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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Illinois venture capital
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 10)
By guest authors Irina Patterson and Praveen Karoshi Irina: Are there any financial firms that specialize in software escrow? Tim: Very few. It’s a good business to get into. It is emerging, because software code is an asset. It is a transferable asset, unlike making something in a factory. If this code has proven commercial
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 9)
By guest authors Irina Patterson and Praveen Karoshi Irina: How many of your entrepreneurs work on software businesses? And what kind of software? Tim: It would be probably about 50% of our companies, either half or just under half. A lot of people want to hook on to enterprise software programs. Many are interested in
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 8)
By guest authors Irina Patterson and Praveen Karoshi Tim: We had other ways of doing our Japanese program. We could have gone there. There are other ways of doing that, but that is the way they wanted to do it. They really wanted to see the environment here, which was great, but it wound up
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 7)
By guest authors Irina Patterson and Praveen Karoshi Irina: What are your metrics for success? What do you measure? Tim: One of the things we measure is graduation. We try to track our companies, we can’t do it. It is very hard and very expensive. But we have had Northwestern faculty track companies in the
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 6)
By guest authors Irina Patterson and Praveen Karoshi Irina: Would you give us an example of service providers that come to your incubator? Tim: We have people who made a living for a couple of years doing programming for various of our companies. You come in, you are doing C++ or something like that, you
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 5)
By guest authors Irina Patterson and Praveen Karoshi Irina: What other kind of projects students usually do? Tim: We had a company that did consumer electronics. They had a little bug zapper that they were designing, and we had a student group that came in and helped with that. As matter of fact, they produced
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 4)
By guest authors Irina Patterson and Praveen Karoshi Irina: How do you usually process entrepreneurs’ applications or inquiries? Tim: I don’t have a hard and fast rule for that because, again, I don’t want people to articulate aspects of their business that they are not yet qualified to do. I just don’t want them to
Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 3)
By guest authors Irina Patterson and Praveen Karoshi Irina: So, is it OK to come to your incubator just with an idea? Tim: If it’s an idea and a dedication that this is going to be the dedication of a life for a while, then, yes. As I said, these people are going full time.
