Hoboken, N.J. – Stevens Institute of Technology will host its 2013 Innovation Expo on April 24, 2013, allowing the public a peek at innovative technologies, products and services developed by students and faculty throughout the year, and introducing a new lecture series on business and entrepreneurship.
The Stevens Innovation Expo is an annual, one-day, campus-wide event which displays the extensive research and innovation accomplishments of faculty and students.
From mobile apps to solar houses to financial software to biomedical products, more than 120 multidisciplinary teams of undergraduate students studying engineering, science, business, humanities and many other academic disciplines display capstone senior design projects, research posters and prototypes, which they complete in their final year of study, often with support from industry sponsors.
Students also compete in the Elevator Pitch and Project Plan competitions, selling novel business ideas to established entrepreneurs and active investors.
In addition, Stevens faculty members present poster presentations of their world class research in healthcare, defense, finance and more.
There will also be a special presentation highlighting research from the Financial Systems Center at Stevens, a state-of-the-art financial research and teaching facility that supports Stevens’ graduate and undergraduate programs in Financial Engineering, Quantitative Finance, Software Engineering, Cybersecurity, Business & Technology and more. The FSC applies systems thinking to analyze and characterize the behavior of the complex global financial system.
“The hallmark of Stevens for 143 years has been technological innovation that solves real-world problems,” said Stevens Provost George Korfiatis. “The annual Stevens Innovation Expo celebrates the breadth and depth of academic study at Stevens and the impact of Stevens research and education within industry and society.”
The 2013 Innovation Expo also marks the launch of the Thomas H. Scholl Lecture on Entrepreneurship, which features notable visiting entrepreneurs and executives who have started successful businesses or improved the financial performance of existing companies.
At the Stevens Innovation Expo, inaugural keynote speaker David E. Hershberg MMS ’68, founder, CEO and chairman of the satellite communications firm Globecomm Systems and a Stevens alumnus, will share his personal experiences as an accomplished entrepreneur and executive with the Stevens community. He will explain how and why he decided to start two companies in a field dominated by large corporations and discuss some basic lessons about core values, company culture, people management, and financial and legal issues learned over 50 successful years in the business.
"I hope to convey my experience of 53 years and the founding of two successful companies in the telecommunication business to the audience of potential Stevens entrepreneurs," said Hershberg. "This will include lessons learned and how my time at Stevens helped me in my career."
The new lecture series, which will feature a number of events throughout the year, is supported by a gift from Stevens Board of Trustees Member Tom Scholl, General Partner at Novak Biddle Venture Partners and a highly successful high tech entrepreneur and investor.
“This year’s Innovation Expo is jam-packed with all kinds of cool events and things to see and hear,” said Scholl. “I am very pleased to have my good friend, past customer and corporate business partner, David Hershberg, as our inaugural speaker for this new lecture series. Dave has ‘been there and done that.’ He’s an inveterate entrepreneur who knows one of the secrets of success is finding great people to work with and giving them both the freedom and the structure to achieve what’s never been done before. In business, Dave never puts on airs, and in engineering if Dave says ‘it works,’ then it works. Did he learn those things at Stevens? I don’t know, but knowing the culture at Stevens and knowing Dave, it was never surprising to me that he picked up one of his degrees here.”
The Stevens Innovation Expo takes place on April 24, 2013 from 10 a.m. to 4 p.m. on the Stevens campus in Hoboken, N.J. For more information and to register, visit www.stevens.edu/expo.
About Stevens Institute of Technology
Stevens Institute of Technology, The Innovation University®, is a premier, private research university situated in Hoboken, N.J. overlooking the Manhattan skyline. Founded in 1870, technological innovation has been the hallmark and legacy of Stevens’ education and research programs for more than 140 years. Within the university’s three schools and one college, more than 6,100 undergraduate and graduate students collaborate with more than 350 faculty members in an inte
rdisciplinary, student-centric, entrepreneurial environment to advance the frontiers of science and leverage technology to confront global challenges. Stevens is home to three national research centers of excellence, as well as joint research programs focused on critical industries such as healthcare, energy, finance, defense and STEM education. The university is the fastest-rising college in the U.S. News & World Report ranking of the best national universities, and it is consistently ranked among the nation’s elite for return on investment for students, career services programs, and mid-career salaries of alumni. Stevens is in the midst of a 10-year strategic plan, The Future. Ours to Create., designed to further extend the Stevens legacy to create a forward-looking and far-reaching institution with global impact.