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America 21 Project the PIPELINE to PRODUCTIVITY STEMEDUCATION | CAPITALACCESS & INVESTMENT | HIGH-GROWTH ENTREPRENEURSHIP Building an Urban Innovation Ecosystem from Pipeline to Productivity © The America21 Project Formerly the Black Innovation and Competitiveness Initiative

The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

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The America21 Project introduces a new economic narrative to empower and connect historically disconnected sectors to America's 21st century innovation economy from pipeline to productivity. The Innovation Economy consists of three core pillars:STEM education and workforce developmentHigh-growth EntrepreneurshipAccess to Capital and Capital Formation

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Page 1: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America 21 Project the

PIPELINE

to

PRODUCTIVITY

STEMEDUCATION | CAPITALACCESS & INVESTMENT | HIGH-GROWTH ENTREPRENEURSHIP

Building an Urban Innovation Ecosystem from Pipeline to Productivity

© The America21 Project

Formerly the Black Innovation and Competitiveness Initiative

Page 2: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

The America 21 Project: VISION & MISSION

VISION

The America 21 Project will be the leading national voice for innovation and competitiveness empowering Urban

America toward full equity participation in the 21st century Innovation Economy.

MISSION

The America 21 Project will catalyze an unprecedented growth of Urban American prosperity through increased

innovation capacity and economic competitiveness.

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Page 3: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

Historical Transitions in the U.S. Economy

19th century agrarian economy 20th century manufacturing and service economy

… is knowledge-based … driven by science, technology and innovation.

The 21st century innovation economy

The 19th and 20th century economies were driven by manual labor…

Risk Capital Exponential Growth Technology/Social Media-Driven Platforms

Disruptive Ideas

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Page 4: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America’s INNOVATION ECONOMY Knowledge-Based Technology Driven Fueled by Risk Capital Investments

Three Foundation Pillars

STEM Education

CAPITAL Access / Investment

HIGH-GROWTH Entrepreneurship

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Page 5: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

Revitalizing America’s economic vitality requires strengthening ALL of America’s innovative sectors

Lagging Global Competitiveness 2011

Switzerland Singapore Sweden Finland USA Germany

Netherlands

Denmark

Japan

Britain

1

2

3

4

5

6

7

8

9

10

Sept. 7, 2011 (AP) — The World Economic Forum rankings, which the forum has issued for more than three decades, are based on economic data and a survey of 15,000 business executives across 142 nations. The forum praised the U.S. for its productivity, highly sophisticated and innovative companies, excellent universities and flexible labor market. But it also cited “a number of escalating weaknesses” …

#1 2008

2010 #4

2011 #5

Fall 2008: economic collapse

Page 6: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

Historical Transitions in U.S. Demographics 21

1960 Non-Hispanic Whites comprised 85% of the U.S. population 85% 2011 Non-Hispanic Whites comprise 67% of the U.S. population

67%

2050 Non-Hispanic Whites will be just 47% of the U.S. population

47%

Young Urban America is

growing

By 2030, 79 million Baby Boomers will be 65+ years. The “elderly” age group will grow faster than any other age demographic.

Source: Pew Research & Agora Financial

Page 7: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

The America 21 Project: Addressing the Ecosystem

Filling the funnel from pipeline to productivity

STEM Education

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$150B Federal R&D

University Labs

60%

13% Black American population

Entrepreneurship

< 5% STEM professionals

< 1% HBCUs

Black-owned businesses

1.9 million $137B < 1%

Venture-backed businesses

4,025 $2.9T 21%

Revenue

% GDP

Source: Bureau of Labor Stats 2007: Before economic collapse Source: National Venture Capital Association

1.8 million sole proprietors

with no employees

Workforce development Job creation and growth

Page 8: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

# Businesses Business receipts Population

Blacks

Hispanics

Asians

Whites

Total in 2007

1.9 million

2.3 million

1.6 million

22.6 million

$138B

$351B

$514B

$10.2 trillion

Total annual gross revenue Estimate # of U.S. citizens

37 million

45.4 million

13 million

224.5 million

Per Capita

$3,729

$7,731

$39,538

$45,434

0.8 percent total employment 0.5 percent of all receipts

1.6 percent total employment 1.1 percent of all receipts

2.4 percent total employment 1.7 percent of all receipts

89.3 percent ownership of all scientific, tech & construction firms

34 percent of all receipts

Business receipts

Per Capita Business Receipts (Census data for 2007; published 2010)

PROBLEM 21

Page 9: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America’s Innovation Economy

Exponential job growth No job growth

Entrepreneurial Ecosystem

No Ecosystem

Public-Private risk capital infrastructure

No investment infrastructure

White America’s median wealth is 20 times Black America’s

21st century

ALL net new job growth since 1980 has been produced by companies 5-years-old and younger. (Kauffman Foundation)

Page 10: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

BOLSTERING AMERICA’S COMPETITIVENESS How do we connect Disconnected Americans to the Innovation Economy?

