NJEN: STATE AND FEDERAL RESOURCES FOR ENTREPRENEURS. April 13, 2016

Size: px
Start display at page:

Download "NJEN: STATE AND FEDERAL RESOURCES FOR ENTREPRENEURS. April 13, 2016"

Transcription

1 NJEN: STATE AND FEDERAL RESOURCES FOR ENTREPRENEURS April 13, 2016

2 New Jersey Economic Development Authority Mission The New Jersey Economic Development Authority (EDA) is an independent State agency that finances small and mid-sized businesses, administers tax incentives to retain and grow jobs, revitalizes communities through redevelopment initiatives, and supports entrepreneurial development by providing access to training and mentoring programs. EDA Support of Tech & Life Sciences With a focus on stimulating the growth of New Jersey s innovation economy, EDA offers a continuum of assistance to help companies at every stage of growth. From financing and real estate to networking and mentoring, hundreds of entrepreneurs, emerging businesses and established companies benefit from EDA s support each year. 2

3 EDA Impact on Pharmaceutical/Biotech Industry in New Jersey Incentives Angel Tax Credit Program Technology Business Tax Certificate Transfer Program Real Estate CCIT (New Jersey s leading life sciences incubator) - EIR - Founders and Funders - Success stories tenant examples: Genewiz & Amicus Therapeutics Waterfront Technology Center at Camden 3

4 Angel Investor Tax Credit Program The New Jersey Angel Investor Tax Credit establishes credits against corporation business or gross income taxes for the purposes of stimulating investment in New Jersey emerging technology businesses. IF YOU ARE: A taxpayer, filing in New Jersey, who invests in calendar year 2012 or after, in a qualifying New Jersey emerging technology business with fewer than 225 employees, at least 75% of whom work in New Jersey. YOU CAN APPLY FOR: A tax credit against New Jersey corporation business or gross income tax. IN THE AMOUNT OF: Ten percent (10%) of the qualified investment made in a New Jersey emerging technology business, up to a maximum allowed credit of $500,000 for each qualified investment. PROGRAM DETAILS: Up to $25 million of Angel Investor tax credit may be approved per calendar year. If the cumulative credits claimed by taxpayers exceed the amount available in a given year, then credits will be applied in the order in which applications are received and complete, starting on the first day of the succeeding calendar year in which Angel Investor tax credits do not exceed the amount of credits available. 4

5 Angel Investor Tax Credit Program (continued) 2015 Statistics The EDA approved 213 Angel Investor Tax Credit investments in 2015 to support New Jersey-based emerging technology and life sciences companies, representing the investment of more than $50 million of private capital. Sector Investment amount Applications % of total investments % of total applications Technology $ 23,682, % 67% Clean Technology $ 14,134, % 17% Life Sciences $ 13,245, % 16% 5

6 Technology Tax Transfer Certificate Program (NOL) The NOL program supports NJ-based early stage life science and technology firms by providing a mechanism to sell their net operating losses and unused R&D credits in return for non-dilutive funding. GRANT: $60 million annual pool, with up to $10 million set aside for Innovation Zone Applicants in Newark, Greater New Brunswick and Camden. $15 million (lifetime) per eligible applicant TIMELINE: 6-month process beginning June through December ELIGIBILITY: Intellectual Property, Minimum Employment, job growth based on years in business, primary business must involve provision of scientific process, product, or service. TO BE USED FOR: Funding can be used for growth and operations, either as working capital or to fund research. 6

7 Technology Tax Transfer Certificate Program (continued) 2015 NOL Program Statistics 44 Companies Applied: 41 Approved $47.4 million in Benefits Allocated 26 Biotech / 18 Tech Companies 37 Returning Applicants / 7 New to the Program 21 Companies Participating in Other EDA Programs 7

8 Commercialization Center for Innovative Technologies (CCIT) Situated on the campus of the Technology Centre of New Jersey, CCIT is a hallmark of best practices programming and design to support technology development. 46,000-square-feet facility 22 Current Life Sciences Tenants Affordable Lab & Office Space 100% Occupied! 8

9 CCIT Executive-in-Residence Situated on the campus of the Technology Centre of New Jersey, CCIT is a hallmark of best practices programming and design to support technology development. Benefits CCIT Tenants and Executives-in-Residence Ideal for pharmaceutical and biotech executives currently in transition - provides exposure and networking opportunities to Executives Rolling application process 9

10 New Jersey Founders & Funders Speed dating between only NJ based companies and investors Companies in fundraising mode meet with investors 10-minute Q& A, one-on-one sessions Matches prescreened for investment stage and technology type Initiated in 2014, held 2x a year 90+ investors have benefited from Founders & Funders Registration now available for the Fall 2016 event 10

