high tech rochester inc. local resources available to help your business thrive jim senall president...
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![Page 1: High Tech Rochester Inc. Local Resources Available to Help Your Business Thrive Jim Senall President 585-214-2401 james.senall@htr.org January 13, 2011](https://reader038.vdocuments.net/reader038/viewer/2022110401/56649e1a5503460f94b072c7/html5/thumbnails/1.jpg)
High Tech Rochester Inc.High Tech Rochester Inc.
Local Resources Available to Local Resources Available to Help Your Business ThriveHelp Your Business Thrive
Jim SenallPresident
January 13, 2011
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HTR Overview
Mission: To be a catalyst for entrepreneurship and innovation-based economic development, by applying business expertise & network connections to aid in the formation and profitable growth of companies in the Greater Rochester, NY Region.
Structure 501c3 non-profit Affiliate of the University of Rochester; Independent Board NYSTAR-designated Regional Technology Development Center
(RTDC) and NIST MEP Center
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HTR Board of DirectorsOrganization Representative
University of Rochester Joel Seligman, PresidentPeter Robinson, VP & COO, UR Medical Center
Rochester Institute of Technology William Destler, PresidentDeborah Stendardi, VP Gov’t / Community Relations
Monroe County Maggie Brooks, County ExecutiveJudy Seil, Director, Dept of Planning & Development
City of Rochester Thomas Richards, MayorCarlos Carballada, Commissioner, Economic Development
Rochester Business Alliance Sandra Parker, CEO
Kodak Kim Pugliese, Director, Intellectual Property Licensing
Nixon Peabody Lori Greene, Partner
Rochester Gas & Electric Joe Rizzo, Manager, Economic Development
Trillium Group Jose Coronas, Partner
Bonadio Group Stanley Konopko, Partner
COMIDA / Excell Partners Theresa Mazzullo, Chairwoman
Entrepreneurs (3) Christine Whitman, CEO, Complemar PartnersKurt Gelke, CEO, New Path Learning Peter Schott, CEO, XLI Corp.
Finger Lakes Mfg Council Dan Viggiano, Chairman
HTR President James Senall
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HTR Partners
Finger LakesFinger LakesWorksWorks
Additional connections across Upstate NY and beyond…
Some of the connections / resources we bring to our client companies
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HTR Programs and Services
Concept
Idea
Pre-Seed
Prototype
Seed
CustomerValidation
EarlyStage
Revenues
Growth
Profitability
Mature
SustainabilityCom
pan
yS
tag
es
New Products and IP
TechnologyCommercialization
BusinessIncubation
ManufacturingInnovation
HTR
S
erv
ices
Ad
dit
ion
al
Pro
gra
ms
Pre-SeedWorkshop
Entrepreneur-in-Residence ProgramInfoBytes
Network Connections, Management Talent, Capital Raising
Entrepreneurs-in-Residence
Innovation & Growth across all stages of company life cycle
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Source technologies, evaluate market potential, connect resources, seek funding, form businesses
Collaborate with Excell, UR, RIT, Corporate IP groups (Kodak, Xerox, etc.)
Results from past five years: 251 opportunities screened 156 in-depth market opportunity analyses 58 business plans developed $40M raised by client companies
$12.7M in SBIR and other grants
TechnologyCommercialization
BusinessIncubation
ManufacturingInnovation
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Lennox Tech Enterprise Center Opened in 1997 50,000 square feet
Rochester BioVenture Center Opened in 2007 42,000 square feet Wet labs and biotech infrastructure
TechnologyCommercialization
BusinessIncubation
ManufacturingInnovation
In-depth coaching/mentoring from CxO level talent Assistance with business plan execution, sales/ marketing
strategy, fundraising, connections, etc.
75 startup companies incubated to date
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Top line growth and operational improvement
Business / market assessments Strategic planning New product development Waste and energy reduction Quality (ISO 9000, etc.) Supply chain development Sustainability programs Financial systems and controls Access to local, state, & federal grants Referrals to network of resources
TechnologyCommercialization
BusinessIncubation
ManufacturingInnovation
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Pre-Seed Workshop PSW is 2 ½ day community event Rally community talent and resources around
academic researchers with patented inventions Create 6 - 8 teams for each workshop Series of structured hands-on sessions Investigate commercial potential of
inventions and business case for a pre-seed stage companies
Teams leave with a thin commercialization plan
Across NYS: 201 Idea teams have participated (1200+ people) 68 companies formed
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Business Plan Contest January – April Eligibility: For-profit startups within 9-county
Rochester/Finger Lakes region 4 educational workshops Presentation practice Winners announced at Celebration luncheon
on April 15th Over $50,000 cash and prizes
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The Entrepreneurs Network (TEN) Four-month long class Four different 2-day boot camps:
Entrepreneurship (business plan, strategy) “Building Blocks” (leadership, marketing, financial model) Sales Effectiveness Investor Presentation
Local and national instructors – Derby Management, Boston
Completing Class X right now Class XI begins: May 2011 (only 15-20 slots per class)
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Entrepreneurs-in-Residence Connecting experienced entrepreneurs to
fledgling new companies
HTR EIR program named an industry best-practice by National Business Incubator Association in 2010
Now managing statewide EIR program on behalf of
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Additional Resources
SBDC
SCORE
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www.htr.org (585) 214-2400
Thank You!Jim SenallPresident
High Tech Rochester