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Presentation to Town of Markham November, 2011 Jeremy S. Laurin President & CEO ventureLAB is a member of

Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

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Page 1: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

Pre

senta

tion t

o T

ow

n o

f M

ark

ham

Novem

ber,

2011

Je

rem

y S

. L

au

rin

Pre

sid

ent

& C

EO

ve

ntu

reLA

B is

a m

em

ber o

f

Page 2: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ON

E is h

ere

for

you

Th

e O

nta

rio

Ne

two

rk o

f E

xce

llen

ce

(O

NE

) is

a c

olla

bo

rative

ne

two

rk o

f o

rga

niz

atio

ns

acro

ss O

nta

rio

, d

esig

ne

d to

he

lp y

ou

co

mm

erc

ializ

e y

ou

r id

ea

s.

Wh

eth

er

yo

ur

are

an

in

no

va

tor,

a te

ch

no

log

y-

ba

se

d b

usin

ess, e

ntr

ep

ren

eu

r, o

r re

se

arc

her,

ON

E w

ill c

on

ne

ct yo

u w

ith

se

rvic

es a

nd

pro

gra

ms to

he

lp y

ou

in

no

va

te a

nd

ga

in a

co

mp

etitive

ad

va

nta

ge

.

Page 3: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

Wh

at is

ve

ntu

reLA

B?

ventu

reLA

Bis

the R

egio

nal In

novation C

entr

e f

or

York

Regio

n a

nd a

mem

ber

of th

e O

nta

rio

Netw

ork

of E

xce

llen

ce.

ventu

reLA

Badvis

es a

nd d

evelo

ps t

ale

nte

d

en

trepre

neurs

to b

uild

world

-cla

ss g

row

th

co

mp

an

ies in O

nta

rio.

Page 4: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ve

ntu

reLA

B is

a m

em

ber o

f

On

tari

o N

etw

ork

of E

xce

llence (

ON

E)

Page 5: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ven

ture

LAB

Mis

sio

n S

tate

me

nt

ve

ntu

reLA

B is

a m

em

ber o

f

To b

e th

e le

adin

g R

egio

nal

Inn

ova

tio

n C

entr

e in

No

rth

Am

eri

ca a

s m

easu

red

by

the

eco

no

mic

imp

act

of

sup

po

rt p

rogr

ams

and

ser

vice

s th

at t

arge

t te

chn

olo

gy b

ased

en

trep

ren

eu

rs s

tart

ing

and

gro

win

g gl

ob

al e

nte

rpri

ses.

Page 6: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ven

ture

LAB

Vis

ion

Sta

tem

en

t

ve

ntu

reLA

B is

a m

em

ber o

f

Ou

r m

issi

on

will

be

real

ized

th

rou

gh o

ur

BU

ILD

pro

gram

fra

mew

ork

w

hic

h h

elp

s te

chn

olo

gy e

ntr

epre

ne

urs

Beg

in, E

dU

cate

, In

vest

, La

un

ch a

nd

Exp

anD

glo

bal

en

terp

rise

s. B

UIL

D’s

su

cces

s w

ill b

e m

easu

red

th

rou

gh m

ean

ingf

ul j

ob

cre

atio

n, s

ales

exp

ansi

on

, an

d

oth

er k

ey m

etri

cs e

ssen

tial

to

be

the

lead

ing

Reg

ion

al In

no

vati

on

C

en

tre

in N

ort

h A

me

rica

. Th

rou

gh v

entu

reLA

B, Y

ork

Reg

ion

will

be

reco

gniz

ed a

s a

glo

bal

lead

er in

th

e IC

T an

d L

ife

Scie

nce

s se

cto

rs a

nd

a

hu

b f

or

mu

ltin

atio

nal

en

terp

rise

s th

at v

alu

e lo

cati

ng

in a

vib

ran

t an

d r

ob

ust

co

mm

un

ity

of

tech

no

logy

ori

ente

d e

ntr

epre

ne

urs

wit

h a

se

con

d-t

o-n

on

e in

fras

tru

ctu

re a

nd

su

pp

ort

sys

tem

.

