Arizona St - Research to Commercialization - Open 2011

Venture forward. Faster.

Research to Commercialization

Dan O’Neill

Venture Acceleration Lead

dan.oneill@asu.edu

602.549.4099

© Copyright 2010 Arizona State University 1

The Role of Mentoring in

Achieving Scale and Quality

(and Global Reach)

ASU: One University, Many Places

Tempe Campus

Polytechnic Campus

West Campus

Downtown Phoenix Campus

SkySong

The New American University: Excellence, Access, Impact

© Copyright 2010 Arizona State University 2

• 70k students

– 8k Engineers

• 16k grads/year

– 2k Engineers

– 3k Business Students

• 4k faculty

• 500 Degree programs

• 14 Colleges and Schools

ASU: One Big Place

© Copyright 2010 Arizona State University 3

© Copyright 2010 Arizona State University 4

University-BasedIntegrated Innovation

Challenges & OpportunitiesTechnologies

Innovation Stack

Industry Collaboration

Education and Mentoring (Innovation, Entrepreneurship & Capstone Courses)

Intellectual Property Management

Venture AccelerationTechnology Roadmapping

© Copyright 2010 Arizona State University

Technology Push

Market Pull

Innovation Pipeline

Licensing Pathway

Venture Pathway

Open Pathway

ASU & Partner

Researchers

The Market &IndustrialPartners

5

A partnership of

that helps faculty, students, alumni and

ASU-linked entrepreneurs commercialize

research, launch new ventures, and

accelerate the growth of innovation-

based firms.

© Copyright 2010 Arizona State University 6

Venture Assessment

Roadmap of Tailored Services

Service Delivery Platform

Venture

Growth

Venture Catalyst staff Venture Catalyst staff

The Community (mentors,

investors, etc.)

Venture Support Process

© Copyright 2010 Arizona State University 7

• Experienced entrepreneurs

• Advice and counsel

• Management and advisory board recruitment

Mentors

• Training workshops

• Online curriculumEducational

Opportunities

• Arizona Technology Enterprises (AzTE) services

• Access to ASU’s IP portfolio

IP Assistance

• Access to qualified investors and venture capital firms

• Programs and events

• Training and support for grants, including SBIR.

Capital Connections

• Access to ASU students and recent graduates for internships/employment.

• Continuing education

Workforce Development

• Connections to ASU resources

• Market research

• Competitive analysis

• Business plan feedback

• Investor presentations

Business Services

Services

© Copyright 2010 Arizona State University 8

• Tom Cain, Chairman of Advisory Board; Co-founder and Special General Partner, Sail Venture Partners (#2 Clean-tech fund- WSJ); Founded Distributed Architects, Intl. (DAI) in Tempe, AZ as ASU student

• Jon Bayless, Partner, Sevin Rosen Funds (AUM $1.8 billion)

• Tony Corey, Former CEO of Rodel, Chair of AzTE Board

• Nety Krishna, Specialist Partner, RedPoint Ventures (AUM $2 billion)

• Russ Lebovitz, Venture Advisor, DFJ Mercury (part of Draper Fisher Jurvetson global network)

• David Lerner, Angel Investor and Entrepreneur, Director of Columbia University Venture Lab

• Matt McCooe, Managing Partner, Chart Venture Partners (defense focus)

• Dennis Merens, Managing Director, Dow Venture Capital (life sciences focus)

• Ken Noonan, Venture Partner, Advanced Technology Ventures

• Kent Petzold- Founder of Cyclone Commerce

• Hal Tashman, Founder, TechGroup, Inc., Chairman of the Tech Group Foundation and Turkish Philanthropy Funds

Advisory Board

© Copyright 2010 Arizona State University 9

Venture Catalyst Clients

Online Education

AcademicCourses

Faculty Research

Mature

Emerging

Mentoring Marketplace

Student Entrepreneurship

Programs

Venture Acceleration

Process

ASU Alumni

Student Ventures

ASU Spinouts

ASU-Linked

Intake

IC/Edson

© Copyright 2010 Arizona State University 10

Venture forward. Faster.

•Venture Catalyst Clients

•Mentoring Marketplace

•Student Entrepreneurship Programs

ASU Mentor Network

Venture forward. Faster.

Venture Catalyst Clients

“Premium Companies”

Faculty Spin Outs

Edson Student Entrepreneur Initiative

Innovation Challenge

Alumni-led Ventures

ASU-Linked Local and Global Ventures

Venture forward. Faster.

Self-organized mentoring relationships

•Emerging ventures

•Inventors-Innovators with ideas

•Developed companies

•Anyone, really

Mentoring Marketplace

Venture forward. Faster.

Student Entrepreneurship Programs

Academic Courses

•Fulton School of Engineering

•College of Technology Innovation

•GlobalResolve (BOP I+E)

•First Innovation

•Masters of Health Innovation

•More to Comen

Mentoring: Scale and Quality

15© Copyright 2010 Arizona State University

Technology Entrepreneurship

16© Copyright 2010 Arizona State University

Course Support Structure

Other Teachers

Lead Teacher

Grader

Mentor1

Team 1(4 Stu.)

Content

Mentor nTeam n

Work

. . .Advise

Grade

Review

Create&

Instruct

© Copyright 2010 Arizona State University 17

18

Venture Catalyst ClientCase Study

19

20

• It’s early, but…

• The Community is The Way

• Virtual doesn’t replace In-Person

• Engage early and often

• Ongoing education

• Dedicated management

• Start Local, Aim Global

Lessons Learned

Venture forward. Faster.

Research to Commercialization

Dan O’Neill

Venture Acceleration Lead

dan.oneill@asu.edu

602.549.4099

© Copyright 2010 Arizona State University 22

The Role of Online Education in

Achieving Scale and Quality

Entrepreneurship EducationArchitecture

VC Clients

© Copyright 2010 Arizona State University 23

GlobalStudents

Access

LMS

Courses

Objects

VC.org

Moodle

Mediasite(SET)

inXsol(SETA)

. . . Other

i.e., Intro to Tech Entrepreneurship

Online

ASU Online

Pearson

MyASU

Blackboard

Traditional

Online Tech Entrepreneurship:Modular, Configurable, Just-in-Time

© Copyright 2010 Arizona State University

24

CTI TEIM:Global Impact Entrepreneurship

© Copyright 2010 Arizona State University 25

ASU American Indian Studies: First Innovations

© Copyright 2010 Arizona State University 26

VC Start Up Course 1: Intro to Tech Entrepreneurship

© Copyright 2010 Arizona State University 27

Start Up Course 2ASU’s Financial Dynamics

(Authored by Dan, Developed by inXsol)

© Copyright 2010 Arizona State University 28

Enable Ventures / inXsol: SET Academy via NSF SBIR w/ ASU

© Copyright 2010 Arizona State University 29

NSF SBIR:Elevator Pitch and 1-Page Plan

© Copyright 2010 Arizona State University 30

SET Academy Elevator Pitch

© Copyright 2010 Arizona State University 31

32© Copyright 2009 Acara Institute

Campus Toluca

San AntonioBuena Vista

San AntonioBuena Vista

San AntonioBuena Vista