Northeast Indiana Innovation Center, INC.

Transcription

1 Northeast Indiana Innovation Center, INC. Capital Talent Place-making Connectivity

2 WELCOME ABOUT Championing Entrepreneurs in Northeast Indiana We are on the side of entrepreneurs championing them each step of their venture paths. We advocate, support, connect and coach. And much more. As Indiana s fifth certified innovation park, we are a comprehensive entrepreneurial resource center for all stages of a venture s life cycle. We exist to empower, inspire, and propel our clients toward success and significance. Entrepreneurs significantly impact a community s economic vitality and health. Over 90% of all net new job creation in the United States is the result of start-ups and young companies. While innovation is important, entrepreneurship translates innovations into jobs and companies. This results in products and services that are demanded by our world. It fuels the economy and raises the standard of living in communities. This, in turn, makes communities more attractive to creative people who may want to live and work there. Competitive edge. That s what we offer our clients. We offer more than 6 years of experience, providing evidence-based entrepreneurial resources and pathways at The NIIC. We advance individuals and companies looking to start, build or grow a business. Take a look at our Innovation Park Performance on pages 4 and 5. We understand entrepreneurs. Our NIIC Team knows what it means to make payroll. To build a high-growth, high-potential business. To fail forward. To pivot for a greater success. We strengthen your odds of success. WE ARE THE NORTHEAST INDIANA Innovation Center The NIIC is a non-profit, community-based entrepreneurial resource center that assists in the growth and development of innovative companies in Northeast Indiana. our mission To be rocket fuel for great ideas, people, and businesses Who & How we serve We help entrepreneurs launch and grow businesses. Our vision To be known as a top entrepreneurial community of choice How do we do this? Strategically by focusing on the 4 Pillars of Entrepreneurial Success. These include: Capital, Talent, Place-making, and Connectivity. We lead clients through this strategic focus to grow their businesses faster and stronger. You ll find more information about this on page 6. Today s innovative, growth-oriented businesses engage with The NIIC through diverse offerings. From custom-tailored business development and coaching services to robust programs to our signature conference series. Learn more about these on pages 7-5. As a recognized global leader in entrepreneurial excellence, The NIIC also serves as an extension of management teams. We augment limited resources to keep a company focused on building and growing. We celebrate their successes and encourage their learning and pivots as they fail smarter in delivering their game-changing innovations to the marketplace. We are entrepreneurial doers. It is in our DNA. We welcome the chance to engage with you to discuss building and growing your venture! Karl R. LaPan President and CEO pre-company NIIC Program: Side By Side Affiliate Coaching Business Model Canvas Business Value of Innovation pre-revenue NIIC Programs: Side By Side Affiliate Coaching, Business Incubation, NIIC Navigator Business Model Search & Execution IP Protection & Business Entity Strategies Seed Funding and Bootstrapping Start-ups NIIC Programs: Side By Side Affiliate Coaching, Business Incubation, Seed Accelerator Resource/Partner Identification Business, Marketing & Sales Planning Voice of the Customer Human Capital Development Seed Funding and Bootstrapping EMERGING GROWTH NIIC Programs: Seed Accelerator, Emerging Growth Center Talent Acquisition Partnership Identification/Execution Access to Capital Infrastructure/Scaling of Venture Corporate Innovation NIIC Programs: NIIC Navigator, Advisory/ Consulting Services, Remote Innovation Office/Building on Campus Spin-offs, Soft Landing/Global Connections to Other Geographic Locations, Skunkworks Innovation Management Ideation and Creativity Services In ADDITION + NIIC offers programs that specialize in providing resources, services, mentors and training for aspiring students (NIIC Student Venture Lab) and for the women-owned, ethnic minorities and immigrants through its Women s Economic Opportunity Center (WEOC).

3 The NIIC Innovation Park Performance innovation Metrics payroll & employment $94.3 MILLION Since 2006 Total Client / Park Payroll $5. $ 2. 8 million million Taxes since 2006 Fiscal Year 206 2, Full-Time Equivalent Employees From x Direct Jobs Since inception Jobs Multiplier Battelle Study $53,99 Average Wage Rate 4 Since 2006 SYNERGY 5,000 + VIP Guests & Visitors in ~ WEOC Clients Served SVL Program Clients Since Inception U.S. Patents Applied or Issued New Products Launched Success Outcomes capital investment $42.3 $36.2 million In Research Grants Includes Leverage Funding million In Client Capital Investment (Since 2006) 98.2% 9.6% *Business Retention National Average 89% **Survivability Rate National Average 87% Residential Clients in 205 *Retention = stays in Northeast Indiana service area **Survivability = still in business 5 years after inception 5

