Accelerate new company formation from Northwestern Inventor

Scientists (NIS) by identifying potential

Business Entrepreneurs (BE)to assist with company start-up

Main Goal for INVOMatch 2012

MAKING THE RIGHT MATCH!

Accelerate new company formation from Northwestern Inventor

Scientists (NIS) by identifying potential

Business Entrepreneurs (BE)to assist with company start-up

Main Goal for INVOMatch 2012

HOW THIS WILL WORK

LATE MARCH

EARLY APRIL

Attend Pitch Seminar or WebinarWork on PitchSubmit to INVO

a. Biob. Technology Summary (Inventor)c. Photo (jpeg or tif)d. Deal Sheet (Business Entreprenuers)

Receive assistance on pitch, if needed

BEFORE INVOMatch 2012

INVOMatch 2012 SCHEDULE

Welcome : Dr. Jay Walsh, VP Research

Introduction: Michael Rosen

Round 1: First Dates

BREAKRound 2: Second Dates

Conclusion: Dr. Alicia Loffler, Exec. Director INVO

LUNCH & Networking

THE PITCH

NIS will prepare a brief, non-confidential synopsis of their technology. Include:

Brief Description of Technology/Invention

Role at Northwestern

Key Disease or Medical Problem addressed Stage of Development (proof of concept, etc.) Intellectual Property Status Competitive/Clinical Advantage

ROUND 1: 1st DATES

KEY POINTS

Each 1st Date will be 10 minutes Each NIS & BE will have 10 - 1st Dates NIS will stay seated BE will shift over

HOW THIS WILL WORK

NIS 1

NIS 2

NIS 3

NIS 4

NIS 5

NIS 6

NIS 7

NIS 8

NIS 9

NIS10

NORTHWESTERNINVENTORSCIENTIST

BE 1BE 2

BE 3

BE 4

BE 5BE 6

BE 7

BE 8

BE 9

BE10

BUSINESS ENTREPRENEURS

HOW THIS WILL WORK

NIS 1

NIS 2

NIS 3

NIS 4

NIS 5

NIS 6

NIS 7

NIS 8

NIS 9

NIS10

NORTHWESTERNINVENTORSCIENTIST

BE 1BE 2

BE 3

BE 4

BE 5BE 6

BE 7

BE 8

BE 9

BE10

BUSINESS ENTREPRENEURS

10MIN LEFT

0

HOW THIS WILL WORK

NIS 1

NIS 2

NIS 3

NIS 4

NIS 5

NIS 6

NIS 7

NIS 8

NIS 9

NIS10

NORTHWESTERNINVENTORSCIENTIST

BUSINESS ENTREPRENEURS

BEBE 1

BE 2

BE 3

BE 4BE 5

BE 6

BE 7

BE 8

BE 1BE 1

BE 2

BE 3

BE 4

BE 5BE 6

BE 7

BE 8

BE 9

BE10

BUSINESS ENTREPRENEURS

BE10BE 1

BE 2

BE 3

BE 4BE 5

BE 6

BE 7

BE 8

BE 9

1. NIS will give a brief “pitch” on their technology

WHAT TO EXPECT ON YOUR FIRST DATE?

2. BE will give a brief “pitch” on their:

Experience in start-ups Experience in raising money with VCs and

angels, and licensing in the life science industry (Deal Sheet)

3. NIS and BE will use SCORECARD to rate TOP 5 opportunities & personal interactions

WHAT TO KEEP IN MINDDURING THE DATES?

Interest Level Experience Match Personal Chemistry

*Take notes during dates

The Inventor’s Scorecard

BusinessEntrepreneurs

Start-upExperience

Money-raisingExperience

Technology/ Disease

Knowledge

Personal Chemistry/

Interest Level

#1: Bill Gates 3 3 2 2

#2: Warren Buffet 3 3 1 1

#3: Joe Biden 1 3 1 2

#4: Barack Obama 3 3 3 3

#5: Jim Bray 2 1 3 2

#6: Conan O’Brian 1 1 1 3

#7: Jay Leno 1 1 1 2

#8: David Letterman 1 1 1 1

#9: Al Gore 3 3 3 3

#10: Jimmy Fallon 1 3 2 2

RATING SCALE3 = Great Match2 = ?; Need More Info1 = No Match

NorthwesternInventorScientists

Technology Novelty/

Cutting Edge

Knowledge of Competitive Landscape

Technology/ Disease

Knowledge

Personal Chemistry/

Interest Level

#1: Albert Einstein 3 1 3 1

#2: Thomas Edison 3 3 3 2

#3: James Watson 3 1 3 2

#4: Francis Crick 3 3 3 3

#5: Rosalind Franklin 3 1 3 2

#6: George Washington Carver

2 2 3 3

#7: Louis Pasteur 3 1 3 1

#8: Marie Curie 3 3 3 3

#9: Jonas Salk 3 3 3 1

#10: Alexander Fleming 3 3 3 3

The Entrepreneur’s Scorecard

RATING SCALE3 = Great Match2 = ?; Need More Info1 = No Match

NIS & BE relax & network INVO/NUCATS will set up “2nd DATES”

based upon the SCORECARDS data

BREAK

AFTER 1ST DATE

3 “ 2nd DATES” of 20 MINUTES/eachROUND 2 Further Interest Next Steps

CONCLUSION

NETWORKING WITH VCs & ENTREPRENEURS

LUNCH

HELP & ASSISTANCE

Michael Rosen Jim Bray or Sonia Kim Invention Manager @ INVO

INVOMatch 2012

Organized by

Contacts

Entrepreneurial Speed-dating

Sonia Kim, PhDMarketing Manager

INVOsonia.kim@northwestern.edu

Michael Rosen, MBASr VP, New Business Development

Forest City Science & Technology GroupMichaelRosen@forestcity.net

Jim BrayAssistant Director

NUCATSj-bray@northwestern.edu