1. STEM EDUCATION |ACCESS & INVESTMENT CAPITAL | HIGH-GROWTH ENTREPRENEURSHIP
© 2011 America 21 Project

2. The Black Innovation and Competitiveness Initiative
The BICI has expanded to become …

3. ABOUT The America 21 Project
Johnathan Holifield Chad Womack, PhD Mike Green
Co-Founders & Principals
STEMEDUCATION | CAPITALACCESS & INVESTMENT | HIGH-GROWTHENTREPRENEURSHIP

4. How do we generate wealth in the innovation economy?
“In order to generate wealth in the 21st
century innovation economy, we need an
equity-based strategy that moves us from
solely being consumers of products to
becoming the producers of new
ideas, innovations and knowledge
capital, and the funders of new ventures…”

5. The America 21 Project: VISION & MISSION 21
VISION
The America 21 Project seeks to become the leading national voice
for innovation and competitiveness empowering communities in
urban centers throughout America to achieve full equity participation
in the 21st century Innovation Economy.
MISSION
The America21 Project will catalyze and empower underserved
communities throughout urban America to fully participate in the 21st
century innovation economy through STEM education, and capital
formation, access and investment in high growth entrepreneurship.
.

6. The America 21 Project: STRATEGY & APPROACH
STRATEGY
 Move the narrative (mindset) of Black America to a
21st century framework and action plan based on
innovation and competitiveness
 Develop and build sustainable 21st century urban
innovation ecosystems (hubs and nodes)
 Scale and replicate across the country

7. The America 21 Project APPROACH
The America 21 Project seeks to
leverage existing assets within
Urban American communities to
create new opportunities and
ensure competitiveness in the
Innovation Economy.

8. The AMERICA 21 Project – Programs and Initiatives
The America 21 Project
Programs
projects
National STEM Council Partnership for Urban America
initiatives
HBCU Innovation (R&D) initiative National Urban Innovation Campaign
Urban Innovation Fund
Urban Innovators Workshop
Innovation Nation
BUILDING THE URBAN ECONOMIC ECOSYSTEM
Spreading awareness, planting resource seeds, nurturing growth

9. Global Innovation & Competitiveness 2011
Revitalizing America’s economic vitality requires strengthening ALL of America’s innovative sectors
Sept. 7, 2011 (AP) — The World Economic Forum rankings,
which the forum has issued for more than three decades, are
based on economic data and a survey of 15,000 business
1 Switzerland executives across 142 nations.
2 Singapore The forum praised the U.S. for its productivity, highly
Sweden sophisticated and innovative companies, excellent universities
3
and flexible labor market. But it also cited “a number of
4 Finland escalating weaknesses” such as rising government debt and
declining public faith in political leaders and corporate ethics.
5 USA
6 Germany 2011 #5
7 Netherlands 2010 #4
2008 #1 Fall 2008: economic collapse
8 Denmark
9 Japan
10 Britain

10. How do we connect the disconnected?
The America 21 Project is the bridge connecting urban
communities to the 21st century Innovation Economy
STEM education
Angel & Venture
Capital
High-Growth 21st Century 20th Century
Entrepreneurship
Urban Innovation-
Ecosystems
The Innovation Entrepreneurial Ecosystem
STEM Education High Growth Capital
Entrepreneurship Access/Investment

11. The Story of America’s Innovation Economy
21st
century
Entrepreneurial No Ecosystem
Ecosystem
Public-Private risk capital
No investment
infrastructure infrastructure
Exponential job growth No job growth

12. The America 21 Project INNOVATIVE APPROACH 21
The America 21 Project will establish a collaborative online-offline
platform to develop urban innovation ecosystems that foster solutions-
based approaches to meet the challenges of 21st century community
and economic development. Wealth creation is a top priority
Three Pillars/Foundation
STEM CAPITAL HIGH-GROWTH
Education Access / Investment Entrepreneurship

13. Historical Transitions in the U.S. Economy 21
19th century agrarian economy 20th century manufacturing and service economy
The 19th and 20th
century economies
were driven by
manual labor…
The 21st century innovation economy
… is knowledge-based … driven by science, technology and innovation.
Disruptive Ideas Risk Capital Technology/Social Media-Driven Exponential Growth
Platforms

14. The Role of STEM Education-Workforce in Competitiveness and Wealth Creation?
STEM CAPITAL ACCESS HIGH GROWTH
EDUCATION & INVESTMENT ENTREPRENEURSHIP
Got
Investment?
Raising Capital
A new economic vision for 21st century Urban America

