The Springboard Experience: Launching Technology Through Entrepreneurship
Springboard provides free assistance for life sciences & high tech companies in all stages of development, including concept, start-up, challenge and opportunity. Entrepreneurs accepted into the program spend 3 to 8 weeks in coaching sessions with one of CONNECT’s Entrepreneurs in Residence. 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 will usually include a venture capitalist, seasoned entrepreneur with domain expertise, accountant, corporate and patent attorneys, marketing professional, and an executive from a successful company in the same industry. Experts will also be drawn from insurance, real estate, human resources, and other areas as needed. The panel of experts is tailored to the individual needs of each company. 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.