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 Dave Alburty, CEO, InnovaPrep, LLC  Maria Meyers, Executive Director, KCSourceLink  Dr. Gary Clapp, President & CEO, Institute for Industrial and.

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Presentation on theme: " Dave Alburty, CEO, InnovaPrep, LLC  Maria Meyers, Executive Director, KCSourceLink  Dr. Gary Clapp, President & CEO, Institute for Industrial and."— Presentation transcript:

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2  Dave Alburty, CEO, InnovaPrep, LLC  Maria Meyers, Executive Director, KCSourceLink  Dr. Gary Clapp, President & CEO, Institute for Industrial and Applied Life Sciences  Dr. Jake Halliday, President & CEO, Missouri Innovation Center

3 MTC Background  Authorized by the Missouri General Assembly in 1994  Charged with leading the Missouri’s technology-based economic development efforts  Independent 501(c)(3) corporation led by 15- member board of directors

4  Research Capacity  Commercialization Programs  Talent  Capital  Infrastructure  Cluster Development  Expansion/Attraction  Workforce Development  Partnerships  Manufacturing Overview of MTC Programs

5 “The Macro to Micro Interface” Dave Alburty, CEO

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7 CONCENTRATE Our mission is to be a world-class provider of cutting edge solutions for sample collection, prep, and concentration that bridge the gap between the laboratory and real world environments.

8 Bioterrorism defense Drinking water Food & beverage Forensics Biotechnology Medical diagnostics Veterinary diagnostics Ultrapure water Pharmaceutical Drug discovery Other: Disease Control, Environ., etc.

9 Aerosol Collection, Liquid-to-Liquid Concentration & Automated Sample Preparation (Patents pending)

10 Microsieve cells Surface extractor Pipette tip concentrator Hand held extractor Bobcat air sampler Proprietary Information Covered by NDA

11 MOTIP Grants MTC Program Led to Successful EPA Phase 1 SBIR to develop a Million-X Drinking Water Concentration System to help detect pathogens First EPA SBIR for Missouri in several years

12 Low Interest Intellectual Property (Patent) loan MTC loan used to file for critical underlying technologies Total of 7 patents filed subsequently

13 KCSourceLink *A Missouri Innovation Center Maria Meyers, Executive Director

14 Universities & Tech Transfer Offices Corporations, R & D Efforts Small Business Development Support Investors & Capital Formation Intellectual Property & Legal 1-866-870-6500 www.mosourcelink.com

15 New Venture Growth Innovation Discovery Early Stage Commercialization Ongoing Venture Training and Counseling provided throughout the life of the business Business Service Providers University Research Centers University Tech Transfer Innovation Centers SBTDC Innovation Centers MoFAST Business Needs Technology and market assessment Access to management teams Proof of concept funding Phase 0 & SBIR Funding Angel investment Bridge loans Incubator Space Start-up assistance SBTDC Innovation Centers Missouri Enterprise Access to Venture Capital Commercialization Assistance Growth Space Professional Management Team SBTDC, MOPTAC Missouri Enterprise Implementation of commercial business practices; QC, HR, Legal, Finance Access to markets Venture capital Innovation-Led Business Long-term high growth potential 1-866-870-6500 www.mosourcelink.com

16 Small Business & Technology Development Centers (SBTDC) MOFast Innovation Centers Missouri Enterprise 1-866-870-6500 www.mosourcelink.com

17 Missouri Western State University Technology Incubator *A Missouri Innovation Center Gary E. Clapp, PhD

18  NBIA = National Business Incubation Association  Incubators: Two Main Categories  Mixed Use  Technology  For Profit/Not for Profit  University affiliated  Hybrid  Private

19  Successful Incubator Models  Characteristics  ROI  Rules/Steps for Incubator Success  10 Rules to Follow  Services  Facility  University  Private

20 Jake Halliday, PhD Missouri Innovation Center MU Life Science Business Incubator at Monsanto Place

21  Angel Investors  Centennial Investors (Mid-Missouri) 53 high net worth individuals Invest locally Invest individually  About $2 million invested  About 10 deals so far  MTC helped build investment capability  Business Plan Competitions  Under-recognized source of seed capital  Winnings over $1 million possible

22  EQUINOSIS, LLC  Equine lameness System  Business plan by MBA Class  Presented to Centennial Investors  $330,000 invested  SBIR funds - $700,000 (NSF)  Product in the market place  Royalties flowing to MU  Jobs created  Rent-paying incubator client

23  IMMUNOPHOTONICS, INC  Laser assisted immunotherapy for cancer  Flexible incentive by REDI ($25K)  Business plan by MBA Class  Presented to Centennial Investors  $350,000 invested  MTC assisting, low interest loan  Jobs created – MU MBA and PhD  Rent-paying incubator client

24  ADROIT MOTION, LLC  Laparoscopy hand device  Innovation by MU Biodesign  Sponsored by MTC  Business plan by MBA class  $40,000 in “winnings”  Used to complete prototyping  Presenting to Centennial Investors  October meeting  Rent-paying incubator client

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26 Questions?


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