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Commercialization and Venture Development

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Judy Giordan to receive prestigious Henry F. Whalen, Jr. Award

Press Release – Monday, August 4, 2014

The American Chemical Society Division of Business Development and Management (BMGT) is pleased to announce that Dr. Judith C. Giordan will receive the 2014 Henry F. Whalen, Jr. Award for Excellence in Business Development and Management in the Chemical Enterprise.

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Judy currently serves on boards of advisors and as founder/senior management in start-up ventures such as Qteros llc; Managing Director of ecosVC, Inc., a training and venture development firm; and, co-founder of the Chemical Angels Network. Her former positions include VP R&D and business leader at Henkel Corporation; Global VP of R&D for Pepsi-Cola and Corporate VP/CTO at International Flavors and Fragrances.

Recipient of the Francis P. Garvan-John M. Olin Medal in 2010 and elected an ACS Fellow in 2013, Judy’s past service roles have included membership on the Board of Directors of the Industrial Research Institute and the American Chemical Society; various positions at the National Science Foundation including member of the Math and Physical Sciences Advisory Board, Chair of the Waterman Award Committee and Program Officer for the cross-foundational IGERT program. Judy has also been named several times to Who’s Who and has been cited in numerous publications and magazines for her groundbreaking roles for women in corporate leadership over her 30 year career. A sought after author and speaker, Judy is being recognized with the Henry F. Whalen, Jr. Award for her international business development and leadership, entrepreneurship, angel investing and educator roles and as a respected R&D leader underpinned by her development of scientists and engineers, and mentoring of women for leadership positions.

Judy will accept the award and share her insights on Sunday, August 10, 2014 at 5:30 pm, as part of a reception sponsored by BMGT and the Chemical Angel Network scheduled from 3pm - 6pm at the Intercontinental Hotel in San Francisco. Judy’s remarks will link her R&D and business experiences as the VP/CTO of several Fortune 500 companies with the value and importance of both commercial development skills for today’s scientists and engineers and diversity, inclusion and mentoring of women and underrepresented minorities in STEM and chemistry.

About the American Chemical Society (ACS)

The American Chemical Society is a nonprofit organization chartered by the U.S. Congress. With more than 162,000 members, ACS, a nonprofit organization chartered by the U.S. Congress in 1876, is the world’s largest scientific society and a global leader in providing access to chemistry-related research through its multiple databases, peer-reviewed journals and scientific conferences. Its main offices are in Washington, D.C., and Columbus, Ohio.

About the ACS Division of Business Development and Management (BMGT)

BMGT is comprised of members from the chemical enterprise around the world. Our mission and vision are to champion business development and management throughout the chemical enterprise, and to be globally recognized as the preferred resource for creating, growing and managing chemical business.

For more information about the Henry F. Whalen, Jr. Award please contact Sharon Wilkerson, skw@polychemistry.com

For more information about Judith C. Giordan please contact info@ecosvc.com

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When Start-ups Hit Patent Roadblocks

"What’s important to know about a patent is that it simply gives you an opportunity to defend yourself in a court of law. Get it out of your mind if you think it will keep you out of court."

Judy Giordan and Mark Vreeke (cofounder of the Chemical Angel Network), contribute thoughts on patents to Chemical and Engineering News in Mark S. Reisch's article When Start-ups Hit Patent Roadblocks. Reisch discusses patent disputes between chemical company Evonik Industries and start-up firm Materia. 

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A new 21st-century Contact Sport: Solving Global Challenges using both the Lens of Research & the Lens of the Market

Judy was an invited speaker in the University of Wisconsin-Madison's Chemical Engineering department's seminar series on October 8, 2013. Her presentation was entitled "A new 21st-century Contact Sport: Solving Global Challenges using both the Lens of Research and the Lens of the Market," and she discussed the necessity for scientists to learn about the innovation process.  This involves embracing a personal change process to learn more and transform from a researcher to an innovator (and this includes more than entrepreneurs!). 

Click to download the slides

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Lens of the Market Online - Introduction

This short video is comprised of the introduction module from the in-person Lens of the Market workshop, created with funding from the National Science Foundation (CHE #0926490). This workshop is intended to introduce scientists and engineers to a “lens of the market” perspective… to provide you with an opportunity to figure out if you want to use this lens of the market in conjunction with your research lens. Why? In order for you to better determine how the commercial world might benefit from your research. OUR goal with Lens of the Market is to help you develop innovations that can and will be used to help solve important problems for people and the planet.

Legal Basics 101 – Business Structures

ACS Webinar, August 2, 2012.  Joseph Steig moderates.  "You have a great idea and great science, now you need to build a company. Learn about the kind of structures they didn’t teach you in chemistry class!"

* Past ACS Webinars are only viewable by ACS members, login to watch!

Lens of the Market

Judy and Joseph are featured in this video by Scott Hancock on the Lens of the Market (LoM) workshop offered to the NSF Centers for Chemical Innovation (CCI).

