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Venture Capital & the Finance of InnovationMetrick, Andrew
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In the smart phone business, how did Nokia overtake Motorola, Apple overtake Nokia, Samsung overtake Apple and now the Chinese manufacturer such as XiaoMi coming out of the blue to steal the market share of Samsung? Less than twenty years ago, these internet and technology companies were unknowns – Facebook, Google, Amazon, Apple etc. Today, the market capitalisation of these companies are even higher than many traditional companies. How did all these companies suddenly mushroom from nowhe
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Business model innovation is the new strategic imperative for all leaders Blockbuster’s executives saw Netflix coming. Yet they stuck with their bricks and mortar business model, losing billions in shareholder value. They were “netflixed.” Business models don’t last as long as they used to. Historically CEO’s have managed a single business model over their entire careers. Today, all organizations must be capable of designing, prototyping, and experimenting with new business models. The Business
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Silicon Valley, Calif. (PRWEB) February 14, 2014
The Global Innovation Summit +Week is the world’s leading event focused on fostering systemic innovation in startup communities and across companies, cities and countries. The main event, Global Innovation Summit, seeks to grow innovation ecosystems that can stimulate the creation of breakthrough products, design new solutions to big challenges, and catalyze sustainable economic growth and wealth. Last year, the event brought together 400 participants from 49 countries. Sponsors include Bing (Microsoft), United Nations Foundation, City of San Jose, USAID, DLA Piper, Kaufman Fellows and SVForum. The Summit is to be held on Feb 17-19 at the San Jose Marriott.
The Global Innovation Summit presents the greatest-ever gathering of rock stars of innovation, entrepreneurship and technology. Our lineup crosses cross multiple sectors: startups, social impact, academia, and the creative arts. Steve Blank, startup guru with a remarkable career in 8 high-tech companies; AnnaLee Saxenian, pioneering Berkeley scholar on innovation networks; Wayne Silby, the “godfather” of impact investing; Danae Ringelmann, Founder & Chief Customer Officer at Indiegogo; Brad Feld, TechStars, Author of Startup Communities; David Tennenhouse, Corporate VP Technology Policy of Microsoft; Nancy Pfund, among the most successful impact investors ever; Eric Ball, SVP of Finance at Oracle; plus many more speakers.
The Global Innovation Summit offers the newest insights, cutting-edge tools and “Design Labs”. The attendees will learn why designing ecosystems can enhance the future of business, innovation, and human potential. The Design Labs will teach attendees on how to create and prototype solutions by applying design thinking to the hardest systemic challenges. Our facilitation team also runs the design lab at Davos’s World Economic Forum.
The Global Innovation Week is a consortium of 20+ leading groups in the region that are co-hosting affiliated activities related to innovation ecosystems. The gathering is a week-long festival to be held throughout the Bay Area, February 17-21. Events include: women & innovation, indoor street festival, int’l tech transfer panel, bike tour, Estonian technology, Brazilian creativity, software platforms, life science incubation, a play about Buckminster Fuller, and many more.
The Art of Innovation is an indoor street festival sponsored by the City of San Jose. The creative spirit will be on display for an eclectic evening of arts & culture, performances & exhibition, music & media. Our partner Anno Domini Gallery is organizing an event with 40+ artists and performers, exploring a range of innovative styles. It happens on the evening of Wednesday, February 19 at San Jose Convention Center. FREE to attend.
