This class will be comprised of four tracks that will allow students to explore ways to work in various innovation fields. The weekly class component will examine various legal and business principles related to innovation and support the students' field work. The students will spend significant time working on their projects in the field. Students will routinely discuss their field work in class.
Track 1: ZEAL - INVEST DETROIT & MERCURY FUND VENTURE CAPITAL LAB: Students will work with the Invest Detroit and Mercury Fund venture capital firms to learn the fundamentals of the venture capital process by assisting with deal due diligence, writing investment committee memos, and working with portfolio companies. Students will gain exposure to the venture capital and startup community in Ann Arbor and Detroit and sit in on actual deal and investment committee meetings. Students will be required to attend frequent meetings off campus, and workflow will vary with deal volume. Learn more about the lab here (http://www.legalnews.com/detroit/1402506). A competitive application process for this track will be announced in March.
Track 2: SOCIAL VENTURE FUND: Students will work as a law student advisor to the Ross School of Business's Social Venture Fund ("SVF") (http://www.umsocialventure.com/). Students will be required to attend the weekly SVF meeting (typically on Sunday afternoons) and actively participate in SVF. Once the fund selects potential companies in which to invest, students will join at least one due diligence team and be responsible for the legal due diligence on potential investments. For companies in which SVF votes to invest students will review the financing deal documents. This track is a year-long track, so students will be required to take this course both semesters.
Track 3: Office of Tech Transfer / MTC Autonomous Vehicle Project: Students will provide legal research support to the Office of Tech Transfer or the MTC legal working group (comprised of inhouse counsel from MTC leadership circle partners (http://www.mtc.umich.edu/partners/industry)). Students will immerse themselves in the legal and regulatory issues related to tech transfer and/or autonomous and connected vehicles. Enrollment in this Track is allowed only with permission of Bryce Pilz (firstname.lastname@example.org).
Track 4: Startup Immersion: Students may arrange to work for a local startup and participate in this course. While some opportunities to work with startups may be announced through Professor Ohmer, students may also arrange their own startup work and propose the arrangement to Professor Ohmer.
Note: Because participating students will work with proprietary information related to their field work, as a condition of participating in this program, all students will be required to sign Non-Disclosure Agreements particular to their tracks.
Enrollment in this class is allowed only with permission of Professor Adrian Ohmer (email@example.com).
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