17 - dallasdallascityhall.com/government/council meeting documents/eco_4_innovation...• chief...

17

Dallas, the Impact City

Salah Boukadoum

Founder, Impact City Initiative

November 7, 2016

Economic Development Committee


attract talenteconomic opportunitysolve local challengesbuild the city core

attract capital

Opportunity

2

global leadershipkey purpose

scale human solutions

Opportunity+


3

Social

challenges


Market

opportunities

nonprofit business

4


Impact

Organizations

financially sustainable

key human purpose

no side effects

5

10,000+impact organizations


6

Here comes the

Atlanta

Boston

Seattle

Detroit

San Francisco

Denver

New York

Silicon Valley of Impact


7

Gates

Ford

USAID

Kresge

Capital: Big Bets


8

will be our number one

competitive advantage

Talent: Purpose


9

Capital

Industry

Education

Entrepreneurs

Professional Services

Media

Religious Institutions

CulturalState Government

Federal Government

City/County Government

Civic Institutions

Nonprofits

Citizens

Foundations


10

For Our City


economic opportunitysolve local challenges

build the city core

11

No time to wait


12

[email protected]


Salah Boukadoum

Founder, Impact City Initiative

13

Dallas Innovation Alliance: Economic Development Committee

November 7, 2016

14

About the Dallas Innovation Alliance

After much collaboration with the City, including City Manager Gonzales and CIO Bill Finch, the DIA officially launched in September 2015 at the White House.

The Dallas Innovation Alliance (DIA) is a not-for-profit public-private partnership invested in Dallas’ continued evolution as an forward-thinking, ‘smart’ global city.

City of Dallas Academia

CorporateCivic/

Nonprofit15

Organizational Mission

Develop a scalable smart cities model for the City of Dallas that leverages our distinctive strengths for the benefit of Dallas that leaves a legacy of innovation, sustainability and collaboration for future generations. Our initial pilot project is

designed to impact a neighborhood district in Downtown Dallas (West End), then adapt and replicate in other parts across the City of Dallas.

16

What is a Smart City?

The DIA operates from the definition that a Smart City is one where social and technological solutions facilitate sustainable economic growth, increase resource

efficiency, and importantly, improves the quality of life for its citizens.

--Founding partners --

Wh

y? It's not if, but when H

ow

? Multi-phased approach:proof of concept, learnings, then expansion

Wh

ere

? A living lab pilot zone in the Central Business District

17

Smart City Benefits

Economic DevelopmentEconomic Development

Internal Efficiencies

Exposure

Education

18

EducationEfficiency

EquityExposure

Designing the Approach for Dallas

19

Research

Ideate

Align

Design

Execute

Measure

Phase I Projects – Available, Actionable, Achievable

Infrastructure

--Buildings

--Energy

--Water

--Lighting

Mobility

--Integrated transit solutions

--Parking

--Bike lanes

Connected Living

--Fiber Access

--Smart Home/ Office

--Green Spaces

--Data Activation 20

Phase I Living Lab: The West End

21

About The Living LabIncorporate 5-7 smart city projects into a Living Lab in the West End of Downtown Dallas. These include smart lighting, waste management, digital citizen-centric kiosks, smart irrigation, smart parking and public Wi-Fi/network infrastructureDifferentiation: Create the first fully integrated smart city initiative to capture insights across data streams.Phase I Living Lab Scope: Four block corridor along North Market Street in the West End Testing against KPIs around economic development, energy and water cost and usage, public safety, transportation and others

West End Living Lab Objectives:

• Differentiate Dallas as a leader in smart cities innovation• Launch a fully integrated pilot program in the West End to help the city leverage technology and community

solutions to improve public safety, grow business, drive sustainability and make Dallas a better place to live, work, play and learn.

• Utilize pilot results to present a case study and sustainable financial model to the city for scaled deployment.• Develop an international marketing plan for Dallas, utilizing the living lab as an entry point into the innovation

happening all across Dallas.• Undertake a phased approach for deployment, with Phase 1 of the Living Lab launched in December 2016.

