business technology incubation/acceleration

Business Technology Business Technology Incubation/AccelerationIncubation/Acceleration

Business Technology Business Technology Incubation/AccelerationIncubation/Acceleration

By Neil vanHooydonkBy Neil vanHooydonkBy Neil vanHooydonkBy Neil vanHooydonk

The Law of The WildThe Law of The WildBy Rudyard KiplingBy Rudyard Kipling

The Law of The WildThe Law of The WildBy Rudyard KiplingBy Rudyard Kipling

AND THIS IS THE LAW OF THE WILDAND THIS IS THE LAW OF THE WILDAS TRUE AND AS BLUE AS THE SKYAS TRUE AND AS BLUE AS THE SKY

AND THE WOLF THAT KEEPS IT WILL PROSPERAND THE WOLF THAT KEEPS IT WILL PROSPERBUT THE WOLF THAT BREAKS IT WILL DIE BUT THE WOLF THAT BREAKS IT WILL DIE

LIKE THE VINE THAT CIRCLES THE TREE TRUNKLIKE THE VINE THAT CIRCLES THE TREE TRUNKTHIS LAW RUNNETH FORWARD AND BACKTHIS LAW RUNNETH FORWARD AND BACKTHE STRENGTH OF THE PACK IS THE WOLFTHE STRENGTH OF THE PACK IS THE WOLF

AND THE STRENGTH OF THE WOLF IS THE PACKAND THE STRENGTH OF THE WOLF IS THE PACK

DefinitionsDefinitionsDefinitionsDefinitions

IncubateIncubatevb. to keep (as an embryo) under vb. to keep (as an embryo) under

conditions favorable for conditions favorable for developmentdevelopment

AccelerateAcceleratevb. To bring about earlier : to vb. To bring about earlier : to

speed upspeed up

IncubateIncubatevb. to keep (as an embryo) under vb. to keep (as an embryo) under

conditions favorable for conditions favorable for developmentdevelopment

AccelerateAcceleratevb. To bring about earlier : to vb. To bring about earlier : to

speed upspeed up

The Goals of The Goals of IncubationIncubation

The Goals of The Goals of IncubationIncubation

A supportive environment where A supportive environment where new new entrepreneurs receive training in entrepreneurs receive training in business management skillsbusiness management skills & & marketingmarketing

Buffered from stiff market forces with Buffered from stiff market forces with below-market rent, reduced fees for below-market rent, reduced fees for services & a greater access to seed services & a greater access to seed capitalcapital

Have an impact on both the client firms Have an impact on both the client firms & the local economy& the local economy

A supportive environment where A supportive environment where new new entrepreneurs receive training in entrepreneurs receive training in business management skillsbusiness management skills & & marketingmarketing

Buffered from stiff market forces with Buffered from stiff market forces with below-market rent, reduced fees for below-market rent, reduced fees for services & a greater access to seed services & a greater access to seed capitalcapital

Have an impact on both the client firms Have an impact on both the client firms & the local economy& the local economy

The goal of business/technology incubation is to provide:

Types of IncubatorsTypes of Incubatorsbased on their primary sponsorsbased on their primary sponsors

Types of IncubatorsTypes of Incubatorsbased on their primary sponsorsbased on their primary sponsors

Not-For-Profits:Not-For-Profits:– University & college-sponsoredUniversity & college-sponsored– Provincial/local government-Provincial/local government-

sponsored (or publicly-sponsored) sponsored (or publicly-sponsored) For-Profits: For-Profits:

– Private corporatePrivate corporate HybridsHybrids

– Local government & private Local government & private subsidysubsidy

Not-For-Profits:Not-For-Profits:– University & college-sponsoredUniversity & college-sponsored– Provincial/local government-Provincial/local government-

sponsored (or publicly-sponsored) sponsored (or publicly-sponsored) For-Profits: For-Profits:

– Private corporatePrivate corporate HybridsHybrids

– Local government & private Local government & private subsidysubsidy

Types of IncubatorsTypes of Incubatorsdiffer by the priorities set forth differ by the priorities set forth

by their funding agencyby their funding agency


by their funding agencyby their funding agency

To develop firms & to To develop firms & to stimulate entrepreneurshipstimulate entrepreneurship

