Program agenda:
- Introduction to Due Diligence
- Defining due diligence in the context of university start-ups
- Understanding the importance of due diligence for both investors and start-ups
- Elements of Due Diligence
- Technical issues
- Product Issues
- Financial Issues
- Capitalization
- Education, Training & Support for University Commercialization Offices
- Resources and training programs to prepare for the diligence process
- Due diligence checklists
- Mentorship & guidance
- Leveraging university resources, expertise, and networks to enhance due diligence outcomes
- Access to professional services
- Document & data collection
- Review & feedback
For university start-ups seeking equity financing, the due diligence process is an often difficult final step before the funding you’ve worked so hard to acquire becomes a reality. It’s critical that you be prepared – or risk having those funds disappear before your eyes.
The scope of the due diligence investigation can differ based on the type of investor, but whether it’s an angel investor or a VC, the stakes couldn’t be higher. If the investor finds weaknesses, inconsistencies, or errors in your documentation, they may seek to renegotiate terms or, in a worst-case scenario, the deal could be off. In either case, your company will suffer.
Effective preparation is critical – and this expert-led program will reveal what to expect and help ensure you’re ready to go under the due diligence microscope
In this detailed session, you’ll will have the exclusive opportunity to learn from Joe Runge, business development manager at UNeMed, who brings his extensive knowledge and experience to the critical process of assessing and evaluating university spinouts. Joining him is Chris Scotti, director of new ventures at Texas A&M, a commercialization and early-stage investment expert. Together, they will discuss the key elements of due diligence and share best practice guidance for preparation – making sure the cash infusion you expect doesn’t become a disappointment that can severely damage your ability to scale up or even survive.
Gain practical insights, strategies, and steps that will help you navigate the complexities of the diligence process with confidence. This session is a must-attend for tech transfer professionals responsible for guiding university start-ups in their quest for critical equity investments.
