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The 6th Annual Corporate Entrepreneurship Forum is Next Week!
Date: Thursday, October 24, 2024 Location: Tepper School of Business, 4765 Forbes Avenue, Pgh, PA 15213
The Corporate Entrepreneurship Forum is the Corporate Startup Lab’s signature event, part of Corporate Startup Week, that seeks to help companies build and create transformative growth opportunities by applying venture best practices to corporate innovation and entrepreneurship projects. The theme of this year's Forum is "Accelerating Innovation: Driving Value to Scale."
Leaders in industry, venture and academia will share the latest ideas, trends, example case studies and impactful conversations in corporate innovation.
Join us and share the event details with any colleagues whom you think would benefit from attending.
There is no cost to attend thanks to our sponsor, Deloitte!
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| Sid Viswanathan, Founder and Co-CEO, Alchemy
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| Alchemy Raises $31M In Seed Funding Led by Andreessen Horowitz
Alchemy, a developer of in-house pharmacy programs for clinics with large HIV and hepatitis C patient populations, has raised $31M in seed funding led by Andreessen Horowitz. CMU alumnus Sid Viswanathan is the founder and Co-CEO.
Also participating in the round was Earvin "Magic" Johnson, Sandberg Bernthal Venture Partners, Banc of California and existing investors Twine Ventures, Springbank and AlleyCorp.
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Dah-Varsity TOYZSTEAM Hosts High School Students During Pittsburgh Tech Week
During EXPLORE Pittsburgh Tech Week at Carnegie Mellon University, Damola Idowu and his son Wole Idowu, founders of Toyz Electronics, held workshops for various Pittsburgh high school students at the CMU Swartz Center.
Using their Dah-Varsity Video Game that integrates their TOYZSTEAM platform for STEAM learning, the two aim to empower 100 diverse students in Pittsburgh, PA. The TechWeek workshops, presentations and interactive experiences focused on video games, entrepreneurship, 3D modeling, AI and data science, storytelling and comic books, music and creating virtual superhero avatars with 3D printing. Currently, Damola and Wole have over five hundred users in Pittsburgh using the Dah-Varsity App.
Their aim with this event was to provide equity to the students by adding their created story and playable video game assets to highlight their abilities, giving a human context to data science.
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AI Horizons Pittsburgh Summit Draws Global Experts to Bakery Square (Around Town)
This past Monday, East Liberty's Bakery Square, owned by Walnut Capital, played host to the very first AI Horizons Pittsburgh Summit, bringing together global and local experts on artificial intelligence to discuss the future of the sector, safety and regulation, its unique energy requirements and how it will impact different sectors and our world as a whole.
Among the big names involved in putting the event together were Carnegie Mellon University, Duolingo, PNC Financial Services Group Inc., the Jewish Healthcare Foundation, BNY Mellon and BlueTree Allied Angels. At the event, Gov. Josh Shapiro called Pittsburgh the future of artificial intelligence development and said that Pennsylvania, unlike other states that are more tech wary, is a place where “everyone’s going in the same direction.”
Nvidia, a global leader in chipmaking, also had a presence at the event. A formal memorandum was signed recognizing Nvidia's decision to invest in the Pittsburgh region and create its first ever AI Tech Community here in partnership with Carnegie Mellon University and the University of Pittsburgh.
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Innovation Scholars Visit Pittsburgh's Maven Office
Ahead of CMU's Fall Break last Friday, a few of the 2024-26 Innovation Scholars visited AI-powered trucking operations company, Maven, as part of their Proseminar in Entrepreneurial Leadership course. CMU Electrical and Computer Engineering alumnus Daniel Gorziglia (2016), CTO and an Innovation Scholar from the very first cohort, led the visit.
Daniel shared the history of Maven, now partnered with Pitt Ohio, and future plans for the growing company which raised $7M in Series A funding in 2020.
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Join the Swartz Center for Entrepreneurship, Project Olympus and Samsung Next and Radical Ventures on October 29, 2024 for an exclusive event bringing together investors, founders and academics to explore cutting-edge AI/ML topics, including on-device AI, agent/action models and synthetic data. Speakers include Tianqi Chen (OctoML), Matt Fredrikson (Gray Swan) and Vyas Sekar from Carnegie Mellon University, who will discuss the practical applications of their research in real-world settings.