Pursue job creationPursue job creation Technology developmentTechnology development Product developmentProduct development ProfitProfit

To develop firms & to To develop firms & to stimulate entrepreneurshipstimulate entrepreneurship

Pursue job creationPursue job creation Technology developmentTechnology development Product developmentProduct development ProfitProfit


by their funding agency (continued)by their funding agency (continued)


by their funding agency (continued)by their funding agency (continued)

Economic diversificationEconomic diversification University research University research

commercializationcommercialization Business investment opportunitiesBusiness investment opportunities Tax base expansion for local Tax base expansion for local

governmentgovernment Development of a core of local Development of a core of local

high-technology companieshigh-technology companies Venture capital development & Venture capital development &

neighborhood revitalizationneighborhood revitalization

Economic diversificationEconomic diversification University research University research

commercializationcommercialization Business investment opportunitiesBusiness investment opportunities Tax base expansion for local Tax base expansion for local

governmentgovernment Development of a core of local Development of a core of local

high-technology companieshigh-technology companies Venture capital development & Venture capital development &

neighborhood revitalizationneighborhood revitalization

6 Dimensions of an 6 Dimensions of an IncubatorIncubator

6 Dimensions of an 6 Dimensions of an IncubatorIncubator

1.1. Facilities & locationFacilities & location

2.2. Shared servicesShared services

3.3. Tenant entry & exit criteriaTenant entry & exit criteria

4.4. Mentoring & networkingMentoring & networking

5.5. Funding & supportFunding & support

6.6. Incubator governanceIncubator governance

1.1. Facilities & locationFacilities & location

2.2. Shared servicesShared services

3.3. Tenant entry & exit criteriaTenant entry & exit criteria

4.4. Mentoring & networkingMentoring & networking

5.5. Funding & supportFunding & support

6.6. Incubator governanceIncubator governance

Best PracticesBest Practices related to the 6 dimensionsrelated to the 6 dimensions


Incubator min. 30kftIncubator min. 30kft22 of rental of rental space space

Room to expand in order to be Room to expand in order to be able to generate enough income able to generate enough income to be self-sustainableto be self-sustainable

Flexible space to manage tenants’ Flexible space to manage tenants’ variable needsvariable needs

Min. 10 in-residenceMin. 10 in-residence

Incubator min. 30kftIncubator min. 30kft22 of rental of rental space space

Room to expand in order to be Room to expand in order to be able to generate enough income able to generate enough income to be self-sustainableto be self-sustainable

Flexible space to manage tenants’ Flexible space to manage tenants’ variable needsvariable needs

Min. 10 in-residenceMin. 10 in-residence



Proximity to university(ies), or Proximity to university(ies), or research labsresearch labs

Located in a high-tech facility w Located in a high-tech facility w telecommunications telecommunications infrastructureinfrastructure

Actual & Virtual Incubation: Habit Actual & Virtual Incubation: Habit of enrolling non-resident clients of enrolling non-resident clients as well as resident clientsas well as resident clients

Proximity to university(ies), or Proximity to university(ies), or research labsresearch labs

Located in a high-tech facility w Located in a high-tech facility w telecommunications telecommunications infrastructureinfrastructure

Actual & Virtual Incubation: Habit Actual & Virtual Incubation: Habit of enrolling non-resident clients of enrolling non-resident clients as well as resident clientsas well as resident clients



Homology between incubator & client’s needsHomology between incubator & client’s needs Business Plan with Pro FormaBusiness Plan with Pro Forma Technology sophisticationTechnology sophistication Potential growth & job creationPotential growth & job creation

Homology between incubator & client’s needsHomology between incubator & client’s needs Business Plan with Pro FormaBusiness Plan with Pro Forma Technology sophisticationTechnology sophistication Potential growth & job creationPotential growth & job creation

Selection Committee to prescreen potential clients: Selection criteria includes:Selection Committee to prescreen potential clients: Selection criteria includes:



R&D intensityR&D intensity Occupational mix of the management teamOccupational mix of the management team Practical experiencePractical experience Personal commitmentPersonal commitment

