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Technology Transfer

What is technology transfer? Technology transfer occurs when a technology developed for one organization or environment is moved into another. Often this movement is from a university, federal research lab, another company or individual to a business entity. A new business entity may be formed for that specific technology or an existing business may acquire … Continued

Intellectual Property

What is intellectual property? Intellectual property refers to the right in an intangible asset. Common forms include patents, trademarks, copyrights and trade secrets. Intellectual property rights determine the rights to make, use, sell, display and manufacture. These rights can be transferred, sold or licensed to others. What is a Patent? A patent is “the right … Continued

Licensing Technology

Tips on Licensing Technology for Entrepreneurs Technology Transfer usually takes two forms Acquiring and/or licensing intellectual property is a common practice of technology based, innovative companies and usually takes two forms: In-Licensing, which is acquiring (for a fee) the intellectual property rights to use or commercialize products or programs. Out-Licensing, which is receiving fees from … Continued

Regulatory Requirements

Regulations for Starting a Business There are a variety of local, state and federal regulations that can apply to starting a business including everything from local zoning to obtaining a federal tax identification number. The most common areas of concern for new businesses are: tax registration payroll/income taxes incorporation filing requirement business licenses building permits … Continued

Legal

When Entrepreneurs Should Get Legal Help BizStarts highly recommends consulting with an attorney regarding the following three topics. Determining the legal structure for your business: Sole proprietorship Partnership C Corporation S Corporation Limited liability corporation (LLC) The business structure you choose will have legal and tax implications. It is important to find the structure that … Continued

Cash Flow and Projections

Cash Flow and Projections Overview for Start-Ups A business plan for a startup should include financial projections for the first three – five years of the business including an income statement, balance sheet, cash flow for the first twelve months, and a capital expenditure budget. This is also known as a pro forma. The projections … Continued

Financing – Glossary of Terms

Accounts Payable: A list of a firm’s current business debts or liabilities that must be paid in the future (usually within 1 year.) Accounts Receivable: A list of the amounts a firm is owed by others for merchandise or services sold, representing current assets. Amortization: Liquidation on an installment basis; the process of gradually paying … Continued

Evaluate Your Business Concept

4 Questions to Evaluate Your Business Idea Many people who want to start a business waste a lot of time and money by plunging ahead without thoroughly researching and evaluating the opportunity. You might want to first wrestle with these key questions: Am I ready to be an entrepreneur? Is there a market for my … Continued

Innovative Avenues for Funding” workshop presented by OfficeMax

  “Innovative Avenues for Funding” workshop presented by OfficeMax, BizStarts July 24th Are you aware of all the options you have for funding your business? Whether you’re starting or scaling up, funding options go beyond banks and investment funds. In fact, there are many avenues for getting funding that will make you more attractive to … Continued

BizStarts’ 4th annual Collegiate Business Plan Competition

3D Printing startup takes top prize at BizStarts Collegiate Business Plan Competition; four other finalists combine to split $15,000 in prize money, bragging rights BizStarts’ 4th annual Collegiate Business Plan Competition, sponsored by Mason Wells, took place Wednesday, April 24th at the Todd Wehr Conference Center on the MSOE (Milwaukee School of Engineering) campus.   After … Continued

Reminder: Wisconsin Governor’s Business Plan Competition entries due THURSDAY

  Reminder: Wisconsin Governor’s Business Plan Competition entries due THURSDAY The 10th Annual Wisconsin Governor’s Business Plan Contest is accepting entries online for the 2013 competition until 5:00 p.m. Thursday, Jan. 31, 2013. To enter, become a judge, or a sponsor, visit www.GovsBizPlanContest.com. Finalists will share in more than $100,000 in cash and in-kind prizes. … Continued

November 8th Inspirational Entrepreneur Event honors Mario and Cathy Costantini, founders of La Lune Collection

November 8th Inspirational Entrepreneur Event honors Mario and Cathy Costantini, founders of La Lune Collection BizStarts held its quarterly Inspirational Entrepreneur event on November 8 at We Energies’ Auditorium, where attendees enjoyed networking and hearing from entrepreneurs Mario & Cathy Costantini of La Lune Collection (www.lalunecollection.com), a locally quiet but world-renowned upscale rustic wooden furniture … Continued

Get Inspired by Jeff Rusinow August 7th!

Get Inspired by Jeff Rusinow August 7th!   It’s time for our midsummer Inspirational Entrepreneur Event, where we’ll hear from and honor entrepreneur, community leader, and angel investor Jeff Rusinow. We’ll also get updates on the Wisconsin State Fair and possibly partake in a few cream puffs! The event is Tuesday August 7, 2012 from 4:00pm to 6:00pm at the We … Continued

10th annual Wisconsin Entrepreneurs’ Conference

Join The Trek!  The 10th annual Wisconsin Entrepreneurs’ Conference  The 10th annual Wisconsin Entrepreneurs’ Conference is one of the Midwest’s premiere networking and educational events for entrepreneurs. It will be held at the Pfister Hotel in Milwaukee June 5-6, with business leaders, investors and others making connections as they learn how to crack into today’s emerging markets and prospect … Continued

BizStarts Catalyst: November 2011

  BizStarts Catalyst November 2011 In This Issue of the Catalyst Inspirational Entrepreneur Event BizStarts Board member George Dalton passes away at age 83 BizStarts staff address audiences in Greenfield, Milwaukee and Madison Story Behind The Start Up: HoodiePet, LLC Racine’s new “Launch Box” receives support from BizStarts Milwaukee Quote To Remember Events for your … Continued

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