Difference between revisions of "Team:Queens Canada/Entrepreneurship"

 
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<h2 style="width:70%;margin-left:15%">Entrepreneurship</h2>
  
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<p style="width:70%;margin-left:15%;font-size:18pt">This year QGEM was fortunate to be a part of the Queen’s Innovation Centre Summer Initiative Program (QICSI), which is a 17-week program hosted by the Dunin-Deshpande Queen’s Innovation Centre. This summer internship program provides teams of Queen’s students from all different fields with a diverse range of resources and entrepreneurial training to pursue their own startup companies. Through this opportunity, the QGEM team was able to participate in the QICSI Bootcamp, which consisted of a two-week intensive segment with full time classes taught by Commerce and Engineering professors, seasoned entrepreneurs, and business experts to provide the necessary knowledge and training to start our own business.</p>
<h3>★  ALERT! </h3>
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<p>This page is used by the judges to evaluate your team for the <a href="https://2018.igem.org/Judging/Medals">medal criterion</a> or <a href="https://2018.igem.org/Judging/Awards"> award listed below</a>. </p>
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<p> Delete this box in order to be evaluated for this medal criterion and/or award. See more information at <a href="https://2018.igem.org/Judging/Pages_for_Awards"> Instructions for Pages for awards</a>.</p>
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<h1>Entrepreneurship</h1>
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<h3>Best Supporting Entrepreneurship Special Prize</h3>
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In previous years, iGEM had an entrepreneurship track. Teams were encouraged to build projects and focus on commercializing their work. We have now moved to an award as the best work in this area may come from teams who are not solely focused on entrepreneurship.
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<p>The Best Supporting Entrepreneurship award recognizes exceptional effort to build a business case and commercialize an iGEM project. This award is open to all teams to show that entrepreneurship is something all teams can aspire to do with their project. This award can go to an new project, or to a previous <em>project</em> that a <strong>team aimed</strong> to commercialize. Have you filed a provisional patent on your project/device/process? Have you raised money to build and ship products? Have you pitched your idea to investors and received money? As always in iGEM, the aim is to impress the judges!
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To compete for the <a href="https://2018.igem.org/Judging/Awards">Best Supporting Entrepreneurship prize</a>, please describe your work on this page and also fill out the description on the <a href="https://2018.igem.org/Judging/Judging_Form">judging form</a>.
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You must also delete the message box on the top of this page to be eligible for this prize.
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<h3>Inspiration</h3>
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<p>You can look at what other teams did to get some inspiration! <br />
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Here are a few examples:</p>
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<li><a href="https://2016.igem.org/Team:Sydney_Australia">2016 Sydney Australia</a></li>
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<li><a href="https://2016.igem.org/Team:Pasteur_Paris">2016 Pasteur Paris</a></li>
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<li><a href="https://2014.igem.org/Team:UCC_Ireland">2014 UCC Ireland</a></li>
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<li><a href="https://2014.igem.org/Team:Imperial">2014 Imperial College London</a></li>
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<p style="width:70%;margin-left:15%;font-size:18pt"><a href="https://www.queensu.ca/innovationcentre/programs/qic-summer-initiative-program" target="_blank">More information</a></p>
<h3>Patents and intellectual property</h3>
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<img src="https://static.igem.org/mediawiki/2018/4/41/T--Queens_Canada--QICSI2018.jpg" style="width:70%;margin-left:15%">
If your team is seriously considering commercializing and looking into building a company after the competition, you may want to look at how you are going to protect your work and secure investment. Investors will usually require some form of intellectual protection, so you may want to investigate how to apply for a patent or provisional patent in your country and region before disclosing your project at iGEM. Remember that you can only be evaluated in iGEM based on what you share on your wiki and at the Jamboree, so any work you don't present can't count towards your project. </p>
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<p>This is an area where we are different as we care about sharing, openness and contributing to the community and investors don't always agree with these values. It is up to you and your team to decide what to do. Remember that most universities have a commercialization department and that you can talk to them before coming to a decision.  
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<br><h5 style="width:70%;margin-left:15%">Kevin Chen<br>CEO, Hyasynth Bio</h5>
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<img src="https://static.igem.org/mediawiki/2018/8/89/T--Queens_Canada--KevinChen.jpeg" style="width:40%;height:40%;margin-right:15px; margin-left:15%"/>
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<p style="width:70%;margin-left:15%;font-size:18pt">We met with Queen's Canada 2012 alumnus and the CEO of Hyansynth Bio, Kevin Chen. Hyansynth Bio uses a yeast-based system to produce cannabinoids. We spoke to Kevin about the challenges of leading a biotechnology start-up, fund raising, and his path from iGEM to Biotech.
  
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<br><h5 style="width:70%;margin-left:15%">Check out our interview Series <a href="https://2018.igem.org/Team:Queens_Canada/Interviews">here.</a></h5>
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<img src="https://static.igem.org/mediawiki/2018/b/b7/T--Queens_Canada--Dr_David_Saleh.jpeg" style="width:40%;height:40%;margin-right:15px; margin-left:15%"/>
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<p style="width:70%;margin-left:15%;font-size:18pt">This year we hosted an extensive interview series with healthcare professionals, parents, and clinicians, to learn about the market potential of our product. We learned about various applications of our product that we had not originally considered. Our conclusions and final market analysis can be found <a href="https://2018.igem.org/Team:Queens_Canada/Market">here.</a>
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Latest revision as of 01:03, 16 October 2018

Entrepreneurship

This year QGEM was fortunate to be a part of the Queen’s Innovation Centre Summer Initiative Program (QICSI), which is a 17-week program hosted by the Dunin-Deshpande Queen’s Innovation Centre. This summer internship program provides teams of Queen’s students from all different fields with a diverse range of resources and entrepreneurial training to pursue their own startup companies. Through this opportunity, the QGEM team was able to participate in the QICSI Bootcamp, which consisted of a two-week intensive segment with full time classes taught by Commerce and Engineering professors, seasoned entrepreneurs, and business experts to provide the necessary knowledge and training to start our own business.

More information


Kevin Chen
CEO, Hyasynth Bio

We met with Queen's Canada 2012 alumnus and the CEO of Hyansynth Bio, Kevin Chen. Hyansynth Bio uses a yeast-based system to produce cannabinoids. We spoke to Kevin about the challenges of leading a biotechnology start-up, fund raising, and his path from iGEM to Biotech.



Check out our interview Series here.

This year we hosted an extensive interview series with healthcare professionals, parents, and clinicians, to learn about the market potential of our product. We learned about various applications of our product that we had not originally considered. Our conclusions and final market analysis can be found here.