Lead to Win Program Overview


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  • Lead to Win Program Overview

    1. 1. Lead to Win Program Overview May 2009 Version 16
    2. 2. Agenda <ul><li>What is Lead to Win? </li></ul><ul><li>Past results </li></ul><ul><li>Why re-launch now? </li></ul><ul><li>Current plans and status </li></ul><ul><li>Availability for participants </li></ul><ul><li>Availability for other communities </li></ul><ul><li>Program details </li></ul><ul><li>Q&A </li></ul>
    3. 3. What is Lead to Win? <ul><li>Grass-roots program focused on driving massive entrepreneurial activity </li></ul><ul><li>Job creation, job retention </li></ul><ul><li>Proven program </li></ul><ul><li>Materials available free to other communities </li></ul>
    4. 4. Lead to Win 2002 <ul><li>Ran in response to economic downturn </li></ul><ul><li>Paid for personally by Dr Tony Bailetti </li></ul><ul><li>29 pre-screened participants </li></ul><ul><li>Wide range of backgrounds, including – management, technical design, marketing, sales </li></ul><ul><li>Over half of participants launched a new business </li></ul><ul><li>New businesses created over 300 new jobs and attracted over $90M in investment to the region </li></ul><ul><li>Of 19 businesses launched by program alumni since 2002 - 12 are still active </li></ul><ul><li>At least 4 repeat entrepreneurs </li></ul>
    5. 5. Why Re-launch Now? <ul><li>Over 14% of regional tech jobs have been lost in just the last 12 months </li></ul><ul><li>Almost 30% of regional tech jobs have been lost compared to 2000 </li></ul><ul><li>Tech sector is continuing to shed jobs </li></ul><ul><li>Stats Canada reports have identified that during the 2002 downturn - 4 out of 5 laid off tech workers did not find work in high tech, and 2 of 5 left the city of Ottawa . </li></ul><ul><li>At issue is the potential loss of tech capability in Ottawa-Gatineau and associated sector economic impact </li></ul>
    6. 6. Current Plans and Status <ul><li>Two to three program sessions planned each in 2009, 2010 </li></ul><ul><li>First session over-subscribed in just the 1 st week since soliciting participants </li></ul><ul><li>Program capacity doubled to support the demand! </li></ul><ul><li>All materials available to any community that wants to re-use/adapt for their regional benefit </li></ul><ul><li>Large and growing community support </li></ul>
    7. 7. Availability for Participants <ul><li>Free for qualified participants </li></ul><ul><li>Accepting applications now </li></ul><ul><li>Application form is online </li></ul><ul><li>Targeting talented individuals who want to launch a tech business </li></ul><ul><li>Expectation of – commitment and business idea </li></ul><ul><li>Applicants will be interviewed prior to acceptance </li></ul>
    8. 8. Availability for Other Communities <ul><li>Materials freely available </li></ul><ul><li>Ottawa Chamber of Commerce taking lead role </li></ul><ul><li>Program adaptable to non-tech businesses </li></ul>
    9. 9. Interested? Dr Tony Bailetti Lead to Win Organizer bailetti@sce.carleton.ca (613) 829 8885 Erin Kelly Executive Director Ottawa Chamber of Commerce (613) 236-3631 ext. 25 [email_address] Jean Lepage Director, Business Services Développement économique - CLD Gatineau (819) 595-8002 [email_address] Llynne Plante Director, Ontario NRC-IRAP (613) 998-6947 llynne.plante@nrc-cnrc.gc.ca 
    11. 11. www.leadtowin.ca
    12. 12. Selected Alumni Testimonials
    13. 13. Lead to Win Program <ul><li>Is not a– </li></ul><ul><ul><li>professional development course </li></ul></ul><ul><ul><li>seminar series </li></ul></ul><ul><ul><li>networking group </li></ul></ul><ul><li>Is all about launching new tech businesses </li></ul>
    14. 14. Lead to Win Program Details <ul><li>Free to participants </li></ul><ul><li>All participants pre-screened for fit </li></ul><ul><li>The program offers the following value to participants: </li></ul><ul><ul><li>Facilitate the formation of multi-location, international teams </li></ul></ul><ul><ul><li>Equip teams to exploit the new creativity economy </li></ul></ul><ul><ul><li>Support teams’ rapid start-up, operations and execution </li></ul></ul><ul><ul><li>Practical, workshop oriented program which allows the participants to develop their idea and team through the LTW program </li></ul></ul><ul><ul><li>Access to the LTW material, community, virtual teams and training assets </li></ul></ul><ul><ul><li>Link teams to opportunities and channels </li></ul></ul>
    15. 15. Lead to Win Program Phases <ul><li>Applicants to the program are interviewed and selected based on their ideas, experience, motivation and commitment. </li></ul><ul><li>The participants learn, through practical examples, the theory of business ecosystems, the principles of sound management specific to their entrepreneurial endeavor, and the key factors that contribute to the ultimate success of a fledgling technology company.  Upon completion of this second phase, participants will be able to launch their new technology businesses in Ottawa.  </li></ul><ul><li>Lead To Win connects participants to strategic customers, revenue opportunities, and individuals, companies and organizations that can provide requisite resources, including capital. </li></ul>
    16. 16. Training Program Agenda
    17. 17. “ Ecosystem” Business Models <ul><li>Introduces new ecosystem business model </li></ul><ul><li>Benefits to entrepreneur include: </li></ul><ul><ul><li>Market entry barrier reduction </li></ul></ul><ul><ul><li>Access to customers </li></ul></ul><ul><ul><li>Operations cost reduction </li></ul></ul><ul><ul><li>Elimination of regional limitations </li></ul></ul><ul><ul><li>Makes niche markets viable </li></ul></ul><ul><ul><li>Leverages international disparities </li></ul></ul><ul><ul><li>Makes scarce skills abundant </li></ul></ul><ul><ul><li>Collaborative communities </li></ul></ul>
    18. 18. Connecting Entrepreneurs to Opportunities <ul><li>Connecting promising businesses with: </li></ul><ul><ul><li>Local businesses who are willing to be the “first customer” </li></ul></ul><ul><ul><li>Local business community for growth </li></ul></ul><ul><ul><li>International market connections </li></ul></ul>
    19. 19. Connecting Entrepreneurs to Entrepreneurs <ul><li>A challenge for many entrepreneurs is connecting with other individuals interested in being part of a new business start-up </li></ul><ul><li>Lead to Win offers a free online service to help entrepreneurs connect with each other to form early-stage teams </li></ul>
    20. 20. Connecting Entrepreneurs to Entrepreneurs <ul><li>Leveraging the community by linking </li></ul><ul><ul><li>Volunteer mentors to participants </li></ul></ul><ul><ul><li>Lead to Win alumni to new participants </li></ul></ul><ul><ul><li>Participants to participants </li></ul></ul><ul><li>Information sharing </li></ul><ul><li>Advice and feedback </li></ul><ul><li>Support </li></ul><ul><li>Introductions </li></ul>