1. STAR Park – STAR One Science, Technology and Advanced Research A member of The Texas State University System

2. Return On Investment Commercialization Business Incubation Products Services Commercial Enterprise Technology Development Research Intellectual Property Discovery © 2003 Arizona Board of Regents Role of Research Parks In Innovation The Innovation Continuum

3. Role of Research Parks In Innovation Research partners Flow of Talent Exchange of ideas Access to labs and specialized equipment Research partners Flow of Talent Exchange of ideas Access to labs and specialized equipment Private Companies Universities, Federal Labs, Nonprofit R & D Institutions Growth of existing companies Creation of new companies Commercialization of intellectual property Generation of Jobs and Income Research Parks Communities generating innovation, technology and Knowledge

4. Role of Research Parks In Innovation  Enhance technology transfer from University to the marketplace  Increase interaction between companies & the University  Promote entrepreneurship & innovation  Provide meaningful employment experiences through internships & co-ops

5. Role of Research Parks In Innovation  Increase career opportunities students & graduates  Provide launch pad for startups and landing pad for technologies commercialized from the University  Create critical mass of innovation based companies  Promote knowledge and technology based economic development

6. Research Park Stakeholders  University –Institution –Faculty/staff –Students  Business/industry –Collaboration opportunities –Student recruitment  Alumni and Donors  State  Community

7. Unique Nature of Research Parks  Entrance criteria  Collaborative environment  Covenants, Conditions & Restrictions  Design standards  Time frame: not a real estate asset

8. Research Park Benefits  Attraction & retention of faculty  Source of Adjunct Faculty  Exposes Faculty to current business practices  Increased business collaborations  Increased opportunity for private sector grants

9. Research Park Development Timeframes  Challenge: managing expectations  Build out 20+ year horizon  University of Nebraska Technology Park ̶ 1993 land assembled ̶ 1996 ground broken for incubator: 4 firms/10 employees ̶ 2003: 12 firms/500 employees ̶ 2012: 19 firms/2,920 employees

10. STAR Park Business Model  Technology Business Incubator anchor  Multi-tenant/Accelerator building  University free standing facilities  Free standing single tenant buildings  Focal point in area market for innovation driven businesses

11. Research Park Market Segments  Startup and growth stage companies ̶ Faculty ̶ Students ̶ Community  Firms with existing University relationships  Firms seeking University collaborations  New business locations without previous University or community association

12. Park Development Strategies Startup & Growth Stage Firms  New faculty orientation  Create model path: discovery – market  Outreach to Colleges, Departments, Centers & faculty  Integration Technology Commercialization activities  Assistance in accessing specialized funding opportunities (SBIR/STTR, NIST Innovation Corps., etc.)  Integration donor cultivation & alumni involvement

13. Park Development Strategies Startup & Growth Stage Firms  Assist firms in accessing finance options  Engagement with regional angel investors & venture funds  Explore development of local angel fund  Pursue creation of a proof of concept fund

14. Park Development Strategies Established Firms  Current business collaborations  Prospective business collaborations  Alumni/donors  Business members of advisory committees

15. Park Development Strategies New Business Attraction  Seamless collaboration with community economic development organization –Integration of materials –Cross links –Park financial contributor & member of EDC team  Integration with regional & State economic development organizations

16. Park Development Strategies New Business Attraction  Targeted marketing efforts –Materials science –IT/Software –Local/regional/state target industries  International business development –Explore Soft Landings designation

17. STAR Park 3055 Hunter Rd. San Marcos, Texas

18. November 2012

19. STAR One Reception Area

20. STAR One Conference Room

21. STAR One Collaboration Room

22. STAR One Wet Labs

23. Stephen Frayser, MBA Executive Director STAR Park Texas State University – San Marcos 3055 Hunter Road mail: 601 University Dr. JCK Box 35 San Marcos, TX 786566-4684 Direct: ( 512) 245-6434 Main: (512) 245-7827 Cell: (512) 417-6331 E-mail: s_f75@txstate.edu