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Business Fundamentals for Scientists Workshops

A series of hands-on workshops developed specifically for UMD faculty and graduate students to teach them a variety of skills necessary for launching a business venture.

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A series of hands-on workshops developed to teach faculty and graduate students relevant business concepts and skills, inform them of available startup resources at UMD and how to take advantage of those resources, provide them with access to legal support and advice surrounding their startups, as well as offering faculty and graduate students the opportunity to develop applicable skills and attain new tools to activate transformational impact.

Most workshops are offered two separate times during a week to allow for a more flexible schedule.

Examples of previous workshops include:

  • Business Development 101 for Startups 
  • Can my innovation become a startup?
  • Customer Discovery through I-Corps Program 
  • Intellectual Property Fundamentals
  • Identifying and Managing Conflict of Interest at the University of Maryland 
You don't need a complicated business plan, pitch VCs, or rent fancy office space to become an entrepreneur. With today's online manufacturing, marketing, sales and distribution platforms it is fairly easy to quickly launch a lifestyle business that requires minimum investment or overhead, yet can generate a nice revenue stream. This platform can be scaled to a full time business. Harry Geller, a successful serial entrepreneur and Entrepreneur in Residence at the University of Maryland will give an overview on how to use these e-commerce platforms and what kind of business ideas could be implemented.

 

Fall 2020 Workshops

 

 

Business Skills for Scientists Workshop Series Will Be Streamed Online

UM Ventures is committed to keep providing services to our researchers interested in startup opportunities, while following guidance to help prevent the spread of COVID-19 virus. In order to avoid gatherings of people or unnecessary travel to/from campus, we are moving all workshops scheduled for March and April to online platform.  Please continue to register for each individual workshop using the links below. Before each event you will receive a Zoom invitation and instructions to join the workshop online.

 

The History of Technology: From fire to fibre optic

From humankind’s earliest days tools were key to survival.  From the first engineers to today, technology has driven us to new heights, and many cultures have shared in this endeavor.  This lecture will explore many of these contributions and showcase the acceleration of technological innovation through the millennia to today.  Contributions of the Egyptians, Romans, Greeks and others, through the Dark Ages to the Renaissance, the Industrial Revolution and the Information Age, the Biotechnology Era and other critical revolutions of today, will all be discussed in a lively format, placing various inventors in their times. 

Presenter: Raymond Van Dyke, Technology and Intellectual Property Attorney, Patent Practitioner, Van Dyke Intellectual Property Law
When: November 2, 10:00 AM – 11:30 AM, REGISTER
                                         

Startup Guide for Faculty/Researchers at UMD                                        

The University of Maryland and the State of Maryland have an abundance of resources for aspiring entrepreneurs. This workshop will provide an overview of the resources and programs, and a suggested path to navigate them in the most efficient way. The workshop is designed specifically for faculty and graduate student startups based on university innovations.

Presenter: Alla McCoy, Director, Startup Support, UMD
When: Nov 4, 4:00 PM - 5:00 PM, REGISTER

Startup Funding for UMD Faculty and Graduate Students

The University of Maryland offers access to over $600K in funding to startups founded to commercialize University innovations. Find out details about funding programs to validate technology, form your startup, enhance R&D and other.   

Presenter: Alla McCoy, Director, Startup Support, UMD
When: Nov 10, 1:00 PM - 2:00 PM, REGISTER

IP Strategy  

Most companies need to develop some form of Intellectual Property (IP) strategy using Patents, Trademarks, Copyrights, and/or Trade Secrets. However, many principals do not always appreciate how these rights can be used as part of an overall integrated IP Strategy. Edell, Shapiro, and Finnan will discuss what it means to develop an IP strategy, as well as how the different IP rights can be used in an integrated and cost-effective manner to protect your company’s intellectual property assets and drive innovation. In this presentation, you will learn how the different IP rights intersect, learn to identify the factors that dictate your IP strategy, receive tips for maximizing your return on investment in IP, and learn common pitfalls that need to be avoided to ensure complete IP protection.

