A P R O G R A M O F T H E C I T Y C O L L E G E F U N D

2014 YEAR-END REVIEW

WWW.ZAHNCENTERNYC.COM

The Zahn Innovation Center was established in the City College Fund in 2012 through generous gifts from the Moxie Foundation and the President of the Borough of Manhattan. Its mission is to empower the community of the City College of New York to develop entrepreneurial skills, while incubating the most promising technology startups and social impact ventures.

About the Zahn Innovation Center

A Letter from Elena Sturman

Executive Director

City College Fund

A Letter from Lindsay Siegel

Executive Director

Zahn Innovation Center

The City College Fund was established in 1946 to raise funds for the City College of New York, and to help support its extracurricular and co-curricular activities. Our to efforts increase the opportunities available to our outstanding student body led to the decision to establish the Zahn innovation Center.

Now in its third year, the Zahn Center has grown in scope and impact, thanks to partnerships with Stand-ard Chartered Bank, the Moxie Foundation, and the Office of the Manhattan Borough President. These relationships have allowed us to expand, improve, and adjust our offerings to remain at the forefront of the entrepreneurship efforts for both City College and the City University of New York.

It is my distinct pleasure to work with the Center, its staff, and its exceptional entrepreneurs. I look forward to more advances and improvements in years to come.

Warmly,

Elena

Our goal is to identify and support the Urban Innovator: an entrepreneur from the city, nurtured by the city, whose ideas help to grow the city.

We do this is in a unique shared space that encourages new thinking and promotes a rich cross-fertilization between the entrepreneurs. They see each other as partners in exploration, rather than competitors, and frequently collaborate to share ideas and approaches that create better outcomes for all.

2014 was an exciting year for the Zahn Innovation Cen-ter and we are so proud of our startups and the growth of the program in recent months.

The Zahn Center was launched in early 2012 as an incu-bator to support engineers at the City College of New York. In 2014, we saw our program grow beyond the walls of engineering, to reach students, faculty and staff across the entire campus. For the first time, we launched a campus-wide outreach effort to open our programming, our competitions, workshops and cours-es to participants from the Colin Powell School, the School of Education, the Arts and Humanities, Architec-ture, Sophie Davis School of Medicine, the Division of Science, as well as the Grove School of Engineering.

While broadening our activities, we initiated a new pro-gram to support social entrepreneurship on campus, leveraging the tools of entrepreneurship and market feedback to create social change.

With our partners at iCorps, we ran our first startup Bootcamp following the Lean Launchpad methodology. We created a variety of public events from hosting re-nowned entrepreneurs on campus to running work-shops in brainstorming and ideation to spark innovation across CCNY. We integrated our program into various classrooms in design, advertising/PR, management, and engineering.

Next year we will continue to expand our efforts, ad-vancing our mission to both kickstart startups on cam-pus and ignite an entrepreneurial mindset with every member of this community.

Please join us!

Lindsay

2014 Accomplishments

Outreach and Ideation

The Center stimulates the development of the entrepreneurial mindset through the outreach programs it presents. This year’s programs included the following innovations and partnerships: Partnership with Public Relations/Advertising — a

partnership in which the CCNY Senior Workshop class in this discipline prepared marketing campaigns for the Zahn Center

Social Entrepreneurship Speakers’ Series — a partnership with the Colin Powell School to bring so-cial innovators to campus to present their stories to the CCNY community Design Entrepreneurship Course — a new course in entrepreneurship directed at students majoring in Electronic Design and Multimedia

Raspberry Jam Meetup — a meeting hosted by the Zahn Center to connect entrepreneurs seeking

microprocessor expertise with persons possessing those skills

Zahn Competition Kickoff Party — a lunchtime event announcing the 2014 Zahn

Entrepreneurship Competitions, accompanied by a “pitch-off”

Design Entrepreneurship Mixer — a joint program with student clubs on campus to link Zahn innovators with designers and developers

Idea Brewery Hackathon — a full-day session of ideation and innovation to address social issues in partnership with Baruch College and various departments at CCNY

Establishment of CCNY Collaborizm — a partner-ship with this founder match-making site to

connect CCNY students with ideas to those with technical expertise

The Zahn Center partnered with Standard Chartered Bank to create The Standard Chartered Technology Incubator for Women Entrepreneurs. Open to all City College faculty, staff and students, the program promotes budding entrepreneurs whose businesses leverage technology to benefit the larger economy but which emphasize, and promote, the role of women in the formation and management of the ventures. Key components of the program include:

A new entrepreneurship competition, the Standard Chartered Women’s Entrepreneurship Prize, that provides to $30,000 to the winning innovator. To be eligible, the enterprise must be led by a woman or

have a majority female membership and must leverage technology for social impact; A dedicated Women in Entrepreneurship Program Manager to develop the program, secure speakers, and

support the establishment of a mentorship network to provide additional support to these ventures; A Women in Entrepreneurship Speakers’ Series that brings talented, exceptional women to campus to

speak about their experiences; A dedicated Women Entrepreneurs’ Resource Room; and A new course on Entrepreneurship, Gender, and Diversity, to be offered at CCNY.

