Keystone: Technology & Life Sciences Entrepreneurship Bootcamp

5/14

Open to the public

Introducing the Technology & Life Sciences Entrepreneurs Bootcamp, an exclusive one-day program designed for those in the process of – or considering – starting a new venture. Get practical information on the legal and business issues facing today’s entrepreneurs.

Presented by Wilson Sonsini Goodrich & Rosati, Silicon Valley’s premier legal advisor, with the support and cooperation of the University of Chicago School of Law, Chicago Innovation Exchange, UChicagoTech Center for Technology Development & Ventures, Chicago Booth’s Polksy Center for Entrepreneurship and Innovation and Social Enterprise Initiative.

This event is part of the UChicago Innovation Fest, a three week long opportunity to discover and celebrate the increasing presence of innovation, exciting new research, and entrepreneurship across campus.  The UChicago Innovation Fest runs from May 12, 2016 to June 2, 2016.  More information can be found at http://innovationfest.uchicago.edu/.

This event is free but space is limited. The deadline to register is May 13, 2016 at 3:00p.m.

Please register for the event here: https://law-entrepreneurship-bootcamp.eventbrite.com.

Schedule:

11:30 a.m.                           

Registration & Networking

12:00 p.m.                          

Overview/Trends and Forming and Organizing the Start-up & Founders Stock

Our presenter will provide an overview of the start-up process and financing trends of new entrepreneurial ventures. Then, we will explore (i) some of the early decisions related to formation of the start-up entity, including timing, documents, and choice of entity and (ii) strategies for allocation of founders’ stock and composition of the board of directors.      

1:00 p.m.                            

Networking Lunch          

1:45 p.m.                            

Intellectual Property (Patents and Licensing),  Guest Speaker: Margaret Fleetwood, Project Manager, UChicagoTech

The presenter will discuss the importance of developing an IP strategy that fits the business, and the relationship between IP protection and the commercialization objectives of your business.

3:15 p.m.                            

Business Plans, Fundraising, Valuation & Term Sheets

This session will include a discussion of how to organize the business plan as a critical planning tool and provide practical guidance for preparing an executive summary, including financial projections and budgets. We will also explore strategies for approaching the investment community and understanding alternative sources of funding. Then, we will examine the methods commonly used to determine a company’s valuation and address how investors utilize them to value early-stage companies and technology projects. The speaker will help you understand investor expectations, including board seats, liquidity, registration rights, and non-compete agreements, and discuss key provisions to include in term sheets and negotiation strategies for achieving the best-case investment scenario.

4:15 p.m.                              

BREAK

4:30 p.m.                            

Case Studies  

The speaker will present case studies of 2 real-life start-ups as examples of lessons learned.

5:00 p.m.                           

Moderated Panel  

Listen to a panel of Chicago entrepreneurs and VCs as they talk about the journey from idea to innovation, all the way to realization.

6:00 p.m.                            

Networking Reception