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Exponential Impact Southern Colorado Seed to Scale Initiative

Exponential Impact Southern Colorado Seed to Scale Initiative. August 28, 2019. 2017: WINNING IN COLORADO SPRINGS & EL PASO COUNTY: A TRANSFORMATIVE STRATEGY FOR POSITIVE CHANGE. STRATEGY

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Exponential Impact Southern Colorado Seed to Scale Initiative

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  1. Exponential Impact Southern Colorado Seed to Scale Initiative August 28, 2019

  2. 2017: WINNING IN COLORADO SPRINGS & EL PASO COUNTY: A TRANSFORMATIVE STRATEGY FOR POSITIVE CHANGE STRATEGY Develop transformational, game changing assets and initiatives in key areas that support the region’s desire to attract and grow more economic activities in the area ACTION ITEMS #5. Create a culture, programs, and support infrastructure for entrepreneurship in El Paso County Seed investment, Mentoring, Office and R&D Incubator Space

  3. EXPONENTIAL IMPACT Give early stage entrepreneurs in emerging technologies the best start humanly possible Non-profit organization created to catalyze an entrepreneurial ecosystem of high-tech companies in Colorado Springs Focused on high growth potential companies in artificial intelligence, blockchain, and cybersecurity Brings together promising startups, seed funding, mentors and investors Called out in the 2017 Regional Economic Development Strategic Plan as top five needs in the region a 501c3

  4. BOARD OF DIRECTORS Vance Brown Betsy Brown Kyle Hybl Chris Jenkins Hannah Parsons TEAM ETHAN LAVIN HANNAH PARSONS Program Director CEO RACHAEL MAXWELL Operations Manager MIKE WAGLE Entrepreneur in Residence

  5. TECH VENTURES COS, LLC SOCIAL ENTERPRISE FUND PARTNER SEED FUND • $1,000,000 • Ten Units/Investors • Three Years • Accelerator only • 10% carry to support XI operations

  6. TECH VENTURES COS, LLC SOCIAL ENTERPRISE FUND YEAR ONE • Four companies • $140,000 Invested • $35,000 Average • Average 5.75% Equity

  7. TECH VENTURES COS, LLC SOCIAL ENTERPRISE FUND YEAR TWO • Seven companies • $250,000 Invested • $35,714 Average • Average 6.21% Equity

  8. What is an Accelerator? Cohort: Limited number of startup companies Set period of time: 14 Weeks Mentor Driven Culminates in Demo Day *Investment

  9. XI ACCELERATOR LAUNCH CAMP KICK OFF 14-WEEK PROGRAM DEMO DAY APRIL 15 - 18, 2019 JUNE 12, 2019 JUNE - SEPTEMBER SEPTEMBER 18, 2019 • Down Select • Meet the Teams • Program Preview • 12 Companies • Pitch Event • Select Participants • Target Investment • XI Venture Center • Welcome Teams • Live Music • Meet Community • Networking • Holistic Curriculum • Mentor Matching • Make Connections • Build & Grow • Pitch Practice • Community Investment • Investor Pitch • Community Pitch • Build New Relationships • Graduate XI Accelerator Program

  10. XI LAUNCH CAMP 2019 • 15 teams invited • 12 teams attended • Global reach from Colombia to Connecticut • Four days and three nights of mentoring, team building, and programming • Mentor roundtables, mentor happy hours, • Low ropes course, product development • Pitch Presentations • Final Selections Made

  11. XI ACCELERATOR 2019 COHORT

  12. XI ACCELERATOR 2019 COHORT CONTINUED

  13. SOUTHERN COLORADO SEED TO SCALE: PROGRAMS ACCELERATE AMPLIFY ASCEND APPRENTICE SEED STAGE SECOND STAGE THIRD STAGE WORKFORCE ENTREPRENEUR IN RESIDENCE • 14-Week Program • Tech Ventures COS • 8-12 Companies • Launch Camp • Kick Off • Summer Program • Demo Day • Curated mentorship • Team evaluations • Weekly check-ins • Coworking space • Six-month duration • Custom mentoring • Recruitment of full executive team • Weekly check-ins • Graduated workspace • Twelve-month duration • Two-years • PPWFC, UCCS, PPCC • UI/UX, database management, accounting, full-stack dev • Work for Startups

  14. SOUTHERN COLORADO SEED TO SCALE: REQUIREMENTS AMPLIFY ASCEND SECOND STAGE THIRD STAGE ACCELERATE SEED STAGE Story & Innovation, Health & Wellness, Awareness, Leadership Development, Organizational Excellence, Mentoring • Seeking $200,000+ • Qualified customers • Full time developer on staff • Development road map • Committed to holistic program • Seeking $1 million+ • Diversified revenue stream • 3 full time staff members • Plan for scalability • Committed to holistic program • Minimum viable product • Scalable Technology • Seeking equity investment • Full-time residential program • Committed to holistic program

  15. SPONSORS

  16. PARTNERS

  17. QUESTIONS

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