JUNE NEWSLETTER
Jules F. Knapp Enterpreneurship Center
Knapp Center
UPCOMING EVENTS
June 24 - Knapp Lecture: Intellectual Property Law for Entrepreneurs
June 26 - Knapp Center Monthly Entrepreneurship Social
June 17 - MITEF 2008 Whiteboard Challenge
June 12 - Meet the Angels
June 17, 18, 24 & 25 - Small Business Bootcamp
June 18 - ITDA 2008 Federal Funding Seminar
June 20 - IL-Celerate Application Deadlilne
May Entrepreneurship Social Photos
Drawing Winner
WBDC




About the Jules F. Knapp Entrepreneurship Center
The Knapp Center was designed to support a swift and significant expansion of entrepreneurial activity at and around IIT. By leveraging the Center's resources, those seeking assistance from the Jules F. Knapp Entrepreneurship Center can solidify their business's structure, develop a sound launch strategy, reduce risk, prepare for and take on smart investment, scale their enterprise, and benefit from the established networks of IIT and the Knapp Entrepreneurship Center.
IIT Student Start-up Wins Several Awards
eMotion™, a student initiated company at IIT, is well on its way to commercialization with the help of the Jules F. Knapp Entrepreneurship Center and other advisors from eMotion advisor Jay Fisher, Avelo Roy and Ed SudaIIT and the entrepreneurial community.
 
Co-founded by Avelo Roy, an undergraduate computer engineering major, and Ed Suda, an undergraduate architecture major, eMotion aims to create and offer devices that wirelessly connect people who are physically separated but emotionally together.
 
eMotion's first product is the BFF<3™ Necklace, a fashion accessory, wireless communicating device and secure gateway to a social networking website. The initial target market for the BFF<3 Necklace is girls aged 8-14 years, providing them with the means to send each other secret, encoded messages.
 
A few highlights from eMotion's series of achievements in 2008 include winning the regional Idea to Product (I2P) competition, being a finalist in the Nascent 500, and being selected to present at the Midwest Venture Summit.
 
When asked about eMotion's success, Avelo replied that it is due to a very dedicated team and a knowledgeable group of advisors. Moreover he and Ed have both been active as student leaders at IIT, and this experience has helped them tremendously in managing eMotion.
 
Meet Avelo and Ed to learn more about eMotion at the next Knapp Center Monthly Entrepreneurship Social on Thursday, June 26th, where they will be one of our featured guests. More details about the Social are listed below.

Pictured above: Avelo Roy and Ed Suda being presented first-place medals by a judge at the I2P competition.
 
Knapp Center Lecture: Intellectual Property Law for Entrepreneurs

Join the Knapp Center for its June lecture, which will be presented by Steve Parmelee, an Intellectual Property attorney with Fitch Even Tabin & Flannery. His presentation will present an overview of the four main areas of intellectual property law practice (patents, copyrights, trade secrets, and trademarks) as conveyed within the context of a single vignette that details the legal adventures (and misadventures) of a single entrepreneur.

The technical and business context of this vignette is suitable for audiences of all backgrounds, while also serving as a concrete basis for explaining how these different intellectual property rights apply, don't apply, or apply in overlapping ways as the events of the story progress.

Mr. Parmelee's presentation will be insightful, balanced, and infused with just enough humor to hold the attention of the audience.

Refreshments will be served. There is absolutely no charge for this event, but RSVPs are required and should be made to keplinger@iit.edu.
 
Event Info
6:00 - 8:00 p.m.
June 24, 2008

Technology Business Center Atrium
University Technology Park at IIT
3440 South Dearborn

June Monthly Entrepreneurship Social

Please join the Jules F. Knapp Entrepreneurship Center and the University Technology Park at IIT for our monthly networking event on Thursday, June 26th!

Our featured guests this month wil be MedLight, eMotion, and Siegel Construction. Learn how these start-ups, all founded by current IIT students or recent graduates, are making their way to success.

The monthly social was started by the Knapp Center to bring together the entrepreneurship community both within IIT and the greater Chicagoland area and provide them with the opportunity to network and share experiences with fellow entrepreneurs. Whether you are currently an entrepreneur or are considering starting a business, this event can provide you with the contacts you need to get your new venture started or grow your existing business. Come explore what the Knapp Center and IIT have to offer!


Refreshments will be served. There is absolutely no charge for this event, but RSVPs are requested and should be made to keplinger@iit.edu.
 
Event Info
5:00 - 7:00 p.m.
June 26, 2008

Technology Business Center Atrium
University Technology Park at IIT
3440 South Dearborn
 
MIT Enterprise Forum 2008 WhiteboarMITEF logod Challenge
The MITEF Chicago is pleased to announce the opening of registration for the 2008 Whiteboard Challenge. Come for the excitement! Come for the thrill of the competition! Come to find out about some of the most innovative ideas in Chicago!