22

Building Momentum in the West End

1023

Phase I Projects

Focus On: Infrastructure Upgrades and IoT Sensors, Energy, Mobility/Parking, Public Safety, Citizen Engagement, Public Wifi

Intelligent LED LightingWaste Management

Interactive Digital KiosksWi-Fi and Network Connectivity

Smart Parking and Electric Vehicle ChargingSmart Irrigation

Open Source PlatformEnd-to-End Mobility Solution

24

Phase I: Project Areas Defined

Focus On: Infrastructure Upgrades and IoT Sensors, Public Safety, Citizen Engagement, Energy, Mobility/Parking, Public Wifi

Intelligent LED Lighting: Street lights in the living lab along Market Street will be converted to LED

and will be on intelligent controls for remote adjustments and outage tracking. Sensors

measuring environmental levels, including air quality, and crowd/noise detection are also

available.

Waste Management: Solar-powered waste management system increases capacity and productivity, with sensors providing data so

that trashcans are only emptied when they are full, decreasing CO2 emissions and overall

cost. 25


Interactive Digital Kiosks will be deployed in the West End, which will provide a key focal point for citizen engagement. Alongside

delivery of public information and services, provision of public Wi-Fi, emergency services, and wayfinding /transit options. Additional open source platform possible to provide a key application allowing

for direct engagement with the city, events and services. The internal software is being customized to fit Dallas’ needs.

26


Smart Parking: Infrastructure will be installed allowing for monitoring and visibility into available parking options, with the potential to locate and reserve parking ahead of time. Benefits include an improved citizen experience, increased

parking utilization rates and decreased traffic congestion/CO2 emissions. A large proportion of urban congestion is directly

related to cars looking for parking.

Network Connectivity: Fiber and cellular networks will provide full coverage, powering the

living lab. Public Wi-Fi will be available in the West End living lab.

27


Smart Irrigation: Demonstrate water and maintenance savings, and department efficiencies via a smart

irrigation system deployed at a City park.

Open Source Platform: A open source software platform will aggregate, analyze and visualize data, and provide opportunities for citizens,

entrepreneurs and organizations to build smart city applications on top of the platform.

28


End-to-End Mobility App: Working with key partners, the Dallas Innovation Alliance will facilitate an end-to-end mobility application, allowing citizens a single point solution, incorporating all modes of transit, including: mass transit, car, rideshare, bike sharing, walking and smart parking solutions. Benefits include ability to weigh mixed modes of transit, choose your journey based on user priority including length of trip, cost of trip

or taking the greenest possible option. [Phase II] 29

Phase I: City Department Collaboration

The City of Dallas has been an active partner throughout the formation of DIA, and the planning for the Living Lab. We have been actively working with departmental leadership across the city, including:

• City Manager’s Office; primary contacts:ACM Mark McDanielACM Ryan EvansACM Jill Jordan

• Chief Resiliency Officer Theresa O’Donnell• City Attorney• Communication and Information Services Bill Finch• Dallas Police Department• Dallas Water Utilities• Economic Development• Historic Preservation and Landmark Commission• Mobility and Street Services• Planning• Sustainable Development & Construction• Parks & Recreation 30

Post Pilot: Phase II – Adapt, Expand, Replicate• Measure results to identify successes and areas of

improvement

• Adapt strategy and program design based on Phase I data insights

• Identify top ‘plug and play’ tactics to drive early efficiencies of scale

• Educate communities and property owners, incorporate smart city practicum into classroom and research settings

Adapt

• Expand Phase I project pillars for West End rollout

• Identify additional geographic areas and tactics for expansion across the city

• Begin to replicate implementation of core Phase I tactics to additional geographic areas

• Expand DIA partnership base and collaborators

Expand & Replicate

31

Members of the Dallas Innovation Alliance

36

Dallas Innovation Alliance: Contact

Jennifer Sanders, Executive Director and Co-Founder

[email protected]

(214) 865-6358 (o)

(214) 909-0400 (c)

37

mailto:[email protected]

Dallas - Economic Development

Committee 11/7/2016

38

ABOUT US

Starting as a healthcare

startup accelerator with

just 10 companies in

2013, our portfolio has

grown to 42 companies

who have raised over

$20M.