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Fireside Chat with Rohyt Belani and Mirza Baig
Date: Thursday, November 14, 2024 Time: 12:30 - 1:30 PM | ET Location: Swartz Center for Entrepreneurship, Tepper Quad, 4765 Forbes Avenue, Pgh, PA 15213
Hot startups are often pursued zealously by multiple venture capitalists. The entrepreneur, in this case, has a difficult decision to make on choosing their partner. This fireside chat is with one such investor-entrepreneur pair that navigated and nurtured their relationship with care and respect. The outcome— a bumper 5x money on invested capital in three years.
Mirza Baig (the VC) and Rohyt Belani (the entrepreneur). The pair will discuss why they each chose to work with one another, how they navigated challenging times together and where they are now in the relationship.
Sponsored by: Swartz Center for Entrepreneurship, Graduate Entrepreneurship Club, Undergraduate Entrepreneurship Association and Scottie Ventures.
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| CONNECTS/START SMART LAW SEMINARS
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| 10/24 REGISTER START SMART LAW: How to Form Your Startup Company, Part I (David Lehman, K&L Gates; Stephanie Dangel, Pitt School of Law)
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| Can't make a CONNECTS? Watch on our YouTube channel. Find out more and see the full schedule.
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| The mission of 99 Tartans is to partner with the highest potential, early-stage CMU alumni companies and accelerate their success through access to capital and networks. Find out more.
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CMU ENTREPRENEURSHIP CLUBS
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| Click the images to see upcoming Club events!
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The CMU Tech & Entrepreneurship group aims to build a bridge between CMU students and alumni across the startup and tech continuum. With main chapters in NYC, Pittsburgh, and SF, we offer a range of in-person and online events and programming in the form of panels, workshops, founder/investor engagements, startup support, and socials to foster collaboration, innovation, and networking opportunities.
Join 7,000+ Tartans on our Slack workspace and mailing list for resources and updates on how you can engage in the community and CMU entrepreneurial ecosystem. Find out more and get involved!
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The following companies help directly support our programming and entrepreneurs.
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| Pillsbury and Steptoe & Johnson, PLLC are holding office hours for the CMU Swartz Center for Entrepreneurship. The office hours are for any interested CMU graduate, undergraduate or alumni interested in entrepreneurship or connecting with members of the Swartz Center network.
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Pillsbury Winthrop Shaw Pittman LLP
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| Legal Services Weekly Virtual Office Hours with Matt Kirmayer Mondays 1:00-3:00 PM ET (10-12 PT)
Matt Kirmayer of Pillsbury Winthrop Shaw Pittman LLP, is offering office hours for newly established startup and emerging companies. Matt specializes in representing technology startups and emerging growth companies, assisting with entity formation, fundraising and overall growth needs. Startup companies with a founder who is a CMU graduate, undergraduate or alumni is eligible to register for an appointment. Complete the Signup Form for a 30 minute session by the Thursday prior to your desired appointment.
Contact Daria Stokes for office hours outside of these regular hours.
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| PATRON SPOTLIGHT
Goodwin
Goodwin is a full service law firm with practice areas and expertise specifically tailored to represent startup companies in all of their legal needs, including IP, corporate, employment, contracts, transactions, litigation and much more. The Firm has put in place special startup-friendly pricing packages uniquely designed for Carnegie Mellon University companies.
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HOW TO WORK OUT OF THE SWARTZ CENTER
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Swartz Center Education and Resources
No matter what phase of the entrepreneurship cycle you're in, there are programs and resources at the Swartz Center for Entrepreneurship that will take your idea to the next level. Find out more.
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Project Olympus Incubator Program
Want more help with finding product/market fit, developing your business model, making connections and attracting funding? Project Olympus will team you up with a business coach to develop a personalized ‘roadmap. Find out more.
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COMMUNITY OPPORTUNITIES/RESOURCES
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FIND OUT WHAT OUR PARTNERS ARE DOING
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Have startup news or opportunities to share? Have questions about the Swartz Center Weekly Bulletin? Send news, opportunities or questions to Sonya Ford, Program Manager.
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Carnegie Mellon University Swartz Center For Entrepreneurship 5000 Forbes Avenue | Pittsburgh, PA 15213-3890 |
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