Assessing and Reporting Impact and Performance Metrics
Summary Event Held 8.23.17 Recap of 90-minute Community of Action Discussion on Impact Measures for Gap Funding Programs: Effect of gap funding on the technology commercialization process (process metrics, activity, econ dev, etc.) Ability of gap to attract outside commercial and investment interest (leveraged capital, licenses, community involvement, etc.) Quantifying the need for more attention […]
Raising and Sustaining Gap Funding Programs
Summary Event Held 11.16.17 Recap of 90-minute Community of Action Discussion on Raising and Sustaining Gap Funding Programs: Tactics to R&S funds from institutional support and coordination (royalties, equity, donor/alumni funds) Tactics to R&S funds from external support (government programs, foundations, co-investment with corporations/investors) Approaches to keep sources of funding engaged throughout the gap funding […]
Defining Gap Funding Approaches
Summary Event Held 7.26.17 Recap of 90-minute Community of Action Discussion on Defining Approaches to Gap Funding: Models/Structures of COA member programs, evolution from oneàmultiple fund programs Adopting common community language/definitions for fund types (Translational Research, Proof of Concept, Startup/Seed, etc.) Identifying nuances in approaches, needs and challenges (size/type of institution, location, tech area specific, […]
The Mind the Gap Report 2018
The Mind the Gap Report is a first-of-its-kind, all-in-one program development guide for current and aspiring gap fund managers that investigates 119 active translational research, proof of concept, startup, and venture funds at 75 universities and affiliated organizations. The Report includes 170 pages and 50+ charts and figures that covers all facets of gap funding.
The University Student Venture Fund Report
The University Student Venture Fund Report is an action-oriented roadmap for current and aspiring fund managers and interested public and private stakeholders, including state agencies, corporations, and investors as they develop and improve student venture funding programs.
Crowd the Gap: The University Crowdfunding Report
Crowdfunding is an emerging investment vehicle that may be better positioned to support the capital requirements of translational research, proof of concept projects, and early-stage start-ups than more traditional capital sources, like venture capital and angel investment.This report gathers the perspectives, insights, and attitudes from 45 universities as they relate to the adoption and evolution of university crowdfunding on their campuses.
Mind the Gap Summit: Attract External Investors to Gap Funded POC Projects and Startups
While just a small percentage of the total venture, corporate, angel activity, the role that early stage investors has and should play in the early development of research institution technologies and startups should not be discounted.
More than the capital itself, these investors and partners bring a wealth of market knowledge and networks of management talent and business connections. Research institutions can take advantage of this resource by strategically integrating investors and corporations into their operation, especially in evaluatory and advisory functions.
In this session, we will discuss how active relationship-building between research institutions and the investment and corporate community supports operations, orders startup priorities, and strategically directs limited development capital in the near-term, while setting up the possibility for later investment and commercial partnership.
Mind the Gap Summit: Secure and Sustain Gap Funding Support from Your State and Region
Over 30 states in the US and countless established and emerging innovation economies across the globe are actively supporting these funding programs. In our most recent survey, over 30% of all gap funding support came from these agencies and initiatives.
State, regional, and federal governments are a growing source of funding for translational research, proof of concept, and startup funding often in collaboration and support of opportunities stemming from research institutions. These initiatives are motivated by the promise of economic development, and business and talent development/attraction/retention.
Join us to take a look into these programs and here from both university-public gap funding partnerships to learn how to develop and expand on these collaborations
Mind the Gap Summit: Turn Alumni, Foundations, and Friends of the University into Gap Fund Investors
Donations, endowments, and direct investments from alumni, private foundations, and other stakeholders of the research institution into supporting gap funding programs, is the largest and growing source of proof of concept and startup funding programs. These friends of the university contribute over 50¢ on every dollar into the formation of these funds.
Proof of concept and startup gap funding programs embody the intersection between research institution innovation, societal benefit, and philanthropy. They offer a natural link to engage alumni, foundations, corporations, and friends of the universities.
These funds and programs require coordination between the Tech Commercialization Offices, Corporate & Foundation Relations , Development Offices, and Alumni Offices and are a great example of the emerging trend of campus-wide collaboration in innovation partnership and commercialization priorities.
Join us as we take a multi-perspective approach to how groups are best structuring their programs for philanthropic partnerships as a major source for innovation funding and support.
Mind the Gap Summit: Create and Manage a Startup Gap Fund
Startup Formation gap funds assist in the formational steps of spin-outs — even prior to becoming a legal entity. This gap fund type could be seen as a startup-focused extension of proof of concept funding that further develops the business application of the technology through market research, product development, business development, management, space, and equipment to attract third party interest and capital
These funds are primarily administered by the technology transfer office and associated venture centers. External public-private arrangements to support business creation are administered by sponsoring agency or through close collaboration with the research institution
Startup Growth gap funds invest in scaling and growing established spin-outs. Research institutions have created, spun out, or partnered with seed funds and accelerators, both public and private, to fill this void in early stage startup capital and to directly invest in their own startups. Some institutions are even beginning to invest in non-institution startups.
Centrally managed Startup Growth gap funds are limited based on the required capital. To overcome this challenge and mitigate risk, research institutions may partner with existing early stage venture firms or corporate investor groups