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Blog Category: National Advisory Council on Innovation and Entrepreneurship

Robin Chase, Founder of Zipcar and Buzzcar, Discusses Opportunities to Leverage Excess Capacity for Innovation

Robin Chase, Founder of Zipcar and Buzzcar

Guest blog post by Nish Acharya, director of the U.S. Commerce Department Economic Development Administration’s Office of Innovation and Entrepreneurship

In the second of the series of conference calls with national leaders in innovation and entrepreneurship, we had small business owners, entrepreneurs, innovators and stakeholders join me for an in-depth conference call with Ms. Robin Chase, founder and former CEO of Zipcar, founder and CEO of Buzzcar, and a member of the National Advisory Council on Innovation and Entrepreneurship (NACIE).

Ms. Chase started the conversation by giving us some background about how she started Zipcar in June 2000 with $75,000 that she had raised. She was able to raise more money from the Boston venture capital community by attending every start-up meeting she could, using the fact that she obtained degrees from a “local” college and university to pitch her idea. Her efforts paid off: for example, an MIT angel venture group funded a significant portion of the early investment in Zipcar.

Ms. Chase shared that she spends a lot of time thinking about the use of excess capacity and believes that this is a fertile area for innovation. She provided several examples of companies that have been built around this concept, including Skype and Buzzcar.

Secretary Locke Visits Research Triangle for Public Forum on Innovation, Entrpreneurship and Education

Steve Case, right, listens as Secretary of Commerce Gary Locke talks during a meeting of leading innovative thinkers and entrepreneurs who make up President Barack Obama’s National Advisory Council on Innovation and Entrepreneurship.

U.S. Commerce Secretary Gary Locke was joined by North Carolina Governor Beverly Perdue at the University of North Carolina at Chapel Hill today to participate in the first town hall-style public forum of the National Advisory Council on Innovation and Entrepreneurship (NACIE) and discuss the importance of education to U.S. competitiveness.  Today's press release
 
At the meeting, NACIE subcommittees presented updates to Locke and the full Council on their work developing recommendations on how to better incentivize innovation and entrepreneurship to help America win the future by out-innovating, out-educating and out-building our economic competitors.

Incorporating a wide range of stakeholder input, reports included initiatives to develop new cross-college, cross-disciplinary educational programs that connect business with science, math, technology and engineering fields and extend these programs to young people in underserved and low-income areas by involving community colleges in consortia for training and mentoring in innovation and entrepreneurial activities.

Secretary Locke Hosts First Meeting of the National Advisory Council on Innovation and Entrepreneurship

Secretary Locke Seated at Table Addressing Members of CouncilSecretary Gary Locke today hosted the first meeting of the National Advisory Council on Innovation and Entrepreneurship at the Commerce Department. The Council advises Locke and the administration on key innovation and entrepreneurship issues and supports President Obama's innovation strategy by helping to develop policies that foster entrepreneurship and identify new ways to take great ideas from the lab to the marketplace to drive economic growth and job creation.

Council members include successful entrepreneurs, investors, and university and non-profit leaders. Steve Case, chairman and CEO of Revolution and co-founder of AOL; Mary Sue Coleman, president of the University of Michigan; and Desh Deshpande, chairman of Sparta Group, A123 Systems and Sycamore Networks, among others, serve as the advisory council’s co-chairs. To see the full agenda from today's meeting, please click on the following link. Agenda (PDF)

To share ideas on how to spark innovation and entrepreneurship in the U.S. and hear from Steve Case, co-chair of the National Advisory Council on Innovation and Entrepreneurship, on the topic and the council’s first meeting, click here.

Secretary Locke Announces Members of National Advisory Council on Innovation and Entrepreneurship at Michigan Innovation Forum

U.S. Commerce Secretary Gary Locke today announced the members of the National Advisory Council on Innovation and Entrepreneurship during an innovation forum at the University of Michigan in Ann Arbor. Locke hosted the event along with the Commerce Department’s Office of Innovation and Entrepreneurship at the Economic Development Administration.

The National Advisory Council on Innovation and Entrepreneurship will support President Obama's innovation strategy by helping to develop policies that foster entrepreneurship and identifying new ways to take great ideas from the lab to the marketplace to drive economic growth and create jobs. Members of the council include serial entrepreneurs, university presidents, investors and non-profit leaders.

“I want to extend my gratitude to the leaders selected to The National Advisory Council. Their work will be a key component of America’s economic recovery,” Locke said.

Participants at the forum discussed the role of universities in innovation, economic development, job creation and commercialization of federally funded research.

Earlier this year, Locke kicked off a national dialogue on these issues at a forum on “Catalyzing University Research for a Stronger Economy” with university leaders and key stakeholders in Washington, D.C. The Ann Arbor forum is the third of four in a series of regional innovation forums hosted by Commerce’s Office of Innovation and Entrepreneurship, with previous forums held at the University of Massachusetts and the University of Southern California. The final upcoming forum will be held at the Georgia Institute of Technology. Release