FROM TEXAS ENTREPRENEUR NETWORKS THE TEXAS ENTREPRENEUR NETWORKS STARTUP EQUITY CAPITAL REPORT FOR EARLY STAGE COMPANIES

Size: px
Start display at page:

Download "FROM TEXAS ENTREPRENEUR NETWORKS THE TEXAS ENTREPRENEUR NETWORKS STARTUP EQUITY CAPITAL REPORT FOR EARLY STAGE COMPANIES"

Transcription

1 FROM TEXAS ENTREPRENEUR NETWORKS THE TEXAS ENTREPRENEUR NETWORKS STARTUP EQUITY CAPITAL REPORT FOR EARLY STAGE COMPANIES

2 The following report represents the total equity investments made into Texas start up and early stage companies for the third quarter of In total, venture capitalists and angel investors invested $ million across the following sectors: Biotechnology, CleanTech, Computer, Consumer Products, Digital Media, Financial, Healthcare, Information Technology, Other Technology, Media, Restaurants, and Telecommunications. Out of the five regions of Texas (North, Central, South, Gulf Coast and West), North Texas gained over half of the investment for the state at $ million. Central Texas was second with $ million. The state of Texas started 2011 with just under 500,000 business entities. In each quarter, the state grew the number of new filings by approximately 5% (24,000 new entities). The following major trends can be seen in start up investment: Capital efficient deals are getting funded, with little to no seed stage money for first-time investors. Entrepreneurs must demonstrate a business model that can acquire customers at a low cost and scale the business with few additional capital raises. The number of deals are increasing, but the amount into each deal is decreasing. One of the main contributors of this is a lower barrier to entry in building viable startup companies. Valuations are holding steady. Since valuations have recovered to their 2008 pre-crash levels, valuations have held steady with with no upward movement in the past year. Syndication is occurring with all investors types and is not limited to groups with similar structures. Venture capital/family Funds continue to move to later stage deals, as the VC community is approximately 1/4 of the size it was ten years ago. Accelerator models are on the rise. Microfunding through mentorship programs are growing dramatically around the country and in Texas. Sectors: Cloud software, social media, healthcare IT, mobile devices are seeing seeing a strong surge in growth. Medical devices and consumer products are holding steady while CleanTech is down due to the high cost of follow-on funding. Royalty-based funding is increasing among traditional angel investors allowing faster paybacks and shorter exit cycles. Crowdsource funding is increasing as the amount of funding needed drops and the number of deals increases. Angel Groups are moving towards open formats with accessibility of internet platforms such as AngelList.com Disclaimer: The following report focuses on capital invested in start up and early stage companies throughout the state of Texas and does not include equity investments made in the areas of Oil & Gas, Real Estate, or Banking/ Finance. Numbers for those sectors are included in the full spreadsheet available through the Texas Entrepreneur Networks.

3 FUNDED COMPANIES BY SECTOR By Sector Biotechnology (Medical devices, pharmaceuticals, orthopedics) $ M across 16 deals Clean Tech (alternative energy) $123.78M across 6 deals Computer (hardware components) $10M 1 deal Consumer Products (food and beverage, health and wellness, retail) $6.9M 4 deals Digital Media (mobile apps, social networking software, web offerings, e-commerce ) $57.13M 21 deals Financial (Financial products) $2.85M 2 deals Health care (urgent care centers, physician services, provider based) $ deals Information Technology (cloud based computing, Internet networking applications, security) $48M 10 deals Media (book publishing, magazines, film and entertainment) $7.32M 4 deals Other $ deals Other Technology (misc) $48.34M 4 deals Restaurants (hospitality) $22.53 across 4 deals Telecommunications (networking, wireless, telecom hardware and software) $ deals 16 94

4 FUNDED COMPANIES BY SECTOR

5 FUNDED COMPANIES BY SECTOR

6 FUNDED COMPANIES BY SECTOR

7 FUNDED COMPANIES BY TEXAS REGION

8 FUNDED COMPANIES BY TEXAS REGION

9 FUNDED COMPANIES BY TEXAS REGION

10 TEXAS BUSINESS FILINGS The state of Texas started 2011 with just under 500,000 business entities. In each quarter, the state grew the number of new filings by approximately 5% or 24,000 new entities. The regional breakdown of new entity filings is as follows and has remained the same throughout the 2011 year. North Texas: 8767, 36% Gulf Coast: 6626, 28% Central Texas: 4411, 18% South Texas: 3035, 12% West Texas: 1218, 5% Total 24, % This will give the state 100,000 new entities in The filings include all LLC, LLP, LP, Foreign LLC, and Foreign LP entities. Dissolved entities are not included in this count.

