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StartupUMD Business Fundamentals Workshops

What: A series of hands-on workshops developed collaboratively by UM Ventures, Mtech, and Dingman Center for Entrepreneurship specifically for UMD faculty and graduate students to teach business concepts and skills, startup resources and how to take advantage of them, legal issues surrounding startups and many other practical know-how. 

Place: Due to COVID-19 restrictions all workshops will be conducted virtually.

Subscribe to our newsletter: Please join our mail list to receive announcements about upcoming workshops, events, funding opportunities, and other news of interest to entrepreneurial faculty.

 

Schedule:

May 2021

Startup Guide for Faculty and Graduate Students 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, UM Ventures
When: May 12, 2021, 11:00 AM - 12:00 PM
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Q&A with UM Ventures Director and Sr. Innovation Manager

UM Ventures is a joint initiative of the MPowering the State Program, bringing the University of Maryland, Baltimore and University of Maryland, College Park together to translate discoveries, and create economic and societal impact. By encouraging  our students and faculty, providing expert advice, training, funding, and business services, more discoveries will be translated into solutions benefitting society.

Please join us for a Q&A session with UM Ventures Director Dr. Ken Porter and Sr. Innovation Manager Dr. Hemi Chopra to ask questions about services provided by UM Ventures, processes, policies, or any other questions you may have. 

Panelists:
Ken Porter, Ph.D, Director, UM Ventures
Hemi Chopra, Ph.D, Sr. Innovation Manager, UM Ventures

When: May 13, 12:00-1:00 PM 
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Startup Licensing 101: Term Sheets and Financials

For many entrepreneurs, licensing from a university may be a new experience. This series of webinars provides information that will be helpful for academic entrepreneurs contemplating their first (or perhaps subsequent) license from an academic institution. Presented by an attorney who represents many academic startups, including their investors, along with two academic technology transfer veterans, these webinars bring views from both sides of the table and best practices for a fruitful and efficient negotiation.

In part three of this 5-part webinar series, the panelists will cover:

  • Overview of what the license grants
  • Run-through of a basic term sheet
  • Financials
    • Upfront
    • Equity and associated clauses
    • Earned royalties
    • Annual payments (maintenance fees and minimums)
    • Milestones payments
    • Patent expenses

When: May 18, 12:00-1:00 PM 
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The History of Intellectual Property, Part 1 

Centuries ago the intellectual property laws developed to protect innovators and creators.  Before that, there were few if any protections.  So, how did these laws come into being? What drivers were responsible and what cultures led the way to transform the primitive laws then to the more sophisticated legal instruments we see today? From Romans to the Italian Renaissance to today, this presentation will explore the evolution of the intellectual property laws.  Part 1 will deal with the creation of the patent laws.

Presenter: Raymond Van Dyke, Van Dyke Intellectual Property Law

When: May 19, 11:00 AM - 12:00 PM
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Quick Scaling Your Way to Entrepreneurship

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. Learn how to use these e-commerce platforms and what kind of business ideas can be implemented.


Presenter: Harry Geller, Entrepreneur in Residence

When: May 25, 11:00 AM - 12:00 PM
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CEO, CTO, CFO, CMO...CxO: What Do These People Do at a Startup and When Are they Needed?

Building a great startup team is critical to the success of your company as evidenced by the fact that most experienced investors say they invest in people and teams, not technologies. This workshop will help you understand what are the roles that these key positions play within a startup, when do they become needed, and how do they change and evolve as the business grows.


Presenter: Doug Humphrey, Entrepreneur in Residence

When: May 27, 1:00-2:00 PM
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Watch videos of previous workshops on our YouTube channel.

Watch videos of previous workshops on our YouTube channel.