Dear Campus Communicators,

 

The UT Research Foundation is holding two (free) upcoming entrepreneurial events to benefit the UT community. Please share with your staff and faculty.

 

Thank you,

 

Melissa Dos Santos

Marketing Coordinator, UT Research Foundation

600 Henley Street, Suite 211

UT Conference Center

Knoxville, TN 37996-4122

(865)-974-1809

[log in to unmask]

utrf.tennessee.edu

 

 

 

 

UTRF and Kennerly Montgomery present:

 

 

UTRF Tech Talk: Rollover Business Startups

  

The University of TN Research Foundation and the firm of Kennerly Montgomery present Rollover Business Startups (ROBS) – a free educational program.

 

• When properly structured, ROBS allow entrepreneurs to utilize funds from their 401(k) or other tax-advantaged retirement account to fund a new business (or franchise), buy an existing business, or recapitalize an existing business.
• ROBS also allows for these funds to be used before a person reaches the age of 59 ½ without paying the usual income taxes and early withdrawal penalties.
• This program will discuss the structure of a ROBS transaction, the ongoing requirements related to a ROBS business, potential hurdles and pitfalls, and the IRS’ stance on ROBS generally.
• Options and alternatives for financing start-ups using IRAs and qualified plans will be compared.

 

 

Where? UT Business Incubator, [log in to unmask],-83.9501455,14z/data=!3m1!4b1!4m10!4m9!1m1!4e1!1m5!1m1!1s0x885c3d50835d8357:0x54fec958cd4c286d!2m2!1d-83.9394411!2d35.9471539!3e0">2450 E.J. Chapman Drive

When? March. 22nd from 11 am – 1pm (lunch provided for registered participants)

Who? Students, faculty, entrepreneurs, start-up company executives, investors and their advisors are welcome to attend.

 

 Click to Register

Campus Calendar

 

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UTRF, ACEI, and Three Roots Capital present:

 

 

Funding Your Startups with SBIR Grants

  

Have you ever thought about commercializing your research?

The University of Tennessee Research Foundation (UTRF) supports researchers by protecting the intellectual property of promising technologies and making them available for corporation and startups to license. One avenue available to researchers is to participate in an entrepreneurial startup that develops the technology into products and services that benefit society. But where does the money come from to do this development?

 

Did you know the Federal Government supports technology commercialization?

Federal research agencies like NSF, DoD, DOE and NIH together set aside over $2.5 billion annually for Small Business Innovation Research grants (SBIR’s). SBIR’s are available to small businesses to prove feasibility, develop prototypes and commercialize technologies. The program is a peer reviewed, competitive grant program that can provide hundreds of thousands of dollars to a startup to help prepare the technology for market entry. In addition, most agencies provide programs for grantees to develop their business models in parallel with their development to ensure they are ready to compete in their chosen marketplace. Some startups have raised several million dollars through the SBIR program.

 

Come learn about how you can participate in the SBIR Grant Program.

This program will provide a brief overview of the SBIR program, some incentives provided by the State of Tennessee and best of all, you will hear from a panel of 3 local SBIR veterans, who together have raised several million dollars of R&D funding for their companies.

 

The informational session will cover:

• Where to find information about the SBIR Program
• Strategies for successfully competing, and winning SBIR funding awards
• Connections to successful award winners
• The good, the bad and the ugly of SBIR’s as a funding strategy

 

 

Where? West Wing, Haslam College of Business

When? April 4th from 4– 5:30pm

Who? Students, faculty, entrepreneurs, start-up company executives, investors and their advisors are welcome to attend.

 

 Click to Register

Campus Calendar