11 TEXAS START UP INVESMENT TRENDS The following major trends can be seen in startup investment. 1. What is getting funded? Capital efficient deals. Those who can accomplish the most with the least amount of capital receive preference from investors. First time entrepreneurs need to develop a product and go to market to generate product and market validation.there is little seed stage money for first timers. Entrepreneurs must demonstrate a business model that can acquire customers at a low cost and scale the business with few additional capital raises. 2. The number of deals increases but at lower raises. Angel investing continues to evolve with the market. One of the trends seen in the market today is the increase in the number of angel deals while the dollar investment in each deal has dropped. This is due to several factors. The cost of starting a business has dropped dramatically over the last ten years. In the 1990s, entrepreneurs asked for $5M to start a web company. Back then, they had to build their own server systems and buy all the computer equipment. In the post millennium those starting a web-based business asked for $500K because they could rent the equipment and buy time and space on a server farm already in place. In the post 2010 era, the raise continues to drop. It s not uncommon for some startups to use that level of funding to start their business and gain traction. Also, there are more companies raising funding to start their business so the competition for the investment dollar is greater. Finally, the contraction in the financial markets starting in 2008 and 2009 has squeezed down the availability of credit making it more difficult to find capital. This trend can also be seen in survey numbers. According to Jeffrey Sohl of the University of New Hampshire s Center for Venture Research in 2005 the average angel deal size was $523K. By 2010 that number had shrunk to $325K. The number of deals done in 2005 was 49,000 which grew to over 61,000 in Valuations are holding steady. The financial meltdown of saw the markets cut in half. Valuations in startups followed the same path and fell by up to 50% in some cases. Investors in that time frame often cut the proposed valuation in half. Since then valuations have recovered to their 2008 pre-crash levels and have held steady with no move upward for the past year. 4. Syndication with all investor types and not just angel investors. Previously, angel investors only syndicated deals with other angel groups of the same structure, but the trend today is toward syndication with any investor of any type. Entrepreneurs piece together a funding deal from numerous angel groups, early stage VCs, family funds, and individual investors not attached to angel groups. 5. Venture Capital/Family Funds continues its move to later stage deals. The VC community is about one fourth what it was ten years ago and have moved away from early stage startups to later stage deals. Family funds also look warily at the early stage startup and typically wait for more progress.

12 TEXAS START UP INVESMENT TRENDS 6. Accelerator models are on the rise. Microfunding through mentorship programs are growing dramatically around the country. The Techstars/ YCombinator model of 20 mentors coming together to fund and mentor a handful of companies continues to grow. The typical mentor invests $5K for a small piece of equity and collectively brings critical mass of expertise to five startups. This spreads the mentorship work across several in a peer group and increases the chance of success by engaging several startups at a time. 7. Sectors Cloud software, social media, healthcare IT, mobile devices are seeing a strong surge in growth. Medical devices and consumer products are holding steady while cleantech is down due to the high cost of follow on funding. 8. Crowdsource funding is increasing. As the amount of the funding raise drops and the number of deals increases many entrepreneurs are turning to the web to crowdsource investors for their deal. Websites such as Prosper.com, Microventures.com, Peerbackers.com, Indie-gogo.com, Kickstarter.com, and Rockethub.com cater to those using the web to find investors and make connections. 9. Royalty-based funding is increasing among traditional angel investors. Angel investors tired of waiting seven to nine years for an exit are seeking faster payback times and are turning to investing cash in return for a percent of the revenue rather than equity. It is also called revenue-based funding. This applies to deals with a predictable revenue stream and a steady growth model. 10. Angel groups are moving to open formats. With the growing availability of the internet and the reduced barriers to entry to startup a company, angel groups are moving to open formats as seen by the number of websites such as AngelList ( The primary software platform used by angel groups is Angelsoft which recently upgraded its platform and renamed itself to Gust ( to reposition itself to take advantage of this trend. Angel investors list their criteria and experience on an open website and invite entrepreneurs to submit deals for review. The investor follows up with the deals that are of interest.

13 TEXAS STARTUP INVESTMENT FORECAST 1. Investors -- there will be an increase in out of state investors in Texas. With the growth of the Texas economy, more investors outside of Texas will start to fund Texas-based deals. There is a growing number of out of state investors in the deal rooms especially from the Midwest and east coast. 2. Valuations -- there will be a small increase in valuations in the coming six months in particular for Cloudbased startups and mobile applications. The other sectors will remain the same. 3. Deal flow -- there will be an increasing number of out of state deals seeking funding in Texas. There will be more startups moving to Texas to take advantage of the low cost business climate and the availability of funding. Funding forums and pitch sessions with increase in number throughout the state in Exits -- there will be a shift to exiting early by selling the company in rollups rather than waiting for the company to be acquired by a large purchaser. Startups with an exit in three years or less will become more prevalent due to the high cost of capital required to expand further.

14 APPENDIX - BUSINESS FILINGS

15 REFERENCES University of New Hampshire Center for Venture Research Report Angelinvestmentnetwork.net AOEF.org Form Ds website:

The Software Industry Financial Report

The Software Industry Financial Report The Software Industry Financial Report Executive Summary Software Equity Group, L.L.C. 12220 El Camino Real Suite 320 San Diego, CA 92130 info@softwareequity.com (858) 509-2800 2015 Annual Software Industry

More information

AWS STARTUP TEAM DACH

AWS STARTUP TEAM DACH Berlin Love thy Startup AWS STARTUP TEAM DACH Mike Reiner (VCs & A&I - EMEA) reinermr@amazon.de @MikeReiner Sandra Schaedel (Startups) schaedel@amazon.de @SandraSchaedel Nikolas Woischnik (Startups) woischni@amazon.de

More information

The Ultimate Guide to Startup Success:

The Ultimate Guide to Startup Success: The Ultimate Guide to Startup Success: Launching a startup is an exciting prospect, but one that is also fraught with considerable challenges. Bringing a new idea to the marketplace requires more than

More information

of American Entrepreneurship: A Paychex Small Business Research Report

of American Entrepreneurship: A Paychex Small Business Research Report 2018 Accelerating the Momentum of American Entrepreneurship: A Paychex Small Business Research Report An analysis of American entrepreneurship during the past decade and the state of small business today

More information

Connecting Startups to VC Funding in Canada

Connecting Startups to VC Funding in Canada Technology & Life sciences Connecting Startups to VC Funding in Canada introduction While the majority of respondents have accessed early seed investment from friends, family and angel investors, many

More information

Innovation and Prosperity

Innovation and Prosperity Islamic Republic of Iran Presidency Innovation and Prosperity Fund An Overview of Iran s Innovation and Prosperity Fund for Startups Key Trends of Iran s STI in a glimpse *Unctad Report,2016 Key Trends

