The Journey to Impact: Researching the Power of Molecules to Drive Life

Many of our researchers and faculty at BU are doing work to make real change in the world. As part of our series of discussions with faculty innovators, I speak with Professor Ji-Xin Cheng, Moustakas Chair Professor in Photonics and Optoelectronics and Professor of Biomedical Engineering (ENG). Professor Cheng’s research pursues a wide range of topics, including […]

The Journey to Impact: Funding to Consider: SBIR Grants

As part of our ongoing work to inform this community about potential pathways to commercialize ideas and inventions, today I’m writing about SBIR grants. SBIR stands for Small Business Innovation Research. This program is government-sponsored and supports the research and development of inventions and future products across the United States. The reason to consider this […]

The Innovator’s Quarterly: How BU’s NEIDL Increased Industry Support Fourfold

November 2021 | News from BU Industry Engagement and Technology Development Spotlight Microbiologist Robert Davey and his team research the novel coronavirus wearing full biocontainment suits in the highest possible containment setting, the Biosafety Level 4 lab at BU’s National Emerging Infectious Diseases Laboratories (NEIDL). How BU’s NEIDL Increased Industry Support Four-Fold In 2020, NEIDL […]

Journey to Impact: Advice and Entrepreneurship

An entrepreneur friend called me recently to ask for my advice. She started a company two years ago, on her own. It’s growing, fast. She needs cash to meet demand. She found a group of Angel investors, knowledgeable in her field and wanting to invest $XXX,000. They want YY% of the company, but she wants to give away only ZZ% of the company (where Z

The Journey to Impact: SRAs and Commercialization have a Misrepresented Relationship

The Journey to Impact is a monthly blog featuring insights from Rana K. Gupta, Director of Faculty Entrepreneurship at Boston University. He helps BU researchers bring technology and other research breakthroughs to the marketplace to increase their impact through programs and workshops, one-on-one consulting with faculty, educational resources, and community building among BU innovators. Email Rana […]

The Journey to Impact: Equity Investors and Updates

This fall we launched a new program titled “Invasion of the Equity Investors.” I specifically named the investors “equity investors” to ensure there’s no mistake about the nature of the transaction in the offing. Equity investors (Angels and venture capitalists) purchase shares in your company in return for cash. The ‘”invasion” was chosen to attract attention, or perhaps make you smile. They are one source of funding. There are many, many additional and alternative forms of funding besides equity (click here for a posted presentation on the subject), but that’s a conversation for another day. We had three investors scheduled thus far this semester. One more will listen to pitches on November 4. We’ll be inviting more next semester.

Journey to Impact: New Resources, Events, and Opportunities

Here’s a misunderstood word: commercialization. The University of Pittsburgh offers a straightforward definition: “Commercialization is the process by which a new product or service is introduced into the general market.” That’s it. Too often, commercialization is misunderstood to mean “sales and marketing.” Those tasks are components of commercialization; they are not synonymous with the word. I suppose it’s because commerce is the root of commercialization so people’s minds go right to the transaction side of business (sales and marketing).

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