This month come and learn how to license your product or business idea.
David Fedewa, negotiations coach and licensing specialist has coached over 100 students to successfully license their own products. He has been featured in Inc. and Entrepreneur’s online publications on licensing and negotiation strategy. He has licensed five of his own products, with one being featured on Time magazine, CHIVE, and CNET Father’s Day Product of The Year list. David and his team built the world’s largest actively managed database of companies that license new innovative products. His strengths lie where business and psychology meet. While coaching students through multi-million dollar negotiations, he not only looks at the present deal at hand but teaches strategies that can be used in constructing deals with a win-win scenario throughout life.
Where do entrepreneurs and inventors go after they have a working prototype, talked to a patent attorney and are ready to move forward but don’t have the resources to launch? But who and how?
Fred Molnar, vice president of Entrepreneurism and Innovation at the Michigan Economic Development Corporation (MEDC) and the executive director of the Michigan Life Science and Innovation Center (MLSIC), and Phil Tepley, SBDC Tech Team and Growth team leader, will be speaking about state government resources. The Entrepreneurship team works with universities, tech start-ups, start-up technology-based businesses and tech service providers to help grow and to diversify the Michigan economy. The team oversees the 20 legislatively formed SmartZones across the state.
Molnar has 35 years’ experience working in the private sector with large and small life science companies. Previous to MEDC, was COO at iCyt Mission Technology, a life-science startup spun-off from the University of Illinois later acquired by Sony. He was later vice president of sales, Marketing and Services, at Sony Biotechnology and later founded, operated and successfully sold Champion Gymnastics, Ann Arbor, MI.
2019 Membership dues are due $45.00 keeps you in know of one of the most significant inventor groups in the country! Your dues help us cover the minimal costs to keep this group going and services for you.
Molnar and Tepley can answer your questions. We hope you will join Jackson’s faithful group of inventors and entrepreneurs on June 25 th at the Lean Rocket Lab, 133 W. Michigan Ave., Jackson, MI 49201.
Patent Attorney Mikhail Murshak from Loomis Law in Lansing will be aspects of intellectual property law, patents, and trademark acquisition. His background includes preparation and prosecution of patents in the area of consumer products, computer technology, automotive aerospace, chemical engineering, nanotechnology, sleep technology, and much more. Working with start-up technology-based businesses.
Murshak grew up in mid-Michigan and attended Michigan State University for Chemical Engineering. After receiving his bachelor’s degree, he earned the Oliver Ellsworth Scholarship to attend law school at the University of Connecticut Show of Law, where he also received the CALI award in Law & Economics and the Alvin Pudlin Memorial Award for this work in First Amendment Rights Education.
Murshak can answer your IP questions. We hope you will join Jackson’s faithful group of inventors and entrepreneurs on Tuesday, March 28 at the Lean Rocket Lab, 133 W. Michigan Ave., Jackson, MI 49201
Let’s just talk about your project, and what you need. We can look up and find prototypers, manufacturing partners, patent attorneys, and investors. We will have disclosure non-disclosure forms for those who are not far enough along.
This month we continue to explore JIN partner organizations that benefit our members. The Jackson Makerspace is Jackson’s most fantastic place for makers, entrepreneurs and inventors to work on and get help with, making their idea or product. This meeting is a reintroduction to the Makerspace and their new facility.
We are continuing to explore Inventor partners and groups with whom we are associated. This month the Jackson District Library will be working with us to find out “Who Will Buy My Invention”, and how do I find my market.
Every inventor needs to know the answer to this and other basic market development questions! Market research generally focuses on three broad areas: target markets, industry or market trends, and competition. For each area of market research, the Library offers a number of information sources, reference books, databases, and recommended Internet sites. Specific market research may require more than one type of source; our library speaker will reveal the secrets to successfully mining the business resources at the Jackson Public Library.
2019 Membership dues are due $45.00 keeps you in know of one of the most significant inventor groups in the country! Your dues help us cover the minimal costs to keep this group going and providing services for you.
