Course Description

This course will take a practical, hands-on approach to business plan development, venture capital, and technology transactions. Using current examples from the active technology portfolio of the NIH Office of Technology Transfer or an example of their own choosing, students will learn and participate in reviewing a scientific innovation and determining whether the discovery makes a realistic business proposal. The course will look at the history of venture-capital and its relation to science and technology. The course will emphasize technology-transfer issues (particularly from the NIH standpoint) related to real-world technology partnerships and venture capital investments. Issues related to legal considerations, including due diligence and licensing issues, will be also highlighted. This course is required for Advanced Studies in Technology Transfer.

Learner Outcomes

When you complete the course successfully, you will be able to:

  • Develop an appreciation of the role of venture capital and other investors in the development of new biomedical technologies
  • Understand and be able to complete the essential elements of a business plan
  • Communicate effectively, orally and in writing, to potential investors the commercial advantages of a new technology


This course applies toward the Biomedical Translation and Commercialization Endeavor digital badge.

Textbook Information

A textbook is required or recommended for this course.

Click here to view a textbook list for FAES courses and purchasing information. Please note that tuition does not include textbooks.


Basic or advanced knowledge of science; no business credits required. If you are unsure that you meet the prerequisite requirements, please contact  registrar@faes.org and provide information about your course of interest and background knowledge.

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