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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 on theme: "200 Innovation Boulevard State College, PA 16802 TechCelerator “Programs” Research To Start-Up 4-week TechCelerator - Faculty & Grad Students 8-week TechCelerator."— Presentation transcript:

1 200 Innovation Boulevard State College, PA 16802 TechCelerator “Programs” Research To Start-Up 4-week TechCelerator - Faculty & Grad Students 8-week TechCelerator for Entrepreneurs

2 200 Innovation Boulevard State College, PA 16802 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

3 200 Innovation Boulevard State College, PA 16802 4-week TechCelerator Focus on Faculty, Grad Students & Post-Docs Educate and Motivate Potential University Spin-offs

4 200 Innovation Boulevard State College, PA 16802 4-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?

5 200 Innovation Boulevard State College, PA 16802 4-Week TechCelerator Laser Tomography Starch Fibers

6 200 Innovation Boulevard State College, PA 16802 8-week TechCelerator

7 200 Innovation Boulevard State College, PA 16802 8-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

8 200 Innovation Boulevard State College, PA 16802 8-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

9 200 Innovation Boulevard State College, PA 16802 Next Offerings? Research To Startup – February 2013 4-Week TechCelerator – March 2013 8-Week TechCelerator – April/May/June 2013

10 200 Innovation Boulevard State College, PA 16802 Company Profile: Lin Wang, CEO

11 200 Innovation Boulevard State College, PA 16802 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

12 200 Innovation Boulevard State College, PA 16802


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