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Business Incubator Series: Stephen Fleming, Enterprise Innovation Institute, Georgia Tech – Atlanta (Part 8)

Posted on Wednesday, Apr 13th

By guest authors Irina Patterson and Candice Arnold Irina: What about those entrepreneurs who don’t need or want to raise money? Stephen: Right, the bootstrappers. We have an active community of bootstrapping companies now, that for whatever reason, don’t need to or choose not to raise money – or choose not to raise money right

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Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 4)

Posted on Tuesday, Apr 12th

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

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Business Incubator Series: Stephen Fleming, Enterprise Innovation Institute, Georgia Tech – Atlanta (Part 7)

Posted on Tuesday, Apr 12th

By guest authors Irina Patterson and Candice Arnold Stephen: Now, phase 2 [of the Georgia Research Alliance Commercialization Program] – and we go up to Phase 4 – phase 2 is an up to $100,000 grant, again, to the university or universities. Sometimes these are joint ventures between, for example, Georgia Tech and Emory. It

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Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 3)

Posted on Monday, Apr 11th

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.

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Business Incubator Series: Stephen Fleming, Enterprise Innovation Institute, Georgia Tech – Atlanta (Part 6)

Posted on Monday, Apr 11th

By guest authors Irina Patterson and Candice Arnold Stephen: One of the larger donors to Georgia Tech Edison Fund is the Charles Edison Fund. That is the fund that was set up by the son of Thomas Edison. They allow us to use the Thomas Edison name.

Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 2)

Posted on Sunday, Apr 10th

By guest authors Irina Patterson and Praveen Karoshi Tim: So, the fourth thing we have is this peer group where companies get to learn from each other and from us. Over the 26 years we have been around, we have had more than 350 clients. We have just in Evanston, which is a small suburb

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Business Incubator Series: Stephen Fleming, Enterprise Innovation Institute, Georgia Tech – Atlanta (Part 5)

Posted on Sunday, Apr 10th

By guest authors Irina Patterson and Candice Arnold Irina: On average, how long does a company stay in your incubator? Stephen: It’s all over the map. The life science companies take longer. We actually don’t have a time horizon in mind for our life science companies. They’re so dependent on the underlying science and the

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Business Incubator Series: Tim Lavengood, Technology Innovation Center – Evanston, Illinois (Part 1)

Posted on Saturday, Apr 9th

By guest authors Irina Patterson and Praveen Karoshi I am talking to Tim Lavengood, executive director of the Technology Innovation Center (TIC), which is a not-for-profit business incubator dedicated to supporting the growth of very early stage tech companies. Founded in 1986, the incubator is based in Evanston, Illinois.