Building a Team

The management team of a successful startup is initially comprised of a business leader and a technology leader (at a minimum) to guide the formation, financing, and operation of the new venture. The faculty member who created the innovation, or another technology expert such as a post-doctoral or graduate student, is frequently chosen as the technology leader. Together the individuals who fill these two critical roles will help move the venture from innovative idea into enterprise-level execution

The Venture Development team in the Keenan Center works to find and recruit a business leader with relevant expertise, domain experience, and networks in the technology and/or market. The business leader is responsible for filing the incorporation documents, negotiating the technology licensing agreement, preparing a business plan, recruiting additional talent, gathering resources, and raising capital for the startup.