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First Steps for Starting a Small Business

The NCI SBIR PLAN Webinar focused on the First Steps for Starting a Small Business.  The content covered:

  • Key steps to get your small business started;
  • Entrepreneurial roadblocks;
  • Transitioning from academia to industry;
  • Financial tools;
  • Entrepreneurial resources;
  • IP protection;
  • Types of commercial entities;
  • Getting help from the University; and
  • Financial strategies. 

In this PLAN webinar, prior SBIR/STTR awardees with a variety of cancer technology products explained how they tackled challenging issues related to starting a small business.

PLAN-Therapeutics - BIOMass.JPG
Therapeutics - BIOMass
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Reasons for starting a small business

Utilizing external resources to build your business team

Corporate structure considerations

Resources for accounting, data storage/archiving, and cap tables

Non-dilutive and dilutive funding resources

Therapeutics - Nanocan
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Entrepreneurial vision

Licensing a university technology

Corporate structure considerations

Non-dilutive funding & raising private capital

Assembling a business team

PLAN - Therapeutics - Tezcat Biosciences
Therapeutics - Tezcat Biosciences
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Transitioning from Academia to business

IP/licensing

Prioritizing key experiments

Helpful resources (networking events, classes, accelerator programs)

PLAN - Medical Devices - SimBioSys
Medical Devices - SimBioSys
Watch video if interested in:

Reasons for starting a small business

Transitioning from academia to business

Helpful resources (non-dilutive funding, entrepreneurial training, accelerators)

Risk benefit frameworks for starting a small business

Clinical partnerships

 

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