The bridge connecting urban communities to the 21st century Innovation Economy is The America21 Project.

21st Century 20th Century

STEM education

Federal R&D investments

Angel & Venture Capital

High-Growth Entrepreneurship

Startup America Partnerships

Entrepreneurial Ecosystem

21

The Innovation Entrepreneurial Ecosystem

STEM Education

High Growth Entrepreneurship

Access/Investment Capital

Page 11: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America’s FUTURE INNOVATION ECONOMY Knowledge-Based Technology Driven Fueled by Risk Capital Investments

STEM Education

CAPITAL Access / Investment

HIGH-GROWTH Entrepreneurship

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2011 2050 Minorities 36% pop

< 11% STEM

Minorities 53% pop

35% STEM Achievable growth by investing in the technological future of America

Minorities Black/Hispanic < 3.5% GDP

Minorities Black/Hispanic

15% GDP

PIPELINE

PRODUCTIVITY

INVESTMENT

Achievable growth by investing in high-growth businesses to strengthen America

Minorities Black/Hispanic < 1% Angels

Minorities Black/Hispanic 15% Angels

Achievable growth by recruiting minority high net worth individuals to invest

GOALS CURRENT

Page 12: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

The America 21 Project STRATEGY

The America 21 Project seeks to leverage existing assets within Urban American communities to create new opportunities and ensure competitiveness in the Innovation Economy.

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SOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTION

Page 13: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

The America 21 Project PLATFORM

Events – Forums, Summits & Symposia Strategic Partnerships & Resources

Online proprietary ecosystem

Social Media & Networking

Branded online-offline entrepreneurial ecosystem

• Innovation Nation Social Community • Entrepreneur Academy • Deal Flow (Angels & Entrepreneurs)

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Page 14: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

innovation economy STEM: < 11% STEM field companies are minority-owned

CAPITAL: Black investors represent less than 1% of all angels and venture capitalists

HIGH-GROWTH ENTREPRENEURS: Black entrepreneurs received 1% of tech investments in 2010

2015 How do we CONNECT quickly?

The America 21 Project connectconnectconnectconnectconnectconnectconnectconnectconnectconnectconnect

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Page 15: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

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CONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTING

Developing the America21 Urban Ecosystem 21

Urban innovators are fragmented while surrounded by innovation ecosystems

Page 16: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

‘Seed’ Node

Emerging Node

Hub of Innovation

Developing Node

CONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTINGCONNECTING

CONNECTING URBAN AMERICA

Spreading awareness, planting resource seeds, nurturing growth

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• Offline Forums • Online-Offline Entrepreneur Ecosystem • Recruitment of Urban Angels

Page 17: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

The AMERICA 21 Project

Spreading awareness, planting resource seeds, nurturing growth

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ORGANIZATIONAL CHART The America 21 Project

National STEM Council Partnership for Urban America

HBCU Innovation (R&D) initiative National Urban Innovation Campaign

Urban Innovation Fund

Urban Innovators Workshop

Innovation Nation

projects

initiatives

BUILDING THE URBAN ECONOMIC ECOSYSTEM

Page 18: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

National STEM Council

Spreading awareness, planting resource seeds, nurturing growth

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BUILDING THE URBAN ECONOMIC ECOSYSTEM

• STEM Symposiums • Traveling program to HBCUs

• STEM Speakers • Speakers bureau

• STEM Pitch-to-Angels • Contests (online & offline)

• STEM HBCU Coalition • Federal grants • Commercialization of ideas • Community outreach / impact

Convening innovative thought leaders, organizations, educators and investors

Page 19: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America21 Project Urban Innovation Campaign

Spreading awareness, planting resource seeds, nurturing growth

21

BUILDING THE URBAN ECONOMIC ECOSYSTEM

2011-2012

4 Forums 4 Cities 1 outcome: Plant seeds of urban economic development to grow 21st century Innovation Economy Ecosystems

SOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTIONSOLUTION

Page 20: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America21 Project Urban Innovation Campaign

Spreading awareness, planting resource seeds, nurturing growth

21

BUILDING THE URBAN ECONOMIC ECOSYSTEM

NATIONAL URBAN INNOVATION CAMPAIGN

2011-2012

KEY NODES

Urban Funders

Urban Founders

in each region

Page 21: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America21 Project Urban Innovation Campaign

Spreading awareness, planting resource seeds, nurturing growth

21

BUILDING THE URBAN ECONOMIC ECOSYSTEM

NATIONAL URBAN INNOVATION CAMPAIGN

2011-2012

Urban Funders The outcome the forum in each region will be the seed development of a group of high net worth individuals willing to invest in the National Urban Innovation Fund and engage in the workshops that will educate them toward becoming an active regional angel investment group. The America 21 Project will provide partners to assist in the development. At the end of year one, there will be at least four urban funders groups.

