eagb san diego bio mission 2014_presentation
TRANSCRIPT
Economic Alliance of
Greater Baltimore San Diego Executive Mission
June 24th – 27th 2014
Economic Alliance of
Greater Baltimore Debrief Outline
• Mission Overview
• Topics
• Delegates
• Company Visits
• Key Connections & Resources
• Takeaways
• Feedback
• Next Steps
Economic Alliance of
Greater Baltimore Mission Overview
• 25-person executive mission representing Business,
Government and Higher Education in Greater Baltimore
– Including EAGB Board Members as well as the State of Maryland,
Howard County and Baltimore City
• Group visits with 24 different companies and
organizations over 2 days
– Including major employers, research institutes, universities,
incubators, accelerators, tech companies and VC firms
• 5 networking events that fostered new connections and
partnerships
– CA & MD-based cyber security / biohealth companies, economic
development organizations, West Coast Cyber Hive, thought leaders
Economic Alliance of
Greater Baltimore
• Panels and speakers included business leaders, VCs,
entrepreneurs, university and research institute
leaders and economic development professionals
discussing:
Topics
– Workforce Attraction
and Retention
– Leadership / Corporate
Culture
– Cyber Security
– Health IT
– Tech Transfer
– Incubator Programs
– Greater San Diego
Ecosystem
Economic Alliance of
Greater Baltimore Delegates
Economic Alliance of
Greater Baltimore Company Visits
Economic Alliance of
Greater Baltimore Company Visits
Engaged with
24 different companies
& organizations across
10 visits
Economic Alliance of
Greater Baltimore EvoNexus / CommNexus
EVONEXUS AT A GLANCE • 713 applications received to date • $540M+ in total funding & outcomes • 31 companies currently incubating • 7 acquisitions to date • 29 graduations to date • 1000+ jobs created
CORPORATE PARTNERSHIPS …are KEY!
Qualcomm Labs @ EvoNexus &
CiscoEIR@EvoNexus … a new Cisco-sponsored startup incubation program to support early-stage entrepreneurs
EvoNexus is San Diego’s only free tech incubator. EvoStart is a 4-month program designed to help early stage tech startups reach product-market fit
Economic Alliance of
Greater Baltimore EvoNexus / CommNexus
• EvoStart Expectations: Be Present; Be Coachable; Be Transparent
• Option Post-Incubation program (up to 2 years)
• Open & Collaborative - Google Doc folder with:
– Entrepreneur Resources
– Service Provider Lists with Reviews
– Contact Lists: Mentors, Committee, EvoNexus Companies, Staff
• MarketLink Program
– Provides opportunities for emerging technology companies to
meet with larger, multinational corporations such as:
…and their top-level executives searching for new products and
technologies
Economic Alliance of
Greater Baltimore
$$$
Yay!!! I get training this year
Congratulations!!! You get training
this year
$$$
We all get training!!!
Everyone gets training … go be
exceptional!!!
A Model for Training Heros
A Model for Training Professionals
BAE Systems
• A strategic investment focused on
modernizing their workforce and increasing
their competitiveness by:
– Creating a partnership w/ each business area
to identify, develop and deliver training
– Providing access to certifications needed for
compliance with gov’t standards (DoD 8570)
• Need for university came from desire to go
from a ‘culture of heroes’ to a ‘culture of
professionals’
– Market pressures require higher performance
with lower cost
– Employees’ #1 request was for more access to
quality training
Intelligence & Security (I&S) Internal University
Economic Alliance of
Greater Baltimore BAE Systems
University Organizational Chart • Has five colleges spread over three businesses in the I&S sector
– Increases access to employees and creates engagement
Economic Alliance of
Greater Baltimore BAE Systems
• Company provides budget for books, materials,
facilities, IT, course development, instructor time, and
advertising
• Employees donate time in class and bring a passion
to learn
– Currently, for every $1 spent, employees donate $1 to
BAE Systems – we double our investment!!!
