200 Innovation Boulevard State College, PA 16802 TechCelerator “Programs” Research To Start-Up 4-week TechCelerator - Faculty & Grad Students 8-week TechCelerator.

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Presentation transcript:

200 Innovation Boulevard State College, PA TechCelerator “Programs” Research To Start-Up 4-week TechCelerator - Faculty & Grad Students 8-week TechCelerator for Entrepreneurs

200 Innovation Boulevard State College, PA Research to Start-up Targeted towards faculty & grad students A 90 minute overview Four sessions so far, 180 registrants Strong interest from faculty & grad students

200 Innovation Boulevard State College, PA week TechCelerator Focus on Faculty, Grad Students & Post-Docs Educate and Motivate Potential University Spin-offs

200 Innovation Boulevard State College, PA week Tech Celerator Week 1 “PSU Intellectual Property & You”. The rights and responsibilities of faculty desiring to commercialize their IP. Describe the process & hear from OTM on patents, options, licensing, and cooperation. Week 2 Risk tolerance discussion. Live presentation by a successful entrepreneur – ex. Tom Lancaster, SmartCells Doug Granger, Salimetrics Week 3 Business Model Development. Week 4 Funding options - Ben Franklin, VIF – SBIR, & Angel funding Faculty presentations - Where will you go from here to move this forward?

200 Innovation Boulevard State College, PA Week TechCelerator Laser Tomography Starch Fibers

200 Innovation Boulevard State College, PA week TechCelerator

200 Innovation Boulevard State College, PA Week TechCelerator Select 6 serious start-up opportunities from the region Requires a time & effort commitment (minimum 4-5 hrs/wk) Range of business types Selection criteria includes near term progress, funding and market viability

200 Innovation Boulevard State College, PA Week TechCelerator Program focuses on: Understanding markets, customers, market validation, minimum viable product, Business Models, legal structure, financials, and Intellectual Property. 2 Classes, 12 participants: formed 12 companies, >$700K start-up funding, 3 Incubator tenants, + 23 full or part-time employees

200 Innovation Boulevard State College, PA Next Offerings? Research To Startup – February Week TechCelerator – March Week TechCelerator – April/May/June 2013

200 Innovation Boulevard State College, PA Company Profile: Lin Wang, CEO

200 Innovation Boulevard State College, PA Summary - TechCelerator Goals Increase the number of successful business start-ups in Centre County Easy access, one stop shop for clients Leverage the continuum of business development services

200 Innovation Boulevard State College, PA 16802