Monthly Archives: April 2020

ICAP Lean Startup Introductory Course – Virtual Cohort

Based on the National Science Foundation’s I-Corps™ program for Lean Startups, ICAP helps inventors and entrepreneurs take the right first steps in bringing new technologies and innovations to market.

ICAP includes FREE introductory training programs and counseling services offered through ICAP instructors and local SBDC counselors. ICAP helps startups identify potential customers and develop successful business models based on that knowledge. It is an ideal program for early-stage companies trying to prepare for eventual venture investment.

Preferred Sectors

The cohort will give preference to startups focused on the following sectors/solutions:

Cybersecurity

Software | Telecommunications | | Information & Communication Technologies | E-Commerce | Networking & Equipment | Electronics/Instrumentation | Sensors | Materials | Drones | IoT

Pandemic Response

Biotechnology | Biopharmaceuticals | Medical Devices | Laboratory Instrumentation | Diagnostics | Healthcare IT | Nutraceuticals | Agricultural | Software | Telecommunications | Information & Communication Technologies | Sensors | Manufacturing

APPLY BY CLICKING HERE

Important Dates

June 21, 2020 – Applications are due by midnight

June 24, 2020 – 6:00pm - 8:00pm – Introductory Webinar

July 1, 2020 – Acceptance notifications and communication with next steps

July 8, 2020 – 1:00pm - 3:30pm – Customer Segments and Initial Team Presentations

July 9, 2020 – 1:00pm - 3:30pm – Value Proposition

July 10, 2020 – 1:00pm - 3:30pm – Customer Discovery

July 17, 2020 – Each team participates in a pre-scheduled group video call review of the team’s Customer Discovery Progress over the first week

July 24, 2020 – 1:00pm - 3:30pm – Final Team Presentations

During this introductory program, there is extensive work done outside the virtual classroom. In addition to the virtual class meetings, participants should expect to spend another 10-15 hours per week on customer discovery and course assignments. At the conclusion of the program, you will remain connected with your ICAP adjunct to continue your progress on the Five Steps to Startup Success over the following 6 to 24 months.

The introductory program is designed to generate a maximum impact over a relatively short duration and should be considered a required first step for anyone interested in commercializing a technology or product, whether through a startup or licensing arrangement. Some graduates of this cohort may be eligible to apply to NSF’s Seven-week National I-Corps Program, which includes non-dilutive grants for customer discovery and prototype development. Additionally, this program can help teams develop better submissions for SBIR and CRCF grants from Virginia’s Center for Innovative Technologies.

Your ICAP Instructor

Bob Smith is currently the Director of  I-Corps at George Washington University where he helps researchers, inventors, and technology startups develop their technology commercialization and technology business startup efforts. He is also an instructor with the NSF’s DC I-Corp Node.

Bob has 30+ years’ experience in innovation and entrepreneurship. He is the Chairman of CollegeFactual.com, a leading college rankings website. He’s held senior management positions at Congressional Quarterly and America Online in sales, marketing, and new product development and was the founder and CEO of the first nation-wide online city guide, Digital City. As an executive, angel investor, and advisor he has helped companies in e-commerce, e-government, identity management, content publishing, geospatial analytics, data science, and local media go from launch through to favorable exits.

Bob received a BA from USC and his MBA from GWU. He is a veteran of the US Navy.

For more information email: icap@virginiasbdc.org   

This cohort is brought to you by:

    

APPLY BY CLICKING HERE

Elementor #9768

Avoid COVID-19 scams!

Scammers are using the Small Business Administration’s (SBA) name to con small businesses and individuals during the COVID-19 crisis through phone calls, emails, text messages and letters.

Please note:

  • If you are contacted by someone claiming to be from the SBA, suspect fraud.
  • Emails from SBA or other legitimate government agencies will always end in .gov.
  • There is no cost to apply for a COVID-19 Economic Injury Disaster Loan and SBA will never ask you to provide a credit card.
  • Do not release any private information (social security number, date of birth, etc.) or banking information in response to an unsolicited caller, letter, email, or text.
  • If you are in the process of applying for an SBA loan and receive email correspondence asking for PII, ensure that the referenced application number is consistent with your application number.
  • An SBA logo on an email or webpage does not guarantee the information is accurate or from the SBA.
  • Check for spelling and grammatical errors in an email and be wary of clicking on any links or attachments.
  • For help with applying for an Economic Injury Disaster Loan, call 800-659-2955 or email disastercustomerservice@sba.gov. You can also use a text telephone (TTY) by calling 1-800-877-8339.
  • For inquiries regarding support for small businesses, send an email to answerdesk@sba.gov
  • Visit the Small Business Cybersecurity site to learn more about small Business Cybersecurity tips, common threats, training, and best practices. https://www.sba.gov/business-guide/manage-your-business/small-business-cybersecurity
  • Visit the U.S. Department of Homeland Security’s Cyber Infrastructure site for small business resources. https://w.gov/publication/stopthinkconnect-small-business-resources
  • Trust your instincts! If something seems too good to be true, then it probably is too good to be true.

Still have questions?  Request advising here.

Virginia SBDC