BIOENTREPRENEUR WORKSHOP PRACTICAL HANDS-ON WORKSHOP FOR BIOMEDICAL AND LIFE SCIENCE STARTUP IDEAS The BioEntrepreneur Workshop is designed to help faculty and students learn the practical aspects starting a biomedical/life science company. Over the course of this two-day workshop, experienced entrepreneurs will coach attendees on how to evaluate the commercial potential of their technology, define the first steps in starting a company and assemble a startup roadmap for taking the next steps in launching the company. The workshop will be held on May 21 - 22, 2012 at the Rizzo Conference Center. This workshop is offered at a cost of $250 for faculty and $75 for students. AGENDA Day 1 Time 8:00 – 8:45 Session Title Presenter(s) Breakfast & Networking 8:45 – 9:00 Welcome & Introduction 9:00 – 10:30 Module 1: The Basics of Biomedical Commercialization Startups vs Licensing Defining the Product Identifying the Need and the Customers Establishing the Competitive Advantage Understanding Risk and Reward Don Rose, Ph.D. Carolina KickStart 10:45 – 11:45 Module 2: Intellectual Property and Tech Transfer Jackie Quay, MSPH, JD UNC Office of Technology Development 12:00 – 1:30 Lunch Presentation: Biomedical Innovation from an Investor’s Perspective Clay Thorp Hatteras Venture Partners 1:30 – 2:45 Scott Singleton Founder, Synereca Faculty Entrepreneur Panel Discussion A panel of faculty founders discussing their entrepreneurial experiences Ned Sharpless Founder, G-Zero Dhiren Thakker Founder, Qualyst 3:00 – 4:00 Module 3 – First Steps to a Startup Incorporation Equity Split and Dilution The University License Advisors and Management Early-stage funding sources 3:45 – 4:00 Break Bill Wofford, Hutch Law 4:00 – 5:00 Module 4 – Communicating the Innovative Idea Elements of communicating the idea Knowing the audience Concrete language Common vs technical language Value proposition Pitching the Idea The Elevator Pitch The Venture Pitch 5:00 – 5:15 Wrap up Overview of agenda for Day 2 Patrick Vernon Kenan-Flagler Business School Day 2 Time 8:30 – 9:00 Session Title Presenter(s) Breakfast & Networking 9:00 – 10:00 Module 5: Evaluations and Scorecard Overview 10:00 – 10:15 10:30 – 12:00 12:00 – 12:30 Break Coaching Session I Review Scorecard Evaluation review Lunch – Coach one-on-one 12:30 – 1:45 Readout and Discussion 2:00 – 3:30 Coaching Session II Action plan will be reviewed individually by coaches. 3:30 – 4:00 Wrap Up & Adjourn Don Rose, Ph.D. Carolina KickStart