Physics at Work for Humankind - Building Startups that Matter

ORAL

Abstract

This session will include the following aspects:

1. What is a physics startup?

- Characteristics of a physics startup compared to other types of startups and to companies that have been running for a long time

- Characteristics of physics entrepreneurs and their motivation

2. Challenges in forming and building a startup

- Developing the business concept

- Defining the right approach to funding and getting funded

- Forming the team

- Getting support from incubators, accelerators, consultants, etc.

3. What do you need to know to manage and grow a startup?

- Leadership / Team building / Company structure

- Proposal preparation / Budgeting

- Financial terms and reports

- Program Management

- Manufacturing

- Sales and Marketing

- Customers and commercial opportunity development

- Intellectual Property (IP) protection

- Risk management

- Networking

4. Lessons from my personal experience

- Operation of a startup as part of an ecosystem

- Personal anecdotes supporting some of the aspects above

This session will take 60 minutes (including questions) and will be followed by a 90 minute panel discussion on the same topic.

Possible panelists:

1. Paul Searcy, President of the Colorado Photonics Industry Association (CPIA), based in Denver

2. Scott Davis, CEO of Vescent Technologies, a small company in Denver involved in quantum technology. Scott founded Vescent many years ago and can talk about the evolution of a physics startup from the origin to being established with products. I know Scott well, I noticed that you also have Vescent in your exhibitor list.

3. Zachary Yerushalmi, CEO / Director of Elevate Quantum, a public/private consortium that aims to accelerate Colorado’s quantum industry.

4. and 5. We could select one company from the startup exhibitors and one company from the Tech Giants (Google or Microsoft)

Presenters

  • Daniel Renner

    • Atacama Optics & Electronics

Authors

  • Daniel Renner

    • Atacama Optics & Electronics