Academic Women Inventors: Apply to Equalize 2024 to Advance Your Startup!

Academic Women Inventors: Apply to Equalize 2024 to Advance Your Startup!

Academic Women Inventors: Apply to Equalize 2024 to Advance Your Startup!

Academic women inventors have until this Friday—November 17, 2023—to apply to Equalize 2024, a pitch competition and symposium program. Established in 2020 by Nichole Mercier of Washington University in St. Louis with Kirsten Leute of Osage University Partners, this comprehensive program seeks to equalize the pathway for academic women who want to be entrepreneurial and commercialize their innovations.

Equalize Startups

This program and others like it are important because according to the U.S. Patent and Trademark Office (USPTO), women account for less than 13 percent of U.S patent holders though women make up half the workforce.

Candidates for Equalize 2024 must hold an academic appointment (tenured, tenure track, or research) or a post-doc or graduate student position at an academic research institution as well as have a pending or issued patent or copyright. Topic categories this year are medical technologies, therapeutics, and physical sciences. Once selected, participants receive a field-specific mentor, regular mentor and cohort meetings, and access to networks that drive new entrepreneurial connections. Activities are primarily virtual, which allows for participation across the United States.

The deadline to apply is November 17, 2023. Participants will be announced in December, and virtual mentoring sessions begin in January 2024. This year’s program includes an in-person learning day in late April 2024. The program culminates in a virtual pitch event June 20, 2024. There’s lots of information on the Equalize website, and you can watch pitches from past competitions here.

Mentorship is a key cornerstone of the program. Each participant is matched with a mentor (or a pair of mentors) to meet with for six months and dig into the business idea. Participants will develop a pitch deck that they present at the competition to hundreds of entrepreneurs, investors, university tech transfer professionals, and supporters of university startups. In addition to the competition, participants gain connections and a knowledge toolkit about selling their ideas in the startup world.

Encourage academic women inventors that you know to apply to this excellent program!

Equalize Startups

Fuentek’s Sessions on EDI, Startups, P&T at #AUTM2023

Fuentek’s Sessions on EDI, Startups, P&T at #AUTM2023

Fuentek’s Sessions on EDI, Startups, P&T at #AUTM2023

Fuentek team members will join hundreds of technology transfer professionals next week in Austin for the AUTM 2023 Annual Meeting. Today’s post offers a preview of our four sessions and the tech transfer goodies we’ll have at Booth #110 in the Exhibit Hall. Before you leave for the meeting, check out our tips for navigating #AUTM2023. See you in Texas!

Programs to Improve Inventor Equity, Diversity, and Inclusion (EDI) (Monday, Feb. 20, at 1:45pm) 

Technology transfer offices (TTOs) are keen to make progress in achieving balanced representation in their tech transfer activities. In this session, we’ll discuss how to analyze and use innovator gender metrics to mitigate underrepresentation. You’ll get practical advice on selecting and implementing EDI-focused efforts. Fuentek President Laura Schoppe will moderate the discussion with panelists Alexandra de Paz of Northwestern University, Mandy Gettler of University of Oregon; and Maria Rahmany of Columbia Technology Ventures. This session is in Lone Star G, Level 3.

(left to right) Alexandra de Paz of Northwestern University, Mandy Gettler of University of Oregon, Maria Rahmany of Columbia Technology Ventures, and Fuentek’s Laura Schoppe

Roundtable: How to Collect Data to Understand Your University’s EDI Metrics (Monday, Feb. 20, at 3:45pm)

More and more TTOs are adding EDI data to their metrics. During this roundtable, we’ll consider various techniques for overcoming challenges associated with these forms of EDI-related data collection:

  • Obtaining data from human resources (HR) databases
  • Requesting gender, race, and other demographic data as part of the invention disclosure process
  • Inferring data based on an inventor’s name using the WIPO database

Fuentek’s Laura Schoppe, Forough Ghahramani of Edge, and Anne Hall of University of Minnesota will offer practical advice for collecting meaningful EDI data. This session is in 303/304. Level 3.

