January 5, 2016 at 11:30am

Looking Ahead: Millikin's Institute for Science Entrepreneurship

As the spring semester approaches, several recent accomplishments from Millikin University's Institute for Science Entrepreneurship have not only made an impact on the Millikin campus, but the local community.

A signature program of Millikin's Center for Entrepreneurship, the Institute for Science Entrepreneurship connects Millikin University, its students, and the greater community to opportunities for personal, professional and organizational advancement through science entrepreneurship, such as the following.

Expanded Institute for Science Entrepreneurship Undergraduate Fellow Program

Institute Fellows receive a stipend to work with ventures in the health and natural sciences. Due to generous support from the John Ullrich Foundation, the Institute is able to offer additional fellowships during the academic year and summer. The Institute is currently seeking companies and organizations in the health and natural sciences that have opportunities for Millikin students to conduct research and contribute to company operations.

Institute for Science Entrepreneurship

Educational and Career Opportunities Grow

This spring, the Institute for Science Entrepreneurship will teach the course Introduction to Science Entrepreneurship and continue the inaugural year of its Clinical Nuclear Science program in collaboration with Decatur Memorial Hospital and Zevacor Molecular. One of the Institute's founders, Dr. Casey Watson, Millikin associate professor of physics, will be teaching an astronomy course in Urbania, Italy this summer.

Students Conduct Research at Local Companies

The Institute is pleased to begin working with National Foodworks Services Inc. In the coming weeks, two Millikin students will be working with National Foodworks examining food processing facilities and adjunct services in Illinois. Three Millikin students are working with 300 Below Inc. on a project examining how cryogenic technology can improve wind turbine gearbox bearings, and three Millikin students are running the day-to-day operations of the Wild Bird Feeding Industry International Research & Development Center.

Institute for Science Entrepreneurship

"Since its founding three years ago, the Institute for Science Entrepreneurship has significantly grown the opportunities it provides for Millikin students and the greater community," said Dr. David Horn, Millikin professor of biology. "These opportunities include innovative programs in Clinical Nuclear Science, courses in science business, commercial research with local companies, and a lecture series that features speakers with a national reach."

The Institute has received or been pledged funding from 300 Below Inc., Andreas Foundation through the Community Foundation of Macon County, Archer Daniels Midland Company, Brechnitz Group of Raymond James, Busey, Caterpillar Decatur, Coleman Foundation, Decatur Memorial Hospital, John Ullrich Foundation, Parke Warehouses, St. Mary's Hospital, Tate & Lyle, Wild Bird Feeding Industry, Zevacor Molecular, a private foundation, and several anonymous donors.

Dr. Horn noted, "In 2016, we anticipate expanding the Performance Learning opportunities for Millikin students and to grow and strengthen relationships with the business and scientific communities of central Illinois."

Institute for Science Entrepreneurship 

Millikin's Science Entrepreneurship Speaker Series, brought to you by Busey, focuses on science entrepreneurship and how an increased emphasis on entrepreneurship can spark job creation and societal well-being. Throughout the academic year, executives from science ventures discuss particular aspects of their business. In addition, business leaders discuss broader topics of interest. The following is a list of upcoming speakers for the Spring 2016 Speaker Series.

  • Thursday, Feb. 4, 7:30 p.m., Lower Richards Treat University Center

Jim Schultz, Director of the Illinois Department of Commerce & Economic Opportunity

  • Thursday, Feb. 25, 7:30 p.m., Lower Richards Treat University Center

Pete Paulin, 300 Below Inc., CEO

  • Thursday, April 7, 7:30 p.m., Lower Richards Treat University Center

Dan Perryman, President & CEO, HSHS St. Mary's Hospital

  • Tuesday, May 10, 7:30 p.m., Lower Richards Treat University Center

Tim Stone, President & CEO, Decatur Memorial Hospital

For more information on the speaker series or the Millikin Institute for Science Entrepreneurship, call 217.424.6392 or visit millikin.edu/InstituteForScienceEntrepreneurship.