Essentials of Starting a Technology Company

When: Wednesday, March 26, 2014 at 4:30 pm
Where: SNL 111
Speaker: Roy Miller, PhD
Organization: Northeastern University
Sponsor: IGERT Nano-Bio Innovation Seminar

This presentation will introduce best practices for company foundation as recommended in
Northeastern’s Health Sciences Entrepreneurs Program, including things that need to be done
as a new venture proceeds from inception through commercialization. The topic of funding will
be explored in detail. A specific private placement fundraising process, with criteria and results,
will be presented for eRAD Inc., a radiology workflow software company in order to illustrate
founder’s agreements, fundraising, capitalization tables, dilution and exit. Finally, the softer
side of starting a business will be addressed. This piece deals with the mission, goals, and value
systems that guide emerging enterprise. The importance of selecting employees, investors, and
business partners with shared values will be stressed. Again, examples will be drawn from the
speaker’s experiences at eRAD and elsewhere.

Dr. Roy W. Miller has more than thirty years of experience in the development and
commercialization of high technology systems and products. As a Senior Manager at Polaroid
Corporation, he led the development of a number of state‐of‐the‐art imaging products, and was
a founder and COO of Polaroid’s Medical Imaging Systems Division. Dr. Miller has held executive
positions at Sterling Diagnostic Imaging, CombiMartix Corporation, and eRAD Inc.