Academic Gap Funding

-YOUR PRESENTER-

Mikael Totterman is chairman of Innovocracy and a serial entrepreneur focused on technology commercialization from academic institutions. He is chairman and founder of iCardiacTechnologies, the world’s largest dedicated cardiac analytics provider to pharmaceutical companies. iCardiac was selected as a Science Coalition Top 100 Company representing one of the nation’s 100 great technology transfer success stories. Prior to iCardiac Technologies Mr. Totterman was the chief operating officer of VirtualScopics Inc. (NASDAQ: VSCP), a leading developer of image-based biomarkers for improving pharmaceutical development. During his tenure at VirtualScopics, he led several of rounds of venture capital funding as well as striking strategic investment relationships with Pfizer, Inc. and GE Healthcare. Earlier in his career, Mr. Totterman also served as a principal at 3Com Ventures, a $250 million venture capital fund based in Santa Clara, CA as well as building 3Com’s Network of Global Strategic Alliances with companies including Philips, Siemens, AT&T and British Telecom. He has held positions at Boston Consulting Group as well as Gemini Consulting. Mr. Totterman received his Bachelor’s Degree in Engineering from Stanford University where he was a David Starr Jordan Scholar and his Masters of Business Administration from the Amos Tuck School at Dartmouth College. Mr. Totterman currently serves on the board of directors of Qmetrics Technologies and is a Founding Advisory Board Member of HTR Lean LaunchPad.

Previous Experiences

Crowdfunding

>$1.5 Billion Raised

Where Does the Money Come From?

Academic Crowdfunding for Technology Commercialization

Key Implementation Considerations

Commercialization Objectives

Protection ofInstitutional

Brand

Clarification ofIP

Standardization ofFund Flows

Integration into AccountingProcesses

Tax Deductibility

Example: Cycling Control System for Stroke Survivors

What Has Happened With the Project?

What Are Good Project Matches (I)?

What Are Good Project Matches (II)?

Summary

Big opportunity, but…

….as with all things that are worth pursuing, it is all about process/implementation and very little

is about the website itself.