Whiteboard to Boardroom “Collaborative Commercialization In the Bi-State Region” GCEC 2013.

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Presentation transcript:

Whiteboard to Boardroom “Collaborative Commercialization In the Bi-State Region” GCEC 2013

Founding Partners: UMKC, William Jewell College, University of Kansas Center for Technology Commercialization, Johnson County Community College Funded by National Science Foundation

W2B Objectives Identify game changing technologies and get them into the hands of established businesses and talented entrepreneurs, resulting in new projects and businesses that stay local and grow. Fully integrate university, hospital and industry research into the existing entrepreneurial ecosystem Create a central clearinghouse ( for regional commercialization information, including ideas for licensing, CEO candidates for startups, and entrepreneurial resources

W2B: Making Connections Management Teams Startup Resources Growth Resources Idea Identification Market & Technology Assessment Connect Research to KC Entrepreneurial Ecosystem

How It Works W2B team members serve as “match-makers,” connecting technologies with entrepreneurs to start and expand businesses Partner with research organizations and technology transfer offices to identify technologies Identify entrepreneurs with a depth of technology expertise and business experience Team with business development organizations to provide business assistance and create startups

Research Partners University of Missouri-Kansas City, Kansas City, MO The Children’s Mercy Hospital, Kansas City, MO St. Luke’s Mid America Heart Institute, Kansas City, MO Northwest Missouri State University, Maryville, MO Kansas City University of Medicine and Biosciences, Kansas City, MO Rockhurst University, Kansas City, MO William Jewell College, Liberty, MO University of Missouri, Columbia, MO Jordan Valley Innovation Center, Springfield, MO Mercy Research and Development, Springfield, MO Blue Valley High School CAPS Program, Overland Park, KS University of Kansas, Lawrence, KS KU Medical Center, Kansas City, KS Kansas State University, Manhattan, KS Wichita State University, Wichita, KS MRIGlobal, Kansas City, MO

CEO Bullpen KCTechMatch LinkedIn Group People who have recently been involved in exits from other companies and are looking for their next best thing. Middle-managers who have recently exited large corporations and have strong P&L experience. Others who have the capacity and social networks to make things happen.

W2B Program Education Technology commercialization programs for university faculty and hospital physicians Technology/Expertise Hub Central catalogue of university technologies available for licensing Database of domain experts for technology evaluation Relationships with CEO’s ready to run newly formed companies

Examples of Activities Connections Matching available technologies to entrepreneurs and established companies in the region Facilitating the licensing of university technologies to regional companies Recruiting medical device companies to partner with universities and hospitals to mature their technologies Fostering relationships with regional trade networks Business Development Promoting joint development projects between regional companies Teaming with business development organizations such as UMKC SBTDC and KCSourceLink to provide business assistance to entrepreneurs Identifying funding resources for newly formed startups

Outcomes To Date In the last eighteen months- 14research partners 5 licenses 8 company formations 8 company formations pending 15 industry/research projects underway 138 KCTechMatch members recruited 105 entrepreneur/company interactions

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