We are proud to maintain a network of

150+ healthcare investors and mentors.

Our graduate companies have

hometowns in 15 US and 2

international cities.

17

Our 12 week accelerator program focuses on four key

elements:

Education

Workspace

Business

ResourcesMentorship

150+

$20M

42

39

Hubert Zajicek, M.D. Clay Heighten, M.D. Carl Soderstrom

CEO, Co-Founder & Partner Co-Founder & Partner Co-Founder & Partner

Christy Torres

Marketing Coordinator

Fiona Schlachter

VP of Programming

LEADERSHIP

STAFFHealth Wildcatters has two staff

members, several interns, and

works closely with HCK2 for PR

efforts.

40

MENTORS

Jeffrey Adelglass, M.D., David Albert, M.D., Kirk Anderson,

Azam Anwar MD, Mike Bartlett, Jesse Beck, Jay Bhaumik,

Eric Bing, Chad Birckelbaw, John Boaz, Rob Branham,

Nicole Brilakis, Robert Brownd, Michael Carr, Clay Cockerell

MD, Adam Cohen, Scott Conard MD, Michael Cope, Nathan

Cortez, Christopher Crow MD, Joe Cunningham MD, Stephen

Curtis, Ph.D., Chase Curtiss, Joe D’Cruz, Dennis Dayman,

Mark Denissen, Elyse Dickerson, Dan Dodson, Rebecca

Dubowy MD, Patrick Dunnigan, Ray Estep, Robert Faber,

Mark Flanigan, Michael Florimbi, Harriett Flowers, Kevin

Freeman, Jake Frost, Darshan Gandhi, MD, Woody Gandy

MD, Janice Gentsch, Mary Jean Geroulo, Arlo Gilbert,

Michael Gorton, Peter Gottlieb, Mark Harbut, Chad Hebel,

Clay Heighten MD, Ron Herbert, Paul Herchman, Matt

Himelfarb, Tricia Holderman, David Humphrey, Scott

Jacobson, Dan Janiak, Jim Janicki, Steve Kearney, Kishore

Khandavalli, Charley Kiser, Mark Kraemer, Melissa Krauth,

Mark Kruzel MD, Ray Larson, Jennifer Lee, Harold R Levine

II, James Loomstein, Kenneth Lowe, Dave Marshall, Michael

Martin, Eric McGehearty, Carter McNabb, Andrew Menter,

Carter Meyer, Sarosh Nayar, Lea Nesbit, Cortney Nicolato,

CPHIT, Jay Oyakawa, William Paiva, Nick Pauleit, Aaron

Perkins, Adam Persiani, Charlie Plauche, PJ Putnam, JD,

John Reed, Jeff Reich, Jim Rellas MD, Homero Rivas MD,

Frank Roby, Eric Rock, Hal Rose, Will Rosellini, Sean

Schantzen, Ryan Scripps, Raki Shah, Steven Shapiro MD,

Jason Signor, Neil Smiley, Scott Smith, Wendy Smith, Jeff

Smith, Carl Soderstrom, Carl W Soderstrom MD, Mark

Stachiw, Dave Stiles, Linda Stimmel, Michael Stoltz MD,

Susan Stretesky, David Sym-Smith, Jose Tabuena, Brad

Taylor, Clark Terrill, Tim Thomasson, DJ Verret MD, Michael

41

SPONSORS

42

ANNUAL HIGHLIGHTS

PITCH DAY

Ten teams from the 2015 class

pitched to over 500 people at the

Majestic Theatre in downtown Dallas

(the live mariachis were a fun

surprise).

