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Energize…Amplify…Resonate. Entrepreneurship Services with a Specialty in Technology Transfer. Southeast Regional Technology Transfer Director’s Meeting July 2011. www.RippleMGMT.com. About Ripple. Established in 2009 Growth from 1 to 5 core employees (no external investment)
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Energize…Amplify…Resonate Entrepreneurship Services with a Specialty in Technology Transfer Southeast Regional Technology Transfer Director’s Meeting July 2011 www.RippleMGMT.com
About Ripple • Established in 2009 • Growth from 1 to 5 core employees (no external investment) • Growth from 0 to 11 active clients plus 3 internal projects • WavePool™ processes emphasize efficient use of resources in technology transfer • Clients include many constituents in the technology transfer “gap.” • Product areas to date include: Preclinical Therapeutics, Software, Research Services, Spectrophotometers, Mobile Apps, Transfection Instrumentation, Bioinformatics, Diagnostics, Consumer Products, Pet Toys • Highlights • Work with Clients has lead to over $1.5M in grants • 2 revenue generating Ripple-managed products to launch in 2011 • Project out of MSM won 2010 SEBIO/Plan Competition www.RippleMGMT.com
Sample Engagement 1 • University TTO Director engaged Ripple to support team of MBAs in business plan competition - Finalist in 2010 Alabama LaunchPad Competition • Students found jobs • Ripple founded RogueIP, Inc. • Recruited domain experienced CEO and advisors www.RippleMGMT.com
Sample Engagement 2 • SBIR Phase 1 Stage entrepeneur (Grad student) engaged Ripple to assess and convey market opportunity • Starting Point: No analytics. Odd value proposition. No business communications. No advisors. • Ripple helps draft next grant proposal. Awarded full amount – some allocated to support Commercialization plan for SBIR Phase 2. • We also identified inventorship risks and corporate structure risks. • Company awarded phase 2 SBIR ($1M). Entrepreneur addressed inventorship and structure with Ripple, Entrepreneur in Residence, and TTO. • We’re currently engaged to recruit business and technical advisors www.RippleMGMT.com
Value Proposition • Our process, WavePool™, enables us to expand or emphasize resources to implement tasks at any point in a technology transfer life cycle • WavePool™ enhances our clients’ resource utilization • Ripple supports the University Technology Transfer Office • We enhance large project production • We engage small project innovators • We provide outlets for bottleneck relief • Ripple operates as a profit center…ask us how!! • Mutual success leads to long term benefits www.RippleMGMT.com
Near Term Developments… • Consolidated business services for university based startups • Focus on non-essential (read: DISTRACTING) functions • Consolidated technology transfer services for small or fledgling research institutes and hospitals • Entrepreneur-in-Residence Software as a Service for Entrepreneurs, Inventors, etc. • Because only Emory OTT’s Kevin Lei can meet with 200 inventors per year! (Read: Technology Transfer Tactics Newsletter. July) • We are interested in your feedback! Please contact us. jim@rippleMGMT.com www.RippleMGMT.com