Entrepreneurship Workshop for Scientists and Engineers
Durban, South Africa
(Draft Programme Version 8)
Date: May 20-24, 2013
Day 1: Monday, 20/5/2013 Session Chairs: Morning: Dipali Bhatt-Chauhan Afternoon: Francesco P.
| Time | Subject | Speaker |
| 8:30 - 9:30 | Registration | |
|
9:30 – 10:00 10:00 – 10:45 |
Welcome Remarks Brief introduction of speakers and organizers Workshop Objectives “Speed-Networking” Exercise Assignment of Project Groups |
Mr B Masara South African Institute of Physics Dr Beth Taylor Institute of Physics United Kingdom Ms Cristina Pinto Chief Director: Innovation Planning and Instruments. (Department of Science & Technology SA) Dipali Bhatt-Chauhan, Surya Raghu, Richard Brooks |
| 10:45-11:00 | Coffee Break | |
| 11:00-12:00 | Scientists and Engineers as Inventors and Entrepreneurs | Dawood Parker |
|
12:00 -1:00 |
Opportunities and Barriers for Commercialization in the region |
S. African S&T and Commerce Dept or Economic Development Officials, Chamber of Commerce, Nelisha Naidoo (TIA), Tony Bunn, Neville Comins, Mkhetwa Maluleke, UKZN Inqubate Moderator: David Secher (?) |
| 1:00- 2:00 | Lunch Break | |
| 2:00 – 3:00 | Presentation Skills for Entrepreneurs/Pitching for Cash | Beth Taylor/Richard Brooks |
| 3:00 – 4:00 | Making a business case of an idea – a classroom exercise, introduction to sales price and gross margin, a worked example and introduction to group project |
Richard Brooks |
| 4:00 - 4:30 | Coffee Break | |
| 4:30 – 6:00 |
Group Project Part 1 1. Product 2. Business Model 3. Market Size 4. Management team 5. Business Overview |
All Speakers |
| 6:00 – 6:15 | Wrap-up for the Day 1 and example video of group project |
Surya Raghu Dipali Bhatt-Chauhan |
Day 2: Tuesday, May 21, 2013 Session Chairs: Morning: Katherine Himes
Afternoon: Beth Taylor
| Time | Subject | Speaker |
| 8:30 – 9:30 | Technology Forecasting and Opportunity Assessment | Surya Raghu |
| 9:30 – 11:00 | Financial terminology including financial forecast apps, Business Plan Fundamentals, Return on Investment and Valuation | Richard Brooks |
| 11:00 – 11:30 | Coffee Break | |
| 11:30 – 12:30 |
Concept of intellectual property and its significance for starting a high-tech company IP: Patents, trade secrets and trademarks Who is the inventor and who is not? Who owns the rights to an invention – you or your organization/company? Publications vs. patents. |
Yumiko Hamano |
| 12:30 – 2:00 | Lunch Break, Group Photo | |
|
2:00 – 3:00 |
Classroom exercise on patenting an idea | Yumiko Hamano/Raghu |
|
3:00 – 4:00 |
The South African Patent Office and Patent Filing Procedures | Vishen Pillay (Adamsadams), S. Africa |
| 4:00 – 4:15 | Coffee Break | |
| 4:15 – 5:30 | Classroom exercise on commercializing an idea | Richard Brooks and Dawood Parker |
| 5:30 - 6:15 |
Group Project Part 2 1. IP evaluation and IP strategy 2. Financial Overview 3. Estimating Potential Gross Margin. |
All speakers, participants |
| 6:15 – 6:30 | Wrap-up for the Day 2 | Dipali Bhatt-Chauhan and S. Raghu |
Day 3: Wednesday May 22, 2013 Session Chairs: Morning: Dawood Parker Afternoon: Richard Brooks
| Time | Subject | Speaker |
|
8:30 – 9:45 |
Commercializing your innovation - Decision to form your own start-up, license or sell your technology? How does a single inventor/university team/small company make these decisions? Who is the customer? How viable is the technology and how receptive is the market? |
Tony Bunn |
| 9:45 – 11:00 | Taking the inventions to market –Evaluating the Technology Readiness Level (TRL) of an invention for commercialization, processes involved and estimates of time required to develop a product from an invention. |
Surya Raghu |
| 11:00-11:15 | Coffee Break | |
| 11:15– 12.15 |
Start-up financing options for entrepreneurs in S. Africa |
Nelisha Naidoo (TIA) |
| 12:15–1:30 | Lunch Break | |
| 1:30 –2:30 | Inventions to start-ups – some best practices and what experience can be translated to developing countries | David Secher |
|
2:30 –3:30 |
Expectations of Funders (Angel investors and VCs) in South Africa for investing in Hi-Tech Start-Ups" | Stephan J Lamprecht |
| 3:30–3:45 | Coffee Break | |
| 3:45 –4:45 |
Legal Documents for Entrepreneurs |
Dawood Parker |
| 4:45-5:45 |
Group Project Part 3 Competition Analysis Barriers to Entry Strategic Relationships Forecasting costs and cash requirement, time to market and breakeven, Return on Investment |
All speakers and participants |
| 5:45-6:00 | Wrap-up for the Day 3 | Dipali Bhatt-Chauhan and S. Raghu |
Day 4: Thursday, May 23, 2013 Session Chairs: Morning: Malik Maaza (?)
Afternoon: Tony Bunn
| Time | Subject | Speaker |
| 9:00-10:00 | Importance of Marketing | Tony Bunn |
| 10:15-10:30 | Coffee Break | |
| 10:30–11:30 | Where do you go for cash for your start-up? | Richard Brooks |
| 11:30-12:30 | Lessons from start-ups and spin-offs | Abdul Mirza, Tony Bunn |
| 12:30 – 2:00 | Lunch Break | |
| 2:00-3:00 | Lessons from start-ups and spin-offs | Dawood Parker, Prof Willem Clarke, CEO of Resolution Circle |
|
3:00-4:00 |
Introducing Entrepreneurship and Business skills in Science Curriculum | Dipali Bhatt-Chauhan and S. Raghu |
| 4:00-4:30 | Coffee Break | |
| 4:30 – 6:00 | Group Project Part 4 Complete the 10-minute pitch and practice for Friday’s presentation using guidelines provided. | All speakers available for consultation on projects |
Day 5: Friday, May 24, 2013
| Time | Subject | Speaker |
| 09:00 – 10:00 |
Upload business-pitch presentationsDetermine order of presentationsIntroduction to rules of presentationsIntroduction to the panel of judges |
Panel: All Speakers, K. Himes and Local industry, business and funding representatives Chair: Richard Brooks |
| 10:00 – 11.20 | Session 1, Groups 1, 2, 3, 4 | Chair: TBD |
| 11:20 –11:40 | Coffee Break | |
| 11:40 –13:00 | Session 2, Groups 5, 6, 7,8 | Chair: TBD |
| 13:00 –14:30 | Lunch Break | |
| 14:30 –15:30 |
Feedback to the participants on their business pitch Feedback from participants to the organizers (written and informal) |
All panelists: Moderator: Richard Brooks All participants Moderator: Surya Raghu |
| 15:30-16:00 |
Concluding Remarks Distribution of Certificates after handing out the written evaluations. |
Malik Maaza, Beth Taylor Dipali Bhatt-Chauhan Surya Raghu Brian Masara |
