10.807/15.371 Innovation Teams

i-Teams

Instructors: Luis Perez-Breva, Fiona Murray and Noubar Afeyan

TA: Bryan Haslam

Invitation to Offer a Project in i-Teams

Thank you for your interest in offering an project for the innovation teams of excellent students who participate in i-Teams. We would be delighted to have you participate in the class as a project PI during the upcoming semester. We promise our best efforts to make it a highly rewarding experience for your lab.

Appropriate i-Teams Projects

Many of the projects that form the basis of i-Teams are based on ideas that have received Deshpande Center grants. We also seek appropriate projects from other parts of MIT, as well as Harvard and the Harvard-affiliated hospitals. Successful projects have a number of characteristics:

i-Teams Commitment

We recognize that people have busy schedules and we aim to minimize the amount of time required by PIs. However, but the success of i-Teams is directly related to involvement of all parties. Everyone must be willing to commit to the process.

Student Commitment

i-Teams is a 12-unit course that meets weekly throughout the semester. This is a significant commitment of time and effort by the students. The class is designed to ensure that student teams use their time well and provide detailed, thoughtful and professional reports to the project PIs.

PI Commitment

We have found that project PIs derive significant value from the i-Teams experience. To make i-Teams projects a success, however, we ask for a limited commitment of time on the part of the PI and/or a selected member of the laboratory -- the Lab Liaison (as we call them). Throughout the semester we ask for the following commitment by the PI:

Project Deliverables

Students will generate two deliverables during the semester that are designed to add value to the PI and project team. Before the mid-term, students will develop a short presentation outlining the key performance characteristics of the technology and how they compare to competitive alternatives in a range of applications. At the final, students will complete a presentation and report with a full go-to-market analysis including the two most promising applications, the key technical requirements that must be met for these applications, market analysis (including size, key needs, buying cycle), and competitive analysis. Students will also outline the most effective commercialization strategy, licensing issues, funding possibilities and potential partners.