11 CCIT Graduate Success Stories CCIT boasts a host of successful graduates, including several that today boast over 100 employees each! Biopharmaceutical company Amicus Therapeutics moved to CCIT in 2002, bringing seven employees and occupying four 800-square-foot labs. By 2005, Amicus had grown to 23 employees and occupied seven lab units, as well as additional office space. With future growth expected, Amicus became CCIT s first graduate when it moved to a standalone facility in Cranbury. By 2008, the company had hired its 100 th employee. Amicus took advantage of the Technology Business Tax Certificate Transfer Program and also was supported by the Garden State Life Sciences Venture Fund, which is supported by a $10 million investment from the EDA. Serving the life science community for 11 years, GENEWIZ, Inc. is the #1 provider of Sanger DNA sequencing services, as well as the partner of choice for gene synthesis, molecular biology, genomic, and GLP-compliant regulatory services. Headquartered in South Plainfield, GENEWIZ is a privately-held, global enterprise with additional laboratory locations in Washington D.C. Metro, Boston, San Diego, and China. In June 2014, GENEWIZ, Inc. celebrated its new 11,000-square-foot administrative facility in South Plainfield! 11

12 Waterfront Technology Center at Camden The Waterfront Technology Center at Camden is a 100,000-square-foot facility designed exclusively to accommodate the work of established businesses and startups in the biosciences, microelectronics, advanced materials, information technology and other high-tech and life sciences fields. More than 30 students and 40 faculty members from the Rutgers Center for Computational and Integrative Biology currently use approximately 9,000-square-feet of lab space at the WTCC for their research. 12

13 Q & A Kamran Hashmi Program Manager Tech & Life Sciences khashmi@njeda.com (609) For more information please visit and follow us on LinkedIn and Twitter 13

Notice of Public Meeting. Roll Call. Approval of Previous Month s Minutes. Chief Executive Officer s Monthly Report to the Board.

Notice of Public Meeting. Roll Call. Approval of Previous Month s Minutes. Chief Executive Officer s Monthly Report to the Board. MEMORANDUM TO: FROM: Members of the Authority Caren S. Franzini Chief Executive Officer DATE: February 14, 2012 SUBJECT: Agenda for Board Meeting of the Authority February 14, 2012 Notice of Public Meeting

More information

Notice of Public Meeting. Roll Call. Approval of Previous Month s Minutes. Chief Executive Officer s Monthly Report to the Board.

Notice of Public Meeting. Roll Call. Approval of Previous Month s Minutes. Chief Executive Officer s Monthly Report to the Board. MEMORANDUM TO: FROM: Members of the Authority Caren S. Franzini Chief Executive Officer DATE: July 15, 2010 SUBJECT: Agenda for Board Meeting of the Authority July 15, 2010 Notice of Public Meeting Roll

More information

Life Sciences Outlook. New York City 2016

Life Sciences Outlook. New York City 2016 Life Sciences Outlook City 2016 City is emerging as a leading destination for biotech startups and the larger life sciences industry. Investors have committed millions of dollars throughout the city and

More information

MEMORANDUM. SUBJECT: Agenda for Board Meeting of the Authority August 12, 2008

MEMORANDUM. SUBJECT: Agenda for Board Meeting of the Authority August 12, 2008 MEMORANDUM TO: FROM: Members of the Authority Caren S. Franzini Chief Executive Officer DATE: August 12, 2008 SUBJECT: Agenda for Board Meeting of the Authority August 12, 2008 1. Notice of Public Meeting

More information

Business angels Published on Innovation Policy Platform (https://www.innovationpolicyplatform.org)

Business angels Published on Innovation Policy Platform (https://www.innovationpolicyplatform.org) This section explores the role of business angels in financing prototype development and market demonstrations. It provides a full characterization of business angels (types, motivations, activities they

More information

Understanding Venture Capital

Understanding Venture Capital Understanding Venture capitalists believe innovation is the foundation of Michigan s growing economy. As a result, over the last 15 years, the venture capital industry has become a significant driver in

More information

Financing Baltimore s Growth: Venture Capital Support for Small Companies

Financing Baltimore s Growth: Venture Capital Support for Small Companies Financing Baltimore s Growth: Venture Capital Support for Small Companies by Mary Miller, Ben Seigel, Mac McComas, and Lee Scrivener October 2018 Executive Summary In 2017, the Johns Hopkins 21st Century

More information

Regional Innovation Ecosystems:

Regional Innovation Ecosystems: Regional Innovation Ecosystems: The Role of the University in Fostering Economic Growth Ross DeVol Chief Research Officer Milken Institute Caltech Giant High Level Forum, Leading Innovation Ecosystems

More information

LEFKOFSKY HISTORY AND FACTUAL TIMELINE:

LEFKOFSKY HISTORY AND FACTUAL TIMELINE: LEFKOFSKY HISTORY AND FACTUAL TIMELINE: 1. Eric Lefkofsky is President of Blue Media, LLC; co-founded Lightbank, and is CEO of Groupon. Source: Eric Lefkofsky s public website hyperlinked below and Lefkofsky

More information

Debra Young, PHR Executive Vice President DHR International, Inc.