(left to right) Forough Ghahramani of Edge, Anne Hall of University of Minnesota, and Fuentek’s Laura Schoppe

Stack the Odds: Best Practices in Startup Policies (Tuesday, Feb. 21, at 10:45am)

Starting any company, including one based on university technology, is risky. Learn how to craft policies and licensing terms that stack the odds for success for both the licensee and the licensor while supporting and protecting inventors. Fuentek Vice President Becky Stoughton will moderate a discussion with panelists Sadhana Chitale of New York University−Langone Health, Colm Lawler of Boston Children’s Hospital, and Kirsten Leute of Osage University Partners.

They’ll explore techniques for establishing licensing terms, institutional investment policies, and conflict of interest management approaches that balance the needs of the startup with the interests and involvement of the institution. Kirsten will also share insights gained through helping to develop the recently released term sheet template for life science licensing deals developed by representatives from universities, venture capital, and law firms. This session is in Lone Star C, Level 3.

(left to right) Sadhana Chitale of New York University−Langone Health, Colm Lawler of Boston Children’s Hospital, Kirsten Leute of Osage University Partners, and Fuentek’s Becky Stoughton

Progress in Implementing Innovation and Entrepreneurship Criteria into Promotions and Tenure (Wednesday, Feb. 22, at 1:00pm)

The Promotion and Tenure Innovation and Entrepreneurship (PTIE) Coalition is pursuing a more inclusive assessment of scholarship and creative activity. The goal is to better recognize and reward innovation and entrepreneurship in promotion and tenure decisions. Fuentek’s Marisa Naughton will moderate a panel discussion with Almesha Campbell of Jackson State University, Rich Carter of Oregon State University, and Christine Wildes of University of Kentucky. They’ll review successes, metrics for tracking progress, and lessons learned from multiple institutions that are implementing PTIE recommendations. This session is in Lone Star H, Level 3.

(left to right) Almesha Campbell of Jackson State University, Rich Carter of Oregon State University, Christine Wildes of University of Kentucky, and Fuentek’s Marisa Naughton

Visit Fuentek at Exhibit Hall Booth #110

Be sure to stop by Booth #110—located to the left of the Exhibit Hall entrance—to talk with our tech transfer experts about your TTO’s challenges or learn more about how we can cost-effectively complement your in-house capabilities. Joining me there will be Becky Stoughton, Catherine Ives and Marisa Naughton. In addition to our very fun and kid-friendly giveaway (hint: it’s Laura’s favorite toy and obsession), we’ll have these excellent handouts:

We’re also hiring. If you are a U.S. citizen (government contract requirement) and not planning to work at a university simultaneously (conflict of interest concerns), our high quality, virtual environment may be a great fit for you. Stop by so we can chat.

Our booth is open the same hours as the Exhibit Hall (Sunday at 6:00pm through Tuesday at 4:00pm), so drop by any time. You can schedule time with any of us through AUTM Connect, or contact us ahead of time to be sure to get your preferred time slot. For more about Fuentek, visit our website, download our brochure, or watch this short video.

Bring on the BBQ and country music! We’ll see you there!

How to Get the Most Out of AUTM’s 2023 Annual Meeting, Y’all

How to Get the Most Out of AUTM’s 2023 Annual Meeting, Y’all

How to Get the Most Out of AUTM’s 2023 Annual Meeting, Y’all

The AUTM 2023 Annual Meeting is February 19-22 in Austin, and we at Fuentek are excited to connect with tech transfer colleagues and engage with other leaders in our field. This year we are leading four sessions and will be in Booth #110 in the Exhibit Hall. Joining me will be Fuentek Vice President Becky Stoughton and tech transfer gurus Marisa Naughton and Catherine Ives.

›› Preview Fuentek’s session topics and goodies available at the booth

 

They say everything’s bigger in Texas, and the AUTM meeting is no exception. With 10 educational tracks, 90+ sessions, a packed exhibit hall, and multiple receptions and networking periods, the meeting can be overwhelming (in a good way!). Here’s my advice to help you get the most out of your time in Austin.

