Innovation Strategy

The Office of the Vice Chancellor for Innovation, Entrepreneurship and Economic Development (IEED) plays an important role by leading the University in its goal to uncover and unleash the vast potential of its faculty, students, staff, alumni and friends. Our office, which operates under the label Innovate Carolina, helps the Carolina community learn the innovation and entrepreneurship (I&E) mindset and skillset and turn ideas into practical innovations.

Innovate Carolina leads the network of students, faculty and staff as they work together to tackle the most challenging problems in North Carolina and the world. To guide this work, we developed a strategic plan that includes six major initiatives:

1. Innovation Ecosystems
2. Education
3. Translation
4. Assessing, Reporting and Adapting
5. Communications
6. Our People and Organization

This plan also outlines our office’s vision, mission and values.

HOW OUR STRATEGY ALIGNS

University of North Carolina System Strategic Plan

Innovate Carolina’s strategy aligns directly with several of the strategic priorities set forth by the University of North Carolina System as stated in its strategic plan, Higher Expectations, Economic Impact and Community Engagement Section, p. 28. In particular, the priorities that relate to research productivity and the commercialization of technologies (Goal 8) and the strengthening of North Carolina communities (Goal 9) align strongly with the mission of Innovate Carolina.

UNC-Chapel Hill's Strategic Framework: The Blueprint for Next

UNC-Chapel Hill’s strategic framework, The Blueprint for Next, directly aligns with the UNC System’s plan. The strategic framework’s two pillars – Of the Public, For the Public and Innovation Made Fundamental – support various System goals. Innovate Carolina supports both pillars as we work to:

1. Support and grow innovation and entrepreneurship at Carolina.
2. Move more University intellectual property to market faster.