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It’s Time To Change The Game

It’s Time To Change The Game. Grow-California: Connecting Business with Opportunity. Our Mission is to foster jobs and wealth creation in California by connecting innovative entrepreneurs, growth companies and market leaders with capital, talent, academia, customers, and partners.

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It’s Time To Change The Game

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  1. It’s Time To Change The Game

  2. Grow-California: Connecting Business with Opportunity Our Mission is to foster jobs and wealth creation in California by connecting innovative entrepreneurs, growth companies and market leaders with capital, talent, academia, customers, and partners

  3. Games Change – All The Time

  4. The Economic Development Game Has Changed (Many Times) • Major corporate locations • Main Street Programs • Redevelopment Areas • Biotech, Cleantech,Nanotech

  5. The New Game: Innovation Leadership • What does Innovation mean? • How do we make it meaningful to our community or region? • What are the ingredients of success? • What are the rules? • How do we execute strategically to succeed at this new game?

  6. The Key is Innovative Entrepreneurs

  7. BOISE COMPUTER INDUSTRY CLUSTER

  8. 4 Rules You Must Understand to Pass Go in The Innovation Game

  9. Rule 1: The Local Business Taxonomy JOBS IMPACT Local Icon HQ Company Major Corp. with Division in Your Community Venture Backed on Exit Path Middle Market Business Seeking Growth or Liquidity WEALTH OR PROSPERITY IMPACT Organic Growth Lifestyle Middle Market Investment Backed …Becomes Lifestyle Company “Tweener” Small Business Small Business Serving Local Market Micro-Enterprise

  10. RULE 2: THE FINANCING FOOD CHAIN Wall Street Investment Banks PE Funds Mid and Late Stage VC Corporate Investors Credit Unions Venture State & National Banks Seed & Early VC Fund Credit Unions Investment Banks SBIR Grant Local RLF PE Funds Angel Groups Non-Affiliated Angels Bus. Angels with own Networks Community Banks Credit Unions FFF State & National Banks FFF LIFESTYLE COMPANIES ESTABLISHED MIDDLE-MARKET COMPANIES SCALABLE START-UPS REQUIRING INVESTMENT

  11. RULE 3: “PIVOT POINT” ECONOMIC DEVELOPMENT IPO Acquisition Great Cash Flow Co. Major Corporations M&A Firms, Wall Street Logistics, Transportation, Distribution Customers & Competitors Professional Service Providers Raw Material Providers Sales & Marketing Professionals International Trade Liaisons Capital Sources Industry Executives Regulators & Policymakers Media & Trade Groups Growth Company

  12. RULE 4: Finding a New Spigot

  13. BONUS RULE 5: Innovation Partners Have Different Objectives

  14. A Low-Cost, Sustainable, Five-Part Strategy

  15. Get Off the Bench, Get In the Game!

  16. Figure Out the Puzzle

  17. The Secret to Treasure Hunting

  18. Build the Bridge

  19. Matchmaker, Matchmaker – Make Me a Match

  20. www.GROW-California.com • Davis – July 20 & 21 Davis – July 20 & 21 Oakland – Sept. 14 & 15 jon@grow-california.com Pleasanton – Nov. 16 & 17

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