NEW: Cleantech Executive Program

Anonymous — Thu, 18 Feb 2021 18:56:34 +0000

NEW: Cleantech Executive Program Anonymous (not verified) Thu, 02/18/2021 - 11:56

Scientists & engineers developing breakthrough technology often face bandwidth challenges in reaching commercialization milestones. For those teams that have achieved some initial validation through customer discovery or direct industry partnership/offer, Venture Partners is launching a pilot program for an interim executive to reach critical commercialization milestones.

The Cleantech Executive Program is for new technology companies commercializing Cleantech or Agtech products. The program helps new companies launch by pairing them with experienced business executives, who receive a stipend. Over 3-6 months, companies and executives collaborate on commercialization milestones such as product-market fit and commercial partnerships.

Requirements:

Must be a Cleantech or Agtech company
Signed option or license with Venture Partners
Less than $250,000 in company funding
Preference given to teams completing Venture Partners programs (Lab Venture Challenge, Starting Blocks, Research-to-Market, etc.)

Selection Criteria:

Must have clear commercialization milestones (we can help you refine this)
Clear Cleantech or Agtech application of technology
The team must commit to working with their executive and to bi-monthly update meetings

The Cleantech Exec Program is supported by Venture Partners at ��ƷSM��ӰƬ leveraging funds from the IN2 grant program.

Apply Here

Please reach out to Collin.Bunch@colorado.edu with any questions or if you need help completing your application.

Venture Partners' Cleantech Executive Program is for new technology companies commercializing Cleantech or Agtech products. The program helps new companies launch by pairing them with experienced business executives, who receive a stipend. Over 3-6 months, companies and executives collaborate on commercialization milestones such as product-market fit and commercial partnerships.

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In Case You Missed It (ICYMI): SBIR Week 2021

Anonymous — Wed, 03 Feb 2021 15:12:15 +0000

In Case You Missed It (ICYMI): SBIR Week 2021 Anonymous (not verified) Wed, 02/03/2021 - 08:12

From January 11-15, Venture Partners at ��ƷSM��ӰƬ kicked off our 2021 programming with SBIR Week, a mini-conference on the nuts and bolts of Small Business Innovation Research (SBIR) grants. Throughout the week over 200 lab scientists and faculty researchers joined us from universities across the Front Range (and some from the coasts!). We brought together guest speakers from across the country, including SBIR program managers representing federal agencies (NASA, NIH, NSF), experts in writing winning proposals, deep-tech financial professionals and academics who have used SBIR grants to successfully launch products in their businesses.

Day One

The week kicked off with our keynote “Ask the Expert” session with Ruth Shuman. Ruth is a former SBIR Program Manager for NSF and is currently the program director of NSF I-Corps. She discussed the high-level philosophy behind the SBIR program, including why someone should pursue the program and some of the ways to best utilize it.

"Write the commercial plan first!" —Ruth Shuman, NSF

Day Two

Day two was all about writing SBIR proposals, and we had two guest speakers: Jana Watson-Capps, an academia-life science strategic planning consultant with extensive grant writing experience, and Ken Malone, the managing director and co-founder of Early Charm Ventures, a venture studio in Baltimore that specializes in turning scientific research from universities into businesses.

We learned about the fundamental requirements for writing SBIR proposals, and they discussed the best practices for winning proposals. When asked about using letters of support from other academics our guest was able to provide a clear, direct answer:

“Only letters from actual customers matter.” —Ken Malone, Early Charm Ventures

Day Three

Wednesday’s session gave us a unique perspective into some of the behind the scenes operations of different SBIR programs. We brought together SBIR program managers from NSF, NIH and NASA for a panel discussion on the differences between what their criteria are for fundable technologies and how they judge grant applications. Afterward, we split into agency specific breakout rooms for more deepdive Q&A.

“The SBIR program is all about de-risking the tech to address a highly specific market need.” —Ela Mirowski, NSF

“Remember, you need proof of concept to be competitive.” —Stephanie Davis, NIH

Day Four

The fourth day focused on finance with James Graham and Maileen Flores from Richtr Financial Studio presenting on how to leverage SBIR grant money. Jacob Segil from ��ƷSM��ӰƬ’s Center for Translational Research shared his budget template while James & Maileen covered key financial components of the SBIR grants and different accounting and management tools to maintain them. The focus should be on building a company financial system rather than managing a single grant or project.

“If you are trying to build this yourself, you want to think of the overall ecosystem that you are building." —James Graham, Richtr Financial Studio

Day Five

For the final session of SBIR Week we heard from Levin Sliker, CEO and co-founder of Point Designs, and Terrance Boult Research Faculty, serial entrepreneur using SBIR to launch, and co-director of the Bachelor of Innovation degree program at UCCS. They shared firsthand accounts of their experience winning SBIR grants and how they use the funding to launch a specific entry product and ultimately grow their businesses. Terrance also shared how he has helped graduate and postdoctoral students win SBIR awards to launch businesses as they graduate to provide an alternative career path.

We closed out the week with some words from Terri Fiez, ��ƷSM��ӰƬ’s vice chancellor for research and innovation.

“Pulling from our various research institutions, [Colorado] could be the most vibrant place in the whole country, given the assets we have… ...experts who can help guide you, or you helping the next person in line. That’s really what entrepreneurship is all about.” —Terri Fiez, Vice Chancellor for Research and Innovation, ��ƷSM��ӰƬ

Want Help?

For help with Small Business Innovation Research (SBIR/STTR) grants contact the Center for Translational Research.

For more opportunities and resources to commercialize your technology contact Venture Partners at ��ƷSM��ӰƬ.

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