Page 22: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

America21 Project Urban Innovation Campaign

Spreading awareness, planting resource seeds, nurturing growth

21

BUILDING THE URBAN ECONOMIC ECOSYSTEM

NATIONAL URBAN INNOVATION CAMPAIGN

2011-2012

Urban Founders The outcome the forum in each region will be the seed development of a group that orchestrates networking events, workshops and resources designed for the development of high-growth entrepreneurs. The education, training, mentoring and channeling of high-potential innovators toward deal flow in four urban founders groups is the overall goal in 2012. America 21 will provide resources as needed to bolster regional capability.

Page 23: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

A M E R I C A 2 1 P R O J E C T

THE TIMELINE America21 will partner with local organizations and serve as an information-rich national resource.

Nov. 2011 Q1 Q2

Nov. 2012 Q3 Q4

A21 Urban Innovation & Competitiveness Initiative (Kickoff National Urban Innovation Campaign in Washington D.C.)

A21 & targeted region partner establish Urban Funders & Founders groups. A21 launches

National Urban Innovation Fund & Innovation Nation online platform.

2012 2013 2014 2015

A21 & Rutgers Business School: Urban Angels & Entrepreneurs Forum.

A21 & targeted region partner establish Urban Funders & Founders groups.

A21 & targeted region partner establish Urban Funders & Founders groups.

LAUNCH Innovation Nation

GROUPS 10 Urban Angels

50 Urban Founders

GROUPS 25 Urban Angels

150 Urban Founders

GROUPS 50 Urban Angels

250 Urban Founders

Page 24: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

A M E R I C A 2 1 P R O J E C T

THE Sponsorship America21 will publish information programs on the Innovation Economy and The America21 Project vision to develop “pipeline to productivity” infrastructures in target urban regions across the nation. The programs will be used in subsequent leadership roundtable discussions.

Bronze Sponsor

Silver Sponsor

*Gold Sponsor

Listing in program Logo on screen

1/4-page display ad in program

Logo on screen

1/2-page display ad in program

Logo on screen Logo on table placements

Special Public Thanks

All sponsors receive reserved seating

*limit 4

NATIONAL URBAN INNOVATION CAMPAIGN

Page 25: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

A M E R I C A 2 1 P R O J E C T

THE

*TITLE SPONSOR In addition to receiving all of the value offered

other sponsors …

FULL page ad in program

5 mins @ podium

Sponsored by

Company name

*maximum two (2)

America21 will publish information programs on the Innovation Economy and The America21 Project vision to develop “pipeline to productivity” infrastructures in target urban regions across the nation. The programs will be used in subsequent leadership roundtable discussions.

Sponsorship NATIONAL URBAN INNOVATION CAMPAIGN

Page 26: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

A M E R I C A 2 1 P R O J E C T

THE

NATIONAL SPONSOR

Recognized at ALL campaign events

nationwide

Full inside COVER in printed program

5 mins @ podium

Company name on front of print

programs and all online pdf distribution

*maximum two (2)

Portland Detroit Bay Area Washington D.C

Sponsorship NATIONAL URBAN INNOVATION CAMPAIGN

Help support an economic renaissance that connects historically disconnected sectors to America’s 21st century Innovation Economy. Contact us today.

Page 27: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

CLICK HERE Your browser will open to a video

So many successful entrepreneur accelerators exist across the U.S. that reality TV programs are being made about them. The angel investing space exploded over the past decade despite the economic tumult. With more private capital looking for quality deal flow, an industry grew to accommodate the need. Where are the URBAN INNOVATORS?

Page 28: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

CLICK HERE Your browser will open to TheRoot.com website

Opinion by Rick C. Wade. He is senior vice president at GreenTech Automotive. He was senior adviser and deputy chief of staff to Gary Locke when he was the U.S. secretary of commerce.

“The fact is that over the last three decades, new startups by innovators and entrepreneurs -- companies less than five years old -- have accounted for nearly all newly created jobs in the private sector. The scarcity of these dynamic, fast-growing companies in black communities has contributed to some of the chronic unemployment we see today. “This is a problem that defies easy solutions. We simply can't revitalize overnight communities that have lost thousands of jobs. And new corner stores or barbershops certainly won't make up for the closing of factories. Targeted government programs help, but private-sector investment is critical for sustained community development.”

EXCERPT

Page 29: The America21 Project: Connecting Urban America to the 21st Century Innovation Economy

Contact Mike Green 541-730-2164 | http://blackinnovation.org | [email protected]

TEAM

Johnathan Holifield Chad Womack, Ph.D Mike Green

Click here for bios

STEMEDUCATION | CAPITALACCESS & INVESTMENT | HIGH-GROWTHENTREPRENEURSHIP

ABOUT The America 21 Project 21

Formerly the Black Innovation and Competitiveness Initiative

Paul Richardson Nnena Ukuku Eugene Dibble Linda Bolliger