Welcome to NACCE 2017! Tuesday Morning General Session: Tap into the Power of Your Ecosystem
Dr. Rebecca Corbin President & CEO NACCE
Craig Buerstatte Acting Director, Office of Innovation and Entrepreneurship U.S. Economic Development Administration
HBCU BUILD COLLABORATIVE Economic Development & the Office of INNOVATION and ENTREPRENEURSHIP 26 June 2017
OPENING REMARKS Craig Buerstatte Acting Director, Office of Innovation and Entrepreneurship cbuerstatte@eda.gov
SELF-ACTUALIZATION A musician must make music, and artist must paint, a poet must write, if he is to ultimately be at peace with himself. ABRAHAM MASLOW
HIERARCHY OF NEEDS SELF- ACTUALIZATION ESTEEM NEEDS: prestige and feeling of accomplishment BELONGINGNESS & LOVE NEEDS: intimate relationships, friends Self-Fulfillment Needs Psychological Needs SAFETY NEEDS: security, safety PHYSIOLOGICAL NEEDS: food, water, warmth, rest Basic Needs
SELF-ACTUALIZATION achieving one s full potential, including creative activities
SELF-ACTUALIZATION achieving A COMMUNITY S full potential, including INNOVATIVE activities
BASIC INFRASTRUCTURE Transportation Utilities BASIC INFRASTRUCTURE
TECHNOLOGY INFRASTRUCTURE Transportation Utilities TECHNOLOGY INFRASTRUCTURE Broadband Cellular Wireless BASIC INFRASTRUCTURE
BUSINESS SUPPORT Incubators Accelerators Capital Transportation Utilities BUSINESS SUPPORT TECHNOLOGY INFRASTRUCTURE Broadband Cellular Wireless BASIC INFRASTRUCTURE
INNOVATION ENGINGES Incubators Accelerators Capital Universities/R&D Commercialization Capital INNOVATION ENGINES Transportation Utilities BUSINESS SUPPORT TECHNOLOGY INFRASTRUCTURE Broadband Cellular Wireless BASIC INFRASTRUCTURE
HEALTHY ECOSYSTEM Incubators Accelerators Capital HEALTHY ECOSYSTEM Universities/R&D Commercialization Capital INNOVATION ENGINES Transportation Utilities BUSINESS SUPPORT TECHNOLOGY INFRASTRUCTURE Broadband Cellular Wireless BASIC INFRASTRUCTURE
A HEALTHY ECOSYSTEM: THE HIERARCHY OF COMMUNITY NEEDS Incubators Accelerators Capital HEALTHY ECOSYSTEM People & Culture INNOVATION ENGINES Universities/R&D Commercialization Capital People & Culture Transportation Utilities BUSINESS SUPPORT People & Culture TECHNOLOGY INFRASTRUCTURE People & Culture Broadband Cellular Wireless BASIC INFRASTRUCTURE People & Culture
START WITH THE END IN MIND Why Do We Do What We Do? Increase global ECONOMIC COMPETITIVENESS Help communities become economically RESILIENT AND AGILE Improve QUALITY OF LIFE in all communities
ECONOMIC DEVELOPMENT LANDSCAPE zero-sum positive-sum competitive collaborative
WHAT S IN AN ECOSYSTEM? Resources Elements of an Ecosystem Talent Innovation Support Capital Entrepreneurs Skilled Workforce Mentors Pipeline Research Universities Federal Labs Private R&D Individuals Technology & Facilities Programs & Services (Incubators & Accelerators) Policy Mentoring Loans Grants (Public & Private) Investors (Angel, Seed, Venture, Private Equity) Customers
INNOVATION DISTRICTS Innovation- & Entrepreneurship-Based Economic Growth Intersecting CLUSTERS Innovative ECOSYSTEMS Collaborative ORGANIZATIONS Growing, resilient ECONOMIES
THE RIS PROGRAM Overview I6 CHALLENGE Funding to build regional capacity to translate ideas and inventions into products, services, companies, and jobs SEED FUND SUPPORT (SFS) GRANT COMPETITION Funding to increase availability of and access to regional risk capital for early-stage companies
THE RIS PROGRAM 2014-16 Applications & Grants APPLICATIONS GRANTS 3 funding opportunities 626 applicants $245m+ Federal request $290m+ committed local match 98 grants 35 states + 1 territory $85m+ under management promising leading indicators I6 SFS S&RP
A HEALTHY ECOSYSTEM: THE HIERARCHY OF COMMUNITY NEEDS Incubators Accelerators Capital HEALTHY ECOSYSTEM People & Culture INNOVATION ENGINES Universities/R&D Commercialization Capital People & Culture Transportation Utilities BUSINESS SUPPORT People & Culture TECHNOLOGY INFRASTRUCTURE People & Culture Broadband Cellular Wireless BASIC INFRASTRUCTURE People & Culture
Questions?
