If you have ever wanted to be an entrepreneur but never had the idea to run with, this program is for you! We have lots of innovative technologies that can be the basis for a startup.
A: No. Obviously, the more time you spend advancing your startup, the higher your chances for success. However, we understand that you may need to continue to work during the four-month acceleration period.
A: Send the following details regarding EACH technology to email@example.com (one email per technology):
· Research Institution:
· Technology Title:
· Case # (if available):
· Management Team Overview (briefly describe the core members of the founding team):
· Business/Market Opportunity (briefly describe the identified need/fit for this technology within the market):
· Specific questions for the Technology Transfer Officer (TTO) or inventor about this technology:
· Management Team Leader Contact Info (name, email, and phone):
Once received, the Accelerator team will provide the necessary information.
Yes. Your team may bundle one or more technologies together in order to strengthen your venture’s commercialization strategy. Likewise, your team may submit as many Accelerator applications as you’d like for multiple ventures based on disparate technologies.
A. No, we do not recommend a business plan in this instance. However it is expected that the team will have enough knowledge of the product development, market sector, sector trends and some background in the technology area, as these questions are asked in the application process.
A: Our program is not a fit for you. Our focus is to form companies around existing inventions developed in university research labs. However, since we work with entrepreneurs and startups all the time, we are happy to meet with you to determine if we could help you commercialize your own idea.
A: You get out of our program what you put into it. We provide you the opportunity to create your own company and therefore you have to decide how hard you work. That being said, students participating in the program that receive a stipend are expected to spend at least 15 hours per week in our program. We stress the phrase at least. All participants are expected to make all required events throughout the program which run weekly from January 14-May 13.
A: We have built and continue to build a large network of industry experts including; investors, entrepreneurs, consultants, CEO’s, lawyers, marketing and branding experts, CFO’s, etc. You will have access to our mentor network as you work to commercialize a selected technology.
A: Yes, absolutely. Inventors of each technology are highly motivated to see their inventions get commercialized.
A: We do not at this point in time, but we are actively engaging with sponsors to provide start-up funding for our Accelerator companies. What can commit to is providing each company with an audience of investors to be able to pitch their company for investment?
A: Sorry, we do not offer the ability to get course credit at this time.
A: It depends on how many students we end up selecting to participate in the program. A good average to assume is $500 for full participation in the program.
A: Yes, we are accepting applications from anywhere in the world, assuming you and/or your team involved could temporarily relocated in the region for the acceleration period of 4 months.