Commercialization Academy

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Commercialization Academy Spring 2017 Cohort: Teams & Patents Used
These are the six teams that competed in the Spring 2016 Commercialization Academy cohort, along with the patents used for each startup, and the names of the inventors from the Air Force Research Laboratory Information Directorate in Rome, NY. Each team built their startup around these Department of Defense Intellectual Properties.

Two Teams Win Big for Their Startups at AFRL Commercialization Academy Demo Day; $20,000 Awarded

Rome Native Takes Home Judges’ Award of $15,000

The AFRL Information Directorate’s (AFRL/RI) Commercialization Academy held its Spring Demo Day on June 29, at Mohawk Valley Community College, in Rome, New York. Investors, entrepreneurs, tech enthusiasts, and the local business community, came to watch six innovative, tech startups take the stage to pitch to judges, and an audience of over 90, on how they have been disrupting the market with Air Force Research Laboratory Information Directorate technologies as a pivotal part of their business model.

$20,000 from program funders was up for grabs as teams took the stage for three and a half minutes each, pitching audience members and a panel of judges, to see which startup company and AFRL/RI technology-based products and services were most deserving of the money. [read entire press release here]


 

Team Updates

Fall 2016 Team Update: Solaset
Here is a quick peek at some of the amazing things that Solaset has been up to since the Fall 2016 cohort of the AFRL Commercialization Academy! Solaset is a solar investment fund that allows accredited investors to fund African solar projects through its online platform.

 

Commercialization Academy Fall 2016 Team Update: Aerial Force
Check out what Aerial Force has been up to since the Fall 2016 cohort of the AFRL Commercialization Academy! Aerial Force is an online test prep platform for commercial drone operators taking theĀ Federal Aviation Administration knowledge exam.

The Commercialization Academy is a Griffiss Institute entrepreneurial education program sponsored by the Air Force Research Laboratory Information Directorate (AFRL/RI). The Griffiss Institute has partnered with Wasabi Ventures to run the academy in 2015, and once again, in 2016. The Academy pairs high-caliber founders with high-potential AFRL technologies with the goals of developing entrepreneurial leaders and launching new technology ventures.

The Commercialization Academy program is derived from the proven Wasabi Ventures Academy curriculum and acceleration process which has supported more than 200 startups over the past decade, consists of three component tracks which run concurrently:

  1. Entrepreneurship education for founders
  2. Technology due diligence, ideation and market validation
  3. Team and Company formation, technology licensure and business acceleration

The 2017 Commercialization Academy program will begin with teams drawn from across the country, and comprised of students, veterans and seasoned business professionals. All teams will complete the 6-month Commercialization Academy curriculum developed, and achieve important milestones that will qualify them to pitch to local investors, stakeholders and funding partners at a 2017 Demo Day.