4 WHY NIIC? NIIC PROGRAMS The NIIC provides a competitive edge for today s innovative and growth-oriented businesses. Professional success Address By collaborating and engaging with entrepreneurs and our community, we foster the right environment for your team and for your venture s success. Office Space & a Network of Mentors Realize your entrepreneurial dreams through the NIIC. We deliver value-added services and programs to address the four entrepreneurial success pillars for building a business. The NIIC s Incubator ranks among the best in the country. The office spaces, wet lab spaces and dry lab spaces are fully furnished, plug and play and ready to move into to begin launching your business. Every new resident receives the Innovation Center s coaching program at no additional charge as well as a wide network of mentors and service providers. 4 resource pillars of Entrepreneurial Success Destination: Your Future A Coworking Program Capital Creating accessible pathways to funding 6 Talent Growing a pipeline of next generation entrepreneurial doers & thinkers Place-making Building a vibrant entrepreneurial workplace & community Connectivity Networking & facilitating entrepreneurial idea collisions, energy & success This program provides a professional, shared office workspace in a community atmosphere. Clients receive a semi-private cubicle office space with lockable storage, a phone, complimentary wireless connection, a business address and use of four beautifully appointed conference rooms. No long-term lease is required. 7

5 EMERGING GROWTH CENTER A Center for Quickly Growing Companies Specialized Business Coaching Entrepreneurial Education ProgramS WEOC is a statewide program based in Fort Wayne, and strategically located in and operated by the Northeast Indiana Innovation Center (The NIIC). Contact us today to get started on your business. The Emerging Growth Center features large spaces for clients needing more than 2,000 square feet. It is both a facility for graduate clients as well as second stage and growth stage ventures desiring more independence while also taking advantage of the amenities, infrastructure and positive brand association with the NIIC. Formal Applied Entrepreneurial Learning The NIIC is the regional leader in community entrepreneurial outreach and education. This includes lean startup, fast test, acceleration and immersive and experiential learning. NAVIGATOR Your Entrepreneur i al GP S 8 Women s Economic Opportunity Center (WEOC) TM NIIC Navigator online toolset, Your Entrepreneurial GPS, will launch in the first quarter of 207. It is designed to provide a customized roadmap that recognizes the uniqueness of each entrepreneur and their path to venture success. This includes starting, building, and growing a business. The NIIC Navigator recognizes that planned paths change and re-routes in real time to create both a history and tasks/training for your new path. The NIIC Navigator is available to both resident and remote NIIC clients. We offer timely and immediate assistance to women entrepreneurs at any stage in their venture path, from business idea and start-up through growth and expansion. WEOC was designed to understand and respond to the unique needs of women entrepreneurs. WEOC is funded in part through a cooperative agreement with the US Small Business Administration. Mentor program Guidance & Support for the NIIC Clients The NIIC s Mentor Program delivers guidance and support to clients by pairing them with external, volunteer mentors with a similar business focus as them. The NIIC volunteer mentors have the depth of experience and knowledge to provide transactional mentoring for quick results. 9

6 talent nexus Student Venture Lab (SVL) Program Qualifications Mentoring Women Entrepreneurs one - four owners At least one of which must be a Northeast Indiana high school, university student, or recent graduate within the last 3 years low capital needs And a quick path to revenue PORTABLE VENTURE One that may be taken to college and then moved back to Northeast Indiana NORTHEAST INDIANA A sincere intent to locate long-term in Northeast Indiana Innovative Venture A technology venture or a highly innovative, game-changing non-tech venture Women s Economic Opportunity Center (WEOC) assists women entrepreneurs who face barriers in starting their own businesses, including access to equity, mentorship and growth tools to create successful businesses. WEOC and Diverse Talent Strategies partnered to offer a program uniquely developed for women entrepreneur needs. A key component of the program is mentoring. Creating and nurturing mentoring relationships is key to entrepreneurial success. This program pairs women entrepreneurs with mentors to help advise them through the challenges they may encounter. The program also includes curriculum-based leadership skills training modules, aligned with unique networking opportunities to connect them to professional business leaders. For SVL ventures completing all 3 program phases, the NIIC could provide up to $3,500 funding support. STUDENT VENTURE LAB (SVL) program 0 Young business owners who are accepted into the program receive a cash investment plus in-kind investments that include a bundle of office space on The NIIC campus and personal coaching. 2 3 PHASE : PHASE 2: PHASE 3: Business Model Search Student - Owned Startup Ventures This SVL Program offers a unique opportunity for entrepreneurial-minded students high school and college to potentially start a business. Based upon the highly successful model used by technology startup accelerator TechStars, The NIIC s SVL Program offers seed investment and much more to selected student-owned startup technology ventures. Business Model Execution Scale & Grow PHASE : During the Phase of the program, ventures are expected to build a 2 PHASE 2: Ventures that have shown tangible progress during Phase may 3 PHASE 3: A third-round of funding/coaching is also possible for promising ventures. product demonstration, create a business model, and validate both of those with prospective customers. At the end of Phase, each venture demonstrates their product and their customer-validated business model at SVL Demo Day to an audience of investors, bankers, and leaders of the region s business and technology community. receive a follow- on cash and office space investment for Phase 2.

