Phase 1: Market Focused Invention
Integrate market perspective into the technical invention process, to add the “market-pull” to the “technology-push” invention process.
Universities lack relevant market related knowledge
- Stimulation of market-focused and market-motivated inventions and research.
- Insight into market-based technology trends, environmental regulations.
- Creation of market awareness on the inventor’s side
Market information input:
- E2-Workshops, E2-Seminars and E2-Conferences
Building latent market awareness and basic understanding:
- Faculty and Students will attend E2-Events.
- E2-Curriculum: Entrepreneurship and business courses for engineering and science curricula.
Information and knowledge dissemination
Phase 2: Innovation Conception & Selection
Evaluate the technical potential of e-inventions and select those inventions with promising market potential. Find champions or mentors who are willing to bring the invention to the market.
Most faculty and students are not entrepreneurs.
- Evaluation and selection of e-inventions
- Creation of e-business concept & business idea validation
- Partnering for e-innovations
- Formation of the management team
Evaluation and selection of e-inventions:
Faculty and E2 partner network will evaluate the “e-inventions”.
Partnering for e-innovations:
Creation of e-business concept:
E2-Workshops, the E2-Seminars and the E2-Conferences.
Phase 3: Innovation Venturing & Exploitation
Start of a successful new CleanTech-venture or exploitation of the innovation by established industry partners.
Finding human and capital resources
- Funding of prototyping
- Creation of new ventures and development of a funding strategy.
- Nurturing the venture into an IPO or an acquisition.
Prototype selection and funding:
Presentation at E2-Workshops, E2-Conferences and the E2-Seminars
Start-up creation and seed capital:
Business plan presentation to network partners.
Early stage capital
VC contacts by partners.