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Business Technology Business Technology Incubation/AccelerationIncubation/Acceleration
Business Technology Business Technology Incubation/AccelerationIncubation/Acceleration
By Neil vanHooydonkBy Neil vanHooydonkBy Neil vanHooydonkBy Neil vanHooydonk
The Law of The WildThe Law of The WildBy Rudyard KiplingBy Rudyard Kipling
The Law of The WildThe Law of The WildBy Rudyard KiplingBy Rudyard Kipling
AND THIS IS THE LAW OF THE WILDAND THIS IS THE LAW OF THE WILDAS TRUE AND AS BLUE AS THE SKYAS TRUE AND AS BLUE AS THE SKY
AND THE WOLF THAT KEEPS IT WILL PROSPERAND THE WOLF THAT KEEPS IT WILL PROSPERBUT THE WOLF THAT BREAKS IT WILL DIE BUT THE WOLF THAT BREAKS IT WILL DIE
LIKE THE VINE THAT CIRCLES THE TREE TRUNKLIKE THE VINE THAT CIRCLES THE TREE TRUNKTHIS LAW RUNNETH FORWARD AND BACKTHIS LAW RUNNETH FORWARD AND BACKTHE STRENGTH OF THE PACK IS THE WOLFTHE STRENGTH OF THE PACK IS THE WOLF
AND THE STRENGTH OF THE WOLF IS THE PACKAND THE STRENGTH OF THE WOLF IS THE PACK
DefinitionsDefinitionsDefinitionsDefinitions
IncubateIncubatevb. to keep (as an embryo) under vb. to keep (as an embryo) under
conditions favorable for conditions favorable for developmentdevelopment
AccelerateAcceleratevb. To bring about earlier : to vb. To bring about earlier : to
speed upspeed up
IncubateIncubatevb. to keep (as an embryo) under vb. to keep (as an embryo) under
conditions favorable for conditions favorable for developmentdevelopment
AccelerateAcceleratevb. To bring about earlier : to vb. To bring about earlier : to
speed upspeed up
The Goals of The Goals of IncubationIncubation
The Goals of The Goals of IncubationIncubation
A supportive environment where A supportive environment where new new entrepreneurs receive training in entrepreneurs receive training in business management skillsbusiness management skills & & marketingmarketing
Buffered from stiff market forces with Buffered from stiff market forces with below-market rent, reduced fees for below-market rent, reduced fees for services & a greater access to seed services & a greater access to seed capitalcapital
Have an impact on both the client firms Have an impact on both the client firms & the local economy& the local economy
A supportive environment where A supportive environment where new new entrepreneurs receive training in entrepreneurs receive training in business management skillsbusiness management skills & & marketingmarketing
Buffered from stiff market forces with Buffered from stiff market forces with below-market rent, reduced fees for below-market rent, reduced fees for services & a greater access to seed services & a greater access to seed capitalcapital
Have an impact on both the client firms Have an impact on both the client firms & the local economy& the local economy
The goal of business/technology incubation is to provide:
Types of IncubatorsTypes of Incubatorsbased on their primary sponsorsbased on their primary sponsors
Types of IncubatorsTypes of Incubatorsbased on their primary sponsorsbased on their primary sponsors
Not-For-Profits:Not-For-Profits:– University & college-sponsoredUniversity & college-sponsored– Provincial/local government-Provincial/local government-
sponsored (or publicly-sponsored) sponsored (or publicly-sponsored) For-Profits: For-Profits:
– Private corporatePrivate corporate HybridsHybrids
– Local government & private Local government & private subsidysubsidy
Not-For-Profits:Not-For-Profits:– University & college-sponsoredUniversity & college-sponsored– Provincial/local government-Provincial/local government-
sponsored (or publicly-sponsored) sponsored (or publicly-sponsored) For-Profits: For-Profits:
– Private corporatePrivate corporate HybridsHybrids
– Local government & private Local government & private subsidysubsidy
Types of IncubatorsTypes of Incubatorsdiffer by the priorities set forth differ by the priorities set forth
by their funding agencyby their funding agency
Types of IncubatorsTypes of Incubatorsdiffer by the priorities set forth differ by the priorities set forth
by their funding agencyby their funding agency
To develop firms & to To develop firms & to stimulate entrepreneurshipstimulate entrepreneurship
Pursue job creationPursue job creation Technology developmentTechnology development Product developmentProduct development ProfitProfit
To develop firms & to To develop firms & to stimulate entrepreneurshipstimulate entrepreneurship
Pursue job creationPursue job creation Technology developmentTechnology development Product developmentProduct development ProfitProfit
Types of IncubatorsTypes of Incubatorsdiffer by the priorities set forth differ by the priorities set forth
by their funding agency (continued)by their funding agency (continued)
Types of IncubatorsTypes of Incubatorsdiffer by the priorities set forth differ by the priorities set forth
by their funding agency (continued)by their funding agency (continued)
Economic diversificationEconomic diversification University research University research