Page 7: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ven

ture

LAB

20

12

Str

ate

gic

Pri

ori

tie

s ve

ntu

reLA

B is

a m

em

ber o

f

Stra

tegi

c P

rio

rity

1: I

mp

lem

en

t th

e v

en

ture

LAB

B-U

-I-L

-Dp

rogr

amve

ntu

reLA

B h

as c

reat

ed a

su

ite

of

pro

gram

s, b

oo

t ca

mp

s an

d r

elev

ant

ou

tco

mes

all

tied

to

th

e co

nce

pt

of

bu

ildin

g en

terp

rise

cap

acit

y SM

E’s

wit

hin

Yo

rk R

egio

n t

o

bec

om

e a

bes

t in

cla

ss R

egio

nal

Inn

ova

tio

n C

entr

e.

Stra

tegi

c P

rio

rity

2: B

uild

th

e M

arkh

am C

on

verg

en

ce C

en

tre

Ho

t H

ou

seSi

nce

op

enin

g o

f th

e M

arkh

am C

on

verg

ence

Cen

tre

(MC

C)

in N

ove

mb

er 2

01

0 a

ll p

illar

ten

ants

hav

e fo

rged

str

on

g w

ork

ing

rela

tio

nsh

ips

bu

ilt o

n t

he

spir

it o

f co

llab

ora

tio

n a

nd

sh

are

a vi

sio

n f

or

crea

tin

g a

Ho

t H

ou

se f

or

star

tin

g ta

len

ted

m

edic

al d

evic

e co

mp

anie

s in

Mar

kham

.

Stra

tegi

c P

rio

rity

3: B

uild

a C

apit

al P

rocu

rem

en

t M

od

el f

or

the

MC

C H

ot

Ho

use

Wo

rkin

g fi

rst

wit

h IB

M a

nd

th

e th

ree

regi

on

al h

osp

ital

s (M

arkh

am S

tou

ffvi

lle

Ho

spit

al, Y

ork

Cen

tral

Ho

spit

al a

nd

So

uth

lake

Reg

ion

al H

ealt

h C

entr

e)

ven

ture

LAB

will

bu

ild a

su

cces

sfu

l cap

ital

pro

cure

men

t m

eth

od

olo

gy fo

r se

edin

g th

e co

mm

erci

aliz

atio

n o

utc

om

es f

rom

th

e M

CC

Ho

t H

ou

se a

nd

fro

m e

xist

ing

vL

SME’

s to

bu

ild t

he

firs

t su

cces

sfu

l hea

lth

care

dir

ecte

d p

rocu

rem

ent

syst

em f

rom

a

pro

vin

cial

incu

bat

or.

Page 8: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ve

ntu

reLA

BC

ore

Org

an

iza

tio

n

Pre

sid

en

t/C

EO

Je

rem

y L

au

rin

Fin

an

cia

l

Co

ord

ina

tor

Te

resa

Cho

w

Bu

ild

ing

an

d

Te

nan

t

Co

ord

ina

tor

Mih

ai C

om

an

Ad

min

istr

ati

ve

Co

ord

ina

tor

Me

lissa

We

eks

Co

mm

un

ica

tio

ns a

nd

Ev

en

ts P

rog

ram

min

g

Ma

nag

er

Brig

itte

Sh

arp

e

Co

mp

eti

tiv

e B

usin

es

s

Inte

llig

en

ce

Ma

ryna

Ba

ku

nts

eva

(Se

ne

ca

)

Pe

ter

Pe

ko

s -

Ch

air

12

Directo

rs

Co

mm

un

ity

Netw

ork

Rela

tio

ns

Co

ord

ina

tor

Sh

aw

na M

att

he

ws

ve

ntu

reL

AB

Bo

ard

Clie

nt

Se

rvic

es

Ma

nag

er

Pa

ul R

ive

ttl

Op

era

tio

ns

Ma

nag

er

Ja

ne

t E

lwo

od

Page 9: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

Additio

nal ventu

reLA

BR

esourc

es

8

Exe

cutive

s in R

esid

ence

(E

IR) –

Sen

ior

advis

ors

th

at bring a

ran

ge o

f in

dustr

y a

nd s

ecto

r experience

16 M

ento

rs/C

oaches -

support

used in a

dditio

n t

o

EIR

pro

gra

m

O

nta

rio

Cen

tre

s o

f E

xce

llen

ce –

Ind

ustr

y A

ca

de

mic

C

olla

bora

tion P

rogra

m (

IAC

P)

M

aR

S -

Busin

ess A

ccele

ration P

rogra

m (

BA

P)

P

rofe

ssio

nal S

erv

ice N

etw

ork

–lis

t of la

wyers

(IP

, b

usin

ess issu

es e

tc.,

SR

&E

D t

ax s

pecia

lists

, a

ccounta

nts

etc

.)

