Addressable Market Analysis
UPstart employs student teams from the Wharton SBDC to research potential applications for the company’s technology. These teams perform analysis on the size of the addressable markets and work with the company to begin developing product strategies.
Development of Marketing Materials
UPstart creates logos and websites (some with assistance from students in the Penn School of Design), as well as marketing materials for conference and investor presentations.
Fund Raising Strategies
UPstart collaborates with the founders to develop strategies and timelines for seeking funding opportunities. Numerous potential sources are pursued including, but not limited to, angel investors, economic development funds, seed stage venture funds, and government grants.
Management Team Recruitment
UPstart introduces the founders to entrepreneurs with the experience and capabilities necessary to begin building out the management team and infrastructure of the company. We want our faculty to be entrepreneurial without needing to be an entrepreneur.
UPstart matches entrepreneurs with highly qualified students looking for an internship with an early stage company.
UPstart actively markets the company’s technology to potential partners as a method of providing alternative funding sources and to advance the pace of innovative research.
Commercialization Grant Preparation
UPstart provides comprehensive support that founders need to produce high quality grant applications that are well positioned to secure commercialization awards, such as SBIR/STTR funding.
Template Document Library
UPstart has assembled template documents covering most of the legal documents that may be required including operating agreements, management contracts, subcontract agreements, etc.
IP Strategy Development
UPstart employs students from the Legal Law Clinic to develop IP strategies for companies in conjunction with their plans for the business.
Preferred Partner Relationships
UPstart has developed relationships with several service providers that are comfortable and willing to work with newly started companies that have very limited operating capital.
UPstart supplies interns to companies from the Vagelos Life Sciences Program and the Management and Technology Program.
Incubator Lab and Office Space
UPstart offers companies the opportunity to lease both lab and office space at attractive prices.