From Cooper/Bus. 127: Turn West on W. Louis Glick (before RR tracks) Go 2 lights to N. Mechanic turn Left South two blocks to Michigan Ave. turn right & park next to building come in the side door go into door facing parking lot (East side) From E. Michigan Ave.: Turn North on N. Mechanic (3 lights past train station). Go 2 blocks to W. Michigan Ave. turn right East on Michigan Ave & park next to building in parking lot come in the side door
This is the type of organization we have been looking for since the start of JIN. Come hear Ken Seneff co-founder give a tour and explain why this organization is what each of us and our group needs this place. Even if you have not come to a meeting for a long time this meeting will impact everyone that receives this email.
Location: Lean Rocket Lab, 133 W. Michigan Ave., Jackson, MI 49201
Many inventors & entrepreneurs are stymied as to how to get the first meeting with investors, venture capital or angel investors. Jack Ahrens will help us find the path and let us in on what we need to have ready before setting the first face-to-face meeting. Many times, you get one chance. So, we will have a chance to get time with one of the best. Jacks focus is with medical, but he works with investors for all opportunities.
Jack K. Ahrens, II is a founding General Partner of TGap Venture Capital Funds, headquartered in Kalamazoo, a Midwest focused venture capital fund that has raised over $46 million. Following a career in bank trust investments, Jack has been a venture capitalist since 1979; first as President of United Capital Corporation of Illinois (an SBIC), since 1983 as a General Partner of Pathfinder Venture Capital Funds I, II, III. He has served on many boards during his career including Afmedica, Inc., Central Data, Inc., Micro Business Applications, Inc., MedVantx, Inc., MinuteClinic, Inc., NeoChord, Inc., Noxilizer, Inc., Rapid Diagnostek, Inc., Regenesis Biomedical and Vector General, Inc. In addition, he was Chairman of The Great Lakes Entrepreneurs Quest, Vice-Chairman of MiQuest and has judged business plan competitions for U of Michigan, MSU, Wayne State and Notre Dame.
There is not a “one size fits all” strategy for turning a clever idea into extra cash. Inventors, like the inventions they create, come in many shapes and varieties. However, many inventors at some point consider turning over their invention to a company in exchange for royalty checks. The great thing about this approach is that it shifts all of the burdens and most of the risks of taking a product to market onto the licensing company. This month, President and Founder of the Lansing Inventors Network (LIN), David Fedewa, will be sharing his licensing experiences with JIN attendees. David’s approach to inventing is to license his inventions to the big corporations and let them do all the heavy lifting. He has licensed four ideas to date and generates revenue via royalties. David graduated from Aquinas College of Grand Rapids, MI with a Bachelor’s of Science in Business Administration and a Bachelor’s of Science in Economics. David is also a founding board member of the Michigan Inventors Coalition.
We are one-upping the July meeting, Allen Knight, Ph.D., Business Administration, professor of marketing and entrepreneurship, Spring Arbor University, will present “The Business Plan for the Busy Planner.” What are the questions to ask before you take the time, effort, and money to write a business plan for entrepreneurs and inventors? In this meeting we will challenge our inventors and entrepreneurs with the challenging questions:
How do we go forward in the Business Plan
What is important to be included
and other things you need to know
Allen Knight’s biography includes 35 years in book and music publishing, logistics and distribution, various wholesale and retail operations, along with extensive consulting in production, marketing, managerial finance & operations. Bring a friend or someone who also has an idea. Remember the Jackson Inventors Network is for everyone. Your membership dues $45.00 are due keeps you in the inner circle of one of the most significant inventor groups in the country, really! Meeting Agenda Location 6:00 – 6:30 p.m. – Registration Spring Arbor Jackson Campus 6:30-7:30 p.m. – Program 113 W. Michigan Ave 7:30-8:30 p.m. – Networking Jackson, MI 49201
What Entrepreneurs Need to Know as They Get Started
Greg Stutchell, general manager of Total Source Manufacturing in Jackson, is the featured speaker at the June 26, 2018, meeting of the Jackson Inventors Network. Stutchell has more than 30 years of experience in manufacturing, including a long career at Kellogg Company. He is also a member of the City of Hillsdale city council. Join us for this invigorating give-and-take session on how entrepreneurs and inventors can partner with manufacturers to make their projects come to life.