15. …and wealth creation in the innovation economy

16. The life cycle of innovation emerges from of our urban centers yet its benefits elude our
cities and their residents due in part to a negative innovation flow. We must harness the
cycle so its benefits are no longer lost to our urban communities.
Knowledge & Innovative Economy
Suburbs/Exurbs •Clinical Research & Development
•Manufacturing
•Marketing & Sales
•Global Supply Chain Management
Commercialization Regional Clusters
& Manufacturing & Networks
Technology
R&D
Transfer
Service Economy
•Low-level service oriented jobs
City/Urban Centers •Manual labor
Negative Innovation Flow
Source: Report Touch Choices or Tough Times, National
Center on Education and the Economy
16

17. HOW DO WE BOLSTER AMERICA’S COMPETITIVENESS? 21
… by educating and preparing Disconnected Americans for the Innovation Economy
Those that are
prepared and can
compete in the…
Professional or Graduate Degree 21st Century Innovation
Economy
4 Year College Degree
High School Degree Only 20th Century
Service/Manufacturing
No High School Degree Economy

18. High Growth Entrepreneurship
HIGH-GROWTH CAPITAL
Entrepreneurship Access / Investment
STEM
Education

19. National Average STEM yield ≅
4%

20. How is STEM education linked to community and
economic development?

21. How is STEM education linked to community and
economic development?

22. How does Philly stack up against other major cities?
The NAEP 2009 TUDA Results
Out of 17 cities analyzed in the Trial Urban District Assessment (TUDA) study, Philly was last
in terms of STEM performance (NAEP)

23. TBED 1.0 the 20th Century Model – Does geography
determine economic destiny ?
Proposed Innovation Empowerment Zones
Temple University – TUHS, Einstein Hospital
UPenn/Univ City Science 2008 PSSA Proficiency
Center, Drexel, USiP – Rates – Math & Science
UPHS, CHOP Einstein combined by ZIP code,
Hospital Grades 3-8, 11
Proposed Innovation Empowerment Zones
23

24. W
AS CE
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IN NO TR
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M ON EA HI
AS , G S GH
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20
40
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R CE , Y
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IV HO A G L
ER MA M H H S IAM
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Total = 502
FR TY A. H H S OO
GE AN CIT IGH CHO L
R M KF Y H S O
SO O I C L
U T P AN R D GH H O
H AR TOW HI SC OL
PH K G H
IL WA N H H S OOL
A Y I C
DO BO DE NO GH HOO
BB K, LP R SC L
IN ED HIA THW HO
S, W H O
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UR D H T
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L G H
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NE IG CH L
PH P Y H H S OO
FR I L AR I G C H L
AN A. K H O O
KL HS W A S C L
IN FO Y W HO
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SW BE B ES L
The STEM yield in Philadelphia
Graduated from college with STEM Major (2003-2009) by HS attended
EN KE NJA OL US T H
&
W SO NSI MI NE T S
ES N N N Y E EC
T AR GT HI A H
PH T O GH ST
IL S & N H S HS
AD T IG CH
Figure. Number of SDP-Graduates who graduated from college with a STEM major by High School attended (2003-2009)
EL EC H OO
PH HN SCH L
IA OL O
Top 5 Schools account for >60% of the SDP (actual) STEM yield
HI OG OL
GH Y
SC H.S
HO .
OL
The actual STEM yield for African-Americans is <1%

25. So… How do we get there?
What is the current situation? Where do we want to be?
*The Opportunity Equation, Carnegie Foundation

26. So… How do we get there?
What is the current situation? Where do we want to be?
*The Opportunity Equation, Carnegie Foundation

27. A 21st Century Vision & Framework for STEM Education
STEM Vision Statement
All youth should be prepared to participate and succeed in a 21st century society as
global citizens, and engage STEM education through a holistic process that involves
their community and environment.
STEM Framework
 All youth should be prepared for post-secondary success in college and 21st century work in the
knowledge and innovation/tech-based economy.
 All youth should be STEM literate as…
 science and technology are the tools of STEM and a 21st century society.
 math is the fundamental language of STEM.
 the ability to think critically and utilize problem-solving skills in the context of STEM will
enable the next-gen of innovators that will address the challenges of the 21st century.
All students prepared for college and for 21st century work!!