R&D intensityR&D intensity Occupational mix of the management teamOccupational mix of the management team Practical experiencePractical experience Personal commitmentPersonal commitment

Selection Committee to prescreen potential clients: Selection criteria includes:Selection Committee to prescreen potential clients: Selection criteria includes:



An Advisory Committee for each tenant An Advisory Committee for each tenant companycompany

Opportunities for tenants to network Opportunities for tenants to network among themselves, industry, & with among themselves, industry, & with contacts of the advisory/mentor group contacts of the advisory/mentor group members members

The funding from private, public or The funding from private, public or government organizations to support the government organizations to support the heavy costs of the real estate heavy costs of the real estate componentcomponent

An Advisory Committee for each tenant An Advisory Committee for each tenant companycompany

Opportunities for tenants to network Opportunities for tenants to network among themselves, industry, & with among themselves, industry, & with contacts of the advisory/mentor group contacts of the advisory/mentor group members members

The funding from private, public or The funding from private, public or government organizations to support the government organizations to support the heavy costs of the real estate heavy costs of the real estate componentcomponent



The Executive Director (manager) is a highly The Executive Director (manager) is a highly motivated visionary individual whose goal is motivated visionary individual whose goal is to see his/she tenant firms succeed, to see his/she tenant firms succeed, who who has been-there-&-done-that successfullyhas been-there-&-done-that successfully

Boards of Directors are responsible for Boards of Directors are responsible for policy & not day-to-day operations policy & not day-to-day operations (manager) & bureaucracy is kept to a (manager) & bureaucracy is kept to a minimumminimum

The incubator is The incubator is focused more on support focused more on support programsprograms than on space or physical than on space or physical infrastructureinfrastructure

The Executive Director (manager) is a highly The Executive Director (manager) is a highly motivated visionary individual whose goal is motivated visionary individual whose goal is to see his/she tenant firms succeed, to see his/she tenant firms succeed, who who has been-there-&-done-that successfullyhas been-there-&-done-that successfully

Boards of Directors are responsible for Boards of Directors are responsible for policy & not day-to-day operations policy & not day-to-day operations (manager) & bureaucracy is kept to a (manager) & bureaucracy is kept to a minimumminimum

The incubator is The incubator is focused more on support focused more on support programsprograms than on space or physical than on space or physical infrastructureinfrastructure

Factors Related Factors Related to Incubator Failureto Incubator Failure

Factors Related Factors Related to Incubator Failureto Incubator Failure

Costs of the facility (build-out, rent, Costs of the facility (build-out, rent, utilities, maintenance, building utilities, maintenance, building construction)construction)

Low occupancy in the buildingLow occupancy in the building Tight cash flowTight cash flow Lack of focus on the programsLack of focus on the programs A feasibility study & a careful A feasibility study & a careful

situation analysis is a must before a situation analysis is a must before a new incubator facility is creatednew incubator facility is created

Costs of the facility (build-out, rent, Costs of the facility (build-out, rent, utilities, maintenance, building utilities, maintenance, building construction)construction)

Low occupancy in the buildingLow occupancy in the building Tight cash flowTight cash flow Lack of focus on the programsLack of focus on the programs A feasibility study & a careful A feasibility study & a careful

situation analysis is a must before a situation analysis is a must before a new incubator facility is creatednew incubator facility is created

Data from the National Business Incubator Association (NBIA) study of 40 incubators that ceased to operate in the USData from the National Business Incubator Association (NBIA) study of 40 incubators that ceased to operate in the US

Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?

CharacteristicCharacteristic AverageAverage

Square FootageSquare Footage 38,98838,988

# of Tenants# of Tenants 13.913.9

# employees/tenant# employees/tenant 5.15.1

# of graduate # of graduate firms/yrfirms/yr

1.71.7

# of graduates per # of graduates per incubator employeeincubator employee

30.430.4

% of firms remaining % of firms remaining in the communityin the community

8686

Sources: Culp (1996), Wolf et al. (1999 and 2000)Sources: Culp (1996), Wolf et al. (1999 and 2000)

Incubating technology contributes Incubating technology contributes to the strengthening of our to the strengthening of our national system of innovation national system of innovation

Public sector cost per direct job Public sector cost per direct job created ranges from $3k to $12 created ranges from $3k to $12 per jobper job

Incubating technology contributes Incubating technology contributes to the strengthening of our to the strengthening of our national system of innovation national system of innovation

Public sector cost per direct job Public sector cost per direct job created ranges from $3k to $12 created ranges from $3k to $12 per jobper job

Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?Do Technology Incubators Work?