The Global Innovation Week events include:
The Art of Innovation sponsored by the City of San Jose and by Anno Domini Gallery
Apps to Platforms: The Hows & Whys by SVForum
The Women & Innovation Lab by Cascadance
Bike Tour of Stanford University Campus by STLGip Law Firm
Technology Transfer Models and Impact on Innovation: An International Discussion by STLGip Law Firm
Kauffman Fellows: U.S. Launch of New Journal on Venture Capital Formation by Kauffman Fellows
Star Wars: Where Science Meets Imagination exhibition at The Tech Museum of Innovation
Estonia Demo Showcase by e-Estonia
Corporate Innovation Outposts – Research Update by German Silicon Valley Accelerators
Case Studies in the Silicon Valley Innovation System & Tour of TechShop by TechShop
Buckminster Fuller: The History (and Mystery) of the Universe by San Jose Repertory Theatre
Innovate with Women & Realize Higher ROI by Women’s Startup Lab and Banducci Consulting
SOURCE: Solutions from Our Country’s Entrepreneurs by The Hitachi Foundation, Investors’ Circle and Village Capital
Innovative Life Science Incubator Experience by BayBio and The Bay Area BioEconomy Initiative
Creativity & Innovation in Brazil by BayBrazil
Convening the Conveners by Opportunity Collaboration
Franchise for Humanity
Driving Disruption: An Evening with Women Entrepreneurs by The Center for Women’s Entrepreneurial Leadership and Silicon Vikings
Startup Showcase by T2 Venture Creation
T2 Venture Creation, a Silicon Valley firm that grows startup companies and helps communities design innovative ecosystems, is organizing the event. According to CEO Victor W. Hwang, “Silicon Valley is rolling out the red carpet to the world. This is the first time that so many key organizations in the Valley have joined together to share ideas and practices on how to build innovative communities. Our vision is to create the biggest ever gathering of the world’s ecosystem builders. We want this to be a global conversation among innovators from all walks of life, from all corners of the planet.”
A more in-depth look at how to cultivate entire ecosystems to support innovation will be held at the beginning of the week with the Global Innovation Summit on February 17-19, 2014. This event will engage attendees as they build their own ecosystem in a dynamic breakout, listen to innovation leaders from throughout the world and network with entrepreneurs, executives, scientists, inventors, venture capitalists, journalists, investors, policy makers, social entrepreneurs, and innovation thought leaders from more than 50 countries who strive to make a difference.
Hwang enforces that mission by adding, “Our vision is to make geography irrelevant to innovation. Every innovator deserves a fighting chance to pursue a dream, wherever they happen to be.”
Attendance to the Global Innovation Summit is by invitation only, but interested candidates can apply for an invitation at http://www.innosummit.com and click on the registration link.
ABOUT GLOBAL INNOVATION SUMMIT
The Global Innovation Summit (http://www.innosummit.com) on February 17-19, 2014 is a conference in Silicon Valley on how to foster the growth of innovation ecosystems to drive entrepreneurship, technology, and economic impact. The first Summit in 2012 brought together over 400 innovators from 49 countries, representing governments, corporations, venture capital, NGOs, startups, and academia. The Global Innovation Summit is the centerpiece of Global Innovation Week, which features multiple events and activities throughout the region. The weeklong affair was organized by T2 Venture Creation, a Silicon Valley venture firm and ecosystem design studio.
ABOUT GLOBAL INNOVATION WEEK
The Global Innovation Week (http://www.globalinnoweek.com) on February 17-21, 2014 is a consortium of 20+ leading groups throughout the Bay Area that have agreed to co-host affiliated activities related to innovation ecosystems. The weeklong affair was organized by T2 Venture Creation, a Silicon Valley venture firm and ecosystem design studio.
CONTACT INFORMATION: Christina Wu, Director of Marketing, T2 Venture Creation, christina(at)t2vc(dot)com 213-952-6534
SOURC: T2 Venture Creation
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Rocky Hill, CT (PRWEB) January 30, 2014
CTNext, Connecticut’s innovation ecosystem managed by Connecticut Innovations, today announced the launch of the Entrepreneur Innovation Awards (EIA), a competitive pitch process that provides awards up to $ 10,000 to entrepreneurs in Connecticut for growth-related activities.
Created in the 2011 Jobs Bill as an initiative of Governor Dannel P. Malloy and private-sector leaders, CTNext is a statewide network of entrepreneurs, mentors, service providers and others involved in helping Connecticut’s most promising startups succeed and grow.
To be eligible for the EIA, formerly known as the Voucher Program, startups must be Connecticut-based, registered as CTNext members, and looking to conduct growth-related activities to help advance their business. Project examples include but are not limited to: prototyping, performance testing, compliance testing, IP assessment, product or service development, market research, licensing, and more. A full list of the criteria can be found on the application page.
