making entrepreneurship easier

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U.S.SourceLink

Our mission is to help small businesses

grow and prosper in regions across the country by providing business owners easy access to needed services.

• Easy access to resources• Increased awareness of

resources• Solid partnerships to fill gaps• Measured impact

Make Entrepreneurship Easier

Make them Visible Strengthen Network

Calendar

Resource NavigatorHotline

Training

Capital

Work Space

Identify and Fill Gaps

Identify Assets

Building an ecosystem

Identify Assets

Build a directory Build a network

• Social Media

• Referrals

Promote

• Community• Partner

Meetings

Engage• Hotline• Facilitated

discussions

Listen

• Identify and Report Gaps

Respond• Programs

to fill gaps

Collaborate

Finding and filling gaps

1 Build the Network Number of partnersMilestones

website, calendarResource Navigatorpartner meetings

2 Activate the Network Network Accessweb visitshotline calls

Resource Navigator searches

Network Strengthpartnerscalendar eventssatisfaction survey results

Network Reachfriends and followerssources of traffic

Measuring progress

3 Leverage the Network Gap reports

Collaborations

partner involvement

fundingJobs, starts, debt/equity, sales

4 Drive the ecosystem Data reports

Leveraged funding $$

New programs

Dashboard

Be the difference in your community

Products: Assessment

U.S.SourceLink products

• Website

• Resource Navigator®

• Calendar

• Blog

Measurement Products: Biz-Trakker®

Measuring an active network

Gap

Partners

Collaborative

Funding

Program

Results

Measuring a Successful Collaboration

46 proof-of-concept projects

23 new companies

$17.7 million follow-on funding

181 new jobs created, nearly $5.5 million in total salaries

$7 million in total sales

18 patent applications

4 successful exits

…in two years

Proof of Concept

Funds

15

$2.1 Million

Product: We Create Capital Solving the Funding Gap for Early-Stage Companies

Information on “funding the funds” Review of debt and equity infrastructureFinding holesRecommendations of how to fill them

Source Loan Size

<$1,000 $0-50,000$50-

250,000up to

$350,000up to

$500,000up to $5M

Personal Emergency Loan x Secured credit cards x Credit building loans x Microloans x Community Advantage x SBA bank loan guarantees x

Small Loan Advantage x SBA Express x SBA Veterans Adv. x Export Express x 7(a) xCap Lines xInternational Trade xExport Working Captial x

SBA 504 Loans x

Non-bankable Bankable with guaranteesStrategically building early-stage debt infrastructure

Deals by year by series<$1M $1-3M $3-7.5M $7.5-10M $10-20M

2009 2010 2011 2012 2013 20140

20

40

60

80

100

120

Preseed Seed Series A Series BSeries C Mezzanine IPO

Sources of Funds 2009-2013<$1M $1-3M $3-7.5M $7.5-10M $10-20M

Note: not all investors are disclosed

KC Area MO/KS Nebraska Outside Region0

10

20

30

40

50

60

Preseed Seed Series A Series B Series C Mezz

Mezzanine

Series C

Series B

Series A

Seed

Preseed

0 5 10 15 20 25 30

Funded CompaniesWho Received Assistance

2014

None Assistance

IPO

Mezzanine

Series C

Series B

Series A

Seed

Pre seedDigital Sandbox KC, SBIR, MTC IDEA Funds, SparkLabKC

Angels, InvestMidwest, OpenAir, Five Elms

Angels, Individuals

October Capital

C3, TGP

Who is funding what?

Are you using every mechanism available to fund early-stage companies?

….U.S. Treasury

SSBICCDFINMTC

SBAMicroloanSBICSBIRLoan guarantees

BanksSmall business loans…

Measurement Product: E-Dashboard

Current. local data

Lessons Learned

Questions?