~20% Differential~20% Differential

Incubator CharacteristicsIncubator CharacteristicsIncubator CharacteristicsIncubator Characteristics

63.2 % large urban areas63.2 % large urban areas 82.5% age 4 –10 yr.s82.5% age 4 –10 yr.s 83% 83% assistanceassistance in obtaining funding in obtaining funding 94% services to non-resident clients94% services to non-resident clients 67% of client companies remain 1-3 67% of client companies remain 1-3

yr.syr.s 54% of graduates are still in 54% of graduates are still in

existenceexistence 19% merged or sold since leaving19% merged or sold since leaving 26.5% discontinued after leaving26.5% discontinued after leaving

63.2 % large urban areas63.2 % large urban areas 82.5% age 4 –10 yr.s82.5% age 4 –10 yr.s 83% 83% assistanceassistance in obtaining funding in obtaining funding 94% services to non-resident clients94% services to non-resident clients 67% of client companies remain 1-3 67% of client companies remain 1-3

yr.syr.s 54% of graduates are still in 54% of graduates are still in

existenceexistence 19% merged or sold since leaving19% merged or sold since leaving 26.5% discontinued after leaving26.5% discontinued after leaving

How Incubators Are How Incubators Are FundedFunded

How Incubators Are How Incubators Are FundedFunded

Gov./private/university subsidyGov./private/university subsidy Sponsors (law firms, accounting Sponsors (law firms, accounting

firms,etc.)firms,etc.) Portfolio Companys’ Fees/RentPortfolio Companys’ Fees/Rent Portfolio Companys’ EquityPortfolio Companys’ Equity

– Trigger eventTrigger event– Longterm ROILongterm ROI– High RiskHigh Risk

1) Training/education center; 1) Training/education center; environment of environment of entrepreneurship; develop entrepreneurship; develop managerial, business, & managerial, business, & leadership skills; leadership skills;

1) Training/education center; 1) Training/education center; environment of environment of entrepreneurship; develop entrepreneurship; develop managerial, business, & managerial, business, & leadership skills; leadership skills;

What is Incubation all What is Incubation all about!about!




2) Rapidly plug-in to an entire 2) Rapidly plug-in to an entire community, surrounding them community, surrounding them with services & expertise; with services & expertise; make connections to strategic make connections to strategic partners & capital providers; partners & capital providers;

2) Rapidly plug-in to an entire 2) Rapidly plug-in to an entire community, surrounding them community, surrounding them with services & expertise; with services & expertise; make connections to strategic make connections to strategic partners & capital providers; partners & capital providers;



3) 3) Roadmap:Roadmap: A rigorous, systematic, proven A rigorous, systematic, proven program of mentoring & oversight by in-house program of mentoring & oversight by in-house experts & advisory teams which increases experts & advisory teams which increases their probability of success; & their probability of success; &

• 4) in the process creating economic growth & benefit for humanity.

3) 3) Roadmap:Roadmap: A rigorous, systematic, proven A rigorous, systematic, proven program of mentoring & oversight by in-house program of mentoring & oversight by in-house experts & advisory teams which increases experts & advisory teams which increases their probability of success; & their probability of success; &

• 4) in the process creating economic growth & benefit for humanity.

