arkham meconomic development laurin president and ceo ...€¦ · brand awareness of venturelab...
TRANSCRIPT
Pre
sen
tati
on
–Ec
on
om
ic D
eve
lop
me
nt
Co
mm
itte
e, C
ity
of
Mar
kham
O
cto
be
r 2
2, 2
01
3
Jere
my
S. L
auri
nP
resi
den
t an
d C
EO
ven
ture
LAB
Mis
sio
n S
tate
me
nt v
en
ture
LA
B is
a m
em
be
r o
f
To b
e th
e le
adin
g R
egio
nal
Inn
ova
tio
n C
entr
e in
No
rth
Am
eri
ca a
s m
easu
red
by
the
eco
no
mic
imp
act
of
sup
po
rt p
rogr
ams
and
ser
vice
s th
at t
arge
t te
chn
olo
gy b
ased
en
trep
ren
eu
rs s
tart
ing
and
gro
win
g gl
ob
al e
nte
rpri
ses.
Men
tori
ng
, Pa
rtn
erin
g, C
on
nec
tin
g…
Sin
ce it
s in
cep
tio
n in
Fe
bru
ary
20
11
…
ven
ture
LAB
has
su
pp
ort
ed
76
6 c
om
pan
ies.
In
20
12
ve
ntu
reLA
B s
up
po
rte
d 2
70
co
mp
anie
s, 1
21
fr
om
Yo
rk R
egi
on
incl
ud
ing
49
fro
m M
arkh
am!
Me
nto
rin
g
“ven
ture
LAB
wa
s tr
uly
th
e ca
taly
st t
ha
t a
llow
ed u
s to
ta
ke a
n id
ea in
ou
r h
ead
s
an
d t
urn
it in
to a
rea
lity.
Th
e m
ento
rsh
ip t
ha
t w
e’ve
rec
eive
d f
rom
Ja
ne
Ger
tner
, Jer
emy
Lau
rin
, Pa
ul R
ivet
t a
nd
th
e w
ho
le t
eam
at
ven
ture
LAB
ha
s
bee
n in
valu
ab
le. A
s ex
cep
tio
na
lly b
usy
un
iver
sity
pro
fess
ors
, an
d n
ot
nec
essa
rily
‘bu
sin
ess
peo
ple
’, ve
ntu
reLA
B h
elp
ed u
s to
see
th
e p
oss
ibili
ties
fo
r
ou
r id
ea a
nd
ou
r b
usi
nes
s. T
hey
’ve
hel
ped
us
mee
t n
ew a
nd
po
ten
tia
l
pa
rtn
ers;
th
ey’v
e h
elp
ed u
s ra
ise
ap
pro
xim
ate
ly $
20
0,0
00
to
da
te, w
ith
mu
ch
mo
re t
o c
om
e. v
entu
reLA
B h
as
hel
ped
us
dev
elo
p o
ur
pla
ns,
sti
ck w
ith
th
em
thro
ug
h t
he
dif
ficu
lt p
erio
ds,
an
d e
njo
y th
e lit
tle
win
s a
lon
g t
he
wa
y.”
Will
iam
Gag
e, c
o-f
ou
nd
er
Par
tne
rin
g
“ven
ture
LAB
ha
s b
een
a b
rid
ge
for
Bra
inFx
. Th
e re
sou
rces
an
d m
ento
rsh
ip h
ave
stre
ng
then
ed, c
ha
llen
ged
an
d r
ein
forc
ed t
he
stru
ctu
re o
f o
ur
bu
sin
ess.
Th
ey h
ave
faci
lita
ted
co
nn
ecti
on
s to
peo
ple
, fu
nd
ing
an
d o
pp
ort
un
itie
s th
at
we
wo
uld
no
t h
ave
kno
wn
ab
ou
t o
r th
ou
gh
t d
iffi
cult
to
ob
tain
. Th
ey h
ave
hel
ped
us
loo
k a
hea
d fa
rth
er
tha
n w
e h
ad
ou
rsel
ves
envi
sio
ned
all
wh
ile e
nsu
rin
g w
e fe
el w
ell s
up
po
rted
. Th
e
bri
dg
es v
entu
reLA
B h
as
hel
ped
us
bu
ild h
ave
ult
ima
tely
acc
eler
ate
d o
ur
tim
e to
ma
rket
, wid
ened
ou
r vi
sio
n, c
rea
ted
op
po
rtu
nit
ies,
an
d h
ave
hel
ped
us
bu
ild
stro
ng
fo
un
da
tio
ns
for
ou
r fu
ture
gro
wth
.”
Trac
y M
ilne
r, C
hie
f Ex
ecu
tive
Off
ice
r
Co
nn
ect
ing
“ven
ture
LAB
wa
s th
e th
ird
ON
E o
rga
niz
ati
on
th
at
we
ha
d b
eco
me
a m
emb
er o
f
an
d t
hey
wer
e th
e o
ne
gro
up
th
at
we
felt
clo
sest
to
in b
oth
pro
xim
ity
an
d
pri
nci
ple
s. J
erem
y La
uri
n is
a f
earl
ess
lea
der
an
d b
rin
gs
bo
th t
he
theo
reti
cal a
nd
pra
ctic
al k
no
w-h
ow
to
get
a c
om
pa
ny n
oti
ced
an
d a
cco
mp
lish
its
key
mile
sto
nes
.
