1. VentureWell Opportunities & Resources

2. VentureWell Patricia Boynton pboynton@venturewell.org Laura Sampath lsampath@venturewell.org

3. Session Agenda  Overview of VentureWell programs & resources  Grants and competitions  Grantees tell their stories  Q&A

4. Our Mission  VentureWell fosters new ventures from an emerging generation of inventors and supports the innovation and entrepreneurship ecosystems critical to their success. 3 InnovatorsFaculty

5. VentureWell Timeline 4 NCIIA Founded 1 st Open Conference BME Faculty Network launched 1 st Lean LaunchPad workshops 1 st E-Team company Invention 2 Venture program 1 st BMEidea competition 1 st BMEstart competition 1 st Student Ambassadors Pathways to Innovation program Xcelerator program starts GIST Bootcamp program Rebrand VentureWell 1 st I-Corps workshops 1 st ASPIRE workshops

6. Our Programs & Initiatives Early Stage Innovator Programs I-CorpsE-TeamsXceleratorGISTASPIRE BMEidea / DEBUT Faculty Initiatives Programs Faculty Grants Pathways to Innovation OPEN Lean LaunchPad® I&E Network Initiatives National Innovation Network BME-IDEA Meeting TTA AdvisoryGIST Network 5

7. Early Stage Innovator Programs  Direct work to support inventors in bringing their ideas to market through: –Workshops and training –Coaching and mentoring –Funding or awards 6 o I-Corps TM o E-Teams o Xcelerator o GIST o ASPIRE o BMEidea / DEBUT

8. Faculty Initiative Programs  Initiatives to support faculty in developing programs that cultivate & support student innovators and promote institutional change through: –Grants –Workshops & Training –Conferences 7  Faculty Grants  Pathways to Innovation  Open  Lean LaunchPad®

9. I&E Network Development Programs  Initiatives to create and build networks to strengthen the overall innovation & entrepreneurship ecosystem. 8 o National Innovation Network o BME-IDEA Meeting o TTA Advisory o GIST Network

10. Grants & Competitions VentureWell awards more than $1.2 million in funding annually to students and faculty

11. Faculty Grants For new courses or programs OR to enhance/expand/impr ove existing courses or programs

12. Faculty Grants: At a glance  One deadline per year (Nov. 9, 2016)  $600+K total per year  Up to $30K per grant  1-3 years in duration  15 – 25%

13. Faculty Grants: Requirements  VentureWell memberhttps://venturewell.org/membershi p/https://venturewell.org/membershi p/ –$950/yr Universities –$500/yr Colleges

14. Result in the formation of teams (E-Teams) Plan for sustainability Environmental or social impact Technology entrepreneurship focus Entrepreneurial ecosystem Successful Faculty Grant Experiential learning by doing

15. Faculty Grants: Proposal components  Five page narrative and up to five appendices –Course description –History and context –E-Team formation –Work plan –Team and partners –Success indicator https://venturewell.org/facultygrants/guidelines/

16. Proposal components (continued)  Institutional support –Principal Investigator –Dean of Faculty –Department Chair –Administrative Contact  Budget – what’s your ask?  Letter(s) of support (at least 1, up to 3)  Resumes of PI and key collaborators (up to 4)  https://venturewell.org/facultygrants/guidelines/ https://venturewell.org/facultygrants/guidelines/

17. Faculty Grants: Post-review  Notification within 90 days of deadline  If funded, kick off call with Program Officer  If invited to resubmit, reviewer feedback call with Program Officer  Interim and final reports  The kinder, gentler funder  grants@venturewell.org grants@venturewell.org

18. QUESTIONS?

19. E-Team Program https://venturewell.org/student-grants/guidelines-stage-1/ Early stage funding and training for student-led teams working on a technology solution to a big social or environmental problem

20. Next application deadlines: May 4, 2016, October 5, 2016

21. E-Team Program: Requirements  VentureWell memberhttps://venturewell.org/membershi p/https://venturewell.org/membershi p/  At least TWO active students for the duration of the grant

22. Successful E-Team Technology solution to a real-world problem Student-led team Passionate, committed, well-balanced team Market and commercial potential Technically innovative and feasible

23. E-Team: Proposal Components  Five page narrative and up to five appendices –Technology –Market potential –Value proposition –Competition –Team and team support –Workplan and outcomes https://venturewell.org/student-grants/guidelines-stage- 1/

24. Proposal Components (cont.)  Institutional support Principal Investigator Department Chair Administrative Contact  Letter(s) of support (at least 1, up to 3)  Resumes of key team members (up to 4)  Budget required with Stage 2 application https://venturewell.org/student-grants/guidelines-stage-1/

25. E-Team Program: Post-review  Notification within 60 days of deadlines  Stage 1 & Stage 2 funded teams participate in three day venture development workshops  Stage 2 teams also participate in six post- workshop coaching sessions  grants@venturewell.org grants@venturewell.org

26. OPEN MINDS Saturday 6:30PM Collaborative Life Sciences Building

27. QUESTIONS?

28. BMEidea Next Deadline: April 6 The BMEidea competition offers up to $18,500 in prizes and challenges collegiate biomedical entrepreneurs to pioneer a health-related technology that addresses a real clinical need. https://venturewell.org/students/bmeidea/guidelines/

29. DEBUT Next Deadline: May 30 The Design by Biomedical Undergraduate Teams (DEBUT) competition offers $65,000 in prizes and challenges teams of undergraduate students in biomedical engineering programs to solve real world problems in healthcare. https://venturewell.org/students/debut/guidelines/

30. QUESTIONS?

31. Grantee Experiences  Mariana Amatullo, Ph.D. Art Center College of Design  Magdalini Lagoudas, Ph.D. Texas A & M University  Virginia Neese Acoustic, Shield, Texas A & M University

32. QUESTIONS?

33. Other VentureWell Program Sessions Saturday, 9 am: E-Team Enablers: How Faculty can best support E-Teams Salon D Saturday, 2:45 pm : All Things I-Corps: what you need to know! Portland Room

34. For more information www.venturewell.org Call or email us! grants@venturewell.org 413 587 2172

35. THANK YOU!