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Date: October 3, 2017Time: 12:00 am

Time: 12:00 pm - 3:15 pm Eastern Time, weekly on Tuesdays October 3 - 24, 2017


Same course, new format! Join IEDC for its first-ever online course!

Please note: This course will be taught online via the WebEx Training Center platform. Before registering, please take a moment to ensure your system meets the minimum requirements. Registrants will receive an invitation to join the training from WebEx on Monday, October 2. You must attend all four sessions to receive credit for this course.


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» Certification
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This technical course focuses on the competitive advantage of regions and the role of economic developers and community stakeholders in building an innovation ecosystem. It is important to understand the process of technological commercialization. In this course participants will be introduced to the legal and financial framework for bringing innovation to market, including technology protection and product licensing. Learn how to partner with government, industry, higher education, and the private sector to create a highly integrated network of technology and innovation. Multiple case studies will be presented to explain the role of business incubators, accelerators, venture capital, angel networks, gap financing, and more.

 

Course Highlights:

• Forming strategic alliances and technology clusters
• Building partnerships with higher education and technology councils
• Understanding technology transfer and commercialization
• Reviewing patent, copyright, trademark, and licensing terms
• Developing incubators, accelerators, and research parks
• Developing multiple financing mechanisms for technology businesses
• Debt vs. equity financing options for entrepreneurs and small businesses
• Rural technology-led economic development strategies

 

Agenda

October 3

11:30 am - 12:00 pm

Registration and Introduction of Sessions

12:00 pm - 1:00 pm

Introduction to Technology-Led Economic Development
This session sets the context for the rest of the agenda topics. It will begin with definitions that describe the dynamics of the Global Knowledge Economy and why what we face for the future is not the same as the recent past. Questions to be discussed will include: What is technology? What is a technology company? What are the significant changes in economic dynamics that we need to take into account in economic development? What major changes does all of this imply for economic developers and for regional economic strategies?

1:00 pm - 2:00 pm

How Incubators/Accelerators can evolve into the place for all things entrepreneurial, and how the development of a regional innovation system supports the growth of technology and entrepreneurship
For several years, economic developers and universities have focused on technology transfer. We now know that the process of creating successful technology entrepreneurship and clusters is more complex. It depends upon a whole "system" of resources - all working together. Many of the pieces include connecting research institutions with communities to foster critical entrepreneurial business skills, networking and financing opportunities. There will be discussion of how the pieces work together to create the right environment in which technology companies grow and thrive.

2:00 pm - 3:00 pm

Facilitated Q&A Session

3:00 pm - 3:15 pm

Introduction of pre-recorded session
Participants will be asked to watch a pre-recorded session before October 10. Instructors will give a brief overview of the material and will ensure all attendees have received it.

 

October 10

12:00 pm - 2:00 pm

From Idea to Marketplace - Knowledge Management Processes
Technology transfer and commercialization of intellectual property is one of the most difficult things for universities do well. Some universities have "cracked the code," and others still flounder. What differentiates the successful from the others? Those that have "cracked the code," in most instances have created a regional system of resources, working in concert towards a common goal. Session will discuss how the various components can create a synergy leading to technology cluster development in which entrepreneurial companies grow and thrive.

2:00 pm - 3:00 pm

Facilitated Q&A Session

3:00 pm - 3:15 pm

Introduction of pre-recorded session
Participants will be asked to watch a pre-recorded session before October 17. Instructors will give a brief overview of the material and will ensure all attendees have received it.

 

October 17

12:00 pm - 1:00 pm

Defining Local/Regional Capacities and Industry Clusters, to Create a Tech-Led Market Strategy
Once participants and a process are defined, the next step is to assess local/regional capacities and the assets on which to base a TLED strategy. This session will review basic SWOT analysis, including economic assessment. It will address assessment of education and workforce assets and requirements. It also will describe how to analyze existing industry base and define present and targeted clusters for market strategy.

1:00 pm - 2:00 pm

Financing and Equity Options for Tech-based Businesses
There are many viable options for tech-based businesses to acquire small business development funding such as commercial banks, angel investors and SBTDC programs. This session will help practitioners better understand the diverse set of funding sources available. Also, this session will improve the practitioners understanding of what lenders and angel investors are typically looking for in a start-up venture.

2:00 pm - 3:00 pm

Facilitated Q&A Session

3:00 pm - 3:15 pm

Introduction of pre-recorded session
Participants will be asked to watch a pre-recorded session before October 24. Instructors will give a brief overview of the material and will ensure all attendees have received it.

 

October 24

12:00 pm - 2:00 pm

The Knowledge Workforce
We know that one of the hugely important factors to tech companies, when they decide where to be, is the availability of a suitably skilled local workforce. Indeed, focus on workforce strategies has become an important part of the economic developer's job. In this session, we will address how to strategize for bringing together local/regional resources (K-12, WDBs, Colleges, etc.) to be sure that your region can market its high-skilled workforce for tech companies.