“We created CTNEXT to invest in our entrepreneurs and innovative startups because we know doing so will attract new business and private investment for the state, lead to the development of cutting-edge products and ideas, and create good paying jobs with good benefits for our residents,” said Governor Malloy. “The Entrepreneur Innovation Awards will allow this community to research, modify, or finalize their work and propel these businesses to the next level.”
To apply, candidates can visit http://www.ctnext.com/eia and fill out a short application for EIA, which will be evaluated by an internal committee at Connecticut Innovations. There is a rolling deadline for applications and pitch events will occur monthly at locations throughout Connecticut.
Finalists will be selected and asked to perform a five-minute pitch in front of a panel of expert judges. The judges will consist of company CEOs, mentors, investment professionals and other distinguished members of the entrepreneurial community.
“This is a continued effort to help businesses grow when they are at a pivotal point in the process of scaling their business,” said Claire Leonardi, CEO of Connecticut Innovations. “This grant award program can allow a business to make necessary modifications to a product, help to garner a better understanding of their customer or secure the proper licensing or patents to protect their business ideas.”
The first pitch event will be held on Thursday, Feb. 27, from 5 to 8 p.m. at the Bijou Theater (275 Fairfield Ave.) in Bridgeport, Conn. The event is open to the public and guests should register at http://www.iplanevents.com/eia1.
“This money can go a long way for entrepreneurs that are interested in executing an activity that will help grow their business,” said Mary Anne Rooke, executive in residence at CTNext. “In addition to the funding, businesses also have the opportunity to improve their business or investor pitch by tapping into the expertise of mentors, executives in residence and growth advisors in the ecosystem.”
About Connecticut Innovations Inc.
Connecticut Innovations (CI) is the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. To maximize the growth potential of each business, CI tailors its solutions and often combines its funds with resources from other financial leaders to provide venture capital and strategic support for early-stage technology companies; flexible loans for established companies with new innovations; grants that support innovation and collaboration; and connections to its well-established network of partners and professionals. Through all these initiatives, CI has helped bring $ 4 billion in financing to Connecticut companies. The state’s most active early-stage investor, CI has created more than 26,000 jobs. For more information on CI, please visit http://www.ctinnovations.com.
About CTNext:
CTNext is Connecticut’s innovation ecosystem supporting the success of companies and entrepreneurs by providing guidance, resources, and networks to accelerate their growth. The statewide network connects promising companies to mentors, collaborative work spaces, universities, vendors and suppliers, and other like-minded entrepreneurs to help facilitate the growth and scalability of their business. CTNext is staffed with engaging advisors, mentors and entrepreneurs that have demonstrated past success with the development, launch and growth of a business. The network offers seminars, training and other events that help to foster innovation and create jobs for people in Connecticut. CTNext was launched in 2012 and in its first year of operation, the network worked with more than 500 companies and advised more than 300 through its system of growth advisors. To learn more, please visit http://www.ctnext.com.
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Chico, California (PRWEB) June 24, 2013
Electro Scan Inc., a global innovator of leak detection instrumentation, Smartphone, and Cloud-based applications, has been selected to compete among 50 finalist companies from throughout California vying for a GLOBIE award as the 2013 Most Innovative New Product in non-metro California.
Presented by Innovate North State, the Innovation Challenge is scheduled from 8:00 a.m. to 5:30 p.m. on June 27 at the Sierra Nevada Brewing Company’s prestigious “Big Room” auditorium in Chico CA.
A GLOBE Award will be presented in each of five industry categories, including Food and Ag, Web and Information Technology, Cleantech, Manufacturing, and Healthcare.
The Sierra Nevada Innovation Challenge is the only statewide Most Innovative Product Competition focused principally on California businesses located outside of San Francisco, Silicon Valley, Los Angeles and San Diego. Each finalist is charged with demonstrating in a 6-minute presentation format how their new product will change the world, an industry, people’s lives or the environment in a positive, meaningful way.
In March 2013, Electro Scan Inc. was awarded the prestigious Joseph L. Abbott, Jr. Award for Product Innovation by the National Association of Trenchless Technologies (NASTT) at the organization’s No-Dig event.
