April Venture Lab Report DRAFT...UC Merced Venture Lab April 2018 The UC Merced Venture Lab is a...
Transcript of April Venture Lab Report DRAFT...UC Merced Venture Lab April 2018 The UC Merced Venture Lab is a...
1
UC Merced Venture Lab April 2018
The UC Merced Venture Lab is a community business incubator that partners
with people to design and grow new businesses.
We help people explore entrepreneurship as a career, with the goal of strengthening and diversifying the economy through creation and attraction of new businesses, to
create new jobs and to deliver on the promise of innovation.
Julio Perez and Gene Panferov in front of the Greenbuild conference in Boston where they utilized portions of their NSF I-Corps grant to expand on customer discovery for their business.
• MENTORS • FREE LEGAL ADVICE • CONNECTIONS
• CO-WORKING SPACE • SEMINARS & WORKSHOPS • NETWORKING
TO LAUNCH NEW COMPANIES, THE UC MERCED VENTURE LAB OFFERS:
2
Who is in the UC Merced Venture Lab?
As of April, the UC Merced Venture Lab has a total of 50 members.
Other50%
UC Merced Alumni10%
UC Merced Faculty8%
UC Merced Graduate Student
6%
UC Merced Undergraduate
26%
3
What are the stages of developing a business in the UC Merced Venture Lab?
1
2
3
4
5
4
How are our members progressing?
1
8
0
8
3
0
1
2
3
4
5
6
7
8
9
Idea/Value Proposition Market Research Market Fit Assessment Business Model/Launch Plan
Launch
Number of Business Concepts by Stages of Development
5
UC Merced Venture Lab Business Concepts VENTURE LAB MEMBERS
BusinessConceptName BusinessSummary1P Theconceptofthebusinessistoprovidesmallbusinessesandeventually
largerbusinessesaservicethatwilleitherbuilduptheirreputationorprotectit.
ApacoxDespensor Wedeliveradevicetothecustomerthataccuratelydispensesadhesiveontobracketsmountedonindividualteeth.
Azadi-BiodieselFuel Producesbiodieselfuelfortransportation,electricalgeneration,andheating
EireneTechnologies Quantumdevicefordetectingstealththreatsencounteredattheborder.Enfant Atoolthattranslatestheneedsofinfantsintoactionabledecisions.FathomCellars Agesbottledwine10timesfasterthanatraditionalcellarGoldNanoparticles Nanoparticlesthatcanbeusedtodelivermedicationtopatientswith
cancer.LaunchList/Ordino Softwareformanagingandeditinglargeimagecollections.LookingGlassGenomics TheongoingGenomicsRevolution,highlightedbythesequencingand
annotationofthehumangenome,promisestochangehowdiseasesarediagnosed,prevented,andtreated.
MobileSolarthermaldesalinationsystem
Inordertoseparatesalt,seleniumandotherharmfulchemicalfromwatercompletely,thereareveryexpensiveplantswithhighmaintenancecost.Thissystemgoingtoreplacethehugeplants,withmediumsizeandportablesystemthatcanoperatorswithsun'senergy.
SelflessHealth Donationbasedwebsitethatcreatestransparencybetweendonorsandrecipient.
SpartanSmith Newdeviceforautomaticrifleownerstobecompliantwithnewgunlaws.SweepEnergy Softwarethatassistslargeproductionfacilitieswithdatamanagementand
diagnostics.TergisTech Amedicaldevicecompanythatfocusesonmakinghospitalscleaner
throughSolutionsmechanicalmeans,ratherthanpharmaceutical.
TinyFarmsInc. Developingtheinfrastructuretorealizetheincrediblepotentialofinsectagriculturetoaddressloomingproteinshortages,andoffsetthedevastatingenvironmentaleffectsoftraditionalproteinproduction.
TownInc. IncorporationofalocaltownintoacityofinnovationUp-RiteToteRack Patentedmethodforstoringanysizedplasticstoragetoteinasingle
apparatusthatmountstothewallorceilingthatincludesalockingmechanismandiseasytoship,assembleandmanufacture.
UVEpoxy Greateraccuracyinepoxydispensingisneededwhenworkingwithsmallpartsandsharpcorners.Asaresult,adevicethataccuratelydispensesepoxyisneeded.
