1. Cliff Reynolds Dennis Cocco February 28, 2008

2.  Partnership between Lorain County Community College, Lorain County Commissioners, Lorain County Chamber of Commerce, and Ohio Department of Development  Ohio’s only Edison Technology Incubator on a two-year college campus  Partner in Regional Economic Development Priorities  Focus: To support and grow entrepreneurs and companies to create and retain good jobs in Northeast Ohio Great Lakes Innovation and Development Enterprise

3. LORAIN COUNTY CHAMBER OF COMMERCE LORAIN COUNTY CHAMBER OF COMMERCE LORAIN COUNTY COMMUNITY COLLEGE LORAIN COUNTY COMMUNITY COLLEGE LORAIN COUNTY COMMISSIONERS LORAIN COUNTY COMMISSIONERS STATE OF OHIO GLIDE Partnership

4. GLIDE - Formation & History Concept Developed – October 2000 Funded locally – March 2001 Founded – May 2001 First Clients – January 2002 Edison State Technology Incubator – March 2006

5. Comprehensive Business Support System across the Innovation Continuum “We wrap effective business structures around great ideas”

6. CREATE SUPPORT A-HaSustainable Proof of Concept Exploration Validation GrowthOperations Start-Up DevelopmentConfirmation JOBS Innovation Continuum

7.  “Front Door” for entrepreneurs  No wrong door policy  Support for all entrepreneurs with focus on technology oriented businesses  Referral to appropriate resources Great Lakes Innovation and Development Enterprise

8.  Viability of Business  Review Business Structure  Review Pro-Forma Financials  Review Business Plan Output = Strengths/Weaknesses Business Assessment Process - Free Advanced Growth Services - Fee  Business Visioning and Strategic Planning  Entrepreneur and Business Start-up Governance and Support  Mergers and Acquisition Counsel for Small Businesses  Family Business Institute Great Lakes Innovation and Development Enterprise

9. If a technology-based company has a strong chance of success, we explore their becoming a GLIDE company 5 Steps in the GLIDE process: Business assessment GLIDE client – Wireless Environment Co-locate – Vasolux Rent– EIC – Banyan Technology, Clear Image Technology Build – Great Lakes Technology Park – Equity Trust GLIDE is unusual from all other Edison incubators in: Co-located and Non-Located Pay rent with jobs [1=12 months; 2=18 months] Great Lakes Innovation and Development Enterprise

10. GLIDE - Progress Entrepreneurs Touched >700 Businesses Advised >150 Businesses Coached for longer than 6 months 30 Independent Businesses Graduated 8 Total Revenue Growth of Client Companies>$43 million Jobs Created by Client Companies >475 Average Salary of Jobs Created $35,000 Total Add-on Investment $> 20 million

11. AssessedAssistedResourcesTotal% Change from Prior Yr Technology Based 93*1011114247 Other 74**1317104113 Total1672328218157 2006 AssessedAssistedResourcesTotal Technology Based377246 Other7531492 Total1121016138 2007 Glide Entrepreneurial Assistance Performance Calendar 2007 verses Calendar 2006

13. Ohio Thomas Edison Technology Incubators:  GLIDE (Lorain County)  MAGNET (Cleveland)  Akron Global Business Accelerator  Braintree (Mansfield)  Youngstown Business Incubator Northeast Ohio Incubator Collaborative Northeast Ohio Incubator Collaborative No borders...no boundaries...no barriers...

14. Lorain County: A Key Partner in Regional Economic Growth GLIDE (Great Lakes Innovation & Development Enterprise) MAGNET, JUMPSTART, & BIOENTERPRISE AKRON INDUSTRIAL INCUBATOR YOUNGSTOWN BUSINESS INCUBATOR BRAINTREE PARTNERS NORTHEAST OHIO ENTREPRENEURIAL COLLABORATIVE* *Collaborative led by NORTECH

15. Economic Results - NEOinc Portfolio (FY05-07)  $231 Million —Total Sales Revenue  $79 Million —Total Investment  681— Jobs Created  $90 Million —Total Payroll  39 — Patents Issued  102:1 — Leverage on Edison Funding* * (Sales Revenue + Investment)/Edison Funding

17. Equity Capital Continuum A-Ha Sustainable Proof of Concept Exploration Validation Growth Operations Start-Up Development Re-Position Venture Capital Funds Seed/Angel Investors

18. A-Ha Sustainable Proof of Concept Exploration Validation Growth Operations Start-Up Development Re-Position Venture Capital Funds Seed/Angel Investors GAP Equity Capital Continuum

19. A-Ha Sustainable Proof of Concept Exploration Validation Growth Operations Start-Up Development Re-Position Venture Capital Funds Seed/Angel Investors LCCC Foundation Innovation Fund Equity Capital Continuum

20. Regionally focused Unique fund in USA –Philanthropic - contributions are charitable –Educational component No match for proof-of-concept Dollar-for-dollar match for start- up Up to $100,000 Associated with GLIDE Awards are given quarterly Application available on line Proof-of-Concept/ Start-up Capital

21. 15 applicants evaluated Awarded $225,000 Successful Companies: –Vasolux -$100,000 –Wireless Environment -$100,000 –Nanomemetics -$25,000 Second cycle applications being assessed First Cycle of Funding Completed