Like
so
ma
ny in
his
org
an
iza
tio
n, h
e em
bo
die
s w
ha
t it
mea
ns
to b
e a
su
cces
sfu
l
bu
sin
ess
lea
der
an
d h
e is
a b
on
a f
ide
entr
epre
neu
r. T
og
eth
er w
ith
his
co
re t
eam
of
Pau
l Riv
ett,
Bri
git
te S
ha
rpe,
an
d M
ike
Bet
ts, v
entu
reLA
B t
eam
wa
s a
ble
to
del
iver
th
e co
rrec
t p
ersp
ecti
ve, i
nsi
gh
ts, a
dvi
ce a
nd
co
nn
ecti
on
s th
at
ha
ve
ma
de
the
dif
fere
nce
in b
rin
gin
g o
ur
com
pa
ny
to m
ark
et.”
An
dre
w A
ngu
s, F
ou
nd
er
and
CEO
ven
ture
LAB
20
13
-20
15
Str
ate
gic
Pri
ori
tie
s
1.
Sup
po
rtan
d g
row
inve
stm
en
t gr
ade
SM
E’s
•P
rogr
ams
alre
ady
esta
blis
he
d –
Gen
esis
2.
Bu
ild a
n e
ntr
ep
ren
eu
r b
ase
d c
ult
ure
wit
h b
est
in c
lass
pro
gram
min
g•
Pro
gram
s al
read
y es
tab
lish
ed -
BU
ILD
, Hea
lth
care
Eco
sph
ere
3.
Bu
ild a
wo
rld
cla
ss c
om
mu
nit
y o
f so
cial
en
terp
rise
en
tre
pre
ne
urs
•P
rogr
am in
dev
elo
pm
ent
wit
h U
nit
ed W
ay Y
ork
Reg
ion
an
d Y
ork
Un
iver
sity
4.
Bu
ild o
n lo
cal p
artn
ers
hip
s in
th
e s
up
po
rt c
om
mu
nit
y (S
BEC
’s, B
oar
ds
of
Trad
e, C
ham
be
rs, B
IA’s
, CFD
C’s
, etc
) to
fu
rth
er
en
han
ce t
he
ve
ntu
reLA
B
bra
nd
, wh
at it
do
es
and
ho
w it
co
ntr
ibu
tes
to t
he
en
tre
pre
ne
ur
eco
syst
em
5.
Rai
se t
he
bra
nd
aw
are
ne
ss o
f ve
ntu
reLA
B o
ver
the
nex
t th
ree
ye
ars
to
cre
ate
acc
ep
tan
ce a
kin
to
MaR
S(T
oro
nto
) an
d C
om
mu
nit
ech
(Wat
erl
oo
)
On
tari
o’s
Inn
ova
tio
n L
and
scap
e
By
the
Nu
mb
ers
York
Re
gio
n’s
Inn
ova
tio
n L
and
scap
e
By
the
Nu
mb
ers
ven
ture
LAB
Inn
ova
tio
n L
and
scap
e
By
the
Nu
mb
ers
•En
tre
pre
ne
ur
dri
ven
rev
en
ue
-$
15
9M
•Em
plo
yme
nt
sup
po
rte
d (
job
s) -
2,3
90
•En
tre
pre
ne
urs
att
en
din
g B
UIL
D –
19
5
•M
en
tors
hip
ho
urs
de
live
red
-3
,28
5
•Ev
en
ts h
ost
ed
-1
02
•To
tal e
ven
t at
ten
dan
ce -
2,5
73
•To
tal c
lien
t in
tera
ctio
ns
-1
,61
8
Key
En
tre
pre
ne
ur
Ou
tco
me
s in
20
13
ven
ture
LAB
Ge
ne
sis
Pro
gram
in 2
01
3
Fed
era
lly f
un
de
d f
or
seco
nd
ye
ar
$3
55
,00
0
up
$5
5K
ye
ar o
ver
year
ven
ture
LAB
GEN
ESIS
Sta
tus
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$1
,00
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$6
,00
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,00
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00
$1
0,0
00
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.00
9/1
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10
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21
1/1
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12
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21
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32
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33
/1/1
34
/1/1
35
/1/1
36
/1/1
37
/1/1
38
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39
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3
$ Value
9/1
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10
/1/1
21
1/1
/12
12
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21
/1/1
32
/1/1
33
/1/1
34
/1/1
35
/1/1
36
/1/1
37
/1/1
38
/1/1
39
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3
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Tim
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Mo
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ntu
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is a
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mb
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of
Med
Dev
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Hea
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Ente
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sum
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SAA
S
Co
nsu
mer
M
ob
ile
Bio
tech
no
logy
Oth
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ven
ture
LAB
GEN
ESIS
Dat
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s at
Se
pt
1/1
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GE
NE
SIS
support
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yees s
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ais
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Pro
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$1
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of
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LAB
Fun
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20
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Bo
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Dir
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Dir
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Dir
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Ev
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Co
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Clie
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Co
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ven
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LAB
Bo
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of
Dir
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Na
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Loca
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