Commercialization Academy

Report
2014 Commercialization Academy
Experiential Education & Tech Venture Creation
2014 August 26 - Update
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Commercialization Academy
Outline of Document
Executive Summary
Methodology
Furnace Alignment – Visual
Academy Timeline/Status
Crucible Week
Team/Technology Selection
Next Steps
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential
Executive Summary
Commercialization Academy
The Academy kicked off in late-July on the BigMarker education platform
24 students came to the Crucible in Rome on August 11th-15th
9 teams formed around 9 AFRL technologies
The Academy continues on/offline until mid-November
Students will compete for $50K in funds on November 15th
Output: business model & commercialization pathway
Great response from community & inventors – student teams have been
actively engaged since Crucible Week
Startup Strategy will provide GI/AFRL with process docs/lessons learned
Academy is on schedule/on budget; pulled dollars into Aug due to Crucible
Next steps: Team development and mentors, mentors, mentors!
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Methodology
Commercialization Academy
Output: Business models and commercialization
pathways for new ventures based on AFRL IP
Methodology
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Select a ‘mix’ of technical & business students
Leverage Furnace ‘pre-screen’ of technologies
Online collaboration to discuss technologies & foster interaction
Teach fundamentals of entrepreneurship to students
‘Demystify’ technologies for students with help from inventors
Identify commercial market opportunities
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential
Academy/Furnace Alignment
Commercialization Academy
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential
Timeline/Schedule/Status
Commercialization Academy
Technology Screening (complete)
Student Selection (complete)
Crucible Week – Team/Tech Pairing (complete)
Commercialization Academy – Business Modeling
– September: Technology investigations & market discovery
– October-November: Venture modeling & customer validation
– Onsite meetups at GI: September 20th, October 11th, November 1st
– Mike/Team discussions at student locations bi-weekly
Competition
– November 15th (Location TBD)
– $50,000 committed from NYSTEC to winning teams
– Output: Business model & commercialization pathway
NY Furnace T2 Accelerator option & licensing
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential
Crucible Week
Commercialization Academy
Successful week for the Academy!
Classes at GI, SUNYIT, Syracuse U
Students met with inventors
– Monday, August 11th: Speed-dating
– Tuesday, August 12th: Business case development
– Friday, August 15th: Fall ‘game plan’ development
3 Demo Days and Receptions
– ThINCubator in Utica, NY
– Syracuse Sandbox in Syracuse, NY
– StartFast in Syracuse, NY
Students selected teams and technologies for the Fall
NYSTEC announced $50,000 in prizes
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential
Team/Technology Selection
Commercialization Academy
TEAM 1
Charlotte Hayden (Clarkson), Ian Berringer (RIT), Jacob
Clintsman (SUNYESF): Patent # 8732100 “Method and
apparatus for event detection permitting per event
adjustment of false alarm rate”
TEAM 2
Katy Martin, Colton Weaver (Clarkson): Patent # 8317058
“Bicyclists' water bottle with bottom drinking valve”
TEAM 3
Joe Pasqualetti, Richard Collins (SUNYIT), Joe Curry (CUNY),
Dan Curcio (Suffolk): Patent # 7577564
“Method/apparatus for detecting illicit activity by
classifying whispered speech & normally phonated
speech”
TEAM 4
Eli Cleveland, Lizzie Cassady (Clarkson), Seth Samowitz,
Louis Bookoff (Syracuse): Patent # 8307436
“Transformative rendering of internet resources”
TEAM 5
Shamus Wheeler (RPI), Brent Miller (UCF): Patent # 7581028
“Method for efficient image distribution and management”
TEAM 6
Jacob Weber, Alexandra Hudak, Adam Klich (RPI): Patent app
US20130188863 “Method for context aware text
recognition”
TEAM 7
Chris Kellogg (Utica College), Scott Murray (New Hartford HS):
Patent # 7877748 “Method and apparatus for timing
information flow in a distributed system”
TEAM 8
Dario Cvijanovic (SUNYIT): Patent # 7570213 “Method and
apparatus for detecting and locating intrusion in a
wireless network”
TEAM 9
Stacey Smith, Bianca Little (SUNYIT), Jamie Griffin
(Clarkson), James Macris (Le Moyne): TBD
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Next Steps
Commercialization Academy
Startup Strategy will meet with Teams bi-weekly
Startup Strategy will provide online educational content & pull-in
technical and business mentors
Griffiss Institute will host 3 offline events: 9/20, 10/11 and 11/1
September 20th Meetup Event
– 8:00AM until 7:00PM at the Griffiss Institute
– Teams will meet with mentors/inventors and report on progress
– Student deliverables
• The objective of the AFRL technology selected
• Potential market(s) for the AFRL technology
• Limits of current practice
• Differentiators of the AFRL technology and value proposition
• Next steps in development
• Risks
Startup Strategy will plan business competition in November
Copyright 2014 | The Startup Strategy Group LLC | www.startupstrategy.org | Privileged & Confidential

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