2017 Spring CohortWeek 5 Workshop

Agenda12:00 – 12:05 pm Final Presentation Info

12:05 – 12:10 pm Funding Opportunities

12:10 – 12:50 pm Entrepreneur & Investor Panel

1:00 – 2:00 pm Team Presentations / Q&A

FINAL PRESENTATIONS

Final Presentation Format• 7 slides, 6 minutes, no interruptions• Problem to solve• Market size and potential• Lessons learned from customers• Your solution / value proposition• Final business model canvas• Next steps

FUNDING OPPORTUNITIES

LIFT2 Program• Eligibility:

o LSU inventiono LSU employee as PIo LSU innovators may submit only one application for a

LIFT2 Grant in each award cycle

• Up to $50k per grant out of $500k pool• Heavy focus on Commercial Opportunity• Statistically 3X more likely to receive

funding after I-Corps

LIFT2 Program• Early Submission Dates: March 15, 2017,

April 15, 2017o Funded if scored at top 15% of previous round

• Final Due Date: May 15, 2017o Competition for remaining funds

• Award Date: June 15, 2017• Submissions shall be made before 5 pm

BOR Proof-of-Concept and Prototyping Program

• Eligibility:o Similar to LIFT2o Up to $40,000o Heavy focus on Commercial Opportunity

• Notice of Intent due ~September 2017• Submission Deadline ~October 2017• Previous RFP available HERE.

NSF I-Corps Teams Program• Similar to this program, but more in-depth• $50,000 to travel for deeper customer discover• Focus on the entire business model canvas• Must have NSF lineage funding (this program

counts toward NSF lineage)• Must participate in 7 week intensive training• More than doubles likelihood of winning an

SBIR/STTR award

SBIR/STTR• Agency dependent• Must apply to an agency call for

technology development• Phase I: up to $225,000 to company• Phase II: up to $1,000,000 to company• Phase III: contractual sales with

customers

ENTREPRENEUR & INVESTOR PANEL

Discussion Topics• 3-5 minutes to explain your involvement in the technology

start-up world• What was most surprising to you as you launched (or helped

launch) a company?• How did you determine that there was a true market need

for your idea/company/solution?• What one piece of information do you wish you knew before

you started down this road?• What advice would you give someone that is considering

launching a company based on technology?

WRAP UP

Assignments for Next Week• Customer Interview Form based on interviews

with 3 more potential customers or end users• Prepare final Presentation Template #5• Practice presentation with Teaching Team• One-paragraph statement of value proposition

Final Meeting: Thursday, March9th 2017