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Mike Abbott is an investor, innovation strategist, and product development expert with over three decades of experience transforming ideas into growth revenue. As a consultant and engineer, Mike has collaborated with over 4,500 technology teams across the corporate spectrum, from Fortune 500 giants to startups, government agencies, and non-profits.Mike's passion lies in transforming corporate innovation culture through data-driven, repeatable processes that monetize objective market needs. His approach creates lower-risk, higher-yield business models that drive growth for both new ideas and core business alike.A serial entrepreneur, Mike has been an equity partner in more than 17 businesses and has guided more than 250 products across industries from consumer goods to defense, medtech, and heavy manufacturing. His expertise in translating market insights into actionable strategies has made him a sought-after executive consultant in innovation processes, corporate innovation culture, and growth revenue creation.Mike's engineering background includes both a BS and MS in Mechanical Engineering from Virginia Tech. He holds a Project Management Professional (PMP) certification and is a licensed Professional Engineer in Virginia.Specialties: innovation consulting and coaching, Data-driven product development and strategy, building objective innovation processes, user-centric product design, engineering development, customer discovery, systems engineering, innovative design, commercialization of products and services from R&D to manufacture, development of NPD programs, integration of NPD into ISO certified design and manufacturing systems, consumer products, electro-mech design, systems integration, human integration, ergonomics, and design.
Caerus Venture Group
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Chief Executive OfficerCaerus Venture Group Dec 2023 - PresentVirginia, United StatesBuilding wealth and empowering communities through non-equity investing in businesses, projects, and capital assets.
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Managing Director And OwnerCambrian Design And Development Llc May 2014 - PresentBlacksburg, VaCambrian is a consulting firm focused on full life cycle product management and strategic product planning. We can either execute or train your employees to execute meaningful customer discovery using proven evidence-based entrepreneurship techniques in your search for meaningful, scalable, and strategic business models for your new product offering. Our team has years of experience helping hundreds of startups and companies break their innovation log jams through carefully designed and orchestrated interactions with existing and target new customers. We help define the product need and can then follow through by facilitating your ideation, design, engineering development, and manufacturing processes. Our close ties with industry leaders, universities, and federal laboratories allows us to leverage a national network of leading designers, technologies, entrepreneurs, and business leaders to solve your most frustrating problems. Whether your idea is new or simply a derivative within your existing product line, we help your transform and manage your product pipeline to ensure long term, sustainable success. As owner and managing director I serve as a lead mentor and coach in lean startup and serve as the senior mechanical and systems design engineer. Our core team of experts is ready to help you tackle your toughest business, market, and engineering challenges.
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Entrepreneur In ResidenceRamp (Regional Accelerator And Mentoring Program) May 2018 - PresentRoanoke VaRAMP is designed to have high impact on businesses with potential to create jobs and grow the economy in Virginia. RAMP serves highly technical companies from consumer electronics to medtech in defining go to market strategies using objective market-based data.
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Managing Director And OwnerIndustrial Biodynamics Llc May 2013 - PresentBlacksburg VaIndustrial Biodynamics has commercialized kinetic learning technologies out of the Virginia Tech Locomotion Laboratory. Among the training systems being provided is a slip simulator that allows corporations and institutions to reduce their incident rates of OSHA reportable slips, trips, and falls through a hands on, interactive training experience. Additionally, training systems have been developed to reduce long term soft tissue damage in workers exposed to repeated ingress and egress of industrial equipment such as delivery trucks, tractors, and heavy equipment. These kinetic training systems have been adopted by companies like UPS, URS, Los Alamos National Laboratories, Oak Ridge, GE, National Grid, and others.
