Carnegie Mellon Engineering




VentureBridge

The purpose of the VentureBridge is to help student teams transform their concepts developed at the university to a startup. The goal is to help teams to validate proof of concept, acquire customers and get to the next stage of their company. The effort serves as a bridge between the educational and startup environments, while giving entrepreneurs at Carnegie Mellon access to unique resources at the university’s Silicon Valley campus.  Apply to VentureBridge

VentureBridge membership includes

Mentorship & Training

  • The VentureBridge program offers unique opportunities and insight into the Silicon Valley ecosystem:
    • Introductions to angel investors, incubators, accelerators, venture capitalists, CMU-affiliated companies and alumni startups
    • Invitations to attend different workshops and events located in the heart of Silicon Valley
  • Teams who are admitted to VentureBridge will have access to an experienced technology Entrepreneur in Residence (EIR) along with faculty and alumni mentors for business consulting, strategy assistance, marketing and communication help, investor preparedness, or other startup consultation such as legal and accounting assistance.
  • Team members can participate in select electives and workshops offered by the Integrated Innovation Institute at the Carnegie Mellon Silicon Valley (CMU-SV) campus covering topics that could include: intellectual property basics, business development and sales, financial projections, the use of funds, investor options, and negotiations.

Services

  • Coworking Desk Space in the CMU-SV facilities at Moffett Field
  • Access to Conference Rooms, Wi-Fi and Ethernet Ports
  • Events Video Conferencing Services 

Eligibility Criteria

To be considered for VentureBridge, applicant proposals:

  • Must be a technology-based business concept based on work done as part of CMU education. For the 2017 application cycle, business concepts or technology related to travel and logistics within the airline industry will take priority, although all application areas will be considered.
  • Must have founders who are currently enrolled at CMU or have graduated from CMU within a year of the entry into the program. Currently, enrolled CMU students should plan to graduate before starting the VentureBridge term
  • Must be a for-profit based business.
  • Must have a real need for the services offered through VentureBridge
  • Has had no prior institutional funding. Teams that have incorporated and sold equity in their companies are not eligible.
  • Must have received less than $100,000 in non-institutional funding in the form of grants, competition winnings, and loans that are convertible to stock are eligible.
  • Once accepted, teams must be located or able to relocate to Silicon Valley for the duration of the program.

2017 Program Term

  • Spring - February 6th to May 5th, 2017

Application Deadlines

  • Spring 2017:
    • Applications Open: Friday, October 7th
    • Applications Due: Friday, November 11th
    • Decision Announcement: Monday, December 5th

Apply to VentureBridge

VentureBridge in the News

Questions?

Please contact Ravi Thomas, VentureBridge Entrepreneur in Residence.

Emirates Innovation Lab Director:

  • Prof. Stuart Evans, Distinguished Service Professor in Software Management Program, in Silicon Valley

VentureBridge Entrepreneur in Residence:

  • Prof. Ravi ThomasInstructor in Software Management Program, in Silicon Valley

VentureBridge Committee:

  • Prof. Jonathan Cagan, Director of Innovation & Entrepreneurship for College of Engineering, Ladd Professor of Mechanical Engineering and co-Director of the Integrated Innovation Institute, in Pittsburgh
  • Prof. Bob Iannucci, Director of the CyLab Mobility Research Center and Distinguished Service Professor, ECE, in Silicon Valley
  • Prof. Gladys Mercier, Director, Software Management Program, in Silicon Valley
  • Prof. Sheryl Root, Director, Technology Ventures & Associate Professor in Software Management Program, in Silicon Valley
  • Prof. Tony Wasserman, Professor of Software Management Practice, in Silicon Valley