Remarks to TechStarsPatriot Boot Camp

@Aneeshchopra

www.facebook.com/apchopra

Source: DARPA, Local Motors; http://www.coroflot.com/victorgarcia/DARPA-XC2V-FLYPMODE-Concept/10

An Economy That’s Built to LastDARPA “Crowd-Derived” Combat Support Vehicle Pilot DeliversDARPA “Crowd-Derived” Combat Support Vehicle Pilot Delivers

DARPA taps Local Motors to design a support vehicle; 159 entries produced within two months by tapping growing

network of 20,000 designers, including Victor Garcia – an

immigrant

Winner - “Flypmode” built in four months, presented to the President at “Advanced

Manufacturing Partnership” Launch – June 24th, 2011

New Firms at the Heart of a Growing Economy“Crowdfunding” a (Potential) Game Changer for the Region“Crowdfunding” a (Potential) Game Changer for the Region

Fred Wilson estimates $300BN market if

Americans allocate 1% of their investment portfolio

to startups; total VC market ~$30BN

Fred Wilson estimates $300BN market if

Americans allocate 1% of their investment portfolio

to startups; total VC market ~$30BN

Compared to other benchmark states, VA had

the 2nd lowest level of entrepreneurs per capita in

2005

Compared to other benchmark states, VA had

the 2nd lowest level of entrepreneurs per capita in

2005

Invest in the Building Blocks of American Innovation• Educate Americans with 21st century skills and create a world-class workforce• Strengthen and broaden American leadership in fundamental research• Build a leading physical infrastructure• Develop an advanced information technology ecosystem

Catalyze Breakthroughs for National Priorities

• Unleash a clean energy revolution• Accelerate biotechnology,nanotechnology, and advanced manufacturing• Develop breakthroughs in space applications• Drive breakthroughs in health care technology• Create a quantum leap in educational technologies

Promote Market-Based Innovation• Accelerate business innovation with

the R&E tax credit• Promote investments in ingenuity

through effective intellectual property policy

• Encourage high-growth and innovation-based entrepreneurship

• Promote innovative, open, and competitive markets

Source: http://www.whitehouse.gov/innovation/

President’s Strategy for American InnovationTech Role in Securing Our Economic Growth and ProsperityTech Role in Securing Our Economic Growth and Prosperity

Wireless Innovation & Infrastructure

Initiative (“Wi3”)

Wireless Innovation & Infrastructure

Initiative (“Wi3”)

Patent Reform; Internet Policy

Principles

Patent Reform; Internet Policy

Principles

Open Innovator’s Toolkit~Open Data

~Acting as Impatient Convener~Prizes & Challenges

~Celebrating Entrepreneurship

Open Innovator’s Toolkit~Open Data

~Acting as Impatient Convener~Prizes & Challenges

~Celebrating Entrepreneurship

Opportunity #1: Focus on the “ET” in STEMModeling & Simulation “Flexbook” v. 0.9 ReleasedModeling & Simulation “Flexbook” v. 0.9 Released

Goal: NASA + 19 volunteer

teachers offer timely, vetted, state-of-the-practice

informationand lesson plans on M&S;

now part of sciences SOL in 2012

Goal: NASA + 19 volunteer

teachers offer timely, vetted, state-of-the-practice

informationand lesson plans on M&S;

now part of sciences SOL in 2012

Source: www.nrd.gov; www.herojobs.org

Skills Translation Critical for Service TransitionAn Open Collaboration to Help Increase Veteran EmploymentAn Open Collaboration to Help Increase Veteran Employment

VeteransJobBank “Apps for Heroes”

Twilio developer Tony Webster builds an app in 2 hours – earns an invite to “Apps for Heroes” celebration with Dr.

Biden

New tool launched to ensure job listings find veterans; currently

accesses 800K+ “tagged” listings courtesy of 750+ employers and 33+

“tagging” partners

New tool launched to ensure job listings find veterans; currently

accesses 800K+ “tagged” listings courtesy of 750+ employers and 33+

“tagging” partners

Behavioral Segmentation Blacksburg Retained High-Growth Lujure Despite “Poaching” EffortBlacksburg Retained High-Growth Lujure Despite “Poaching” Effort

Austin-based VC offered term sheet but req’d HQ move; web platforms improved

discovery – Lujure registered with AngelList; chose to raise $500K from

Dave Cohen, Dave McClure, other luminaries

Austin-based VC offered term sheet but req’d HQ move; web platforms improved

discovery – Lujure registered with AngelList; chose to raise $500K from

Dave Cohen, Dave McClure, other luminaries

Nathan Latka built firm in dorm room;

serves 62,500+ customers, is profitable and

expanding to 25 FTEs in 2012

Nathan Latka built firm in dorm room;

serves 62,500+ customers, is profitable and

expanding to 25 FTEs in 2012

Opportunity #2: Launch “Crowdfunding”

Startups Growing Through Challenges

Startup America Partnership

Public and Private Sector Sponsorship Spurs EntrepreneurshipPublic and Private Sector Sponsorship Spurs Entrepreneurship

Data Design Diabetes Challenge

Sanofi awards prize to recent MIT grads; they raise $1.7M, hire

7 FTEs for passive

monitoring

Sanofi awards prize to recent MIT grads; they raise $1.7M, hire

7 FTEs for passive

monitoring

Tapping into the expertise of student teams to pose policy “business

plans” that might lead to jobs and industries of the future

Tapping into the expertise of student teams to pose policy “business

plans” that might lead to jobs and industries of the future

Opportunity #3: Startups with a Purpose$1+BN Growth Markets in Energy Efficiency, Value-Based Health $1+BN Growth Markets in Energy Efficiency, Value-Based Health

Service offers real-time building

energy efficiency benchmarking; 1M bldg owners will

have “Green Button” in 2012

Service offers real-time building

energy efficiency benchmarking; 1M bldg owners will

have “Green Button” in 2012

Download Apps

Screening & “Voting”

Development

User as screener of innovation from vibrant development

community

Military apps store

Translator

TIGR

i-Target Net

wo

rked

Lo

ose

ly N

etw

ork

ed “Sta

nd

alo

ne”

In the Field

Affordable handhelds & apps on a secure network

Pervasive across all ranks

Adaptive. Resilient. ‘Crowd’ sourced innovation in

development & use.

Strategic surprise on the fly.

3rd Brigade equipped Fall 2011 with “hardened” android devices on secure networks accessing a

dozen apps from maps to field reporting

Serving Warfighters with “Transformative Apps”Hardens Commercial Tools to Support Military MarketHardens Commercial Tools to Support Military Market

Early Days in the Warfighter “App Store”Several Apps Available on Commercial NetworksSeveral Apps Available on Commercial Networks

"I just am glad someone is listening and to know I'm not

alone."

“Where can I find food & water?”

"I see people trapped under a building and they are alive at this location! Send Help!"

#4:“Startup” 911 Center a Model for ACN

Source: Katie Stanton

Open Collaboration in a CrisisPlatforms Link “Listeners” to “Helpers” Serving Haitians in NeedPlatforms Link “Listeners” to “Helpers” Serving Haitians in Need