Instructor
Expert Group Communities
Instructor Led Training
Community
Competency Area
How Does it Work?
Communities of Practice
• Each College contains several training tracks called
competency areas (CA)
• Each CA provides Instructor Led Training (ILT) and
Expert Group Communities (EG) – Employee-led
– Topics are selected based on participant interest/need
– Trainings are 1 hour in duration
– Projects are several months in duration
– Most events are recorded to capture the shared
knowledge
Economic Alliance of
Greater Baltimore BAE Systems
Most Active Communities
• Cyber and Information Assurance – Meets weekly to discuss and demonstrate offensive and defensive cyber
techniques
– 42 EG events in 2013
• Agile Systems Engineering – Meets bi-weekly to discuss advances in Agile development techniques, solution
architecting, defense-in-depth architecting, and secure solution architecting
– 22 EG events in 2013
• Engineering Proposal Development – Meets bi-weekly to discuss proposal management, effective writing and graphics
and basis of estimate development
– 24 EG events in 2013
• Engineering Leadership and Management – Meets bi-weekly to discuss technical management, facilitation and presentation,
and effective leadership techniques
– 24 EG events in 2013
Economic Alliance of
Greater Baltimore Intuit
Intuit’s take on Recruitment?
Look for athletes
Economic Alliance of
Greater Baltimore Intuit
Millennials are shaping technology…they
don’t read directions, rather just dive in
and start learning
Companies should promote a similar culture of
experimentation through unstructured time and Idea
Jams, empowering employees to generate ideas,
experiment rapidly and find innovative ways to drive
impact
Economic Alliance of
Greater Baltimore Qualcomm
Economic Alliance of
Greater Baltimore Qualcomm – Museum
Opened September 23, 2010 in conjunction with Qualcomm’s 25-year anniversary Showcases Qualcomm’s rich history of innovation, the impact of their technologies on the world today, and their vision for the future.
Economic Alliance of
Greater Baltimore Qualcomm – Patent Wall
Qualcomm has a dedicated "Patent Wall" at its San Diego HQ to show off 1,395 of its patent files… only a fraction of the 13,000-something patents owned by the company.
Economic Alliance of
Greater Baltimore Qualcomm - impaQt Program
Stats
• 612 ideas submitted (up
12%)
• 18 projects sponsored (up
11%) - how many products
actually transitioned to
Qualcomm business units
• Doesn’t replace traditional
R&Dmicro funding for 3-
month prototyping, 20%
time, staff with 4-person teams
is an internal and ongoing technology
innovation program focused on strategic
themes
Economic Alliance of
Greater Baltimore Qualcomm - impaQt Program
Economic Alliance of
Greater Baltimore Qualcomm – impaQt Program
Economic Alliance of
Greater Baltimore Qualcomm – impaQt Program
Economic Alliance of
Greater Baltimore Qualcomm – Wireless Reach
Economic Alliance of
Greater Baltimore Qualcomm – Wireless Reach
Economic Alliance of
Greater Baltimore Qualcomm – Wireless Reach
Economic Alliance of
Greater Baltimore Qualcomm – Wireless Reach
Economic Alliance of
Greater Baltimore Qualcomm – Research Demos
Augmented Reality – 3D Experiences Using Digital Technology
Economic Alliance of
Greater Baltimore San Diego State University
• Lavin Entrepreneurship Center and Zahn Innovation Center are open to anyone on campus – students, faculty, employees
• Students retain all IP and don’t pay for services
• Top 25 Graduate Schools for Entrepreneurs
• SDSU offers a minor in entrepreneurship with areas of focus in arts, music, engineering, and business as well as study abroad entrepreneurship programs and student experience opportunities
• Applying for a regional innovation cluster grant that uses the CCAT (Center for Commercialization of Advanced Technology – P3 that uses small business technologies to solve government problems) as a core
Economic Alliance of
Greater Baltimore CONNECT
… is a regional program that catalyzes the creation of innovative technology and life sciences products in San Diego County by
linking inventors and entrepreneurs with the resources they need for success.
