inRes, short for “in Residence,” is a very early stage acceleration program for entrepreneurial teams working in Information and Communication Technologies (ICT), in Portugal, offered by the Carnegie Mellon Portugal Program. The program is targeted to entrepreneurial teams that: want to start a company and commercialize a technology; have proven technical feasibility of their product or service; have had enough initial interaction with their target markets and industries, to have minimally consistent product or service and business concepts; and are not yet established companies regularly selling their products or services. The Carnegie Mellon Portugal Program, funded by the Portuguese Fundação para a Ciência e a Tecnologia (FCT), is responsible for the coordination of inRes, in partnership with Carnegie Mellon University (CMU), Pittsburgh Regional Alliance (PRA), and UTEN Portugal.

1. +
inRes 2014 Edition
Very Early Stage Acceleration Program
Education,
Research and
Innovation
Ecosystem

2. +
Contents
n CMU Portugal Program:
An International Driver for Innovation
n inRes 2014 Edition
n Q&A
2

3. +
Who the Program Is
Portuguese
Universities
Portuguese
Research
Institutions
Carnegie Mellon
University
Faculty and
Researchers
Companies
> 700
Members
3

4. +
What the Program Does
Portuguese
Universities
Portuguese
Research
Institutions
Carnegie Mellon
University
Faculty and
Researchers
Companies
Talent
Development
Collaborative
Research
Industry
Partnership
Technology
Entrepreneurship
Information and
Communication
Technologies
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5. +
Core Instruments
Talent Development
• Dual Degree Graduate
Programs
• Internships in Top Companies
• Faculty Exchange Program
• Distinguished Visitor Chairs
Joint Research and
Commercialization
• Entrepreneurial Research
Initiatives (ERIs)
• Early Bird Projects (EBPs)
• inRes - Entrepreneurship in
Residence
Industry
Affiliates
• ICT Forum
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6. +
inRes
Very Early Stage
Acceleration Program
6
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
Problem Addressed
Early stage high-tech new ventures, in particular academic
spin-offs, led by less experienced entrepreneurs, often have
human and social capital gaps.
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7. +
inRes: Goals
n Very early stage acceleration program for entrepreneurial
teams working in Information and Communication
Technologies, in Portugal.
n Aims at accelerating and strengthening the development of
startup projects.
n Training in Portugal
n Six-week Immersion in Pittsburgh and CMU, in the U.S.
Participating in inRes will be very intense and challenging!
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8. +
inRes:Target
n Entrepreneurial teams that:
n want to start a company and commercialize a technology;
n have proven technical feasibility of their product or service;
n have had enough initial interaction with their target markets
and industries, to have minimally consistent product or service
and business concepts;
n and are not yet established companies regularly selling their
products or services.
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9. +
Entrepreneurial & inRes Teams
Entrepreneurial Team
inRes Team
Fulltime
Ideally founders
or/and leaders
Combine business
and technology
Other Team
Members
9

10. +
inRes: Preliminary Schedule
10
Application &
Selection
(Portugal)
Until April 30
Call
May, 19
Announce
Results
Preparation
Phase
(Portugal)
Week of June
2
Kick-off
Meeting
Week of June
21
Product/
Service
Business
Week of July
14
Feedback
and Iteration
Week of Sept.
8
Immersion
Outlook and
Planning
Immersion
Phase (U.S.)
Oct. to Nov.
Networking
and Business
development
Internship at
Accelerator
Training
Program
Closing
Session
(Portugal)
Dec.
Pitching;
Communication Skills
Practicalities

11. +
inRes: Preparation in Portugal
11
Preparation
Phase (Portugal)
Week of June 2
Kick-off Meeting;
Start Product/
Service Tasks
Portuguese,
CMU and PRA
Teams
Week of June 21
Product/Service
Business
Tara Brandstad
(CTTEC)
Dave
Mawhinney
(CIE)
Week of July 14
Feedback and
Iteration
Portuguese,
CMU and PRA
Teams
Week of Sept. 8
Immersion
Outlook and
Planning
Suzi Pegg (PRA)
Pitching;
Communication Skills
Practicalities

12. +
inRes: Immersion in the U.S.
12
Immersion
Phase (U.S.)
Oct. to Nov.
Networking
and Business
Development
Internship at
Accelerator
Training
Program

13. +
inRes: Core Teams
13
Suzi Pegg, Vice President of Global Marketing,
Pittsburgh Regional Alliance (PRA)
Dave Mawhinney, Co-Director,
CMU Center for Innovation and Entrepreneurship (CIE)
Co-Director, Carnegie Mellon Center for Innovation and Entrepreneurship
Tara Branstad, Associate Director,
CMU Center for Technology Transfer and Enterprise Creation (CTTEC)
João Claro, National Director,
CMU Portugal Program
Heads the Innovation and Technology Transfer Unit at INESC Porto, and heads the
Entrepreneurship and Innovation academic area, at Porto Business School

14. +
inRes: Mentors
n For the immersion period, each inRes team is assigned at
least one mentor, who will help the team progress, mostly
within the streams of work concerned with networking and
business development, and the accelerator internship.
n Mentors do not manage the teams, make decisions for
them, or perform the work that they are expected to carry
out.
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15. +
inRes:Why CMU and Pittsburgh?
n The exposure to CMU’s innovation ecosystem, stimulating
and enabling top talent to generate and pursue
groundbreaking ideas, and transform them into viable
businesses, has been crucial in this process.
n In 2013, faculty and students at CMU launched a record
number of 36 new companies.
n CMU's main campus is located in Pittsburgh, the second-
largest city in the U.S. Commonwealth of Pennsylvania.
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16. +
inRes: Deliverables
n The work is supported by a set of tools and deliverables,
converging at the end of the initiative into:
n a group report on collectively learned lessons;
n and team reports containing:
n the current understanding of product/service and business
concepts;
n contacts developed and their role in the future of the startup;
n a profile of the team’s managerial capabilities;
n the identification of aspects to be developed in the future.
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17. +
inRes: Support
n There are no fees for participation in any of the activities of
the inRes initiative.
n For the immersion period in Pittsburgh, in the U.S., the CMU
Portugal Program expects to provide support for the plane
trips between Portugal and Pittsburgh, and an
International Master-Level Mobility Grant, for each inRes
team member, to cover living expenses.
n The participants will incur all other expenses in Portugal and
in the United States.
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18. +
inRes: Eligibility and Application
n Eligibility:
n Portuguese citizens or citizens of other countries who hold permanent
resident status in Portugal, holding a master degree, are eligible to
apply to inRes.
n Only projects that are not yet established regularly selling products/
services may apply.
n The application form will identify and describe (in English):
n the entrepreneurial team and the two members that will participate
in inRes;
n the endorsers (support letters);
n the technology, product/service, market, and business model;
n the development stage and path to market.
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19. +
Key Dates
19
Deadline to
Submit
Applications
April 30, 2014
In-person
Interviews May 1 to 15, 2014
Results
Announcement May 19, 2014
Training in
Portugal June to September, 2014
Immersion in
the U.S. October and November, 2014
Final Public
Session December, 2014

20. + n Participating in inRes will be very
intense, challenging and worthy!
n inRes pushes teams past their comfort
zone, requiring them to work at a
steep pace, in uncertain settings, and
reaching out for contacts to further
build and validate their business
project.
inRes
Very Early Stage
Acceleration Program
Applications are open until April 30, 2014!
www.cmuportugal.org
inRes@cmuportugal.org
§ Training in Portugal
§ Six-week Immersion in
Pittsburgh and CMU, in the U.S.