Presenters: Lawrence Eisen, Andrew Haberman & Josh Puvak, Partners, Edell, Shapiro & Finnan, LLC
When: November 16, 10:00 AM - 11:00 AM, REGISTER

How Equity Investments Work: Angels and VCs

Learn from an experienced VC how equity investments work, the difference between VCs and angel investors, how do they invest, what their expectation is, and what you need to know.

Presenter: Stan Smith, Venture Investments Manager, UMD
When: Nov 19, 1:00 PM - 2:00 PM, REGISTER

 

How to Pitch Investors

In this workshop, Laura Neuman, a successful serial entrepreneur, investor, and public servant will discuss effective ways to construct and deliver your investor pitch.

Presenter, Laura Neuman, Entrepreneur in Residence, UMD

When: Dec 9, 12:00 PM - 1:00 PM, REGISTER


Startup Advice from Experienced Entrepreneurs in Residence (EIR)

Experienced serial entrepreneurs can help evaluate ideas and design plan and next steps in your startup journey.

Due to COVID-19 restrictions, all EIR meetings will be conducted via Zoom.

Please sign up on SlyReply for a time slot, and you will receive a link to connect to your online meeting.

Laura Neuman
Laura Neuman

Laura has held public office and was CEO and company-builder in the private sector. Most notable achievement in business was to build technology startup Matrics, raising $17 million in venture capital; sold for $230 million.

Read more about Laura
Harry Geller EIR
Harry Geller

Harry has started, owned and managed fourteen multi-million dollar businesses, primarily focused in the logistics, food services and real estate fields. Four of his companies have been named to the INC. 500 list of fastest growing companies.  

Read more about Harry
Doug Humprhey
Doug Humphrey

Doug has started many companies, had success and failure, and serves today on a variety of boards of advisors and directors, and as a business advisor to companies of all sizes. His startups include Digex, CORE Location, SkyCache/Cidera.

Read more about Doug
Dan Nadash
Dan Nadash

Dan is an experienced executive offering operations and business development expertise for startups. Dan also serves as a Site Miner for Maryland Innovation Initiative.

Read more about Dan

Use Business Fundamentals for Scientists Workshops to…

  • Find entrepreneurship events

    Upcoming business fundamental workshops can be found here. All attendees must register prior to the event.

  • Get business advice for my venture

    Entrepreneurs-in-Residence (EIRs), who are seasoned business executives with relevant domain expertise, offer one-on-one sessions and workshops to faculty, graduate students, and researchers on the development of go-to-market strategies and business plans, how to form management teams, identify and help secure funding for ripe ventures. They can provide feedback on technology, business planning and access to capital for inventors. The EIRs help to advance early-stage technology transfer opportunities and expand and accelerate new business ventures. EIRs leverage their own personal networks, where appropriate, to benefit commercialization projects. They are experienced and knowledgeable about the technology commercialization process, have management level experience with early stage companies, and experience raising capital (e.g. angel, venture, grants). 

  • Identify/apply for funding & grants

    Entrepreneurs-in-Residence (EIRs), who are seasoned business executives with relevant domain expertise, offer one-on-one sessions and workshops to faculty, graduate students, and researchers on raising capital (e.g. angel, venture, grants) and can provide access to capital. To sign up for an appointment here is link: go.umd.edu/EIR2019 

  • Launch my venture

    Entrepreneurs-in-Residence (EIRs), who are seasoned business executives with relevant domain expertise, offer one-on-one sessions and workshops to faculty, graduate students, and researchers on the development of go-to-market strategies and business plans, how to form management teams, identify and help secure funding for ripe ventures. The EIRs help to advance early-stage technology transfer opportunities and expand and accelerate new business ventures. To sign up for an appointment here is link: go.umd.edu/EIR2019 

  • Learn about entrepreneurship

    Entrepreneurs-in-Residence (EIRs), who are seasoned business executives with relevant domain expertise offer one-on-one sessions and workshops to faculty, graduate students, and researchers on the development of go-to-market strategies and business plans, how to form management teams, identify and help secure funding for ripe ventures. The EIRs help to advance early-stage technology transfer opportunities and expand and accelerate new business ventures. To sign up for an appointment here is link: go.umd.edu/EIR2019 

Contact Information

Startup UMD Suite, 7878 Diamondback Drive, College Park, MD 20742