SlideShare a Scribd company logo
We are proposing developing a 6,500 square foot ICT Business Incubator offering the
region services including: business incubation and acceleration; public-private funding and
collaboration in the areas of business and technology development, research and
education; mentorship and coaching for entrepreneurs; focus programs for female tech
entrepreneurs and foreign businesses and talent.
We have developed a detailed 365 day timeline for roll-out and secured a location. Aside
from private investors, we are seeking initial support from key partners, including: Cities
of Mississauga, Brampton, Oakville, Federal and Provincial Govt., Universities, Microsoft,
RICC, MaRS, OCE, ONE, Communitech, NRC, TiE, and others.
Over the past few years we have established networks for ICT professionals that are being
recognized throughout the GTA and represent a large portion of the local tech (business)
community. What we have learned is that there is a need and great demand for a
Mississauga-based Technology Incubator.
Executive Summary
An Innovative Opportunity Presented by Jason Lavigne & Bjoern Kingsley
Serving Mississauga, Brampton, Oakville & The World
a computer programming comment tag; to indicate planned
enhancements;
http://en.wikipedia.org/wiki/Todo
“TODO”
`
`
“TODO” is intended to be a centrally located, state of the art, ICT
Business Incubator (BI) facility directly serving the Peel and Halton
regions with leading edge business and technology support services.
Whether you are a startup or an existing company interested in
expansion, “TODO” is your one stop shop for business growth.
 Entrepreneurship
 Innovation
 Growth of wealth and primary jobs
 Education
 Community building
 Regional focus
What is “TODO”
Regional Collaboration
Business
MICROSOFT
Education
UTM
Government
OCE
 Incubator Services
 Soft Landings
 Accelerator
 Rapid Application Development | Prototyping
“TODO” Business Units
 Lease space at low cost rates
 Includes furniture, utilities, meeting rooms, Internet, copy/fax
 Participate in focus groups | Launch & Learns
 One stop business service center
 RICC | MBOT | SBEC | EDC | NRC
 Links to qualified investors, mentors and advisors
 Design and analysis technology services
 Prototyping services
 Commercialization Assistance
Incubator Services
 In 2017, “TODO” will initiate an NBIA “International Soft
Landings” program.
 Target foreign-owned companies with interest in growing a
Canadian market presence.
 Mississauga, Brampton & Oakville have sister city status in
these countries:
Japan (2) | China (2) | Philippines (1) | USA (1)
Soft Landings
 Programming combines virtual and onsite services
specifically targeted at ICT commercialization.
○ Boot camp Retreats
○ Investor Presentation Prep and Introductions
○ Mentor Identification and Assistance
○ Advisory Board Development
○ Peerspectives Roundtables
Accelerators
RAD approaches to software development put less emphasis
on planning tasks and more emphasis on development. In
contrast to the waterfall model, which emphasizes rigorous
specification and planning, RAD approaches emphasize the
necessity of adjusting requirements in reaction to knowledge
gained as the project progresses.
Rapid Application Development (RAD)
 Our 6,500 square foot facility in Mississauga (Hurontario
& Matheson) provides private office space, classrooms,
collaboration areas and conference meeting rooms.
