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• Assistance in networking with industry or domain experts who can provide relevant <br />knowledge and advice to help identify potential new uses of technology platforms and to <br />help guide new ventures emerging from these platforms. <br />• Assistance in having reasonable access to seed or start-up capital from local, national and <br />other sources. <br />• Consultation on technology transfer, IP protection and other commercialization <br />assistance, such as product or graphic design, and prototype development. <br />IP @ND will explore and accelerate the development of a promising new venture through <br />the "Greenhouse ". Similar in some respects to the widely publicized "Y Combinator" program <br />in Boston and California, our approach extends beyond software and web services to science, <br />engineering and other fields. Working with third party seed stage investors (e.g., Fish Taco <br />Ventures), the plan is to quickly identify those ventures with significant commercial promise to <br />fast -track its development with expert professional advice and support. <br />The facilities will be built by Notre Dame and will be leased to IP @ND by the <br />University. The gifts and grants will provide sufficient equity in the facility to support debt if <br />needed. The IP @ND will sustain itself on a permanent basis by charging market -based fees for <br />space and added value administrative services provided to clients /tenants, by sponsorship of <br />"greenhouse" activities through private gifts and commercial sponsor tie -ins (e.g., professional <br />service providers), and by possibly taking an equity position in the downstream prospects of its <br />"greenhouse" clients into an operating endowment fund. <br />The proposed organizational structure for the IP @ND and the individuals and groups <br />charged to carry out the mission of the IP @ND are illustrated in the following chart and <br />explained in the following paragraphs. <br />Page 11 of 23 <br />