//UMass Lowell Global Entrepreneurship Webinar 5 on Wed July 31 at 6:30 pm IST (1:00 pm GMT)

UMass Lowell Global Entrepreneurship Webinar 5 on Wed July 31 at 6:30 pm IST (1:00 pm GMT)

IUCEE and the Jack M. Wilson Center for Entrepreneurship at University of Massachusetts Lowell
Webinars focusing on entrepreneurship and innovation education.
Our Fifth webinar is scheduled on
Wed, July 31 at 6:30 pm IST (1 pm GMT, 9 am EDT)
“Case Study: UMass Lowell’s Innovation Hubs & Venture Incubators”
Link to Register
This webinar will explore best practices in the planning, operations and strategic management of innovation hubs and venture incubators. The discussion will touch on key milestones in successful operations from early strategic planning considerations, fundraising & resource development, initial launch & ramp up and ongoing operations & expansion. Attendees will learn about important elements to successful incubator operations including development of a sustainable financial model, marketing & outreach to key stakeholders (including members, partners, sponsors and community supporters), program & event planning and overall management of community & stakeholder relationships.
We will share specific details on UMass Lowell’s initial Innovation Hub in Lowell, MA (opened in June 2015) and the 2nd Innovation Hub in Haverhill, MA (opened November 2017). Each site comprises roughly 11,000 square feet of mixed-use space and supports a variety of programs, events and service offerings. In addition, each facility is located in the heart of a post-industrial city (i.e., former mill town) and serves as a cornerstone in the regional innovation ecosystem. The two Innovation Hubs currently host 48 member companies (primarily technology-based startups from both UMass Lowell and the broader region) and provide a broad range of services that support technology commercialization, new venture development and broader economic development in the region. Each of these items will be discussed in more detail during the webinar. In addition, our recently launched “Innovation Hub in a Box” program will be highlighted, a program designed to help interested campus leaders best integrate an Innovation Hub facility in their region.
Tom O’Donnell, Senior Director, Innovation Initiatives at UMass Lowell. Primary responsibilities include oversight and operationsof the two UMass Lowell Innovation Hubs in Lowell and Haverhill, MA, new venture incubator and coworking facilities supporting early stage, technology-based startups in a variety of areas including advanced materials / sensors, cleantech, robotics and information technology. Tom is also a faculty member at the Manning School of Business at UMass Lowell teaching undergraduate and graduate courses in innovation strategy, emerging technology commercialization, entrepreneurship, new venture creation and strategic management. He is actively engaged in mentoring student and faculty teams in starting new ventures and is a key contributor to ongoing efforts to expand innovation and entrepreneurship programs on campus for students, researchers and faculty.
In addition, Tom serves as overall program director for the annual Deshpande Symposium for Innovation & Entrepreneurship in Higher Ed (now in its 8th year and held annually at UMass Lowell) and is a member of the Leadership Advisory Team for EForAll (Entrepreneurship for All) – Lowell & Lawrence. He is also a long-term mentor with the MIT Venture Mentoring Service and serves on the advisory board for the Mass Tech Collaborative Annual Innovation Index. Prior to UMass Lowell, Tom worked for over 20 years in the high-tech industry (primarily computer networking and telecommunications) in a variety of roles from business development, sales and marketing to engineering, research and advanced technology development. Tom holds a B.S.E.E from Worcester Polytechnic Institute, M.S. Computer Engineering from Boston University and MBA from MIT.