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UW TechTransfer LaunchPad Initiative: A Resource for Startups. December 4, 2008 Jim Roberts Business Development Officer UW TechTransfer. The Mission of UW TechTransfer.
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UW TechTransfer LaunchPad Initiative: A Resource for Startups December 4, 2008 Jim Roberts Business Development Officer UW TechTransfer
The Mission of UW TechTransfer …is to extend the impact of University of Washington research through the creation of partnerships that encourage investment in innovation.
Technology Transfer at UW • Research $ (1B/yr) 4th • Disclosures 10th • Licenses 3rd • Licenses w/$ 4th • Revenue 14th • Start ups 8th
LaunchPad Fostering an ecosystem to support faculty entrepreneurship Improve the quality and viability of UW startups
Campus Partnerships • The Business School • Technology Commercialization Practicum • TMMBA Program • WRF Gates/Coulter Foundation Fellows • LaunchPad MBA Internship • Business Plan Competition • The Law School • Entrepreneurial Law Clinic
Business Community Partnerships • Experienced Mentors and Advisors • LaunchPad Advisory Board • Entrepreneur Organizations • Funding Resources • Networking
Technology Gap Innovation Fund • $750,000 of competitive commercialization grants per year for faculty • Each grant ~ $50,000 • To date ~ $3 million has been awarded • Funding has led to startup formation and licensing: • Smart Sunglasses Technology • Algae for Biofuel
Entrepreneurs and Mentors In Residence • Business advisors for market development • Chair, Board Members • Serial entrepreneurs as CEOs/Cofounders • Coaching researchers on role to play in startup process • Improve target market identification and go to market strategy
LaunchPad Activities • Identifying next steps • Finding business mentors and advisors (EIR’s) • Coaching team members • “From Invention to Startup” seminar series • Linking the project team to needed business resources • Maximizing use of campus entrepreneurial resources and student involvement • PUB Nights once a month • LaunchPad MBA internship program • Business plan competition and coaching
Contact Information Jim Roberts 206-616-1097 roberts4@u.washington.edu