Tuesday, October 16, 8:15 – 9:45 am
“How Do you Define Success: SBIR & STTR Programs: The Private Sector,
Public Sector and University Trifecta”
Bryan K. Ford, Ph.D., University of Alabama
James Leyda, Ph.D., Cumberland Emerging Technologies, Inc.
Eric Sander, President, V2R Group, Inc.
Kathleen Shino, M.B.A., National Institutes of Health
The process of creating and transitioning the great storehouse of university research and development to commercial products is by its nature a true partnership of great university innovators, experienced entrepreneurs and adequate funding sources. This session will enhance your overall understanding of the SBIR and STTR programs and their role in the commercialization process within a university to include a discussion of the intellectual property process, to describe the advantages of researchers participating with small business, and to underscore the necessity of forming long term commercialization partnerships to maximize the potential for success of funded SBIR/STTRs.
Tuesday, October 16, 8:15 – 9:45 – 11:45 am
“Working with Venture Capital Companies”
Paul Waugaman, Technology Commercialization Group
Bankers and others providing venture capital are constantly faced with good ideas and potentially earthshaking inventions, the commercialization of which they are asked to fund. From initial actions to protect the viability of marketability to how much each party will share in the costs and profits, the process of working with venture capital firms and speculative venture underwriters is arcane and not understood in academia or small business research environments. This session will explore the issues to be addressed before a venture capital firm is approached, the signs of a marketable invention, the steps in venture capital investment in new technology and the questions to be answered in negotiating an agreement with a venture capital firm.
Tuesday, October 16, 10:15 – 11:45 am
“Academic Spin-offs: Capitalizing on Employment Opportunities for University
Researchers, Students and Research Administrators”
Sid Chambless, Executive Director, Nashville Capital Network
Christopher Rand, Associate Enterprise Development, Vanderbilt University
James Stefansic, CEO, Pathfinder Therapeutics, Inc.
Academic spin-offs deserve special attention because they are expected to strengthen future-oriented sectors of the economy, to grow more rapidly than “normal” company start-ups and therefore, contribute more than the latter to the industrial/economic structural change in regions and entire economies through gainful employment. In this session, panelists from Vanderbilt, Pathfinder and the Nashville Capital Network will discuss the issues and solutions that lead to their successful collaboration. Participants should be prepared to ask questions, discuss variations and identify contributing factors that their institutions might consider to expand employment opportunities through new business start-ups for academic researchers, research administrators and students.