November 3, 2003 Organizational Study James Krejcarek Sutee Dee Leighton Ige Jeff Satwicz

November 3, 2003 Organizational Study Presentation Outline Facility at RHV IP policy Funding Companies in the Hatchery How this relates to Olin College

November 3, 2003 Organizational Study The stuff they got acre, campus-like setting in a 35,000 square-foot building at Aleph Park in Terre Haute, Indiana –Built by $30 million grant from The Lilly Endowment High-tech office space –Networking and telecom facilities –New product development lab –Electronics and Radio frequency equipment Run by professional, full-time employees

November 3, 2003 Organizational Study Do YOU own your idea? University owns Faculty, not student IP IP made by company in RHV is owned by that company Encouraged to apply to NCIIA to patent IP No technology licensing office

November 3, 2003 Organizational Study Companies Hatching –Internet music sales –Innovative pricing platform –Sensors for onboard sensing on trucks –Predictive maintenance –Software for streamlining of on-call scheduling of physicians –Wireless data transfer for businesses

November 3, 2003 Organizational Study Money for cool Seek innovative, tech based ideas Has $10 million Success Fund Investments given –Non-cash (i.e. services, infrastructure) can reach $500k –Cash investment up to $500k Funding given in return for equity in company

November 3, 2003 Organizational Study How does this relate to our hatchery? Do we need $30 million to start our hatchery? How do the students fit in to the mix? When is our hatchery going to have companies in it? How can ours be student run?

November 3, 2003 Organizational Study So what does this mean? Rose-Hulman Ventures has created a resource rich environment to facilitate the creation and growth of ventures… …and it works!