More information

THE ULTIMATE GUIDE TO CROWDFUNDING YOUR STARTUP

THE ULTIMATE GUIDE TO CROWDFUNDING YOUR STARTUP THE ULTIMATE GUIDE TO CROWDFUNDING YOUR STARTUP Wouldn t it be nice to fund your startup, gain new customers, market your product and gain valuable customer feedback all at the same time? Contents Part

More information

VIRTUAL BUSINESS INCUBATOR. Business Model Canvass

VIRTUAL BUSINESS INCUBATOR. Business Model Canvass VIRTUAL BUSINESS INCUBATOR Business Model Canvass MISSION To unite the global entrepreneurial ecosystem in the development of an affordable virtual business incubator for early stage startups. CUSTOMER

More information

US Startup Outlook 2018

US Startup Outlook 2018 US STARTUP OUTLOOK 2018 1 US Startup Outlook 2018 A Silicon Valley Bank survey of US entrepreneurs about business conditions and policy priorities LETTER FROM SVB CEO US STARTUP OUTLOOK 2018 2 Startups

More information

European Investment Fund: Venture Capital Financing in Bulgaria

European Investment Fund: Venture Capital Financing in Bulgaria European Investment Fund: Venture Capital Financing in Bulgaria 21 st June 2017 Hristo Stoyanov, Regional Business Development - CEE EIF with crucial role in supporting SMEs across Europe Resources Institutions

More information

How Start-ups are Disrupting the World Economy? The Oasis500 Experience and Initial Results

How Start-ups are Disrupting the World Economy? The Oasis500 Experience and Initial Results How Start-ups are Disrupting the World Economy? The Oasis500 Experience and Initial Results Usama Fayyad, Chairman usama@oasis500.com Twitter: @usamaf @oasis_500 Training/HR manager: Dina AbuNuwar (Dina@oasis500.com)

More information

Europe s next potential unicorns

Europe s next potential unicorns Europe s next potential unicorns www.techtourgrowth50.com in conjunction with: The Tech Tour 2016 Growth 50 Companies Source: Tech Tour, Pitch Book, Crunchbase Where companies have moved to the United

More information

US Startup Outlook Key insights from the Silicon Valley Bank Startup Outlook Survey

US Startup Outlook Key insights from the Silicon Valley Bank Startup Outlook Survey US Startup Outlook 2018 Key insights from the Silicon Valley Bank Startup Outlook Survey LETTER FROM SVB CEO US STARTUP OUTLOOK 2018 2 Startups enter 2018 with confidence For the ninth year, Silicon Valley

More information

Economic Value of the Advertising-Supported Internet Ecosystem

Economic Value of the Advertising-Supported Internet Ecosystem Economic Value of the Advertising-Supported Internet Ecosystem Introduction & Agenda John Deighton, Ph.D. Baker Foundation Professor of Business Administration Harvard Business School Agenda Study background

More information

Financing Tech Startups

Financing Tech Startups Financing Tech Startups Robert Ashby Financing Tech Startups Track Record My experience in Tech Funding The One Key Issue in Funding Types of Start-up Funding Crowd Funding 20m VC and other fundings 20m

More information

Economic Value of the Advertising-Supported Internet Ecosystem

Economic Value of the Advertising-Supported Internet Ecosystem Economic Value of the Advertising-Supported Internet Ecosystem Introduction & Agenda John Deighton, Ph.D. Baker Foundation Professor of Business Administration Harvard Business School Agenda Study background

More information

The Wesley Clover Company Development Model

The Wesley Clover Company Development Model Building Businesses The Wesley Clover Company Development Model Managing Risks while Developing Tech Companies for Global Markets 2015 1 The information and images contained in this presentation may not

More information

Finance 4 Growth Sources of Finance

Finance 4 Growth Sources of Finance Finance 4 Growth Sources of Finance Donnchadh Cullinan 13 th June 2012 The Funding Journey Donnchadh Cullinan 13 th June 2012 The Funding Journey The Foundations: A well prepared business plan with milestones

More information

VANCOUVER TECH SHOWCASE

VANCOUVER TECH SHOWCASE VANCOUVER STARTUP CITY: CAPITAL Seed Stage Co-Hort May 29, 2017 #VanStartupCity VANCOUVER TECH SHOWCASE Delivered in Partnership with Supported by 1 The Vancouver Economic Commission (VEC) bids you a warm

More information

Fintech 101. The definitive uncensored guide to the open access economy. Private Investments. Made Simple.

Fintech 101. The definitive uncensored guide to the open access economy. Private Investments. Made Simple. Fintech 101 The definitive uncensored guide to the open access economy Private Investments. Made Simple. An introduction v to FinTech What you need to know about FinTech in 10 minutes FinTech (in 10 mins)

More information

TRACXN REPORT : CROWDFUNDING February Crowdfunding Report, February 2016

TRACXN REPORT : CROWDFUNDING February Crowdfunding Report, February 2016 TRACXN REPORT : CROWDFUNDING February 2016 Tracxn World s Largest Start-up Research Platform 2 Contents Topic Page Sectors We Track 04 Overview 05 Market Map 07 Company List 19 Team 197 3 Illustrative

More information

FinTech - InnoTribe Startup Challenge. Mike Sigal 500Startups (US)

FinTech - InnoTribe Startup Challenge. Mike Sigal 500Startups (US) FinTech - InnoTribe Startup Challenge Mike Sigal 500Startups (US) 500 Startups is the World s Most Active Early-Stage Investor $390M+ in Capital Committed 1,800+ Portfolio Companies Since July 2010 People

More information

Canadian Accelerators

Canadian Accelerators Canadian Accelerators Company Focus Conditions Description Sherbrooke,QC Innovative firms and/or start-up technologies Cash investment up to $20,000, professional services in kind, and 5% equity investment

More information

Starting New Ventures Chap 2 Recognizing Opportunities and Generating Ideas.

