6. CITY OF FRISCO DEMOGRAPHICS
Distance from Major
25 min.
Airports
2000 Population 33,417
Current Population
126,576
(5/1/12)
Median Age 34
Current Area 70.2 sq. mi
Area Currently
46%
Developed
7. CITY OF FRISCO FAST FACTS
• Population has grown 247% since 2000
• One of the Fastest Growing Cities in America,
U.S. Census Bureau 2010
• Top 10 Best Places to Relocate, Forbes.com 2009
• Top 100 Best Places to Live, Money Magazine
2008
8. FRISCO ECONOMIC DEVELOPMENT CORP.
• Frisco voters approved a ½ cent sales tax for economic
development in 1991
• FEDC was established in 1991 by Frisco City Council
• FEDC mission is to promote the attraction, retention and
formation of new business enterprises
• FEDC goals are to:
• Promote business development
• Provide and encourage job creation
• Expand the tax base of the City
Stonebriar
9. WHY NTEC?
• FEDC Strategic Plan – Three Goals:
1. Business Attraction
- Companies outside of Frisco
2. Business Retention & Expansion
- Companies in Frisco
3. Business Formation
- North Texas Enterprise Center
10. NTEC – THEN and NOW
• 2003 - Founded by the FEDC in partnership Hall
Financial Group
• 2003 - Began operations in the FEDC office
• 2005 -Expanded into 12,000 SF in Hall Office Park
• 2008 - Expanded into new, 2-story, 50,000 SF facility
• 2009 - Received the “Healthcare Heroes Innovator
Award from the Dallas Business Journal
• 2010 - Began actively supporting “cleantech” ventures
• 2012 - Is now the largest medical technology accelerator in
the Southwest United States
11. HOW DOES NTEC BENEFIT FRISCO?
• Great economic development backyard gardening
• Promotes new business formation and job creation
• Attracts capital that grows young companies
• Attracts entrepreneurs with creative minds
• Strengthens Frisco’s competitive advantages
• Promotes Frisco as a great place to start and
grow a successful company
• Is an Award winning program
12. INCUBATOR IMPACT
Return on investment
$1 public investment in incubator = $30 in local tax revenue
Business retention
84% of graduates stay in community
Increased likelihood of business success
87% of incubator graduates stay in business
Source: Business Incubation Works, 1997; 2006 State of the Business Incubation Industry
In 2005 alone, North American incubators
helped more than 27,000 start-up companies
that provided full-time employment for more than 100,000 workers
and generated annual revenues of more than $17 billion.
From NBIA’s 2006 State of the Business Incubation Industry
13. Thank You…
James L. Gandy, CEcD, CCIM, President
Frisco Economic Development
Corporation
6801 Gaylord Parkway, Suite 400
Frisco, Texas 75034
972-292-5150
FriscoEDC.com
15. innovation. accelerated.
NTEC was conceived to
function as the third point on
the economic development
triangle, filling the role of
“business creation” engine
for Frisco.
Frisco Style – February 2004
16. innovation. accelerated.
mission
To assist entrepreneurs with the
challenging task of starting and growing
a new technology venture by providing
facilities, business, academic, legal, mark
eting and financial expertise to innovate
and accelerate market entry.
Accelerate Time To Market
Reduce Capital Required to
Get There
17. innovation. accelerated.
what we do
Identify unique tech commercialization and
business acceleration opportunities
Help build significant, sustainable technology
businesses
Stimulate angel and venture investment
Support economic development
Champion regional tech leadership
Provide entrepreneurial education and
networking
Facilitate partnering and collaboration
18. innovation. accelerated.
our team
Larry Calton Theresa Dennig Jill Hoersten Tom Franklin
Executive Director Office Marketing Sr. Scientific
Administration Manager Advisor
Bob Kramer Greg Roach Hubert Zajicek
Sr. Medical Director Senior Director
Advisor
19. innovation. accelerated.
how we do it
Office/Cube Space and Furniture
Flexible Laboratories
Shared Equipment
Business Acceleration Program
Education
Conference Center
Product Development Center
Partnership Programs
Venture Alliance
West Coast Pitch Days
20. innovation. accelerated.
the leverage of NTEC
Compressed business development
time, milestone attainment and capital efficiency
Deep pool of industry and specialty specific
business, medical and scientific advisors
Industry specific expertise in
quality, regulatory, product
design, manufacturing, and sales
Funding network that includes angel and venture
capital investors and other forms of financing
Well defined business acceleration model
State-of-the-art flexible physical infrastructure
21. innovation. accelerated.
ntec companies
4 Web Spine Koberg Sports Tech
Ball Semiconductor LaJolla Digital
Blood Associates MBK Management
Carr LLP Medstar Surgical
CFO Advisory OTS
Chalice Home Health PEB Direct, Inc.
DxUpClose Photonis USA
Emfinders Playbook Mgmt
ERASE Private Social Network
ErgoNurse RWJP
Heartland Capital Turbo Trac
Human Computer UTA
II-IV Incorporated Zoe Group, Inc.
22. innovation. accelerated.