Plan Before You Go

The conference schedule is jam-packed with sessions and networking events. Take a bit of time before you arrive to make a plan so that you don’t waste precious time figuring out where to go next. Review the schedule ahead of time—there are detailed descriptions for each session and event. You can also view the schedule by tracks to identify sessions for your particular area of interest. The AUTM Connect meeting networking tool is a great way to create a personal schedule and keep you focused.

If this is your first meeting, be sure to attend the First-Time Attendee Briefing and Reception on Sunday, February 19, at 4:00pm, in Lone Star D, Level 3. This is an easy way to meet other first-timers and AUTM leaders. And wear the new member or first-time attendee ribbon on your badge! The tech transfer community is a friendly group, and people do their best to welcome and speak with attendees displaying this ribbon.

The Connect and Collaborate session is particularly valuable for universities. This is an afternoon-long event where industry representatives give short presentations on the technologies they are seeking. This event is Monday, February 20, in Lone Star E, Level 3. Part 1 begins at 1:45pm, and Part 2 is at 3:45pm. Check the conference schedule to see which companies are presenting in which session. If you have an innovation they need, they’ll want to talk with you during the reception, which is later that afternoon at 5:00pm in the Exhibit Hall.

Other excellent sessions (in addition to ours, of course) to add to your agenda are:

  • Fireside Chat on Sunday, February 19, at 5:30pm in the Grand Ballroom, Level 4. Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office, will discuss plans to incentivize and protect U.S. innovation and entrepreneurship.
  • Opening Plenary on Monday, February 20, at 8:00am in the Grand Ballroom, Level 4. In addition to insights from author and health care investor Marcus Whitney, this session offers an opportunity to see the AUTM leadership and learn what’s next for the organization.
  • The advocacy, equity, and societal impact track will focus on communicating tech transfer goals, roles, and successes. This includes legislative advocacy and equity, diversity, and inclusion (EDI) activities. Review the list of sessions here.

 

Grow Your Tech Transfer Staff

For a variety of reasons—new responsibilities for economic development and corporate engagement, pandemic-related staff shortages—many technology transfer offices (TTOs) are looking to hire quality talent. (We are too, and we’re 100% virtual!) Be sure to check out the AUTM Foundation booth (#405) in the exhibit hall to speak with AUTM Fellows attending the meeting. This group of young professionals is part of the AUTM Foundation’s training program for gaining practical tech transfer experience. You might find a terrific addition to your team.

Staffing shortages often lead to backlogs of invention disclosures, which can snowball and lead to higher patenting costs and staff burnout. The staffing shortage trend is not likely to dissipate quickly, so you’ll want to get ahead of it. We recommend that you be proactive and clean out your backlogs so that your new hires aren’t overwhelmed right out of the gate. And be sure to triage new inventions effectively to avoid adding to the backlog. (We can help. Stop by Booth #110 to discuss how.)

Maximize Your Professional Development

Take advantage of the chance to hear from experts in our field about all aspects of tech transfer. You’ll have access to recordings of every session for a year after the meeting—including the ones you couldn’t attend—so don’t worry about trying to be in two or three places at once. In addition to the nearly 100 educational sessions included in conference registration, there are add-on courses on marketing, startup, valuation, and negotiation on Sunday, February 19.

Use AUTM Connect

The AUTM Connect tool lets you create a personal schedule that includes conference sessions and other events as well as schedule one-on-one and small-group meetings that you can book through the tool. Download the app to your mobile devices to set up a profile, access the program, find other attendees, send and receive messages, schedule your own meetings, and more. Here are AUTM’s tips for using this tool, and if you still have questions, stop by the AUTM Connect Help Desk, located in Lone Star East Foyer, Level 3.

Prepare to Network

This meeting offers lots of chances to network, so advance planning will be particularly helpful. Consider these tips:

  • Schedule meetings with organizations and individuals that align with what you have to offer.
  • Think ahead about the information that will be the most important to the people you’ll speak with. For example, what are the relevant aspects of your technology portfolio or research capabilities?
  • Plan how you will introduce yourself and your organization.
  • Practice your pitch to keep the conversation concise and interesting.
  • Bring business cards just in case as not everyone is ready to go 100% electronic. (I still like writing notes on the back of someone’s card to remember their key ideas.) If you want to go paperless, consider adding a QR code sticker to your badge with your contact information (that’s what we’re doing this year).

