Startups and corporates each play significant roles in research commercialization and innovation. Startups are nimble enough to commercialize research, do product testing and market testing. And it is for this reason that corporates look to startups for innovations and new products. Corporates possess the resources to do the scale-up, marketing, manufacturing, distribution, and sales around the world. However, it is often the case that startups are considered too early because they do not have the proper corporate and business structure, do not have a complete team in place, or have not reached the point of derisking the technology.

The Corporate-Startup Development Program is an approach to develop startups that are too early for corporate engagement

Under this program, NCET2 works with its corporate membership to discover and identify startups that are aligned to their respective corporate business units. Startups that are considered too early for corporate engagement are developed by NCET2 and NCET2 Startup Development Officers through a number of Startup Development Services.

• Incorporation of startups
• Creation and maintenance of stock option plans
• Founders and employee agreements
• General legal services
• Provide Startup Development Officers (SDOs) to find team members and develop business
• Put startup through the Corporate-Startup Finders Program for sponsored research, licensing, joint venturing, and other strategic alliances
• Investor funding from our National Angel group