2. Alignment of innovation
ssets, and
TECH Resources for Innovation-led Companies
Innovation-
10
esources, as
201
echnologies
s
f
Second-
Second-Stage Companies Sector Initiatives
PeerSpectives & Economic Gardening
MS Seed Fund
Venture Coaching Academy
re
te
A
*MIN WEB-based Training & Communication
WEB-
New Venture Challenge
Promotion & Story telling of
*Innovator’s Hall of Fame Awards Gala
ages
*Discovery Meetings (Breakfast & Lunches)
Regional Innovation Coordination
tive Advanta
Innovation-
Innovation-Led Economic Development Training
2005
*Venture Capital Tools
*Mississippi Executive Talent Exchange
*MS Angel Network
n
Strategies & platforms Comparat
Fast Trac Entrepreneurial Training
Regional Technology Councils
MS e-Center Incubator
e-
Innovation Index
s
*Pointe I
*P i t Innovation Magazine
ti M i
Statewide Technology Tours
T-BED and Cluster
*Conference on High Technology
Community Technology Assessments
Additional Cluster Studies & O
Additi l Cl t St di Organizations
i ti
1998
Michael Porter CIT Cluster Study & CIT.ms Cluster Organization
Mississippi Science & Technology Action Plan
Learning Telling *Doing Collaborating
4. Regional Innovation Clusters (RIC)
Government Geospatial
CIT.ms
Academia Polymer/Plastics
Biomass/Biotech
Private Sector/Non
Sector/Non- Automotive
Profits Defense/Aerospace
5. Innovation Index
Per capita Income
p
Number of Tech Employees/
Companies
Business Births
Angel C it l Invested
A l Capital I t d
Capital Invested in New or Expanding
Companies
7. Pathway for
y
Innovation-
Innovation-Led Economic Development
Innovation-
led
Innovation-
I ti Communities
C iti
led
Jobs
Innovation-
led
Enterprises
8. Five Critical Factors
for
Innovation-
Innovation-Led Economic Development
1. Innovation Culture or risk taking
2.
2 Technology Resource access
3. Entrepreneurship support
organizations
4. Capital (equity & debt) access
5.
5 Human Capital Availability (quality
management, workforce,
intrapreneurship)
Council for Entrepreneurial Development
10. MTA TECH-BASED Services
TECH-
Technology/Innovation Capital
MEP.ms
MEP ms Angel Capital
Strategic Biomass Network
Solutions MS Seed Fund
Federal/University SBIR/STTR
Tech Transfer Program
Entrepreneurship Human Resources
Venture MS Xecutive Talent
Development Xchange (MXTX)
New Venture Workforce
Challenge Investment
ESP & Mentors Network
N t k
11. TECH-BASED Networks
TECH-
Business Assistance
Regional Innovation Clusters
Fast Trac Tech Venture Training Facilitators
MBA Student Teams (MSU, Millsaps, Ole
Miss)
MDA Existing Business & Industry
Minorities, Students, & Women programs
Mississippi Incubator Network
pp
Mississippi SBDC
MyBiz AM Network
12. TECH-BASED Networks
TECH-
Social Networks Economic
Discovery Development
Luncheons Innovation-led
Regional ILED Economic
Councils Development
Conference on Training
High Technology
Hi h T h l Community
C
Innovators Hall of Resources
Fame Gala Assessments
Pointe Innovation MDA/Mississippi
Magazine Economic
Development
Council
14. Networks drive
Innovation-Led
Innovation- Emerging
Economic Development technology
discovery lunches,
discovery lunches
Technology support for
Councils innovative
i E k !
companies, Eureka!
Entrepreneur
Networks
Monthly meetings Capital
of service providers Coalitions Monthly meetings of
hl f
and Capital Coalitions and
p
entrepreneurs q
quarterly meetings of
y g
for training/webinars Angel investor groups.
16. Regional TECH Councils
Form of governance
ILED Training
Strategic Plan
Technology Discovery
Entrepreneurship
Training/Assistance
Capital Network
Human Capital
17. Regional ILED Networks
Network of Networks
Regional Innovation
Clusters
Cl t
TECH Councils
Incubators Network
Angel Capital
Network
18. Lessons Learned
TECH Councils (Not sustainable,
sustainable
unless…)
$$ for TECH ((causes thi tto h
things happen)
)
ILED Training is important (eco
system)
Regional Organizations (Need to
g g
partner with ILED change agents)
Listen & Learn (continuous improvement)
19. Contact Us:
Mississippi Technology Alliance
Bubba Weir, Vice President for
Innovation Resources Development
134 Market Ridge Drive
Ridgeland, Mississippi
Rid l d Mi i i i 39157
601-960-3620
bweir@mta.ms
www.technologyalliance.ms