The program begins in 2015 and was made possible by a generous 2-year grant from Standard Chartered Bank.

2014’s accomplishments were headlined by the expansion of the Center to include social entrepreneurship and a establishment of a program dedicated to supporting female entrepreneurs. There was also a great deal of work on fostering entrepreneurship and expanding partnerships to provide services to the Center’s innovators.

Standard Chartered Bank Technology Incubator for Women

Zahn Innovation Center Staff

Lindsay Siegel, Executive Director Lindsay Siegel has served as Executive Director since September 2014. Previously, she served as Associate Director for the Center on Globalization and Sustainable Development at the Earth Institute, Columbia University; ran a social enterprise ecolodge in Ecuador; and worked with the Committee Encouraging Corporate Philanthropy to help Fortune 500 companies and increase corporate giving. Her experience also spans corporate marketing and government programming positions. Lindsay holds an MBA from the Yale School of Management and a B.S. from Northwestern University.

Andre Dettler, Managing Director of Tech Entrepreneurship Andre Dettler has been a key force in helping startups realize their ideas. Though formally trained as an industrial designer at the Pratt Institute, he has worked all over the world launching products in various categories with his latest focus on connected hardware devices. He pushes entrepreneurs to build, iterate and go from concept to a viable prototype quickly. His professional portfolio includes work for major companies such as Siemens, Steelcase, KitchenAid, Martha Stewart, and Techstars.

Andy Holtz, Major Gifts Officer Andy Holtz’s career has embraced fundraising for economic development, higher education, cultural institutions, and environmental protection. Over the past dozen years, he has raised over $65 million for these causes. Andy has a BA in Political Science from Earlham College and an MS in Public Management and Policy Analysis from the Heinz College at Carnegie Mellon

Kesia Hudson, Women Entrepreneurship Program Manager

Kesia Hudson has played an integral role in a number of startups. As an “intrapreneur”, she was responsible for developing and launching innovative businesses within several large organizations. Her own entrepreneurial endeavors include fashion, consulting and event planning. Kesia holds a MBA in Entrepreneurship from the University of Texas at Austin and a BBA from Baruch College.

Aulio Diaz, Resident Technologist Aulio Diaz is a mechanical engineer with extensive experience with 3D, mechanical, machined, and other types of physical prototyping. He is also the co-founder of Ekick Technologies, a longboard and skateboard company which focuses on creating innovative products that improve skaters' safety and riding experience. Aulio holds a BS in Mechanical Engineering from the City College of New York.

Stephen Monzon, Office Manager Stephen Monzon has 10 years of experience in office systems and services. He holds a BS in psychology from the State

University of New York at Oneonta.

Innovation Workshop — A program to support the cultivation of ideas for the Standard Chartered Bank Women Entrepreneurship Prize. Featured speakers: Kathryn Finney of Digital Undivided and Entrepreneur and Investor Ray Garcia.

Human Centered Design Workshop — A hands-on lunchtime workshop on how to bring social impact ideas to life.

Partnerships

The Center draws in a wide variety of support for its innovators through partnerships with other organizations. This year, we were fortunate to work with the following pro-bono service providers:

Myers Wolin — providing pro-bono intellectual property legal advice to the fledgling ventures. Cooley LLP — providing legal support on incorporation and contracts Shay CPA—providing basic training and pro-bono accounting for our startups

2014 Accomplishments and Events (continued)

The Standard Chartered Bank Women Entrepreneurs Prize

The best women-led efforts to create economic opportunity using technology. Grand Prize: $30,000

2014 was the first year for this prize, a collaboration between the Zahn Center and Standard Chartered Bank that in-cludes targeted programming, resources, outreach, mentorship, and support to encourage women to start their own ventures. For more about this prize and the related program at Zahn, see page 3.