P

eer

to P

eer

Meeting –

Executive m

ee

tings r

un b

y

pe

ers

for

peers

.

Page 10: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ve

ntu

reLA

BO

rga

niz

atio

n:

Ecosyste

mP

res

ide

nt/

CE

O

Je

rem

y L

au

rin

Op

era

tio

ns

Man

ag

er

Janet E

lwood

Fin

an

cia

l

Co

ord

inato

r

Tere

sa C

how

Bu

ild

ing

an

d

Ten

an

t

Co

ord

inato

r

Mih

ai C

om

an

Ad

min

istr

ati

ve

Co

ord

inato

r

Melis

sa W

eeks

Co

mm

un

icati

on

s a

nd

Even

ts

Pro

gra

mm

ing

Man

ag

er

Brigitte

Sharp

e

Pe

ter

Pe

ko

s -

Cha

ir

12

Directo

rs

Co

mm

un

ity N

etw

ork

Rela

tio

ns C

oo

rdin

ato

r

Shaw

na M

atthew

s

ve

ntu

reL

AB

Bo

ard

On

tari

o C

en

tre o

f

Excellen

ce

IAC

P

Balin

der

Rai

Jose C

osta

8

Execu

tive in

Resid

en

ce (

EIR

)

Clien

t S

erv

ice

Man

ag

er

Paul R

ivett

Co

mp

eti

tive

Bu

sin

ess

Inte

llig

en

ce

Mary

na B

akunts

eva

(Seneca)

16

Men

tors

/ C

oach

es

Page 11: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

Bu

ildin

gEn

terp

rise

Cap

acit

yve

ntu

reLA

B p

rovi

des

pro

ven

bu

sin

ess

acce

lera

tio

n

too

ls, e

du

cati

on

, an

d s

ervi

ces.

Its

pu

rpo

se is

to

co

mm

erci

aliz

e in

no

vati

on

an

d t

o c

on

trib

ute

to

th

e re

gio

n’s

eco

no

mic

gro

wth

; to

bu

ild a

nd

mai

nta

in

stro

ng

rela

tio

nsh

ips

amo

ng

a va

riet

y o

f st

akeh

old

ers

incl

ud

ing

the

9 m

un

icip

alit

ies,

h

osp

ital

s, a

cad

emic

inst

itu

tio

ns

and

ind

ust

ry.

Soci

al

Inn

ova

tio

n

BU

ILD

P

rogr

am

EIR

s an

d

Me

nto

rs

Ente

rpri

se C

apac

ity

Eco

syst

em

Alu

mn

i

Spo

nso

rsh

ip

Pe

er

to

Pe

er

Vo

lun

tee

rs

Serv

ice

P

rovi

de

r N

etw

ork

s

Tech

no

logy

, In

no

vati

on

&

Res

ear

ch

Pu

blic

Se

cto

r

Page 12: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

What is

ventu

reLA

BB

UIL

D

BU

ILD

is a

su

ite

of b

oo

t ca

mp

s d

elv

ing

into

ea

ch le

vel o

f

bu

sin

ess r

equirem

ent

from

pre

-revenue t

o

inte

rna

tionaliz

ing.

Each s

essio

n w

ill e

mpow

er

part

icip

ant

com

pa

nie

s t

o e

nhance t

heir e

ntr

epre

neurs

hip

capacity

whic

h w

ill u

ltim

ate

ly incre

ase t

he

ir b

ott

om

lin

e

BU

ILD

work

s in c

onju

nction w

ith o

ur

EIR

/Me

nto

r P

rogra

m

BEG

IN

E

DU

CA

TE

IN

VES

T

L

AU

NC

HEX

PAN

D

Page 13: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

TH

E F

IVE

PIL

LA

RS

OF

BU

ILD

BEG

IN

EDU

CA

TE

INV

EST

LAU

NC

H

EXPA

ND

A

n e

ntr

epre

neu

r h

as a

n id

ea –

wh

at d

o y

ou

do

wit

h it

–w

her

e d

o y

ou

go

? H

ow

do

yo

u d

ecid

e if

it is

a v

iab

le

bu

sin

ess

idea

?