CONTACT INFORMATION OIE HQ CONTACT: Craig Buerstatte Acting Director cbuerstatte@eda.gov ATLANTA REGIONAL OFFICE Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee H. Philip Paradice, Jr., Regional Director 401 West Peachtree Street NW, Suite 1820, Atlanta, GA 30308 P: 404-730-3002 AUSTIN REGIONAL OFFICE Arkansas, Louisiana, New Mexico, Oklahoma, Texas Jorge Ayala, Regional Director 903 San Jacinto Blvd., Suite 206, Austin, TX 78613 P: 512-381-8144 CHICAGO REGIONAL OFFICE Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin Jeannette Tamayo, Regional Director 230 South Dearborn Street, Suite 3280, Chicago, IL 60604 P: 312-353-8143 DENVER REGIONAL OFFICE Colorado, Iowa, Kansas, Missouri, Montana, North Dakota, Nebraska, South Dakota, Utah, Wyoming Angela Martinez, Regional Director 1244 Speer Boulevard, Suite 431, Denver, CO 80204 P: 303-844-4715 PHILADELPHIA REGIONAL OFFICE Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, Puerto Rico, Virgin Islands Linda Cruz-Carnall, Regional Director The Curtis Center, 601 Walnut Street, Suite 140 South, Philadelphia, PA 19106 P: 215-597-4603 SEATTLE REGIONAL OFFICE Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Washington, American Samoa, Northern Mariana Islands, Guam, Federated States of Micronesia, Rep. of Marshall Islands, Rep. of Palau A. Leonard Smith, Regional Director 915 Second Avenue, Room 1890, Seattle, WA 98174 P: 206-220-7660 WWW.EDA.GOV
Joe Kapp Entrepreneur In Residence Eastern West Virginia Community & Technical College CEO Behavioral Business
Build Prototype to Sell! Exercise Instructions: Participants search for a single item and place in the middle of the table. Your table is your team. Over the course of the next 20 minutes, with the contents on your table, you need to develop a product to sell.
The Michelson 20MM Foundation Intellectual Property Pilot Mayra Lombera Director, Strategic Initiatives Michelson 20MM Foundation Dana Nasser Business Faculty Santa Monica College Panelists: Nathan Khalil Business Faculty Santa Monica College Sal Veas Business Department Chair Santa Monica College
NACCE Focus Groups Schedule Help Shape NACCE s Future! A Design Thinking Exercise: Leadership - Monday, October 9, 2017; 3:30pm 4:45pm; Room: Cormorant Help Shape NACCE s Future! A Design Thinking Exercise: Network Sharing Connections & Best Practices - Tuesday, October 10, 2017; 9:45am 11:00am; Room: Cormorant Help Shape NACCE s Future! A Design Thinking Exercise: Teaching Tools & Resources - Tuesday, October 10, 11:30 AM - 12:45 PM; Room: Cormorant
Reminders: Breakout Sessions #4: 9:45-11 AM Coffee Break in the NACCE Marketplace: 11-11:20 AM Breakout Sessions #5: 11:30 AM- 12:45 PM See you back here at 1 PM!