OTD Innovation Seminar Entrepreneurship @ UNC March 1, 2012 Patrick Vernon Andrew DiMeo, Ph.D. Clinical Asst. Professor of Entrepreneurship UNC Kenan-Flagler Business School Assistant Professor of the Practice UNC/NCSU Biomedical Engineering Agenda • UNC Startup Ecosystem • Launching the Venture ` • MedTech ID – Andrew DiMeo www.startup.unc.edu Entrepreneurship @ UNC In beginning bythe organization Campus Y Social Innovation Incubator FUNDING www.startup.unc.edu ` Entrepreneurship @ UNC by program EDUCATING CONNECTING 2005 INNOVATION SEMINAR SERIES MBA Concentration BSBA Emphasis 1998 INCUBATING 5 Entrepreneurship @ UNC FUNDING www.startup.unc.edu ` Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence EDUCATING CONNECTING KickStart Awards MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator INCUBATING 6 Entrepreneurship @ UNC FUNDING www.startup.unc.edu ` Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence EDUCATING CONNECTING KickStart Awards MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator 2011 INCUBATING 7 Entrepreneurship @ UNC FUNDING www.startup.unc.edu ` Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence EDUCATING CONNECTING KickStart Awards MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator INCUBATING 8 www.carolinalaunchpad.org David Knowles Entrepreneurship @ UNC FUNDING www.startup.unc.edu ` Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence EDUCATING CONNECTING KickStart Awards MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator INCUBATING 10 FUNDING ` Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence MBA Concentration BSBA Emphasis EDUCATING CONNECTING KickStart Awards Campus Y Social Innovation Incubator INCUBATING 11 www.carolinakickstart.org Mission Idea • Foster, facilitate and launch biomedical startups People $$$$ • Part of the North Carolina Translational and Clinical Sciences Institute (NC TraCS) , NIH funded Don Rose Andrew Kant 12 www.carolinakickstart.org IP-Based Technology Suitable for Startup eTeams Technology Inventory Product Mapping Concept Testing NEO Startup Program Ca CKS Services and Support Incorporation Management Recruitment IP Search Commercialization Awards Incubation Investor Connections Marketing Launching the Venture Feasibility Market Opportunity Business Model Conventional Startup Pathway CKS Services and Support Early-stage advising Workshops Entrepreneur matchmaking Commercialization Awards Incubation Business Manager Business Plan SBIR Applications Licensing Partnering 13 ` Carolina KickStart Awards INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator 14 FUNDING www.startup.unc.edu ` Carrie Harbinson Carolina INNOVATION SEMINAR SERIES Chancellor’s Boot Camp BIOENTREPRENEUR WORKSHOP Emerging Companies Showcase eTeams Entrepreneurs in Residence EDUCATING CONNECTING KickStart Awards MBA Concentration BSBA Emphasis Campus Y Social Innovation Incubator INCUBATING 15 Agenda • UNC Startup Ecosystem • Launching the Venture ` • MedTech ID – Andrew DiMeo www.startup.unc.edu Launching the Venture Launching the Venture www.launch.unc.edu • • • • Series of courses Monday evenings Lectures and coaching sessions Connect YOU with MBAs YOU: faculty, post docs, grad students, staffers 3-Part Series of Courses Semester Mod I Aug-Sept. Course Launch | Feasibility FALL Fall Break | Feasibility Report Mod II Launch | Business Planning Oct-Dec Winter Break | Business Plan SPRING Mod III Launch | Financing Jan-Feb Spring Break | Venture Pitch Why take Launch? • You want to take advantage of our topranked business school – Learn the startup process. – Benefit from MBAs doing heavy lifting. – Meet advisors and potential investors. • You are committed. • Your idea is viable. Application and Admission Criteria • • • • • Innovation Feasibility Commitment Impact Team • Deadline: August 1 www.launch.unc.edu/class asklepios TerraDotta BioPharmaceuticals, Inc. 23 Thank you Cross-Campus Partners And Sponsors www.startup.unc.edu/sponsor www.startup.unc.edu/sponsor MedTech ID Andrew DiMeo, Ph.D. Questions? Patrick Vernon Andrew DiMeo, Ph.D. Clinical Asst. Professor of Entrepreneurship Kenan-Flagler Business School pvernon@unc.edu Asst. Professor of the Practice UNC/NCSU Biomedical Engineering ajdimeo@email.unc.edu