Minneapolis, MN
August 23, 2022
June 26, 2022
June 29, 2022
Entrepreneurship & Engineering Innovation Division Technical Session 5
14
10.18260/1-2--40834
https://peer.asee.org/40834
280
Currently the Villanova Director of Engineering Entrepreneurship and former Lynn University Endowed Chair of Entrepreneurship, I spent 15 years as a global university innovation manager, with a successful track record in opportunity identification, company spin out, licensing, and commercialization of medical technologies. Now I build high impact experiential teaching environments at both undergraduate and post graduate levels.
I believe entrepreneurship has the power to fundamentally change the way we live and work. As an educational discipline entrepreneurship enables students to be more creative, more compassionate, and more empowered citizens. My entrepreneurial students learn and leverage their creativity through Design Thinking and the innovation process; they build physical prototypes and MVP's; they test value propositions through customer discovery; they form lean ventures to explore business models; and explore crowd funding campaigns to validate their business concepts.
My global business development partnerships include: MIT/Madrid Consortium, The Welcome Trust Foundation, Medtronic, Natus Medical, Bayer, Roche, Eli Lilly, TM Ventures, ARCH Development Partners, The Wallace Coulter Foundation, as well as various government and universities.
Megan Kempf VSB '23 is a rising senior at the Villanova School of Business pursuing her BBA with Honors degree. She is double majoring in Finance and Business Analytics and double minoring in Engineering Entrepreneurship and Real Estate. Megan is also the Founder and President of the Engineering Entrepreneurship Alumni Mentorship Network through which she promotes the continuation of entrepreneurship involvement during and following completion of the E2SI summer program. She strives to foster a community for students to successfully navigate the startup process and ultimately launch their ventures.
Richard Stumpf, J.D., serves as the Assistant Director of Engineering Entrepreneurship and Adjunct Professor at Villanova University. He earned a Bachelor of Arts from Villanova University and Juris Doctorate from Seton Hall Law School. His work focuses on helping students develop an entrepreneurial mindset through the Engineering Entrepreneurship Minor and Engineering Entrepreneurship Summer Institute.
We recently developed a Multilayered Mentor Model for our popular Engineering Entrepreneurship Summer Institute at Villanova University. Our Multilayered Mentor Model layers the experience, social capital and empathy associated with peer mentoring with the transfer of knowledge, skills, and ability associated with traditional mentors. Peer mentors, selected from recent graduates of our Engineering Entrepreneurship Summer Institute, were paired with successful entrepreneurs to guide student venture teams. The Multilayered Mentor Model, developed to reflect current best mentor practices, included mentor matching, goal setting, coaching and guidance. Our exit survey informed us that the multilayered mentor structure led to an enhanced and empowered learning environment for student venture teams. Additionally, peer mentors indicated strong enthusiasm for the personal relationship with the senior mentor and an increased desire for engagement in entrepreneurship. In this paper we discuss formation of the Multilayered Mentor Model, outcomes from implementation of the model within our Engineering Entrepreneurship Summer Institute and discuss plans for future development. An overview of pilot model activity, including mentoring structure and topics are provided.
Olivier, L., & Kempf, M., & Stumpf, R. (2022, August), Work In Progress – The Process of Developing a Multilayered Mentor Model at our Engineering Entrepreneurship Summer Institute Paper presented at 2022 ASEE Annual Conference & Exposition, Minneapolis, MN. 10.18260/1-2--40834
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