Georgia COI LS Director’s Blog


Category Archive

The following is a list of all entries from the Uncategorized category.

Blog Has Moved

The Georgia Center of Innovation for Life Sciences has moved to:
http://lifesciences.georgiainnovation.org/blog/list/1


Entrepreneur gets grant from Facebook

http://www.theglobeandmail.com/servlet/story/LAC.20090113.BREAKTHROUGH13//TPStory

He’s got game

Winning support – and a big chunk of cash – from an Internet giant is a dream come true for founder of online game company

No entrepreneur needs a reminder of how scarce capital is these days, but things may be toughest for startups – those that as yet lack customers and sales to prove to investors that someone out there wants what they peddle.

So the idea of free money from a tech giant, showing its confidence in your fledgling business, would seem the stuff of fantasy.

But Rob Balahura knows otherwise. The 37-year-old founder of J2Play in Waterloo, Ont., had spent two years building what he terms a “social wrapper” for online games – a way of allowing makers of PC, Web and cellphone games to distribute them on social networking websites such as Facebook or MySpace.

The technology offers game makers a compelling proposition. Instead of hawking their wares on Web portals such as Big Fish Games or Real Arcade, which keep as much as 80 per cent of the revenue, “we enable developers to republish their games on a new channel: the social Web, ” Mr. Balahura says.


Upcoming Events for Entrepreneurs in Georgia

Director’s Note:  I thought I would spread the word about some interesting events going on in Georgia for entrepreneurs.  Not all of these events are life science friendly, but I included them anyway for the technology related readers.  I shamelessly plagiarized the content of these websites in order to make it look like I worked harder on this submission to my blog than I really did.

 

SBIR Training in Georgia   

 

February 4, 5 and 11

Warner Robin, Savannah and Athens with a possible addition of an Augusta event

http://www.sbirga.com/

 

So, you’ve heard about SBIR and STTR but still a little fuzzy about how it works or if you qualify. Maybe you know about it, but have never actually submitted a proposal because it seems so daunting.  Maybe you’ve submitted a proposal but were unsuccessful and don’t understand why you didn’t receive an award.  Maybe we can help.
 
The SBIR Assistance Program for the State of Georgia will present this short workshop which will first give an overview of how the SBIR and STTR programs work and will help you decide if this is something you should get involved with. This includes who qualifies, what the participating federal agencies are looking for, what the intellectual property issues are, what the funding limits are, and what the timeline is.

 

The workshop then goes into what is involved in a preparing a competitive proposal for SBIR and STTR funding. How you approach the proposal, what points need to be addressed, how you construct the budget, examples of good and bad proposals and sources of assistance are covered. 

 

Attend one of the following SBIR/STTR Workshops in Georgia:

  • February 4th        Warner Robins
  • February 5th        Savannah
  • February 11th      Athens
  • An event in Augusta is also being planned

 

 

Startup Riot

 

Wednesday, February 18

Atlanta

http://www.startupriot.com

 

Attendance Policies

Who can attend?

Startup Riot is open to all investors (institutional and corporate VCs and angels), entrepreneurs, individuals looking for startup jobs, and large companies looking for partnerships and/or M&A opportunities.


Who can’t attend?

If you provide services to startups (attorneys, benefits, legal, etc.) you are NOT premitted to attend unless you are a part of a Startup Riot sponsoring organization. Individuals who have started service firms are included in this group of disallowed attendees. Finally, individuals who run pay-to-pitch organizations are absolutely NOT permitted to attend.

We are also not allowing anyone who works in a service industry but claims to be coming “on their own”. We had a bad experience last time and we aren’t doing that again.

Oh also, if you snuck into the event and either didn’t pay (and still refuse to pay) the registration fee or if you paid less than you should have (by way of deceit), you will be refused access from here on out. You know who you are.

 

 

StartupLounge

 

February 25, 2009

Atlanta

http://www.startuplounge.com/

 

Director’s Note:  In the interest of full disclosure, I think you should know that I am a shadow partner of StartupLounge.  I have been a part of this crew almost since the beginning.  I try to stay out of the limelight because Scott and Mike are huge divas.  It’s just easier to let them be “the talent”.  I wield my power under the cover of darkness.

  

Each quarter, StartupLounge.com hosts a private networking event for early-stage entrepreneurs and investors here in the Southeast. Formerly called “Capital Connections”, CapitalLounge is held in Atlanta, Georgia, and is attended by fast-growth entrepreneurs based in the Southeast U.S., as well as venture capital and angel investors from around the country.


The format is simple: cash bar, free gourmet food spread, lots of networking, several hundred vetted attendees, and no fees at the door.

Our goals behind the event are simple:

 

  • to provide an environment where early stage entrepreneurs can make connections with other like-minded entrepreneurs
  • to provide the opportunity for early-stage investors to meet and mingle with early-stage entrepreneurs
  • to provide an environment that is free of service-providers, brokers, consultants, job-seekers, and other such solicitations
  • to play a role in boosting the entrepreneurial/startup footprint of the southeast
  • to provide a centrally-located venue for attendees in the Atlanta area (perimeter, rather than downtown)
  • to facilitate this event at no cost to the participants


Who may attend?

