Entrepreneurial career cravings?

Learn how to satisfy them

Jack Driscoll and Mukund Chorghade

Session Description: A number of government and business resources are available for entrepreneurs, whether start-ups or later stage businesses. This workshop will provide information derived from various agencies, and experts from the law. Topics will include funding, incentives, business organization, patents, consulting, manufacturing, and expanding outreach. We are geared towards propelling “Entrepreneurs on the Road to Success”. Audience: Late-Career Scientist, Mid-Career Scientist, Early-Career Scientist, College and University Faculty, Postdoctoral Scholars, Graduate Student, Undergraduate Audience Interest Statement: There is very little funding available for initial startups unless you can tap your own bank accounts or have wealthy friends and relatives. You will probably have to do this to get your

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new business “off the ground”. You can always start your business on a part time basis, particularly if the new business has no conflict with your regular job. Once a company is shipping products and, if profitable, the funding options increase. There are a number of Local Banks that will provide receivables financing while other companies can provide factoring of receivables to improve cash flow. A number of states have initiatives to help small businesses. For example, in MA, we have the MA Office of Business Development that is chartered to help small businesses and has offices across the State. Other states such as CT, RI, OH, NY,PA, to name a few, have Small Business Development Centers also. We have quasi government organizations in MA such as MTDC, MCRC, MIFA that provide some venture capital for startups, loans for phase 2 SBIR’s, mezzanine financing, loans for real estate and/or capital equipment. Of course, there is always the SBA funding through local banks that can be used for capital equipment, property and receivables financing. The thing to keep in mind is that the loan programs are just that- “Loans”. They have to be paid back and generally require personal guarantees. It is not easy to start a successful business but there are many places to go now for help including the American Chemical Society Career Consultant Program (CCP) that offers personalized consulting on résumé preparation, job search strategies, interviewing techniques, making a career transition, salary negotiation techniques and 30-minute resume review sessions to critique a candidate's including a mock interview session followed by a feedback conversation. If a business is successful, it is a better option than working for someone else. Participants: Presenter 1: Dr. John N. Driscoll 2011- present Northeastern Section of the American Chemical Society Board Member and Chair Public Relations 2003- present- Founder and President, PID Analyzers, LLC- Development and marketing of portable and process instrumentation using technologies such as photoionization, flame ionization, GC , infrared, UV, electrochemistry. 1973-2003 Founder and President of HNU Systems, Inc.- Developed the first commercial photoionization detector for measuring ppb levels of VOCs in the environment. Sold more than 40,000 PID's. 1976- present- Nova Biomedical Corp. -A founder and board member . Nova Biomedical is the world leader in the development of fast whole blood analyzers to support the care of critically ill patients. 1988- Present- Founder and Chairman- HNU Nordion Ltd OY. Schools: Boston University, Franklin Institute, Northeastern University, Suffolk University, Suffolk University Business School PAPERS: More than 130 papers published (44 papers were invited) Patents: More than 35 US & foreign Patents Presenter 2: Dr. Mukund Chorghade is President of Chorghade Enterprises and Chief Scientific Officer, THINQ Pharma / THINQ Discovery, AGN Biofuels and Empiriko. He is also an adjunct research professor at Northeastern University and has appointments at Harvard and MIT. Dr. Chorghade earned his B. Sc. and M. Sc. degrees from the University of Poona, and a Ph. D. in organic chemistry at Georgetown University. Completing

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postdoctoral appointments at the University of Virginia and Harvard University, visiting scientist appointments at University of British Columbia, College de France / Universite’ Louis Pasteur, Cambridge and Caltech and directed research groups at Dow Chemicals, Abbott Laboratories, CytoMed and Genzyme. A recipient of three “Scientist of the Year Awards”, he is an elected Fellow of the ACS, AAAS and RSC and has been a featured speaker in several national and international symposia. Printed Materials: No Presenters John N. Driscoll Ph.D. PID Analyzers, LLC 2 Washington Circle #4 Sandwich, MA 02563 Mukund S. Chorghade President and CSO Chorghade Enterprises / THINQ Pharma Chorghade Enterprises / THINQ Pharma 14 Carlson Circle Natick, MA 01760-4205

Coordinator Jennifer L. Maclachlan Managing Director PID Analyzers, LLC 2 Washington Circle #4 Sandwich, MA 02563

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