commercializationcommercialization Business investment opportunitiesBusiness investment opportunities Tax base expansion for local Tax base expansion for local
governmentgovernment Development of a core of local Development of a core of local
high-technology companieshigh-technology companies Venture capital development & Venture capital development &
neighborhood revitalizationneighborhood revitalization
Economic diversificationEconomic diversification University research University research
commercializationcommercialization Business investment opportunitiesBusiness investment opportunities Tax base expansion for local Tax base expansion for local
governmentgovernment Development of a core of local Development of a core of local
high-technology companieshigh-technology companies Venture capital development & Venture capital development &
neighborhood revitalizationneighborhood revitalization
6 Dimensions of an 6 Dimensions of an IncubatorIncubator
6 Dimensions of an 6 Dimensions of an IncubatorIncubator
1.1. Facilities & locationFacilities & location
2.2. Shared servicesShared services
3.3. Tenant entry & exit criteriaTenant entry & exit criteria
4.4. Mentoring & networkingMentoring & networking
5.5. Funding & supportFunding & support
6.6. Incubator governanceIncubator governance
1.1. Facilities & locationFacilities & location
2.2. Shared servicesShared services
3.3. Tenant entry & exit criteriaTenant entry & exit criteria
4.4. Mentoring & networkingMentoring & networking
5.5. Funding & supportFunding & support
6.6. Incubator governanceIncubator governance
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Incubator min. 30kftIncubator min. 30kft22 of rental of rental space space
Room to expand in order to be Room to expand in order to be able to generate enough income able to generate enough income to be self-sustainableto be self-sustainable
Flexible space to manage tenants’ Flexible space to manage tenants’ variable needsvariable needs
Min. 10 in-residenceMin. 10 in-residence
Incubator min. 30kftIncubator min. 30kft22 of rental of rental space space
Room to expand in order to be Room to expand in order to be able to generate enough income able to generate enough income to be self-sustainableto be self-sustainable
Flexible space to manage tenants’ Flexible space to manage tenants’ variable needsvariable needs
Min. 10 in-residenceMin. 10 in-residence
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Proximity to university(ies), or Proximity to university(ies), or research labsresearch labs
Located in a high-tech facility w Located in a high-tech facility w telecommunications telecommunications infrastructureinfrastructure
Actual & Virtual Incubation: Habit Actual & Virtual Incubation: Habit of enrolling non-resident clients of enrolling non-resident clients as well as resident clientsas well as resident clients
Proximity to university(ies), or Proximity to university(ies), or research labsresearch labs
Located in a high-tech facility w Located in a high-tech facility w telecommunications telecommunications infrastructureinfrastructure
Actual & Virtual Incubation: Habit Actual & Virtual Incubation: Habit of enrolling non-resident clients of enrolling non-resident clients as well as resident clientsas well as resident clients
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Homology between incubator & client’s needsHomology between incubator & client’s needs Business Plan with Pro FormaBusiness Plan with Pro Forma Technology sophisticationTechnology sophistication Potential growth & job creationPotential growth & job creation
Homology between incubator & client’s needsHomology between incubator & client’s needs Business Plan with Pro FormaBusiness Plan with Pro Forma Technology sophisticationTechnology sophistication Potential growth & job creationPotential growth & job creation
Selection Committee to prescreen potential clients: Selection criteria includes:Selection Committee to prescreen potential clients: Selection criteria includes:
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
R&D intensityR&D intensity Occupational mix of the management teamOccupational mix of the management team Practical experiencePractical experience Personal commitmentPersonal commitment
R&D intensityR&D intensity Occupational mix of the management teamOccupational mix of the management team Practical experiencePractical experience Personal commitmentPersonal commitment
Selection Committee to prescreen potential clients: Selection criteria includes:Selection Committee to prescreen potential clients: Selection criteria includes:
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
An Advisory Committee for each tenant An Advisory Committee for each tenant companycompany
Opportunities for tenants to network Opportunities for tenants to network among themselves, industry, & with among themselves, industry, & with contacts of the advisory/mentor group contacts of the advisory/mentor group members members
