VELOCITY
Working closely with IP Factory, the Venture Studio will identify dormant IP from universities, research institutions, and corporations. These IP assets will be evaluated for their commercial viability and potential to address unmet market needs.
IP Identification & Acquisition
These founder teams are built with the specific goal of developing the IP into a market-ready product or service, ensuring that the technology is fully leveraged.
Team Building
The founder teams will work to rapidly prototype and validate their products, supported by access to specialized facilities. This phase will involve rigorous testing and market validation to refine the business model.
Prototyping & Validation
The Studio will provide a comprehensive incubation environment, offering seed funding, mentorship, and strategic guidance, and actively supports the startups through their early development stages.
Incubation & Support
As the startups mature, the Studio will assist in scaling the business, securing additional funding, and establishing market presence. The goal is to build companies that are not only successful but also deeply rooted in Hartford, contributing to the local economy.
Commercialization & Scaling
HIGHLIGHTS
Venture Studio
The Venture Studio will launch in 2025, focusing on building new startups from the ground up, with a unique emphasis on leveraging dormant intellectual property (IP) from research institutions and large corporations.
Working closely with IP Factory, the Venture Studio will identify dormant IP from universities, research institutions, and corporations. These IP assets will be evaluated for their commercial viability and potential to address unmet market needs.
These founder teams are built with the specific goal of developing the IP into a market-ready product or service, ensuring that the technology is fully leveraged.
The founder teams will work to rapidly prototype and validate their products, supported by access to specialized facilities. This phase will involve rigorous testing and market validation to refine the business model.
The Studio provides a comprehensive incubation environment, offering seed funding, mentorship, and strategic guidance, and actively supports the startups through their early development stages.
As the startups mature, the Studio assists in scaling the business, securing additional funding, and establishing market presence. The goal is to build companies that are not only successful but also deeply rooted in Hartford, contributing to the local economy.