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“For every $1.00 invested in the
South West Texas Border SBDC,
a return of
$6.49 is generated.”
Mentorship
CollaborationEducation
"Great stuff!! This would have cost me
$3,000 with my patent attorney!!"
"A wonderful high level and informative
overview of IP providing necessary
information to proceed to more detailed
actions."
"Outstanding session! Valuable info."
"Excellent event. Well organized & good
topics."
AUSTIN
DEC: VALUATION (OFFICE HOURS)
JAN: SBIR / STTR PREP
FEB: PATENTS & TRADEMARKS
SAN MARCOS
2015: INTELLECTUAL PROPERTY
2015: CROWDFUNDING
2015: INVESTMENT
Texas State University
Billy C. Covington, Ph.D.
Chief Research Officer
December 4, 2014
About Texas State University
 Serves 36,790 students with students representing 233 of 254
Texas counties, 48 states, and 71 countries.
 4th Largest Public University in Texas; 27th largest in nation
 Ranks 23th in the Nation for Number of Degrees award to
Hispanic Students
 Fall of 2010 became an HSI; Currently 32% Hispanic undergrads
 Texas State University became an Emerging Research University
In January of 2012.
Role of Research Parks In
Innovation
• Enhance technology transfer from University to the
marketplace
• Increase interaction between companies & the University
• Promote entrepreneurship & innovation
• Provide meaningful employment experiences through
internships & co-ops
Role of Research Parks In
Innovation
• Increase career opportunities for students & graduates
• Provide launch pad for startups and landing pad for
technologies commercialized from the University
• Create critical mass of innovation based companies
• Promote knowledge and technology based economic
development
Park Development Strategies
Startup & Growth Stage Firms
• Assist firms in accessing finance options
• Engagement with regional angel investors & venture funds
• Pursue creation of a proof of concept fund
• Work closely with Texas State’s SBDC Program
• SBDC located at STAR One
• SBDC Spectrum provides mentoring, education, and
collaboration opportunities
Culture of Innovation and Industry
Collaboration
 Many Faculty came to university with industry experience
 Developed concept of research with relevance
 Very few internal silos so easy to form collaborative teams
 Successful effort to create a unique Materials Science, Engineering
and Commercialization PhD program
 Faculty engaged in SBIR/STTR opportunities
 Ten year strategic plan to become a National Research University
August, 2013
Contacts
Billy C. Covington, PhD
Chief Research Officer
Phone: (512) 245-2314
bc18@txstate.edu
Reddy Venumbaka, PhD
Office of Commercialization and Industrial Relations
Phone: (512) 245-2672
reddy@txstate.edu
Stephen Frayser, MBA
Executive Director
STAR Park
Phone: (512) 245-7827
s_f75@txstate.edu
Mentorship
CollaborationEducation
(512) 610-0996

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Spectrum San Marcos Launch

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  • 5. “For every $1.00 invested in the South West Texas Border SBDC, a return of $6.49 is generated.”
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  • 26. "Great stuff!! This would have cost me $3,000 with my patent attorney!!" "A wonderful high level and informative overview of IP providing necessary information to proceed to more detailed actions." "Outstanding session! Valuable info." "Excellent event. Well organized & good topics."
  • 27. AUSTIN DEC: VALUATION (OFFICE HOURS) JAN: SBIR / STTR PREP FEB: PATENTS & TRADEMARKS SAN MARCOS 2015: INTELLECTUAL PROPERTY 2015: CROWDFUNDING 2015: INVESTMENT
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  • 40. Texas State University Billy C. Covington, Ph.D. Chief Research Officer December 4, 2014
  • 41. About Texas State University  Serves 36,790 students with students representing 233 of 254 Texas counties, 48 states, and 71 countries.  4th Largest Public University in Texas; 27th largest in nation  Ranks 23th in the Nation for Number of Degrees award to Hispanic Students  Fall of 2010 became an HSI; Currently 32% Hispanic undergrads  Texas State University became an Emerging Research University In January of 2012.
  • 42. Role of Research Parks In Innovation • Enhance technology transfer from University to the marketplace • Increase interaction between companies & the University • Promote entrepreneurship & innovation • Provide meaningful employment experiences through internships & co-ops
  • 43. Role of Research Parks In Innovation • Increase career opportunities for students & graduates • Provide launch pad for startups and landing pad for technologies commercialized from the University • Create critical mass of innovation based companies • Promote knowledge and technology based economic development
  • 44. Park Development Strategies Startup & Growth Stage Firms • Assist firms in accessing finance options • Engagement with regional angel investors & venture funds • Pursue creation of a proof of concept fund • Work closely with Texas State’s SBDC Program • SBDC located at STAR One • SBDC Spectrum provides mentoring, education, and collaboration opportunities
  • 45. Culture of Innovation and Industry Collaboration  Many Faculty came to university with industry experience  Developed concept of research with relevance  Very few internal silos so easy to form collaborative teams  Successful effort to create a unique Materials Science, Engineering and Commercialization PhD program  Faculty engaged in SBIR/STTR opportunities  Ten year strategic plan to become a National Research University
  • 47. Contacts Billy C. Covington, PhD Chief Research Officer Phone: (512) 245-2314 bc18@txstate.edu Reddy Venumbaka, PhD Office of Commercialization and Industrial Relations Phone: (512) 245-2672 reddy@txstate.edu Stephen Frayser, MBA Executive Director STAR Park Phone: (512) 245-7827 s_f75@txstate.edu
  • 49.
  • 50.
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Editor's Notes

  1. Small Business Development Act of 1980 Focused on the launch and growth of small businesses through training and mentorship for 30+ years