Debra Young, PHR Executive Vice President DHR International, Inc. Debra Young, PHR Executive Vice President DHR International, Inc. Debra s Background DU graduate with BM and MA degrees PHR Certified Human Resources Management Certification, Villanova University Paralegal

More information

The State of Innovation. Orlando Saez

The State of Innovation. Orlando Saez The State of Innovation Orlando Saez Separating fact from myth Myth Illinois is hostile to businesses. Fact Illinois is a good place to do business, and it s getting better everyday. Illinois Economy Highlights

More information

Dynamic Cities and Creative Clusters

Dynamic Cities and Creative Clusters Dynamic Cities and Creative Clusters Weiping Wu Associate Professor Urban Studies, Geography and Planning Virginia Commonwealth University, USA wwu@vcu.edu Presented at the Fourth International Meeting

More information

Creating a University Angel Group

Creating a University Angel Group The National Council of Entrepreneurial Tech Transfer Kent State University College of Business Administration Creating a University Angel Group to Fund Your Student, Faculty, Researcher and Alumni Startups

More information

Life Sciences Outlook. Westchester County 2016

Life Sciences Outlook. Westchester County 2016 Life Sciences Outlook Westchester County 2016 Westchester County Just a short distance from Manhattan, Westchester County is an ideal location to many firms looking to attract and retain talent. The access

More information

U.S. Small Business Administration Office of Investment and Innovation. SBIC Overview

U.S. Small Business Administration Office of Investment and Innovation. SBIC Overview U.S. Administration Office of Investment and Innovation SBIC Overview 1 Office of Investment and Innovation @30,000 Feet SBA s Office of Investment and Innovation (OII) leads programs that provide the

More information

SBA Mission Who We Are

SBA Mission Who We Are SBA Mission Who We Are SBA Small Business Administration Independent agency of the Federal Gov t established in 1953 SBA helps make the American dream of business ownership a reality. Mission We empower

More information

Winter 2004/05. Shaping Oklahoma s Future Economy. Success Stories: SemGroup, SolArc Technology Yearbook

Winter 2004/05. Shaping Oklahoma s Future Economy. Success Stories: SemGroup, SolArc Technology Yearbook Winter 2004/05 Shaping Oklahoma s Future Economy Success Stories: SemGroup, SolArc Technology Yearbook By William H. Payne Angel Investor and Entrepreneur-in-Residence at Kauffman Foundation, Kansas City

More information

Life Sciences Outlook

Life Sciences Outlook New Jersey 2018 JLL Research Report Life Sciences Outlook Breakthrough discoveries at a breathtaking pace 2 New Jersey The pharmaceutical/life sciences industry has historically been one of New Jersey

More information

Getting Started. This Lecture

Getting Started. This Lecture Getting Started Entrepreneurship (MGT-271) Lecture 9-11 This Lecture Intellectual Property Rights Forms of intellectual property Patent, its types and steps to obtaining patent Potential financing sources

More information

COLUMBUS 2020 A REGIONAL GROWTH STRATEGY FOR CENTRAL OHIO

COLUMBUS 2020 A REGIONAL GROWTH STRATEGY FOR CENTRAL OHIO COLUMBUS 2020 A REGIONAL GROWTH STRATEGY FOR CENTRAL OHIO Vision To achieve the strongest decade of growth in the Columbus Region s history Mission To strengthen the economic base of the 11-county Columbus

More information

MITA VENTURES. #MITATechTalks16 MITA VENTURES WELCOME MITA TECHTALKS 2016

MITA VENTURES. #MITATechTalks16 MITA VENTURES WELCOME MITA TECHTALKS 2016 WELCOME TECHTALKS 2016 #TechTalks16 UPDATE THE YEAR IN REVIEW Our Story The Seed Fund The TechTalks & Satellite Sessions Changes in the Team THE STORY ACCOMPLISHMENTS & MILESTONES The right Team established

More information

2018 PHILADELPHIA VENTURE REPORT

2018 PHILADELPHIA VENTURE REPORT 2018 PHILADELPHIA VENTURE REPORT Data provided by IT S NOT A RISK WHEN YOU HAVE WHAT IT TAKES. Matt Klinger Senior Vice President Mid-Atlantic (703) 547-8198 We believe in the risk takers, the game-changers

More information

ECSEL JU Symposium 2018 Electronics: a vision and how to get there Lessons learned from study on access-to-finance conditions. Brussels, June

ECSEL JU Symposium 2018 Electronics: a vision and how to get there Lessons learned from study on access-to-finance conditions. Brussels, June ECSEL JU Symposium 2018 Electronics: a vision and how to get there Lessons learned from study on access-to-finance conditions Brussels, June 19 2018 50 companies, financing providers and industry participants

More information

Overview of Venture Equity

Overview of Venture Equity Overview of Venture Equity SVB Analytics Report 2017 Written by SVB Analytics: Steve Liu Managing Director sliu@svb.com Sean Lawson Senior Manager slawson2@svb.com Steven Pipp Senior Associate spipp@svb.com

More information

Insight: Measuring Manhattan s Creative Workforce. Spring 2017

Insight: Measuring Manhattan s Creative Workforce. Spring 2017 Insight: Measuring Manhattan s Creative Workforce Spring 2017 Richard Florida Clinical Research Professor NYU School of Professional Studies Steven Pedigo Director NYUSPS Urban Lab Clinical Assistant Professor

More information

2012 Small Business Leadership Forum hosted by CFO Jeff Atwater and the Jim Moran Institute

2012 Small Business Leadership Forum hosted by CFO Jeff Atwater and the Jim Moran Institute CONTENTS Please click on the presentation you would like to view Small Businesses and Florida s Economy Sean Snaith, PhD David Denslow, PhD Growing Your Small Business Jerry Cartwright Hugh Dailey September