Review the Exhibitor List

Review the exhibitor list before you arrive and identify those you have a particular interest in so you can make the best use of your time in the Exhibit Hall. Prioritize your list to focus on the ones who are the best match for your technology portfolio and/or needs, but don’t be shy about just wandering through to see which exhibitors catch your eye (or have fun giveaways). Remember to visit Fuentek in Booth #110, located just to the left of the Exhibit Hall entrance!

Have Fun!

The AUTM annual meeting is an opportunity to spend time with and learn from like-minded tech transfer nerds for a few days. Enjoy it! AUTM has put together this excellent guide to Austin. (We’re looking forward to the fun eats, music, and nightlife!) A heads-up that the Austin Marathon is Sunday, February 19, and begins just steps from the conference hotel; if you’re not running with Team AUTM (donations benefit the AUTM Foundation), be prepared for the crowd of runners and their supporters as you arrive for the meeting.

Y’all stop by Booth #110 and say hello! We’ll be doing our part all conference long to ‘Keep Austin Weird’!

Tips for Writing a Winning Award Submission

Tips for Writing a Winning Award Submission

Tips for Writing a Winning Award Submission

In my previous post, I discussed the considerations and benefits that come with applying for innovation and technology transfer awards. Here, I’ll discuss key writing tips to employ when you craft an award submission that will set you apart from other nominees.

With much experience successfully writing awards for Oak Ridge National Laboratory and other federal labs, the Fuentek team has developed an efficient and effective process. A central piece of our strategy is using strong writing techniques to showcase the nominee.

Last year, I was part of a Federal Laboratory Consortium for Technology Transfer (FLC) webinar where I shared tips on how to put together a winning award submission. (The FLC awards annually recognize the federal labs and professionals that represent the best in technology transfer for the benefit of society and national security.)

To put together a winning submission, it’s important to write the nomination in a compelling way that not only addresses all the evaluation criteria but clearly and effectively showcases the exceptional work of the organization/nominee(s). Following these four writing tips will allow you to hold the attention of the judges.

Title

The title sets the stage and grabs the attention of the judges. Rather than simply presenting facts, focus on the excellence and/or impact. Consider the example I shared in the webinar:

  • Before (fact-based): ORNL’s Exclusive Licensing of Method for Manufacturing of Refractory Heat Exchangers and Other Fluidics Component to Ultra Safe Nuclear Corporation​
  • After (outcome-focused): 3D-Printed SiC Technology Brings Zero-Carbon Energy Production to U.S. ​

Use of Subheads

Using subheads is a great way to guide the judges through the story you’re telling and show them that you’re hitting all the criteria. Second-level subheads hammer home the key messages such that they jump right off the page. Subheads also help break up long sections and make the text easier to read—a good idea considering yours isn’t the only nomination the judges have to review.

Technology Listings in Various Formats

Effective Use of Bullets

Bullets are another excellent way to enhance the readability of your submission. While a paragraph may be well written, using bullets can help clarify the story. They can focus attention on the key benefits of the technology, important actions nominees took to contribute to success, and valuable outcomes that are worthy of award recognition. Also, the judicious use of bolding can help tell the story in a clear and compelling way without affecting the word count (since most awards limit the number of words in the submission narrative).

Technology Listings in Various Formats

Tone and Language

Finally, it’s important to emphasize excellence within the tone and language you use in the award nomination. Highlight the experience and expertise of the people involved. Use specific action words to speak to all that went into excellence in technology transfer: streamlining, working efficiently, making changes, mitigating risks, etc. Taking this kind of approach in your writing and using this tone is key to preparing a successful award submission.

Technology Listings in Various Formats

And Don’t Forget About Process

What I’ve learned from my years of experience is that success in applying for awards not only requires strong writers but also a solid process. Ahead of applying, read through the forms and see what the questions are, what is required, and how points are distributed so you know where your efforts should be concentrated. Complete drafts as early as you can to build in adequate time for internal reviews.

Check out my previous post for other recommendations for successful award applications. Then contact Fuentek to discuss how you can benefit from our experienced writers.

