CTTEC

Center for Technology Transfer and Enterprise Creation

Startups

CTTEC has a long history of providing critical services to the Carnegie Mellon research community for building and spinning out new ventures. Some of the services CTTEC provides include:

  • Assessing a company's potential
  • Advising on the business plan
  • Identifying potential candidates for company management
  • Making connections to service providers (economic development organizations, lawyers, accountants, etc.)
  • Providing connections to potential sources of funding
  • Helping secure physical space for incubation when available

In addition, CTTEC can provide gap funding assistance for qualified projects. The purpose of the gap fund program is to facilitate the literal transfer of new technologies to start-up companies. Some examples of funded activities include:

  • Business Plan development
  • Prototype development/testing
  • Market analysis/testing
  • Short-term support for consultants/first technical or business hire
  • Business development/partnering activities

Gap funds are available exclusively for CMU related start-up companies. For additional information and guidelines on the Gap Fund Program, please contact us.

Our model also extends to the entrepreneurial community outside Carnegie Mellon. By facilitating connections between seasoned entrepreneurs and technologists, we add the right level of management expertise and industry understanding to compliment an emerging start-up. Our approach is open and collaborative and our experience and processes help to build valuable connections between the entrepreneurial community and faculty researchers.  We are always looking to connect well qualified entrepreneurs with our start-ups. Get involved and keep in touch with CTTEC.

Expert Database

Carnegie Mellon spin-off companies are generally in need of management, talent, investment and commercial partners. CTTEC seeks to connect CMU start-up companies to these resources.

CTTEC manages an Expert Database, viewable by the Carnegie Mellon Community and targeted at faculty start-ups seeking individuals who can provide the resources specified above.

"Our heart is in the work" Learn more

Entrepreneurs

Kauffman Entrepreneurs

Entrepreneurship.org - An excellent resource on entrepreneurship from the Kauffman Foundation

Entrepreneur Magazine

Entrepreneur Magazine - The online journal for entrepreneurs

Wall Street Journal - Small Business

Wall Street Journal - Small Business - The small business resource center of the WSJ

Vistage

Vistage - An executive leadership organization

New Enterprise Forum

New Enterprise Forum - Non-profit organization to link entrepreneurs with critical resources

American Invents Act

American Invents Act - Seminar by Mark Knedeisen from K&L Gates

Early Stage Financing

National Association for Small Business Investment Companies (NASBIC)

SBICs are privately organized and managed venture capital firms licensed by the U.S. Small Business Administration (SBA) to make equity capital or long-term loans available to small companies.

SBIR.gov

The U.S. Small Business Administration (SBA) Office of Technology administers the Small Business Innovation Research (SBIR) Program and the Small Business Technology Transfer (STTR) Program. Through these two competitive programs, SBA ensures that the nation's small, high-tech, innovative businesses are a significant part of the federal government's research and development efforts. Eleven federal departments participate in the SBIR program; five departments participate in the STTR program awarding $2billion to small high-tech businesses. The U.S National Science Foundation administers the SBIR.GOV site on behalf of the federal government.