The Location
Innovation & Entrepreneurship
Eco-System
Source : infodev.org
idisc.net
Human
ingenuityMarkets
Social and Economic
Wealth Creation
Skills Innovation
Innovation & Entrepreneurship
Eco-System
Human
ingenuityMarkets
Social and Economic
Wealth Creation
Skills Innovation
Policy
Regulation
Finance
Business
Infrastructure
Entrepreneurs
Technology
Parks
Incubators
Academia
Human
ingenuity
Skills Innovation
Social and Economic
Wealth Creation
Markets
Source : infodev.org
idisc.net
Innovation & Entrepreneurship
Eco-System
Human
ingenuityMarkets
Social and Economic
Wealth Creation
Skills Innovation
Policy
Regulation
Finance
Business
Infrastructure
Entrepreneurs
Technology
Parks
Incubators
Academia
Human
ingenuity
Skills Innovation
Social and Economic
Wealth Creation
Markets
Incubators
Source : infodev.org
idisc.net
Canada’s TEA Score 8.9% - Room for Growth
Source : http://www.internationalentrepreneurship.com
`
 Business incubators are a leading instrument used by many
governments to facilitate technology transfer from public
research organizations
 Commercial risks pose a greater problem than technical
risks when taking R&D results to market, not least because
spin-offs are often founded by scientists with technical
capacities but without business skills
Business Incubation: a Public Solution to
Accelerate Technology Transfer
Tailored Financial Services Critical to
Manage Start-Up and Scale-Up Costs
And also:
•Syndicated capital from third party investors
•Agreements with local banks to test new forms of financing
 Co-location of start-ups with mature companies
 Natural clustering & collaboration
 Entrepreneurs mutually learn & educate
 Diversified model of incubation + office rentals
 Strategic mix of public funding & private investments
 Strict entry criteria
Critical Success Factors for Incubators
 Investors & seasoned entrepreneurs leveraged as mentors
 Strong management monitoring mentors, companies, processes
 Lean & cost effective incubation program, optimal use of resources
 For-fee service screens out insufficiently commercialized candidates
 Climate of collaboration & networking from the start
Critical Success Factors for Incubators (cont’d)
 Number of tenant clients within the incubator
 Evaluation of services by incubator clients
 Growth in the number of applicants
 Number of companies that successfully graduate
 Percentage of incubator graduates that stay in the community
 Number of jobs created
Performance Indicators & Success Criteria
 Revenue of companies being served
 Incremental tax revenues generated by clients and graduates
 Level of community support for and from tech businesses
 Capital raised by companies being served
 Grants received by companies being served
Performance Indicators & Success Criteria (cont’d)
 Cloud
 Big Data & Open Data
 Internet of Things
 Bio-Medical Devices (fitbit, Apple Watch etc…)
 Automation (home & car)
Target Hot & Trending Industry Focuses
 Business – Enterprises | Service Providers | Professionals
 Investors – Gov’t Funding | Angel | Venture Capital
Key Partners
 Government – Municipal | Provincial | Federal
 Education – University | Colleges | Secondary Schools
 Incubators – Local | Silicon Valley | International
Key Partners (cont’d)
Thank You! Feedback?
Björn Kingsley
Rubicomm
bjoern@rubicomm.com
Jason Lavigne
Black & White Logic Inc.
jason@blackandwhitelogic.com

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Proposal for a Tech Incubator in Peel Region

  • 1. We are proposing developing a 6,500 square foot ICT Business Incubator offering the region services including: business incubation and acceleration; public-private funding and collaboration in the areas of business and technology development, research and education; mentorship and coaching for entrepreneurs; focus programs for female tech entrepreneurs and foreign businesses and talent. We have developed a detailed 365 day timeline for roll-out and secured a location. Aside from private investors, we are seeking initial support from key partners, including: Cities of Mississauga, Brampton, Oakville, Federal and Provincial Govt., Universities, Microsoft, RICC, MaRS, OCE, ONE, Communitech, NRC, TiE, and others. Over the past few years we have established networks for ICT professionals that are being recognized throughout the GTA and represent a large portion of the local tech (business) community. What we have learned is that there is a need and great demand for a Mississauga-based Technology Incubator. Executive Summary
  • 2. An Innovative Opportunity Presented by Jason Lavigne & Bjoern Kingsley Serving Mississauga, Brampton, Oakville & The World
  • 3. a computer programming comment tag; to indicate planned enhancements; http://en.wikipedia.org/wiki/Todo “TODO” ` `
  • 4. “TODO” is intended to be a centrally located, state of the art, ICT Business Incubator (BI) facility directly serving the Peel and Halton regions with leading edge business and technology support services. Whether you are a startup or an existing company interested in expansion, “TODO” is your one stop shop for business growth.  Entrepreneurship  Innovation  Growth of wealth and primary jobs  Education  Community building  Regional focus What is “TODO”