Starting New Ventures Chap 2 Recognizing Opportunities and Generating Ideas. Starting New Ventures 64-361.202 Chap 2 Recognizing Opportunities and Generating Ideas. ScriptPad Case Study Dr. Jack M. Wilson Distinguished Professor of Higher Education, Emerging Technologies, and Innovation

More information

INNOVATIVE ENTREPRENEURSHIP AND BASIC FUNDRAISING CONCEPTS

INNOVATIVE ENTREPRENEURSHIP AND BASIC FUNDRAISING CONCEPTS INNOVATIVE ENTREPRENEURSHIP AND BASIC FUNDRAISING CONCEPTS Fundraising Education and Pitch training Seminar www.seedforum.org I HAVE AN IDEA! Shall we get some money for it? Ideas worth investing in Improve

More information

Paper on Business Incubator Framework

Paper on Business Incubator Framework HIGHER EDUCATION H-9, Islamabad (Pakistan) Phone :(051) 90400000 Paper on Business Incubator Framework 1 Table of Contents Background 3 Advantages of Academic Affiliated incubator 4 Incubator Structure

More information

ITU-TRCSL Training on ICTs for promoting Innovation & Entrepreneurship

ITU-TRCSL Training on ICTs for promoting Innovation & Entrepreneurship ITU-TRCSL Training on ICTs for promoting Innovation & Entrepreneurship Creating a new ICT business/service on a budget 12-15 September, 2017 Colombo, Sri Lanka Shahryar Khan, ITU Expert Agenda Why start

More information

ANNUAL SURVEY. Understanding female founders: Our findings JUNE 2017

ANNUAL SURVEY. Understanding female founders: Our findings JUNE 2017 ANNUAL SURVEY Understanding female founders: Our findings JUNE 2017 CONTENTS FOREWORD FROM ANNA JONES & DEBBIE WOSSKOW OBE 01 WHO ARE OUR FEMALE FOUNDERS? 02 Raising capital 04 The importance of networks

More information

Technion Technology Transfer Connecting Partners to Find Solutions

Technion Technology Transfer Connecting Partners to Find Solutions Technion Technology Transfer Connecting Partners to Find Solutions 2016 http://blog.compass.co/the-2015-global-startup-ecosystem-ranking-is-live The Global Startup Ecosystem Ranking 2015 Israeli Venture

More information

GATEWAY TO SILICON VALLEY SAMPLE SCHEDULE *

GATEWAY TO SILICON VALLEY SAMPLE SCHEDULE * GATEWAY TO SILICON VALLEY SAMPLE SCHEDULE * Ignite your entrepreneurial spirit and accelerate your ideas/company over one week. DAY 1: MONDAY 09:00 10:00AM SVI ACADEMY, PROGRAM INTRODUCTION 10:00 11:15AM

More information

Beeline Startup Incubator. Rules and Regulations

Beeline Startup Incubator. Rules and Regulations Beeline Startup Incubator Rules and Regulations Yerevan 2018 Content 1.Definitions 2.Introduction 3.Incubator Staff 4.Startup Selection 5.Benefits for Residents 6.Events 7.Resident s Responsibilities 8.Resident

More information

What Startup Accelerators Really Do

What Startup Accelerators Really Do ENTREPRENEURSHIP What Startup Accelerators Really Do by Ian Hathaway MARCH 01, 2016 The well-advertised boom in startups and venture capital in recent years has coincided with the emergence of new players

More information

Jerome Jerry Engel. The Lean Startup Lean LaunchPad Journey 6/20/2013. Jerry Engel June BizBarcelona 2013

Jerome Jerry Engel. The Lean Startup Lean LaunchPad Journey 6/20/2013. Jerry Engel June BizBarcelona 2013 The Lean Startup Lean LaunchPad Journey Jerry Engel June 2013 BizBarcelona 2013 Jerome Jerry Engel UC Berkeley Adjunct Professor, Haas School of Business Founder and Director Emeritus of the Lester Center

More information

Valuation Strategies. Larry O. Blankenship Evergreen Research, Inc.

Valuation Strategies. Larry O. Blankenship Evergreen Research, Inc. Valuation Strategies Larry O. Blankenship Evergreen Research, Inc. February, 2015 Many Levels, Many Approaches Seed, early stage and pre-revenue valuation is different than mezzanine or growth funding

More information

INNOVATION ACCELERATOR. An SKTA Innopartners White Paper

INNOVATION ACCELERATOR. An SKTA Innopartners White Paper INNOVATION ACCELERATOR An SKTA Innopartners White Paper August 19, 2014 Executive summary SKTA Innopartners Innovation Accelerator is a core technology focused startup incubator and a seed fund backed

More information

Startup Ecosystem Infrastructure

Startup Ecosystem Infrastructure Startup Ecosystem Infrastructure Who is it for? For organizations that are part of startup ecosystems Universities Advisory & mentoring organizations Incubators Accelerators Co-working spaces Service Providers

More information

Technology Driven Enterprise & Economic Development. for the BECC

Technology Driven Enterprise & Economic Development. for the BECC Technology Driven Enterprise & Economic Development for the BECC by L. (Marty) Murphy Manager, NREL Enterprise Development Program Nov. 17, 2008. Sacramento, CA 1 Public Private Partnerships - Going Beyond

More information

WHITEPAPER: BUSINESS INCUBATORS

WHITEPAPER: BUSINESS INCUBATORS WHITEPAPER: BUSINESS INCUBATORS I. Business incubator generally Business incubators are programs designed to support the successful development of start-up and fledgling companies by providing entrepreneurs

More information

Current Vault Guidebooks

Current Vault Guidebooks Current Vault Guidebooks Section Title Guidebook URL Accounting Vault Career Guide to Accounting http://access.vault.com/recordurl.aspx?nid=9781581318692gp&wid=148346 Accounting Vault Guide to Accounting