The Zahn Prize

An open competition that embraces innovations in every field. Grand Prize: $30,000

2014 Winner: Laddine — an e-commerce site that curates and spotlights innovative and enriching screening children’s toys 2015 Semi-Finalists:

Build on the Go!: The construction industry’s first interactive, real-time project management app Ezeezo: 3D virtual tours for real estate and beyond GoHappy: An app connecting business owners and their customers with immediate promotions Localtarian: A platform connecting home chefs with patrons Ohh My Car!: An interactive auto-maintenance guide.

2015 Semi-Finalists: Cubbies Cloth Diapers: Making sustainable cloth diapering convenient, affordable, and accessible Dreambigger Group: An online platform connecting east and west with educational opportunities DIY Beauty: An online community for homemade, organic hair and natural body products Instant Savings: Using behavioral psychology via instant metrics to promote personal savings Le Sel Foundation: Modernizing salt production and distribution to advance the market in Haiti Smart Bridge Sockets: Smart devices reducing energy use and minimizing costs through home automation Smart Knee’d Brace: Detecting ACL tears to warn an athlete before costly surgery is required

2015 Entrepreneurship Competition Semi-Finalists

In addition to offering most of its services free of charge, the Zahn Center hosts four annual entrepreneurial Competitions. Each competition produces a set of semi-finalists that compete for a Grand Prize in each category. The Prize offers up to $50,000 to develop the winning innovator's idea. The competitions begin in December with applications that select semi-finalists. The semi-finalists attend a Startup Boot Camp to hone their ideas and presentations in preparation for the Grand Prize competition. The Grand Prize is awarded to one exceptional in-novator in each category in the Spring. The Semifinalists in 2015, and the Grand Prize Winners in 2014, appear below.

The Kaylie Prize

The best new advances in hardware and connected devices. Grand Prize: $50,000

2014 Winner: Muscle Metrics — using smart sensors and visualization feedback software to give patients and their doctors a better sense of their muscle performance

2014 Second Place: EKick — safety lights for skateboarders that provide headlights and rear lights that can be seen

by the driver on the road 2015 Semi-Finalists BabyKick: Helping pregnant women monitor their babies’ movements through wearable sensor belly bands Choppermount: Enabling smartphone users to capture hands-free video Confined Entry Nuclear Canister Inspection Rover (CENCIR): Inspecting and cleaning confined spaces using robotics InGen: Treating obstructive sleep apnea by training the tongue SenseAbility: Accurate, on-the-go metrics delivered through your shoe Sonoptics Systems: Seismic technology detecting pipe leaks, cracks & corrosion Vivoz Biolabs: A new approach to pharmaceutical testing with 3-dimensional cell cultures

The Zahn Social Innovation Prize The best social venture that promotes social change or environmental impact.

2014 Grand Prize: $10,000 2015 Grand Prize: $30,000

2014 Winner: Homer — a food delivery logistics service that maximizes deliveries food and improves on-the-job safety

2014 Finalists: Amenawon Solar School; NutraLink 2014 Runners Up: 2x3; GrantAnswers 2014 Audience Choice: Enza Academy 2015 Semi-Finalists

CourseKernel: Helping students make informed choices in their course selection Intelligent Water Management: Enhancing rooftops to provide rainwater source control GoSafe: Mitigating sexual assault across campuses through a “buddy system.” HAST Health and Support Tracking for Families: Allowing families to connect and monitor each member’s

vitals and location.

NYC Restroom Initiative: Providing clean and safe public restrooms through corporate sponsorship. PRO-sthetiKs: Customizable prosthetics to fit the needs of patients with multiple amputations.

2014 Zahn Center Alumni

The Zahn Center is a business and social impact incubator. Its purpose is to inspire, support, and ultimately launch new ventures to the wider world, where they can take their place as productive organizations contributing to the economy and community. Since the Center has gone into operation, it has been home to more than 50 startups. 9 ventures — a little under 20% — of them have been “launched.” These ventures include:

What is a “Launch”?

Ventures “launch” from the Zahn Center when one of four events occur. They:

Gain funding from an outside entity, such as another entrepreneurship competition or investor;

Physically move out of the Center’s space into offices of their own;

Acquire enough customers or clients that they can begin supporting their operations;

Merge with an existing entity from outside of the Zahn Center, either through selling their idea(s) or legally joining with the other organization; or

Reach a point where they are able to be fully and independently responsible for their innovation’s continued progress in the marketplace.

