Vanderbilt University is at the forefront of cutting edge applied research and development, which often translates into entrepreneurial endeavors across broad industry spectrums. It is important that such activities have a positive impact on our community and that the New Ventures Team serves offers the proper support to Vanderbilt's research community.
View the New Ventures Commercialization Process document.
To support Vanderbilt’s entrepreneurial community, the New Ventures Team provides a variety of services to assess new venture viability, including:
- Conduct initial interview with the inventor to evaluate and gain clarity on the basics of the technology / invention at the ideation phase.
- Analyze the external and internal environment by performing a 360-degree due diligence on the technology, team and market.
- Evaluate industry dynamics, market trends and the competitive landscape as it relates to the technology and establish the business model framework.
- Engage regional experts, advisors and mentors to conduct external due diligence.
- Develop business plans, financial and valuation models, and analyze funding needs and use of funds.
- Identify and recruit management team, board of directors and advisors.
- Create business structure, determine organization type and establish new venture.
- Partner with CTTC licensing group to complete IP licensing from Vanderbilt to the new venture.
- Identify and engage potential investors who are suitable matches for the new venture.
- Assist with preparation of investor-related documents (pitch decks, valuation models, executive summary, etc.).
- Provide strategic support in negotiations, business structuring and other advisory functions related to the funding process.
(Click on the image to read more about the New Ventures' Commercialization Process)