“Scipreneur Challenge” seeking individuals interested in life science IP
The 10-week program is focused on undergraduate and graduate students; Post Docs; research scientists, engineers, and business students interested in developing a business plan around technologies from research entities.
The BioTN Foundation and its Academic Alliance kicked-off the 2023 edition of the “Scipreneur Challenge” last Thursday night with an informational session led by Bryan Barringer, Managing Partner at Flow Venture Labs and the program’s facilitator.
The real activity begins at 6 p.m. CST this Thursday with the second session in the 10-week series when intellectual property (IP) that has been provided by research organizations across Tennessee is reviewed and teams of three to five individuals are formed to work on plans to commercialize the inventions. The program is targeted at undergraduate and graduate students; Post Docs; research scientists, engineers, and business students interested in developing a business plan around the technology.
Starting March 9 and continuing for the next seven weeks, participants attend two-hour virtual sessions where they cover a variety of topics such as founder basics, problem-market identification, customer-solution segmentation, IP protection and regulatory concerns, financial projection and funding, and narrative and pitching.
The finale, where the teams present their work, will be held April 27, both in-person in Nashville and virtually. The location will be announced later.
In her opening remarks, Abby Trotter, Executive Director of BioTN and Life Science Tennessee, its sibling organization, said the focus is on “how to take a piece of technology and turn it into a business.” Barringer explained that commercialization is difficult and frequently unsuccessful, and the “Scipreneur Challenge” is designed to change that reality.
He added that participants will need to commit to four to five hours of individual and group efforts per week from this Thursday to late April 2023. This includes a two-hour cohort session every week as well as the pitch event at the end of the cohort.
Those interested in registering for this Thursday’s “IP Parade” can do so at this link.
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