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Leadership position in technology
entrepreneurship & commercialization
Fourth 2012 TIM Lecture
May 31, 2012
Agenda


• Introduction                  Dean Jerry Tomberlin

• Remarks                   President Roseann Runte

• Overview                              Tony Bailetti

• Engage with initiatives            Steven Muegge

• Showcase                            Michael Weiss

• Engage with ventures                Michael Weiss

• Closing remarks                       Tony Bailetti
                                                      2
Objectives


• Thank individuals & organizations

• Validate 7 proof points to attain leadership

• Engage community talent with initiatives to attain 7
  leadership proof points & help key organizations
  achieve their own proof points

• Showcase student talent: theses, projects & ventures

• Engage community talent with students’ ventures


                                                     3
Thank you!




  President     Vice-President   Dean Jerry   Dean Rafik   Wesley Nicol
Roseann Runte   Kim Matheson     Tomberlin     Goubran




                                                                          4
Many, diverse, cross-disciplinary

                                                                 e
                                                        T he Edg
                                                  Docto
                                                        ra
                                                 Bache l program
                                                        lo
                                                 Minor r of Comme
                                                       in Ent        r
                                                              repren ce in Entre
                                                                    eurshi       preneu
                                                                          p             rship

                  @Carleton
 Ide as Greenhouse
                                                                                                RCTI

 Car
     leton
Ent
   repr
        eneu
             rs
      TIM Entrepreneurs                                                                             lu   b
                                                                                          und ers C
                                                                                 F      o
      Born                                            Sprott
                                                             Centre          LTW
                          TIM Lecture                Social          fo
      Global                            Series              Enterpr r                            5
                                                                   i ses
Institute for TEC


                                                        LTW Founders Club



          Institute for Technology
Entrepreneurship and Commercialization (TEC)

  M.A.Sc.
  M.Eng.
               TIM Lecture Series

                    RCTI

                 TIM Entrepreneurs
                                               Born
           Carleton                            Global              6
           Entrepren eurs
Seven proof points


•   TIM program: 100+ students enrolled
                  40+ theses & projects/yr
•   TIM Review: 10,000 readers/issue
•   Training: 80 founders/yr, 50 interns/yr
•   Sprott: 4 Ph.D. students/yr
•   Lead projects: 2 lead projects/yr
•   Born Global: 1 disruptive knowledge project/yr
•   Internships: 50 interns/yr


                                                     7
Reasons to engage


• Strengthen existing skills or develop new ones
• Achieve with others what you can’t do on your own
• Increase your brand & options
• Find new interests & hobbies
• Enjoy new experiences
• Provide examples of your commitment, dedication &
  interests
• Be part of large & diverse tech entrepreneurship &
  commercialization community

                                                       8
Proof point # 1: TIM students


100+ students                     40+ theses & projects/yr
Michael Weiss                     Steven Muegge

• Recruit talent (science,        • Interesting topics &
  technology, engineering, &        talented people
  mathematics), 2 yrs exp.,       • Establish TIM Alumni
  good grades, 2 references
                                    Association
• Startups or established firms
                                  • Promote TIM theses &
• Experiment with social media
  to help recruit TIM talent &      projects
  use lessons learned


                                                       9
Proof point # 2: TIM Review


                    10,000 readers/issue     Chris McPhee

A monthly journal since 2007:                 timreview.ca
• Focuses on the theories, strategies, and    @TIMReview
  tools that help small and large technology
  companies succeed
• Have published ~350 articles from >300 experts
• Increasing focus on technology entrepreneurship and
  international entrepreneurship
• Bridges gap between theory and practice
• Global reach, but firmly rooted in Canada’s Capital Region
                                                      10
Proof point # 2: TIM Review


                    10,000 readers/issue     Chris McPhee

TIM Review enables us to:                    timreview.ca
• Develop and share knowledge                @TIMReview
• Better understand technology entrepreneurship
• Provide solutions to the problems faced by entrepreneurs
• Share research results and identify gaps
• Build relationships
• Demonstrate thought leadership

Current priorities: readership and sustainable funding
                                                         11
Proof point # 2 (continued)


                    10,000 readers/issue    Chris McPhee

How to contribute:                            timreview.ca
• Read & comment on articles                  @TIMReview
• Suggest themes for new issues
• Write an article or become a guest editor
• Tell a friend or colleague about TIM Review
• Promote TIM Review with social media
• Recommend authors, guest editors, & reviewers
• Produce course packs using articles
• Sponsor or advertise in TIM Review
                                                      12
• Provide feedback
Proof point # 3: Education

