Are you starting a new business in ICT? Have you reached the stage where you have proven technical feasibility, had interaction with your target industry, but have not yet reached regular sales? If your answer to these questions is yes, we invite you to come and learn more about the 2015 Edition of inRes! Deadline to submit an application May 8, 2015! www.cmuportugal.org inRes is a very early stage acceleration program for Portuguese entrepreneurial teams working in Information and Communication Technologies, in Portugal. Offered by the CMU Portugal Program, which is funded by Fundação para a Ciência e a Tecnologia, inRes provides a training period in Portugal, followed by a two-month structured immersion period in Pittsburgh, in the U.S., anchored at Carnegie Mellon University (CMU).

1. www.cmuportugal.org
2015 Edition of inRes
Very Early Stage Acceleration Program
Training in Portugal followed by a two-month immersion in the US

2. www.cmuportugal.org
Carnegie Mellon Portugal Program
Pioneer in the development of
collaboration and partnership models
Mission:
Create new knowledge in key focused areas of information and communications technologies by means of cutting-
edge research, world-class graduate education, and a close connection with Portuguese Industry, thus placing Portugal
at the forefront of Science and Innovation.
Strategic Areas:
Knowledge CreationTalent Development
Partners:
Research Institutions
Portuguese Universities
Public Organizations
and Companies
Carnegie Mellon
University
Innovation
Instruments:
inRes
Dual
Degree
Programs
Faculty
Exchange
Program
Entrepreneurial
Research
Initiatives
Early
Bird
Projects
Undergraduate
Internships
Program
Industry
Affiliates
Program

3. www.cmuportugal.org
Vibrant Ecosystem
Education, Research and Innovation
Education
~300
Dual
Degree
Students
> 200
Alumni
> 400
Faculty
Members
~60
Faculty
Exchanges
from
Portugal to
CMU
Research
10
Early Bird
Projects
Innovation
Creation of
10 Startups
9
Portuguese
inRes Teams
20
Undergraduate
Internship
Members
25
Collaborative
Projects
6
Entrepreneurial
Research
Initiatives
Impact in >90
Organizations

4. A variety of
forms and
purposes for
collaboration
4
2015
Edition of
inRes:
Partners

5. www.cmuportugal.org
Early stage high-tech new ventures, in particular academic spin-offs, led by less experienced entrepreneurs,
often have human and social capital gaps.
Entrepreneurial teams in these
contexts often lack:
specific competences for the management of
early stage technology businesses
mentoring and contacts with
potential advisors contacts with potential customers,
partners, industry experts, and funding
As a consequence, they may develop more slowly
and with inferior performance
2015 Edition of inRes
Problem Addressed

6. www.cmuportugal.org
• inRes seeks to address these hurdles by providing inRes teams a training period in
Portugal, followed by a two-month structured immersion period in Pittsburgh, in the
U.S., anchored at Carnegie Mellon University (CMU).
• inRes teams will benefit of an environment with a high density of world-leading
research groups, as well as market and industry specialists, in a variety of high-
tech areas.
• Principles of Steve Blank’s Lean LaunchPad Methodology
• inRes is a natural step for the CMU Portugal Program. Since its inception, and
through its multiple initiatives in education, research and innovation, the Program
has directly contributed to the creation of 10 startups.
2015 Edition of inRes
Approach

7. www.cmuportugal.org
2015 Edition of inRes
Structure
Application &
Selection
(Portugal)
Until May 8
Call
June 19
Announce
Results
Preparation
Phase
(Portugal)
Week of June
22
Week of July
13
Week of July
27
Week of Aug.
31
Immersion
Phase (U.S.)
Sept. to Nov.
Networking
and Business
development
Internship at
Accelerator
Training
Program
Closing
Session
(Portugal)
Dec.
(Tentative)
Program Overview Customer Development Operations & Partners
Art of Pitching Value Proposition Venture Deals
Strategic Assessment Market Research CMU Ecosystem

8. www.cmuportugal.org
Networking
and business
development
Mentor
Iterate product/service and
business concepts Develop contacts Engage advisors
Internship at
accelerator
Work side by side with
other startups
Share challenges and
approaches
Training
program
Workshops and seminars
in managerial development
Periodic meetings with
mentors and faculty
members
n pitching
n customer development
n managing technology
n hiring and developing a team
n personal management
n executing and selling
n budgeting and funding
n building and leading a board
n venture deals
2015 Edition of inRes
Streams of Work
¡ Aspects of managerial development

9. www.cmuportugal.org
2015 Edition of inRes
inRes Teams Profile
§ a strong and committed team, capable of taking advantage of an immersion period in
the US;
§ an ICT-based product/service, with proven technical feasibility, a clear value
proposition, and a clear competitive advantage;
§ a product/service that caters to a strong need, in a large market, with a favorable
competitive position;
§ a realistic path to market;
§ a reasonable level of initial interactions with target markets and industries, and
minimally consistent product/service and business concepts;
§ projects that are not yet established regularly selling products/services.

