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Challenges and Barriers for SmallChallenges and Barriers for Small
Business Success
Daryush ILA, March 2012
Challenges & Barriers for Small Business Success – D. ILA 2012
dila@uncfsu.edu, (910)672-2417
Successful small businessesSuccessful small businesses
development model
From creation of ideas
To the global competitiveness.
“A simple five phase process”p f p p
A four- to eight-year processA four to eight year process
(All grants are 3y 5y some 5y to 10 Y)
Challenges & Barriers for Small Business Success – D. ILA 2012
(All grants are 3y-5y, some 5y to 10 Y)
“A simple five phase process”
Grow the economy and impact global
competitiveness of the nascent US high techcompetitiveness of the nascent US high-tech
small businesses
byby
nurturing disruptive ideas and disruptive
technologies to the point oftechnologies to the point of
commercialization.
Challenges & Barriers for Small Business Success – D. ILA 2012
Success of the modelf
“simplicity of the process”
Lessons learned, inputs:
Innovative Research Programs
Small business storiesSmall business stories
Other programs existing programs,
e g Stimulate Competition and so one.g. Stimulate Competition and so on.
Challenges & Barriers for Small Business Success – D. ILA 2012
Process
Add-on to the existing Innovative Researchg
Programs (Phases I and II)
1. Phase zero (Realization of idea),
2. Existing Phase Ig
3. Existing Phase II
4. Phase III (Commercialization)( )
5. Phase IV (A for global Competitiveness)
Challenges & Barriers for Small Business Success – D. ILA 2012
Model
Conception,
Formulation, &
Team building
2Y
ncept
2Y
oofofCon
1Y
Pro
Id I II III IV
Challenges & Barriers for Small Business Success – D. ILA 2012
Idea I II III IV
Conception,
Phase 0
p ,
Formulation,
& Team
building
P f f
50%
Proof of
Concept
Phase I
30%
Realization
C i li ti
Phase II
Phase III
15%
Commercialization
Maturity and Graduation/GlobalPh IV
Phase III
Maturity and Graduation/Global
Competitiveness
Phase IV
>5% or Five out of 100 phase 0
Challenges & Barriers for Small Business Success – D. ILA 2012
Micro-Grant
Phase 0 Coaching
Micro-Grant
1k to 10k
Univ. based
JUIRP
Coaching and Matchmaking
Business TrainingJUIRP
25k-75k
JIURP
Phase I
Mini-Grant
Ph II
Business Training
Matchmaking and Coaching
JIURP,
75k-300k
Industry investment
Phase II
Mini-Grant
Phase III
Business Training
Business, Finance, IP, &Industry investment
300k-1M
Industry/State & Fed. Partnership/Phase IV
Phase III
Grant
Marketing Training
Industry/State & Fed. Partnership/
private investors (Public/Private)
(Marketing, international trade,
IP and ……. Mentoring)
Phase IV
Jumbo Grant/G-Loan
Challenges & Barriers for Small Business Success – D. ILA 2012
Closing statementClosing statement
Support:
Creation Nurturing and CommercializationCreation, Nurturing and Commercialization
of disruptive ideas & technologies in natural steps of a ladder for scale up
production and favors winners in the race for global leadership in high-
technology.
Impact:
The final cost of the product is tremendously
reducedreduced.
The small business bankruptcy avoided,
SB may then owe the government the cost of the scale up. Rather
than go bankruptthan go bankrupt.
US born high-tech ideas retained,
Rather than risking a loss of the commercialization race to foreign
countries’ subsidies or ownership
Challenges & Barriers for Small Business Success – D. ILA 2012
countries subsidies or ownership.
Thank you.
Daryush ILA PhDDaryush ILA, PhD
Associate Vice Chancellor for
ResearchResearch
FSU
dila@uncfsu.edudila@uncfsu.edu
910-672-2417
Challenges & Barriers for Small Business Success – D. ILA 2012

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ACME - ILA 3-1-2012

  • 1. Challenges and Barriers for SmallChallenges and Barriers for Small Business Success Daryush ILA, March 2012 Challenges & Barriers for Small Business Success – D. ILA 2012 dila@uncfsu.edu, (910)672-2417
  • 2. Successful small businessesSuccessful small businesses development model From creation of ideas To the global competitiveness. “A simple five phase process”p f p p A four- to eight-year processA four to eight year process (All grants are 3y 5y some 5y to 10 Y) Challenges & Barriers for Small Business Success – D. ILA 2012 (All grants are 3y-5y, some 5y to 10 Y)
  • 3. “A simple five phase process” Grow the economy and impact global competitiveness of the nascent US high techcompetitiveness of the nascent US high-tech small businesses byby nurturing disruptive ideas and disruptive technologies to the point oftechnologies to the point of commercialization. Challenges & Barriers for Small Business Success – D. ILA 2012
  • 4. Success of the modelf “simplicity of the process” Lessons learned, inputs: Innovative Research Programs Small business storiesSmall business stories Other programs existing programs, e g Stimulate Competition and so one.g. Stimulate Competition and so on. Challenges & Barriers for Small Business Success – D. ILA 2012
  • 5. Process Add-on to the existing Innovative Researchg Programs (Phases I and II) 1. Phase zero (Realization of idea), 2. Existing Phase Ig 3. Existing Phase II 4. Phase III (Commercialization)( ) 5. Phase IV (A for global Competitiveness) Challenges & Barriers for Small Business Success – D. ILA 2012
  • 6. Model Conception, Formulation, & Team building 2Y ncept 2Y oofofCon 1Y Pro Id I II III IV Challenges & Barriers for Small Business Success – D. ILA 2012 Idea I II III IV
  • 7. Conception, Phase 0 p , Formulation, & Team building P f f 50% Proof of Concept Phase I 30% Realization C i li ti Phase II Phase III 15% Commercialization Maturity and Graduation/GlobalPh IV Phase III Maturity and Graduation/Global Competitiveness Phase IV >5% or Five out of 100 phase 0 Challenges & Barriers for Small Business Success – D. ILA 2012
  • 8. Micro-Grant Phase 0 Coaching Micro-Grant 1k to 10k Univ. based JUIRP Coaching and Matchmaking Business TrainingJUIRP 25k-75k JIURP Phase I Mini-Grant Ph II Business Training Matchmaking and Coaching JIURP, 75k-300k Industry investment Phase II Mini-Grant Phase III Business Training Business, Finance, IP, &Industry investment 300k-1M Industry/State & Fed. Partnership/Phase IV Phase III Grant Marketing Training Industry/State & Fed. Partnership/ private investors (Public/Private) (Marketing, international trade, IP and ……. Mentoring) Phase IV Jumbo Grant/G-Loan Challenges & Barriers for Small Business Success – D. ILA 2012
  • 9. Closing statementClosing statement Support: Creation Nurturing and CommercializationCreation, Nurturing and Commercialization of disruptive ideas & technologies in natural steps of a ladder for scale up production and favors winners in the race for global leadership in high- technology. Impact: The final cost of the product is tremendously reducedreduced. The small business bankruptcy avoided, SB may then owe the government the cost of the scale up. Rather than go bankruptthan go bankrupt. US born high-tech ideas retained, Rather than risking a loss of the commercialization race to foreign countries’ subsidies or ownership Challenges & Barriers for Small Business Success – D. ILA 2012 countries subsidies or ownership.
  • 10. Thank you. Daryush ILA PhDDaryush ILA, PhD Associate Vice Chancellor for ResearchResearch FSU dila@uncfsu.edudila@uncfsu.edu 910-672-2417 Challenges & Barriers for Small Business Success – D. ILA 2012