Citrus County Enterprise Center
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Citrus County Citrus County Enterprise Center Enterprise Center An incubator helping technology startup companies develop and grow 1
Transcript of Citrus County Enterprise Center
- 1. Citrus County Enterprise Center An incubator helping technology startup companies develop and grow
- 2. Things Startups Need
- Fundingventure capital, loans or grants
- Management team with dual combination of business and technical people
- Specialized education and information
- Ongoing strategic advice and mentoring
- Space and specialty equipment
- 3. What CCEC will offer
- Specialized education programs
- Ongoing strategic advice
- Access to important outside resources
- Continual interaction with other tenants
- Flexible space
- Shared services
- 4. Specialized Education Programs
- Bimonthly special seminars
- Monthly pizza topics
- Meet and Greet events every quarter
- Cooperative education programs
- Invitations to special events and conferences
- Libraryonline database and trade publications
- 5. Bimonthly Special Seminars
- Third-Party Agreements
- Structuring, Negotiating and Consummating Agreements with Other Companies
- Negotiations
- Negotiating the best agreement for your company
- Intellectual Property Protection
- Patents, trademarks, copyrights, and other IP forms
- Competitive Analysis
- Researching and determining your companys competitive advantages
- 6. Monthly Pizza Topics
- Strategic Planning
- Set your company on the track to success
- Intellectual Property
- Protecting your companys intellectual and other valuable property
- Exporting
- Grow your business by selling to foreign markets
- Sales and Distribution Strategies
- Deciding what strategy is best for your companys products or services
- 7. Quarterly Meet & Greet Events
- Meet and greet:
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- Bankers
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- Lawyers
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- Accountants
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- Insurance Agents
- Your company will learn:
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- What services these groups can offer it
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- How they work
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- How and what they charge for their services
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- What theyll expect from your company
- 8. Cooperative Education
- Programs and Courses Available for Startups
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- College of Central Florida
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- Citrus Information Technology Alliance
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- Florida High Tech Corridor
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- SCORE
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- Small Business Development Center
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- University of Central Florida
- 9. Special Events and Conferences
- Monthly education events
- Topical business workshops
- Presentations by outside experts
- Entrepreneurs roundtable
- Entrepreneur of the Year awards banquet
- Chamber of Commerce education programs
- 10. Ongoing Strategic Advice
- Advice on business plans and strategies
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- Developing and revising a business plan
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- Defining and quantifying the market for your companys products and services
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- Identifying effective sales and distribution strategies
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- Consummating outsourcing agreements with other companies
- Sharing of startup company experiences
- Assistance on establishing 1-2 objectives to be achieved in next 90 days as part of business plan
- 11. Introductions to Beneficial Outsiders
- Early-stage funding sourcesbankers, investors, active and passive partners
- Persons with specialized knowledgeattorneys, accountants and consultants
- Potential CEOs and other C level management
- 12. Access to Outside Resources
- Introductions or names of potential service providers your company will need
- Access to outside resources, such as Citrus County Chamber of Commerce, Educational institutions, Small Business Resource Network
- Sources or contacts for solutions to business problems
- 13. Contact with Other Tenants
- Daily interaction with other resident startup companies
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- Sharing of common problems and experiences
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- Opportunity to discover solutions or find new business opportunities
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- Sharing of service providers
- As-needed interaction with CEC service providers and supporters
- 14. Flexible Space
- 135 to 475 sq. ft. spaces
- Some spaces have special features, such as 3 phase electrical power
- Furnished spacesdesk, chair and filing cabinet
- Initial 1-year term. After 1 styear, lease can be terminated on 30-days notice
- Startup can expand or contract its space as business needs dictate
- 15. Shared Services(Included in Rent)
- 2 conference rooms with Internet and telephone service
- LCD and overhead projectors
- Business library
- Laminating and binding equipment
- Display boards and racks for trade shows
- 16. Fee Services(Provided at competitive prices)
- Photocopying (collating color copier)
- Telephone service
- Broadband Internet service
- Secretarial services
- Postage meter
- 17. CCEC Incubation ProcessStartup is dependent and lacks financial viability Startup is self-sufficient and financial viable Entry 3 Years Graduation
- 18. Graduation from CCEC
- Move into Citrus County business community
- Relocation assistance from Citrus EDC
- Groundbreaking ceremony or ribbon cutting with community officials
- 19. How to Apply for Admission
- 20. Ideal CCEC Resident Startup
- Startup or early-stage company
- Innovative product, service or process
- Protected technology or ability to grow business
- Necessary technical expertise
- Active, engaged entrepreneur working in business
- Cash for next 6-months of operating expenses
- Product, service or process with market growth potential
- Ability and willingness to grow rapidly during next 3 years
- Desire to leverage CCEC's ongoing strategic advice and help
- 21. Information Needed
- Completed application
- Business plan or executive summary
- Facilities impact and proposed use of space statement
- Authorization for summary credit report
- Financial information and documentation
- 22. Admissions Process
- Once completed application and information is submitted, CCEC board:
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- reviews application; performs market research
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- interviews principals
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- may request additional information
- Applicant makes PowerPoint presentation to CCEC board, followed by question and answer session
- After presentation, applicant is notified about admission decision
- 23. How can Citrus Countyhelp entrepreneurs turn their ideas
into viable businesses and create jobs?
- One answer is
- 24. Citrus County Enterprise Center An incubator helping startup companies develop and grow