Springboard| Springboard Process

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Launching Technology Through Entrepreneurship

Springboard provides free assistance for life sciences, clean tech, high tech and consumer products companies in all stages of development, including concept, technology transfer, seed- or A-round level start-up, to companies that have reached a critical inflection point. Innovators and entrepreneurs accepted into the program spend 3 to 5 months in FREE coaching sessions with a group of CONNECT's Entrepreneurs in Residence and/or domain experts. Upon completion of this process, the entrepreneur is invited to make a presentation of their business model to a select group of experts. This group generally includes angel investors, venture capitalists, seasoned entrepreneurs with domain expertise, accountants, corporate and patent attorneys, marketing professionals, and executives from successful companies in the same industry. The panel of experts is tailored to the individual needs of each Springboard client. The goals of the panel presentation are to provide the entrepreneur with candid recommendations for the refinement of their business plan and to help identify next steps to achieve the company’s goals. Following the panel presentation, the entrepreneur meets with their Entrepreneur in Residence to identify next steps, incorporate the feedback from the panel, and implement a strategic plan for the next six to twelve months.

Potential Outcomes Include:

• Feedback on commercial potential of technology
• Compelling business presentation
• Cohesive financial model
• Evaluation of Management Team
• Go-to-market strategy
• Stronger Strategic plan
• Realistic funding strategy/readiness for investment
• Feedback on a specific business challenge
• Expanded network

Program Contact: