A Technology Innovation Networking Event For Entrepreneurs and Small Manufacturing Firms
Our Mission:
Our event’s mission is to increase the rate of new product development and high technology new business creation in the RTP regional economy. We call this mission increasing the pipeline of tech deals in the Triangle.
Our Business Method involves 4 steps in the deal pipeline life-cycle:
| Deal Mapping |
Deal Creation |
Deal Funding |
Deal Exits |
| The RTP Tech Event @Goodnight’s |
The RTP Business
Formation Peer Support Network
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The RTP Inventors
Peer Support Network
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The RTP Product Development Guild |
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Our Focus On Innovation In The Nine RTP High Tech Value Chains
Monthly Presentations From Executives Innovation and R&D Panel of
Selected From Two Sectors Experts
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Small RTP Manufacturing Firms In Nine High Tech Clusters Discuss Technology Trends and Markets in Their Sectors
- Information technology and instruments
- Communications services and software
- Chemicals and plastics
- Pharmaceuticals and medical technologies
- Industrial machinery
- Aerospace
- Hospitals, labs and specialized medical services
- Printing and publishing
- Wood products
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Executives From Large Corporations Provide Analysis on Technological Cross Over Ideas Based Upon the Presentations
- Radical Technology Cross Over
- Sustaining Innovation in existing Products
- New Market Emergence
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Audience of entrepreneurs, scientists, engineers, product development firms participate in dialogue and discussion after panel provides analysis.
At end of the event, attendees seek out networking support groups to find peer support for their ideas.
About the Monthly Tech Event: A New RTP Deal
Mapping Network
Each month, executives from local manufacturing firms, product development engineers and people with ideas for new products and companies get together to discuss what kinds of new ventures or new products may be successful in the RTP market.
Part of the meeting is social networking at a fun place, and part of the meeting is structured around technology trends and markets in the nine high technology industrial clusters located in RTP.
It is like a big brain-storming session on tech ideas that may work in the RTP regional economy, and we call this type of event “deal mapping.”
How It Works:
The RTP economy has nine high tech industrial clusters, also called value chains, comprised of small companies and global companies who trade goods and services with each other.
When technology from one industrial cluster crosses over to another cluster, the result is often a new product or a new venture. These new products and companies get started when people from different clusters get together to share ideas.
Each month ‘s session will feature executives from local firms selected from two different industrial clusters who will give a 15 minute presentation on technology and market trends in their industry. After their presentations, a panel will discuss what they see as the greatest technology cross-over opportunities between the two sectors.
Attendees will be given an opportunity to join the discussion, with the hope that members of the audience will meet each other to discuss innovation opportunities.
Each month will feature a 10 minute presentation called “Your 10 Minutes Of Fame At Goodnight’s” where an entrepreneur can make a pitch about a new product or business idea.
What Happens After The Session Ends: The Deal Creation Peer Support Networks
At each session, three other business support networks will be present to offer their services:
- The RTP Business Formation Peer Support Network for people with vague ideas for a new product who would like a peer support group to help conceptualize the business plan.
- The RTP Inventor’s Peer Support Network, for people who have a concrete idea for a business and are ready for more formal help with intellectual property issues that are involved in getting the business launched.
- The RTP Product Development Guild, a professional consortium of product design and prototyping firms who offer comprehensive support in commercializing a technological innovation.
The main goal of each peer support group is to plug entrepreneurs and small manufacturing firms into a business support network so that the rate of successful technological innovation deals goes up and the failure rate for new ventures goes down.
Other attendees can talk to each other and discuss possible team formation. Both the bar and the Grille at Goodnight’s will be open so that attendees can continue their discussions in either venue.
Who Should Attend the Monthly Tech Event:
1. CEOs and execs from the small high tech manufacturing firms in the selected industrial clusters.
2. Local scientists, engineers, technicians and latent entrepreneurs with innovative ideas.
3. Local angel investor groups, venture capitalists, commercial bankers, members of the private capital markets who are searching for deals.
4. Product Development firms, engineering consultants who have services to offer.
5. University tech transfer agents and private tech transfer consultants who provide expert advice on the tech commercialization process.
6. Local larger corporate executives and university professors who serve as industry experts on the panels.
7. Local third party vendors and professional service providers involved in the new venture creation process.
Sponsorship, Advertising and Marketing Opportunities
- Monthly corporate or business sponsors. $500 per event, with table exhibit and 5 minute presentation from the stage.
- Event exhibitors and table top booths. $200 per event, limited to five exhibitors per event.
- Web and print advertising on Special Web Page at Carolina Newswire http://www.carolinanewswire.com/
- RTP Product Pipeline columns on regional business media website discusses upcoming events
- Media partner promotion and straight news reporting
- Liaison to talk radio media and other media to promote event series
- Press release distribution to state and national media outlets and internet media sites covering technological innovation.
Cost to Attend and Participate:
- $10 cover charge collected at the door covers first drink and discount on ticket to that nights comedy club presentation at Goodnight’s.
- Event registration at Meet Up.com RTP Technology Innovation Network MeetUp.
- Membership in the Network by annual dues $50. First meeting “free look” available without joining.
- Online PayPal system for sponsors, exhibitors and at http://investmentadvisorwebsites.com/E-ItemListing.cfm
First Event Scheduled for Mid August 2008
- Local manufacturing firms from two industrial clusters
- SIC 24 and 25. All woodworking, furniture, cabinetry firms
- SIC 35. Precision tool firms.
- Larger firms as panelists
- Medical Instruments
- Communications Equipment
Event Management by The Private Capital Market, Inc., a global capital market platform for raising small amounts of capital.
