When: May 28 through May 31, 2008, 8 am - 5 pm each day

Where: Portland State Business Accelerator, 2828 SW Corbett Ave., Portland

Advanced Invention to Venture (AI2V) is a proven new venture accelerator that has been taught around the country. It is designed for new technology ventures that are in the process of going to market. The program is provided by the National Collegiate Inventors and Innovators Alliance under grants from two entrepreneurship organizations, the Lemelson Foundation and Kaufmann Foundation.

Designed for New Venture Teams that are taking a product to market

• For those who already have a plan, either written or in your head
  
• Hands-on exercises and tools help you identify and fill gaps in your plan's data, analysis and strategy
• Focuses on how to successfully implement the new venture rather than on how to write a business plan.
• Proven system that can be applied to any technology venture
  
• Top-down and bottom-up financial planning for entrepreneurs, focusing on the most important line in your business
  
• Not venture capital-centric--explores how to develop financing from customers, suppliers, angels, partners and other investors
• Helps you create and fine-tune a 15-minute pitch about your new venture that can be easily tailored to any presentation you will make -- whether to investors, strategic partners, customers or other stakeholders
• AI2V PROGRAM DETAILS
  

Workshop Costs:

• PSBA Resident Companies: $500 per team
• University Student Teams: $500 per team
  
• PSBA partner organizations (members of PSU, OEN, or SAO): $750 per team
• Other Startup Teams (pre-revenue): $1,000 per team
• Small Business (revenue of under $1 m in sales): $2,000 per team
• Corporate Venture: $5,000 per team

Here is what past participants say about AI2V workshop:

"This intensive workshop taught me what I needed to know to take my invention and turn it into a viable business venture. The hands-on activities were greatly enhanced by the professionalism, personality, knowledge and experience of the instructor Sharon Ballard. "

David Ermer, CEO, Opti-MS

"AI2V helped everyone on my small team learn how to quantify our business practices and the net result is a much stronger and more dynamic business. The step-by-step approach allowed me to quickly rethink and rebuild our business plan and then practice our investor pitch in front of other entrepreneurs and real investors. All of this occurred in the span of four days rather than an agonizing and disrupted several months."

Chris Dawson, CEO, Box Populi

To apply:

1. Login at NCIIA login. If you do not yet have an NCIIA account, follow the instructions to create one.
2. After logging in, follow the link for “Grants and Competitions.”
3. Choose “Advanced Invention to Venture,” and start a new application.
4. Complete the online application. You can return to it as often as you like—be
   

   sure to SAVE at the end of each session. When you are ready, click the SUBMIT button. You should receive an automated notification e-mail message when your application has been successfully sub-mitted. If you need assistance, call (413) 587-2172 or e-mail info@nciia.org.

About Our Sponsor
NCIIA's Advanced Invention to Venture (AI2V) workshop is a highly successful venture accelerator that puts new venture teams through a vigorous workshop to support commercialization of their technology innovation. Workshops are held across the country. Team members (usually 2-4 individuals representing a venture) participate in this intensive workshop which provides training in critical analysis tools, coaching, and lots of feedback, followed by eight weeks of ongoing strategy sessions and coaching. The outcome is a well-planned commercialization strategy and a well-practiced pitch. For more information, visit AI2V.

Partner organizations: