This class will be comprised of different 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: 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 2: 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 3: Startup or Venture Capital Immersion: Students may arrange to work for a startup company or venture capital fund and participate in this course. While some opportunities to work with startups may be announced through Professor Ohmer and/or Professor Salari, students may also arrange their own startup work and propose the arrangement to Professor Ohmer and/or Professor Salari.
Note: Because participating students will work with proprietary information related to their field work, as a condition of participating in this program, all students may be required to sign Non-Disclosure Agreements particular to their tracks.
Enrollment in this class is allowed only with permission of Professor Adrian Ohmer or Professor Sogoal Salari.
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