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FROM INNOVATION TO ENTERPRISE

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Launched in June 2005 as a 501 c (3) Public Benefit Corporation ... 4,000 sq. ft. of Class A space with 12 office suites, conference rooms within Farrell Hall ... – PowerPoint PPT presentation

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Title: FROM INNOVATION TO ENTERPRISE


1
VERMONT CENTER FOR EMERGING TECHNOLOGIES
  • FROM INNOVATION TO ENTERPRISE
  • DAVID BRADBURY, PRESIDENT
  • DAVID.BRADBURY_at_UVM.EDU
  • 802.656.3880

2
VCETs Guiding Principles
  • Mission
  • Increase the number of technology-based small
    companies originating in or relocating to Vermont
  • Promote and accelerate university and industry
    technology transfer and commercialization
  • Sponsor the creation of next generation jobs for
    this generation of Vermonters.

3
VCETs Client Selection Criteria
  • VCETs History
  • Launched in June 2005 as a 501 c (3) Public
    Benefit Corporation
  • Small, experienced staff with access to extensive
    network of mentors, advisors, MBA Fellow and
    alumni
  • Strategic Affiliation with UVM
  • Ties to Norwich University, Middlebury College,
    Champlain College, and Vermont State Colleges
    among others
  • Serving 10 active clients
  • Seeing a deep prospect pipeline.
  • Client Areas
  • Software
  • Environmental technologies
  • Microelectronics/failure analysis
  • Drug discovery/therapy
  • Advanced Computing/ 3D Simulation
  • Education Technology
  • Entertainment
  • Telemedicine
  • Communications
  • Medical Devices and Diagnostics

Team
Opportunity
Resources
4
VCETs Value Proposition
  • VCET provides clients with a better opportunity
    for success
  • Operation of leading-edge technology business
    incubator facilities and counseling
  • Offering early stage businesses a menu of
    traditional incubator services

Business Life Cycle
  • Business Counseling and Advocacy
  • Advisers Network of managerial resources
    financing contacts
  • Introduction into prospective customers
  • Accountability and Encouragement
  • Coaching and mentoring from both on-site and
    affiliated experts
  • Availability of research and teaching faculty,
    and fellows
  • Access to two libraries and specialized research
    databases.
  • Strategic relationships across Vermont and the
    region
  • Administrative and facilities support
  • Grants and loans
  • Connections to angel investors and venture
    capital resources

5
VCETs Core Capabilities
6
VCET Resources
VCET _at_ UVM
VCET _at_ Colchester
  • 21,000 sq. ft. of market tenant and VCET client
    space, including new flexible, low cost
    individual office suites
  • Adjacent to UVM medical research facility and
    Exit 16
  • 4,000 sq. ft. of Class A space with 12 office
    suites, conference rooms within Farrell Hall
  • Location of VCET staff and support resources
  • Strategic Affiliation with the University of
    Vermont
  • Our Team
  • Professional Staff Partners
  • Board of Advisors
  • Business and Professional Mentors

7
VCET Clients
Viridis Diagnostics
Plomics
Microdesign
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