GENERAL OVERVIEW

Strengths: Massachusetts Robotics Industry

- Most robotics industry and colleges on the east coast

- Strong manufacturing base

- Strong research base

- Significant government grant funding

- Eastern location: proximity to other states and international stakeholders

Weaknesses

Lack of a strong support ecosystem for robotics/automation startups in Massachusetts and the US as a whole

Results in poor startup performance and poor investor confidence

- Lack of collaboration, standards, and investment

- “Shiny object chasing”

- Brain drain

Opportunity

Robotics technology is going mainstream and entering into everyday life.

Top Ten Venture Capital States (2014). Image startup.co, data NVCA.org

- Trillions of dollars of unmet market needs

- The ability to empower the human race to accomplish more than ever before

- The opportunity to create prosperity for all segments of society

Threats

What they think about robots:

- Robots are not cost effective

- Robots will displace workers and affect morale

- Staff are not skilled enough to run the robots

- Robots break

- Robots are not safe

41% of manufacturing companies surveyed said they do not currently use robotics technology, and they do not intend to within the next three years

MassRobotics will serve as an innovation hub for robotic startups through:

- Thoughtfully designed, high-productivity co-working areas, offices, and private prototyping spaces

- World-class engineering facilities for designing, building, and testing prototypes

- Relationships with partner organizations who can advise, fund, and commercialize promising technologies

MassRobotics will provide innovation and investment opportunities back to the high tech community by hosting and promoting:

- Tailored accelerator/incubator programs

- Funded technology challenge problems

- Technology licensing matchmaking

- Internal skunk works-like product development teams

MassRobotics will inspire the next generation of innovative engineers and entrepreneurs through:

- A new level of engaging, hands-on STEM education for children, youth and adults

- Workshops, classes, competitions, and technical internships that promote “learning through doing”

- A supportive learning environment and access to professional facilities

Through this collaborative marketplace, MassRobotics will establish Massachusetts as a hub of robotics innovation, bringing together innovative startups and existing technology organizations, nurturing the next generation of talent, and promoting economic growth and innovation in the New England area.

A platform for inclusion of sponsor defined accelerator & technology matchmaking programs

Non-Profit 501c(3) entity providing infrastructure, facilities, and facilitation without equity stake

Extensive engineering prototyping facilities to enable rapid creation of physical systemsEmbedded systems labMachine shopElectronics fabrication

Indoor/outdoor testing facilitiesAir/land/water testing environmentSome RF/EMI & thermal testing

Facilitated access to regional testing grounds(air) Joint Base Cape Cod(land) Devens(land) NERVE

How is MassRobotics different from other incubators?

GOAL: Create a productive and collaborative

robotic technologies marketplace where members come together to learn, create,

and solve problems.

Access to Startups: A new opportunity to interact within an innovation-rich startup ecosystem

IP & Product Transition: A new method to commercially transition your innovation and engineeringfor autonomous systems and robotics-related technologies

Corporate Connections: A new avenue to grow external partnerships and business areas with a variety of diverse and regional robotics-related companies

Common Need Technology Services: Providing value back to the robotics community through enhanced technical capabilities and products

Innovation Sabbaticals: A new venue for your staff to grow and engage new opportunities within a diverse entrepreneur ecosystem

STEM Promotion: A new or additional opportunity to promote and support STEM education

Advertising: A new advertising venue to promote your business to growing robotics sector

Some Corporate Partner MassRobotics Benefits

Incubating and Accelerating robotics /automation /autonomous vehicle –oriented startupsFoster & Facilitate (e.g. large sponsor company startup) business collaboration (equity stake, IP licensing, spinoffs)Provide engineering prototyping & testing facilities focused on robotics technology needsProvide business/mentoring services for startups

Fostering hands-on STEM education in the areas of robotics technologyProvide facilities & equipment for education programsIntegrate with & host existing area school science/coding/engineering curriculum & extra-curricular programs

Common need technology services to the Coalition Providing value back to the coalition through enhanced technical capabilities and productsState of the art robotics software/hardware library and repository for common use

We provide the platform for:

“Nothing is more powerful than an idea whose time has come.”

Victor Hugo