10. www.cmuportugal.org
¡ The inRes Program delivers:
§ Valuable international networking opportunities
§ Advanced training in high-tech startup management
§ The opportunity to work side by side with CMU entrepreneurs
¡ The inRes Program will help your team to:
§ Critically evaluate and sharpen the fundamentals of your business idea
§ Learn from successful technology entrepreneurs
§ Learn from experts in your technology, market, industry
§ Develop your entrepreneurial management skills
§ Address challenges in your development path
§ Network and share problems and solutions with peers
2015 Edition of inRes
Overview

11. www.cmuportugal.org
• A global research university with more than 12,500 students.
• Internationally ranked research university with programs in areas ranging from science,
technology and business, to public policy, the humanities and the arts.
• 19 Nobel Laureates in five of the six categories.
www.cmu.edu
Campuses:
PITTSBURGH, SILICON VALLEY, QATAR
Degree-granting programs:
AFRICA, ASIA, AUSTRALIA, EUROPE AND LATIN AMERICA
Alumni:
98,000 IN NEARLY 130 COUNTRIES
2015 Edition of inRes
Carnegie Mellon University

12. www.cmuportugal.org
2015 Edition of inRes
Carnegie Mellon University
¡ Carnegie Mellon University has quickly become one of the fastest growing entrepreneurial
universities in the United States:
§ Ranks first among the Association of American Universities (AAU) schools in the number of
startups per research dollar. (analysis of the five-year Association of University Technology
Managers data 08-12).
§ Helped to greenlight more than 1,000 companies across industries such as robotics,
software applications, energy, health care and finance.
§ In 2013 CMU’s award-winning professors and students produced a record number of 36 new
companies.
¡ CMU's main campus is located in Pittsburgh, the second-largest city in the U.S. Commonwealth
of Pennsylvania.

13. www.cmuportugal.org
2015 Edition of inRes
The inRes Network
Guest Speakers of the 2014 Edition of inRes
Core Experts
Paulo Marques,
Feedzai
Rogério Carapuça,
Novabase
Pedro Guedes
Oliveira, FEUP
Mário Zenha Rela,
Dognaedis & RedLight
Vasco Pedro,
Unbabel
Nikhil Balram,
Ricoh Innovations
João Claro, CMU
Portugal Program
Dave Mawhinney,
CIE-CMU
Tara Branstad,
CTTEC - CMU
Reed McManigle,
CTTEC - CMU
Suzi Pegg, Pittsburgh
Regional Alliance
Successful entrepreneurs, organization leaders
Among others

14. www.cmuportugal.org
2015 Edition of inRes
Key Dates
April 8 - May 8, 2015 Call for Applications
June 1-12, 2015 Selection Process with In-person Interviews
June 19, 2015 Announcement of the Results
June to Sept., 2015 Training in Portugal
Sept. 21 - Nov. 6,
2015
Immersion in Pittsburgh
Nov. – Dec., 2015 Follow-up Meetings
Closing Session

15. www.cmuportugal.org
¡ Organized by:
§ CMU Portugal Program
¡ In partnership with:
§ Carnegie Mellon University (through CIE and CTTEC)
§ Pittsburgh Regional Alliance
§ UTEN Portugal Program
§ INESC TEC
¡ Funded by:
¡ Fundação para a Ciência e a Tecnologia
2015 Edition of inRes
Partners

16. www.cmuportugal.org
2014 Edition of inRes
Moments
n AddVolt, Displr, Followprice and Xhockware were
chosen through a competitive selection process,
which included a personal interview with each of
the 14 teams that submitted an application.
n While in Pittsburgh, the teams participated on the
Techstars/Sprint Accelerator at CMU; on the
LaunchCMU Demo & Poster Session; on the Three
Rivers Venture fair; and attended several
workshops organized in the scope of the NSF I-
Corps Site at CMU; among others.

17. www.cmuportugal.org
inRes Alumni

18. www.cmuportugal.org
Are you starting a new business in ICT? Have you reached the stage where
you have proven technical feasibility, had interaction with your target
industry, but have not yet reached regular sales?
If your answer to these questions is yes, we invite you to come and learn more
about the 2015 Edition of inRes!
www.cmuportugal.org :: inres@cmuportugal.org
2015 Edition of inRes
Very Early Stage Acceleration Program

19. www.cmuportugal.org
Carnegie Mellon Portugal Program
Pioneer in the development of
collaboration and partnership models
Mission:
Create new knowledge in key focused areas of information and communications technologies by means of cutting-
edge research, world-class graduate education, and a close connection with Portuguese Industry, thus placing Portugal
at the forefront of Science and Innovation.
Strategic Areas:
Knowledge CreationTalent Development
Partners:
Research Institutions
Portuguese Universities
Public Organizations
and Companies
Carnegie Mellon
University
Innovation
Instruments:
inRes
Dual
Degree
Programs
Faculty
Exchange
Program
Entrepreneurial
Research
Initiatives
Early
Bird
Projects
Undergraduate
Internships
Program
Industry
Affiliates
Program