More information

261 Gorham Road South Portland, ME Company Profile

261 Gorham Road South Portland, ME Company Profile Company Profile Preservation Management, Inc. (PMI) has been providing comprehensive residential and commercial property management services since 1990. Over the last two decades PMI has grown to manage

More information

Introduction to the SMEs Division of WIPO

Introduction to the SMEs Division of WIPO Introduction to the SMEs Division of WIPO Guriqbal Singh Jaiya Director Small and Medium-Sized Enterprises Division World Intellectual Property Organization 1 National Needs and Concerns Sustainable Economic

More information

WPI Intellectual Property A day in the life of the tech transfer office. Todd Keiller Director, Intellectual Property and Innovation

WPI Intellectual Property A day in the life of the tech transfer office. Todd Keiller Director, Intellectual Property and Innovation WPI Intellectual Property A day in the life of the tech transfer office Todd Keiller Director, Intellectual Property and Innovation Who does research? Federal and state governments Defense, public health,

More information

Raising capital Healthy fundraising tension shows the market s underlying strength

Raising capital Healthy fundraising tension shows the market s underlying strength Innovation Economy Outlook 2015 Raising capital Healthy fundraising tension shows the market s underlying strength Inside > Capital is plentiful, but fundraising remains a challenge. > A tough environment

More information

Rural Venture Capital: 1 st RFP

Rural Venture Capital: 1 st RFP Our Footprint Our Structure Both holding company (First Southwest Bancorp) and First Southwest Bank are CDFIs. First Southwest Community Fund, a 501c3 affiliate of First Southwest Bank, will apply to become

More information

NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD

NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD April 2012 THE PENDULUM SWINGS IN FUNDING: NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD 2 Survey Overview The Palo Alto office of Dorsey & Whitney embarked on their second market survey of

More information

Public Policy for Angels. Angels are Important to the Economy: Public Policy Strategies to Promote More Investment in Entrepreneurial Companies

Public Policy for Angels. Angels are Important to the Economy: Public Policy Strategies to Promote More Investment in Entrepreneurial Companies Public Policy for Angels Angels are Important to the Economy: Public Policy Strategies to Promote More Investment in Entrepreneurial Companies Agenda Who angels are and how they support entrepreneurs and

More information

Discovery: From Concept to the Patient - The Business of Medical Discovery. Todd Sherer, Ph.D.

Discovery: From Concept to the Patient - The Business of Medical Discovery. Todd Sherer, Ph.D. Discovery: From Concept to the Patient - The Business of Medical Discovery Todd Sherer, Ph.D. Associate Vice President for Research and Director of OTT President Elect, Association of University Technology

More information

Challenging Times: Sustaining Your Business While Waiting for Financing. January 14, 2009

Challenging Times: Sustaining Your Business While Waiting for Financing. January 14, 2009 Challenging Times: Sustaining Your Business While Waiting for Financing January 14, 2009 Attorney Advertising Prior results do not guarantee a similar outcome Models used are not clients but may be representative

More information

WIRED BIOSCIENCE INSTITUTE. February 5-6, 2008 Winston Salem, North Carolina

WIRED BIOSCIENCE INSTITUTE. February 5-6, 2008 Winston Salem, North Carolina Day 1: February 5, 2008 WIRED BIOSCIENCE INSTITUTE February 5-6, 2008 Winston Salem, North Carolina 7:30-8:30am 8:30-9:00am 9:00-10:00am 10:00-10:15am 10:15-11:30am Registration Welcome, Opening Remarks,

More information

Entrepreneurial Impact: The Role of MIT

Entrepreneurial Impact: The Role of MIT Entrepreneurial Impact: The Role of MIT Edward B. Roberts & Charles Eesley MIT Sloan School of Management Presented by Edward Roberts Washington, D.C. February 17, 2009 Table 1. Estimated Employment and

More information

ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid

ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid ESban Financing Innovation in SMEs: the role of Business Angels 11 th December 2009, Madrid Business Angel Networks as a Catalyst of Private Investment in Europe Brigitte Baumann CEO of Go Beyond & President

More information

Q INTRODUCTION VC ACTIVITY OVERVIEW. Investment and fundraising. Deal size.

Q INTRODUCTION VC ACTIVITY OVERVIEW. Investment and fundraising. Deal size. www.sme-fdi.gc.ca/vcmonitor VENTURE CAPITAL MONITOR A QUARTERLY UPDATE ON THE CANADIAN VENTURE CAPITAL INDUSTRY Canadian high growth innovative small and medium-sized enterprises (SMEs) that commercialize

More information

Colliers International Real Estate Trends2018

Colliers International Real Estate Trends2018 Colliers International Real Estate Trends2018 Colliers International Silicon Valley Market Recap San Jose, California - February 13, 2018 - In its 19th consecutive year, last week Colliers International

More information

NYC Tech Connect. Connecting the Dots Between Entrepreneurship and Innovation. Melinda Thomas

