DNP123: Developing a licensing venture to deploy a patent-pending nanoscale building block process. The venture team is comprised of Simpson faculty, staff, and Emerge Foundation advisors. The venture has applied for research funding and has interested private-sector partners seeking to collaborate and develop applications of its technologies. Simpson faculty and students will help refine the core intellectual property and market licensing opportunities. Simpson College has assigned a revenue sharing agreement to the Emerge Foundation.
kas BioChar: Forming DSM-metro and Iowa partnerships for commercializing biomass-sourced char and activated carbon, produced using innovative production technologies developed by a graduate team formed at ISU. The first venture (Clear Carbon, LLC) was formed, was awarded state incentive funding, and is in pilot testing phases. Additional ventures to license this technology are in development, with Simpson-connected potential business partners. The team is also working in partnership with ISU’s CyBiz program on market discovery strategies.
Visium: A Simpson student’s parent has performed extensive research on using bio waste (hog manure) as an asphalt binding agent. The venture was recently awarded a patent for a continuous flow system that separates solids and liquids, adds heat and pressure, and then converts the waste stream to oil. EMERGE@Simpson is leading the project team to refine its value proposition and business model. It will then be prepared to construct its latest prototype, complete testing, and then raise venture capital to expand.
Elevate L.T. (Simpson Publishing House): A multi-discipline team of faculty, staff and a local self-publishing editing business are developing a proof of concept to create a student and faculty publishing house. Simpson faculty and students would have the opportunity to publish and sell their art, writing, music, etc. The business department and students would help administer the business. This would extend experiential learning opportunities and provide a common marketplace. A Capstone class team is developing the proof of concept with a multi-discipline faculty group and is performing market research on similar programs elsewhere.
Guerrilla Signs Service App: An innovative temporary sign company has engaged for EMERGE@Simpson to form a venture team that develops a custom web/mobile app for contracted parties to rent and service their signs. The value proposition is for the venture to become the Uber-type service for its sign franchises as they expand their sales and territory. A Capstone class team works with the venture owners, with the Emerge Foundation able to earn equity if the app is successfully launched.