   80 founders trained/yr, 50 interns/yr

   TIM Entrepreneurs    Tom Duxbury       TIM students

Carleton Entrepreneurs Tony Bailetti &    Carleton students & recent
                        Julie Caldwell    grads

                        Tony Bailetti     Canada’s Capital Region

                                          Students & recent grads
                        Jonathan Wells    Ottawa’s four post secondary
                                          institutions
                                          Women owners of high-
                        Elizabeth Lance
                                          growth businesses
                                          Founders of Lead to Win
LTW Founders Club       Elizabeth Lance                        13
                                          companies
Proof point # 3 (continued)

80 founders trained/yr, 50 interns/yr

• Hire STEM interns
• Recruit talented entrepreneurs
• Mentor entrepreneurs
• Serve in Review Boards and/or deliver modules
• Become a stakeholder of Idea  Opportunity  Venture
• Migrate programs to other geographies
• Support desks (Sales, Investment, Go-to-market)
• Provide space (office, meeting rooms, work spaces)
• Fund operations & sponsor socials
• Suggest new services                                 14
Proof point # 3 (continued)

80 founders trained/yr, 50 interns/yr

                        Early buyers

         Partners                              Investors, M&A




   Service                                          Post secondary
                Idea  Opportunity  Venture
   providers                                        institutions

                     Entrepreneur in startup
                       or established firm
        Economic
     development                               Complementors
    organizations
                            Institute
                             for TEC           Stakeholders
                                                        15
Proof point # 4: Ph.D. students


            4 Ph.D. students/yr             David Hudson
                                          Mika Westerlund


• Recruit talented Ph.D. students in technology
  entrepreneurship
• Suggest relevant topics for thesis development
• Engage with research projects




                                                    16
Proof point # 5: Lead projects



       RCTI   2 lead projects/yr          Jonathan Wells


• Established companies that sell outside Canada
• Directed research & consulting
• High effort to complete


•   Commercialization for new markets
•   Internal entrepreneurship
•   Strategic business development
•   Exploration/exploitation management             17
Proof point # 6: Born global


     Born       1 disruptive knowledge
     Global     project/yr                           Tony Bailetti


• Implement a born global & a re-born global program for local
  companies Fall 2012
• Disrupt conventional staged approach to internationalization
• Leverage links to centres of expertise worldwide
• Contribute articles on born global to TIM Review
• Raise awareness about urgency to act on disruption
• Provide case studies on how firms are born & re-born global
  as well as support tools
                                                            18
Proof point # 7: Internships


          50 interns/yr                           Wes Nicol


• 50 interns per year –as many from Carleton as we can
  – by attracting more endowment funding

• Help interns & other students championing “Green-
  rated” opportunities raise investment funds required to
  launch their businesses




                                                        19
Next steps


• Right proof points?

• Right opportunities to engage to deliver 7 proof
  points?

• How best to support IRAP, OCE, Invest Ottawa, &
  City of Ottawa achieve their proof points?

• Next steps?



                                                     20
Break




Technology Innovation Management
         carleton.ca/tim
       twitter.com/#!/timprogram   21
Showcase theses & ventures

David Hudson      Entrepreneurial effort in the      Ph.D. proposal      Ph.D. in Sprott
                  theory of the firm
Chris McPhee      Methodology to construct the       Successful thesis   M.A.Sc. TIM
                  TIM Review
Arthur Low        Security processors licensed       CrackSemi           M.A.Sc. TIM
                  as silicon intellectual property
Mike Ayukawa      Discover memories &                Cornerportal        M.A.Sc. TIM
                  meaning in your world
David Ker         Lassoo the Web: capture,           Realwat             M.A.Sc. TIM
                  organize & present the Web
Ronald Amelunge   BDT-VoiceMail to text              ClearVoix           M.A.Sc. TIM

Robert Poole      Economic development in            Freebird Connect    M.Eng. TIM
                  knowledge economy
James Makienko    Scalable video transcription       HiveDirect          M.Eng. TIM
Natasha D’Souza   Virtual therapy for special        VirtualEyeSee       M.Eng. TIM
                  needs children
Elias Majic       Mobile language learning           Ottercall           M.Eng. TIM22
1 Ph.D., 5 M.A.Sc & 4 M.Eng.




        Ronald Amelunge              Mike Ayukawa       Natasha D’Souza




David Hudson             David Ker                                    Elias Majic
                                                Arthur Low




                                                                                    23
          Chris McPhee           James Makienko              Robert Poole
Engage with ventures


• Q&A for TIM entrepreneurs

• How to engage with TIM entrepreneurs

• Additional comments on proof points

• Next steps?