2:00 pm - 3:00 pm

Facilitated Q&A Session

3:00 pm - 3:15 pm

Wrap Up

 

* Agenda subject to change

**PLEASE NOTE: In order to receive full IEDC certification credit for this course and a certificate indicating course completion, participants must attend the entire course and stay through the final session on the last day.**

 

Certification

  CEcD logo

This course meets the professional development requirements for the Certified Economic Developer (CEcD) exam. CEcDs earn recertification credits for participation.

 

Instructors

Mo Collins
Partner
Entrepreneurial Communities

Mo Collins is a New Economy specialist with more than 20 years of academic, non-profit and entrepreneurial experience. She speaks throughout the United States and Canada.

Collins served in progressive, senior-level roles at the University of Northern Iowa (UNI) between 1997 and 2014. She raised more than $1M annually to support a wide array of entrepreneur support programs and launched multiple tech-based economic development initiatives. Many of these innovations have been scaled and licensed outside of Iowa, earning personal and programmatic awards from the International Economic Development Council (2014), the University Economic Development Association (2010, 2014), the Technology Association of Iowa, the Midwest Economic Development Council and Association of Small Business Development Centers.

Since 2010, Collins has trained and published for the International Economic Development Council (IEDC), the Economic Development institute (EDI) and a number of universities through the United States and Canada. She is a top tier trainer with these organizations.

A prolific writer, Mo is a published academic and online author, writing on topics associated with technology innovation, networking and entrepreneurship ecosystems. Look for her upcoming book WE: Women Entrepreneurs, for release in spring 2017.


Carol Kraus Lauffer
Partner
Business Cluster Development

Since joining Business Cluster Development (BCD) as a Principal in 2002, Carol has helped 60 clients across the U.S. to plan and create successful strategies and programs that support entrepreneurship, create new businesses, move innovative products to market, and build strong ecosystems, resulting in economic diversification, job creation, business engagement, technology commercialization, and economic growth. Prior to joining BCD, Carol was Managing Director of Panasonic’s corporate, venture-backed incubator in Cupertino, California and a Principal in its $100 million venture fund.

Carol has more than 30 years of experience in economic development and management. As a dedicated member of the industry, Carol has served on association boards, including the International Business Innovation Association (InBIA, formerly NBIA) and the International Economic Development Council (IEDC). She held the post of Chair of the Board of Directors of InBIA in 2010-11. Carol is a course instructor for both organizations’ certification programs, and a frequent speaker on best practices for business acceleration/incubation, entrepreneurial support organizations and targeting technology clusters for economic development. In April 2015, InBIA honored Carol with the President’s Award for Lifetime Achievement, recognizing her significant contributions to the association and the industry. Carol earned a Master of City Planning from the University of Pennsylvania and a BA from Northwestern University. You can find more information on Carol and BCD at www.clusterdevelopment.com.


Robert M. Okabe
Co-founder and Managing Director
RPX Group

Robert Okabe has been involved with early stage enterprises on multiple levels for well over a decade. As a co-founder of RPX Group in 2002, he helped develop the firm's strategy and has led many of our largest and most successful engagements.

Bob's first direct involvement with formation and development of new ventures was as an angel investor. He has made eleven investments since 1995, with one major liquidity event and two other positive returns of capital. He is also a co-founder of an angel group and helped organize an affiliated angel capital fund.

Prior to joining RPX Group Bob gained operating experience at a growing small business as CFO for a privately-held leasing company. At the end of his tenure 23 of the 50 employees were under his management.

He completed numerous debt, equity, M&A, and advisory assignments for entrepreneurial and venture backed companies during his twelve year career as an investment banker at BancAmerica Robertson Stephens (Managing Director), Lehman Brothers (Senior Vice President), and Kidder, Peabody (Vice President).

Bob began his business career spending nearly six years in financial management at General Electric and GE Capital. After leaving GE, Bob was a senior bond rating analyst for Moodys Investors Service for two years.

Bob Okabe was awarded his Bachelor of Science in Finance and Organizational Behavior, cum laude, from the Boston University School of Management. He has been a guest speaker at the University of Chicago Graduate School of Business, Kellogg School of Management at Northwestern University, and internationally for the Organisation for Economic Cooperation and Development.

 

Certification

  CEcD logo

This course meets the professional development requirements for the Certified Economic Developer (CEcD) exam. CEcDs earn recertification credits for participation.

 

Registration

 

By Sept 1

Sept 2-22

*After Sept 22

IEDC Member

$490

$630

$650

Non-member

$640

$780

$800

Full Time Student**

$105

$125

$145


*Registration will be cut off at 12:00 pm Eastern Time on Monday, Oct 2. Full payment must be made prior to the start of the course.

** Copy of current transcript required.

 
  Credit Card

Individual paying by credit card: Click this button if you are registering as an individual IEDC member or nonmember and paying by credit card.


Refunds less a $60 cancellation fee will be issued for all cancellations received in writing to fax: (202) 223-4745 or email: prodev@iedconline.org at least 10 business days prior to the course - please allow 3-4 weeks. All registrations regardless of payment status are subject to the $60 cancellation fee. No refunds or credit transfers to a future course will be issued for cancellations received within 10 business days of the course. Telephone cancellations are not accepted. Attendee substitutions for a course may be made at any time prior to the course.