2017 IPO Annual Report Final_2016_IPO_AR_single_pages_HR | Page 10

INNOVATION – PARTNERSHIPS: STARTUP COLLABORATIONS INNOVATION / PARTNERSHIPS IPO SUPPORTS BERKELEY LAB RESEARCHERS SEEKING TO MOVE TECHNOLOGIES FROM LAB TO MARKET T he Berkeley Lab Innovation Corps (BLIC) was launched in FY16 to provide entrepreneurial resources and technology commercialization training for all Lab staff. BLIC hosts expert speakers on topics such as legal issues for startups and early stage funding opportunities. Intensive customer discovery programs such as DOE’s Energy I-Corps (formerly Lab-Corps) and the National Science Foundation’s I-Corps™ teach researchers how to transition their discoveries into technologies that benefit society. IPO supported 16 researchers participating in these programs in FY16 to advance inventions from biotech screening tools to a better stove burner to subsurface modeling software. IPO technology commercialization associates worked with researchers in Berkeley Lab’s Energy Technologies Area and Material Sciences Division to secure Technology Commercialization Funds from DOE’s Office of Technology Transitions. “Customer discovery principles are influencing all aspects of my research at Berkeley Lab. I’m using them on a daily basis now, and they will influence the rest of my career.” Peter Therkelsen, staff scientist, on DOE Lab-Corps training Two startups based on Berkeley Lab technology were founded in WHISKERLABS FY16. Berkeley Lab researchers spun out Whisker Labs, formerly Wattstick, which licensed an energy monitoring device that will be adapted for home use. Lexington Biosciences licensed a cuff-like device, developed at Berkeley Lab, that assesses plaque buildup for more advanced testing and monitoring of cardiovascular health. Lexington Biosciences is refining the Heart Sentry’s design and will initiate the Food and Drug Administration approval process. –10–