From devices that help first responders assess their surroundings to vests that enable doctors to find tumors, University of Washington researchers are hard at work solving real-world problems through biomedical research, engineering, computer science, and more. However, many of these budding entrepreneurs don’t have backgrounds in business or the tools needed to bring their products to market. Twice each year, our innovation managers and mentors work to boost their business savvy at Idea to Plan, an event hosted by UW CoMotion.
“Our entrepreneurs are experts in their fields, but most of them aren’t experts in business,” says Laura Dorsey, a Senior Innovation Manager at CoMotion. “Idea to Plan helps them move beyond their research and start thinking about their technologies as businesses.”
During this whirlwind day-long training, innovator teams made up of undergraduates, graduate students, and faculty members work through a series of exercises to address challenges many young companies face.