EKick: Compact illumination for the skateboards that show the path ahead and are visible to vehicular traffic

StrongArm Technologies: Ergonomically designed, self-powered exoskeletons that enhance musculoskeletal efficiency and

postural fortification for industrial workers

NexHealth: Streamlining the flow of information between doctors and patients

Vista Wearables: Whole-body wearable devices that alert the wearer about his/her surroundings using haptic feedback,

assisting the visually impaired

Laddine: An online, curated boutique for children’s toys

Enza Academy: A youth leadership and entrepreneurship incubator for underserved and underrepresented students

Homer: An outsourced delivery solution for restaurants using algorithms and mobile technology to deliver food more efficiently

NextQ: A system that allows businesses to manage customer flow more effectively and reduce waiting

times by letting customers check into line virtually

Grant Answers: Expert services and tools to help promising students secure scholarships, grants and admissions while improving college readiness

During 2014, Zahn Center ventures made over $1 million in sales, raised over $2 million in capital for their enterprises, filed 12 patents, and hired over 80 full and part-time employees.

2014 Center Demographics

Zahn Innovation Center Services

City College (CCNY) has a strong history of providing education to a diverse and less-affluent student body, dating from the time when the college was free of charge and one of the first choices for new arrivals to America through New York. This tradition continues today. In 2014, 60% of CCNY students came from homes with an annual family income of $30,000 or less. They represent 160 nationali-ties and speak 90 languages. 20% of the stu-dents are white. This differs from the situation at most other on-campus incubators. Most incubators are at campuses with a wealthier, more homogene-ous student body.

The demographics of the student body tend to be reflected in the demographics of the innovators at the incubators.

This is true of the Zahn Innovation Center as well, as the pie chart above indicates. 33% of the entrepreneurs were

White or Middle Eastern, and 18% were women, in 2014.

The Zahn Innovation Center has a host of services to support the entrepreneur. They include: New Business Counselling — assisting the entrepreneurs to refine their ideas, improve their pitches, build prototypes, and negotiate the complicated realms of financing, intellectual property law, and legal organizational structure. Mentoring — pairing teams with individuals and organizations to give them specific assistance from a professional who has faced, and overcome, similar challenges. The mentors also provide an important network of support and potential markets for the entrepreneurs’ products. On-Site Prototyping — the Center has a wide array of state-of-the-art prototyping equipment (including several small MakerBot® and high-definition 3D printers, large lathes, and laser cutting machines) to allow the entrepreneurs to bring their concepts into the physical world. In addition, the technical resources in the Grove School of Engineering and the Division of Science are accessible through the Center, featuring faculty expertise and state-of-the-art research laboratory equipment. Outreach and Entrepreneurial Education — through its Speakers’ Series, deep partnerships with the academic departments on campus, and periodic events that emphasize problem solving, the Center works to expose students to the opportunity of not only starting their own ventures but of approaching their lives and careers entrepreneurially. Commerce with a Conscience — the Center has targeted programming to encourage the formation of ventures around social issues, such as health care, education, gender equality, clean water, and sustainability. Our commitment to the community doesn’t stop there. We actively encourage our commercial ventures to consider their social and environmental impact. You might say that the Center works best at the intersection of commerce and conscience.

Ethnicity of Entrepreneurs, Zahn Center 2014

White/Middle Eastern

African-American Other

Asian/Pacific Islander

Hispanic/Latino

2014-2015 Zahn Innovation Center Board of Advisors

Bert Brodsky

Sandata Systems, Inc.

Board Chairman

Howard Morgan

First Round Capital

Board Vice Chairman

Ari Zoldan

Quantum Networks LLC

Development Chairman

Elaine Chin

Standard Chartered Bank,

Americas

Greg Olsen

GHO Ventures

William Snipes

Sullivan and Cromwell

Peter Zahn

Moxie Foundation

Dr. Lisa Coico

President

City College of New York

Steven Karafiol

Board Chairman

City College Fund

Elena Sturman

Executive Director

City College Fund

Dr. Joseph Barba

Student Entrepreneurship Director

City College of New York

Lindsay Siegel

Executive Director

Zahn Innovation Center

Dr. Punit Arora

City College of New York

Mentorship Chairman

Esperanza Cerdan

Deutsche Bank Americas

Foundation

About The City College Fund

The Zahn Innovation Center is a program of the City College Fund.

The City College Fund is a tax-exempt 501c(3) non-profit fundraising organization, established in 1946 to support The City College of New York in its mission to provide access and excellence in higher education, particularly to students who might not otherwise be able to afford to go to college. Gifts to The City College Fund directly benefit City College's extraordinary students, renowned faculty, innovative programs and schools. Donations to the Zahn Innovation Center, a program of the City College Fund, are fully tax-deductible under applicable laws and IRS regulations.

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