The funding from private, public or The funding from private, public or government organizations to support the government organizations to support the heavy costs of the real estate heavy costs of the real estate componentcomponent
An Advisory Committee for each tenant An Advisory Committee for each tenant companycompany
Opportunities for tenants to network Opportunities for tenants to network among themselves, industry, & with among themselves, industry, & with contacts of the advisory/mentor group contacts of the advisory/mentor group members members
The funding from private, public or The funding from private, public or government organizations to support the government organizations to support the heavy costs of the real estate heavy costs of the real estate componentcomponent
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions
The Executive Director (manager) is a highly The Executive Director (manager) is a highly motivated visionary individual whose goal is motivated visionary individual whose goal is to see his/she tenant firms succeed, to see his/she tenant firms succeed, who who has been-there-&-done-that successfullyhas been-there-&-done-that successfully
Boards of Directors are responsible for Boards of Directors are responsible for policy & not day-to-day operations policy & not day-to-day operations (manager) & bureaucracy is kept to a (manager) & bureaucracy is kept to a minimumminimum
The incubator is The incubator is focused more on support focused more on support programsprograms than on space or physical than on space or physical infrastructureinfrastructure
The Executive Director (manager) is a highly The Executive Director (manager) is a highly motivated visionary individual whose goal is motivated visionary individual whose goal is to see his/she tenant firms succeed, to see his/she tenant firms succeed, who who has been-there-&-done-that successfullyhas been-there-&-done-that successfully
Boards of Directors are responsible for Boards of Directors are responsible for policy & not day-to-day operations policy & not day-to-day operations (manager) & bureaucracy is kept to a (manager) & bureaucracy is kept to a minimumminimum
The incubator is The incubator is focused more on support focused more on support programsprograms than on space or physical than on space or physical infrastructureinfrastructure
Factors Related Factors Related to Incubator Failureto Incubator Failure
Factors Related Factors Related to Incubator Failureto Incubator Failure
Costs of the facility (build-out, rent, Costs of the facility (build-out, rent, utilities, maintenance, building utilities, maintenance, building construction)construction)
Low occupancy in the buildingLow occupancy in the building Tight cash flowTight cash flow Lack of focus on the programsLack of focus on the programs A feasibility study & a careful A feasibility study & a careful
situation analysis is a must before a situation analysis is a must before a new incubator facility is creatednew incubator facility is created
Costs of the facility (build-out, rent, Costs of the facility (build-out, rent, utilities, maintenance, building utilities, maintenance, building construction)construction)
Low occupancy in the buildingLow occupancy in the building Tight cash flowTight cash flow Lack of focus on the programsLack of focus on the programs A feasibility study & a careful A feasibility study & a careful
situation analysis is a must before a situation analysis is a must before a new incubator facility is creatednew incubator facility is created
Data from the National Business Incubator Association (NBIA) study of 40 incubators that ceased to operate in the USData from the National Business Incubator Association (NBIA) study of 40 incubators that ceased to operate in the US
Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?
CharacteristicCharacteristic AverageAverage
Square FootageSquare Footage 38,98838,988
# of Tenants# of Tenants 13.913.9
# employees/tenant# employees/tenant 5.15.1
# of graduate # of graduate firms/yrfirms/yr
1.71.7
# of graduates per # of graduates per incubator employeeincubator employee
30.430.4
% of firms remaining % of firms remaining in the communityin the community
8686
Sources: Culp (1996), Wolf et al. (1999 and 2000)Sources: Culp (1996), Wolf et al. (1999 and 2000)
Incubating technology contributes Incubating technology contributes to the strengthening of our to the strengthening of our national system of innovation national system of innovation
Public sector cost per direct job Public sector cost per direct job created ranges from $3k to $12 created ranges from $3k to $12 per jobper job
Incubating technology contributes Incubating technology contributes to the strengthening of our to the strengthening of our national system of innovation national system of innovation
Public sector cost per direct job Public sector cost per direct job created ranges from $3k to $12 created ranges from $3k to $12 per jobper job
Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?
