webinar: the university startups demo day (usdd) · webinar: the university startups demo day...
TRANSCRIPT
WEBINAR: The University Startups
Demo Day (USDD) July 7, 2016
General Information
UniversityStartupsDemoDay(USDD)Date:September20,2016Loca=on:Washington,DCVenues:• TheNa=onalPressClub• CongressContact/URL:• [email protected]• hLp://ncet2.org/demoday2016
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Today’s Agenda
• Introduc=on(5mins)• AbouttheUniversityStartupsDemoDay(30mins)
• FilltheGapIni=a=ve(5mins)• Q&AandRecap(20mins)
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Why the USDD matters
BENEFITSTOUNIVERSITIES?• Showcorporateopeninnova=onandventuregroups,angelinvestorsandVCsyourstartupsforinvestmentanddealflow.§ BeLerunderstandingforcorporatesonwhatisavailableinuniversi=es
• Showcongresshowyouruniversityisinvolvedincrea=nglocalstartupsandhigh-valuejobsinyourdistrictsinanongoingefforttogainCongressionalsupporttoincreaseR&Dandcommercializa=onprograms.
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VickieScarborough,ProgramDirectorGlobalExternalTechnologyTeam,
TheSherwin-WilliamsCompany
Why the USDD matters
BENEFITSTOCORPORATES?• Providesopportunityforroad-wearycorporatestodiscover,andreviewuniversitystartupsinoneplace§ BeLerunderstandingforcorporatesonwhatisavailableinuniversi=es
§ BeLercoordina=onwithuniversi=esinbroadcas=ngneedsofcorporates
§ BeLerdealflowforcorporatesseekingtoworkwithuniversitystartups
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VickieScarborough,ProgramDirectorGlobalExternalTechnologyTeam,
TheSherwin-WilliamsCompany
Submission and Selection
• Whatisa“UniversityStartup”?• Whatstagedoesthecompanyhavetobein?• Doesthestartupneedtobeacompanyalready?• Whattypesofcompaniesshouldwesubmit?• Istherealimittothenumberofcompaniesweareallowedtosubmit?
• Whatarethetechnical/industryareas?• Willcompaniesbecontactedbyinterestedcorporates?
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BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
Four Technical Areas
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PHARMA/MEDICAL
• Antibody Technologies• Biological Services• Biotechnology• Genomics• Life Sciences• Medical Devices• Pharmaceuticals• Therapeutic Vaccines• Veterinary Medicine
CHEM/ENG
• Aerospace• Agricultural Biotechnology• Agriculture• Alternative Fuel • Artificial Intelligence• Chemicals• Clean Technology• Energy• Energy Storage• Engineering• Environmental Sustainability• Industrial• Infrastructure• Instrumentation• Manufacturing• Materials• Nanotechnology• Semiconductors• Sensors• Software• Solar• Water
IT/SOFTWARE
• Big Data• Communications• Cyber security• Defense• Entertainment• Financial Technology• Health IT• Homeland Security• Imaging• Information Technology• Internet• Media• Networking• Security• Software• Telecoms
CONSUMER FACING NEW MODELS
• Consumer Products and Services
• Cosmetics• Distribution• Educational Technology• Electrical and Electronic• Electronics• Financial Services• Food & Nutrition• Media and Entertainment• Mobility and Transportation
(ex: automotive, rail, air)• Packaging• Personal Care• Retailing• Services• Sports and entertainment• Telecommunication
BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
4 Phases of the USDD
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PHASE 2: Selection Committee
Scoring
PHASE 3: Invitations to highest
scoring companies
COMPANIES ARE SORTED TO THE 4 TECHNOLOGY AREAS
1. Pharmaceuticals and Medical 2. Chemicals and Engineering 3. IT and Software 4. Consumer-Facing New Models
PHASE 1: Company Submission
PHASE 4: DEMO DAY
COMPANIES ARE DISTRIBUTED TO SELECTION COMMITTEE BASED ON
THEIR TECHNOLOGY AREAS
Companies are scored based on team, IP, technology, etc.