GENERAL BUILDING OVERVIEW
Two story, tech-flex construction
50,000 total square feet
80 offices, 30 cubes and 28 lab seats
OFFICE FEATURES AND AMENITIES
Two-story lobby with technology displays
Fully furnished and flexible offices and cubes
Lake views with outdoor patio
VOIP telecom services and equipment
Modern tech-industrial design
Secure high-speed wireless & wired network
Ample parking spaces
Conference rooms w/ projector, LCD TV, and white board
Energy efficient facility
Fully equipped work rooms with print stations
24/7 Cardkey access with video surveillance
Shipping/receiving and dedicated USPS mailbox
24/7 monitored security & fire
Full kitchen/lunchroom with seating for up to 36
Coffee bars on both floors
Fitness Center with showers and full massage chair
23. innovation. accelerated.
Prototyping Device Lab Bio Lab
Lab
Featurin Featurin Featurin
g: Shop Equipment g: Chem Hoods g: BSL2 Capable
Prototype Room Sinks Bio Cabinets
Compressed Air Flex Power Gas Storage
Solder station Natural Gas Clean Room
Power supplies Support Areas Flexible Work
Testing ovens Microscopes Benches
Large format printer Autoclave
24. Approx. 4000sf with integrated GUI
for A/V, lighting, shades, satellite TV,
and mic (wired/wireless) controls
Variety of room arrangements
seating up to 180 people
Classroom (can be divided into
two rooms, A &B)
Banquet
Lecture
“U” Shape
Reception area for check-in and
basic kitchen for food service
High speed wireless access
25. Complete manufacturing center from parts receipt and
inventory through final product packaging.
Pilot level production Cost effective
cGMP capable 5 unique product lines
Certified clean room Clean assembly area
Gowning room Packaging/receiving area
Roll-up door for deliveries Forklift truck
27. innovation. accelerated.
how to reach us
On the web: www.ntec-inc.org
Email: info@ntec-inc.org
Phone: 972.987.1402
Address: 6170 Research Rd, Frisco
Social Media:
LinkedIn facebook twitter
28. Dave Stiles
CEO
Ergonurse
Innovation In
Healthcare
32. The Challenge
Cost of Injuries and Bed Sores
Nurses have 6X more back and shoulder injuries
than construction workers.
Back and shoulder injuries to caregivers cost US
Healthcare Providers over $2.5B per year in direct
costs.
Medicare has stopped reimbursing hospitals for the
treatment of hospital acquired pressure ulcers.
Estimates for the direct cost to hospitals to treat
pressure ulcers is over $3B per year.
33. Hospital Issues
High cost of caregiver injuries
The human cost of pain and suffering for employees
Loss of reimbursement for treatment of pressure sores
Increasing staff injuries due to increased emphasis in
2 hour turning schedules
High acquisition and training costs for Nurses and
Patient Techs
34. ErgoNurse Benefits
The ErgoNurse Lift is a true “No Lift” solution
Pulls patients up in bed
Turns patients to avoid pressure ulcers
Elevates patients off the bed for No-Lift:
Linen changes
Placement of slings or transfer mats/sheets
Turns patients fully to their side for No-Lift:
Cleaning, wound care and skin assessments
Log-roll linen changes
Placement of slings or transfer mats/sheets
40. Meeting a Market Need
Energy costs to increase 90% in next two
decades,
Profitability and survival of many industries
threatened,
No current technologies effectively overcome
growing challenge,
Turbo Trac’s innovation could overcome the
pain,
Path to commercialization also needed business
innovation.
40
41. Path, Progress & Partnerships
Partnerships for Commercialization come in
three classifications:
Angels, friends and family will get you started -
Commercial partners are great resources but
often have different goals -
Public/Private partnerships will drive success
when you align your goals with theirs.
41
42. Our P/P Partners in Success
TMAC – a resource for high quality, low cost
resources for product development,
engineering and manufacturing design,
UT System – a resource for various project
assistance,
Texas Emerging Technology Fund – provided
financial resources after angels,
DoD, DOE, DHS, FDA, etc. all provide unique
support.
42
43. Resources Where We Live
Team Texas
TX EDC’s have needs and resources,
Turbo Trac reviewed fifty EDCs,
Selected and queried 23 EDCs
Frisco EDC – a nexus of needs,
Broad professional and skilled employment base,
NTEC - A cost effective transition,
An attractive living environment, and
Financial support to provide jobs and tax base.
43
44. Innovation – a Business
Innovation goes beyond the product,
Think outside the box,
TETF, TMAC, and especially the Frisco EDC
and NTEC have proven to be invaluable
resources that have helped drive Turbo Trac
towards success.
44
45. “Building Innovative Companies Through
Community Partnership”
Panel
Q&A
Larry Calton Jim Gandy Dave Stiles Allen
NTEC Frisco EDC Ergonurse Swenson
Turbo Trac
NTEC was created to fill the role of organic business creation engine for the City of Frisco.Our job is to support and grow new technology based businesses in industry sectors that fit with the long term strategy of Frisco
Economic Development is a by-product of what we doWe also work with Frisco to make the City a Start-Up friendly place (zoning, infrastructure, support network, venues, etc)
Comment briefly on our BoA and BoD
Substantial, flexible infrastructure made possible by support from Frisco and our partners. Very valuable for start-ups in reducing capital required to launch.Formal incubation program.Education programs (which I will tell you about shortly)Start-up funding programs and alliancesResource network
25 CompaniesNearly 100 full and part time employees$60 million plus in investment
Full function conference center for shareholder meetings, education, product demonstrations, etc.Saves money for the entrepreneur
Allows for rapid product design and testingFacilitates economical, small-run assembly projectsGMP capableUnique pay as you go model
Supporting community entrepreneurs.Attracting new entrepreneursPartnering with established companies