UVA Venture Summit

26/03/2009

The First Annual UVA Venture Summit will provide a glimpse into the future. The University of Virginia-wide summit will showcase the creative vision of UVA’s most innovative researchers and entrepreneurs to the venture capital community on April 3 and 4.

Tom Skalak, vice president for research at the University of Virginia, will host the summit. Darden School of Business Dean Robert F. Bruner, along with McIntire School of Commerce Dean Carl P. Zeithamel, will welcome the venture community at an invitation-only dinner on Thursday, April 2.

The first public event will take place in Old Cabell Hall on Friday, April 3, from 8:30-11:30 a.m. During the first part of the presentation, thought leaders from the University’s Schools of Engineering and Applied Sciences, Medicine, and Arts and Sciences  – including scientists, inventors and researchers – will address leading-edge topics such as “Genomics – The Future in Medical Treatment,” “Grid and Cloud Computing,” “Clean Technology and Green Energy,” “The Future of Semiconductors,” and “Cybersecurity and Information Assurance.”

A subsequent panel discussion will share the views of 50 venture capitalists (VCs) from the nation’s top investment firms who will tackle the question “How is the Venture Capital World Adapting to Global Economic Change?” Darden’s Associate Dean for Faculty Scholarship Susan Chaplinsky will moderate the venture capital discussion. Among the participating investment firms are New Enterprise Associates, Domain Associates, Oak Investment Partners, and Montagu Newhall Associates. Darden and Second Year student Adair Newhall (MBA ’09), who proposed the original idea for the summit, were heavily involved in pulling together the venture community.

The discussions of current and future research will continue on Friday afternoon during invitation-only breakout sessions, or “fireside chats.” Six groups of UVA researchers will gather at the Colonnade Club on the Lawn to examine topics including genomics, grid computing, medical devices and biologics in further detail.

Michael Lenox, associate dean at Darden and executive director of the Batten Institute, will moderate the fireside discussion on “Clean Technology and Energy Innovation.”

The summit will continue on Saturday, April 4 with the “UVA Entrepreneur Interactive Showcase,” which will take place at Darden (Room 50) and is open to all faculty and students. Eight UVA start-ups will showcase their technology to the public from 9 a.m. – 12 noon. Darden’s Director of Entrepreneurship Programs Philippe Sommer will deliver the opening remarks.

In the spirit of Thomas Jefferson, the First Annual UVA Venture Summit will blend forward-thinking energy with the storied history of the University. The overall goal of the summit is to build a vibrant community of entrepreneurship across the entire University through stronger ties to venture capitalists. Several representatives from Darden have played a key role in organizing the event, including Sommer, Second Year students Adair Newhall, Ian Ayers, Christine Bohle and Matt Dixon, and alumnus David Chen (MBA ’06) of UVA's Biomedical Engineering Department.

Come to the Friday and Saturday morning events to see the brightest scientific minds at UVA talk about the future of their disciplines and to hear some of the most senior venture capitalists, from both coasts, talk about the state of the industry.

For more information, contact Sharon Krueger in the University of Virginia’s Department of Biomedical Engineering: 434-243-6309 or sak8e@virginia.edu.

Founded in 1955, the University of Virginia’s Darden School of Business improves society by developing principled leaders in the world of practical affairs.

For information or questions, contact: communication@darden.virginia.edu.

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