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InstructorNsf Icorps - With Regional Affiliation To Dmv Hub Oct 2013 - PresentVirginia TechDC I-Corps is a regional program designed to foster, grow and nurture an innovation ecosystem in the nation’s capital, the nearby states of Maryland and Virginia, and the mid-Atlantic region. The program is sponsored by the National Science Foundation (NSF) and jointly run by the University of Maryland College Park, George Washington University, and Virginia Tech. The program provides real world, hands-on training on how to successfully incorporate innovations into successful products. The ultimate goal is to create a new venture or licensing opportunity for program participants.The DC I-Corps curriculum was developed, and is taught, by successful technology entrepreneurs. Each participant in the DC I-Corps program engages extensively with industry. Over the course of several weeks, teams talk to a minimum of one hundred customers, partners, competitors, and other market stakeholders. During this time, teams seek to define a solid product-market fit while building a viable business model for their innovation.
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Co-Founder And Co-OwnerBlacksburg Escape Jan 2017 - Mar 2019102 East Roanoke Street, Blacksburg, VirginiaIt was fun while it lasted. It was never intended to be a long term project. We had fun, lots of laughs, a creative outlet. And now we're closed and off doing other things. Stay tuned.In case I didn't have enough to do... we've added another and it's awesome! What happens when a couple of engineers and a business development expert need a creative outlet? Blacksburg Escape happens. www.blacksburgescape.com
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Professor Of Practice, Pamplin College Of BusinessVirginia Tech Jan 2015 - Apr 2015Blacksburg, VaFaculty Director of Innovate Living Learning Communityhttp://www.housing.vt.edu/llc/communities/innovate.html -
President & Director Of New Product DevelopmentAdaptive Technologies Inc Jan 2006 - Jul 2014Blacksburg, VaResponsible for strategic business development, securing funding opportunities, and serving as a senior technical lead on all design and development programs and projects. Senior Product Development Engineer 2006 - 2010, Director of New Product Development 2010-2011, VP and Dir NPD 2011-2013, President and Dir NPD 2013 - Present.
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Chairman Of The BoardNew River Writers Project Jul 2009 - Feb 2012The New River Writers Project produces and promotes literature and other works of art that preserve local history and culture, support educational and arts initiatives, and celebrate a sense of place in Southwest Virginia.By becoming the New River Valley’s leading promoter of “art of place,” we will improve awareness of our shared culture, strengthen our educational system and build communities within this region we call home.
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Senior Product Development EngineerKey Technologies, Inc. Jul 2000 - Jan 2006Turn key new product development engineering and design for both internal and external customers. Electro-mechanical design. -
Research AssistantVirginia Tech 1998 - 2000Taught undergraduate kinematics and research laboratories while working to publish research results in dynamics, controls, and kinematics in various conference proceedings and journals.
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EngineerNavair 1996 - 1998While at NAVAIR I worked as a systems engineer with technical oversight of technology development programs for both Human Systems and Mechanical Subsystems. Among the project teams on which I served were HEEDS, COMBAT EDGE, 3-axis Inertia Reels, Crashworthy Seating, V-22 Wing Fold Blade Stow, F-18E/F Leading Edge Flaps and Wing Fold, Transparencies, HEELS, and others.
Mike Abbott Pe, Pmp Skills
Mike Abbott Pe, Pmp Education Details
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Dynamics And Control
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Kinematics, Turbomachinery, Mechanical Design
Frequently Asked Questions about Mike Abbott Pe, Pmp
What company does Mike Abbott Pe, Pmp work for?
Mike Abbott Pe, Pmp works for Caerus Venture Group
What is Mike Abbott Pe, Pmp's role at the current company?
Mike Abbott Pe, Pmp's current role is Turning NEW IDEAS into GROWTH REVENUE through proven INNOVATION processes..
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What schools did Mike Abbott Pe, Pmp attend?
Mike Abbott Pe, Pmp attended Virginia Polytechnic Institute And State University, Virginia Tech.
What are some of Mike Abbott Pe, Pmp's interests?
Mike Abbott Pe, Pmp has interest in Children, Education, Environment, Manufacturing, Science And Technology, New Technologyproduct Developmentdesign, Arts And Culture, Health.
What skills is Mike Abbott Pe, Pmp known for?
Mike Abbott Pe, Pmp has skills like Product Development, Project Management, Strategy, Management, Product Design, Product Management, Start Ups, Program Management, Engineering, Strategic Planning, Business Development, Manufacturing.
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