The Commercialization The Commercialization Process Model Process Model (Roadmap)(Roadmap)The Commercialization The Commercialization

Process Model Process Model (Roadmap)(Roadmap) The Concept PhaseThe Concept Phase

– Stage 1: InvestigationStage 1: Investigation

The Concept PhaseThe Concept Phase– Stage 1: InvestigationStage 1: Investigation

• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction

• The Development Phase–Stage 2: Feasibility–Stage 3: Development–Stage 4: Introduction

• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity

• The Commercial Phase– Stage 5: Growth– Stage 6: Maturity

Roadmap:Roadmap: Intentional Intentional Systematic Evolution Systematic Evolution

ProcessProcess

Roadmap:Roadmap: Intentional Intentional Systematic Evolution Systematic Evolution

ProcessProcessPhase Phase (Stages)(Stages)

Bus.Bus. Tech.Tech. Fin.Fin. QualitQuality/Reg.y/Reg.

Concept Concept PhasePhase

Dev. Phase Dev. Phase

Commercial Commercial PhasePhase

LaunchLaunch

RegulatoryRegulatory Medical Advisory NetworkMedical Advisory Network Strategic AlliancesStrategic Alliances

RegulatoryRegulatory Medical Advisory NetworkMedical Advisory Network Strategic AlliancesStrategic Alliances

Services Specific to Services Specific to Medical Technology IncubationMedical Technology Incubation

Services Specific to Services Specific to Medical Technology IncubationMedical Technology Incubation

StakeholdersStakeholdersCapital

Providers Network

Capital Providers Network

Quality/Regulatory

Affairs

Quality/Regulatory

Affairs

StrategicAlliance Network

StrategicAlliance Network

Medical Advisor Network

Medical Advisor Network

Business Technology IncubationSupport/Services/Networks

Business Technology IncubationSupport/Services/Networks

R&D AllianceR&D

Alliance

Training & Forums

Training & Forums

Service Providers Network

Service Providers Network

CommercializationProgram

CommercializationProgram

Space & Shared Services

Space & Shared Services

Program CompanyProgram Company

CoachingCoaching

DFW Metroplex+DFW Metroplex+IncubatorsIncubators

DFW Metroplex+DFW Metroplex+IncubatorsIncubators

StarTech Early StarTech Early VenturesVentures

StarTech Early StarTech Early VenturesVentures

Located In Richardson, TXLocated In Richardson, TX VC FundedVC Funded STARTech has invested $29.5 million in STARTech has invested $29.5 million in

over 40 companies. over 40 companies. These companies have gone on to raise These companies have gone on to raise

$832 million in venture capital and private $832 million in venture capital and private equityequity

StarTech Early VenturesStarTech Early Ventures http://startechev.com/http://startechev.com/

NTECNTECNTECNTEC

North Texas Enterprise Center for Medical North Texas Enterprise Center for Medical TechnologyTechnology

Private-publicPrivate-public MedTech FocusMedTech Focus Larry Calton, Ex. Dir.Larry Calton, Ex. Dir. Hall Office ParkHall Office Park

2611 Internet BLVD, Suite 1092611 Internet BLVD, Suite 109Frisco, TX 75034Frisco, TX 75034214-618-6832214-618-6832http://www.ntec-inc.orghttp://www.ntec-inc.orgNTECNTEC

BMCBMCBMCBMC

Biotech Manufacturing Center of Texas Biotech Manufacturing Center of Texas 1704 Enterprise Street 1704 Enterprise Street Athens, Texas 75751Athens, Texas 75751Phone: (903) 677-0835 Phone: (903) 677-0835 Fax: (903) 677-0674Fax: (903) 677-0674

Gary San MiguelGary San Miguel [email protected]@bmc-texas.org www.bmc-texas.orgwww.bmc-texas.org

Home Page

About The BMC

BMC Services

Extrusion Facility

Molding Facility

Device Design & Machining

Clean Room / Pad Printing

Contact The BMC

BMC's Multi-Lumen Profile Extrusions... Please click on the picture for an enlarged view.

Welcome to the Biotech Manufacturing Center of Texas...

Growing companies and building careers...

The Biotech Manufacturing Center of Texas is a unique, innovative manufacturing medical facility and incubator, FDA registered, that will exceed your expectations for quality extrusions, injection molding, contract clean room manufacturing, project management, product development, research & development, and clear-cut savings. Our on site staff of experienced medical device specialists, business counselors, and marketing consultants, providing total resources for your success, thus taking your device concept to market. Contact us today at 903-677-0835…

BMC... The Biotech Manufacturing Center of Texas

Home Page

About The BMC

BMC Services

Extrusion Facility

Molding Facility

Device Design & Machining

Clean Room / Pad Printing

Contact The BMC

BMC's Multi-Lumen Profile Extrusions... Please click on the picture for an enlarged view.

