About Us-Center for Innovation and Entrepreneurship - Carnegie Mellon University

About the CIE

In the fall of 2012, the Carnegie Mellon Center for Innovation and Entrepreneurship (CIE) was created to strengthen and serve the already bustling culture of entrepreneurship and innovation at Carnegie Mellon, and to accelerate the commercialization of university research and innovative ideas.*

The CIE mission is threefold:

  1. Defining CMU as the "destination of choice" for all individuals–faculty, staff, and students–interested in entrepreneurship.
  2. Fostering an "inside-out" approach to creating winning commercial ventures from cutting-edge research and ingenious ideas for the benefit of society.
  3. Developing an extensive, vibrant network of alumni entrepreneurs.

To accomplish its mission and goals, the CIE takes a comprehensive and multifaceted approach, operating across all CMU schools, colleges and research units. Its Pipeline of Programs serves students, faculty and staff across campus and alumni across the world.

Growing from a partnership between the Project Olympus Innovation Center and the Don Jones Center for Entrepreneurship, whose directors serve as CIE co-Directors, the CIE fosters collaborations and connections between individuals with domain expertise and those with business acumen and training, on and off campus. In this endeavor, the CIE works closely with the Center for Technology Transfer and Enterprise Creation (CTTEC), Carnegie Mellon’s tech transfer office, and with members of the wider community.

Governed and advised by the Council of Deans and the Faculty Liaisons representing all schools and colleges across campus, the CIE is ideally suited to facilitate sharing of resources, bringing together a broad range of educational and experiential activities focused on innovation and entrepreneurship –a "one-stop shop" for CMU faculty, students, faculty, staff, and alumni.


* The Research and Technology Commercialization Committee (RTCC) of the CMU Board of Trustees officially formed the CIE at its meeting on November 2, 2012.

 

CIE Calendar

by the numbers

6
Ranking of Carnegie Mellon's entrepreneurship program by Businessweek
 
10
Number of CMU startups acquired within the last decade by companies such as Cisco, Google, IBM, LinkedIn,  Boeing, Home Depot and Turnitin

37
Number of CMU alumni startups seeded by the Open Field Entrepreneurs' Fund

100
Amount of follow-on funding ($M) received by Olympus PROBEs in the past 6 years

152
Number of Olympus PROBEs from various colleges, of which 104 turned into companies (81 student and 23 faculty).
 
300
Number of companies emerging from CMU within the past 15 years
 
500
Amount of funding ($M) that CMU companies have attracted overall during the past decade