Grasshopper partners with Universities to identify, investigate, and de-risk potential venture opportunities within its ecosystem of technologies around a specific innovation gateway. A Venture Builder fills an 'Entrepreneurial Lead' position built to find ideas that are translatable across the climate venture landscape. The Entrepreneurial Lead finds a real-world problem that needs solving, connects with researchers to engineer solutions with entrepreneurial potential, and identify business opportunities associated with solving that problem. The goal is to accelerate the creation of ventures from the University ecosystem. Rather than starting with a solution, we start by defining unrecognized opportunities around problems and technology spaces then identify hidden white spaces within research and technology to solve that problem.
Like a private-sector venture studio, we curate ideas from within the University ecosystem of labs and shepherds them to market. A key distinction from private-sector studios is that we deeply embed within a specific University research community while integrating multiple disparate organizations (DOE Labs & External Universities) into the ventures we create. We start with problems first – seeking out the world’s hardest problems then building ventures to solve them.
We perform as drivers of new venture formation by extending and applying deep technical knowledge. We are not burdened by prior experience on how things should be done, but instead are totally dedicated to discovering the “right” answer and not making the problem fit a particular answer.
We lead team formation and research through the early development phases then join for a period of one to two years. We oversee and develop multiple venture exploration and building projects and foster a multi-disciplinary problem-solving culture. We join a resulting Grasshopper Venture as senior management.
We oversee a team of Venture Fellows. In early phases, we train, employ, and supervise this select group tasked with overseeing the management of projects.
The University Venture Building Process is designed to reduce barriers traditionally present in centralized, university-based entrepreneurship programs by creating a more inclusive, transparent and innovative ecosystem where university & National Lab intellectual capital is fully leveraged, and students, faculty, and external stakeholders can co-create, invest in, and democratize the process of turning research and innovation into practical, real-world applications that can address the global challenges posed by climate change, help mitigate environmental impact, stimulate economic growth, & benefit humanity as a whole.
We combine deep technical experience, creative vision and relevant market knowledge to uncover opportunities while recruiting faculty and students to participate in the Grasshopper Ventures process. Our University model is intentionally designed for industries like climate tech, sustainability and other areas where collaboration between various specialized University & DOE Labs can accelerate innovation and commercialization. The University Venture Building model is designed to accelerate the commercialization of breakthrough technologies, drive social and environmental impact, and enhance the overall capacity to address the pressing challenges of climate change and sustainable development.
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