About CONNECT • Assisted in the formation and development of more than 3,000 companies • Unique culture of collaboration between industry, capital sources, professional
service providers and research organizations • Originally founded as a part of the University of California (UC) in 1985, spun-out
of UC San Diego in 2005 to better serve the research community
Economic Alliance of
Greater Baltimore CONNECT
• 50+ mHealth and Genomics companies
• 75+ bioinformatics companies • Follow instincts and VC trends
more than official growth metrics
• Based 50 markets around the world
• Constantly rotates and adds EIRs
• Provides warm referrals to VC and some service providers
• Focuses on 3 main economic groups that SDREDC described: innovation, military, and tourism
Program Overview
Economic Alliance of
Greater Baltimore CONNECT
Economic Alliance of
Greater Baltimore The Salk Institute for Biological Studies
Our Biggest Takeaway? The Power of Collaboration
Economic Alliance of
Greater Baltimore TaylorMade
Economic Alliance of
Greater Baltimore Key Connections & Resources
Economic Alliance of
Greater Baltimore Key Connections & Resources
68 New Connections Made Across a Variety of Industries
Economic Alliance of
Greater Baltimore Leadership / Corporate Culture
• Innovative and entrepreneurial employees are inspired
by the important work they do
• Foster a culture of experimentation that empowers and
inspires employees at all levels to create and test
ground-breaking ideas
• Embrace failure. Have the courage to take risks and
grow by learning from your successes and failures
• Deliver awesome
Economic Alliance of
Greater Baltimore San Diego Ecosystem
• Foster supportive, collaborative network – break down the
silos and work together
• Highly interactive relationship with the start up community
• Large businesses work on the same team
– Many support start ups/local businesses through in-house offices at
incubators i.e. Qualcomm Labs at EvoNexus or CISCO
• The CONNECT Program has a large group of experienced
entrepreneurs who mentor – ALL are volunteers putting a lot
time towards entrepreneurship without being compensated
for it
a great example of the large sense of community within San Diego
Economic Alliance of
Greater Baltimore Feedback
“Thanks for including me on the mission to San Diego. I thought it was a high value trip and lots of fun. I look forward to follow up discussions regarding a regional CONNECT program. Additionally, we should follow up on UMBC/bwtech's involvement in a Dream It program as well as co-hosting the October CyberTini event - possibly at the Columbus Center. As always, you and your staff did a great job coordinating the trip.”
- Ellen Hemmerly, President bwtech@UMBC
“I want to thank you and the staff for such a well-organized and thoughtful mission. Lots of food for thought… Our working relationship means a lot to me, and I know that is the case for many of my colleagues here.” – Ursula Powidski, Assistant Secretary Business & Enterprise Development, DBED
Economic Alliance of
Greater Baltimore Next Steps
• Continued momentum to seek out best practices and innovation focused opportunities and smaller regional executive missions
– Planned tour of incubator in DC
– Meeting with Qualcomm’s Division Director in DC to learn about current projects and how they work with their network of partners to foster entrepreneurship and enrich teaching and learning
– Connect EdTechMD and to Qualcomm’s Wireless Reach Program
– Connections to for Greater Baltimore start ups based on the company’s focus
Economic Alliance of
Greater Baltimore Next Steps
• Established connections with BioMed Ventures, the in-house venture arm of BioMed Realty, who have been looking to make a trip to Baltimore to meet with Pharma/BioTech companies at and and elsewhere in the region
• Potential partnership opportunity to create a CONNECT East or a Cyber CONNECT – the program is already based in 50 markets around the world
• Connected to bwtech; they are now working to plan a CyberTini together prior to CyberMaryland Conference on Oct. 28th
• Establish connections for Kyocera to the new Johns Hopkins Extreme Materials Institute
• Future partnership/real estate opportunities among delegates inspired by some of our Mission visits