More information

THE DIGITAL REVOLUTION IN ITALY

THE DIGITAL REVOLUTION IN ITALY THE DIGITAL REVOLUTION IN ITALY 1 of 14 PROSPECTS FOR THE DIGITAL MARKET IN ITALY ACCENTURE S REPORT 'DIGITAL DISRUPTION: THE GROWTH MULTIPLIER' WORLD ECONOMIC FORUM IN DAVOS, JANUARY 2016 For Italy, a

More information

Driving Jobs through Innovation:

Driving Jobs through Innovation: Driving Jobs through Innovation: Fostering Science Entrepreneurship Priming Scientists into Entrepreneurs February 3, 2012 The is a product of Neworks, LLC www.neworks.biz 1 What Do Scientists Do? Research

More information

Models for Innovation

Models for Innovation Models for Innovation Moderator: Larry Stofko, EVP The Innovation Institute DISCLAIMER: The views and opinions expressed in this presentation are those of the author and do not necessarily represent official

More information

itechpreneurship Creating Chaos to Avoid Chaos

itechpreneurship Creating Chaos to Avoid Chaos TM itechpreneurship Creating Chaos to Avoid Chaos 3 KAMRAN ELAHIAN INNOVATION CATALYST Global High Tech Entrepreneurship 25 years Venture Capital 15 years Global Philanthropy 22 years Global Catalyst Foundation:

More information

Undergraduate Course Descriptions

Undergraduate Course Descriptions ENTREPRENEURSHIP Undergraduate Course Descriptions ENTR 150 4 credit online course Business Basics for Entrepreneurs This course introduces students to basic concepts from accounting, finance, management

More information

Cyberport Creative Micro Fund SPARK CREATIVE AND INNOVATIVE ICT IDEAS

Cyberport Creative Micro Fund SPARK CREATIVE AND INNOVATIVE ICT IDEAS 010101010101010101010101010101010101010101010101010101010101010101010101010101 101010101010101010101010101010101010101010101010101010101010101 01010101010101010101010101010101010101 0 1 0 1 0 1 0 1 0 1

More information

Get Funded! A Definitive Guide to Seeking the Right Funding, at the Right Time, from the Right Source. Copyright 2010 by Naeem Zafar

Get Funded! A Definitive Guide to Seeking the Right Funding, at the Right Time, from the Right Source. Copyright 2010 by Naeem Zafar Get Funded! A Definitive Guide to Seeking the Right Funding, at the Right Time, from the Right Source Copyright 2010 by Naeem Zafar All rights reserved. No part of this book may be reproduced or transmitted

More information

START-UP VISA CANADA. Strengthening the entrepreneurship ecosystem

START-UP VISA CANADA. Strengthening the entrepreneurship ecosystem START-UP VISA CANADA Strengthening the entrepreneurship ecosystem INTRODUCTION Team of tech leaders across Canada that work with industry, government and academia to foster collaboration between business

More information

Urbantech NYC Marketing and Expansion Project: 6092 Contract: Questions & Answers September 27 th, 2017

Urbantech NYC Marketing and Expansion Project: 6092 Contract: Questions & Answers September 27 th, 2017 Urbantech NYC Marketing and Expansion Project: 6092 Contract: 60920003 Questions & Answers September 27 th, 2017 General Questions: 1. Is there a preference to work with a local NYC or Tri-State area provider?

More information

European Startup Monitor Country Report Portugal

European Startup Monitor Country Report Portugal European Startup Monitor Country Report Portugal Introduction Throughout Europe, Startup ecosystems have become a serious and inspiring movement to fight back unemployment, stimulate the local economy,

More information

APPLICATION FORM PLEASE FILL IN ALL SECTIONS AND PROVIDE REQUESTED DOCUMENTS*

APPLICATION FORM PLEASE FILL IN ALL SECTIONS AND PROVIDE REQUESTED DOCUMENTS* APPLICATION FORM PLEASE FILL IN ALL SECTIONS AND PROVIDE REQUESTED DOCUMENTS* Send the completed and signed application form to director@eban.org Section 1. General Information 1. Startup Name: 2. Incorporation

More information

POWERING UP SASKATOON S TECH SECTOR SASKATOON REGIONAL ECONOMIC DEVELOPMENT AUTHORITY JULY 2017

POWERING UP SASKATOON S TECH SECTOR SASKATOON REGIONAL ECONOMIC DEVELOPMENT AUTHORITY JULY 2017 SASKATOON REGIONAL ECONOMIC DEVELOPMENT AUTHORITY JULY 2017 Saskatoon Regional Economic Development Authority (SREDA) SREDA is an independent non-profit economic development organization whose mandate

More information

British Columbia Innovation Council 2016/ /19 SERVICE PLAN

British Columbia Innovation Council 2016/ /19 SERVICE PLAN 2016/17 2018/19 SERVICE PLAN For more information on the British Columbia Innovation Council contact: 9th floor - 1188 West Georgia Street Vancouver, BC V6E 4A2 Phone: 604-683-2724 Toll free: 1-800-665-7222

More information

1. SUMMARY. The participating enterprises reported that they face the following challenges when trying to enter international markets:

1. SUMMARY. The participating enterprises reported that they face the following challenges when trying to enter international markets: 1. SUMMARY Growth-oriented entrepreneurs, especially those in small countries and those that are highly innovative, often look to international markets to grow their business. From a development perspective,

More information

22-29 JULY 2018 LAKE SEVAN, ARMENIA THE PROGRAMME

22-29 JULY 2018 LAKE SEVAN, ARMENIA THE PROGRAMME THE PROGRAMME SEVAN STARTUP SUMMIT 2018 INFORMATION Sevan Startup Summit ( www.seasidestartupsummit.com ) is the first outdoor campsite-based forum that fosters intensive deal-making and immersive conversations

