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“Building Innovative Companies Through Community Partnership” Presented By: In Conjunction With:

Building Innovative Companies Through Community Partnership

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Presented at InnoTech Dallas on May 17, 2012. All rights reserved.

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Page 1: Building Innovative Companies Through Community Partnership

“Building Innovative Companies Through Community Partnership”

Presented By:

In Conjunction With:

Page 2: Building Innovative Companies Through Community Partnership

Session Agenda

IntroductionsFrisco – An Innovative CommunityNTEC - The Start-Up CatalystErgonurse – Innovation in Healthcare Turbo Trac – Efficient TransmissionQ & A

1:00 – 2:00pm

Page 3: Building Innovative Companies Through Community Partnership

Meet Your Speakers

Jim GandyFEDC President

Dave StilesCEO

Allen SwensonCEO

Larry CaltonExecutive Director

Page 4: Building Innovative Companies Through Community Partnership

Jim GandyPresident

FriscoAn Innovative

Community

Page 5: Building Innovative Companies Through Community Partnership

INNOTECH DALLAS2nd Annual Conference

May 17, 2012Irving Convention Center

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CITY OF FRISCO DEMOGRAPHICS

Distance from Major Airports

25 min.

2000 Population 33,417

Current Population (5/1/12)

126,576

Median Age 34

Current Area70.2 sq. mi

Area Currently Developed

46%

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• 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

CITY OF FRISCO FAST FACTS

Page 8: Building Innovative Companies Through Community Partnership

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 CityStonebriar Centre

Page 9: Building Innovative Companies Through Community Partnership

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

Page 10: Building Innovative Companies Through Community Partnership

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

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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

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Return on investment$1 public investment in incubator = $30 in local tax revenue

Business retention84% of graduates stay in community

Increased likelihood of business success87% of incubator graduates stay in business

Source: Business Incubation Works, 1997; 2006 State of the Business Incubation Industry

INCUBATOR IMPACT

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

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Thank You…

James L. Gandy, CEcD, CCIM, President

Frisco Economic Development Corporation

6801 Gaylord Parkway, Suite 400Frisco, Texas 75034

972-292-5150FriscoEDC.com

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NTECThe Start-Up

Catalyst

Larry CaltonExecutive Director

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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

innovation. accelerated.

Page 16: Building Innovative Companies Through Community Partnership

missionTo assist entrepreneurs with the

challenging task of starting and growing a new technology venture by providing

facilities, business, academic, legal, marketing and financial expertise to

innovate and accelerate market entry.

Accelerate Time To Market

Reduce Capital Required to Get There

innovation. accelerated.

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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

what we do

innovation. accelerated.

Page 18: Building Innovative Companies Through Community Partnership

innovation. accelerated.our team

Tom FranklinSr. Scientific

Advisor

Bob KramerSr. Medical

Advisor

Hubert ZajicekSenior Director

Greg RoachDirector

Larry CaltonExecutive Director

Theresa DennigOffice

Administration

Jill HoerstenMarketing Manager

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innovation. accelerated.

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

how we do it

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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

the leverage of NTEC

innovation. accelerated.

Page 21: Building Innovative Companies Through Community Partnership

innovation. accelerated.ntec companies

4 Web SpineBall Semiconductor

Blood AssociatesCarr LLP

CFO AdvisoryChalice Home Health

DxUpCloseEmfinders

ERASEErgoNurse

Heartland CapitalHuman ComputerII-IV Incorporated

Koberg Sports TechLaJolla Digital

MBK ManagementMedstar Surgical

OTSPEB Direct, Inc.Photonis USA

Playbook Mgmt Private Social Network

RWJPTurbo Trac

UTA Zoe Group, Inc.

Page 22: Building Innovative Companies Through Community Partnership

GENERAL BUILDING OVERVIEW Two story, tech-flex construction 50,000 total square feet 80 offices, 30 cubes and 28 lab seats Two-story lobby with technology displays Lake views with outdoor patio Modern tech-industrial design Ample parking spaces Energy efficient facility 24/7 Cardkey access with video surveillance 24/7 monitored security & fire

OFFICE FEATURES AND AMENITIES Fully furnished and flexible offices and cubes VOIP telecom services and equipment Secure high-speed wireless & wired network Conference rooms w/ projector, LCD TV, and white board Fully equipped work rooms with print stations Shipping/receiving and dedicated USPS mailbox Full kitchen/lunchroom with seating for up to 36 Coffee bars on both floors Fitness Center with showers and full massage chair

innovation. accelerated.

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Device LabPrototyping Lab

Bio Lab

Featuring: Chem Hoods

SinksFlex PowerNatural GasSupport AreasMicroscopes

Featuring: Shop Equipment

Prototype RoomCompressed AirSolder stationPower suppliesTesting ovensLarge format printer

Featuring:BSL2 Capable

Bio CabinetsGas StorageClean RoomFlexible WorkBenchesAutoclave

innovation. accelerated.

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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

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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

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events and education

innovation. accelerated.

Page 28: Building Innovative Companies Through Community Partnership

ErgonurseInnovation In

Healthcare

Dave StilesCEO

Page 29: Building Innovative Companies Through Community Partnership

ErgoNurse™ The No-Lift Bedside Patient Repositioning Solution

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The ErgoNurse™ Solution

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The ErgoNurse™ Solution

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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.

The ChallengeCost of Injuries and Bed Sores

Page 33: Building Innovative Companies Through Community Partnership

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

Page 34: Building Innovative Companies Through Community Partnership

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

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Harris Methodist

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ErgoNurse Competitive Advantages

Uses sheets, not slings Requires only 1 caregiver The only “No Lift” option Mobile without storage issues 550lb weight capacity Low maintenance

Sheets Tested to … 1500 lbs!

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The ErgoNurse Solution

The No-Manual-Lifting solution for Health Care Providers

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Turbo TracEfficient

Transmission

Allen SwensonCEO

Page 39: Building Innovative Companies Through Community Partnership

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Innovation Can’t Stop

withThe Product

Page 40: Building Innovative Companies Through Community Partnership

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.

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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.

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Page 42: Building Innovative Companies Through Community Partnership

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.

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Page 43: Building Innovative Companies Through Community Partnership

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.

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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.

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Page 45: Building Innovative Companies Through Community Partnership

“Building Innovative Companies Through Community Partnership”

Q & APanel

Jim GandyFrisco EDC

Dave StilesErgonurse

Allen Swenson

Turbo Trac

Larry CaltonNTEC

Page 46: Building Innovative Companies Through Community Partnership

“Building Innovative Companies Through Community Partnership”

Presented By:

Thank You for Coming!