28. National STEM Council – Executive Board
BICI
(executive management)

29. National STEM Council - Goals
 to provide a vehicle through which the leadership representing all of the Black
STEM organizations can convene on an annual basis to discuss best practices
and lessons learned as professional associations, initiatives and programs
 to discuss the state of STEM in Black America from school to career (an annual
report would be a deliverable and outcome), and determine strategies to
address the STEM educational crisis facing Black America in the 21st century
 to aggregate concerns across the various STEM disciplines to address and affect
federal and local policies as they relate to the STEM pipeline
 to address the opportunities for Black STEM entrepreneurs providing
workshops to encourage, educate and train Black STEM professionals to pursue
entrepreneurship and businesses
 to aggregate and leverage capital to invest in Black STEM professionals who
seek to become tech-entrepreneurs

30. Philadelphia STEM Innovation Center
Bridging the K-12 and Higher Education Divide
STEM21
March, 2011

31. Philadelphia STEM Innovation Center – Governance & Management
Board of Directors (proposed)
TBED21
The Franklin Institute
Executive Director & Staff

32. The Early College STEM Academy
October 24, 2011
Philadelphia STEM Innovation Center
Chad Womack, PhD

33. Proposed Development and Expansion of the High School STEM
Academy Program
How do we ensure equity and access while driving systemic transformation in STEM?
• Implement the STEM academy model in neighborhood high schools and then expand programmatic reach throughout
high school clusters and regions.
Development of the STEM Academy Program in one SDP High School
# of students 5-10 12-15 20-25
per entering
10th grade Maximum Output = 25 STEM students per school per year (fully loaded)
class
YR 1 YR 2 YR 3
W. Phila HS Cluster
Univ City HS
Sayre HS
W. Phila HS
…and then expand throughout SDP regionally
School of the Future
Overbrook HS
= Total Output of 125 STEMready students per school cluster per year
(assuming a fully loaded program by year 5)
10/27/11 Early College STEM Academy Program 33

34. Program and Curriculum for the High School STEM Academy Program
Overview of the Early College STEM Academy Program
 The Early College STEM Academy Program is a program of the Philadelphia
STEM Innovation Center – a STEM education focused collaborative and
partnership-driven effort with The School District of Philadelphia, Drexel
University, University of Pennsylvania, Philadelphia Biotechnology and Life
Sciences Institute, FIRST Robotics and The Franklin Institute.
 This is a 4 year longitudinal program that proactively identifies and recruits 9th
grade high school students during their Spring semester.
 The program will initially be piloted within the W. Phila high schools, and then
expanded regionally throughout the School District of Philadelphia
The term STEM refers to science, technology, engineering and math
10/27/11 Early College STEM Academy Program 34

35. Bio-Life Science Career Pathways & STEM Scholars Programs
CEO, COO, CSO
Clinical
Scientists
CFO, CEO, Associate Basic Research
Scientist/ Scientist I Scientists
Biotechnician/Research Assistant
II
Biotechnician/Research
Assistant I
2-yr/A.S.
MS HS 4-yr/B.S. M.S./ MBA PhD/MD/MD-PhD
Career Development
Bioentrepreneurship Programs
STEM Scholars Program

36. High Growth Entrepreneurship
STEM CAPITAL
Education Access /
Investment HIGH-GROWTH
Entrepreneurship

37. HIGH-GROWTH HIGH-IMPACT ENTREPRENEURS
Entrepreneur Startups = New Jobs
Will create
job growth
& wealth
1% = 40%
gazelles
In any given year, the top-performing 1 percent of new
firms generate roughly 40 percent of new job creation.
Kauffman Foundation

38. How do we generate wealth in the innovation economy?
Wealth = Equity * Entrepreneurship * Innovation

39. The Story of America’s Innovation Economy
21st
century
Entrepreneurial No Ecosystem
Ecosystem
Public-Private risk capital
No investment
infrastructure infrastructure
Exponential job growth No job growth

40. BLACK PRODUCTIVITY
BLACK AMERICA
ANNUAL SPENDING BUSINESS REVENUE
~$1 Trillion $138B
Family Per Capita
Income Biz Revenue
$30K $3,700

41. SBA Report Nov. 2010*: Race/Ethnicity Establishment Dynamics
Median HHI Business Density Failure Rate
Household Income # firms per thousand persons Business failures over 4 years
Blacks $29,691 36 39.3%
Hispanics $33,961 42 33.9%
Asians $53,832 98 32.9%
Whites $46,119 94 29.2%
*Data reporting period 2002 - 2006

42. U.S. CENSUS 2010 REPORT
Per Capita Business Receipts (data for 2007)
Businesses w/ employees Per Capita Business receipts
# businesses / population Total annual gross revenue
Blacks 107,000 0.003 $99B
Hispanics 249,000 0.005 $274.5B
Asians 399,000 0.030 $461B
Whites 4.6 million 0.020 $9.4 trillion

43. 1.5%

44. ACCESS TO CAPITAL INVESTMENT
Entrepreneur Bootstrapping Private Capital
Will work
NEED =
for funding
Avg. investment: $191K
The Angel Capital Education Foundation estimates that
about 10,000 accredited investors now belong to more than
265 groups that play a critical role in the deal flow in their
communities.