5 Tips for Applying for NASA SBIR/STTR Funding

5 Tips for Applying for NASA SBIR/STTR Funding

5 Tips for Applying for NASA SBIR/STTR Funding

Right now, small businesses are preparing proposals in response to NASA’s 2023 SBIR/STTR solicitations (SBIR = Small Business Innovation Research; STTR = Small Business Technology Transfer). SBIR/STTR allows U.S. companies with fewer than 500 employees to pursue their innovative R&D while answering the federal government’s interests.

Today’s post offers some valuable advice to those preparing SBIR/STTR proposals, which are due to NASA by March 13 at 5:00 pm EST.

Tip 1: Focus Primarily on the Subtopic

Both the SBIR and the STTR solicitations group NASA’s many subtopics into nearly two dozen focus areas, all of which are described in Chapter 9. As you write your proposal, focus on the subtopic as your priority. It is critically important that the proposal be closely aligned with the subtopic, particularly the “State of the Art and Critical Gaps” and the “Relevance/Science Traceability” sections. Make sure you have fully covered the subtopic before discussing the broader focus area.

BTW, you can submit more than one proposal to NASA, but each response must be unique. NASA cannot fund duplicate work. Submitting two proposals for two different technologies is fine, but keep in mind that listing the same PI in both will raise concerns of time management and commitment to both projects’ success. Check out NASA’s Dissecting the Solicitations Webinar for more helpful tips. 

Tip 2: Read Chapters 1–8 of the Solicitation Very Carefully

If you’re new to government proposals, the solicitation book may be intimidating. With all the acronyms, it might feel like you are swimming in alphabet soup. But don’t give up. Read the entire solicitation document to ensure you abide by all the requirements. (Obviously, you don’t have to read subtopics and focus areas in Chapter 9 that aren’t your focus.)

Tip 3: Start the Required Registrations ASAP

In order to submit an SBIR/STTR proposal to NASA, you must have registered with the System for Award Management at SAM.gov and received a Unique Entity ID (UEI). Additionally, you will need to register with the Small Business Administration (SBA) Firm Registry (https://www.sbir.gov/registration).

You will submit your proposal through NASA’s Submissions Electronic Handbook (EHB), preferably using the Google Chrome web browser. There are certifications, including but not limited to, the Firm Certification, Proposal Certification and Life Cycle Certification that must be completed in the EHB for the Phase I application.

Don’t save these registrations for the end. Start on them now.

Tip 4: Request TABA Funding

Technical and Business Assistance (TABA) funding is a supplement to the R&D effort. For Phase I, awardees can receive up to $6,500 in additional TABA funding to hire a qualified third-party vendor, such as Fuentek, for assistance. Leveraging TABA allows your team to focus on the R&D that needs to be accomplished during the 6 or 13 months of the SBIR or STTR Phase I, respectively.

TABA funds can be used to understand market and intellectual property (IP) issues as well as to strengthen the commercialization portion of the Phase II proposal, which is due at the end of Phase I. Check out this blog post for more information about TABA.

According to NASA, few firms take advantage of the TABA resource, so don’t miss out on this opportunity. Include your request for the TABA supplement in your Phase I proposal and consider using Fuentek as your TABA vendor. With extensive NASA experience, we’re well positioned to be a valuable partner.

Tip 5: Don’t Wait Until the Last Minute to Submit Your Proposal

According to NASA, most firms wait until the due date to submit their forms. This is extremely risky. Bandwidth limitations, slow Internet uploads, and an untimely server refresh can prevent on-time proposal submission. And there are no extensions or late submissions allowed.

But you can submit early and make changes up until the deadline; you just have to complete your endorsement and certify resubmission after any changes have been made.

Why Even Apply for SBIR/STTR Funding?

One major advantage of the SBIR/STTR program is that the funds are non-dilutive. That is, unlike other investors, NASA doesn’t take a stake in the company when awarding SBIR/STTR funding. For the small business owner, that is a big plus. So, if your firm specializes in innovative, disruptive technologies and you haven’t pursued SBIR/STTR funding—for NASA or other agencies—you should definitely look into it. For more information, contact the Small Business Administration at https://www.sbir.gov/.