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

Technology Commercialization “Boot Camp” Photonics Center Colloquium Room May 17, 2011. Dr. Ashley J. Stevens Special Assistant to the Vice President for Research Senior Research Associate Institute for Technology Entrepreneurship and Commercialization School of Management

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

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  1. Technology Commercialization “Boot Camp” Photonics Center Colloquium RoomMay 17, 2011 Dr. Ashley J. Stevens Special Assistant to the Vice President for Research Senior Research Associate Institute for Technology Entrepreneurship and Commercialization School of Management Boston University

  2. Commercialization "Boot Camp" 2011

  3. Commercialization "Boot Camp" 2011

  4. 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 Commercialization "Boot Camp" 2011 Agenda

  5. Welcome participants • Introduce discussion leaders • OTD & other BU resources • What we do and how we can help you move forward Commercialization "Boot Camp" 2011 Introduction

  6. Commercialization "Boot Camp" 2011 Participants

  7. OTD Office of Technology Development ITEC Institute for Technology Entrepreneurship and Commercialization Commercialization "Boot Camp" 2011 Some TLA

  8. Ashley Stevens, OTD Peter Russo, ITEC Vinit Nijhawan, OTD Ian Mashiter, ITEC Brian Gildea, OTD David Gammell, Brown Rudnick Commercialization "Boot Camp" 2011 Discussion Leaders

  9. “We’re from Administration and we really are here to help you.” Commercialization "Boot Camp" 2011 OTD

  10. Our primary role is to help faculty identify important, potentially valuable intellectual property, and then to help them realize that value. Commercialization "Boot Camp" 2011 OTD

  11. 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 Commercialization "Boot Camp" 2011 Office of Technology Development

  12. Commercialization "Boot Camp" 2011 Alumni Technology Transfer Society OTD Interface Map Internships AUTM ITEC Trainees Undergraduate Students LES Coulter Program Education Professional Societies NCET2 CMLD Ignition Awards Inventions Etc. CTSI VC Business Outreach Photonics Center Research Programs Faculty Networking Industry Licenses OTD Fraunhofer Incubation Launch Awards Entrepreneurs Development Univ. Admin. Service Providers BioSquare Investment Office Mentors Finance VP Research/Provosts HR Law Firms Public Relations OGC Consultants OSP Research Compliance Database subscriptions Thickness of Line Indicates Level of Activity

  13. Motto: • Maximize collisions, Minimize friction℠ • Mission Statement: • Encourage, Educate and Enable (e3) BU Community to realize commercial potential of their ideas Commercialization "Boot Camp" 2011 New Model OTD

  14. Commercialization "Boot Camp" 2011 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

  15. 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 Commercialization "Boot Camp" 2011 Kindle Mentoring Program

  16. Commercialization "Boot Camp" 2011 Process Flowchart - High Level Encourage Educate Enable Networking IP Protection Idea Intake Idea Index Strategy for Success Licensing Collisions Industry

  17. Questions?astevens@bu.edu(617) 353-6303 off(617) 251-6088 cell

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