Program Curriculum
Phase I: Market Assessment (15 weeks : February June)
Module One: Preparation for ACTiVATE® - Orientation
- Introduction to ACTiVATE®
- Entrepreneur Role Models
- Community Building
Module Two: Learning the Technologies and their Applications
- Introduction to Technology Transfer
- Fundamentals of Intellectual Property & Patent Basics
- Technology Applications and Uses
- Working with Inventors
Module Three: Building a Team
- Team Building Basics
- Networking with Potential Advisors
Module Four: Identifying your Market
- Entrepreneurial Market Research
- Primary Research: Who Cares, Problem Definition
- Secondary Research: Market Profile
- Market Segmentation, Product Differentiation, & Competition
- Profiling Your Customers
- Refining Primary Research
- Value Proposition and Market Entry
Module Five: Assessing Feasibility
- Product Development and Business Models
- Revenue Models, Product Pricing & Sales Forecasting
- Presenting a Market Assessment - Styles and Coaching
- Market Assessment Presentation
Phase II: The Business Plan (15 weeks : September JANUARY)
Module Six: Organization and Licensing
- Business Planning Process
- Organizing Your Company and Equity
- Building an External Board
- Anatomy of a License Agreement
Module Seven: Marketing and Operations
- Fine-Tuning Your Market
- Reaching Your Customers
- Technology Development & Operations
Module Eight: Building Your Financial Model
- Mapping Financial Needs
- Required Business Financials
- Financial Modeling
- Financing Your Business – Non-dilutive Sources
- Financing Your Business – Dilutive Sources
- Building Your Financial Plan
Module Nine: Preparing the Final Presentation
- Visioning Your Future
- Closing the Deal – Negotiations
- Closing the Deal – The Investor Presentation
- Final Presentations