~20% Differential~20% Differential
Incubator CharacteristicsIncubator CharacteristicsIncubator CharacteristicsIncubator Characteristics
63.2 % large urban areas63.2 % large urban areas 82.5% age 4 –10 yr.s82.5% age 4 –10 yr.s 83% 83% assistanceassistance in obtaining funding in obtaining funding 94% services to non-resident clients94% services to non-resident clients 67% of client companies remain 1-3 67% of client companies remain 1-3
yr.syr.s 54% of graduates are still in 54% of graduates are still in
existenceexistence 19% merged or sold since leaving19% merged or sold since leaving 26.5% discontinued after leaving26.5% discontinued after leaving
63.2 % large urban areas63.2 % large urban areas 82.5% age 4 –10 yr.s82.5% age 4 –10 yr.s 83% 83% assistanceassistance in obtaining funding in obtaining funding 94% services to non-resident clients94% services to non-resident clients 67% of client companies remain 1-3 67% of client companies remain 1-3
yr.syr.s 54% of graduates are still in 54% of graduates are still in
existenceexistence 19% merged or sold since leaving19% merged or sold since leaving 26.5% discontinued after leaving26.5% discontinued after leaving
How Incubators Are How Incubators Are FundedFunded
How Incubators Are How Incubators Are FundedFunded
Gov./private/university subsidyGov./private/university subsidy Sponsors (law firms, accounting Sponsors (law firms, accounting
firms,etc.)firms,etc.) Portfolio Companys’ Fees/RentPortfolio Companys’ Fees/Rent Portfolio Companys’ EquityPortfolio Companys’ Equity
– Trigger eventTrigger event– Longterm ROILongterm ROI– High RiskHigh Risk
1) Training/education center; 1) Training/education center; environment of environment of entrepreneurship; develop entrepreneurship; develop managerial, business, & managerial, business, & leadership skills; leadership skills;
1) Training/education center; 1) Training/education center; environment of environment of entrepreneurship; develop entrepreneurship; develop managerial, business, & managerial, business, & leadership skills; leadership skills;
What is Incubation all What is Incubation all about!about!
What is Incubation all What is Incubation all about!about!
What is Incubation all What is Incubation all about!about!
What is Incubation all What is Incubation all about!about!
2) Rapidly plug-in to an entire 2) Rapidly plug-in to an entire community, surrounding them community, surrounding them with services & expertise; with services & expertise; make connections to strategic make connections to strategic partners & capital providers; partners & capital providers;
2) Rapidly plug-in to an entire 2) Rapidly plug-in to an entire community, surrounding them community, surrounding them with services & expertise; with services & expertise; make connections to strategic make connections to strategic partners & capital providers; partners & capital providers;
What is Incubation all What is Incubation all about!about!
What is Incubation all What is Incubation all about!about!
3) 3) Roadmap:Roadmap: A rigorous, systematic, proven A rigorous, systematic, proven program of mentoring & oversight by in-house program of mentoring & oversight by in-house experts & advisory teams which increases experts & advisory teams which increases their probability of success; & their probability of success; &
• 4) in the process creating economic growth & benefit for humanity.
3) 3) Roadmap:Roadmap: A rigorous, systematic, proven A rigorous, systematic, proven program of mentoring & oversight by in-house program of mentoring & oversight by in-house experts & advisory teams which increases experts & advisory teams which increases their probability of success; & their probability of success; &
• 4) in the process creating economic growth & benefit for humanity.