NYC Tech Connect. Connecting the Dots Between Entrepreneurship and Innovation. Melinda Thomas NYC Tech Connect Connecting the Dots Between Entrepreneurship and Innovation Melinda Thomas Presentation Outline 1. NYC Tech Connect 2. Entrepreneur-In-Residence 3. Melinda Thomas 4. Current Work 5. Future

More information

Greater Binghamton, New York

Greater Binghamton, New York Presentation: COLLABORATING FOR OUR FUTURE Greater Binghamton, New York www.angeloueconomics.com Angelos G. Angelou July 25, 2006 PROGRAM 1. Greater Binghamton Today 2. Target Industries 3. What it Takes

More information

VENTURE CAPITAL. Financing startup and emerging growth companies Long term/patient capital Equity financing High Risk/High Return Exits: M &A or IPO

VENTURE CAPITAL. Financing startup and emerging growth companies Long term/patient capital Equity financing High Risk/High Return Exits: M &A or IPO VENTURE CAPITAL Financing startup and emerging growth companies Long term/patient capital Equity financing High Risk/High Return Exits: M &A or IPO TWO ENTITIES BlueTree Allied Angels Aggregates active

More information

Investing in Regional Sustainability Norris Lozano, PDC

Investing in Regional Sustainability Norris Lozano, PDC Investing in Regional Sustainability Norris Lozano, PDC Regional Leaders Seminar Series Institute of Metropolitan Studies Portland, OR May 10, 2004 1 The Portland Development Commission Housing Infrastructure

More information

Evolution of U.S. Innovation Policy

Evolution of U.S. Innovation Policy Evolution of U.S. Innovation Policy Gregory Tassey Economic Analysis Office National Institute of Standards and Technology tassey@nist.gov October 2011 The Innovation Policy Challenge Characteristics of

More information

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. Long Island JLL Research

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. Long Island JLL Research Life Sciences Long Island 2017 An evolving industry: Today s clusters creating tomorrow s breakthroughs JLL Research Suffolk County Stony Brook University serves as an integral part of the research corridor

More information

Training program on Business Valuation

Training program on Business Valuation Training program on Business Valuation Learn Organized by For whom When Where Contact Cost This training program is aimed to provide entrepreneurs with an indepth guide to business valuation how to measure,

More information

Financing Growth Ventures to Minimize Equity Dilution

Financing Growth Ventures to Minimize Equity Dilution Financing Growth Ventures to Minimize Equity Dilution An entrepreneurial team s mission is to develop and grow its venture and to optimize the management team s equity ownership stake. Significant growth

More information

CASE STUDY THE TRIDENT CASE. Striving for Made in the USA in the Inland Empire ONTARIOTHINKSBUSINESS.COM

CASE STUDY THE TRIDENT CASE. Striving for Made in the USA in the Inland Empire ONTARIOTHINKSBUSINESS.COM CASE STUDY THE TRIDENT CASE Striving for Made in the USA in the Inland Empire ONTARIOTHINKSBUSINESS.COM When Lip Yow founded Trident Case in 2010, he drew upon his experience from successful careers in

More information

Technology transfer and development: implications of four case studies Session 2

Technology transfer and development: implications of four case studies Session 2 Technology transfer and development: implications of four case studies Session 2 Short courses for Permanent Missions in Geneva Monday, 15 December 2014 Michael Lim Policy Review Section Division on Technology

More information

Technology Transfer: Working with Industry at MIT. 10 February 2009 Kenneth A. Goldman Manager, Corporate Relations MIT Industrial Liaison Program

Technology Transfer: Working with Industry at MIT. 10 February 2009 Kenneth A. Goldman Manager, Corporate Relations MIT Industrial Liaison Program Technology Transfer: Working with Industry at MIT 10 February 2009 Kenneth A. Goldman Manager, Corporate Relations MIT Industrial Liaison Program Observations Innovation is key to economic growth; impact

More information

François G. Laugier's Representative Experience

François G. Laugier's Representative Experience François G. Laugier's Representative Experience Practice Area: International, Mergers & Acquisitions Key Issues: Acquisitions (For Buyer) Client Type: Foreign Publicly-Traded Naval Technology Company Description:

More information

STEVEN C. COSENTINO, CPA Rockwell Ct. Poway, CA (619)

STEVEN C. COSENTINO, CPA Rockwell Ct. Poway, CA (619) STEVEN C. COSENTINO, CPA 12833 Rockwell Ct. Poway, CA 92064 stevecosentino@pointloma.edu (619) 849-2625 EDUCATION AND CERTIFICATION Master of Business Administration Finance, 1989 San Diego State University,

More information

GOALS FOR PRESENTATION

GOALS FOR PRESENTATION Shubha Ghosh Professor of Law Associate Director, INSITE University of Wisconsin, Madison GOALS FOR PRESENTATION Background Major Issues Policy Concerns 2 My Background PhD in Economics from Michigan and

More information

Size of California s economy US$ trillions, 2009

Size of California s economy US$ trillions, 2009 Size of California s economy US$ trillions, 2009 Rank Country Gross domestic product 1 United States 14 2 Japan 5.1 3 China 4.9 4 Germany 3.3 5 France 2.6 6 United Kingdom 2.2 7 44 Italy 2.1 8 California

More information

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. New Jersey JLL Research

Life Sciences. An evolving industry: Today s clusters creating tomorrow s breakthroughs. New Jersey JLL Research Life Sciences New Jersey 2017 An evolving industry: Today s clusters creating tomorrow s breakthroughs JLL Research 2 New Jersey Over the course of the past 130 years, the pharmaceutical/life sciences

More information

ACCESS TO FINANCING FOR SMEs Problems and Challenges. Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005.

