Global Expansion Through Soft-Landing Business Accelerators

25 February 2011

Mission

• The Mason Enterprise Center (MEC) is a university-based economic development knowledge center focusing the energy, skills and intellectual capital of the University on entrepreneurship creation, business enterprise development, and economic expansion

Goals & Objectives

• Economic Development

• Job Creation / Workforce Development

• Entrepreneur / Business Incubation and Acceleration

• Community Support and Outreach

• Grant/Contract Funding (overhead generation)

• Academic/Student/Faculty Partnership

• New University Market Development

• Research Knowledge Center

Funding Sources

• DoD – Mentor-Protégé Program• DLA – VPTAP • SBA - VSBDC• GSA - Telework• City of Fairfax - FIC• George Mason University• Fee-based Services

Mason Enterprise Center Program Offices

Radford University SBDC

Longwood UniversitySBDC

Hampton Roads SBDC

James Madison UniversitySBDC

MEC-Leesburg

MEC-Manassas

MEC-Woodbridge

Hampton VA PTAC

MEC-Fairfax

George Mason University SBDC

Northern VA PTAC

Central VA PTAC

Regional SBDC Offices

Local SBDC Offices

MEC – Mason Enterprise Center

SBDC – Small Business Development Center

PTAC – Procurement Technical Assistance Center

Soft Landing Business Accelerator Program

- Foreign Company Business Expansion into U.S.- Joint Company Selection/Vetting Process- International Incubator/Accelerator Partnerships- Collaborative Technology/Research Park Business

Development (IP Commercialization)- Academic Partnerships- Research/Grant-Contract Opportunities

MEC International Services

• International Business Development Program– Assist successful non-US companies forge

business partnerships with companies in Washington DC metropolitan region

– International Business Accelerator (City of Fairfax)

– Incubator America (Arlington County)– Assist US companies to successfully

penetrate targeted foreign markets

MEC International Services

• Consulting services include office space, market research, industry analysis, local custom acclimation, strategic alliance, business logistics, and networking

• Target markets include:- China - Brazil- India - Scandinavia- Russia - UK- Canada - Germany- Japan

Fairfax Innovation Center

• Established 1995, the program is a Partnership between the City of Fairfax EDA and George Mason University’s School of Public Policy

• Mixed use incubator, co-located with 5 business development programs: SBDC, PTAP, Mentor Protégé, International Business Accelerator and a Telework center

• Currently occupy 29,000 sq ft, 68 offices, leased to 45 companies, plus 45 virtual clients

• Occupancy varies from 85% – 100%.

Fairfax Innovation Center Second Life – Virtual Outreach

Upcoming…..

• Washington, D.C. Regional Flex-Office Initiative• International “Green” Incubator/Accelerator• Regional Mason Enterprise Center Network• New MEC Headquarters Building in Fairfax• International “Serious Gaming Accelerator”• Pursuit of International Grants and Contracts• Continued Focus on International

University/Academic Partnerships

Think Entrepreneurship!!

• The Mason Enterprise Center George Mason University– www.masonenterprisecenter.org

– Keith B. Segerson – Managing Director

• segerson@gmu.edu / 703-277-7724