Working with CMEC

One-on-one consulting with CMEC entrepreneur in residence to facilitate Purdue Northwest resources in the following areas (to be funded by the client, as needed):

• Market/product research
• Business plan/executive summary development/referral to the Indiana Small Business Development Center
• Business pitch/presentation development
• Prototype (conceptual) development
• Intellectual property protection
• Familiarity with the Small Business Innovation Research Program.

To facilitate above items, CMEC regularly offers the following events:

• Intellectual Property Legal Aid
• 1 Million Cups
• Founders Hours
• Workshops on small business development
• Workshops on Small Business Innovation Research funding

Product Commercialization, with CMEC sponsorship requires the followings:

• Market survey report of 100 potential customers
• Evidence of uniqueness, or a competitive advantage over competing products
• A functional prototype design or plan
• A viable business plan or an executive summary
• Evidence of patentability/copyright etc. (if available)
• Evidence of initial marketing/selling of the product (if available)

Once approved as a sponsored project, the following activities will be pursued;

• Sign SAFE agreement between CMEC and client
• Develop/improve functional prototype (if needed)
• Prior art search, provisional or utility patent application (if needed)
• Development of Small Business Innovation Research grant application
• Pilot manufacturing to validate commercial production viability and scalability
• Present the product to prospective investors/customers