Ecosystem to support entrepreneurship

Tony Bailetti

January 28, 2015

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Agenda

Support entrepreneurs, students and venture stakeholders to:• Each venture > $1M/yr 3 years after inception• Ecosystem approach • Solve real problems for which customers worldwide are willing to pay to have solutions

TIM

Resources

Architecting an ecosystem

Next steps

Academic programs

UndergraduateMinor in EntrepreneurshipB.Com. Entrepreneurship

GraduateM.A.Sc. in Technology Innovation ManagementM. Eng. in Technology Innovation Management

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TIM & venture accelerators

• Enrollment in master’s program

• Venture accelerators

Option Domestic International Total

M.Eng. 14 47 61

M.A.Sc. 14 10 24

28 57 85

Program Target Ventures/yr

Lead to Win Community 20

Global Start Graduate STEM 20

Capital Entrepreneurs

Carleton, uOttawa, Algonquin students

25

VENUS Ventures Cybersecurity entrepreneurs

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Objectives

Make ventures customer and investor ready early

Advance practice of launching and growing ventures

Networks, knowledge, space, tools, processes, resources

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Distinct

Each startup to make $1M/yr revenue within 3 years

Create value for each stakeholder Network of talented individuals Builds on Lead to Win launched in 2002 $1M/year investment

6

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Idea Opportunity Venture

Early buyers

Investors

Post secondary institutions

Economic development

organizations

Partners

Service providers

Complementors

Keystone

Mentors

Compelling value propositions for sides in ecosystem

If sides are absent or don’t work well together, likelihood start-up will fail increases

Venture

Temporary organization

Find a business model that is stronger than competitors’ business models worldwide

Convinces key stakeholders to support existence of a new business

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Next steps