More information

Opportunity Quest 2016 Snow College Business Innovation Competition

Opportunity Quest 2016 Snow College Business Innovation Competition Opportunity Quest 2016 Snow College Business Innovation Competition www.facebook.com/snowcollegebusiness www.snow.edu/business Student Competition Packet FOR SNOW COLLEGE STUDENTS Sponsored by: Snow College

More information

NVC. New Venture Competition Applying to the New Venture Fair & Misc. Other Stuff. UC Santa Barbara

NVC. New Venture Competition Applying to the New Venture Fair & Misc. Other Stuff. UC Santa Barbara New Venture Competition Applying to the New Venture Fair & Misc. Other Stuff Agenda Announcements New Venture Fair - Application Deliverables Resources Winter Quarter Schedule of Events Business Model

More information

SHASTA EDC BUSINESS PLAN

SHASTA EDC BUSINESS PLAN SHASTA EDC BUSINESS PLAN 2016-2017 TABLE OF CONTENTS Vision, Mission, Principles & Values 3 Responsibilities & Focus 4 Company Recruitment 5-7 Business Expansion & Retention 8 Entrepreneurial Development

More information

Financial Support Business Start Ups and Growth Companies. September 2011

Financial Support Business Start Ups and Growth Companies. September 2011 Financial Support Business Start Ups and Growth Companies September 2011 1 1 2 Our Role Financial Support Agenda 3 Other Support 4 Access Support 2 Irish owned enterprise Policy analysis and advice Inward

More information

INNOVATION POLICY FOR ECONOMIC DEVELOPMENT

INNOVATION POLICY FOR ECONOMIC DEVELOPMENT INNOVATION POLICY FOR ECONOMIC DEVELOPMENT PURPOSE The purpose of the Bexar County Innovation Policy for Economic Development is to spur and accelerate the growth of the innovation-focused digital information

More information

Digital Health Funding Rankings

Digital Health Funding Rankings Published: April 1, 2015 StartUp Health Insights TM Digital Health Funding Rankings Q3 2015 Report INCLUDING 50+ MARKET FUNDING SPONSORED BY A StartUp Health Insights TM Report Published October 1, 2015

More information

Business acceleration schemes for start-ups

Business acceleration schemes for start-ups Business acceleration schemes for start-ups Focus on internationalisation A Policy Brief from the Policy Learning Platform on SME Competitiveness Introduction Business acceleration programmes, which aim

More information

STARTUP ROCKSTARS ARE NEVER SILENT

STARTUP ROCKSTARS ARE NEVER SILENT STARTUP ROCKSTARS ARE NEVER SILENT For early stage startup investors, communication is the missing link to improving performance. Venture capitalists, angel investors, and advisors alike commiserate over

More information

National Grid Ventures. Lisa Lambert, SVP, CTIO June 2018

National Grid Ventures. Lisa Lambert, SVP, CTIO June 2018 National Grid Ventures Lisa Lambert, SVP, CTIO June 2018 Lisa Lambert Education MBA, Harvard Business School BS/MIS, Pennsylvania State University Executive Education, Stanford University UPWARD www.upwardwomen.org/

More information

The Digital Transformation Of Healthcare. Warner Thomas, President & CEO Ochsner Health System

The Digital Transformation Of Healthcare. Warner Thomas, President & CEO Ochsner Health System The Digital Transformation Of Healthcare Warner Thomas, President & CEO Ochsner Health System Ochsner Health System Our Mission is to Serve, Heal, Lead, Educate, and Innovate Largest Health System In Gulf

More information

2017/ /20 SERVICE PLAN

2017/ /20 SERVICE PLAN 2017/18 2019/20 SERVICE PLAN February 2017 For more information on the British Columbia Innovation Council contact: 9th floor - 1188 West Georgia Street Vancouver, BC V6E 4A2 Phone: 604-683-2724 Toll free:

More information

STARTUP INCUBATOR: PAVING THE WAY FOR AUSTRALIAN ENTREPRENEURS

STARTUP INCUBATOR: PAVING THE WAY FOR AUSTRALIAN ENTREPRENEURS STARTUP INCUBATOR: PAVING THE WAY FOR AUSTRALIAN ENTREPRENEURS Located in Fortitude Valley, Brisbane, it offers businesses in early stages of development a support ecosystem that includes entrepreneurs,

More information

Western Canada Cleantech findings. RemTech Workshop October 14, 2009

Western Canada Cleantech findings. RemTech Workshop October 14, 2009 Western Canada Cleantech findings RemTech Workshop October 14, 2009 Introduction David Sparrow, CA, CBV, CF Leader of Edmonton Corporate Finance and Transaction Services practice 17 years of providing

More information

Vote for BC. Vote for Tech.

Vote for BC. Vote for Tech. Vote for BC. Vote for Tech. Advancing the tech sector is a part of each party s agenda. Here s a summary of key tech-related elements in the three platforms as it relates to BCTECH s policy pillars: talent,

More information

Highlight. Stop hesitating: Learn how to invest in startups like a pro. 13 July 2016

Highlight. Stop hesitating: Learn how to invest in startups like a pro. 13 July 2016 Stop hesitating: Learn how to invest in startups like a pro 13 July 2016 Highlight Startups in Asia, particularly in China, are the new investment opportunities that may soon outpace market leaders like

More information

Founded ,000 employees. 500 retail stores. Valued 10 billion. Founded employees. No physical stores. Acquired for $20 billion

Founded ,000 employees. 500 retail stores. Valued 10 billion. Founded employees. No physical stores. Acquired for $20 billion Anthea Greco Founded 1985 22,000 employees 500 retail stores Valued 10 billion Founded 2009 50 employees No physical stores Acquired for $20 billion Components of an Acceleration Programme

More information

Sourcing Innovation From the Migration of Companies To, From and Between Emerging Markets

Sourcing Innovation From the Migration of Companies To, From and Between Emerging Markets Sourcing Innovation From the Migration of Companies To, From and Between Emerging Markets Tom Sweeney CEO & Managing Director STEM 7 Capital Partners Ltd Big Trend: The Globalization of the Commercialization

More information

INFO DECK Your Partner for Funding & Growth

INFO DECK Your Partner for Funding & Growth INFO DECK Your Partner for Funding & Growth Core activities Investment documents Evaluation by Investors Campaign Deal-making We draft the pitch deck and financial plan in cooperation with the client.

