Entrepreneurship Workshop for Scientists and Engineers

Administration

Description

Background and purpose

The Institute of Physics (IOP) and the International Centre for Theoretical Physics are organising a weeklong workshop for science and engineering students and graduates from low-to-middle income countries who are interested in developing entrepreneurial skills. Participants will be introduced to the process of innovation, generation and protection of intellectual property, technology transfer and the commercialisation of ideas and inventions. They will benefit also from the international perspectives and insights of leading experts in the field.

Topics covered

Scientists and engineers as entrepreneurs;
opportunity and value assessment; intellectual property (IP);
basics of patenting;
IP management and global IP protection;
business plan fundamentals;
technology readiness levels;
invention to product;
timelines and processes;
tools for financial estimations;
pitching for cash;
networking, communication and presentation skills;
case studies and group projects.

Material

Poster Preliminary List of Participants Upon Arrival information

Entrepreneurship Workshop for Scientists and Engineers | (smr 3190)

Go to day

Monday, 19 March 2018

08:30 - 18:30

Location:

Adriatico Guest House - Giambiagi Lecture Hall

08:30 Registration 30' ( Adriatico Guest House - Giambiagi Lecture Hall Area (Lower Level 1) )
09:00 Welcome remarks 30'

Speaker: Joe Niemela, Linsey Clark, Surya Raghu (ICTP, IOP, Advanced Fluidics)

09:30 Introduction to speakers, organisers and participants 15'

What participants will do throughout the week, group projects and judging criteria
for the final presentations

Speaker:

Surya Raghu (Advanced Fluidics)

09:45 Speed networking exercise 30'

Speaker: Richard Brooks, Joe Niemela, Yumiko Hamano (FD Solutions, ICTP, WIPO)

10:15 Can scientists and engineers become entrepreneurs? 45'

What does it take to be an entrepreneur? A look at the pros and cons of entrepreneurship
as a career choice.

Speaker:	Dawood Parker (Melys AFS Ltd and Melys Diagnostics Ltd)
Material:	Slides

11:00 Coffee break 1h0'

Opportunity to visit ICTP travel office

12:00 Identifying problems and market needs in developing countries, with a focus on technology based solutions. 1h0'

Participants will generate a list of skills and resources required to invent, innovate
and implement solutions to identified problems and shortlist the market needs based
on priorities.

Group exercise

Speaker:	Richard Brooks,Robert Brice (FD Solutions, EquationLab)
Material:	Slides

13:00 Lunch break 1h0'
14:00 Tools for opportunity assessment and feasibility analysis 1h0'

Speaker: Surya Raghu (Advanced Fluidics)

15:00 Gathering the talent pool 1h0'

Participants will focus on developing generating ideas and solutions to the problems
and opportunities identified in earlier sessions. This session will also focus on team
formations for the business pitch on day five.

Speaker:

Richard Brooks, Dawood Parker (FD Solutions, Melys AFS Ltd and Melys Diagnostics Ltd)

16:00 Coffee break 30'
16:30 Gathering the talent pool and team formation: continued 1h30'

Speaker: All Speakers
18:00 Closing remarks 30'
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Brainstorming for projects
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Speaker: Surya Raghu (Advanced Fluidics)

Tuesday, 20 March 2018

08:30 - 22:30

Location:

Adriatico Guest House - Giambiagi Lecture Hall

08:30 Project selection: down-selecting high-impact projects 1h30'

During this session participants will begin their group projects and focus
on team formations, project planning and establishing a timeline. 

Further instructions will be given at the beginning of the session.

Group exercise

Speaker:

Richard Brooks, Surya Raghu, Dawood Parker (FD Solutions, Advanced Fluidics, Melys AFS Ltd and Melys Diagnostics Ltd)

10:00 Coffee break 30'

Participants will be given an opportunity to continue to form their teams
during the coffee break.

10:30 Project team introductions 30'
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In this session teams will introduce their ideas to be commercialised, to the group.
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Speaker: Yumiko Hamano, Robert Brice (WIPO, EquationLab)

11:00 Business model development and design thinking 1h0'

Speaker:	Surya Raghu (Advanced Fluidics)
Material:	Slides

12:00 Lunch break - Group Photo 1h0'

13:00 An introduction to business financials: financial terminology 1h15'

Group exercise

Speaker:	Richard Brooks (FD Solutions)
Material:	Slides

14:15 Intellectual property: tools for protecting IP, copyrights, trademarks and patents 1h15'

Group Exercise

Speaker:	Yumiko Hamano (WIPO)
Material:	Slides

15:30 Coffee break 30'

16:00 Understanding the values, benefits and features of your product 1h0'

An overview of what values, benefits and features mean in product development,
and linking these to the needs of the customer. 

Competition, entry barriers and market analysis. 

