Services & Benefits

Innovation Lab Staff Services

• Comprehensive Business Assistance Programs  designed to successfully nurture emerging ventures.  
  • Needs Assessment
    • To determine if potential applicants are ready for incubation and if the incubation program has the value-added services to fill the applicants’ needs.
    • Proactive ongoing assessment of members’ needs from concept through commercialization.
  • Coaching and Facilitation
    • Provide oversight and support as members use program’s resources
    • Serve as a sounding board for member businesses as they face the many challenges associated with starting a new venture.
    • Provide members with outside perspectives and allow for strategic thinking that principals might neglect due to their focus on daily operation of their business.
  • Monitoring Member Progress
    • Assist members in being accountable to their specific milestones, goals, benchmarks and timelines e.g. completing ‘proof of concept’, securing capital, establishing strategic partnerships, etc.
• Professional Infrastructure
  • Access to a Know-How Network
    • Open doors to experts not typically accessible by early-stage ventures.
    • Expand the range of technical & professional expertise in dealing with the formation and growth of new business ventures.
    • Match members to mentors.
• Capitalization and Financing
  • Assist members in identifying funding sources.
  • Notify members of grant training programs, e.g. SBIR & STTR.
  • Partnerships with TN SBA, TN ECD, Life Science TN etc.
  • Coach members on pitch presentations.
• Client Networking
  • To provide a cooperative environment that promotes synergy.
  • Notify members of networking opportunities both on and off site.
  • Introduce members to Innovation Lab Stakeholders.
• University Resources and Linkages
  • Publicity and visibility related to the ETSU Innovation Lab.
  • Source of new technology/research and partnerships with Faculty.
  • Partnerships with Student Resources for potential student interns and/or future employees.
  • Facilitate strategic alliances with the ETSU Research Corporation,The College of Business and Technology, Researchers, University Administrators and other Departments.
  • The Office of Research and Sponsored Programs Administration (ORSPA) assists members of the ETSU community in securing and managing external funding for their research, creative, instructional, and service activities.
  • Molecular Biology Core Facility
  • Scientific/Technical Research Expertise and Facilities at ETSU
  • Additional Resources as needed
• Facilities Management
  • Provide building maintenance, fire safety, security, ground maintenance and snow plowing.
  • Offer shared spaces such as kitchens, meeting rooms with audio visual capabilities, Innovation Studio, Entrepreneur & Resource Center and a mail & copy center.