We grew our team, expanded the size of our events, and increased our participation in the North Texas health innovation ecosystem. We

were named the top healthcare-focused accelerator in the Southwest and one of the top 3 in the US in a study called the Seed

Accelerator Rankings Project performed by a team of researchers from Rice University, MIT, and the University of Richmond. The

rankings are based on data related to valuation, qualified fundraising, founder satisfaction, alumni network among, and more. The 2015

class was our most diverse yet and the Pitch Day audience was the largest to date. We added an annual membership option to the Pulse

breakfast series. Over 500 people have attended the Pulse since launching it in February 2015.

THE PULSE

A $99 annual membership option

created. 500+ registrations since

launching in February 2015.

TOPACCELERATOR

HW named the top healthcare-

focused accelerator in the Southwest

and one of the top 3 the US by the

Seed Accelerator RankingsProject.

2016 TOP ACCELERATOR PROGRAMS

43

www.graphicriver.net/goashape44

http://www.graphicriver.net/goashape

ANNUAL HIGHLIGHTS continued

Health Wildcatters had a much larger role in the second SX Health & MedTech Expo held during the first weekend of the South by

Southwest Interactive conference. Eight of our portfolio companies joined us and experienced everything from seeing Senator John

Cornyn check out the expo to afternoon wine tasting to showcase The Wand™ by PureWine. We led the organizer team for the health

track of Dallas Startup Week for the second year. The health sessions attracted the most attendees of the conference and we can’t thank

our mentors and friends enough for being part of this excellent event. We also teamed up with the 9th annual Healthcare Dealmakers

Conference to host a pitch competition with a $5000 prize.

SX HEALTH & MEDTECH EXPO

Tradeshow over two days during the

South by Southwest Interactive

conference. Eight HW portfolio

companies and the HW team filled a

large booth with 1500+ visitors.

HEALTHCARE INNOVATION

PITCH COMPETITION

78 companies applied for 12 slots to

pitch to as many as 200 VC and PE

investors and a chance to win the

$5000 first prize at the the invitation-

only HealthcareDealmakers

Conference.

DALLAS STARTUP WEEK

HEALTH SESSIONS

HW led the organizer team to plan 10

health sessions for DSW16. Many of our

mentors were panelists on topics ranging

from raising your seed round to the future

of wearables. The health sessions had the

highest recorded attendance atDSW16!

45

Startup Week – Health track

We led the organizer team for the health track of Dallas Startup Week for the second year. The health sessions attracted the most

attendees of the conference and we can’t thank our mentors and friends enough for being part of this excellentevent.

DALLAS STARTUP WEEK HEALTH

SESSIONS

HW led the organizer team to plan 10

health sessions for DSW16. Many of our

mentors were panelists on topics ranging

from raising your seed round to the future

of wearables. The health sessions had the

highest recorded attendance atDSW16!

46

Ran from Tue 4/12 until Sat 4/16 (rather than Mon-Fri in 2015)

11 events (over 100 total)

491 registrations for HC(14 different tracks total but Health had highest attendee

tracking)

Over 2000 total

April 3-7, 2017

Startup Week – Health track

47

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Dallas StartupWeek

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# C H A S EBASECAMP

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48

MEDIA REACH

Health Wildcatters maintains excellent relationships with several media outlets. We manage social

media profiles with thousands of followers across Facebook, Twitter, LinkedIn, and Instagram.

51

FUND I: CLASS OF 2013

52

FUND I: SELECTED HIGHLIGHTS

Socrates Health Solutions

Douglas Sutherland, former Chief

Financial Officer of Skype during its

acquisition by Ebay, joined the board.

They have established a technical

working relationship with Texas

Instruments and have been added to the

Lyfebulb company portfolio. Lyfebulb is a

New York based firm whose mission is to

improve the quality of life for people living

with chronic disease. This relationship will

prove to be important for the company

going forward from a fundraising,

awareness, and regulatory perspective.

Cariloop

Cariloop will release the next version of

their platform in June and is working on

converting 30-40 employers in their

pipeline to paying customers. They have

raised an additional $350k in Q4 2015

and are raising $1.2M in 2016. Cariloop

also released testimonial and brand

identity videos in May 2016.

NeuroTek Medical

NeuroTek Medical was acquired by Nexeon

MedSystems in April 2016 and is the first exit

for Health Wildcatters. Nexeon has existing

research programs using similar technology

to treat cardiovascular disease, cognitive

enhancement, and sepsis; the NeuroTek

platform will accelerate and enhance the

clinical studies associated with these

programs. The NeuroTek migraine product

TONES™ is undergoing a rigorous clinical

trial and engineering development protocol

to facilitate FDA clearance, and ultimately,

increase patient access to this therapeutic

option.

53

FUND II: CLASS OF 2014

54

FUND II: SELECTED HIGHLIGHTS

Silicone Arts Laboratories

Silicone Arts Laboratories was granted a

U.S. utility patent for the Dermaflage

product - Methods for Disguising

Dermatological Blemishes. They were

featured in a TV episode of The Doctors

in a segment called “Put it to the Test”.

This exposure resulted in a 300%

increase in e-commerce revenue for each

month. They also launched ScarScreen,

the first sunscreen marketed specifically

to conceal scars and prevent

hyperpigmentation.

The Wand by PureWine

PureWine has renamed its product The

Wand™. The product filters out sulfites

and histamines without affecting taste.

They started selling direct to consumers

in April 2016. They have raised $1.3M at

a $15M valuation and moved their

headquarters to Grapevine (!). They

have established partnerships with 3

wineries, 20 restaurants and wine bars,

and Goody Goody for retail. They will

appear on The Doctors in May 2016.

Sintact Medical Systems

Sintact Medical Systems has obtained a

US utility patent for their core technology

and an exclusive licensing agreement from

Northwestern University. They have

completed 3 animal studies and were

awarded an NSF SBIR Phase 1B grant for

$30,000. They have also published a

paper about their technology in Nanoscale,

a peer reviewed journal publishing

experimental and theoretical work across

the breadth of nanoscience and

technology.

55

FUND III: CLASS OF 2015

56

FUND III: HIGHLIGHTS

Codegi

Codedgi generated

revenue in Q1FY16

and added Keith

Stewart as CTO/CIO.

They have identified

four strong

contenders for the

Beta sites and will

select the best

candidate soon.

DUALAMS

DUALAMS presented

to the North Texas

Angel Network and

they are performing

due diligence

analysis. The

University of Texas

Health Science

Center San Antonio

clinical trial has

completed 30% of

patient exams with

the prototype system

operating

successfully in all

cases and supporting

their goal of gaining

FDA device

clearance.

Dynofit

Dynofit has their first

order from a hospital

in Wisconsin (pending

FDA approval). They

have registered with

FDA for for Class I

and Class II uses.

Their two US pending

patents will provide

coverage for all

markets. They have

also decreased the

thickness of the

device by 50% and

redesigned the

components formass

manufacturing and

ease of assembly.

Exhale Healthcare

Advocates

Exhale Healthcare

Advocates has

modified their model

to direct-to-consumer

with affordable

membership plans.

They helped a kidney

transplant candidate

shorten her time on

the transplant waitlist

from 33 months to 2

months. They are

working on an RFP to

a utilities company

with 15,000

employees.

Flow MedTech

Flow MedTech has

secured a second US

patent. They have

created a bench top

delivery system that

displays one way

steering. The next

steps will be to build a

high-fidelity prototype

and collaborate with

research institutions

for fluid

biomechanical testing

and animal studies.

57

FUND III: HIGHLIGHTS continued

md Portal

MyDerm Portal has

expanded with new

customers in NY, CA,

GA, TX, and FL.Their

differentiation in the

market as a a

configurable solution

continues to be a

significant advantage

over competitors.

They are currently

raising a$600k round

with $75k committed.

Noninvasix

Noninvasix conducted

its 510k pre-sub

meeting in April and

the FDA agreed to the

proposed de novo

510k pathway.

Noninvasix added Dr.

Brett Giroir to the

Scientific Advisory

Board. Dr. Giroir was

previously the CEO of

the Texas A&M

Health Science

Center, and CMO of

Children’s Medical

Center of Dallas.

Obaa

Obaa added a mobile

application and more

functionality like

group messaging and

collaboration across

differentpractices.

They have 300+

clinician registrations

and added Dr.

Douglas Won, CEO

of Lumin Health, to

their board of

advisors. They are

currently raising

a$200k round with

$120k committed.

Vidas Sanas

Vidas Sanas

launched a 30 day

online detox program

for Latinas in April.

They continue to work

with Tenet on a pilot

at three Dallas area

hospitals. They

organized the first

online Latina Health

Summit for North

Texas to be held in

May. The week-long

summit will include

the participation of

doctors, counselors,

and health experts.

Insight Optics

Insight Optics is

currently offering

physicians a free

three-month

subscription to their

platform, which

includes a

smartphone-enabled

ophthalmoscope

needed for testing.

They have also

begun working on a

partnership with

Athenahealth to

integrate with their

EHR solutions.

58

Benchmarks

42 companies accelerated

>$20M raised by Fund III portfolio

companies to date.

Combined valuations > $100M59

1910 Pacific

17,000 Sqft – new facility on the Top Floor of Downtown Building

NEW LOCATION

Our new headquarters in downtown Dallas and will have more than twice the space

of our current location. This will allow us to host larger events and offer space to

our graduates after they leave the program. We are busy working on the build out

design to create the most effective layout and interior design for a world class

health innovation hub. Look for additional HW partners coming in 2017!

60

1910 Pacific

17,000 Sqft – new facility on the Top Floor of Downtown Building

61

• Weekly events around Healthcare Innovation

• Pitch day November 16th at the Majestic

www.healthwildcatters.com

Hubert @ 214-799-1450 or

[email protected]

Thank you!

Learn more

62

http://www.healthwildcatters.com/

mailto:[email protected]

THE DECDALLAS ENTREPRENEUR CENTER

@thedectx www.thedec.co @treybowles 63

10

65

In June 2013, the Dallas Entrepreneur Center opened a centralized location in downtown Dallas providing aspiring and growing startups education, training, mentorship, promotion, incubation and access to capital. Now serving 5 locations:

CREATING A CENTRALIZED LOCATION IN DOWNTOWN DALLAS

66

New DEC Model

Coworking+

“Coworking space + Incubator= Entrepreneur Centers”

The DEC and its network provides collaborative space

The DEC provides customers relationships and revenue

The DEC provides access to capital and investors

67

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center

Nashville, TNCapital Factory

Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX

Houston Technology Center

Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA

DEC HQ

The Dallas

Entrepreneur

Center

Dallas, TX

68

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center


Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX


Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA

DEC EXPANSION STRATEGY

The Dallas

Entrepreneur

Center

Dallas, TX

The TreeHouse

Addison, TX

69

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center


Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX


Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA


The Dallas

Entrepreneur

Center

Dallas, TX

The TreeHouse

Addison, TX

San Antonio Entrepreneur Center

San Antonio, TX70

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center


Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX


Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA


The Dallas

Entrepreneur

Center

Dallas, TX

The TreeHouse

Addison, TX

Stoke Denton,

Denton, TX


San Antonio, TX71

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center


Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX


Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA


The Dallas

Entrepreneur

Center

Dallas, TX

The TreeHouse

Addison, TX

Stoke Denton,

Denton, TX

Innovation Hub (The DEC)

Dallas, TX


San Antonio, TX72

1871

Chicago,

IL

1776

Washington,

DC

Entrepreneur Center


Austin, TX

General

Assembly

New York, NY

Geekdom

San Antonio,

TX


Houston, TX

Galvanize

Denver, CO

Plug and

Play

San Jose,

CA

LA Clean Tech

Incubator

Los Angeles, CA

Mass

Challenge

Boston, MA


The Dallas

Entrepreneur

Center

Dallas, TX

The TreeHouse

Addison, TX

Stoke Denton,

Denton, TX

Innovation Hub (The DEC)

Dallas, TX


San Antonio, TX

Additional

Expansion in

Other Parts

of Dallas73

What does the DEC Do?