If you fall into any of the following professional categories, you may be eligible to attend the CapitalLounge event. You will still need to apply online, however, in order to be considered.

For a more in-depth look at the deal selection process, click here.

 

  • An early-stage (fast growth) entrepreneur located within the Southeastern United States (Georgia, the Carolinas, Florida, Alabama, Tennessee, Kentucky). Note: this is not the same as a “small business entrepreneur.” We want people who are swinging for the fences, not starting a sandwich shop (nothing wrong with the latter, mind you, that just isn’t our focus.) Bootstrappers and holders of idea-napkins are welcome to apply as well!
  • A later-stage entrepreneur seeking expansion capital or new network contacts (again, must be based in the S.E.)
  • An accredited venture capitalist
  • An accredited angel investor (as defined by the SEC: someone who earns over $200,000 a year for three years or for two years if they have a reasonable expectation of earning more than $200,000 in the current year or someone who has net worth in excess of $1 million.)
  • An observer (e.g. media, professor, etc.)
  • Some combination of the above (e.g. a successful entrepreneur looking to make an angel investment)


Please note that we define a “fast-growth” venture as one that will eventually employ between 20 and 500 people, have sales growth of at least 20 percent projected each year for four straight years, and target five-year revenue projections between $10 and $50 million. Typical industries would include (but are not limited to) information technology, healthcare, life sciences/biotech, pharmaceutical, energy/cleantech, and new media.

Who is not targeted for this event?

As the focus is on connecting entrepreneurs with other like-minded entrepreneurs and risk-focused investors, service providers, including, but not limited to, business brokers, attorneys, accountants, staffing companies, offshore service providers, marketers, IT services companies, and consultants, will not be allowed to attend. This is also not an event for job-seekers!

All investor attendees must clearly demonstrate a substantial risk component within their model (i.e. traditional venture capital, angel investing, etc.) As such, fee-based capital brokers, “pay-to-pitch” entities, debt providers (including banks), and other such organizations will not be permitted to attend.

 

Southeast Venture Conference

 

March 11-12. 2009

Atlanta

http://www.seventure.org/index.html

 

The third annual Southeast Venture Conference (SEVC) showcases the most promising emerging technology firms in the southeast region and provides these companies with unmatched exposure to the region’s top venture capitalists and private equity investors.

The SEVC strives to support entrepreneurial activity, innovation, and the resultant economic development of the Southeast, while understanding the importance of investment capital to those goals.

Presented by TechJournal South, the business publication of the southeast’s technology community, the SEVC promotes networking and interaction among the leaders of tomorrow’s economy.


SBIR/STTR Training Opportunities in Georgia

 

SBIR/STTR Training Opportunities in Georgia

February 2009 Training

 

 

 

Training Schedule

·         Warner Robins

·         Savannah

·         Athens

 

 

 

In this competitive age, a financial boost from a federal agency can be just what a company needs to take its technology to the next level with the goal of eventually commercializing it.

 

Come learn how! 

 

The federal Small Business Innovation Research (SBIR) Program and its parallel Small Business Technology Transfer (STTR) Program provide more than $2 billion a year to small companies that are developing leading-edge technologies of interest to federal agencies.  These programs provide companies with seed capital of up to $850,000 to develop technologies that can lead to commercial products.

 

Learn to write effective SBIR/STTR proposals.  Attend one of the following SBIR/STTR Workshops held around Georgia.

Warner Robins, GA

February 4, 2009

 

Where:

Georgia Tech offices
151 Osigian Boulevard
Warner Robins, GA 31088

(East side of building facing towards Byrd Way) 

 

Time:

Registration: 8:30 am

Workshop:   9:00 am – noon

 

Partner:

UGA Small Business Development Center

 

Register 

 

Savannah, GA

February 5, 2009

 

Where:

The Creative Coast 
131 Hutchinson Island Road, 4th Floor
Savannah, GA 31421

 

Time:

SBIR Overview: 11:30 am -1:00 pm

Preparing a competitive proposal: 1:15 pm – 3:00 pm

 

Partner:

The Creative Coast

 

Register

 

Directions:From Savannah cross the Talmadge Bridge.  Exit at the bottom of the bridge at Hutchinson Island/Convention Center.  Stay in the right hand lane but veer left at the fork onto Wayne Shackelford Blvd.  Make the first right turn.  Continue straight and turn left into SEDA Building parking lot. 

