2. TIMELINE August, 2003 Submitted Proposal to develop an Agricultural Innovation and Commercialization Center September, 2003 Awarded 1 of 10 grants for $1 million October, 2003 Identified Board of Directors December, 2003 Received Funding and Hired Cole Ehmke May, 2003 Hired Jane Anderson Since last October Developing and Implementing AICC products and services

3. Value Added Business Ventures Potential to increase income for agricultural producers and producer groups Challenge As many as 95% of new businesses fail in first 5 years Opportunity Assist in assessment of projects to increase chance of success

4. The purpose of AICC is to provide education on, assessment of, & shepherding of value-added products or processes from idea to value-added enterprise.

5. Partnership of New Ventures Team and Center for Food and Agricultural Business One year – partnership allows us to move quickly and combine resources from campus and the counties

6. Center for Food and Agricultural Business 17 years experience in Executive Education Educational Materials Development and Program Delivery New Ventures Team Team of County Educators and Campus Specialists Education and facilitation “one-on- one”

7. Center for Food and Agricultural Business Non-degree Programming Research Degree Programming -- EMBA AICC Joint Venture

8. New VenturesCAB

9. IDEA VALUE ADDED BUSINESS

10. IDEA IMPLEMENTATION VALUE ADDED BUSINESS ASSESSMENT

11. Initial activity of AICC to develop and test set of educational materials and protocols for assessment Web-based assessment tool Publications Training Seminars

15. Training Seminar for New Ventures Team August 25-26, 2004 – On Campus Public Training Seminar December 2-3, 2004 – Indianapolis

16. http://www.agecon.purdue.edu/newventures/ http://www.agecon.purdue.edu/aicc/