ACCESS TO FINANCING FOR SMEs Problems and Challenges. Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005. ACCESS TO FINANCING FOR SMEs Problems and Challenges Prof. dr Dejan Erić Belgrade Banking Academy Member of the ERENET Network 2005. WHY SMEs? SMEs very heterogeneous group, which include a wide variation

More information

Polling Question 1: What is the most important issue for job creation in California?

Polling Question 1: What is the most important issue for job creation in California? Polling Question 1: What is the most important issue for job creation in California? 1. Improving state s regulatory climate 2. Increasing access to credit for small businesses 3. Retaining talent / developing

More information

II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011

II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011 www.pwc.com/br II Simpósio Internacional PwC Inovação em Gestão Pública Abril 2011 Agenda Importance of New York City s financial services sector Responses to the recession Investment trends in New York

More information

How attractive is the BioRegion of Catalonia for foreign investment? Guy Nohra Co-Founder and Managing Director of Alta Partners

How attractive is the BioRegion of Catalonia for foreign investment? Guy Nohra Co-Founder and Managing Director of Alta Partners How attractive is the BioRegion of Catalonia for foreign investment? Guy Nohra Co-Founder and Managing Director of Alta Partners How attractive is the BioRegion of Catalonia for foreign investment? M ost

More information

9/27/2013. Office of Technology Transfer Overview. Impacts from NC State Technology Transfer. NC State s Office of Technology Transfer

9/27/2013. Office of Technology Transfer Overview. Impacts from NC State Technology Transfer. NC State s Office of Technology Transfer Office of Technology Transfer Overview Cluster Hire Faculty Orientation September 25, Kelly B. Sexton, Ph.D. Director North Carolina State University Impacts from NC State Technology Transfer 800 U.S.

More information

Give Me 5: GENDER LENS INVESTING: THE RISING TIDE OF WOMEN ANGELS

Give Me 5: GENDER LENS INVESTING: THE RISING TIDE OF WOMEN ANGELS Thank You for Joining Us Give Me 5: GENDER LENS INVESTING: THE RISING TIDE OF WOMEN ANGELS Other webinars can be found at www.giveme5.com. WIPP is a national nonpartisan organization advocating on behalf

More information

Our Portfolio Companies in India include (Sample):

Our Portfolio Companies in India include (Sample): The New Ventures program was incubated as a part of the World Resources Institute (WRI), a leading global environmental think tank based in Washington DC. New Ventures addresses the key barriers to green

More information

The Optimum Exits Workshop Section 3 Financing Your Company

The Optimum Exits Workshop Section 3 Financing Your Company The Optimum Exits Workshop Section 3 Financing Your Company Acetech Vancouver, BC December 7, 2011 Basil Peters Financing is easy Exiting is hard First Exit Strategy, Then Finance This doesn t happen most

More information

Business Opportunities in New York State

Business Opportunities in New York State Business Opportunities in New York State The New York- A Variety of Venues Bustling cities Quiet suburbs Pristine countryside 2 World-Class Marketplace 2nd with foreign affiliate property or employment

More information

The Strategy of Promoting Born - Global and High- Growth SMEs

The Strategy of Promoting Born - Global and High- Growth SMEs 2014/SMEWG39/011 Agenda Item: 11.1.3 The Strategy of Promoting Born - Global and High- Growth SMEs Purpose: Information Submitted by: Chinese Taipei 39 th Small and Medium Enterprises Working Group Meeting

More information

Scripps Florida. Accelerating Discoveries, Saving Lives. Presentation to the Urban Land Institute November 4, 2011

Scripps Florida. Accelerating Discoveries, Saving Lives. Presentation to the Urban Land Institute November 4, 2011 Scripps Florida Accelerating Discoveries, Saving Lives Presentation to the Urban Land Institute November 4, 2011 Alex Bruner Associate Vice President, Philanthropy 1921- Founding of the Scripps Metabolic

More information

SOUTH BAY CORPORATE CENTER

SOUTH BAY CORPORATE CENTER F O R L E A S E 1 9 2, 6 6 9 S F C o r p o r at e H e a d q u a r t e r s O f f i c e a n d R & D B u i l d i n G South Bay Corporate Center is a prominent office and R&D corporate headquarters facility

More information

Concept Note Africa Innovation Summit Satellite Event: South Africa 6 8 June 2018 The Venue, Pretoria

Concept Note Africa Innovation Summit Satellite Event: South Africa 6 8 June 2018 The Venue, Pretoria Concept Note Africa Innovation Summit Satellite Event: South Africa 6 8 June 2018 The Venue, Pretoria 1. Background In recent years, Africa s economic development narrative has emphasized the need for

More information

SME Policy Design and Evaluation: Insights from Research on Entrepreneurship and Innovation

