Tahoe Silicon Mountain

Ton igh t 's ev en t m ad e p ossib le by

NewLeaders.com ClearCapital.com

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Fostering the Startup

Community in Reno-Tahoe

Eric D. MadisonExecutive Directoreric@cubeatmidtown.com@ericmadison@CUBEatMidtown

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What is an Entrepreneur?

“Someone who creates and builds a new way of doing business with an unreasonable expectation of success.”

Eric D. Madison

“A person who jumps out of a plane and builds the parachute on the way down.”

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We are not “Little Vegas” anymore!

Top Reno-Tahoe Economic Issues

No Snow = No Winter Sports

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•Economy is getting Stronger

•Bay Area is getting more Expensive & Less Productive• Smart Companies and People are looking for a better quality of life• Reno-Tahoe is a short drive away but a million light years apart!

•Boulder and Austin are proof …“The world doesn’t revolve around Silicon Valley”

The Calm before the PERFECT STORM

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Top Entrepreneurial Assets

We are NOT the Bay Area!

Traffic!

Cost of Living

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Top Entrepreneurial Assets

Young Talented People with Passion!

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1,000 People moving to the area every MONTH

Top Entrepreneurial Assets

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Top Entrepreneurial Roadblocks

•Access to Capital

•Experienced Executive Management

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INCUBATOR

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www.cubeatmidtown.com @CUBEatMidtown

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What is The CUBE?

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What is an Accelerator, Incubatorand a Startup Community Center?

• Accelerator:• A 2 to 6 month program focused on sorting out all the

organizational, operational and strategic difficulties that might face a business. The outcome of an accelerator program is being investor ready.

• Incubator: • A 6 month to 3 year program focusing on mentoring, supporting

and nurturing the business from inception through adolescence to self-sustainable adulthood.

• Startup Community Center:• A place where any Entrepreneur can come to come to gain the

knowledge to turn a good idea into a great company• Education• Networking

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•90% - Percentage of Startup Companies that Fail

•60% - Percentage that Fail after an Accelerator or Incubator Program

• Accelerator Programs in the US: >300• Incubators in the US: >1,300

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To help foster the creation, development and growth of new businesses in Reno-Tahoe a by providing our clients and the community access to a robust ecosystem of quality human and capital resources.

We are committed to providing entrepreneurs with a nurturing, professional environment where early-stage companies can grow, prosper and graduate to become successful self-sustainable businesses.

What is The CUBE?

Our Mission

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What is The CUBE?

The CUBE will be a premier innovative business accelerator, incubator and startup community center that provides high quality support to Reno-Tahoe Entrepreneurs and Investors.

To our Entrepreneurs we will provide:• High-Quality Mentoring & Advice• Community Oriented Co-Working Space• A Network of Qualified Early-Stage Investors & Financing Sources• Access to Quality Resources including Product Development, Technology,

Marketing, PR, Finance, HR, Accounting and Business Development To our Investor Network we will provide:

• Qualified Fundable Deal Flow• Due Diligence Assistance• Help Recruiting Qualified Management & Advisors

To the Community we will provide:• A Collaborative Ecosystem for Entrepreneurial Development• High-Quality Educations Services (Classes, Seminars and Events)• Affordable Meeting Space

Vision

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Core Competencies

What is The CUBE?

• Relationships:• We are committed to developing long-term relationships with

entrepreneurs, the media, investors, government agencies, public/private institutions, other accelerators & incubators and third-party service providers and building confidence and trust with these entities.

• Expertise:• We bring the highest level of expertise to our clients, partners and

the community. Our staff and network is comprised of experts in various industries, technologies and functional areas.

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Client Onboarding Process

ValidationPeriod

14 Days

Accelerator Program

60 Days

Incubator Program

18-24 Months

• Completed Business Plan?• Defined Product?• Defined Market (TAM & SAM)?• Defined Customer?• Investor Deck & 1-Pager?• Able to Pay?

Virtual Client Physical or Virtual Client

• Draft Business Plan?• Coachable Founders?

• Robust Business Plan?• Product Meeting Market Need?• Go-To-Market Plan?• Customer Support Plan? • Customer Traction?

• Generating Revenue?

Phase 1Pre Product Launch

Phase 2 Post Product Launch

• Sustainability Plan

ProgramGraduation

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Education

CUBE Programs

Idea Validation

• Acquisition• Franchising• IPO

Starting a Business 101

• Market Analysis• Customer Validation• Pitch Camps

• Funding Options• Boot Strapping• Angel• Venture Capital• Crowdfunding• Private Equity

• IP Protection• Sales Process• Marketing

• Managing Growth

• Finance Mgmt

Lunch n’ Learns - Workshops - Labs – Panel Discussions – Speaker Series

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Success Story

2015 Incubator Program Graduate

International Milk Bank

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Questions?

Eric D. MadisonExecutive Directoreric@cubeatmidtown.com@ericmadison@CUBEatMidtown