10 theodore homa bdc

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  • 1. Innovation: The BDC perspective By: Theodore Homa, International Consulting
  • 2. Entrepreneurs First
    • Our mission
    • Help create and develop Canadian businesses through financing, venture capital and consulting services , with a focus on small and medium-sized enterprises (SMEs)
    • Our goals
    • Support the growth and competitiveness of Canadian businesses
    • Develop Canadas entrepreneurial potential
    • Be innovative, agile and financially sustainable
  • 3. Our clients
    • 75% have less than 20 employees
    • 7.5% have been in business less than 2 years
    • 82% survive more than 5 years
    • 31% of BDC loans support Innovation (R&D, equipment & computers, market development)
    • Twice as many start-ups than market (10% versus 5% market)
    • More fast-growth firms than market (23% versus 13% market)
    1 BDC internal estimate using fiscal 2009 data
  • 4. Supporting Entrepreneurs 1 Statistics Canada Survey of SME Financing Suppliers, 2009 release (based on calendar year 2008) 2 Fiscal 2010 (Thomson Reuters, June 30, 2010 ) FINANCING CONSULTING VENTURE CAPITAL Long-term & Subordinate debt financing Building the Entrepreneurs capacity Investment in technology companies $14.8B outstanding 2.8% 1 Of Canadian term financing market 2,500+ Mandates in 2010 $725M Committed 11% 2 Of reported VC direct transactions (number) in Canada
  • 5. Incubate innovation in business
  • 6. Innovation Framework Competencies Capital Capacity (to support incremental innovation) Creation (of radical innovation)
  • 7. Radical Innovation
  • 8. VC Ecosystem Entrepreneurs Angel Investors GP investors Investment funds Exit (IPO / M&A)
  • 9. Innovation
  • 10. Information and Communications Technology
  • 11. ICT Investments 62 % WEB PRESENCE Hardware infrastructure Business solutions Mobile solutions 40 % 35 % 34 %
  • 12. ICT: Canadian Attitudes
    • VISUAL?
    Entrepreneurs can be intimidated by technology
  • 13. STAGES Awareness 1 3 Adoption Consideration 2 4
  • 14. 4 Innovation
  • 15. What BDC Will Do An unwavering commitment to supporting innovation
  • 16. 1 888 INFO BDC www.bdc.ca/ics Theodore Homa Senior Partner, International Consulting Service 1 (514) 283-8742 [email_address] Thank You