Group exercise

Speaker:	Robert Brice (EquationLab)
Material:	Slides

17:00 Market survey and evaluating customer feedback for your products 1h0'

Group exercise

Speaker:	Surya Raghu, Dawood Parker (Advanced Fluidics, Melys AFS Ltd and Melys Diagnostics Ltd)
Material:	Slides

18:00 Dinner break 2h30'

20:30 Personal initiative for entrepreneurs: setting goals, dealing with feedback and setbacks. 1h0'

Speaker:	Surya Raghu (Advanced Fluidics)
Material:	Slides

21:30 Group project work 1h0'

Teams will focus on business model development, market analysis, technology
road mapping, opportunity assessment, intellectual property and business financials
including preliminary costs and margins.

Wednesday, 21 March 2018

09:00 - 18:15

Location:

Adriatico Guest House - Giambiagi Lecture Hall

09:00 Intellectual property: legal contracts and documents for start-ups, elements of negotiations 1h30'

Group exercise

Speaker:	Yumiko Hamano (WIPO)
Material:	Slides

10:30 Coffee break 30'

11:00 Taking an idea or an invention to market 1h0'

This session will explore Technology Readiness Levels, the processes involved
and estimates of time required to develop a product from an idea or an invention.

Speaker:	Surya Raghu (Advanced Fluidics)
Material:	Slides

12:00 Estimating Finances for running a start-up, including a corporate cash flow exercise 1h0'

Please note that participants will require a smart phone for this session.

In preparation for this session it is advised that participants download
the free app that will be used to conduct the exercise.

It is available via itunes or googleplay.

Speaker:	Richard Brooks (FD Solutions)
Material:	Google Play link Slides iTunes link

13:00 Lunch break 1h0'

14:00 Business plan development 1h0'

In this session participants will focus on the elements required to develop
a business plan.
This includes pitching for cash, equity issues, share dilution, valuation at various
stages of a business’s development and what funding is needed at different stages.

Speaker:	Dawood Parker (Melys AFS Ltd and Melys Diagnostics Ltd)
Material:	Slides

15:00 Taking an invention to market 1h30'
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Group exercise
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Speaker: Dawood Parker, Yumiko Hamano (Melys AFS Ltd and Melys Diagnostics Ltd, WIPO)
16:30 Coffee break 30'

17:00 Group project work 1h0'

Teams will focus on business financials including forecasting costs and cash flow,
timelines from product to market and barriers to entering the market, including an
analysis of the competition and an outline of the business plan

Speaker:

All speakers

18:00 Closing remarks 15'

Speaker: Surya Raghu (Advanced Fluidics)

Thursday, 22 March 2018

09:00 - 19:15

Location:

Adriatico Guest House - Giambiagi Lecture Hall

09:00 Mapping the journey of your customers 45'

Tools for understanding your business and user journeys

Speaker:	Robert Brice (EquationLab)
Material:	Slides

09:45 Business success and learning from failures 45'

Speaker:	Dawood Parker (Melys AFS Ltd and Melys Diagnostics Ltd)
Material:	Slides

10:30 Communication and presentations skills 1h0'

This session will also include information on what the judges will be looking for in the group pitches.

Speaker:	Richard Brooks, Surya Raghu (FD Solutions, Advanced Fluidics)
Material:	Slides

11:30 Coffee break 30'
12:00 Writing skills for scientists and engineers 45'

Speaker: Joe Niemela (ICTP)
12:45 Start, stumble and succeed 45'

Speaker: Surya Raghu (Advanced Fluidics)
13:30 Lunch break 1h0'

14:30 Group project work 1h30'

Business pitch preparation: teams will focus on finalising their pitches for the
following day and speaker Q&A.

Speaker:

All speakers

16:00 Coffee break 30'

16:30 Group project work 2h30'

Participants are advised to practise the delivery of their presentations.
At this point all content should be finalised.
Speakers will be available to assist with this and advise as needed.

Speaker:

All speakers

19:00 Closing remarks, final announcements 15'

Speaker: Surya Raghu (Advanced Fluidics)

Friday, 23 March 2018
- 09:00 - 16:00
  
  Location: Adriatico Guest House - Giambiagi Lecture Hall
  - 09:00 Introduction to business pitch competition 1h0'
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Please note that all business pitch presentations must be submitted before 09.30.
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    Speaker: Surya Raghu, Richard Brooks, Yumiko Hamano (FD Solutions, Advanced Fluidics, WIPO)
  - 10:00 Group presentations: session one 1h0'
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Groups 1, 2 and 3
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    Speaker: All speakers and participants
  - 11:00 Coffee break 30'
  - 11:30 Group presentations: session two 1h0'
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Groups 4, 5 and 6
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    Speaker: All speakers and participants
  - 12:30 Lunch break 1h30'
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Judges deliberation 
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  - 14:00 Group project work: feedback from judges 30'
    
    Speaker: All speakers
  - 14:30 Participant feedback 30'
    
    Speaker: Surya Raghu (Advanced Fluidics)
  - 15:00 Follow-up support from IOP 15'
    
    Speaker: Linsey Clark (IOP)
  - 15:15 Announcement of winning group, distribution of certificates and concluding remarks 45'
    
    Speaker: Joe Niemela, Linsey Clark, Surya Raghu (ICTP; IOP, Advanced Fluidics)