45. High Growth Entrepreneurship
STEM
HIGH-GROWTH
Education
Entrepreneurship
CAPITAL
Access / Investment

46. ACCESS TO RISK CAPITAL & INVESTMENT
Access to angel and venture capital investment is crucial to job creation
Challenge: 1 500+
angel groups
angel / venture
capital group
500+
venture capital groups
Opportunity:
The America 21 Project will encourage and promote the
development and growth of urban angel groups and
venture capital institutional investors.

47. AMERICA’S PRODUCTIVITY DISPARITY
GDP = $14T
Black-owned businesses Venture-backed businesses
1.8 million sole 1.9 million 4,025
proprietors
with no $137B Revenue $2.9T
employees
< 1% % of GDP 21%
2007: Before economic collapse 2008
Black America remains
CONNECTED infrastructure.
from U.S. risk capital investment

48. The America 21 Project Platform
ONLINE & OFFLINE
A core component of The America 21 Project strategy is to build a unique and propriety
platform that fosters a new narrative and establishes a sustainable innovation ecosystem.
The Innovation Nation platform will:
• Educate Urban America about the challenges and opportunities inherent in
the 21st century global innovation economy.
• Identify and establish nodes and hubs within the innovation ecosystem that
will amplify the new narrative and provide essential resources to foster access
and development within an entrepreneurial ecosystem.
• Significantly enhance deal flow by connecting high growth entrepreneurs to
risk capital and angels/institutional investors with opportunities within the
innovation economy.

49. The America 21 Project PLATFORM
Branded online-offline entrepreneurial ecosystem
 Events – Forums, Summits & Symposia
 Strategic Partnerships & Resources
 Online proprietary ecosystem
• Innovation Nation Social Community
• Entrepreneur Academy
• Deal Flow (Angels & Entrepreneurs)
 Social Media & Networking

50. Developing 21st century urban innovation ecosystems
US Census Bureau, Census 2000
Regional Hubs Local Nodes
Urban innovators are fragmented while surrounded by innovation ecosystems
50

51. HBCUs – Nodes and Hubs of Innovation?
Convening innovative thought leaders, organizations, educators and investors
BUILDING THE URBAN ECONOMIC ECOSYSTEM
Spreading awareness, planting resource seeds, nurturing growth

52. Partnership for Urban America
NATIONAL URBAN INNOVATION CAMPAIGN
KEY NODES
in each region
Urban Urban
2011-2012
Angels Innovators
BUILDING THE URBAN ECONOMIC ECOSYSTEM
Spreading awareness, planting resource seeds, nurturing growth

53. BOLSTERING AMERICA’S COMPETITIVENESS 21
How do we connect Disconnected Americans to the Innovation Economy?
STEM
education This ecosystem doesn’t
exist in the overall
R&D
paradigm for Black &
investments HIGHER
Elem Secondary Education Hispanic America
Angel &
Venture Capital Entrepreneur Education / Training
Incubators / Accel & Resources
HIGH-GROWTH ENTREPRENEURS
High-Growth Risk Capital (Angels / Venture Capital)
Entrepreneurship
Startup America WORKFORCE
HIGH-GROWTH ENTREPRENEURS
Partnerships Lifestyle Since 1980, ALL net new job
entrepreneurs growth has been produced
No equity by companies 5-years-old
Entrepreneur – investment and younger.
Investor Conferences
Top performing 1% of young
companies produce 40% of
Entrepreneurial job growth EVERY year.
Ecosystem Kauffman foundation

54. Physics and the Law of Change
Target Population
Population of Effective
Exponential Leaders
T = Ne
N
The Influencers You
= +
Force (the ability to move ‘mass’ at a certain rate)
Change = Work =Distance
X

55. ABOUT The America 21 Project 21
TEAM
Johnathan Holifield Chad Womack, Ph.D Mike Green
Contact Chad Womack, PhD 215-776-6664
http://blackinnovation.org | chad@blackinnovation.org or cwomack06@gmail.com
STEMEDUCATION | CAPITALACCESS INVESTMENT | HIGH-GROWTHENTREPRENEURSHIP