Judy and Joseph describe the Lens of the Market workshop, an opportunity STEM researchers to learn the language and the lens of the market and how to use this to further their research and potentially solve some of the great challenges facing the world today.  Students who recently attended a LoM workshop discuss what they learned, such as their place in the value chain and the language of the market, and how Judy and Joseph's facilitation of the workshop really made it enjoyable and informative.

Intellectual Property, Tech Transfer and YOU

CSMC Webinar, February 2, 2012. Judy Giordan moderates. The basis for most ventures based on discoveries in science and engineering is their inventions—their intellectual property. And the importance of protecting intellectual property—these all important intangible assets—in an appropriate way becomes a key factor in the ability of any researcher to realize the translation of their research to a marketable product or service!

But how can research be protected? What are the options for protecting your intellectual property? What is the role of the Tech Transfer office in protecting and commercializing university IP? What are the roles of students, post docs and professors in this protection process? What are the similarities and differences in protecting intellectual property for new materials and their uses from other types of inventions?

Listen to Judy and distinguished panelists Dr. Mary Foley-Phillips, Associate Director - Intellectual Property and Licensing, Oregon State University, and Mr. Stacey Slater, Partner, Klarquist Sparkman, LLP, take live audience questions on translating university research into market oriented innovations!

It Takes an Interdisciplinary Team to be Successful

The NCIIA in conjunction with ecosVC released video series discussing the importance of the team when bringing research through from an idea to commercialization.  Six experts share their thoughts on how the people you choose to work with can greatly impact your success as an innovator and entrepreneur.

Judy Giordan, Partner ecosVC and Senior Advisor to the NCIIA, explains that the best teams are created when everyone is superb individually at what they do but want to work together in an interdisciplinary team, and that ability to work and think interdisciplinarily is crucial to future success.

This video series was supported by a grant from the National Science Foundation, grant CHE #0920877.

The Importance of Advisors to Young Entrepreneurs

The NCIIA in conjunction with ecosVC released video series discussing the importance of advisors to young entrepreneurs.  Five experts share their thoughts on how mentors can offer advice, access to networks, sound advice, and business planning input.

Joseph Steig, Partner ecosVC and Treasurer & Manager of Venture Development to the NCIIA, explains how vital the credibility that advisors lend to young entrepreneurs and their ventures is to their success in securing future funding and support.

This video series was supported by a grant from the National Science Foundation, grant CHE #0920877.

21st Century Technology Commercialization – A New Contact Sport

Judy was a speaker in the Joseph Priestley Society Lecture Series at the Chemical Heritage Foundation, in Philadelphia, PA.  Her talk was titled "21st Century Technology Commercialization – A New Contact Sport".  Judy discusses Open Innovation and its corporate implications, the need to education scientists and engineers to give them the lens of the market, and how embracing diversity benefits all.  Click here to listen to the audio from the lecture provided by CHF!

Research to Innovation to Venture: An Education and Venture Development Process... GOAL: Sustainable Materials Commercialization and Innovator Preparation

At the Nanomanufacturing Summit 2011 in Boston, MA, Judy presented "Research to Innovation to Venture: An Education and Venture Development Process... GOAL: Sustainable Materials Commercialization and Innovator Preparation" in the "High Performance Green Nanomaterials for Electronics & Industrial Applications" session.  Judy discusses how education can prepare scientists and engineers to become the innovators needed in today's economy, and that embracing the lens of the market concurrent with the lens of research is the path to realizing innovations.

Transforming the Practices and Rationale for Educational Programs to Aid Academic Researchers in Translating Research into Innovations and Ventures

The award winning paper "Transforming the Practices and Rationale for Educational Programs to Aid Academic Researchers in Translating Research into Innovations and Ventures" written by Judy Giordan, Joseph Steig and their colleagues from NCIIA.  This paper was presented on June 28 at the 118th Annual ASEE (American Society of Engineering Educators) Conference. It was awarded "best paper" in the Entrepreneurship & Engineering Innovation Division of ASEE.

Innovation as King Is Dead. The Day of the Innovator Has Arrived

Judy Giordan and Joseph Steig co-authored a May 18, 2011 article on Xconomy.  In "Innovation as King Is Dead. The Day of the Innovator Has Arrived" Judy and Joseph address the underlying issues challenging science and engineering innovation in the United States, and how these issues are of vast importance for the economy, the nation and ultimately the entire world. They recommend a path forward for business leaders, scientists and engineers to work together on "...transforming the Valley of Death into what it truly is: a Time of Brilliance..."!

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What Researchers Who Want To Be Entrepreneurs Need To Know

Judy was quoted in C&EN's article "What Researchers Who Want To Be Entrepreneurs Need To Know" with advice to scientists seeking to become innovators. 

“The activity of commercialization is actually separate from doing science,” explained Judy. “Being an entrepreneur requires one to embrace both of these pieces. You can be trained and gain skills and vocabulary to be an entrepreneur, but whether a person can do the range of work required to be an entrepreneur, and feel comfortable doing it, is a different story.”

To read the full article, which includes further insights from Judy, click above!

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