BMC... The Biotech Manufacturing Center of Texas

RoadmapRoadmapRoadmapRoadmap

TechFortWorthTechFortWorthTechFortWorthTechFortWorth

Public-private partnership of the Public-private partnership of the University of North Texas Health University of North Texas Health Science Center at Fort Worth, The City Science Center at Fort Worth, The City of Fort Worth, and the Fort Worth of Fort Worth, and the Fort Worth business communitybusiness community

Darlene Ryan, Ex. Dir.Darlene Ryan, Ex. Dir. 1120 South Freeway 1120 South Freeway

Fort Worth, Texas 76104 Fort Worth, Texas 76104 P: 817.339.8968, F: 817.810.0167 P: 817.339.8968, F: 817.810.0167 http://[email protected] http://[email protected]

Research Valley Innovation Research Valley Innovation CenterCenter

Research Valley Innovation Research Valley Innovation CenterCenter

RVIC is a science & technology incubatorRVIC is a science & technology incubator Bryan College Station, TXBryan College Station, TX The Research Valley Partnership, The The Research Valley Partnership, The

Texas A&M University System’s Office of Texas A&M University System’s Office of Technology Commercialization, Texas Technology Commercialization, Texas A&M University, and The Texas A&M A&M University, and The Texas A&M University System Health Science CenterUniversity System Health Science Center

James Lancaster, General ManagerJames Lancaster, General Manager 979.260.1755 ext. 101 [email protected] ext. 101 [email protected] http://www.rvic.orghttp://www.rvic.org

Go North Young Go North Young EntrepreneurEntrepreneur…Go North!…Go North!

Go North Young Go North Young EntrepreneurEntrepreneur…Go North!…Go North!

Un. of Oklahoma Office of Un. of Oklahoma Office of Technology Development Technology Development

(OTD)(OTD)

Un. of Oklahoma Office of Un. of Oklahoma Office of Technology Development Technology Development

(OTD)(OTD) Spinoff Companies: since 1998, Spinoff Companies: since 1998,

has created 30 companies, has created 30 companies, generated >$65M in capital, generated >$65M in capital, >$10M in cash & $20M in est. >$10M in cash & $20M in est. equity value for the University equity value for the University

i2E, Inc.i2E, Inc.i2E, Inc.i2E, Inc.

Private not-for-profitPrivate not-for-profit Located in Okla (@ Presbyterian Health Located in Okla (@ Presbyterian Health

Foundation Research Park) & TulsaFoundation Research Park) & Tulsa Access to Capital:Access to Capital:

– OCAST Technology Business Finance OCAST Technology Business Finance Program (TBFP) Program (TBFP)

– Enterprise Oklahoma Venture Fund (EOVF)Enterprise Oklahoma Venture Fund (EOVF)– Statewide business plan competition for Statewide business plan competition for

college students: $100,000 in cash prizescollege students: $100,000 in cash prizes

i2E, Inc.i2E, Inc.i2E, Inc.i2E, Inc.

Presbyterian Health Foundation Presbyterian Health Foundation Research Park IncubatorResearch Park Incubator

840 Research Parkway, Suite 250840 Research Parkway, Suite 250

Oklahoma City, OK 73104Oklahoma City, OK 73104

405/235-2305405/235-2305

Contact: Greg MainContact: Greg Main

http://www.i2e.orghttp://www.i2e.org

Intellectual Asset Management, Shane Intellectual Asset Management, Shane Lashley, Co-Founder Lashley, Co-Founder – IP Worthiness SystemIP Worthiness System

Neil vanHooydonk, Dir. Medical Innovations Neil vanHooydonk, Dir. Medical Innovations – Roadmap For Transformation SolutionsRoadmap For Transformation Solutions

