Starting a Company

ACS President H.N Cheng presents a free webinar series on entrepreneurship in the chemical enterprise. Register now for our small business and entrepreneurship themed mini-series to guide you through the complicated process of starting a company!

Sole Proprietorship
to Incorporation

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Wed, July 21, 2021 @ 2-3pm ET

Featuring: Jim Verdonik, Corporate Attorney, Innovate Capital Law / Benji Jones, Corporate Attorney, Innovate Capital Law /  H.N. Cheng, 2021 ACS President and Research Chemist, US Department of Agriculture / Jim Skinner, President & CEO, Terregena Inc. and Chair, ACS SCHB  

What You Will Learn:

  • How Founders Agreements and organization documents set the rules you’ll live by for a long time 
  • Why allocating equity ownership to founders, employees, contractors and investors takes a lot of planning 
  • How tax issues play important roles in planning

Intellectual
Property

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Wed, July 28, 2021 @ 2-3pm ET

Featuring: Kenneth Sibley, Senior Patent Counsel, Carbon Inc. / H.N. Cheng, 2021 ACS President and Research Chemist, US Department of Agriculture / Jim Skinner, President & CEO, Terregena Inc. and Chair, ACS SCHB

What You Will Learn:

  • The basics of intellectual property, how it must be protected, and the importance of filing date
  • What are the pros and cons of a patent filing or a provisional patent
  • What are the various types of patents and what is Freedom to Operate

How to Organize
Your New Firm

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Wed, August 11, 2021 @ 2-3pm ET

Featuring: Jim Skinner, President & CEO, Terregena Inc. and Chair, ACS SCHB / H.N. Cheng, 2021 ACS President and Research Chemist, US Department of Agriculture / Diane Grob Schmidt, 2015 ACS President

What You Will Learn: 

  • How to organize your team during the early stages
  • How to organize the structure of your company during the early stages
  • How your team and organizational structure may evolve in the growth and maturity stages in order to address challenges and opportunities
This ACS Webinar Series is co-produced with ACS Industry Member Programs, ACS President-Elect, ACS Board Committee on Corporation Associates, ACS Committee on Technician Affairs, the ACS Division of Small Chemical Businesses, and the ACS Division of Business Development and Management.

Recordings of Previous Webinars


Where Do You Get Funding?

Featuring: H.N. Cheng, 2021 ACS President and Research Chemist, US Department of Agriculture / Jim Skinner, President & CEO, Terregena Inc.and Chair, ACS SCHB / Diane Grob Schmidt - 2015 ACS President

What You Will Learn:

  • The many sources of funding and their impact on ownership
  • The importance of milestone achievements for valuation purposes
  • The criteria and terms that investors use to make investing decisions

Do You Need a Business Plan?

Featuring: H.N. Cheng, 2021 ACS President and Research Chemist, US Department of Agriculture / Jim Skinner, President & CEO, Terregena Inc.and Chair, ACS SCHB / Diane Grob Schmidt - 2015 ACS President

What You Will Learn:

  • Why it is critically important to have detailed Business Plan
  • What are the sections of a Business Plan
  • What is the goal of the Business Plan