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Attachment A Prospective Client Profile for Innovation Park at Notre Dame — Illustrative Purposes Only— Subject to Change Overview The mission of Innovation Park at Notre Dame is to help build commercialization bridges at all stages of development between constituents at the University of Notre Dame and businesses, from start -ups through established regional firms to Fortune 500 companies. In this capacity, Innovation Park acts as an important facilitator for businesses at key transition points in the commercialization process, not as the final destination. Innovation Park provides support to ventures with applications emerging from the University's research initiatives, as well as external businesses that wish to leverage University strengths to overcome key technical issues or to advance to the next level. Prospective clients of Innovation Park do not need to emerge from research at the University of Notre Dame. However, the Park actively seeks ventures with ideas or needs that can tap the University's core research areas, or leverage other University assets as part of their commercialization work, including access to University intellectual property, student and faculty resources, and physical assets such as under - utilized research equipment. Innovation Park can provide short -term transitional space for companies in a variety of industries at different stages of development, from month to month in the Greenhouse incubator or one year leases in private office suites or laboratories. All companies wishing to engage the Park services will be asked to identify 3 -4 specific commercialization milestones the company will endeavor to achieve with the Park's assistance, as needed and appropriate, while resident in the Park. At least one milestone should reflect a point of connectivity to the University. The Park supports clients' progress towards these milestones by facilitating interaction with experienced entrepreneurs and, outside subject matter experts, and professional business counsel from law firms, accounting firms, etc. Success at Innovation Park is measured by the commercial acceleration of its clients vis -a -vis agreed progress milestones and its engagement of University assets, such as faculty and students, in the commercialization process. These efforts will either assist new ventures to "graduate" and move on for scale -up and growth elsewhere, or to exit on the best possible terms for all parties. Prospective Profile of IPND clients Scalable, high growth companies in all stages of development in industries such as information technology, healthcare or lifesciences, energy, environment, diagnostic devices, etc. o Incubation: ■ Business concept stage with sustainable commercial potential, requiring assistance to develop proof of concept, a working prototype, a viable business model, or a clear path to market • Early- stage: ■ Beyond the "concept" stage and well into the commercialization phase, either beginning to generate revenues on core business or moving to the next phase of technology development • Emerging or Growth Stage: ■ Entering a growth phase requiring expertise to accelerate growth of the base business and possible extension of the product line or underlying technology platform • Established Companies (up to and including FORTUNE 500) ■ Skunk work projects, leveraging university research or assets (students, faculty, equipment) or pre - employment internship during the school year or summer Caveat Innovation Park shall not permit or promote conduct or activities that constitute disregard or display disrespect for Roman Catholic doctrine, social teaching or values.