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Saturday, March 14 • 11:00am - 12:00pm
Science Project: Venture Ready Outside the Valley

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It is difficult to take early scientific research from universities and turn it into viable companies. The difficulty increases dramatically when the activity is taking place outside the venture capital epicenters of San Francisco/Valley or Boston, or places where resources are limited, such as the Midwest. Using the success of the University of Michigan as a case study, this panel will discuss how to take science projects (research) and leverage internal funding, regional and national talent, and the local ecosystem to turn them into sustainable, fundable ventures.
The University of Michigan resides in Ann Arbor, a town of 110,000 people, squarely in the fly-over zone of the Midwest. Yet it has launched, on average, more than ten startups a year for the past 15 years. Since 1985, roughly 75 percent of University of Michigan startups are still active, including M&A. These startups have raised over one billion in equity financing in the last 10 years.

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avatar for Wesley Huffstutter

Wesley Huffstutter

CEO, QuadMetrics
Wesley Huffstutter is the CEO of Quadmetrics, a cyber risk analytics company based in Ann Arbor, MI. Quadmetrics provides a predictive measure of the cyber risk of networks for insurance underwriters and enterprises seeking to understand their own security posture as well as the posture... Read More →
avatar for Lora Kerr

Lora Kerr

Mentor-In-Residence, University of Michigan
Lora Kerr is a Mentor-In-Residence at the University of Michigan - Office of Technology Transfer with a focus on Healthcare IT inventions. Lora has held various business and technical leadership roles in the areas of product development, quality, and information technology. Her experience... Read More →
avatar for Michael Psarouthakis

Michael Psarouthakis

Sr Venture Specialist, University of Michigan
Mike focuses on new company formation based on the physical sciences intellectual property discovered and developed at the University of Michigan. He has over 21 years of venture fund management, entrepreneurial and management experience in both the public and private sectors.

Saturday March 14, 2015 11:00am - 12:00pm
Hilton Austin Downtown Salon B 500 E 4th St