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James Krejcarek Sutee Dee Leighton Ige Jeff Satwicz

James Krejcarek Sutee Dee Leighton Ige Jeff Satwicz. Presentation Outline. Facility at RHV IP policy Funding Companies in the Hatchery How this relates to Olin College. The stuff they got.

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James Krejcarek Sutee Dee Leighton Ige Jeff Satwicz

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  1. James Krejcarek Sutee Dee Leighton Ige Jeff Satwicz Organizational Study

  2. Presentation Outline • Facility at RHV • IP policy • Funding • Companies in the Hatchery • How this relates to Olin College Organizational Study

  3. The stuff they got . . . • 180-acre, campus-like setting in a 35,000 square-foot building at Aleph Park in Terre Haute, Indiana • Built by $30 million grant from The Lilly Endowment • High-tech office space • Networking and telecom facilities • New product development lab • Electronics and Radio frequency equipment • Run by professional, full-time employees Organizational Study

  4. Do YOU own your idea? • University owns Faculty, not student IP • IP made by company in RHV is owned by that company • Encouraged to apply to NCIIA to patent IP • No technology licensing office Organizational Study

  5. Internet music sales Innovative pricing platform Sensors for onboard sensing on trucks Predictive maintenance Software for streamlining of on-call scheduling of physicians Wireless data transfer for businesses Companies Hatching Organizational Study

  6. Money for cool &%$@ • Seek innovative, tech based ideas • Has $10 million Success Fund • Investments given • Non-cash (i.e. services, infrastructure) can reach $500k • Cash investment up to $500k • Funding given in return for equity in company Organizational Study

  7. How does this relate to our hatchery? • Do we need $30 million to start our hatchery? • How do the students fit in to the mix? • When is our hatchery going to have companies in it? • How can ours be student run? Organizational Study

  8. So what does this mean? Rose-Hulman Ventures has created a resource rich environment to facilitate the creation and growth of ventures… …and it works! Organizational Study

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