BUILDING LIFE SCIENCES, BIOMEDICAL, AND BIOTECHNOLOGY STARTUPS

Credit Hours: 3 · Graduate

This semester-long course aims to provide entrepreneurial students with a hands-on experience in building a high-tech company based on novel biomedical technologies being developed at Rice University and in the Texas Medical Center. Students will form teams of 2-4, and identify a promising biomedical technology, perform intellectual property landscape analysis, identify a minimum viable product, build a business plan, construct 1 year and 5 year financial projections, conduct voice of customer interviews, and present a fundraising “pitch.” Students are expected to spend 8-10 hours per week outside the classroom to complete tasks assigned during lectures, and will summarize their findings every 2 weeks in a 7-minute presentation. Graduate/Undergraduate Equivalency: BIOE 493 . Mutually Exclusive: Cannot register for BIOE 593 if student has credit for BIOE 493 .