else that you feel is important to share with potential entrepreneurs?

A: If you have an idea, do some research and invest time to thoroughly understand the market in which you wish to compete. Outline a clear and concise plan that includes your goals, the steps you will take to achieve them, and the time and resources that you will need. Finally, you need to be able to articulate your idea and your vision to others.

The Knapp Center was founded in 2004 with a philanthropic gift from Jules F. Knapp, a successful entrepreneur, to provide a support system capable of matching entrepreneurs' bright ideas and personal drive with guidance and access to resources. With the recent addition of David Winkin, the Knapp Center continues to grow in its ability to support entrepreneurial activity at and around IIT.

Students, faculty, and others from the surrounding community can utilize the Knapp Center to develop their ideas and business structure, create a network of people and resources, plan a strategy for raising capital and entering the market, and ultimately create a successful company.

Photo: (L to R) Nik Rokop, Jules Knapp and Dave Winkin at the 2008 City Treasurer's Small Business Expo.

Knapp Center Lecture: Pathways to Entrepreneurship, a MIT Enterprise Forum Global Broadcast

Join the Knapp Center for its September lecture, which will include a live satellite broadcast of "Pathways to Entrepreneurship", part of the MIT Enterprise Forum's 2008 Global Broadcast Series.MITEF

For anyone, launching a high-tech start-up is hard work, with many paths to success. But female entrepreneurs face unique challenges on each of the roads they may follow.  Hear our panel discuss the unique paths they took:     
  • Candida G. Brush (moderator), Division Chair in Entrepreneurship, Babson College
  • Robin Chase (SM '86), Founder of ZipCar, GoLoco.org and Meadow Networks
  • Priya Iyer (SL S'05), President, Anaqua
  • Christina Lampe-Onnerud, Founder and CEO, Boston-Power
  • Susan Lindquist, Professor of Biology, MIT, Scientific Founder, FoldRx Pharma
This program will be broadcast live via satellite from Technology Review's EmTech08 Conference, which is being held at MIT.

Refreshments will be served. There is absolutely no charge for this event, but RSVPs are required and should be made to keplinger@iit.edu.
 
Event Info
6:00 - 8:00 p.m.
September 23, 2008

Illinois Institute of Technology
Life Sciences Building, Room 121
3105 South Dearborn

Connectiviity

Please join the Jules F. Knapp Entrepreneurship Center, the University Technology Park at IIT, and Wexford Science + Technology for our monthly networking event on Thursday, September 25th!

Our featured guest this month will be Hyde Park Angels, an organization that provides a forum for entrepreneurial-minded members to invest in seed and early-stage businesses, primarily located in the Midwest. The Chicago-based Hyde Park Angel Network was launched in 2007 by a group of classmates from the University of Chicago Graduate School of Business Executive MBA Program. Hyde Park Angels' currently has two portfolio companies, Shuffle Tech LLC and UICO LLC. Visit www.hydeparkangels.com for additional information.

Connectiviity brings together the entrepreneurship community both within IIT and the greater Chicagoland area and provides the opportunity to network and share experiences with fellow entrepreneurs. Whether you are currently an entrepreneur or are considering starting a business, this event can help you make the connections you need to get your new venture started or grow your existing business. Come explore what the Knapp Center, University Tech Park, Wexford and IIT have to offer!

Refreshments will be served. There is absolutely no charge to attend this event. For more information, contact Jennifer Keplinger at keplinger@iit.edu.

Event Info
5:00 - 7:00 p.m.
September 25, 2008

Technology Business Center Atrium
University Technology Park at IIT
3440 South Dearborn