The Neutrino Donut is working with several startups to identify grant opportunities and manage the initial stage of the project. The goal is to conduct the initial planning and develop agency approvals before developing the full SBIR application.
The Neutrino Donut is providing technology assessment services to multiple NIH grant programs. This review is a full evaluation of the technology as well as market development opportunities.
Panelist – FICCI Program
The Neutrino Donut will be on a digital media panel with the Federation of Indian Chambers of Commerce and Industry (FICCI)on July 15. Details on the seminar are as follows:
India – US
Synergies in Digital Health
Wednesday, July 15th, 2020
7pm (IST)/ 9.30 am (EDT)
The digital healthcare market in India is estimated to reach INR 485.43 Bn by 2024.The robust digital footprint of India, coupled with supportive government policies, has played an instrumental role in driving the growth of the digital healthcare market. India and US have displayed strong commitment towards healthcare cooperation across various areas including R&D, pharma, medical device/equipment, and looking ahead there is wide collaboration scope in the digital health space. The relatively untapped market offers high potential and thus attracts significant investment opportunities across the segment including telehealth, mHealth, electronic health records/electronic medical records (EHR/EMR), and others. The panel with key members from India-US businesses will discuss emerging technologies such as artificial intelligence (AI), machine learning, Blockchain, Internet of Things (IoT), Internet of Medical Things (IoMT), and Big Data analytics that have helped in shaping the digital healthcare market. The current & future opportunities of healthtech market and how industry can leverage technology to repurpose their business models.
The focus of the seminar will be on Telemedicine, mHealth, Electronic Health Records, the Role of Emerging Technologies such as AI, IoMT, Big Data, as well as India and US Collaboration opportunities and challenges and government initiatives and regulations.
Registration – https://ficci-beta.info/webinars/synergies/index.php
The Neutrino Donut will be conducting a training seminar on grant programs, fund raising, and planning for the Austin Technology Incubator SEAL program. This program will be delivered online on 9 July 2020.
SEAL’s core value is vetting emerging university startups from the market’s perspective, not the entrepreneur’s nor university ecosystem’s perspective. A by-product is to shift founders’ mindsets to be market centric instead of technology or product centric.
To accomplish this, SEAL coalesces a group of hand-picked, experienced startup mentors to assist each startup in identifying the next potential Go / No-Go Decision. SEAL then builds a set of industry-specific mentors to work with each team over the course of two months to do the work to rigorously answer the analyses underlying the Go / No-Go Decision. Additionally, SEAL brings in experienced entrepreneurs and technical experts to talk about their real-world experience in confronting some of the most common
Go / No-Go Decisions. This is particularly useful as startups confront an on-going sequence of these types of decisions, so SEAL primes its participants to have a baseline of knowledge as many of these common decisions will emerge in each of their journeys.
Most startups participating in SEAL have already removed significant scientific or technical risk through lab prototypes, pilot deployments, and occasionally, early sales. Given that, most Go / No-Go Decisions center on “scalability” questions around the underlying technology, go-to-market, team, funding requirements, firm economics, and other core business model components.
In prior years, SEAL has also facilitated ecosystem engagement opportunities to jumpstart the process of university-based entrepreneurs building out their ecosystem network. For many student founders, this represents their first “in-the-wild” professional networking experience. Austin’s startup ecosystem is overflowing with organizations, activities and people that support entrepreneurs and startups, so quickly learning how to navigate and engage with it is critical to the long term prospects for each
Innovation in the Times of the COVID-19 – THE GRANT PROCESS
We are focusing on the development of new ideas in the time of Covid-19. Right now, corporate innovation and licensing has slowed, as R&D budgets are being cut. New biotech developments have slowed as lab activity has been curtailed. The Angel and VC markets, already risk adverse, have become more conservative.
In these times, startups will need funding but, just as importantly, independent validation of their ideas via the grant processes. By leveraging these grant based resources and applications, startups can find validation of their ideas and processes as well as received undiluted funding to advance their technology. From there, the startup will be in a stronger position to negotiate exits with these partners. The SBIR process involved extensive reviews of your idea from science experts, business experts, and project development experts, all of which will provide opportunities to fine tune your idea to commercialization.
We will discuss the Phase I grant, where the technical merit of the project is discussed. In Phase II, we will discuss taking your idea to the marketplaces. Then you can talk to the Angels, VCs and corporate licensing folks from a position of strength.
For the startup, this means planning the entire life cycle of your idea and figuring out where the exit ramps are located.
After the session, we will have an open discussion of the business / technical / funding challenges of your companies. Bring your questions and problems, the answers may be of interest to other folks as well. Led by guest speaker Earle Hager, Managing Partner / The Neutrino Donut, LLC Mr. Hager has worked extensively on technology assessment, business development, and grant process for several hundred startups. He has even does those Net Present Value spreadsheets required for financial planning on grants. He also knows almost everyone you may need to connect with in the corporate market. He comes to Los Angeles via Philadelphia and Austin.
The Neutrino Donut is developing a video series on technology licensing for one of our foreign partners. The goal is to expand the understanding the importance of the licensing process to product development.
The Neutrino Donut is working with a startup seeking SBIR support for their technology. The Donut will be developing the commercialization report as well as finding business opportunities for the company. The company has reached research agreements with several universities.
The Neutrino Donut is working with a startup developing a technology to help patients in the ICU. The company is seeking funding for this project.
The Neutrino Donut was one of a group of companies / individuals asked to contribute thoughts to a a white paper on the future of R&D. The discussion, initially based on world view pre-pandemic, has changed considerably post-pandemic.
China will be a questionable member of the supply chain. Price and manufacturing manipulation, particularly in the area of rare earth metals, will be challenged as companies will pay a premium for stability versus the lower cost only standard. I have always viewed the economic race between China and India as favoring India.
Other Southeast Asia countries and Africa will benefit as economic development will expand to more options for supply chain.
Remote work will become standard. The impact of this will be higher paying salaries for remote workers who will move to smaller towns, upsetting the local property costs. CA workers moving to Idaho and Montana are not popular, as they are able to easily afford $300K homes, which were out of reach based on local salaries. These remote workers will create challenges for schools and consumer services (restaurants and food supply) for more diverse offerings.
In my personal experience, moving from Philadelphia to a small Texas town, these challenges were obvious. A large amount of the property taxes were raised against farmers, who where not happy with tax increases that burdened them more heavily.
Corporations have a one year view on incomes. The recent tax cut was targeted at job creation, when the overall unemployment rate was very low and the jobs which were leaving the country (manufacturing) were still leaving even with tax cuts (Carrier). The tax cut had to be spent, and it was spent on stock buybacks and automatically triggered bonuses. Fast forward a year, and the tax cut money would be better served in retaining workers.
We have had three once in a century economic shocks to the system since 2001. We are not prepared for the economic management of these problem.
The net effect is tax cuts may not be an effective tool to economic development at this point. Other solutions may be needed.
In the same way, the Keynesian model (C+I+G), which was key to getting us out of the recession of 2008, may not work in this space. President Trump’s economic stimulus will not have the same effect, as the world has changed.
Jack Welch, former CEO of GE and corporate blowhard, felt you should fire the bottom 5% of your organization every year. He was an idiot. But, we are about to see the bottom 5% of our economy come to an end. Malls are an obvious target.
We will come through this and we will be stronger.
The Neutrino Donut is assisting a company on their SBIR Phase 2 proposal. The technology relates to water systems. We are providing business development services on the project, identifying key players and developing marketing reach out strategies.