“The Business of Science” is a week-long intensive workshop to provide doctoral students and post doctoral fellows in the life sciences with a greater understanding of the regulatory and business milestones associated with business planning and entrepreneurship. A primary goal of the workshop is to provide graduate students and fellows with meaningful training in key business principles to future application to biomedical careers. The workshop is also designed to help graduate students understand how they can go from an idea to forming a company and selling a product. Trainees in the life sciences can benefit from an understanding of how a research discovery can be commercialized. We will also explore the 'Invent Penn State' infrastructure as part of the training.
Students can register for 1 credit of PHSIO 596 (Individual Studies) during the Maymester to receive academic credit for this experience, and the STAP (Summer Tuition Assistance Program - through your home department) mechanism can be utilized for this purpose.
Registration Deadline: April 28, 2018
The boot camp will run from Monday, May 14 to Friday, May 18, 2018. Following an introductory session, classes will run Monday to Friday from 8:00 am to 5:00 pm. There will be some advance preparatory work for the boot camp. Classes will be supplemented with panel discussions and video presentations by entrepreneurs so students get to see ideas in action. At the end of the week, student teams will be asked to begin working on analysis of an idea of their own. Students will also have the option to receive continued mentoring at the conclusion of the 1 week course, through the Intellectual Property Clinic. The target audience is doctoral students in life science departments at Penn State. Registration is required, on a first come basis, and advisors will be asked to verify that students will participate fully in all aspects of the 1 week course.
For more information, please contact Melissa Bailey ( firstname.lastname@example.org ). The workshop is associated with NIH T32 Training Program “Physiological Adaptations to Stress” directed by Dr. Donna Korzick (email@example.com ).
The bootcamp will be staffed by Penn State faculty and will feature the participation of several successful Penn State alumni who have been part of start-up companies. The Penn State faculty who will be involved include:
- Peter Whalen, ·Clinical Associate Professor of Entrepreneurship, Director of the Garber Center for Venture Capital
- Dan Cahoy, Professor of Business Law, Dean's Faculty Fellow in Business Law
- Rachel Harder, Assistant Professor of Clinical Law
- Andrew Petersen, Associate Professor of Marketing
- Additional faculty/participants include:
- Robert Paulson, Professor of Veterinary and Biomedical Sciences, Co-founder of Nemean Pharma Corporation
- Matt Rhodes, Managing Director, 1855 Capital
- Cissy Young, Executive Director, Russell Reynolds Associates
- Ben Lawrence, VP of Sales and Marketing, KCF Technologies
- Jeremy Frank, CEO, KCF Technologies
Jack Vanden Heuvel, Professor of Molecular Toxicology