CII-TiE VC-PE Summit, October 2006 in Bangalore


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Plenary presentation given in Bangalore at the CII-TiE VC-PE Summit, "Cross Border Investments" seminar in October 2006... talking about creating a new partnership between Birmingham (Ala.) and Bangalore (IN)

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  • CII-TiE VC-PE Summit, October 2006 in Bangalore

    1. 1. An Alabama-India TechVenture A joint project of TechBirmingham and AITA, pursuing a new trade model between Alabama and India
    2. 2. Purpose of the TechVenture <ul><li>Alabama-based angel investors will visit India to seek operating , proven tech-based businesses with an established market but no penetration into the USA </li></ul><ul><li>Moderate investments will be made to establish new Alabama HQ’s with sales/marketing for these tech companies </li></ul>
    3. 3. The TechVenture Timeline USA USA New Delhi Hyderabad New Delhi Bangalore Agra Saturday Sunday Monday Tuesday Wednesday Friday Thursday
    4. 4. Partners in India <ul><li>NASSCOM </li></ul><ul><ul><li>Official country-wide host for the trip </li></ul></ul><ul><li>Confederation of Indian Industry </li></ul><ul><li>TiE </li></ul><ul><ul><li>Coordinating entrepreneurs </li></ul></ul><ul><ul><li>200+ business plan pool in each city </li></ul></ul>
    5. 5. Your Lifestyle, Your Mind, Your Future About Birmingham
    6. 6. Where Are We? Birmingham Washington DC Huntsville New Delhi Bangalore Hyderabad Mumbai
    7. 7. Birmingham’s Past
    8. 8. Birmingham’s Present + Future
    9. 9. Who is TechBirmingham? <ul><li>Not-for-profit </li></ul><ul><li>Started in the fall of 2001 </li></ul><ul><li>Board of Directors is made up of Technology Industry CEO’s, Venture Capitalists, and Service Providers </li></ul>
    10. 10. Who is TechBirmingham? <ul><li>Mission Statement: </li></ul><ul><ul><li>“ Formed to lead, support, and coordinate the start-up, attraction, growth, retention, and expansion of technology-based businesses, investments, add jobs for the Birmingham metropolitan region” </li></ul></ul><ul><li>Aligned with… </li></ul>… among others
    11. 11. Your Lifestyle, Your Mind, Your Future Entrepreneurism
    12. 12. #3 Hot City for Entrepreneurs
    13. 13. Our Startup Ecosystem <ul><li>Business Incubation / Startup Assistance </li></ul><ul><li>Economic Development </li></ul><ul><li>Technology User Groups </li></ul><ul><li>Technology Centers / Research Institutions </li></ul><ul><li>Venture Capital Funding Sources </li></ul><ul><li>Workforce Development and Tech Education </li></ul>
    14. 14. Entrepreneur Accelerator Program
    15. 15. Innovation Depot ~ the downtown incubator <ul><li>Combining the Entrepreneurial Center and UAB’s OADI @ old Sears Building </li></ul><ul><li>$12M+ Project </li></ul><ul><li><12 blocks vs. ~9 miles from UAB </li></ul>
    16. 16. Innovation Depot ~ the downtown incubator
    17. 17. Your Lifestyle, Your Mind, Your Future Other Projects
    18. 18. Community Engagement
    19. 19. TechMixer
    20. 20. Your Lifestyle, Your Mind, Your Future The Tech Industry
    21. 21. “ Large” Tech Companies ~ >100 emp. 80 60 40 20 200 400 600 800 Command Alkon not shown
    22. 22. “ Midsize” Tech Companies ~ >20 emp. 80 60 40 20 Command Alkon not shown
    23. 23. A Sampling of Tech Companies
    24. 24. Your Lifestyle, Your Mind, Your Future India & Alabama
    25. 25. Why TechVenture? Why Now? <ul><li>A significant opportunity exists to invest in Indian technology startups and enhance their value by establishing USA headquarters in Alabama </li></ul><ul><li>An untapped business model with an opportunity for Alabama to lead the way </li></ul><ul><li>Leverage India to improve cost structure </li></ul><ul><li>USA as platform for growth </li></ul><ul><li>Introduce new service offerings </li></ul><ul><li>Capture Intellectual Property </li></ul>Steps for value creation Results we seek <ul><li>Seamless global service value chain </li></ul><ul><li>More efficient, profitable, and valuable companies </li></ul><ul><li>Bring value to Alabama for the global outsourcing trends </li></ul>Characteristics of target investments <ul><li>Defensible market position </li></ul><ul><li>High value, high switching costs </li></ul><ul><li>Small and medium size enterprises with a stable revenue ($20M to $200M) </li></ul>
    26. 26. Cross Border Growth = Alabama <ul><li>Becoming Multinational </li></ul><ul><li>Increased Market Opportunities </li></ul><ul><li>Leveraging Indian Cost Advantage </li></ul><ul><li>Valuation on Exit </li></ul><ul><li>Cultural Fit </li></ul><ul><li>Availability of Angel Funds in Alabama </li></ul>
    27. 27. Your Lifestyle, Your Mind, Your Future Stay Informed About Birmingham’s Tech Economy by signing up for our monthly e-newsletter at Other URLs to visit: / /