The Commercialization The Commercialization Process Model Process Model (Roadmap)(Roadmap)The Commercialization The Commercialization
Process Model Process Model (Roadmap)(Roadmap) The Concept PhaseThe Concept Phase
– Stage 1: InvestigationStage 1: Investigation
The Concept PhaseThe Concept Phase– Stage 1: InvestigationStage 1: Investigation
• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction
• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction
• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity
• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity
The Commercialization The Commercialization Process Model Process Model (Roadmap)(Roadmap)The Commercialization The Commercialization
Process Model Process Model (Roadmap)(Roadmap) The Concept PhaseThe Concept Phase
– Stage 1: InvestigationStage 1: Investigation
The Concept PhaseThe Concept Phase– Stage 1: InvestigationStage 1: Investigation
• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction
• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction
• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity
• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity
Roadmap:Roadmap: Intentional Intentional Systematic Evolution Systematic Evolution
ProcessProcess
Roadmap:Roadmap: Intentional Intentional Systematic Evolution Systematic Evolution
ProcessProcessPhase Phase (Stages)(Stages)
Bus.Bus. Tech.Tech. Fin.Fin. QualitQuality/Reg.y/Reg.
Concept Concept PhasePhase
Dev. Phase Dev. Phase
Commercial Commercial PhasePhase
LaunchLaunch
RegulatoryRegulatory Medical Advisory NetworkMedical Advisory Network Strategic AlliancesStrategic Alliances
RegulatoryRegulatory Medical Advisory NetworkMedical Advisory Network Strategic AlliancesStrategic Alliances
Services Specific to Services Specific to Medical Technology IncubationMedical Technology Incubation
Services Specific to Services Specific to Medical Technology IncubationMedical Technology Incubation
StakeholdersStakeholdersCapital
Providers Network
Capital Providers Network
Quality/Regulatory
Affairs
Quality/Regulatory
Affairs
StrategicAlliance Network
StrategicAlliance Network
Medical Advisor Network
Medical Advisor Network
Business Technology IncubationSupport/Services/Networks
Business Technology IncubationSupport/Services/Networks
R&D AllianceR&D
Alliance
Training & Forums
Training & Forums
Service Providers Network
Service Providers Network
CommercializationProgram
CommercializationProgram
Space & Shared Services
Space & Shared Services
Program CompanyProgram Company
CoachingCoaching
DFW Metroplex+DFW Metroplex+IncubatorsIncubators
DFW Metroplex+DFW Metroplex+IncubatorsIncubators
StarTech Early StarTech Early VenturesVentures
StarTech Early StarTech Early VenturesVentures
Located In Richardson, TXLocated In Richardson, TX VC FundedVC Funded STARTech has invested $29.5 million in STARTech has invested $29.5 million in
over 40 companies. over 40 companies. These companies have gone on to raise These companies have gone on to raise
$832 million in venture capital and private $832 million in venture capital and private equityequity
StarTech Early VenturesStarTech Early Ventures http://startechev.com/http://startechev.com/
NTECNTECNTECNTEC
North Texas Enterprise Center for Medical North Texas Enterprise Center for Medical TechnologyTechnology
Private-publicPrivate-public MedTech FocusMedTech Focus Larry Calton, Ex. Dir.Larry Calton, Ex. Dir. Hall Office ParkHall Office Park
2611 Internet BLVD, Suite 1092611 Internet BLVD, Suite 109Frisco, TX 75034Frisco, TX 75034214-618-6832214-618-6832http://www.ntec-inc.orghttp://www.ntec-inc.orgNTECNTEC
BMCBMCBMCBMC
Biotech Manufacturing Center of Texas Biotech Manufacturing Center of Texas 1704 Enterprise Street 1704 Enterprise Street Athens, Texas 75751Athens, Texas 75751Phone: (903) 677-0835 Phone: (903) 677-0835 Fax: (903) 677-0674Fax: (903) 677-0674
Gary San MiguelGary San Miguel GMiguel@bmc-texas.orgGMiguel@bmc-texas.org www.bmc-texas.orgwww.bmc-texas.org
Home Page
About The BMC
BMC Services
Extrusion Facility
Molding Facility
Device Design & Machining
Clean Room / Pad Printing
Contact The BMC
BMC's Multi-Lumen Profile Extrusions... Please click on the picture for an enlarged view.
Welcome to the Biotech Manufacturing Center of Texas...
Growing companies and building careers...