 

Athens, GA

February11, 2009
 
Where:
UGA Small Business Development Center 
1180 E. Broad Street–Chicopee Complex

Athens, GA 30602
 
Time:
Registration: 8:00 am -8:30 am
Workshop: 8:30 am - noon

 
Partner:
UGA Small Business Development Center

 
Register 

 

 

 
 

SBIR Assistance Program for the State of Georgia

75 5th Street, Suite 202

Atlanta, Georgia 30308-0390

 

Connie Ruffner

Georgia’s SBIR Assistance Program is here to help you.  We are a state-funded program located within the Commercialization Services Division of the Enterprise Innovation Institute of Georgia Tech.  Although we are physically located on the campus of Georgia Tech, our services are available at NO COST to companies and researchers across the state regardless of university affiliation (or no affiliation at all).  Let us know how we can help! 

 

For up-to-date SBIR information, check out our Blog, SBIRGA.com

 

 


2 Upcoming Events for Entrepreneurs

Here are a couple of events this week that would be useful for entrepreneurs to attend.

MIT Enterprise Forum of Atlanta

Run It By The Pros – A Member’s Only Event :

MIT Enterprise Forum Members are invited to attend our upcoming “Run It By The Pros” workshop to be held January 7, 2009. At this event 3 new companies will present their business plans to a panel of experts. Hosted by Sutherland LLP, 999 Peachtree Street NW; 3:30 p.m. – 7:00 p.m. Seating is limited.  http://www.mitforum-atlanta.org/events/2009/01_07_09.php

The MIT Enterprise Forum of Atlanta is a volunteer, non-profit organization whose mission is to provide educational programs and services that promote and strengthen innovation and entrepreneurship at the intersection of business and technology in the Southeast.

 

_________________________________________________

 

GeorgiaBio – Emerging Company Committee

Aggressive Strategies in the Current Market

 http://www.gabio.org/event_details.aspx?refid=1&id=147

January 6, 2009 4-6 pm

GTRI Conference Center

250 14th Street, NW Atlanta, GA 30318

Contact: GaBio Business Office at 404-221-0617

admin@gabio.org

 

Description: This panel will focus on the impact that the current global economic climate is having and possibly will have on the life science industry.  Specifically there will be a focus on the way that the industry is adapting to changing market conditions. Leading global industry consultants will offer a view on the industry as a whole and the current financial land and Georgia companies will discuss some of the creative ways that their business have progressed.  Panel to be followed by wine and cheese networking reception.

 

Panelists

Hector G. Calzada, Jr., Director, Deloitte Financial Advisory Services LLP

Jim Heitner, Partner, Georgia Venture Partners

Rebecca J Kaufman (Becky), Partner, King and Spalding, LLC.

Bill Luallen, Partner, PricewaterhouseCoopers

Nina Sawczuk, MS, MBA – Co-Founder and CEO, Zygogen, LLC.


GA entrepreneur gets national press just in time for the holidays

See this article on Market Watch to read about the success of a Georgia entrepreneur.  http://www.marketwatch.com/news/story/Philanthropy-Gift-Cards-With-a/story.aspx?guid=%7B42FA8C96-39DA-40BB-B78D-25774B2C3E75%7D

Philanthropy Gift Cards, With a Twist – Sold at H-E-B

ATLANTA, Nov 13, 2008 /PRNewswire via COMTEX/ — Givft.org announced that its charity donation gift cards known as a Givfts (pronounced ‘gift’ and means ‘the gift of giving’) will be available at H-E-B starting the week of Nov. 17.
According to the 2008 National Retail Federation survey, more than half of all consumers say they plan to buy gift cards this holiday season. Shoppers like gift cards mainly because they are easy to buy and they give the recipient a choice.
Seizing on the popularity of gift cards, Givft.org has merged the gift card concept with another valued tradition, charitable donations made in honor of another. Givft donation cards are similar to merchant gift cards, but rather than buying things at a store, the recipient goes on-line to select a charity beneficiary. A Givft serves a dual purpose, it is a gift to a friend and a gift to society.
“Many people realize that giving somebody another tie or scarf that they don’t necessarily want or need is not as gratifying as giving them the opportunity support a cause they care about,” said Alana Berlin, creator of Givft donation cards. “As a gift that gives back, Givft donation cards provide a positive experience for both the giver and the recipient.”
Givft cards will be available at H-E-B next week and will cost a $25 tax deductible donation plus a $2.95 (non tax deductible) activation fee. One hundred percent of the Givft donation goes to the charity. H-E-B will provide the purchaser with a receipt that can be used for tax deduction purposes.
The Givft card recipient later visits www.givft.org to choose a charity. Givft.org offers a screened list of charities that reflect a range of causes that are conveniently divided into a variety of categories such as Children, Environment and Hunger Relief, among others.
About Givft.org
Founded in 2005, Givft.org is a social enterprise with a charitable mission and intent to be self-sustaining. With the use of our patent pending donation gift cards, Givft.org aspires to harness the power of retail and corporate gift markets to generate resources for social good. The goals are to raise philanthropic awareness, enable consumers to reduce wasteful gift spending and generate donations for the many non-profit organizations working to better our world. For more information, please visit www.givft.org or contact us.
SOURCE Givft.org