BENEFITS TO PARTNERS OF THE CENTER
Research Institutions, Agencies and Other Organizations- Positions Partners as an international leader in trans-disciplinary education and promotion of technology commercialization by creating a replicable model
- Creates a platform for collaboration with other Partners worldwide
- Creates an infrastructure of professionals, business, scientific and other experts who are sensitive to the needs of early stage technology companies and have developed the skills and experience to help them achieve success.
- Enables Partner to attract students worldwide who are interested in pursuing careers in technology commercialization
- Provides resources to the technology transfer office(s) of Partners to increase the number of inventions commercialized and facilitates new enterprise formation
- Offers an extensive array of affordable legal, business, technical, regulatory, communications, and other services to emerging technology companies, and permits students to achieve significant and relevant experience and network with world-class professionals and technology leaders
- Mobilizes all the resources of Partners in pursuit of its objectives and announces each Partner’s strong commitment to facilitating the commercialization of technology.
- Offers a continuous and informal portal for Partners worldwide with common goals and interests to exchange ideas, transfer knowledge and share resources
- Empowers minority students to participate in education in, and the practice of, technology commercialization
- Creates future generations of technology entrepreneurs by educating and exciting students in Grades K-12 about running their own businesses
Students- Acquire actual trans-disciplinary experience working on real matters to create new ventures around technologies from research institutions and to assist real businesses
- Learn to work with students and professionals from other disciplines, institutions, regions and countries, thereby becoming acclimated to operating in a “flat world.
- Use time more productively minimizing the need to travel and commute
- Secure a competitive advantage by developing practical skills necessary to be productive immediately to a prospective employer
- Exploit the opportunities for securing permanent employment that direct and intensive exposure to world-class supervising and mentoring professionals, investors and eruptives creates
- Participate directly in the process of selecting clients, thereby learning how to be informed and rigorous in deciding who to accept.
- Hone communication, and other “soft” or “people” skills through intensive contact with clients, supervisors and mentors, youth, educators, stakeholders in other regions and countries
- Learn new but important organization and implementation skills by planning and working on research projects, articles, monographs, live and on-line conferences, seminars and other actives in which the Center and its Partners engage
Entrepreneurs and Emerging Companies- Receive high quality services from capable and enthusiastic students at extremely affordable rates at a time when the need is great but the ability to pay market rates is not
- Students supervised by experienced serviced providers who accept you or your company as their client and provide back-up when the student teams are unavailable
- Use interactive collaborative on-lined tools enable meetings to occur and many services to be provided to clients virtually anywhere.
- Mitigate non-productive travel or commuting time, thereby allowing the Center to serve qualified clients far from major metropolitan areas
- Encourage clients to focus on long-term planning and preventing potential problems because of the affordable rates and efficiencies inherent in the Center’s service model.
- Educate clients on corporate governance and other matters that are critical for a company to have any chance of being considered by potential sources of funding
- Identify potential funding sources and assist with preparing and coaching for presentations
- Introduce clients to an extensive network of high quality professionals and other service providers who are eager to work with the Center’s clients and with whom clients can form working relationships that continue after the client graduates from the Center’s program
Participating Firms and Providers- Develop new clients without significant expenditure of financial and human resources through access to the Center’s clients
- Create enduring professional relationships with new clients who have survived the Center’s rigorous vetting process and selection standards
- Reach clients in places in which the Firm or Provider has not been active through use of the Center’s on-line resources when providing services
- Access clients of the Center from distant areas who wish to do business in the Firm’s or Provider’s location without significant expenditure of resources
- Develop actual working relationships with student teams under real-world working conditions
- Access potential new employees without significant financial expenditures
- Offer young employees the opportunity to gain supervisory experience, sharpen their own “soft” or “people” skills and gain valuable practical experience in transactional, intellectual property, business, financial and other matters by supervising student teams and providing services as volunteers.
- Give young employees the opportunity to develop their mentoring skills by educating students and clients alike on the importance of preventing problems, mitigating those that cannot be prevented before they turn into crises, and the importance of engaging in long-term strategic planning and attending to important yet often overlooked matters, such as corporate governance
- Increase productivity and reduce travel time when working with the Center’s clients by using the Center’s collaborative on-line service model