The Biotech Manufacturing Center of Texas is a unique, innovative manufacturing medical facility and incubator, FDA registered, that will exceed your expectations for quality extrusions, injection molding, contract clean room manufacturing, project management, product development, research & development, and clear-cut savings. Our on site staff of experienced medical device specialists, business counselors, and marketing consultants, providing total resources for your success, thus taking your device concept to market. Contact us today at 903-677-0835…
BMC... The Biotech Manufacturing Center of Texas
Home Page
About The BMC
BMC Services
Extrusion Facility
Molding Facility
Device Design & Machining
Clean Room / Pad Printing
Contact The BMC
BMC's Multi-Lumen Profile Extrusions... Please click on the picture for an enlarged view.
BMC... The Biotech Manufacturing Center of Texas
RoadmapRoadmapRoadmapRoadmap
TechFortWorthTechFortWorthTechFortWorthTechFortWorth
Public-private partnership of the Public-private partnership of the University of North Texas Health University of North Texas Health Science Center at Fort Worth, The City Science Center at Fort Worth, The City of Fort Worth, and the Fort Worth of Fort Worth, and the Fort Worth business communitybusiness community
Darlene Ryan, Ex. Dir.Darlene Ryan, Ex. Dir. 1120 South Freeway 1120 South Freeway
Fort Worth, Texas 76104 Fort Worth, Texas 76104 P: 817.339.8968, F: 817.810.0167 P: 817.339.8968, F: 817.810.0167 http://www.info@techfortworth.org http://www.info@techfortworth.org
Research Valley Innovation Research Valley Innovation CenterCenter
Research Valley Innovation Research Valley Innovation CenterCenter
RVIC is a science & technology incubatorRVIC is a science & technology incubator Bryan College Station, TXBryan College Station, TX The Research Valley Partnership, The The Research Valley Partnership, The
Texas A&M University System’s Office of Texas A&M University System’s Office of Technology Commercialization, Texas Technology Commercialization, Texas A&M University, and The Texas A&M A&M University, and The Texas A&M University System Health Science CenterUniversity System Health Science Center
James Lancaster, General ManagerJames Lancaster, General Manager 979.260.1755 ext. 101 james@rvic.org979.260.1755 ext. 101 james@rvic.org http://www.rvic.orghttp://www.rvic.org
Go North Young Go North Young EntrepreneurEntrepreneur…Go North!…Go North!
Go North Young Go North Young EntrepreneurEntrepreneur…Go North!…Go North!
Un. of Oklahoma Office of Un. of Oklahoma Office of Technology Development Technology Development
(OTD)(OTD)
Un. of Oklahoma Office of Un. of Oklahoma Office of Technology Development Technology Development
(OTD)(OTD) Spinoff Companies: since 1998, Spinoff Companies: since 1998,
has created 30 companies, has created 30 companies, generated >$65M in capital, generated >$65M in capital, >$10M in cash & $20M in est. >$10M in cash & $20M in est. equity value for the University equity value for the University
i2E, Inc.i2E, Inc.i2E, Inc.i2E, Inc.
Private not-for-profitPrivate not-for-profit Located in Okla (@ Presbyterian Health Located in Okla (@ Presbyterian Health
Foundation Research Park) & TulsaFoundation Research Park) & Tulsa Access to Capital:Access to Capital:
– OCAST Technology Business Finance OCAST Technology Business Finance Program (TBFP) Program (TBFP)
– Enterprise Oklahoma Venture Fund (EOVF)Enterprise Oklahoma Venture Fund (EOVF)– Statewide business plan competition for Statewide business plan competition for
college students: $100,000 in cash prizescollege students: $100,000 in cash prizes
i2E, Inc.i2E, Inc.i2E, Inc.i2E, Inc.