1. Education• Project EDU

• Talk by Subject Matter Experts

• Designed to take an entrepreneur from idea to launch

2. Mentorship• Subject Matter Expertise

• Learned Experience

• Remove Obstacles

3. Community• Coworking

• Organic Collisions

• Customer Intros

• Access to Investors

74

Programs and Events

75

DEC Ambassador Program

76

What Have We Accomplished?

VISITORS

51,000

EVENTS

3,500600+

OFFICE HOURSEducation classes, local and

national programs and partner

events.

100+ mentors have volunteered

their time in our Whiteboard

Sessions program.

Event attendees, tours,

members, guests, and walk-ins

77

What Is the Impact of The DEC?*

467 New Hires

in 2016Nearly $100MM in revenue

$115.7MM in raised CapitalAverages:

FTE: $60k+

PTE: $36k

@1000 Jobs

Companies that have worked in the DEC Network:

*$130,000,000 Annual Economic Impact on

DFW

78

Building Momentum: White House Announcement

9/26/16

FACT SHEET: Announcing Over $80 million in New Federal Investment and a Doubling of

Participating Communities in the White House Smart Cities Initiative

“If we can reconceive of our government so that the interactions and the interplay between private

sector, nonprofits, and government are opened up, and we use technology, data, social media in

order to join forces around problems, then there’s no problem that we face in this country that is not

soluble.” – President Barack Obama

Dallas Innovation Alliance and Envision Charlotte are announcing “For Cities, By Cities,” a new

collaboration that will bring cities together from around the globe over the next two years to workshop

steps to become smarter, more sustainable, and efficient. Convening in Dallas, Texas in 2017 and

Charlotte, North Carolina in 2018, the conferences will feature city officials sharing their perspective

with peers about lessons learned regarding what works, what to avoid, how to get started, and how to

define success.

Dallas will be launching the Dallas Innovation District in the West End neighborhood

in downtown Dallas, focused on bringing together civic, corporate, and startup innovation efforts

through a single district-level testbed. This collaboration will bring together the Dallas Innovation

Alliance's Smart Cities Living Lab, the Dallas Entrepreneur Center’s efforts to seed new startups, and

new innovation initiatives from corporations in the technology, banking and healthcare sectors.

79

https://www.whitehouse.gov/the-press-office/2016/03/14/remarks-president-south-southwest-interactive

Civic Innovation

Dallas Innovation District

Startup InnovationCorporate

Innovation

3 Components of an Innovation

District

80

Q&A

81

This infographic displays statistics taken from an internal survey sent out to members of The Dallas Entrepreneur Center.

TOTAL REVENUE PEOPLE THROUGH THE DEC Total revenue ranging from less than 50 thousand to more than 10 million dollars From mid 2013 through mid 2016

<50K\

/ 50K-100K

/ 100K-250K

AVERAGE TOTAL

se1,12s,ooo / 250K _ 500K

EVENT V ISITORS

· 1 MILLION CUPS

· STARTUP GRIND

• DEC EVENTS

· DEC PROGRAMS

• OTHER ENTREPRENEURIAL

PROGRAMS

WHllIBOARD VI SITORS

__/TOTAL MEMBER COMPANIES

>lOM500K • 1M

5M-10M 1M-5M

47,717 TOTAL NUMBER

MID 2013-MID 2016

The DEC is so much more than a generic co-working space, it's truly an abode transforming the North Texas entrepreneurial ecosystem through its focus on relationship management. The amazing staff at the DEC understand the importance of business networking for entrepreneurs and help guide early-stage startup founders and

their teams during the times they need it most. Through strategic introductions, referrals as well as access to mentors, we've secured investment, expanded our advisory board and grown both our sales pipeline and portfolio

of revenue generating customers.

DANIEL B LACK • FOUNDER/CEO, GLASS MED IA

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17 - dallasdallascityhall.com/government/council meeting documents/eco_4_innovation...• chief...

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