@nuclearbootcamp
Nuclear Innovation Bootcamp
Join us as we bring #NIB2022 to a close!
Please join the final pitch competition tomorrow for the 2022 Nuclear Innovation Bootcamp followed by our keynote speech by Ross Radel, CTO of @shinetech_llc and the award ceremony - starting at 1PM CDT!
Come in person at the Pyle Center in Madison, Wisconsin or join the livestream at https://www.youtube.com/watch?v=1KBw1RgO-e0&list=PLFc7TTFpoVypEuBZclasMHFgrHl2f3M7x&index=3
#nuclearinnovation #innovation #nuclear #bootcamp #Nuclearenergy #nuclearengineering #nuclearentrepreneurs #nuclearenergyiscleanenergy #nuclearmatters #nuclearnerd #nuclearenergyiscleanenergy #NIB
Location: University of Wisconsin-Madison
#NIB2022 DAY2 started off with dynamic workshops presented by Leslie Dewan on Nuclear Market Fit. While Aditi Verma + @jamerhunt presented a workshop on Ethics + Responsible Design. Followed by Idea Generation presented by Ken Kahn to assist the #NIB2022Cohorts with their Team Project + Group Selection.
#NIB2022 #Nuclearenergy #nuclearengineering #nuclearenergyiscleanenergy #nuclearmatters #nuclearnerd #nuclearenergyiscleanenergy #NIB
Location: University of Wisconsin-Madison
#NIB2022 DAY 1
Many thanks to all the contributors for their contribution in making the start of Bootcamp a success!
THE PRESENTERS
*@gonuke for his presentation on Nuclear Innovation Bootcamp context.
*Harsh Desai for his presentation on Energy markets
*Caroline Cochran, Lou Martinez-Sancho, Nick Touran, Richard Pearson and Robert Braun for their presentation on Nuclear Startup Contexts.
*Christopher Ritter, Doug Bernauer, Ben Lindley and Cindy Vestergaard for their presentation on Cross-cutting Technology needs for Nuclear Companies
#NIB organizers for getting the brain juices flowing with the Pre-ideation exercise and last but not least to our opening ceremony guest speaker current @UWMadison #NuclearEngineering student and #MissWisconsin2022 @missamericawi
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#NIB2022 #Nuclearenergy #nuclearengineering #nuclearenergyiscleanenergy #nuclearmatters #nuclearnerd #nuclearenergyiscleanenergy #NIB
Location: University of Wisconsin-Madison
#NIB2022Cohorts @harunardi @josephfustero @dianagrandas @times_sqexcellence @alessioiuvara
@maxkarous @alphanurofficial
@javierpelegrinac @ramaponangi
@paris.p.b @rakhmat_eko @adyadhoy @cole__smith_
wazowskai
Accepting the Meet + Greet Activity with the #MarshmallowChallenge, where they must work together to build the tallest free-standing structure in just 18 minutes using no more than 20 sticks of spaghetti, one yard of tape, one yard of string, and one marshmallow. The marshmallow must be on top and cannot be deformed to hold it in place. The structure has to stand firmly on its own; it cannot be propped up, held, or suspended from the ceiling.
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#NIB2022 #Nuclearenergy #nuclearengineering #nuclearenergyiscleanenergy
Location: UW-Madison Department of Engineering Physics
#NIB2022 Cohort Has officially began!
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#nuclearenergy #nuclearengineering #nuclearmatters #nuclearnerd #nuclearenergyiscleanenergy
Location: University of Wisconsin-Madison
Starting the countdown to the #2022NIBCohort
#PyleCenterLounge is where all the social networking events for #NIB2022 will take place on the beautiful campus of @university_of_wisconsinmadison Hope to see you at the first social on August 1st (Day1). APPLY before the final deadline of May 22nd @11:59 PM(ET)> https://www.nuclearinnovationbootcamp.org/apply
As we talk more about innovations in nuclear, it is important to understand how the fund your idea. Starting a company can be expensive and in the case of nuclear reactor designs, you might need a significant amount of money. Raising money from investors is one of the most common ways to fund growth and it’s important to understand how the process works to make the best decisions for your business.
If you’re in the very early stages of your startup and need some initial capital to build your MVP, a pre-seed round can provide that. You might have an MVP or even just a mockup in Figma that shows how your product will work. But you likely won’t have a team built out or a fully developed product just yet.
