Enable U Tim Ellis


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  • 30,000 sq. foot “sandbox” 2K sq. feet of incubator space for early stage entrepreneurs 8K sq. feet of partner lab space with platforms and tools for development provided by partners Christie Digital, Open Text, Agfa HealthCare, RIM, Sun Micro Systems, Google, Yahoo! and Microsoft Subsidized leasable office space for start-ups and entrepreneurs in close proximity to the tools and services they need Collaboration space for meetings, conferences, public forums
  • Business Plan - client has a technological product and a business plan and requires space and services in order to commercialize the product. Identified markets - clear that it is a technology that has markets and can be commercialized. Will be past the stage of being research only. Initial funding - demonstrated access to initial funding/ financing. Fit – client will be looking for the business advice and support services that come with the package, not just real estate; willing to go through a business development process that will increase the chances of success and commercialization of the product.
  • Enable U Tim Ellis

    1. 1. Real Estate as a Strategy Tim Ellis, COO Accelerator Centre 295 Hagey Blvd. Waterloo, Ontario Canada N2L 6R5 519.342.2400 www.acceleratorcentre.com
    2. 3. NO!
    3. 4. YES!
    4. 6. Build vs. Renovate
    5. 7. Buy vs. Rent
    6. 8. Location <ul><li>University of Waterloo Research and Technology Park </li></ul><ul><li>North Campus </li></ul><ul><li>University of Waterloo </li></ul>
    7. 9. Location
    8. 10. Floor Plan Start-up Project/Partner
    9. 11. A facility is a facility is a facility!
    10. 12. It’s What You Do With the Facility That Matters
    11. 14. Club House
    12. 15. Not this kind…
    13. 16. Or This…
    14. 17. This kind!
    15. 20. Hom
    16. 23. Agile/Lean PMConnect Business Development & Senior Sales Product Management CEO 20/20 (by invite only) Senior HR Leaders (by invite only) CEO Roundtable Senior IT Leaders Executive Assistants Serial CEO (by invite only) ED Network (not-for-profit) Social Innovators (not-for-profit & by invite only) Finance Professionals Strategic Marketing Government Relations (by invite only) Tactical Sales Guelph Technology Organizations (GTO) User Experience Design HRnet (application process) Web Software Developers K-W Information Technology (KWITers) Peer 2 Peer Groups <ul><li>Lunch & Learn Learning Series </li></ul><ul><li>Entrepreneurship/Commercialization </li></ul><ul><li>Meetings </li></ul><ul><li>Viatech Meeting </li></ul><ul><li>Technology Opportunity Meeting </li></ul>
    17. 25. Accelerator Centre Update <ul><li>100% occupancy with waiting list (15) </li></ul><ul><li>28 technology companies </li></ul><ul><li>3 Innovation Partners </li></ul><ul><li>Over 180 people </li></ul><ul><li>2009 - $8M in funding raised by client companies </li></ul><ul><li>Active Mentoring Eco System </li></ul><ul><li>Focused Educational programs </li></ul><ul><li>Well defined processes and documented company progress reporting structure </li></ul>
    18. 26. Accelerator Centre Update <ul><li>6 companies graduated </li></ul><ul><ul><li>Over 120 new jobs created </li></ul></ul><ul><li>6 companies asked to relocate (fail) </li></ul><ul><ul><li>no longer a fit </li></ul></ul><ul><li>Partnering with other incubator facilities in Region of Waterloo to provide AC services </li></ul><ul><ul><li>Communitech HUB </li></ul></ul><ul><ul><li>UW School Pharmacy </li></ul></ul><ul><li>Expansion of the technology & innovation “club house” planned for 2010 </li></ul>
    19. 27. International Awards <ul><li>The Technopolicy Network – Stockholm Sweden </li></ul><ul><li>2009 “Best Science Based Incubators” </li></ul><ul><li>2 nd Fastest Growth </li></ul><ul><li>2 nd Most promising </li></ul><ul><li>2 nd Best practices </li></ul><ul><li>2 nd Overall </li></ul><ul><li>The Technopolicy Network – Stockholm Sweden </li></ul><ul><li>2008 “Best Science Based Incubators </li></ul><ul><li>1 st Best practices </li></ul>
    20. 28. Questions? [email_address] Tim Ellis MORE INFO www.acceleratorcentre.com