How can Indiana succeed in supporting and assisting entrepreneurs? Presented by Karl LaPan, CEO of The Northeast Indiana Innovation Center, Inc.

1. Karl R. LaPan
The Northeast Indiana Innovation Center, Inc.
November 8, 2019
ALLEN COUNTY COMMISSIONERS
ANNUAL REPORT

2. Our Corporate DNA
1

3. Need to “Level the playing field”
Entrepreneurship is the best anti-poverty program
2

4. Indiana…Start-ups Needed
3

5. 4
Innovation & Entrepreneurship Initiatives Continuum

6. 5
Northeast Indiana Innovation Park Opportunity Zone
Inclusive Entrepreneurship Programs

7. 4 Pillars: Go-to market strategy
6
On-ramps Equality Gateway Place-making

8. 4 Pillars: Go-to market strategy
7

9. 4 Pillars: Go-to market strategy
8

10. 4 Pillars: Go-to market strategy
9

11. 4 Pillars: Go-to market strategy
10

12. 4 Pillars: Go-to market strategy
11

13. 4 Pillars: Go-to market strategy
12

14. 4 Pillars: Go-to market strategy
13

15. Benchmark: Wage Rates of CTP versus Comparisons
14

16. Benchmarks: CTP businesses employment trends
2013 – 2017 CAGR%
15

17. Benchmarks: CTP Tech Sector only employment
2013 – 2017 CAGR%
16

18. Non-dilutive
grants
Equity
investments
$18.9M
Client Capital & Grants
23%
77% 91.9%
CTP Business
Survivability Rate
Source: SFY 2006-2018 *exception Capital – time period is: SFY 2013-2018
CTP Business
Retention Rate
98%
Innovation Metrics
SFY 2006-2018
17

19. 18
For every….
Proven jobs engine and thriving innovation hub
(FY 2013 – 2018)

20. Best in class Center of Excellence
SBA authorized
Women’s
Business Center –
1 of 122 nationally
ISO 9001: 2015 Largest portfolio
of Federal
Entrepreneurship
Contracts in Indiana
19
Nationally
Recognized Quality System
Best in class
Excellence Placemaking
Designated Indiana
Opportunity Zone
Indiana’s Fifth
Certified Tech Park
Hub Zone

21. Thank you, Commissioners, for your continued
support for Entrepreneurship & Innovation.