SME Policy Design and Evaluation: Insights from Research on Entrepreneurship and Innovation SME Policy Design and Evaluation: Insights from Research on Entrepreneurship and Innovation Winslow Sargeant, Ph.D. Vice President of Data and Policy, ICSB Email: wsarge2010@me.com October 13, 2016 Background

More information

Peter C. Freeman has over 40 year s experience in financial management, creating financial infrastructure and raising capital for established, startup,

Peter C. Freeman has over 40 year s experience in financial management, creating financial infrastructure and raising capital for established, startup, Peter C. Freeman has over 40 year s experience in financial management, creating financial infrastructure and raising capital for established, startup, and turnaround companies. He is an active angel investor

More information

Life Sciences Outlook

Life Sciences Outlook Life Sciences Outlook Raleigh- 2013-2014 Mid-tier biotech and specialty pharmaceuticals drive demand Across North America, activity and demand within the life sciences industry seems to have shifted from

More information

Promoting Foreign Direct Investment in The United States. Christopher Clement International Investment Specialist Invest in America

Promoting Foreign Direct Investment in The United States. Christopher Clement International Investment Specialist Invest in America Promoting Foreign Direct Investment in The United States Christopher Clement International Investment Specialist Invest in America FDI in the U.S. Economy 5.2 million $40 billion $55 billion $190 billion

More information

FINLAND. The use of different types of policy instruments; and/or Attention or support given to particular S&T policy areas.

FINLAND. The use of different types of policy instruments; and/or Attention or support given to particular S&T policy areas. FINLAND 1. General policy framework Countries are requested to provide material that broadly describes policies related to science, technology and innovation. This includes key policy documents, such as

More information

Canada s Support for Research & Development. Suggestions to Improve the Return on Investment (ROI)

Canada s Support for Research & Development. Suggestions to Improve the Return on Investment (ROI) Canada s Support for Research & Development Suggestions to Improve the Return on Investment (ROI) As Canada s business development bank, BDC works with close to 29,000 clients. It does this through a network

More information

UW REGULATION Patents and Copyrights

UW REGULATION Patents and Copyrights UW REGULATION 3-641 Patents and Copyrights I. GENERAL INFORMATION The Vice President for Research and Economic Development is the University of Wyoming officer responsible for articulating policy and procedures

More information

INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM

INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM June 22, 2018 ii Table of Contents Introduction... 1 Talent Pipeline... 3 FIRST Participation... 3 STEM Degrees... 4 Knowledge Worker Migration... 6 Workforce

More information

Helping our heroes get from the battlefield to the board room.

Helping our heroes get from the battlefield to the board room. SPONSOR INFORMATION Jones Graduate School of Business Helping our heroes get from the battlefield to the board room. April 13 14, 2018 Rice University vetbizbattle.com WHAT IS VETERANS BUSINESS BATTLE?

More information

U.S. Small Business Administration Tim Jeffcoat, District Director Houston District Office

U.S. Small Business Administration Tim Jeffcoat, District Director Houston District Office U.S. Small Business Administration Tim Jeffcoat, District Director Houston District Office AGENDA Who Are We and What Do We Do and How Do We Do It and Who Does It and Why You Should Care Warning! Warning!

More information

Venture capital - An introduction into the nature of venture capital

Venture capital - An introduction into the nature of venture capital 08-4-2000 Venture capital - An introduction into the nature of venture capital Boris Brosowski South Africa Table of contents: 1. INTRODUCTION... 3 2. THE NATURE OF VENTURE CAPITAL... 3 2.1. WHAT IS VENTURE

More information

United States Small Business Administration Office of Hearings and Appeals

United States Small Business Administration Office of Hearings and Appeals Cite as: Matter of Alaka i Consulting & Engineering, Inc., SBA No. (2008) United States Small Business Administration Office of Hearings and Appeals IN THE MATTER OF: Alaka i Consulting & Engineering,

More information

MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION

MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION STUDIA UNIVERSITATIS BABEŞ-BOLYAI, NEGOTIA, LV, 1, 2010 MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION VALENTINA DIANA IGNĂTESCU 1 ABSTRACT. This paper aims to identify and analyze the principal measures

More information

CapNexus Webinar Series Part 1: Using NMTC for Innovative Financing

CapNexus Webinar Series Part 1: Using NMTC for Innovative Financing CapNexus Webinar Series Part 1: Using NMTC for Innovative Financing Date: March 8, 2018, 12:30 to 2:00 eastern The CDFI Fund looks for innovative financial approaches when it is scoring CDE applications

More information

Commercialization Strategies that Work

Commercialization Strategies that Work Commercialization Strategies that Work Jenny C. Servo, Ph.D. DAWNBREAKER (585)594-0025 DAWNBREAKER Professional Services firm - Rochester, NY Worked with over 1200 SBIR/STTR firms - Department of Energy,

More information

Angel Financing. UNCP Entrepreneurial Summit UNCP Regional Center at COMtech Pembroke, NC 12 March Presented by:

Angel Financing. UNCP Entrepreneurial Summit UNCP Regional Center at COMtech Pembroke, NC 12 March Presented by: Angel Financing UNCP Entrepreneurial Summit UNCP Regional Center at COMtech Pembroke, NC 12 March 2009 Presented by: Ronald J Podraza Carolina Beach, NC Several Types of Angels Several Types of Angels

