By guest authors Irina Patterson and Candice Arnold John: We are addressing the shortage of managerial talent by trying to grow our own talent, identifying what the traits and qualities of good managerial talent are. What do they need to know and what do they need experience in order to become great managers? Rather than
By guest authors Irina Patterson and Candice Arnold John: We think we have the rural model down. We think we’ve learned how to get this kind of work done in a distressed area, without a pre-existing infrastructure of innovation centers, private capital, population density, and major employers and research institutions. We’re hoping that what we
By guest authors Irina Patterson and Candice Arnold John: If we’re able to bring in outside dollars in support of one our companies, that’s a validation. Somebody else evaluated and decided to put his chips down on the opportunity that we cultivated and developed; that is a validation that we’re doing good. So, that’s one
By guest authors Irina Patterson and Candice Arnold John: We help to organize a network of angel investors in this rural area. We provide them with a professional fund manager and help them to determine their offering to each other, the agreements they have, and the processes by which they will evaluate companies and invest
By guest authors Irina Patterson and Candice Arnold John: One of the things about the kinds of companies that we uncover and work with is that they are in need of a great deal of help. Rather than a large, urban, metropolitan area where a company that is very early stage may come with a
By guest authors Irina Patterson and Candice Arnold John: Another example might be developing a prototype or, in the case of a really early stage company, protecting the intellectual property through obtaining patent assistance. So, all of those are things that are needed to take risk out of an opportunity. They require resources that often
By guest authors Irina Patterson and Candice Arnold In this interview I am talking to John Glazer, director of TechGROWTH Ohio. This Athens-based, state-supported program has offered resources and funding to early stage, technologically innovative companies in the state of Ohio since 2007.