  • 6.  Incubator Services  Soft Landings  Accelerator  Rapid Application Development | Prototyping “TODO” Business Units
  • 7.  Lease space at low cost rates  Includes furniture, utilities, meeting rooms, Internet, copy/fax  Participate in focus groups | Launch & Learns  One stop business service center  RICC | MBOT | SBEC | EDC | NRC  Links to qualified investors, mentors and advisors  Design and analysis technology services  Prototyping services  Commercialization Assistance Incubator Services
  • 8.  In 2017, “TODO” will initiate an NBIA “International Soft Landings” program.  Target foreign-owned companies with interest in growing a Canadian market presence.  Mississauga, Brampton & Oakville have sister city status in these countries: Japan (2) | China (2) | Philippines (1) | USA (1) Soft Landings
  • 9.  Programming combines virtual and onsite services specifically targeted at ICT commercialization. ○ Boot camp Retreats ○ Investor Presentation Prep and Introductions ○ Mentor Identification and Assistance ○ Advisory Board Development ○ Peerspectives Roundtables Accelerators
  • 10. RAD approaches to software development put less emphasis on planning tasks and more emphasis on development. In contrast to the waterfall model, which emphasizes rigorous specification and planning, RAD approaches emphasize the necessity of adjusting requirements in reaction to knowledge gained as the project progresses. Rapid Application Development (RAD)
  • 11.  Our 6,500 square foot facility in Mississauga (Hurontario & Matheson) provides private office space, classrooms, collaboration areas and conference meeting rooms. The Location
  • 12. Innovation & Entrepreneurship Eco-System Source : infodev.org idisc.net Human ingenuityMarkets Social and Economic Wealth Creation Skills Innovation
  • 13. Innovation & Entrepreneurship Eco-System Human ingenuityMarkets Social and Economic Wealth Creation Skills Innovation Policy Regulation Finance Business Infrastructure Entrepreneurs Technology Parks Incubators Academia Human ingenuity Skills Innovation Social and Economic Wealth Creation Markets Source : infodev.org idisc.net
  • 14. Innovation & Entrepreneurship Eco-System Human ingenuityMarkets Social and Economic Wealth Creation Skills Innovation Policy Regulation Finance Business Infrastructure Entrepreneurs Technology Parks Incubators Academia Human ingenuity Skills Innovation Social and Economic Wealth Creation Markets Incubators Source : infodev.org idisc.net
  • 15. Canada’s TEA Score 8.9% - Room for Growth Source : http://www.internationalentrepreneurship.com `
  • 16.  Business incubators are a leading instrument used by many governments to facilitate technology transfer from public research organizations  Commercial risks pose a greater problem than technical risks when taking R&D results to market, not least because spin-offs are often founded by scientists with technical capacities but without business skills Business Incubation: a Public Solution to Accelerate Technology Transfer
  • 17. Tailored Financial Services Critical to Manage Start-Up and Scale-Up Costs And also: •Syndicated capital from third party investors •Agreements with local banks to test new forms of financing
  • 18.  Co-location of start-ups with mature companies  Natural clustering & collaboration  Entrepreneurs mutually learn & educate  Diversified model of incubation + office rentals  Strategic mix of public funding & private investments  Strict entry criteria Critical Success Factors for Incubators
  • 19.  Investors & seasoned entrepreneurs leveraged as mentors  Strong management monitoring mentors, companies, processes  Lean & cost effective incubation program, optimal use of resources  For-fee service screens out insufficiently commercialized candidates  Climate of collaboration & networking from the start Critical Success Factors for Incubators (cont’d)
  • 20.  Number of tenant clients within the incubator  Evaluation of services by incubator clients  Growth in the number of applicants  Number of companies that successfully graduate  Percentage of incubator graduates that stay in the community  Number of jobs created Performance Indicators & Success Criteria
  • 21.  Revenue of companies being served  Incremental tax revenues generated by clients and graduates  Level of community support for and from tech businesses  Capital raised by companies being served  Grants received by companies being served Performance Indicators & Success Criteria (cont’d)
  • 22.  Cloud  Big Data & Open Data  Internet of Things  Bio-Medical Devices (fitbit, Apple Watch etc…)  Automation (home & car) Target Hot & Trending Industry Focuses
  • 23.  Business – Enterprises | Service Providers | Professionals  Investors – Gov’t Funding | Angel | Venture Capital Key Partners
  • 24.  Government – Municipal | Provincial | Federal  Education – University | Colleges | Secondary Schools  Incubators – Local | Silicon Valley | International Key Partners (cont’d)
  • 25. Thank You! Feedback? Björn Kingsley Rubicomm bjoern@rubicomm.com Jason Lavigne Black & White Logic Inc. jason@blackandwhitelogic.com