Invention 2 Venture: Dr. Kenji Uchino

698 views
638 views

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
698
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Invention 2 Venture: Dr. Kenji Uchino

  1. 1. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  2. 2. Dekker/CRC (2003) from CRC Press (2009)
  3. 3. This Book Chapter MBA Course Curriculum Chapter 1 Industrial Evolution Entrepreneurship Chapter 2 Best Selling Devices N/A Chapter 3 Corporation Startup Entrepreneurship Chapter 4 Business Plan Strategic Management; Entrepreneurship Chapter 5 Corporate Capital and Funds Entrepreneurship Chapter 6 Corporate Operation Management Accounting; Financial Management Managerial Economics; Investment Analysis Chapter 7 Quantitative Business Analysis Quantitative Business Analysis Chapter 8 Marketing Strategy Marketing Management Chapter 9 Intellectual Properties N/A Chapter 10 Human Resources Human Resource Management Chapter 11 Business Strategy Strategic Management; Policy Analysis Chapter 12 Corporate Ethics Business and Society; Ethics in Management Chapter 13 Now Your Turn Perspectives on Management; Managerial Communications
  4. 4. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  5. 5. Stock (Equity): •  You do not need to pay back the initial investment amount •  You need to pay the stock dividend with the effective annual return rate around 10-12%, higher than the interest rate of loan. •  The dividend distribution may not start in the first 5 -7 years after the startup. Loan (Debt): •  You must pay back the total amount of the principal and the interest by the end of the loan period. •  The interest rate is usually lower than the stock return rate, typically 5 – 10%. •  A short-term loan (less than one year) has a lower interest rate than a long-term loan (3-5 years).
  6. 6. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  7. 7. Eligibility of Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs: Small Business = (1) with 500 or fewer employees, and (2) with annual revenue under $5,000,000
  8. 8. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  9. 9. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  10. 10. 2.1. Stock vs Loan 2.2 Partnership 2.3 Venture Capital/Angel Money 2.4 Bank
  11. 11. SBIR Criteria (Important 5): 1.  500 or fewer employees, 2.  annual revenue under $5,000,000. 3.  Is independently owned and operated, not dominant in the field of operation in which it is proposing, has a place of businesses in the United States and operates primarily within the United States or makes a significant contribution to the US economy, and is organized for profit.
  12. 12. 1.  Cover page, including the submitter's information. 2.  Executive summary, including the most attractive picture or figure of your proposed product. 3.  Background, including the market trends, how much your company can expect for the revenue based on this investment. 4.  Literature survey, sub-sectioned into several number of the previous studies, with a final summary table in terms of merit/ demerit of each previous design. 5.  Your proposed design: Explicitly mention your targeted specs, and how your design overcomes the previous problems. 6.  Approach and Milestone: Detailed discussion, including the time and money (related with the budget calculation). 7.  Others, which include patent application, future manufacturing plan 8.  References, Principal Investigator's capability (bio) and facility introduction 9.  Budget summary 10. Appendix, including the support letter from the partners.
  13. 13.   CENTRE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION www.centrecountyidc.org   PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY www.pidc-pa.org/svc-fina-loanprog-h.asp? itemid=1
  14. 14. CENTRE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION Eligible Activities   Acquisition of land & buildings   New construction or rehabilitation   Leasehold Improvements   Machinery & Equipment   Working Capital   To acquire inventory or wages of new employees
  15. 15. CENTRE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION Revolving Loan Fund •  Create
or
retain
one
new
job
for
every
 $50,000
in
loan
proceeds.
 •  Reten;on
projects
are
compe;;ve
 –  Financial
stability
 –  175%
of
minimum
wage

  16. 16. PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY Eligibility   Manufacturing   Industrial   Research & Development   Agricultural Processor   Firms establishing a national or regional headquarters   Computer/clerical operation centers
  17. 17. PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY LOW INTEREST FINANCING THROUGH INDUSTRIAL DEVELOPMENT CORPORATIONS FOR LAND AND BUILDING ACQUISITION, CONSTRUCTION, OR RENOVATION RESULTING IN THE CREATION OR RETENTION OF JOBS •  Land
and
building
acquisi;on
 •  Building
construc;on
and
renova;on
 •  Industrial
Park
Development
 •  Mul;‐tenant
spec
building
construc;on,
 acquisi;on
and
renova;on

  18. 18. END Thank you!

×