Download
tech columbus presents tech start n.
Skip this Video
Loading SlideShow in 5 Seconds..
TECH COLUMBUS Presents Tech Start PowerPoint Presentation
Download Presentation
TECH COLUMBUS Presents Tech Start

TECH COLUMBUS Presents Tech Start

335 Vues Download Presentation
Télécharger la présentation

TECH COLUMBUS Presents Tech Start

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. TECHCOLUMBUSPresentsTechStart

  2. TECHCOLUMBUS Accelerating the Business of Technology: • Acceleration of company formation & growth • Business planning, coaching • Advisory, technical, professional services • Capital access and preparation • Accelerator specialized facilities and services for tech-based companies • Membership Connect, Learn and Grow

  3. TechColumbus Impact

  4. Central Ohio TechStart Delaware Fairfield Fayette Franklin Hocking Knox Licking Logan Madison Marion Morrow Perry Pickaway Ross Union 3 Years $15 M Award $7.5 M Match $22.5 M Total Enhanced Management Access to Capital

  5. TechStart Partners

  6. TechStart • Building on our regional strengths • Increase the creation of high growth, scalable, technology based businesses • Connecting ideas, talent, and capital • Coaching and mentoring to shape ideas into investable, scalable deals

  7. TechStart Impact

  8. Target: Technology Based Opportunities • Early Stage $0 - $5M in Revenues • Scalable $30 - $50 M in 3 – 7 years • Market Opportunity $100 M or more • Investable willing and able to provide return • Coachable willing & capable to implement • Experienced team with market knowledge • Unique Value Proposition that solves a problem • Barriers to compete, IP, exclusives,

  9. Entrepreneurs Seek $ “Just Add Money” IDEA = DEAL /

  10. ENGAGE Process • ENGAGE • 3 pg Executive Summary to address 9 Questions • COACHING • Evolve plan to a scalable, investable model • Validate assumptions to reduce risk • Understand the investor’s perspective • CONNECT • Identify and introduce individuals that add value • Identify appropriate capital resources

  11. Introduction of the Opportunity 3-4 page description of business opportunity • What will the business do • What makes it unique • How it will make money • Who will be the customers or partners • How large is the market opportunity • What are the competing solutions • When will the business be successful • Who we are and our strategic partnerships • What is needed to be successful

  12. Focused on providing support for promising SBIR and STTR grants in Central Ohio. • ESP will provide up to $4,000 for proposal writing expertise for selected grants.

  13. Very early, generally pre-company grant to validate commercial potential. • market research, prototyping, IP analysis and or development, • Typically grant < $50k – possible $90K total

  14. Convertible debt investment • $250,000 - $500,000 amounts • Milestone-based cash draws • Assigned an EIR

  15. Ohio TechAngel Fund • $10M in three funds, 196 units • 3rd largest angel group in the nation • 20 investments since 2004 • Approx $2.3 M investments w/ $24 M leverage

  16. Additional Capital Programs • Small Business Innovation Research (SBIR) • www.sbirworld.com • Ohio Research and Commercialization Program • www.thirdfrontier.com • Technology Investment Tax Credit • www.odod.state.oh.us/tech/titc/ • Innovation Ohio Loan Fund • www.thirdfrontier.com

  17. What now? • Community Leaders • Communicate your assets and your successes • Connect your technology community • Entrepreneurs • ENGAGE at www.TECHCOLUMBUS.ORG • Start Networking

  18. Questions? Stefphanie R. Harper TECHCOLUMBUS Director, Venture Development Outreach ENGAGE at www.TECHCOLUMBUS.ORG