Howard County Economic Development Authority The Center for Business and Technology Development .
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Transcript of Howard County Economic Development Authority The Center for Business and Technology Development .
Howard County Economic Development Authority
The Center for Business and Technology Development
www.thecenter.biz
Howard County Economic Development Authority
Who am I?
Vic Hess - Senior Vice President , Small Business, Howard County Economic Development Authority
Background:
• Education in Engineering and Computer Science George Washington University
• Drucker Graduate School of Management
• Started my career in engineering for major technology corporations
• Held senior positions in engineering, sales, marketing and executive management
• Principal in four technology-based entrepreneurial startups
• Consultant to major industry leaders as well as numerous small companies
The Center, houses two operations, The Business Resource Center which was founded in 1995 and The NeoTech Incubator founded in 2000 and is
dedicated to the discovery, nurturing, growth and success of entrepreneurship in Howard County
www.hceda.org
Howard County Economic Development Authority
• Assistance to entrepreneurs through its Business Resource Center
• Facilities for high-tech start-up companies in its NeoTech Incubator
• One-on-one counseling
• Networking groups
• Support services for small and minority owned businesses
• Meeting, conference and training facilities
• Business resource library with online internet access
• Seminars and workshops designed for entrepreneurs
• International trade assistance
• Access to funding sources
• In-house SCORE, SBDC, JREF and ITC offices
Howard County Economic Development Authority
Seminars and Training Programs
• Develop Your First Business Plan
• Smart Start To Business Success
• Franchising-The Safe Business!
• Marketing Basics
• Navigating the Certification Maze
• Understanding Patents and Patent Application Process
• Procurement: Federal, State, and Local Government Contracting
• Proposal Development Workshop
• The Federal Government Technical Proposal
• Export Howard County: Focus on Small Business
Howard County Economic Development Authority
The NeoTech Incubator was created to assist start-up firms in the areas of computer hardware, software development, telecommunications, the Internet and Web development.
NeoTech's Mission is to establish an environment such that small companies, start-up companies, and first-time entrepreneurs can grow, prosper and create jobs in Howard County.
NeoTech's goal is to accelerate the formation of investable, sustainable technology-based businesses by providing entrepreneurs with the specialized infrastructure, guidance and networking contacts necessary to launch and realize their vision.
NeoTech clients can increase their probability of success by complementing their technical expertise with the experience, mentoring and counseling from full-time and volunteer business professionals who have "been there and done that."
www.neo-tech.org
Howard County Economic Development Authority
• Receptionist• Conference Rooms • Large Capacity (30) Conference/Seminar Room • Audio-Visual Equipment• Small Business Library • Internet/Cable Access• Copy Center • Kitchen Facilities • Secured Facility• 24/7 Access• Financial Lending Resources • Advisory Board/Mentoring Program • Individual Counseling • Networking Activities• Educational Resources • Access to Local Universities, Colleges and Research Establishments• In-depth Seminars
Services
Howard County Economic Development Authority
Howard County Economic Development Authority
Resident Programs
Entrepreneurial Development Program / Systematic Entrepreneurship - is an incubator business program for interactive development of technology-based entrepreneurship.
Howard County Technology Council - Networking for Howard County high-tech executives.
Angels and Eggs - Interaction opportunity for Maryland incubator companies and angel investors.
Technology Leadership Consortium – A group of local Technology leaders Focused on the advancement of technology and business in the region.
Prep - A program for the entrepreneur who has a viable idea but does not have the essential business plan
CEO Roundtable - Monthly gathering of incubator company executives to discuss common issues. www.neo-tech.org
Howard County Economic Development Authority
Advisor / Mentor Program – Professionals with targeted experience that serve as industry experts providing advice and guidance to NeoTech clients.
Affiliate Program – Open to all qualified Howard County businesses. Companies can qualify for the NeoTech Entrepreneurial Development Program or The Center’s Federal Small Business Initiative.
Associate Program – Professional Service providers offering services can register and participate in this program.
Connect Program – A series of programs that CONNECT the Center with targeted resources.
Federal Small Business Initiative – Cooperative business development in the federal sector providing centralized opportunity identification and management infrastructure for selected small businesses.
Federal Small Business Alliance – Companies targeting the federal market segment that wish to integrate into the key initiatives of The Center.
Howard County Economic Development Authority
Howard County Economic Development Authority
Operations
AdvisoryBoard
Review
ReviewConsultation
Assessment
MarketAssessment
VisionOf
Capability
DesignForNew
Capability
Performance Assessment
ApplicationApplication
Platform for Growth
Graduate
HVH GWV7.18.06.1
Plan
to A
ction
Gro
wth
BALANCED
SCORECARD
HCEDA Confidential
© Development Resources, LLC 2006
Systematic Entrepreneurship
Graduate
Executive Affiliate Application
Th
e L
ea
rnin
g O
rga
nizatio
n / S
trateg
ic Pla
nn
ing
Graduate
Plan Development
Cu
sto
me
rs
Inte
rna
l Pro
ces
se
s
Le
arnin
g a
nd
Gro
wth
Legal
Human Resources
Affiliate Application
Finance
Marketing
The Learning Organization (TLO) & Balanced ScoreCard (BSC)
AcceptableBusinessPlan
Fin
an
ce
Advisor
Mentor
Capital
Connect
Board of Advisors
Professional
Associate
Support
Tech
Connect
Executive
Connect
Networking
Federal
Connect
SCORE
SBDC
JREF
NeoTech Staff Advisory Board
Advisor / Mentor
Strategy Review
Priority Issues
Key Result Areas
ProgramsMetered
Measured
Monitored
Results Value Proposition / Business Framework / Performance Capability
Consultant / Advisor
Kno
wle
dge
To K
no
wle
dg
e
Susta
ina
ble C
omp
etitive
Adva
ntag
e
Con
cep
ts an
d M
eth
ods
Con
sulta
nt / Adviso
r
Stage I A
Stag
e I B
Stage II
Stag
e III
The
Network
Howard County Economic Development Authority
Current NeoTech Incubator Entrance RequirementsCurrent NeoTech Incubator Entrance Requirements
Capacity to pay for the space and services Relative potential for fast growth and
significant job creation once outside the Incubator
Information Technology focus and fit with existing tenants
Realistic and achievable business plan Full-time venture Can be coached
www.neo-tech.org
Howard County Economic Development Authority
Approximately 1000 entrepreneurs annually
receive assistance
from
The Center For Business
and
Technology Development
20 Resident Technology Companies
10 Affiliate Technology Companies
www.hceda.org
Howard County Economic Development Authority
ExpansionExpansion
2007 will see an expansion of approximately 40% more space available for new
companies
Howard County Economic Development Authority
We are always looking for a few more entrepreneurs!
The Center for Business and Technology Development
9250 Bendix Road
Columbia Maryland
410-313-6550www.hceda.org
Howard County Economic Development Authority
Thank You
Questions?
Vic Hess
410-313-6550
www.hceda.org www.neo-tech.org