StartupUMD Business Fundamentals Workshops

What: A series of hands-on workshops developed collaboratively by UM Ventures, Mtech, and Dingman Center for Entrepreneurship specifically for UMD faculty and graduate students to teach business concepts and skills, startup resources and how to take advantage of them, legal issues surrounding startups and many other practical know-how. Most workshops are offered two separate times during a week to allow for a more flexible schedule.

Place: unless noted otherwise, workshops are held at Startup UMD Diamondback Garage, 7878 Diamondback Drive, College Park, MD . Diamondback Garage is located in the back of The Hotel, an easy walk from many campus location. However if you decide to drive, please park in the surface lot behind The Hotel as parking is significantly cheaper than the hotel's garage. Faculty and staff with UMD parking permits may also park in Lot K2 behind the WeWork building (please check your permit to make sure that K2 is your overlfow lot).




Quick Scaling Your Way to Entrepreneurship

You don't need a complicated business plan, pitch VCs, or rent fancy office space to become an entrepreneur. With today's online manufacturing, marketing, sales and distribution platforms it is fairly easy to quickly launch a lifestyle business that requires minimum investment or overhead, yet can generate a nice revenue stream. This platform can be scaled to a full time business. Learn how to use these e-commerce platforms and what kind of business ideas can be implemented. 

Presenter: Harry Geller, Entrepreneur in Residence 

When: June 25, 10-11 AM, REGISTER


Startup Guide for Faculty/Researchers at UMD

University of Maryland and the State of Maryland have an abundance of resources for UMD faculty and graduate students interested in translating their research into a startup company. Faculty members often can pursue their startup aspirations alongside their research activities, and in most cases don't need to quit their UMD employment. This workshop will provide an overview of the resources and programs, and a suggested path to navigate them in the most efficient way. The workshop is designed specifically for UMD faculty and graduate student startups based on university innovations. 

Presenter: Alla McCoy, Director, Startup Support

When: June 27, 10-11 AM, REGISTER


Business Lingo for Scientists

Does this sound like a foreign language to you: TAM, LTV, Burn Rate, Customer Churn, EBIDTA, margins, etc.? This workshop will help you understand basic business terminology to prepare you for your conversations with VCs, banks, and potential business partners.

Presenter: Alla McCoy, Director, Startup Support

When: June 27, 11 AM - 12 PM , REGISTER



CEO, CTO, CFO, CMO...CxO: What Do These People Do at a Startup and When Does the Business Need Them?

Building a great startup team is critical to the success of your company as evidenced by the fact that most experienced investors say they invest in people and teams, not technologies. This workshop will help you understand what are the roles that these key positions play within a startup and how do they change and evolve as the business grows. 

Presenter: Doug Humphrey, Entrepreneur in Residence

When: July 11, 10-11 AM, REGISTER


How to Pitch: Telling Your Story

Experienced entrepreneur, angel investor, and business coach will talk about best way to present your startup or a business idea.

Presenter: Glen Hellman aka Mr. Cranky

When: July 15, 11 AM - 12 PM, REGISTER








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UMD's Neutral Buoyancy Research Facility, which simulates weightlessness, is one of only two such facilities in the U.S.