The University of Florida Integrated Technology Ventures (ITV) program is designed to provide engineering and business students with an intense, immersive entrepreneurial experience. The ITV program builds upon successful UF industry interaction model programs such as the Integrated Product and Process Design (IPPD) program, where multidisciplinary student teams design and build authentic industry-sponsored products; the Center for Entrepreneurship and Innovation (CEI), the Office of Technology Licensing (OTL), and two university supported technology start-up incubator facilities. The students will learn the entrepreneurial process as members of a virtual company led by a volunteer CEO. The company will be composed of a CEO, a business development team of 2 MBA students (coached by entrepreneurial faculty) and a multidisciplinary technology development team of 6 undergraduate engineers (coached by engineering faculty). The company will be supported by a variety of commercialization specialists and local technology incubators. The technology development team will participate in the two-semester IPPD course, which will be supplemented with Entrepreneurship lectures. The company will be responsible for creating a business plan and alpha system prototype for entry in academic business plan competitions.

ITV Company Organization

Expectations for ITV stakeholders