Over 70 industry experts from throughout California will be on-site serving as judges including CEOs, media representatives, angel investors, venture capitalists, university and government officials and corporate executives.
According to Innovate North State Managing Director Jon Gregory, who serves as the Executive Producer of the event, “the Sierra Nevada Innovation Challenge represents a once-a-year hotbed of the best innovation occurring in emerging markets of California.” He continued, “We were impressed with Electro Scan’s game-changing innovation and are honored to have the company compete as one of the finalists.”
“We are delighted to have our Company recognized for its ground-breaking solutions,” stated Chuck Hansen, Electro Scan’s Chairman and CEO. “Electro Scan’s ability to evaluate existing, newly repaired, and relined sewer for defects, leap-frogs legacy visual inspection techniques that has been around for almost fifty years.”
About Electro Scan
Electro Scan Inc. is a leading global provider of leak detection instrumentation and cloud computing applications that meet the technological needs of water utilities, commercial businesses, residential customers, and engineering organizations worldwide. Electro Scan offers the next generation in condition assessment evaluation technologies that allow customers to manage, protect, operate and certify their infrastructure. “Like” us on Facebook.
About Innovate North State
Innovate North State – a public/private partnership driven by CEOs of leading California North State businesses – was established in early 2012. Innovate North State’s goal is to assist the region’s most innovative companies who have the largest growth potential garner a larger share of their national and global markets resulting in a more vibrant regional economy. It focuses on 5 key industry sectors: Sustainable Agriculture and Food; Manufacturing and Consumer Products; Cleantech and Environmental; Web, Mobile, and IT; and Healthcare and Medical Technology. With the mantra of “connecting to compete” Innovate North State’s strategy involves helping innovative companies connect with each other and also to vital resources located outside the region, making the North State the most economically competitive non-metropolitan region in the U.S. by 2017.
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Chico, CA (PRWEB) June 25, 2013
The Sierra Nevada Innovation Challenge is the only statewide Most Innovative Product Competition focused principally on California businesses located outside of San Francisco, Silicon Valley, Los Angeles and San Diego. Each finalist is charged with demonstrating in a 6-minute presentation format how their new product will change the world, an industry, people’s lives or the environment in a positive, meaningful way. Over 70 industry experts from throughout California will be on-site serving as judges including CEOs, media representatives, angel investors, venture capitalists, university and government officials and corporate executives.
According to Innovate North State Managing Director Jon Gregory, who serves as the Executive Producer of the event, “the Sierra Nevada Innovation Challenge represents a once-a-year hotbed of the best innovation occurring in emerging markets of California.” He continued, “We were impressed with GetGoals’ game-changing innovation and are honored to have the company compete as one of the finalists based on their solution to people’s need to effectively achieve goals and ultimate productivity to choose, create and live their best lives.”
“We are honored to share GetGoals with the prestigious Sierra Nevada Innovate Challenge audience and compete for the 2013 Most Innovative New Product. GetGoals’ vision is to empower every internet-connected individual on the planet to live their best lives via achieving goals and building desired habits” says Founder and CEO Katie Elizabeth.
ABOUT GetGoals
GetGoals’ mission is to empower people to create positive change in their lives via achieving goals and actualizing desired habits. The mobile and web platform supports the structure and motivation that allows users to most effectively pursue their best selves and ultimate productivity. The proprietary technology combines behavioral science, gamification and social connectivity to ignite and sustain motivation within a framework that is customized to each individual’s success style.
ABOUT INNOVATE NORTH STATE
Innovate North State (http://www.innovate-northstate.com) – a public/private partnership driven by CEOs of leading California North State businesses – was established in early 2012. Innovate North State’s goal is to assist the region’s most innovative companies who have the largest growth potential garner a larger share of their national and global markets resulting in a more vibrant regional economy. It focuses on 5 key industry sectors: Sustainable Agriculture and Food; Manufacturing and Consumer Products; Cleantech and Environmental; Web, Mobile, and IT; and Healthcare and Medical Technology. With the mantra of “connecting to compete” Innovate North State’s strategy involves helping innovative companies connect with each other and also to vital resources located outside the region, making the North State the most economically competitive non-metropolitan region in the U.S. by 2017.
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