More information

Capital for Small Projects NSERC Engage Up to $25,000 $25,000 in-kind Collaboration on research projects with university/college researchers. OCE VIP1

Capital for Small Projects NSERC Engage Up to $25,000 $25,000 in-kind Collaboration on research projects with university/college researchers. OCE VIP1 Entrepreneur Support Network Partners Capital for Hiring MaRS Embark Funding $20,000 (including HST) 12.5% requested ($2,500 cash) Funding to hire a young professional (22-29) in a business role full-time.

More information

COMPANY INFORMATION SESSION October 30, 2014

COMPANY INFORMATION SESSION October 30, 2014 COMPANY INFORMATION SESSION October 30, 2014 Agenda Mission Organization Accelerator Testimonies Q & A Mission 1. Accelerate UT and Local Startups Help raise capital Bring products to market Develop a

More information

Strategies for attracting healthcare venture capital

Strategies for attracting healthcare venture capital Beth Silverstein MS, RAC is the Director of SciLucent, LLC, a USbased management, regulatory and technical services consulting firm dedicated to helping healthcare product companies maximise the value

More information

InnoVen Capital India: Startup Outlook Report. April 2018

InnoVen Capital India: Startup Outlook Report. April 2018 InnoVen Capital India: Startup Outlook Report April 2018 Index 1. Highlights 2. Fundraising 3. Profitability 4. Exit expectations 5. Challenges 6. Talent and hiring 7. Government policy 8. Over and under-hyped

More information

The 2017 Best 50 Corporate Citizens in Canada: Methodology

The 2017 Best 50 Corporate Citizens in Canada: Methodology The 2017 Best 50 Corporate Citizens in Canada: Methodology Ranking is conducted by Corporate Knights, a specialized media and investment research company Corporate Knights is a Toronto-based, employee-owned

More information

Areas of Operation 3 Cen ter Cent fo er f r o In r n In o n v oa v tiv at e iv T e ec T h ec n h o n lo o g lo y g y M arch April

Areas of Operation 3 Cen ter Cent fo er f r o In r n In o n v oa v tiv at e iv T e ec T h ec n h o n lo o g lo y g y M arch April The Center for Innovative Technology (CIT) creates technologybased economic development strategies to accelerate innovation, imagination and the next generation of technology and technology companies.

More information

BUSINESS PLAN COMPETITIONS

BUSINESS PLAN COMPETITIONS The Metamorphosis of BUSINESS PLAN COMPETITIONS C.J. Cornell @cjcornell Cogswell Polytechnical College @Cogswell_Ent BPCs have thrived, grown in the past 25 years. (22% per year) Rice University Business

More information

2017 SURVEY OF ENTREPRENEURS AND MSMES IN VIETNAM

2017 SURVEY OF ENTREPRENEURS AND MSMES IN VIETNAM 2017 SURVEY OF ENTREPRENEURS AND MSMES IN VIETNAM Building the capacity of MSMEs through technology and innovation 2017 SURVEY OF ENTREPRENEURS AND MSMES IN VIETNAM I 1 2017 SURVEY OF ENTREPRENEURS AND

More information

U.S. Startup Outlook 2017

U.S. Startup Outlook 2017 U.S. Startup Outlook 2017 A SILICON VALLEY BANK SURVEY OF U.S. ENTREPRENEURS ABOUT BUSINESS CONDITIONS AND POLICY PRIORITIES @SVB_Financial #StartupOutlook Strength in the Innovation Sector Silicon Valley

More information

Regional Innovation Acceleration Network. Venture Development Organization Profile

Regional Innovation Acceleration Network. Venture Development Organization Profile rian Regional Innovation Acceleration Network The network of venture development organizations driving America s economy SMARTER. FASTER. FORWARD. Venture Development Organization Profile August 2011 Innovation

More information

Apply and find out more innovationhub.ttu.edu

Apply and find out more innovationhub.ttu.edu ilaunch Competition Welcome to Texas Tech University (TTU) Innovation Hub at Research Park (the Hub) ilaunch Competition, the investor pitch event to identify, grow and launch startup companies. The competition

More information

VISION. Orange County will become a national and global leader in scalable innovation.

VISION. Orange County will become a national and global leader in scalable innovation. A P P L I E D I N N O V A T I O N VISION Orange County will become a national and global leader in scalable innovation. MISSION Startups UCI will be the UCI catalyst for innovation & entrepreneurship in

More information

Rice Business Plan Competition

Rice Business Plan Competition Rice Business Plan Competition April 5-7, 2018 World s richest and largest student startup competition! 18 years and going strong! 1 Thank you for serving as a judge at the 2018 Rice Business Plan Competition!