35 HIGHEST SCORING COMPANIES SELECTED AND INVITED TO PRESENT
IN DEMO DAY ON SEPTEMBER 20
BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
COMPANIES MUST BE WILLING TO TRAVEL TO WASHINGTON, DC TO: • PRESENT IN THE NATIONAL PRESS
CLUB • COME TO CONGRESS TO MEET
WITH THEIR CONGRESSIONAL REPRESENTATIVES
• FILL THE GAP INITIATIVE
Company Submission FormhLp://ncet2.org/demoday2016 Somedatapoints:• Technicalarea• Managementteam• Companydescrip=on• IPStatus• Technology• Valueproposi=on• Exis=ngfunding
sources
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BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
Company Submission
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PHARMA/MEDICAL
51%
CHEM/ENG
27%
IT/SOFTWARE
28%
CONSUMER FACING NEW MODELS
24%
BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
TotalCompaniesreceivedtodate:144
*Thetotalisgreaterthan100%becauseofmul=plecategoriesforsomecompanies
Selection Committee
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PHARMA/MEDICAL
• Novo Nordisk• Pfizer• Sanofi• Abbvie• Astra Zeneca• Lilly• GSK• Amway• Dow Chemical• Givaudan• Sony
CHEM/ENG
• Amway• Dow Chemical• Faurecia• GE• ICL Innovation• Hyundai• Karcher• BASF• Pepsico• SABIC• Sherwin-Williams• Saint-Gobain• Schlumberger• Sony• Evonik• Unilever
IT/SOFTWARE
• SanDisk• Schlumberger• GE• Hyundai• Goodyear• Sony
CONSUMER FACING NEW MODELS
• SanDisk• Schlumberger• Amway• Dow Chemical• Hyundai• Givaudan• Goodyear• Pepsico• Sony
BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
Rating and Scoring
• SubmiLedcompanieswillbesenttothecorporateselec=oncommiLeebyinterestarea
• TheSelec=onCommiLeeseparatesthecompaniesbyra=ngthem1(highinterest),(2mediuminterest),3(lowinterest)
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Scoring Form
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Somescoringareas:• ManagementTeam• Technical
Feasibility• Commercial
Feasibility• StrategicFit• Product
ALrac=veness/Reward
• Opera=onalChallenge
BarbaraAraneo,DirectorofStrategyandSourcing,Diabetes
ResearchUnit,NovoNordisk
Submission Deadline
• SubmissionofUniversityStartups§ July18FinalDeadline§ Limitedto200startupsfortheSeptember20DemoDaybecauseoftheoverwhelmingresponse
§ Companiesoverthe200limitwillbeprocessedforthenextDemoDayinApril2017
§ Moreinfoondeadlines:hLp://ncet2.org/demoday2016
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ParamSreekanth,CorporateInnova=onStrategicAdvisor,
NCET2;formerlyDuPont
Demo Day September 20, 2016• 8amto12pm:Presenta=onsandMee=ngsattheNa=onalPressClub.Companypresenta=onsbythe35invitedstartupsinfrontofanaudienceofcorporates,angels,andVCs,withvideostreamingacrossthecountry.
• 3pmto7pm:CongressionalMee=ngs:CompanieswillhavedemotablesatCongresstocon=nuenetworkingandmee=ngwithinvestors,andtohavescheduledmee=ngsandphotoopswithsenatorsandcongressmen.
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ParamSreekanth,CorporateInnova=onStrategicAdvisor,
NCET2;formerlyDuPont
How do universities participate?• SubmitcompaniestotheDemoDaythroughtheCompanySubmissionForm
• Par=cipateinCongressionalbriefingsandmee=ngsthroughouttheyear
• CometoWashington,DContheDemoDayto§ connectwithcorporatesandinvestors§ Accompanyyourcompaniestocongressionalmee=ngs
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ChrisVarley,ExternalScience&TechnologyPrograms,TheGoodyearTire
&RubberCompany
How do corporates participate?• BeapartoftheSelec=onCommiLee
§ Receive,rate,andscorecompaniessubmiLedunderyourtechnicalarea
• ALendDemoDaytolistentoandmeet35startupsscoredbytheSelec=onCommiLee§ CometoWashington,DCandwatchthelivepresenta=onsandmeetwithstartups,colleagues,investors
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ChrisVarley,ExternalScience&TechnologyPrograms,TheGoodyearTire
&RubberCompany
THE USDD AND THE BIGGER PICTURE
FILL THE GAP INITIATIVE
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GlennVonk,DirectorforBusinessDevelopmentand
Alliances,NCET2;formerlyBDTech
Fill the Gap Initiative
$
High
Low
StagedDevelopment(NASATRL)
Concept(2) LabProofofConcept(4)
Opera=onalProofof
Concept(7)
ProductLaunch(9)
90%ofInvestmentOccursAnerPublicFunding
PublicFunding
PrivateFundin
g
“GAP”
Independentbiologicalconfirma=on
GlennVonk,DirectorforBusinessDevelopmentand
Alliances,NCET2;formerlyBDTech
Q&A
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RECAP
• TheUniversityStartupsDemoDay• FilltheGapIni=a=vetohelpuniversi=esandtheirstartupscommercialize
• DemoDayisonSeptember20• Submitastartup(foruniversi=es/startups)• FillouttheCorporateInfoSheet(forcorporates
• VisithLp://ncet2.org/demoday2016
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GlennVonk,DirectorforBusinessDevelopmentand
Alliances,NCET2;formerlyBDTech
Next stepsNOWOPEN:SubmissionJuly18hLp://ncet2.org/demoday2016• Submityour
companies• Inviteyour
colleaguestopar=cipate
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GlennVonk,DirectorforBusinessDevelopmentand
Alliances,NCET2;formerlyBDTech
General Information
UniversityStartupsDemoDayDate:September20,2016Loca=on:Washington,DCVenues:• TheNa=onalPressClub• CongressContact/URL:• [email protected]• hLp://ncet2.org/demoday2016
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