More information

Addressing the Innovation Imperative

Addressing the Innovation Imperative Addressing the Innovation Imperative The Role of Public Private Partnerships Pragmatic Approaches to Technology Transfer and Commercialization Belo Horizonte, Brazil November 18, 2009 Charles W. Wessner,

More information

TESTIMONY OF JOHN MAY CHAIRMAN EMERITUS ANGEL CAPITAL ASSOCIATION

TESTIMONY OF JOHN MAY CHAIRMAN EMERITUS ANGEL CAPITAL ASSOCIATION ACA Testifies to US House Sub-Committee Angel Investor Activity Down in Economy Ideas to Catalyze The Angel Capital Association testified on March 26 th at a hearing of the House Committee on Small Business,

More information

Japan s business system has changed significantly since 2000, shifting toward

Japan s business system has changed significantly since 2000, shifting toward 1 Continuity and Change in Japan s Ecosystem for Venture-Capital backed Start-up Companies: Encouraging the Creation of Firms to Stimulate Economic Growth and Jobs Japan s business system has changed significantly

More information

TECHNOLOGY TRANSFER AT THE UNIVERSITY OF TENNESSEE: INVENTIONS AND COMMERCIALIZATION

TECHNOLOGY TRANSFER AT THE UNIVERSITY OF TENNESSEE: INVENTIONS AND COMMERCIALIZATION utrf@tennessee.com TECHNOLOGY TRANSFER AT THE UNIVERSITY OF TENNESSEE: INVENTIONS AND COMMERCIALIZATION Hot Topics in Research, May 23, 2017 Richard Magid, PhD UTRF Vice President WHAT IS TECHNOLOGY TRANSFER?

More information

Scripps Florida Funding Corporation Complies with Requirements and Should Be Continued

Scripps Florida Funding Corporation Complies with Requirements and Should Be Continued October 2009 Report No. 09-36 Scripps Florida Funding Corporation Complies with Requirements and Should Be Continued at a glance The Office of Tourism, Trade, and Economic Development and the Scripps Florida

More information

INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM

INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP MEASUREMENT SYSTEM February 14, 2017 ii Table of Contents Introduction... 1 Talent Pipeline... 3 FIRST Participation... 3 STEM Degrees... 4 Knowledge Worker Migration...

More information

Luis Xavier Barrios.

Luis Xavier Barrios. Luis Xavier Barrios Luis is the Founder and Angel Investor at TheArk.Fund - Formation Capital that aims to create a community of new and seasoned Angel Investors, to invest in Early Stage Startups in preseed

More information

BASED ECONOMIES. Nicholas S. Vonortas

BASED ECONOMIES. Nicholas S. Vonortas KNOWLEDGE- BASED ECONOMIES Nicholas S. Vonortas Center for International Science and Technology Policy & Department of Economics The George Washington University CLAI June 9, 2008 Setting the Stage The

More information

Partnering with Universities for Deal Flow

Partnering with Universities for Deal Flow Partnering with Universities for Deal Flow How working with your local university can lead you to the next Google! Welcome! January 14, 2015 Use chat to submit questions Yes, you ll get the slides We re

More information

2018 Indiana VENTURE REPORT

2018 Indiana VENTURE REPORT 218 Indiana VENTURE REPORT Content Overview................................ 2 Indiana s Growing Economy................. 3 Indiana s Value for Business................. 3 National Venture Capital Trends..............

More information

The American Angel. January 10, 2018

The American Angel. January 10, 2018 The American Angel January 10, 2018 HOW TO GET VALUE FROM THIS WEBINAR Use chat to submit questions Yes, you ll get the slides We re recording, so come back and listen again ANGEL CAPITAL ASSOCIATION TODAY

More information

Session 14 Venture Finance

Session 14 Venture Finance E145 2008 Meets the VCs Session 14 Venture Finance Tom Kosnik (Adapted from slides originally created by Tom Byers) Copyright 2008 by the Board of Trustees of the Leland Stanford Junior University and

More information

HOW TO GET VALUE FROM THIS WEBINAR

HOW TO GET VALUE FROM THIS WEBINAR The American Angel January 10, 2018 HOW TO GET VALUE FROM THIS WEBINAR Use chat to submit questions Yes, you ll get the slides We re recording, so come back and listen again 1 ANGEL CAPITAL ASSOCIATION

More information

Objective 3.1: Provide or stimulate provision by the private sector of affordable housing units.

Objective 3.1: Provide or stimulate provision by the private sector of affordable housing units. 3. HOUSING ELEMENT The purpose of this element is to provide plans and policies that will assist the City in meeting identified or projected deficits in the supply of housing, correcting substandard or

More information

1- History of Silicon Valley Cluster Formation. Core Universit 1891 Stanford University founded. University-originated VB Activity

1- History of Silicon Valley Cluster Formation. Core Universit 1891 Stanford University founded. University-originated VB Activity 1- History of Silicon Valley Cluster Formation 1890 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 (Since 1890)10 20 30 40 50 60 70 80 90 100 110 Core Universit 1891 Stanford University founded

More information