Join the Chicago innovation community as we celebrate the best and brightest new ideas that will shape our future.   Cheer on 15 carefully selected presenters as they compete for a $5000 cash prize!

The presenting finalists will have 5 minutes and a whiteboard to describe their innovative concept in front of a panel of Chicago's most experienced judges and an audience of 200.  No powerpoints, no props, no kidding.  

As a participant, you'll be a part of the process as your vote, over your mobile phone, will account for 20% of the total overall score. The Whiteboard Challenge is hands down the most exciting event in Chicago - you don't want to miss it!

Registration Fees
MITEF-Chicago Member: register only, no fee
Pre-Registered Guest: $30
Registration at the Door: $40

Register online today!
Event Info
6:15 - 8:00 p.m.
June 17, 2008

Thorne Auditorium
Northwestern University
Arthur Rubloff Building - 30
375 East Chicago Avenue
Chicago, Illinois

Meet the Angels: Perspectives from Investors Beyond Chicago
Presented by the Coleman Entrepreneurship Center at DePaul University, Meet the Angels will give start-up and early-stage firms the unique opportunity to network with angel investors from various parts of the country and hear stories about their past deals.

"Meet the Angels" is the only educational and networking program of its kind for entrepreneurs. One of the Coleman Center's most popular events, it has attracted nearly 500 attendees during the past two years, as well as some of the best known angel investors and networks from the Midwest.

There is a $60 registration fee until 6/9; $75 thereafter.
 
Register online here.
 
Event Info
8:00 -11:00 a.m.
June 12, 2008

Crystal Room
Union League Club of Chicago
65 West Jackson Boulevard

Small Business Bootcamp
Illinois SBDC Duman Microenterprise CenterPresented by the Illinois SBDC/Duman Microenterprise Center, the Small Business Bootcamp is a four-day program for people who want to succeed in business. Classes meet on June 17, 18, 24 and 25 and cover marketing, cash flow and operations and strategies for success.

The registration fee is $50 and includes a CORE FOURŪ Textbook and Certificate of Completion. Scholarships are available for low income individuals.

For information call AMY LORBER at 312.673.3431 or email her at amylorber@jvschicago.org. More information can also be found by clicking here.

The Illinois Small Business Development Center (SBDC) at the Duman Microenterprise Center provides one-on-one counseling at no charge for start-ups and pre-existing small businesses in the Chicago metropolitan area. The Center also offers entrepreneurial training, business assistance, mentoring and access to capital.
 
Event Info
6:00 - 8:30 p.m.
June 17, 18, 24 & 25, 2008

McGaw YMCA
1000 Grove Street
Evanston, Illinois

ITDA 2008 Federal Funding Seminar
The Illinois Technology Development Association's annual Federal Financing Seminar provides detailed information about NASA and Department of Defense (DoD) programs, including the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, Broad Agency Announcements (BAA), and NASA Space Act Agreements.
 
We increase the federal research and development dollars that flow into this region by ensuring that area companies with a technology or product that could be of interest to federal agencies understand how to efficiently navigate the process to obtain grants or technology development contracts.
 
These seminars do more than educate. We introduce local businesses - both small and more established - to NASA and DoD personnel, as well as leaders from other regional companies with the potential to partner on projects.

Online registration is $40 before June 16th and $60 on the day of the event. CLICK HERE TO REGISTER ONLINE.

For more information please visit: www.itda.biz or call 312.229.1970.  
 
Event Info
7:30 a.m. - 12 p.m.
June 18, 2008

University of Illinois at Chicago (UIC) Forum
725 West Roosevelt
Chicago, Illinois
IL-Celerate
The IL-Celerate program provides money, resources and mentoring to Illinois-based technology companies. The IL-Celerate Program will sponsor five "seed stage" companies through a twelve-week program. At the end of the program, each of the companies will have a completed prototype-stage product, exposure to potential investors and networking across the Illinois technology community for continued growth.

The program will:
  • Provide an avenue of development for very early stage ideas within Illinois
  • Develop a deeper relationship for young entrepreneurs with current technology executives/mentors, and
  • Develop a stronger network among technology executives within Illinois
Developed by the Illinois Technology Association (ITA) and the Chicagoland Chamber of Commerce (CEC) in association with the Illinois Department of Commerce and Economic Activity (DCEO), the IL-Celerate program is available to any resident of the State of Illinois.

A business plan is not necessary for the application. Partial selection criteria will include the market potential for the idea and the strength of the founding management team.

The deadline for applications is June 20, 2008. The IL-Celerate application can be found here.

For more information, please visit http://ilcelerate.wordpress.com/.