How The Health-Tech Corridor Can Help Your Startup Grow: Info-Session & Happy Hour

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Transcript of How The Health-Tech Corridor Can Help Your Startup Grow: Info-Session & Happy Hour

How The Health-Tech Corridor Can Help Your Startup

Grow: Info-Session & Happy

HourOctober 19, 2016

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Our MissionJumpStart

unlocks the full potential of diverse and ambitious

entrepreneurs to economically

transform entire communities.

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Today’s Speakers

Project ManagerHealth Tech Corridor

Michael LalichSenior Partner,

InvestingJumpStart Inc.

Rem HarrisCEO-In-Residence

BioEnterprise

William Fuller

Michael Lalich, Project Manager

A destination for health-tech companies to begin & grow.

A destination for health-tech companies to begin & grow.

Why?

Four health-care and clinical research institutions.

Four higher education institutions.

Well over a dozen incubators, accelerators, lab & maker spaces.

The RTA HealthLine.

100 gig fiber.

50k+ stud

ents

80k+ med

ical

& te

chni

cal p

erso

nnel

Entr

epre

neur

Sup

port

N

etw

ork

inve

stm

ent &

at

trac

tion

fund

$100-300k$1B marketExit potential

180+ high

- & h

ealth

-tech

com

pani

es

500k+ sf new

/reno

vate

d of

fice

spac

e

$4B+ real

est

ate

inve

stm

ent

Com

mun

ity B

uild

ing

Plac

emak

ing

Michael Lalich, Project Manager

mlalich@healthtechcorridor.com

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The HTC Fund

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Portfolio Companies

Capital Deployed

Revenue Generated

Jobs Created Retained Induced

Investment Returns

Why We InvestJumpStart was founded to

make early-stage investments in tech startups in growing industries in order to evolve

the economy in NEO by replacing jobs that have been

in decline.

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$33.2M

$539M

4,740

$12.3M

Follow-On Capital Raised

$702M

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$10M seed capital fund $10M seed capital

fund$20M investment

fund

75Evergreen Fund Investment Criteria• Experienced leadership team

• Sustainable competitive advantage

• Large ($1B) addressable market

• Capital efficient business models

• Software applications for business, healthcare and medical technologies

• Exit potential

Evergreen Fund

$8M

HTC Fund

$2M

Why the Health-Tech Corridor if you’re a life science company?William Fuller, CEO-in-ResidenceBioEnterprise

Cleveland’s Advantage

World-renown clinical and research institutions

Top-ranked hospitals Top 15 in biomedical engineering

Large and rapidly growing biomedical industry

> 700 biomedical companies > 20,000 industry professionals $285 million in NIH funding

(2015) > $2 billion raised by NEO

biomedical companies since 2003

Local Infrastructure

With more than 700 bioscience companies in NE Ohio you are covered from design to legal Product design & development (Smart

Shape, NS) Testing (ORL, NAMSA) Clinical Research Organizations Manufacturing (Astro, Valtronic, Parker) Regulatory support Legal and Financial

Talent Pool & Cost of Living

Educational Institutions and Workforce Northeast Ohio is home to 25 universities 18,000 graduates in biosciences from area

universities

Cost of Living Forbes ranked

Cleveland No. 7 – highest income when adjusted for cost of living (Nov. 2015)

As high as 20% below national average

State and Local Government Programs

BioEnterprise can help navigate your company through the various programsOhio Third Frontier – Research and Development Funding $2.3 billion initiative available to fund technology

developmentJobsOhio – Business Attraction Funding Tax Incentives Workforce training funding Construction and equipment low-interest loansCounty and Municipality Job creation and site buildout/development incentives

Investor Network

Northeast Ohio has a vast network of investors covering the spectrum of early to late stage funding 6 seed funds 6 Angel funds and networks

27 Ohio-based investment funds

88 national investors in Cleveland companies

BioEnterprise

We provide Access to bioscience venture capital,

private equity and grant funding opportunities

Experienced bioscience management guidance

Relationships with world-class research and clinical institutions

A network of technical services, equipment, professional service providers, and flexible development space

Strategic marketing and communications guidance

Assisted 350+ companies>$2B in Venture Capital Funding540+ Tech Transfer Deals

www.healthtechcorridor.com/ www.bioenterprise.com/

Thank YouPlease return your surveys to the registration table

www.jumpstartinc.org