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Technology and Business Development

Technology Assessment & Early-Stage Commercialization

  • We specialize in working with early-stage biotech and entrepreneurial startup companies to fulfill their goals, serving as an external partner and workforce development pipeline.
  • A technology evaluation usually takes 1-2 days. We talk about more than simply technology during this period; we also facilitate a high-level company strategy debate. You will receive the following items at the end of the engagement:
    • Business case at a high level, creating a high-level map of your business operations and identifying your pain issues
    • Defining high-level business requirements and discussing future state procedures
    • Determining whether your present technology can meet market needs or if a new system is required
    • Examining your organization to see if it’s in line with your personal/company strategy
    • Suggestions on technology and business
  • After these initial meetings, our business/technology consulting services assist you in developing a strategic roadmap to identifying Go/No-Go decisions, KPIs, and technology pivots as required.
  • By working with a DRACO team, companies have the opportunity to engage with motivated and talented student members, many of which seek future employment opportunities.


Academic Researchers and Technology Transfer Offices

  • We work with academic researchers and inventors alongside their university technology transfer office to determine the best path forward for all stakeholders.
  • Our goal is to be a collaborative resource in the development process.
    • If you are a researcher, are you interested in creating a startup company around your invention?
    • Are you interested in submitting the invention disclosure to the technology transfer office and continuing your research?
    • Do you have a graduate student interested in the commercialization of your technology?
  • Not only do we have experience with these scenarios, but we are eager to begin working with you to navigate through these transitions!

Workforce Development

Students with an Entrepreneurial Drive

  • We actively partner with outgoing students to provide unique professional development opportunities.
  • DRACO seeks to supplement their experience in the lab and the classroom by offering project-based learning experiences that set them apart from their peers.

Whether it’s strategic planning for a startup company, gaining multidisciplinary team experience, engaging in customer discovery activities, conducting market analysis, or presenting deliverables to a client, being a member of a DRACO team provides a variety of opportunities that build upon a student’s current skillset and help prepare them for a professional career.

  • We understand that the life of an undergraduate or a graduate student is very busy, that’s why we let our members select realistic tasks that they can complete on their own schedule.
  • Projects require 5-10 hours per week and lead to valuable professional connections, skill-building, peer-reviewed publications, and engaging experiences that set them apart from their peers.