More information

Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy

Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy Vignana Jyothi Technology & Business Incubator (VJTBI) Incubation Policy Revision Date Prepared by Comments 0.1 01 Sep 2016 Dr. A S Rao Initial draft version. 0.2 03 Nov 2016 Mr.Narayana Rao Reviewed and

More information

ESTONIA STARTUP ECOSYSTEM REPORT

ESTONIA STARTUP ECOSYSTEM REPORT ESTONIA STARTUP ECOSYSTEM REPORT from by The Startup Ecosystem Report Series Compass.co (formerly Startup Genome) with the support of CrunchBase Jan 2016, Version 1.0 2 ABOUT COMPASS.CO (FORMERLY STARTUP

More information

Globalization in Shenzhen: A Perspective on Business Practices in China. Rick Wan

Globalization in Shenzhen: A Perspective on Business Practices in China. Rick Wan Globalization in Shenzhen: A Perspective on Business Practices in China Rick Wan 2018.4.17 Quick Introduction: Dr. Rick Wan 1986~1997 Educated in the US (1991) PhD in Physics Worked at: -University of

More information

Augusta Innovation District DR. ED EGAN, DIRECTOR MCNAIR CENTER FOR ENTREPRENEURSHIP AND INNOVATION

Augusta Innovation District DR. ED EGAN, DIRECTOR MCNAIR CENTER FOR ENTREPRENEURSHIP AND INNOVATION Augusta Innovation District DR. ED EGAN, DIRECTOR MCNAIR CENTER FOR ENTREPRENEURSHIP AND INNOVATION High-growth, high-tech as a driver of U.S. economic growth The big picture u U.S. GDP growth is currently

More information

Imperious Group International venture capital company based in USA, Israel and Eastern Europe

Imperious Group International venture capital company based in USA, Israel and Eastern Europe Imperious Group International venture capital company based in USA, Israel and Eastern Europe 1. Company overview 2. Markets, areas of investment and strategy 3. Imperious Group portfolio 4. Team 5. Contacts

More information

Recipes for Creating Entrepreneurial Growth: It s more than the Ingredients

Recipes for Creating Entrepreneurial Growth: It s more than the Ingredients Recipes for Creating Entrepreneurial Growth: It s more than the Ingredients Yas Motoyama and Jason Wiens Ewing Marion Kauffman Foundation National Governor s Association May 8, 2015 www.kauffman.org Importance

More information

DIGITAL MADE IN ITALY

DIGITAL MADE IN ITALY DIGITAL MADE IN ITALY The leading innovation hub European Mid Small Cap Forum Alberto Fioravanti, Digital Magics Founder and Executive Chairman Alessandro Malacart, Digital Magics Managing Director Corporate

More information

European Investor Gate (EIG)

European Investor Gate (EIG) European Investor Gate (EIG) 611076 FP7-ICT-2013-10 Coordination and Support Action 11.5(b): Cross border services, investment readiness and legal advice for ICT SMEs, start-ups and entrepreneurs Work

More information

How Technology-Based-Startups Support U.S. Economic Growth

How Technology-Based-Startups Support U.S. Economic Growth How Technology-Based-Startups Support U.S. Economic Growth November 28th, 2017 Join the Conversation: #ITIFtechstartups @ITIFdc About ITIF Independent, nonpartisan research and education institute focusing

More information

Innovation and Entrepreneurship. Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida

Innovation and Entrepreneurship. Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida Innovation and Entrepreneurship Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida About UCF Second largest university in the nation 60,000 students

More information

MANUFACTURING SOLUTIONS CENTER & TEXTILE TECHNOLOGY CENTER:

MANUFACTURING SOLUTIONS CENTER & TEXTILE TECHNOLOGY CENTER: MANUFACTURING SOLUTIONS CENTER & TEXTILE TECHNOLOGY CENTER: REPORT ON REVENUES & EXPENDITURES REPORTED TO THE JOINT LEGISLATIVE EDUCATION OVERSIGHT COMMITTEE, THE FISCAL RESEARCH DIVISION AND THE OFFICE

More information

UNLOCKING THE VALUE OF ICT ENTREPRENEURSHIP ECOSYSTEM

UNLOCKING THE VALUE OF ICT ENTREPRENEURSHIP ECOSYSTEM UNLOCKING THE VALUE OF ICT ENTREPRENEURSHIP ECOSYSTEM A GLOBAL PERSPECTIVE World Telecommunication and Information Society Day Mauritius, 18 May 2016 Anibal Martinez - Denis Lacour - Michel Cordani CASE

More information

Commercial companies are playing an increasing role in this traditionally government-led sector. Global Space Activity 2015 (Billions) 1

Commercial companies are playing an increasing role in this traditionally government-led sector. Global Space Activity 2015 (Billions) 1 Global Space Activity 2015 (Billions) 1 Total: $323 Billion Commercial companies are playing an increasing role in this traditionally government-led sector. By the 2020 s, near the planned end of the life

More information

M&A Outlook 2017 MULTI-TENANT DATACENTER, HOSTING AND MANAGED SERVICES. Kelly Morgan, Penny Jones, Agatha Poon and Jeff Paschke

M&A Outlook 2017 MULTI-TENANT DATACENTER, HOSTING AND MANAGED SERVICES. Kelly Morgan, Penny Jones, Agatha Poon and Jeff Paschke EXECUTIVE OVERVIEW MARKET FORECAST M&A Outlook 2017 FEB 2017 MULTI-TENANT DATACENTER, HOSTING AND MANAGED SERVICES Kelly Morgan, Penny Jones, Agatha Poon and Jeff Paschke Even after a recent record tech

More information

Virginia Tech. Capturing the Value of Technology Transfer. January 24, Virginia Tech Intellectual Properties

Virginia Tech. Capturing the Value of Technology Transfer. January 24, Virginia Tech Intellectual Properties Virginia Tech Capturing the Value of Technology Transfer January 24, 2008 VISION Technology Transfer Benefits Society ewisjosia@aol.com MISSION Imagine the Possibilities Foster commercial investment in

More information