LiveWatch Security, LLC, moved its fast growing home security systems business to Evanston in 2011 because of the city’s proximity to one of the premier thought leadership centers in the country: Northwestern University. Two Northwestern University Alumni formed a perfect team to bridge academia and entrepreneurship at Northwestern University to an Evanston business.
According to LiveWatch Security CEO, Brad Morehead, “While many leading Universities graduate top tier talent, few can match Northwestern’s multi-disciplinary collaboration and innovation that Professor Michael Marasco has created at the Farley Center for Entrepreneurship. Students at Northwestern University with a variety of backgrounds can experience the entire innovation and business life cycle from idea generation, development, launch and fundraising. Courses like NUvention Web train engineers, computer science majors and graduate business students together to gain real world experience rarely seen in a university setting.”
LiveWatch saw the talent that the Farley Center was developing and began an informal internship program working with a group of students active at the McCormick School of Engineering at Northwestern University. Projects began as collaborative ideas between the company and the student interns. In several cases, these projects progressed quickly to longer-term success stories. Today, LiveWatch Security is actively working with six Northwestern University students, most of whom developed their talents through Professor Michael Marasco’s NUvention Web class.
Externship opportunities like this give students a chance to showcase what they have learned in the classroom by working with companies like LiveWatch Security’s SafeMart.com, the country’s fastest growing provider of wireless security systems and alarm monitoring.
LiveWatch Security and The Farley Center for Entrepreneurship at Northwestern University are creating an environment where students, the university, customers and entrepreneurs can all benefit. Students are incubating innovative concepts while LiveWatch Security is leading a $20 billion home security industry revolution using ground-breaking ideas and technologies developed in collaboration with Northwestern University’s outstanding future alumni.
Entrepreneur.NU 