Since 2007, the P.I., Young Cho, has sought to start a company based on a number of his ideas in audio and image processing, sensor network, energy harvesting, and power monitoring. He entered MEPC competition in 2013 on the topic of power monitoring on chip and won fourth place. This effort has led to funding of NSF AIR-TT funding and NSF STTR Phase I funding for the topic. Through these experiences, he has learned more effective ways to narrow down needs of the customers to finding the best product concept to start a successful company.
The power monitoring project has been modified over the last 3-4 years based on the customer feedback and has been assigned to be led by his former PhD student, Andrew Goodney, who is, now, one of the CS faculty in USC.
Leveraging his entrepreneurship experiences, the P.I. has begun a process of starting another high impact business based on an original audio processing project that he has conceived and investigated back in 2007. Our current demonstration system uses a novel algorithm which is shown to be valid and more effective than any other existing systems. This unique algorithm gives us the technical advantage over other competitors.
However, the P.I. understands that there is more to a business than just the technology. Therefore, he has put together a technical team for this project is composed of his research students who have expertise in signal processing, embedded systems development, as well as software development. Furthermore, the team is working with a veteran business advisor, John Sweet, who has 20+ years of experience in business development (13 of which was spent at USC Stevens Institute) but has recently left USC to start an independent company.