SC456 - How to Start A Company
Sunday, 14 May
08:30 - 15:00
Short Course Level:
Instructor: Jes Broeng1 and Milton Chang2; 1DTU, Denmark, 2Incubic, USA
Short Course Description:
Starting a new business is one of the most rewarding experiences one can imagine. The journey from an idea to a successful company is, however, paved with challenges and puts high demands on technology, business and social skills. The upside, though, is tremendous in personal learning and potentially also in an economic sense.
This short course is aimed to help people thinking about starting their own company and provide practice-oriented tools to help aspiring entrepreneurs who have a scientific or engineering background.
To commercialize a new technology, the short course will help answer the following questions:
How do I know I have a viable business idea?
What to look for in co-founders?
What financing strategy is appropriate for my kind of business?
How to pitch and work with investors?
How to bootstrap if all fails?
The course will include a mix of business theory and start-up experience based on a number of successful high-tech companies familiar to the scientists and engineers at CLEO. The short course will also include a workshop session, where start-up ideas from the attendees may be introduced and strengthened under the instructor’s guidance. The course includes a informal networking lunch.
Short Course Benefits:
This course should enable you to:
• Recognize a potential high-tech business opportunity
• Have an understanding of different business models and to identify the right one for your start-up
• Knowledge of how investors think and how you may attract funding for a new venture
• Understand the principles to set up an effective organization
• Establish an eco-system to support your business, including lead customers and R&D partners.
Short Course Audience:
This course is intended for scientists & engineers with interest in starting up their own high-tech business. This short course limited to an enrollment of 25; apply early to guarantee your spot.