7 mirro Student Founder award Outstanding Student Venture Lab (SVL) Clients The Signature Event Series also serves as a platform to recognize an outstanding NIIC Student Venture Lab (SVL) client. Established in 205, the award was named after Dr. Mike Mirro, a prominent physician, entrepreneur, visionary, researcher and community leader. Dr. Mirro was the founding board chair of The NIIC. Award recipients are selected from clients of The NIIC SVL Program. The SVL offers student entrepreneurs an opportunity to start and grow a business in a supportive, success-focused environment. The SVL offers seed investment and much more to selected student-owned startup ventures. Mirro Student Founder Award Recipients How to get started Call a NIIC Concierge to set up an appointment with a business coach ( NIIC) Meet in person or by phone to discuss your business and your program options. Select a program that meets your needs. Launch & complete a business and personal assessment tailored to your needs. Be part of the largest under one roof entrepreneurial community in Northeast Indiana Ashley Coleman Matt Vanlandingham & Lindal Walker Creator of La Shic, Orthopedic High Heels Founders of D-n-S Design The SVL is supported by The Ideas@Work Signature Event Series and generous sponsors: IAB Financial Bank, Lincoln Financial Foundation, and The Edward M. & Mary McCrea Wilson Foundation. The Edward M. & Mary McCrea Wilson Foundation 2 Engage with us by referring your colleagues to the NIIC. Most clients come to the NIIC because someone told them to go check it out. Referring individuals to the NIIC is easy and can also help you indirectly if they are your clients. The NIIC can help strengthen businesses. If you re interested in referring colleagues to the NIIC, contact us! We will come to your business to brief you about our programs, so you are aware of all that we do. It will also give us a chance to learn about what you do at your business, so we can refer colleagues to you too. For more info, visit our website at 3

8 Annual Signature Event SERIES The NIIC Fuels innovation & entrepreneurship The NIIC s annual Ideas@Work Signature Event Series convenes up to 500 entrepreneurs, business leaders, and students to fuel the innovative and entrepreneurial spirit in Northeast Indiana and the greater region. The Parkview Mirro Center for Research and Innovation serves as the event venue. This event series has featured several dynamic, distinguished leaders in innovation and entrepreneurship. 206 Ideas@WOrk AcceleratingIndiana 3rdAnnualSignatureEvent Nationally-known Keynote Speaker J.B. Bernstein, entrepreneur, sports agent and author spurred event attendees to drive innovation. You can succeed as an entrepreneur find your Eureka moment and the right resources. 205 Ideas@WOrk Celebrating5Years ofentrepreneurialsuccesses AnnualSignatureEvent During this milestone year of NIIC s 5 Year Anniversary, international business mogul, Fort Wayne community resident and philanthropist Chuck Surack, Founder and President, Sweetwater Sound, inspired and motivated event attendees as he shared about Celebrating 37 Years of Entrepreneurial Success. Always do the right thing for the customer. Chuck Surack 204 Ideas@WOrk 207 Ideas@WOrk Save the date Growing an entrepreneurial mindset 4th AnnualSignatureEvent April 8, 207 You won't want to miss this event! We invite you to consider showing your support of the entrepreneurial spirit in Northeast Indiana and the greater region by becoming an event sponsor. Myths and Realities of the Entrepreneurial Mindset: An Indiana Perspective Keynote Speaker Dr. Donald F. Kuratko (Dr. K.) is a distinguished, gifted speaker and leading U.S. educator of entrepreneurship and innovation. Dr. K. will share his expertise and also highlight successful Hoosier entrepreneurs, including some clients and business owners from The NIIC. Dr. K. is the Jack M. Gill Distinguished Chair of Entrepreneurship; Professor of Entrepreneurship; and Executive & Academic Director of Johnson Center for Entrepreneurship & Innovation at The Kelley School of Business at Indiana University, Bloomington, Indiana. It sworking InauguralEvent Eric Doden, President, Indiana Economic Development Corporation (IEDC) served as keynote speaker provide Indiana state-wide perspective to attendees. He focused on Barriers of Economic Development: Observations from a 92 County Tour. For more event info, to register or to become an event sponsor VISIT OUR WEBSITE 4 5

9 Northeast Indiana Innovation Center NIIC FtWayne (260) Stellhorn Road, Fort Wayne, IN 4685 December 206, Northeast Indiana Innovation Center, Inc.