                                         24
Closing comments


• Report on June issue of TIM Review
  timreview.ca

• If interested in TIM or to engage in proof point
  initiatives, contact:
   •   Tony Bailetti           bailetti@sce.carleton.ca
   •   Steven Muegge         smuegge@sce.carleton.ca
   •   Michael Weiss            weiss@sce.carleton.ca
   •   Jonathan Wells      jonathan_wells@carleton.ca

                        Thank you!                    25

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Leadership Position in Technology Entrepreneurship & Commercialization May 31 2012

  • 1. Leadership position in technology entrepreneurship & commercialization Fourth 2012 TIM Lecture May 31, 2012
  • 2. Agenda • Introduction Dean Jerry Tomberlin • Remarks President Roseann Runte • Overview Tony Bailetti • Engage with initiatives Steven Muegge • Showcase Michael Weiss • Engage with ventures Michael Weiss • Closing remarks Tony Bailetti 2
  • 3. Objectives • Thank individuals & organizations • Validate 7 proof points to attain leadership • Engage community talent with initiatives to attain 7 leadership proof points & help key organizations achieve their own proof points • Showcase student talent: theses, projects & ventures • Engage community talent with students’ ventures 3
  • 4. Thank you! President Vice-President Dean Jerry Dean Rafik Wesley Nicol Roseann Runte Kim Matheson Tomberlin Goubran 4
  • 5. Many, diverse, cross-disciplinary e T he Edg Docto ra Bache l program lo Minor r of Comme in Ent r repren ce in Entre eurshi preneu p rship @Carleton Ide as Greenhouse RCTI Car leton Ent repr eneu rs TIM Entrepreneurs lu b und ers C F o Born Sprott Centre LTW TIM Lecture Social fo Global Series Enterpr r 5 i ses
  • 6. Institute for TEC LTW Founders Club Institute for Technology Entrepreneurship and Commercialization (TEC) M.A.Sc. M.Eng. TIM Lecture Series RCTI TIM Entrepreneurs Born Carleton Global 6 Entrepren eurs
  • 7. Seven proof points • TIM program: 100+ students enrolled 40+ theses & projects/yr • TIM Review: 10,000 readers/issue • Training: 80 founders/yr, 50 interns/yr • Sprott: 4 Ph.D. students/yr • Lead projects: 2 lead projects/yr • Born Global: 1 disruptive knowledge project/yr • Internships: 50 interns/yr 7
  • 8. Reasons to engage • Strengthen existing skills or develop new ones • Achieve with others what you can’t do on your own • Increase your brand & options • Find new interests & hobbies • Enjoy new experiences • Provide examples of your commitment, dedication & interests • Be part of large & diverse tech entrepreneurship & commercialization community 8
  • 9. Proof point # 1: TIM students 100+ students 40+ theses & projects/yr Michael Weiss Steven Muegge • Recruit talent (science, • Interesting topics & technology, engineering, & talented people mathematics), 2 yrs exp., • Establish TIM Alumni good grades, 2 references Association • Startups or established firms • Promote TIM theses & • Experiment with social media to help recruit TIM talent & projects use lessons learned 9
  • 10. Proof point # 2: TIM Review 10,000 readers/issue Chris McPhee A monthly journal since 2007: timreview.ca • Focuses on the theories, strategies, and @TIMReview tools that help small and large technology companies succeed • Have published ~350 articles from >300 experts • Increasing focus on technology entrepreneurship and international entrepreneurship • Bridges gap between theory and practice • Global reach, but firmly rooted in Canada’s Capital Region 10
  • 11. Proof point # 2: TIM Review 10,000 readers/issue Chris McPhee TIM Review enables us to: timreview.ca • Develop and share knowledge @TIMReview • Better understand technology entrepreneurship • Provide solutions to the problems faced by entrepreneurs • Share research results and identify gaps • Build relationships • Demonstrate thought leadership Current priorities: readership and sustainable funding 11
  • 12. Proof point # 2 (continued) 10,000 readers/issue Chris McPhee How to contribute: timreview.ca • Read & comment on articles @TIMReview • Suggest themes for new issues • Write an article or become a guest editor • Tell a friend or colleague about TIM Review • Promote TIM Review with social media • Recommend authors, guest editors, & reviewers • Produce course packs using articles • Sponsor or advertise in TIM Review 12 • Provide feedback