Presbyterian Health Foundation Presbyterian Health Foundation Research Park IncubatorResearch Park Incubator
840 Research Parkway, Suite 250840 Research Parkway, Suite 250
Oklahoma City, OK 73104Oklahoma City, OK 73104
405/235-2305405/235-2305
Contact: Greg MainContact: Greg Main
http://www.i2e.orghttp://www.i2e.org
Intellectual Asset Management, Shane Intellectual Asset Management, Shane Lashley, Co-Founder Lashley, Co-Founder – IP Worthiness SystemIP Worthiness System
Neil vanHooydonk, Dir. Medical Innovations Neil vanHooydonk, Dir. Medical Innovations – Roadmap For Transformation SolutionsRoadmap For Transformation Solutions
For-Profit, Private IncubatorFor-Profit, Private Incubator
17300 Preston Rd. (on McCallaum), Suite 30017300 Preston Rd. (on McCallaum), Suite 300
Dallas, 75252Dallas, 75252
http://www.iplaunch.com/http://www.iplaunch.com/
214-438-1100214-438-1100
Neil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An IncubatorNeil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An Incubator
1.1. $ UNDER THEIR CONTROL$ UNDER THEIR CONTROL2.2. Successful Track RecordSuccessful Track Record3.3. Been-There-Done-That StaffBeen-There-Done-That Staff4.4. Roadmap: Internal Entrepreneurship TrainingRoadmap: Internal Entrepreneurship Training5.5. $ Within Their Sphere Of Influence$ Within Their Sphere Of Influence6.6. Homology: Focus-Fit-MarchHomology: Focus-Fit-March7.7. External MentoringExternal Mentoring8.8. Rapid Plug In To Service ProvidersRapid Plug In To Service Providers9.9. Executive SuiteExecutive Suite10.10. LocationLocation
Neil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An IncubatorNeil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An Incubator
1.1. $ UNDER THEIR CONTROL$ UNDER THEIR CONTROL2.2. Successful Track RecordSuccessful Track Record3.3. Been-There-Done-That StaffBeen-There-Done-That Staff4.4. Roadmap: Internal Entrepreneurship TrainingRoadmap: Internal Entrepreneurship Training5.5. $ Within Their Sphere Of Influence$ Within Their Sphere Of Influence6.6. Holology: Focus-Fit-MarchHolology: Focus-Fit-March7.7. External MentoringExternal Mentoring8.8. Rapid Plug In To Service ProvidersRapid Plug In To Service Providers9.9. Executive SuiteExecutive Suite10.10. LocationLocation
Q & AQ & AQ & AQ & A
Neil vanHooydonkNeil vanHooydonkMobile: 214-642-9905Mobile: 214-642-9905
Neil vanHooydonkNeil vanHooydonkMobile: 214-642-9905Mobile: 214-642-9905
has three decades of experience in managing & mentoring product has three decades of experience in managing & mentoring product development from concept to R&D, through clinical studies and regulatory development from concept to R&D, through clinical studies and regulatory approval to commercialization in national and international startups and approval to commercialization in national and international startups and multinational medical device companies. multinational medical device companies.
was a medical physicist in two major university medical centerswas a medical physicist in two major university medical centers was Marketing Planning Manager for Phillips Medical Systemswas Marketing Planning Manager for Phillips Medical Systems has consulted to GE Medical, Toshiba, Siemens, and Philips Medical Systemshas consulted to GE Medical, Toshiba, Siemens, and Philips Medical Systems was the Founding Executive Director of the North Texas Enterprise Center for was the Founding Executive Director of the North Texas Enterprise Center for
Medical Technologies (NTEC) in Frisco, TXMedical Technologies (NTEC) in Frisco, TX is an internationally recognized expert in government regulatory affairs and is an internationally recognized expert in government regulatory affairs and
sat on the Board of Directors of the National Electrical Manufacturers sat on the Board of Directors of the National Electrical Manufacturers Association (NEMA).Association (NEMA).
was a member of the founding team of the Medical Device Action Alliance was a member of the founding team of the Medical Device Action Alliance (MDAA) now part of the Greater Dallas/Fort Worth Chamber of Commerce(MDAA) now part of the Greater Dallas/Fort Worth Chamber of Commerce
was President of Medevco, Inc., Dallas, TX, a start-up focusing in obstetrical was President of Medevco, Inc., Dallas, TX, a start-up focusing in obstetrical technology.technology.
was CEO of Cryodynamics, a start-up with which developed a minimilly was CEO of Cryodynamics, a start-up with which developed a minimilly invastive cryoablation technology, which sold the IP to Medtronixs and invastive cryoablation technology, which sold the IP to Medtronixs and SanarusSanarus