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UCF Venture Lab: Resources Available to Small Business Jack Henkel, MBA March 13, 2012 www.venturelab.ucf.edu. Who We Are. Office of Research and Commercialization Economic Development Initiative Free Resource Mix of technical and business expertise MBA, MS and PhD

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UCF Venture Lab:

Resources Available to Small Business

Jack Henkel, MBA

March 13, 2012

www.venturelab.ucf.edu


Who We Are

  • Office of Research and Commercialization

  • Economic Development Initiative

  • Free Resource

  • Mix of technical and business expertise

    • MBA, MS and PhD

    • Chemical Engineering, Industrial Engineering, Mechanical Engineering, Biotechnology

2


How We Help

  • We work with entrepreneurs in all stages of companies to transform innovative ideas into high growth businesses

  • We assist UCF and external entrepreneurs in:

  • Market research (UCF and internal databases)

  • Business planning

  • Business development

  • Identifying funding sources (SBIR, BAA, Investors)

  • Sales strategies

  • Management team building

  • Coaching and mentoring

3


Entrepreneur

Market and Business Opportunity Assessment

Market and Business Analysis

  • Market

    • Opportunity

    • Size

    • Impact

  • Competitive landscape

    • Technology

    • Applications

    • Partnership options

  • Industry

    • Supply chain

    • Barriers to entry

    • Regulatory implications


Entrepreneur

Market and Business Opportunity Assessment

Market and Business Analysis (continued)

  • Technology development

    • Stage

    • Capabilities

    • Prototyping

  • Business Model

    • Opportunity assessment

    • Revenue and pricing

    • Sales strategy

  • Funding needs

    • Grants (SBIR/STTR)

    • Matching funds

    • Investors



SBIR Workshops

  • Typically held twice a year

  • Phase I, Phase II, Cost Proposal

  • Conducted by Jim Greenwood

    • NSF Reviewer

    • Very familiar with program

    • Offers proposal review


Venture Lab Highlights for 2011

  • Clients 150

    • Incubator 40

    • UCF faculty 35

  • Grant proposals 16

    • SBIR 14

    • Econ. Development 2

  • Business Plans 75

    • Investor pitches 9

8


Our Team

Technology Transfer:Venture Lab:

9


The First Step:

10


My Contact Information

  • Jack Henkel, MBAAssistant Director,

  • UCF Venture Lab

  • University Tower/Research Park12201 Research Parkway, Suite 218 Orlando, FL 32826Phone (407) 882 – 0663 Email:   [email protected]

  • www.venturelab.ucf.edu


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