LANSING – Jayson Pankin, New Venture Creation Specialist, Delphi Corporation, has been recognized by the Small Business Foundation of Michigan as an Intrapreneur Extraordinaire. Pankin was recently awarded his third Adams Entrepreneurial Fellow from Wayne State University’s MBA program.
The recognition celebrates and honors institutions, individuals and events that apply the principles of entrepreneurship that help to foster a robust entrepreneurial culture and economy in Michigan.
The Entrepreneur Extraordinaire recognition is made in three categories: (a) Intrapreneur Extraordinaire (an individual that demonstrates exceptional merit in the assumption of risks for an enterprise that transforms ideas into new value for their host-company employer); (b) Social Entrepreneur Extraordinaire (an individual that demonstrates exceptional merit in the assumption of risks for an enterprise that transforms ideas into new positive social change); and (c) Small Business Entrepreneur Extraordinaire (an individual that demonstrates exceptional merit in the assumption of risks for an enterprise that transforms ideas into new value within the context of a small business enterprise). This distinction is critically important for Michigan because all three types of entrepreneurs must be prevalent in a society in order for small business entrepreneurship to flourish.
�??Intrapreneurship is particularly important for Michigan businesses seeking to prosper in the highly competitive global economy, and within this context, one of the most impressive intrapreneurs in Michigan today is Jayson D. Pankin, New Venture Creation Specialist, Delphi Corporation,�?� says SBFM Executive Director Mark Clevey.
Pankin leads Delphi�??s commercialization activities targeting spin-outs of potential �??game changing technologies�?� into start-up companies. This includes creating internal incubators and external ventures, such as the spin-out of SpaceForm, Inc. to commercialize a revolutionary metal welding technology, called Deformation Resistance Welding, which promises to impact the design and manufacture of vehicle spaceframes and components.
SpaceForm recently was awarded the Michigan Technology Leaders�?? Award for Corporate Partnerships. SpaceForm is located Detroit�??s SmartZone incubator, TechTown and is a MEDC Tri-Corridor investee company. Last year, in collaboration with Michigan State University, Automation Alley and Delphi Corporation, Pankin launched at Ann Arbor�??s Spark, Monarch Antenna to commercialize a next generative cognitive antenna for consumer, military and industrial uses.
He was recently awarded his third Adams Entrepreneurial Fellow from Wayne State University�??s MBA program, which he will mentor in practical real world technology spinouts. Jayson is developing a pipeline of disruptive technologies as candidates for future spinout, including the nano materials, infrared sensors, hydrogen generation and application software innovations.
For over twenty-eight years, Pankin has been a venture partner specializing in early stage and turnaround situations. He has started and participated in new ventures in a variety of industries: biotechnology, material sciences, retail, insurance, software, manufacturing and packaging. He has worked with numerous universities and Fortune 1,000 companies to acquire emerging technologies and form commercialization partnerships to grow new products and companies. He was a founder of Titan Auto, Inc., one of the largest insurance companies in Michigan and has advanced the commercialization of artificial blood and biological therapies for cancer and other serious illnesses. He started a non-profit foundation in Russia that used the broadcast media to disseminate pro-democracy motion pictures throughout the former Soviet Union. He earned his BBA in Accounting and MBA in International Business at the George Washington University.
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