RISE-UP Patents2Products
WHAT IS PATENTS2PRODUCTS?
P2P is a year-round fellowship program that hires entrepreneurial research trainees, known as Innovation & Entrepreneurship (I&E) Fellows. I&E Fellows will be coached using theoretical & applied entrepreneurship modules and ultimately acquire the necessary tool kit and receive expert mentoring for launching a successful startup venture. Utilizing intellectual property to include those developed and/or patented at URI, I&E Fellows will be transforming great ideas into successful products, services, and companies that are focused on dual use solutions.
Learning outcomes will deliver knowledge on how to manage internal and external stakeholders, investigate the commercial landscape, and especially develop a viable business model. Fellows will receive management and public relations training in effective communication for the exchange of ideas, thought-leadership strategies, and enhancing interpersonal dynamics.
URI affiliated entrepreneurs will provide fellows with venture mentorship and guidance on preparing pitch decks as well as coaching on strategies to raise capital. Coaching will involve collaborative research funding & seed funding challenges, SBIR/STTR application assistance and other startup related challenges.
Fellows will require a faculty sponsor and will select one of two possible tracks.
TRACK 1 "LAB"
I&E Fellows that wish to work in lab research groups with existing institutional intellectual property in product-development will select Track 1 – Lab.
Fellows that do not have a developed business model or minimum viable product are encouraged to select this track.
TRACK 2 " INDUSTRY"
To build entrepreneurial skills, I&E Fellows that wish to work on research assignments with real-world entrepreneurs of URI-affiliated companies in product development will select Track 2 – Industry.
The outcome of Track 1 is focused on the translation of early-stage technologies to high-growth companies.
BUSINESS & TECH TRAINING
Intellectual Property Modules
Technology Transfer Proficiency
Lean Startup Workshops
Business Development Training
Research Mentorship FUNDING & STIPEND
Year long position with Stipend
Fully Funded Supplies & Equipment
Lab Facilities & Working Spaces
Long-term Funding & Venture opportunities NETWORKING & MENTORSHIP
Industry Mentorship
Ongoing Coaching
Corporate Partners & Advisors
R&D collaboration opportunities Who should apply?
If you are looking to start a business by ideating and/or utilizing potential and/or patented intellectual property, Patents2Products is a viable and effective match for you. P2P offers a fully funded position for research entrepreneurs in training aspiring to start their successful startups. The curriculum for the program will be tailored around the fellow’s experience, startup opportunity and research area.
If you are unsure about the program and need more information, do not hesitate to reach out!
Erik Brine
Director of Defense R&D Initiatives and Operations
erik_brine@uri.edu
Pete Rumsey
Program Executive
peter_rumsey@uri.edu
Ancita Sherel
Program Manager
asherel@401techbridge.org
Joe Loberti
Consultant
jloberti@401techbridge.org
Linda Larsen
Operations Manager
llarsen@401techbridge.org
Rebecca Chung
Associate Director (Office of Innovation & Commercialization)
University of Hawai’i
Special thanks
The URIRF RISE-UP team would like to extend our gratitude to Rebecca Chung, Associate Director (Office of Innovation & Commercialization), at the University of Hawai’i for her vision in designing the Patents2Products Program and her generous guidance throughout the launch of this program at the University of Rhode Island.
Special thanks to our all our partners and teammates at the University of Alaska Fairbanks and University of Hawai’i who have collaborated with us over months to make this project a success.