STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

• 6:30 Welcome Luis Mejia and Rick Gibb

• Introduction to the iFarm Teams Program• Quick overview of the iFarm Teams program• Tonight’s objective is simple: Meet, greet, and learn

• 7:00 Special Guest Speaker Dr. Jeannie Kahwajy• 7:50 Program Q&A Luis Mejia and Rick

Gibb• 8:00 Conclude

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

What are iFarm Teams?• Unique model to help move technologies

from the lab to the marketplace• Not an incubator – not an accelerator• A disruptive model for innovation

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

• Who Can Participate–Stanford students–Faculty–Staff–Alumni–Other qualified individuals

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

Why participate?• For Students:

– get hands-on experience moving a new technology towards commercial reality

– learn about intellectual property, licensing, business models

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

Why participate?• For Alumni:

– Apply your work experience to help Stanford further its research and education mission

– Use your real world experience to help students learn about marketing, sales or manufacturing

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

Why participate?• For everybody

– Network with Stanford Community members

– Possibly be involved with starting up a company around a Stanford technology

– Be a part of helping to move technology forward for public use and benefit

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

How do the iFarm Teams work?

• Meet your Team• Assign roles – Designate a Liaison• Pick a technology – Interact with OTL Licensing Associates and

Stanford Inventors• Determine your iFarm Team plan (Expected Outcomes)

– Is the technology a licensing play?– Is there an unidentified killer app?– Do you want to build a prototype?– Do you want to develop business models for a possible startup?– Something else?

• Present your work

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

iFarm Teams Fall 2013 Upcoming Important Dates:

Progress Report: Invention First Cut (2/Team Member)Speaker TBA on Patents and Licensing

Oct. 1

Speaker – Steve Blank on Business Model Generation Invention Final Selection Report Due

Oct. 14

Progress Report Due – Game Plan Cont. Nov. 5Team Mini BriefingSpeaker – TBA on VC Pitch

Nov. 19

Speaker – Matt Abrahams on Effective Presentations

Dec. 10

Final Presentations Jan. 14, 2014

See iFarm Teams homepage for meeting times and locations

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

Rules• The iFarm Team program is completely voluntary; there is no

compensation for participation; Team members must identify themselves as iFarm Team Program volunteers when introducing themselves to Stanford inventors.

• The Stanford inventions remain the property of the University.• Improvements to existing inventions would be governed by the

University’s IP policy (Note: Focus of program is not inventing).• The iFarm Team members are expected to commit to participating for 5

months.• If the iFarm Teams do not intend to create a startup around their iFarm

Team invention, Stanford may use the iFarm Team work product to continue to try to license the technology.

STANFORDUNIVERSITY

INNOVATIONFARM TEAMS

“Small opportunities are often the beginning of great enterprises.”

Demosthenes