Here’s a look at some of the things you should have when you’re seeking pre-seed funding:
Define the problem you’re trying to solve
A new or novel solution for that problem
A basic understanding of your market
Fundraising plan (how will you fund the business over time?)
An MVP (even if it’s a product mockup in Figma)
A plan for how you’re going to start getting early users or customers.
Seed funding would require:
A fully functional product (you’ve gone beyond mockups and Figma files)
Some level of product-market fit
People who use and like your product
More developed market research
Minimally viable team (these should be your first hires)
In some cases, revenue is expected (not always)
In both cases, primary sources of investments are founders themselves, friends, and family.
However, if you’re looking to raise hundreds of thousands of dollars at the seed stage (or even millions), you can look to angel investors and venture capitalists (VCs).
Also, keep in mind that you don’t need a laundry list of investors. If you can find 1-2 VCs or angels for the round, you don’t need to crowd your investor pool.
more at https://finmark.com/seed-series-a-b-c-d-funding/#pt1
#DOE #IAEA #NEA #NIA #UWisconsin #Innovatome #startup #nuclearstartup #AtomsfortheFuture #Nuclear4climate #cleantech #innovations #smr #advancedreactortechnologies #nuclearisgood #nuclearforhumanity #NIB #Bootcamp
Housing for participants at the #NIB2022 will be @university_of_wisconsinmadison very own #PhillipsHall, located on the western side of campus along the shores of #LakeMendota to take advantage of the picturesque views that Madison Wisconsin has to offer.
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APPLICATIONS still being accepted for the #NuclearInnovationBootcamp 2022, APPLY before the final deadline of May 22nd @11:59 PM(ET)> https://www.nuclearinnovationbootcamp.org/apply
#ICYMI The application deadline for the upcoming #NuclearBootcamp has been extended to May 22nd at 11:59 PM(ET) APPLY TODAY> https://www.nuclearinnovationbootcamp.org/apply
New horizons of nuclear power use: Zeno Power, a developer of advanced Radioisotope Power Systems (RPS), has raised a $20 million Series A funding round.
RPS work by converting the heat generated from the decay of specific radioisotopes directly into electricity, producing persistent, clean power for decades at a time. NASA has used RPSs to power more than 25 of its most storied missions over the last 60 years, including onboard the Perseverance rover that landed on Mars earlier this year. Zeno’s innovation is in its patented fuel and shielding design and a manufacturing process that the company has demonstrated through the development of several prototypes.
more at https://www.axios.com/zeno-power-raises-20-million-series-a-9c570ca0-e8bd-4a57-92a3-d27879954c60.html and https://www.forbes.com/sites/jamesconca/2021/12/09/zeno-power-providing-clean-power-in-all-the-hard-places/?sh=779617981485
#nuclearinspace #rtg #rts #DOE #IAEA #NEA #NIA #UWisconsin #Innovatome #AtomsfortheFuture #Nuclear4climate #cleantech #innovations #smr #advancedreactortechnologies #nuclearisgood #nuclearforhumanity #NIB #Bootcamp
Check out this 3D fly through of the Versitile Test Reactor. The VTR will be a fast spectrum reactor used to test materials and fuels at higher energies and fluxes than what is currently available. The VTR team includes 6 national labs and a long list of universities and companies.
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#fastreactor #vtr #neutrons #flux #nuclear #innovation #bootcamp #NIB2020 #technology #cleantech #climatechange #lowcarbon #zerocarbon #climate #climateaction #change #science #nature #environment
Have you heard about VTR? The Versatile Test Reactor,will be a state-of-the-art science and technology lab for advanced nuclear energy in the U.S. and will feature a sodium-cooled fast reactor that uses high energy neutrons to test and develop advanced reactor fuels and materials.
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Fast reactors use fast-moving neutrons to operate at higher temperatures and lower pressures. They can be cooled by molten salt, liquid metal, or helium gas. This leads to inherent safety features, higher operating efficiencies and less waste.
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Research conducted with VTR will be pivotal in creating new fuels, materials, instrumentation and sensors as well as developing methods to drastically extend lifetime reactor cores, boost fuel performance and even accelerate fusion research.
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Via Energy.gov
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#VTR #fastreactor #technology #moltensalt #liquidmetal #instrumentation #sensors #reactors #fusion #innovation #IAEA #NEA #NIA #SFEN #Innovatome #Atomsinaction #Nuclear4climate #nuclear #nucléaire #cleantech #climatechange #zerocarbon #GE #hitachi #prism