Growing Oklahoma’s Entrepreneurial Economy December 16 th and 17 th 2010
Mission Home grown economic development by nurturing the growth of advanced technology companies in Oklahoma… by providing Business & Advisory Services, Access to Capital, and Entrepreneurial Development Other Advanced Materials IT/Software Energy & Environmental Life Sciences
About i2E Legal Description: Private not for profit For Profit Subsidiaries Service Area: Oklahoma Formed: 1998 Staff: 17 Board of Directors: 26 Oklahoma leaders: business, academic and government
Community Impact • 30% job growth rate 2007 ‐ 2010 • Nearly $200 million in annualized revenues • $65,000 average annual wage • 350 new products and services
i2E Financials $2,901,148
National Certification
Team Expertise
Our Focus To support the needs of entrepreneurs and researchers and advance Oklahoma’s technology-based entrepreneurial economy through our Business & Advisory Services, Access to Capital, and Entrepreneurial Development
The Capital Lifecycle MATURITY GROWTH IDEA PROFIT PROOF –OF ‐ CONCEPT BREAK EVEN TIME SEED START ‐ UP EARLY
…a catalyst for growth by providing Business & Advisory expertise.
…growing companies and investment resources through targeted Access to Capital initiatives. • 101 Companies • 70% Survive • 38% Financed by paybacks • $9.5MM Leveraged $250MM in private investment • 14 Rounds Staged • 7 Companies Approach • $4MM Leveraged $18MM in private investment • Growing group SeedStep Angels • Closed 3 Deals • Targets group in 400 mile driving radius
…increasing the capacity of start ‐ ups through Entrepreneurial Development.
Service Results • 115 Direct Investments • Leveraged $400M in private investment • 150 Entrepreneurs Supported Annually • 300 College Students Reached Annually • 10 Fellowships • 90% of all VC deals last 10 years
Success Stories SELEXYS PHARMCEUTICAL;S AMETHYST RESEARH, INC. SOUTHWEST NANO TECHNOLOGIES
Website and Social Media
Media and Publications
National Awards
Partners
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