For-Profit, Private IncubatorFor-Profit, Private Incubator

17300 Preston Rd. (on McCallaum), Suite 30017300 Preston Rd. (on McCallaum), Suite 300

Dallas, 75252Dallas, 75252

http://www.iplaunch.com/http://www.iplaunch.com/

214-438-1100214-438-1100

Neil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An IncubatorNeil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An Incubator

1.1. $ UNDER THEIR CONTROL$ UNDER THEIR CONTROL2.2. Successful Track RecordSuccessful Track Record3.3. Been-There-Done-That StaffBeen-There-Done-That Staff4.4. Roadmap: Internal Entrepreneurship TrainingRoadmap: Internal Entrepreneurship Training5.5. $ Within Their Sphere Of Influence$ Within Their Sphere Of Influence6.6. Homology: Focus-Fit-MarchHomology: Focus-Fit-March7.7. External MentoringExternal Mentoring8.8. Rapid Plug In To Service ProvidersRapid Plug In To Service Providers9.9. Executive SuiteExecutive Suite10.10. LocationLocation

Neil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An IncubatorNeil’s Top 10 Reasons Neil’s Top 10 Reasons To Enter An IncubatorTo Enter An Incubator

1.1. $ UNDER THEIR CONTROL$ UNDER THEIR CONTROL2.2. Successful Track RecordSuccessful Track Record3.3. Been-There-Done-That StaffBeen-There-Done-That Staff4.4. Roadmap: Internal Entrepreneurship TrainingRoadmap: Internal Entrepreneurship Training5.5. $ Within Their Sphere Of Influence$ Within Their Sphere Of Influence6.6. Holology: Focus-Fit-MarchHolology: Focus-Fit-March7.7. External MentoringExternal Mentoring8.8. Rapid Plug In To Service ProvidersRapid Plug In To Service Providers9.9. Executive SuiteExecutive Suite10.10. LocationLocation

Q & AQ & AQ & AQ & A

Neil vanHooydonkNeil vanHooydonkMobile: 214-642-9905Mobile: 214-642-9905

Neil vanHooydonkNeil vanHooydonkMobile: 214-642-9905Mobile: 214-642-9905

has three decades of experience in managing & mentoring product has three decades of experience in managing & mentoring product development from concept to R&D, through clinical studies and regulatory development from concept to R&D, through clinical studies and regulatory approval to commercialization in national and international startups and approval to commercialization in national and international startups and multinational medical device companies. multinational medical device companies.

was a medical physicist in two major university medical centerswas a medical physicist in two major university medical centers was Marketing Planning Manager for Phillips Medical Systemswas Marketing Planning Manager for Phillips Medical Systems has consulted to GE Medical, Toshiba, Siemens, and Philips Medical Systemshas consulted to GE Medical, Toshiba, Siemens, and Philips Medical Systems was the Founding Executive Director of the North Texas Enterprise Center for was the Founding Executive Director of the North Texas Enterprise Center for

Medical Technologies (NTEC) in Frisco, TXMedical Technologies (NTEC) in Frisco, TX is an internationally recognized expert in government regulatory affairs and is an internationally recognized expert in government regulatory affairs and

sat on the Board of Directors of the National Electrical Manufacturers sat on the Board of Directors of the National Electrical Manufacturers Association (NEMA).Association (NEMA).

was a member of the founding team of the Medical Device Action Alliance was a member of the founding team of the Medical Device Action Alliance (MDAA) now part of the Greater Dallas/Fort Worth Chamber of Commerce(MDAA) now part of the Greater Dallas/Fort Worth Chamber of Commerce

was President of Medevco, Inc., Dallas, TX, a start-up focusing in obstetrical was President of Medevco, Inc., Dallas, TX, a start-up focusing in obstetrical technology.technology.

was CEO of Cryodynamics, a start-up with which developed a minimilly was CEO of Cryodynamics, a start-up with which developed a minimilly invastive cryoablation technology, which sold the IP to Medtronixs and invastive cryoablation technology, which sold the IP to Medtronixs and SanarusSanarus

business technology incubation/acceleration

Documents

potential clients

residencebest practices

local governmentdevelopment

funding agencyto

client firms

government organizations

selection criteria

hisshe tenant firms