BIOE 493 - BIOTECH STARTUP
Long Title: BUILDING LIFE SCIENCES, BIOMEDICAL AND BIOTECHNOLOGY STARTUPS
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 3
Must be enrolled in one of the following Level(s):
Description: 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.