Technology Commercialization “Boot Camp” Photonics Center Colloquium Room May 17, 2011

Technology Commercialization “Boot Camp”

Photonics Center Colloquium RoomMay 17, 2011

Dr. Ashley J. StevensSpecial Assistant to the Vice President for Research

Senior Research Associate Institute for Technology Entrepreneurship and Commercialization

School of Management

Boston University

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Commercialization "Boot Camp" 2011

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Boston University Slideshow Title Goes Here

© 2004-2011 Ashley J. Stevens All Rights Reserved. Do not modify or copy.

Agenda

9:00 – 9:30 Introduction Ashley Stevens, OTD

9:30 – 10:30 Business Plans & the Start-up Process Peter Russo, ITEC

10:30 – 10:45 Break

10:45 – 11:15 Raising Money Vinit Nijhawan, OTD

11:15 – 12:15 Working Lunch – Marketing and Elevator Pitches Ian Mashiter, ITEC

12:15 – 1:00 IP for Start-Ups Brian Gildea, OTD

1:00 – 1:30 Legal Issues for Early Stage Companies David Gammell, Brown Rudnick,

1:30 – 2:00 Legal Q&A Brian and David


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Introduction

Welcome participants Introduce discussion leaders OTD & other BU resources

What we do and how we can help you move forward


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Participants


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Some TLA

OTD Office of Technology Development ITEC Institute for Technology Entrepreneurship and

Commercialization


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Discussion Leaders

Ashley Stevens, OTD

Peter Russo, ITEC

Vinit Nijhawan, OTD

Ian Mashiter, ITEC

Brian Gildea, OTD

David Gammell, Brown Rudnick


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OTD

“We’re from Administration and we really are here to help you.”


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OTD

Our primary role is to help faculty identify important, potentially valuable intellectual property, and then to help them realize that value.


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Office of Technology Development Patents & Licensing Mentorship Industry Sponsored Research “Gap” Funding

Endowment Ignition Awards Launch Awards (BU spin-outs)

Foundations & Government Coulter (Biomedical Devices) CTSI (Translational) Fraunhofer Alliance (Manufacturing)

Incubation Photonics Center on Charles River Campus Biosquare on Medical Campus

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OTD Interface Map


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OGC

Photonics Center

ITEC

Business OutreachBusiness OutreachResearch

Programs

OTD

Coulter Program

BioSquare

Fraunhofer

ResearchCompliance

OSP

Trainees

FacultyFaculty

Undergraduate Students

CTSI

CMLDEducation

Internships

InventionsVC

Industry

Entrepreneurs

Mentors

Law Firms

Consultants

Database subscriptions

Service ProvidersService

Providers

AUTMLES

Alumni

Technology Transfer Society

Univ. Admin.

Univ. Admin.

Professional SocietiesIgnition

Awards

Launch Awards

Licenses

Etc.

NCET2

Networking

Incubation

Finance

HR

Investment Office

VP Research/Provosts

Development

Public Relations

Thickness of Line Indicates Level of Activity



New Model OTD

Motto: Maximize collisions, Minimize friction℠

Mission Statement: Encourage, Educate and Enable (e3) BU Community to realize

commercial potential of their ideas


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Maximize Impact of Technologies Model

Maximize Collisions Mentorship, Internships Outreach activities: newsletter, open

houses, bootcamps, blogs, PR BD activities: within and outside BU

Minimize Friction Automated workflow Extranet with relevant information Agreement templates SLAs for all transactions

Become Strategic Score all ideas coming to OTD Add value by improving the score of

every idea Expend resources proportionally to

strength of idea


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Kindle Mentoring Program

Launched July 2009 University-wide: alumni, students, faculty Housed at Office of Technology Development with support from ITEC Inspired by MIT Venture Mentoring Service

Metrics Mentors: 82 Mentees Projects: 46 (61 cumulative, 15

graduated) Cumulative Meetings: >200

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Collisions

Networking

Process Flowchart - High Level


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Idea Intake

Idea IndexStrategy

for Success

Licensing

IP Protection

Encourage Educate Enable

Industry

Questions? [email protected](617) 353-6303 off(617) 251-6088 cell

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Documents

Technology Commercialization “Boot Camp” Photonics Center Colloquium Room May 17, 2011