Welcome to 51ÁÔÆæ’s Lubar Entrepreneurship Center<\/div><\/div>\n
Center programming aims to make entrepreneurship an integral part of the 51ÁÔÆæ experience for all students and faculty, an aim that is most attractive to the building\u2019s main benefactors, Sheldon and Marianne Lubar.<\/p>\n
\u201cI believe this center will be a game changer not only for Milwaukee but the whole United States,\u201d Sheldon Lubar told the crowd. \u201cThere are other schools that have entrepreneurship centers, but nothing like this. There will be ups and downs in your career, but this is the place where you can start. This is the place where you can talk to people who will support you.\u201d<\/p>\n
Community invited<\/h3>\n
The new facility also provides spaces where anyone in the community can work with 51ÁÔÆæ entrepreneurs on new enterprises. Included are classrooms, gathering spots for speakers and \u201cinnovation labs,\u201d where students can prototype products and software.<\/p>\n
\u201cIt\u2019s not just for people who want to start a company. It\u2019s not just for business majors,\u201d said LEC director Brian Thompson. \u201cWe believe that the skills in entrepreneurship and training in creative and innovative thinking are going to help make all our students more successful no matter what their career path.\u201d<\/p>\n
Funding for the building was launched a $10 million donation from the Lubars in 2015. Since then, the UW System has contributed $10 million, and additional gifts have come from the Kelben Foundation, established by Mary and Ted Kellner; from Milwaukee entrepreneur Jerry Jendusa; 51ÁÔÆæ alum Avi Shaked and wife Babs Waldman; We Energies; and American Family Insurance.<\/p>\n
Entrepreneurship training<\/h3>\n
The LEC\u2019s training is based on two principles. The first is \u201chuman-centered design,\u201d a kind of critical thinking that improves your problem-solving abilities with targeting interviewing designed to acquire the exact information needed. The second is a \u201clean launch methodology,\u201d an approach to startups that leads innovators through a process of idea creation, testing and validation of early-stage business concepts.<\/p>\n
In short, the concepts taught are not limited to business-related innovation.<\/p>\n
Programs offered at LEC include pop-up workshops, interdisciplinary courses and competitions that offer students the chance to win seed funding by pitting their ideas or business plans against others.<\/p>\n
The LEC also administers the only I-Corps site in Wisconsin. Backed by the National Science Foundation, I-Corps teaches faculty and graduate students to turn discoveries they find in the lab into products and startups. Open to teams from the area\u2019s six universities, the program sends would-be entrepreneurs on a customer-discovery sojourn to hone an idea before they go seek funding and spend money on a prototype. Results from the last three years include 19 startup companies.<\/p>\n","protected":false},"excerpt":{"rendered":"
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