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The Deshpande Center, in conjuction with the MIT Venture Capital
and Private Equity Club and MIT TechLink, introduced something
new at IdeaStream on April 8. By popular demand from both the business
and MIT communities, we are providing a unique opportunity for
MIT
researchers to pitch their innovative technology ideas to venture
capitalists and successful entrepreneurs at our annual IdeaStream
Symposium.
The Innovation Showcase™ is a great way for early-stage
ideas to get market feedback at the research stage and without writing
a full business plan. Participants get visibility for their
work, make connections, and get real-world feedback on how they
might be able to commercialize their ideas.
View this year's Innovation Showcase projects.
Three breakout sessions in the afternoon of the
symposium feature 4-6 technology ideas selected from a pool of
applicants from the MIT research community. The short (10 minute)
presentations focus on both the technology and the potential
commercial impact of the technology. After the breakout sessions,
a 45-minute networking break enables presenters to present
a poster and share ideas with our distinguished attendees.
A submission timeline for next year's Innovation Showcase will be posted in early 2005.
We ask MIT faculty and students to submit their ideas electronically.
The presenters are selected by a panel
of experts and notified a few weeks before IdeaStream. The application
form is available now for downloading.
Applications must be submitted by a faculty member, research
staff, or student for a technology-based idea conceived while
doing research
at MIT. We do not require a full business plan or a finished
product; this program is appropriate for both early- and late-stage innovations.
However, the more thought-out the business model and more advanced
the proof of concept, the more likely the idea will be selected.
The Innovation Showcase constitutes a public disclosure that could
be a bar to future patenting. Please do not disclose enabling or
proprietary information on the application or when giving your presentation,
unless a patent application has already been filed. Note that the
MIT Technology Licensing Office can help you determine your intellectual
property (IP) strategy, how to protect your idea, and determine
what you can disclose publicly while still protecting your patent
rights. Please take the necessary measures to protect your IP.
Sessions co-hosted by MIT VCPE and MIT
TechLink
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