Participation in this program requires the formation of an entrepreneurial team consisting of:
Entrepreneurial Lead (EL): The EL is responsible for driving the process of Customer Discover and Business Model development, and may also recruit additional students to participate in the team. On faculty-led teams, the EL is typically a postdoctoral researcher, graduate student, or undergraduate student, who possesses the relevant technical knowledge and a deep commitment to investigate the commercial landscape surrounding the innovation, and is responsible for leading the development of the business model for the product or technology proposed. On student led teams, the EL is the student who acts as the point person during the length of the program, makes presentations on behalf of the group, and takes responsibility for group performance.
Academic Lead (AL): The AL is a faculty member that has led the development of a new product or technology, or has relevant knowledge about the problem the venture will solve. This person can act as the team’s Chief Technology Officer or advisor, and could also choose to take a more involved role in the development of the business strategy.
It is not required that student teams have an Academic Lead, but it is strongly advised that they seek one out through this process.
An Industry Mentor is typically someone with experience transitioning technology out of academic labs and into the marketplace, or with experience bringing new products to market within the industry that the team is trying to enter. Industry Mentors should live in close proximity to the institution, and have connections throughout the region. The AU team can help facilitate finding an Industry Mentor.
If you have an idea for a new venture, or have developed a new technology that you would like to commercialize, but have not yet formed a team, Accelerate UConn staff may be able to help. Please contact Jennifer Murphy at email@example.com. Please provide her with an introduction to the product or technology that you are working on, a description of the existing members of your team, as well as an idea of the type of team member that you are looking for.