WALSH,CASSADY,&WALSH.SOLUTIONS
Consultancyforstrategicsolutionstosystemicchallengeswithinbusiness,education,andgovernmentagencies.
SpectreVino Thestartupwinecompanywilloperateinaleansupplychainenvironment
6
UC Merced Venture Lab Affiliate Companies VENTURE LAB AFFILIATES
BusinessConceptName
BusinessSummary
ArensisInc Specializesinconvertinglocallysourcedsolidorganicwasteintorenewableelectricity,heatingandcooling.
ArqBravoGroup AsustainabletransportationsolutionscompanyexploringmanufacturingopportunitiesintheCentralValley.
BEAT EducationalcompanythatprovidesK-12STEMeducationandprofessionaldevelopmenttoteachers.
BioSynesisInc. Acontractresearchandmanufacturingorganization,specializinginthedevelopmentandmanufacturingofGenomicandProteomicproducts.
BriliantPerspective StartupDronebusinesscurrentlyusingdronescoutingequipmenttohelpmanagecrops.
Fintechdigitalbanking FocusingontheemergingmarketsandmakingMercedasabasetoimplementtechnologytohelpthethirdworldcountriesinsegmentssuchasdigitalbanking,commerce,heathetc.
JohnBGoods Abreadbakerythatfeedsindividualsandfamilies,andplanstosupplybreadtoeventsandsupplylocalrestaurantswithlocallymadebread.
LivingstonCommunityHealth
TeachingHealthCenterResidencyProgramareanevidencebasedapproachtoexpandingthetrainingofphysiciansandultimatelyincreasingthenumberoflicensedphysiciansinourcommunity.
MercedYouthConnection Shapingtoday’syouthfortomorrow’ssuccessthroughlove,laughterandlearning.
PainttheTown BasedinMerced,PainttheTownisacommunityimprovementnon-profitspecializingincreatingandsustainingworksofpublicart.
StarrrHub AIandITtrainingandsupportingbusinesses
SuperInsulatedGreenBuildingTechnologies
TheSuper-InsulatedGreenWallaimstohelppeopleinterestedinbuildingcosteffectiveenergyefficienthomesthatcanbeeasilyandquicklyconstructedwithminimaltraining.
UCBerkeleyNewBusinessPracticum
UCBerkeleyLawSchool’sNewBusinessPracticumhelpslow-incomeentrepreneurswithlimitedlegalservices,byansweringquestions,providingtemplateforms,andgivingguidanceoncommonlegalissues.
WatasensorTechnology Disruptivesensortechnologyforcommercialapplication.
WingettFarms Toestablishamulti-productfarmintheinnercitythatwilleventuallywillbeautomated.
YourRainSystems,Inc. Standalonerainwatertopotablesystemsforsinglefamilyhouseholds.
7
Member Spotlight
BUILDING COMPANIES, BUILDING CONFIDENCE Ordino launches Drone app on Drone Deploy Ordino has made substantial progress over the past several months. They have launched an app on the world’s largest drone platform DroneDeploy. This app is gaining numerous users and has provided them with important insights into the drone marketplace and the needs of end users. Sweep Energy After finishing their first pilot programs, they have acquired their first two paying customers for their services. They are about 1-2 months away from being able to produce complete units of our device at Venture Lab Atwater. Due to access to the UC Merced manufacturing site in Atwater, they have been able to accelerate their hardware engineering and testing and are preparing their device for manufacturing. The will be able to assemble complete units at the Venture Lab Atwater facility. With Venture Lab assistance, they were able to attend their first two expositions. Their first expo led to the opportunity where they were able to connect with CEO of the California league of food processors, and were able to get a substantial discount to exhibit at their yearly expo, due to the connection from networking within the venture lab. From the access to that expo, they have had the opportunity to develop a partnership with a San Diego company that will be helping them sell their product in the San Diego area. Using the venture labs lawyer resource, they have been able to develop sales agreements and NDA's for partnering with other companies. Due to a networking event hosted by Venture Lab Merced, they are now working with a sales person with 20+ years experience in the technology sales industry that is helping them expand their reach to additional customer segments. A lot of what we have accomplished in these past three years has been in part due to the hard work and dedication of the Venture Lab Program Manager, Cara Baird. We wouldn’t be where we are today without her unwavering support. She will be missed. UC Merced Venture Lab 1735 M Street venturelab.ucmerced.edu