About the Program

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.

Startup Development Services

  • Incorporation of startups and setting up of Stock Option Plans in exchange for a small amount of equity compensation
  • 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

Program Components

1

DISCOVERING corporate-aligned startups for NCET2 Fortune 500 Corporate Members

  • Using Corporate Needs Lists (wish lists) that describe the corporateā€™s business needs and technology interest areas
  • From university startups, angel portfolios, and state funding organizations
  • We package, review, and present startups through Virtual Startup Pitches to corporates for corporate investment and strategic partnership
2

DEVELOPING startups with Fortune 500 corporate interest through NCET2 Startup Development Officers (SDOs)

  • Usually startups are too early so development is needed to align to corporates
  • SDOs develop startups with milestones from corporates to guide startup development
  • Aligning startups to corporate exits and strategic partnerships
  • SDOs are former Fortune 500 open innovation and venture executives, active angel investors, serial entrepreneurs, startup attorneys with extensive knowledge and experience in startup development
3

FUNDING corporate-aligned startups through the National Angels Group and our Investment Banker Fund

  • Specifically created to invest in corporate-aligned startups that NCET2 develops through the Corporate-Startup Development Program

Apply to the Program

Eligibility
  • Open to startups and entrepreneurs located in the US
  • Startups need not be incorporated or be legally existing to apply
  • Researchers, university faculty, students, and first-time or novice entrepreneurs that would like to start a company around a particular technology may also apply
  • We accept startups from all technical areas with technologies/IP that is research-based (ex: startups with university IP) and has commercial applications. You may also visit our existing Corporate Needs Lists to see what our corporate members are currently looking for. See here
Submission
  • Submit information about your startup. Submit here
  • Startups will be screened by Fortune 500 corporates and SDO's in Virtual Startup Pitches for scoring and feedback
  • Startups that receive Fortune 500 corporate and SDO interest will go through a final interview to be admitted to the Corporate-Startup Development Program