  • 13. Proof point # 3: Education 80 founders trained/yr, 50 interns/yr TIM Entrepreneurs Tom Duxbury TIM students Carleton Entrepreneurs Tony Bailetti & Carleton students & recent Julie Caldwell grads Tony Bailetti Canada’s Capital Region Students & recent grads Jonathan Wells Ottawa’s four post secondary institutions Women owners of high- Elizabeth Lance growth businesses Founders of Lead to Win LTW Founders Club Elizabeth Lance 13 companies
  • 14. Proof point # 3 (continued) 80 founders trained/yr, 50 interns/yr • Hire STEM interns • Recruit talented entrepreneurs • Mentor entrepreneurs • Serve in Review Boards and/or deliver modules • Become a stakeholder of Idea  Opportunity  Venture • Migrate programs to other geographies • Support desks (Sales, Investment, Go-to-market) • Provide space (office, meeting rooms, work spaces) • Fund operations & sponsor socials • Suggest new services 14
  • 15. Proof point # 3 (continued) 80 founders trained/yr, 50 interns/yr Early buyers Partners Investors, M&A Service Post secondary Idea  Opportunity  Venture providers institutions Entrepreneur in startup or established firm Economic development Complementors organizations Institute for TEC Stakeholders 15
  • 16. Proof point # 4: Ph.D. students 4 Ph.D. students/yr David Hudson Mika Westerlund • Recruit talented Ph.D. students in technology entrepreneurship • Suggest relevant topics for thesis development • Engage with research projects 16
  • 17. Proof point # 5: Lead projects RCTI 2 lead projects/yr Jonathan Wells • Established companies that sell outside Canada • Directed research & consulting • High effort to complete • Commercialization for new markets • Internal entrepreneurship • Strategic business development • Exploration/exploitation management 17
  • 18. Proof point # 6: Born global Born 1 disruptive knowledge Global project/yr Tony Bailetti • Implement a born global & a re-born global program for local companies Fall 2012 • Disrupt conventional staged approach to internationalization • Leverage links to centres of expertise worldwide • Contribute articles on born global to TIM Review • Raise awareness about urgency to act on disruption • Provide case studies on how firms are born & re-born global as well as support tools 18
  • 19. Proof point # 7: Internships 50 interns/yr Wes Nicol • 50 interns per year –as many from Carleton as we can – by attracting more endowment funding • Help interns & other students championing “Green- rated” opportunities raise investment funds required to launch their businesses 19
  • 20. Next steps • Right proof points? • Right opportunities to engage to deliver 7 proof points? • How best to support IRAP, OCE, Invest Ottawa, & City of Ottawa achieve their proof points? • Next steps? 20
  • 21. Break Technology Innovation Management carleton.ca/tim twitter.com/#!/timprogram 21
  • 22. Showcase theses & ventures David Hudson Entrepreneurial effort in the Ph.D. proposal Ph.D. in Sprott theory of the firm Chris McPhee Methodology to construct the Successful thesis M.A.Sc. TIM TIM Review Arthur Low Security processors licensed CrackSemi M.A.Sc. TIM as silicon intellectual property Mike Ayukawa Discover memories & Cornerportal M.A.Sc. TIM meaning in your world David Ker Lassoo the Web: capture, Realwat M.A.Sc. TIM organize & present the Web Ronald Amelunge BDT-VoiceMail to text ClearVoix M.A.Sc. TIM Robert Poole Economic development in Freebird Connect M.Eng. TIM knowledge economy James Makienko Scalable video transcription HiveDirect M.Eng. TIM Natasha D’Souza Virtual therapy for special VirtualEyeSee M.Eng. TIM needs children Elias Majic Mobile language learning Ottercall M.Eng. TIM22
  • 23. 1 Ph.D., 5 M.A.Sc & 4 M.Eng. Ronald Amelunge Mike Ayukawa Natasha D’Souza David Hudson David Ker Elias Majic Arthur Low 23 Chris McPhee James Makienko Robert Poole
  • 24. Engage with ventures • Q&A for TIM entrepreneurs • How to engage with TIM entrepreneurs • Additional comments on proof points • Next steps? 24
  • 25. Closing comments • Report on June issue of TIM Review timreview.ca • If interested in TIM or to engage in proof point initiatives, contact: • Tony Bailetti bailetti@sce.carleton.ca • Steven Muegge smuegge@sce.carleton.ca • Michael Weiss weiss@sce.carleton.ca • Jonathan Wells jonathan_wells@carleton.ca Thank you! 25