Th

e en

trep

ren

eur

lear

ns

the

com

po

nen

ts n

eces

sary

to

b

uild

a s

ucc

essf

ul c

om

pan

y.

Th

e en

trep

ren

eur

is c

oac

hed

on

pre

par

ing

a su

cces

sfu

l p

itch

to

an

gels

an

d o

ther

fin

anci

al in

stit

uti

on

s.

C

reat

ing

net

wo

rks,

sal

es, c

on

nec

tin

g th

e d

ots

in t

he

bu

sin

ess

wo

rld

.

B

road

enin

g th

e co

mp

any’

s cu

rren

t m

arke

t, n

atio

nal

ly o

r gl

ob

ally

.

Page 14: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

-B

UIL

DEn

terp

rise

Cap

acit

y

INV

EST

Bo

ot

cam

ps

P

itch

+

Val

uat

ion

Ex

its/

Liq

uid

ity

(go

ing

pu

blic

)

EXPA

ND

Bo

ot

cam

ps

Lau

nch

ing

You

r B

usi

nes

s G

lob

ally

(Yo

rk R

egio

n/

FITT

/ven

ture

LAB

)

Intr

o t

o G

lob

al

Do

min

atio

n

Targ

etin

g th

e R

igh

t M

arke

ts

Bu

ildin

g G

lob

al S

ales

St

rate

gies

Es

tab

lish

ing

an

Inte

rnat

ion

al F

oo

tpri

nt

Fi

nan

cin

g Yo

ur

Glo

bal

O

per

atio

ns

H

itti

ng

the

Gro

un

d

Ru

nn

ing

BEG

INB

oo

t ca

mp

s

Fro

m C

on

cep

t to

C

om

mer

cial

izat

ion

-B

egin

Yo

ur

Bu

sin

ess

(4 S

essi

on

s)

H

BV

C –

Team

Fo

rmat

ion

(1

)

HB

VC

–Ed

uca

tio

nal

Se

min

ar (2

)

You

ng

Entr

epre

neu

rs in

A

ctio

n (t

ou

r &

p

rese

nta

tio

ns)

EDU

CA

TEB

oo

t ca

mp

s

Intr

od

uct

ion

& T

akin

g Yo

ur

Ente

rpri

se t

o t

he

Nex

t Le

vel

B

usi

nes

s P

lan

s

Bu

ildin

g th

e Te

am

Sale

s &

Mar

keti

ng

P

rod

uct

Str

ateg

y

Inte

llect

ual

Pro

per

ty

Lega

l, A

cco

un

tin

g &

Ban

kin

g

Hu

man

Res

ou

rces

(R

ecr

uit

ing

CEO

s)

Go

vern

me

nt

Fun

din

g

SR&

ED

• Fr

om

Co

nce

pt

toC

om

mer

cial

izat

ion

Sho

wca

se•

HB

VC

Sh

ow

case

• Yo

un

g E

ntr

epre

neu

rsP

rogr

am

• B

usi

nes

s P

lan

Co

mp

etit

ion

• Yo

rk/A

nge

l Net

wo

rks

• M

on

ey C

has

e•

Co

-In

vest

men

t Su

mm

it•

Can

adia

n In

no

vati

on

Exc

han

ge (

CIX

)•

OC

E D

isco

very

• ve

ntu

reLA

B E

xcel

lera

tor

• V

irtu

al E

xcel

lera

tor

• O

nta

rio

-on

-a-C

hip

BEG

IN

E

DU

CA

TE

IN

VES

T

L

AU

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Page 15: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ventu

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BF

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Page 16: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

BU

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Page 17: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

In

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Page 18: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

ventu

reLA

BF

undin

gF

iscal 2011

M

inis

try o

f E

co

nom

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$56

0,0

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$375,0

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$ 65,0

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Page 19: Presentation to Town of Markham November, 2011 · 2011-11-23 · Money Chase Workshop 1A April 26th 2011 4/26/2011 5 12 Money Chase Workshop 1B May 2nd 2011 5/2/2011 8 13 Money Chase

Th

an

k y

ou

ventu

reLA

B is

a m

em

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of

Jere

my L

aurin

Pre

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