the techba program process to develop hi-tech companies

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The TechBA program a process to develop hi-tech companies Jorge Zavala TechBA Silicon Valley [email protected] 1

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Page 1: The TechBA program process to develop hi-tech companies

The TechBA program

a process to develop hi-tech companies

Jorge Zavala

TechBA Silicon Valley

[email protected]

1

Page 2: The TechBA program process to develop hi-tech companies

• A Program from the Minister of Economy operated by The US Mexico Fundation for Science

• Focus in developing international high tech companies

• Providing a fast ecosystem to develop the commercial capabilities of the participant companies

What is TechBA

Page 3: The TechBA program process to develop hi-tech companies

• México, D.F. •Edo. México

• México, D.F.

Network of Acceleration in Mexico

29 Accelerator in 11 States and 3 countries: 1,364 empresas

• México, D.F. • Puebla• Baja California• Chiapas

•Guanajuato• Jalisco • Aguascalientes

• México, D.F.• Michoacán • Nuevo León

• México, D.F.• Aguascalientes• Jalisco

• Nuevo León

• México, D.F.• Jalisco• Puebla

• Puebla• San Luis Potosí• Edo. México

63

3

2

2

1

1

11

2

1

AUSTIN

MONTRAL

SILICON VALLEY

DETROIT

PHOENIX

MADRID

Page 4: The TechBA program process to develop hi-tech companies

History of TechBA Program• TechBA-Silicon Valley

– Open in February 2005– 168 companies at December 2008– Strategic Alliance: The Enterprise Network

• TechBA-Austin– Open in Decembre 2005– 58 companies at December 2008– Strategic Alliance: ATI/IC2

• TechBA-Montreal– Open in: June 2006– 25 companies at December 2005– Strategic Alliance: INNO-CENTRE

• TechBA-Madrid– Open in: November 2006– 30 companies at December 2008– Strategic Alliance: Parque Científico de Madrid

• TechBA-Michigan – November 2008• TechBA-Phoenix – January2009

Page 5: The TechBA program process to develop hi-tech companies

Michigan 09/08

Madrid 11/06

Montreal 06/06

Arizona 12/08Austin 12/05

Silicon Valley 02/05

Multimedia, Aerospace

BiotecnologyTI and CommunicationsTurism

TI,BPO, Medical devices

TI,Outsourcing

43,600,000

470,300,000

336,800,000

TechBA EcoSystem

1,300,000,000

Page 6: The TechBA program process to develop hi-tech companies

eTechBA – The TechBA echosystem

InnovativeGlobal

Company

Pre-Acceleration

Acceleration

New product development

LocalIncubation

New Customer

adquisition

Local

Operation

Transformation

Perfoming

In the global

environment

Awareness

SaaS

Medical Devs

Call Centers

PipelineBuilder

Page 7: The TechBA program process to develop hi-tech companies

Explore

Market Opportunity

SWOT Analysis

Competitive Analysis

Define

ValueProposition

Business Goal Settting

Budget and Financials

Develop

Marketing Materials

Sales Plan

GoTo Market Strategy

Validate

Seeking first customers

Customer Interviews

Evaluate the results

Induction• Information gathering

TechBA PreAcceleration Stages

Closing

Page 8: The TechBA program process to develop hi-tech companies

Innovation

The Silicon Valley

Culture

TechBA Acceleration

Model

Innovation at glance

Marketing

Business Intelligence

Value Proposition

Selling in the USA

Planning

Strategy

Marketing

Financials

Legal Issues and

Funding

Creating a company

Investment and funding

Intellectual Property

Doing Business

Industry Specifics

Alliances

Getting ready to go

TechBA Induction Week

Page 9: The TechBA program process to develop hi-tech companies

Selling

The killer presentation

Best presentation

practices

Facing to the

customer

Rehearsing

Performing

Product

Develop

Program Management

Project Management

Open for a new future

Learning from the customer

Decision for the future

Go for the big

time

Focus on sales

Evaluate the results

TechBA Closing Week

Page 10: The TechBA program process to develop hi-tech companies

What is provided by TechBA

Landing

Legal Support

Inmigration

Accounting

Patents, Licencing and Trademark

Market Research

Business

Intelligence

Technical analysis

Benchmarking.

Company

Formation

Legal support.

Market Research

Business Plan

Product Localization

Lead Generation

Commercial

Development

Tech

nic

al A

ssis

tan

t

Techn

ical Assistan

t

Page 11: The TechBA program process to develop hi-tech companies

Networking

TechBA

Consulting

Support

Regional Organisms

Lawyers

Goverment Relationship

Universities

Financials

Local Companies

Mexican Support

Professional

Associations

Chambers of Commerce

National Organizations

Page 12: The TechBA program process to develop hi-tech companies

Go To market strategy

First Sales

Channel Development

Lead Generation

Program

Customer searching

Marketing Campaing

Sales Coaching

Sales Consultant

Channel development

Sales Development

Sales Training

Sales Process Deployment

Acceleration focus in Sales

Page 13: The TechBA program process to develop hi-tech companies

Industries

Page 14: The TechBA program process to develop hi-tech companies

Success Cases

IT technologies

– Prefixa

– Zoe

– Nearsoft

– Echopixel

– Annectere

– Aprentix

Food and other industries

– Grupo Delicias

– Sinaloa Seafields

– Bioderpac

Different flavors of technology

Page 15: The TechBA program process to develop hi-tech companies

• A professor from INAOE

• Initially developed a technology for vision system for mechanical quality inspection

• Created a company: Prefixa

• Developed a prototype

• The company was invited to be part of the TechBA portfolio in 2006

• Business Development in the USA

• A first prototype is sold in 2008

• Signed contract with leading semiconductor equipment company in Silicon Valley

Prefixa

Page 16: The TechBA program process to develop hi-tech companies

• A company based en Tijuana

• Offices in Guadalajara, Mexico City, Monterrey and San Jose

• Full complain with international government regulations

• Change the Bussiness Model to expand in SaaS

• Full time Business Development team in the USA

ZOE

Page 17: The TechBA program process to develop hi-tech companies

• A company based in Hermosillo

• Offices with full time operations in San Jose and Phoenix

• Software Product Development for medical devices, manufacturing and startups

• Recurring customer base with multiple projects running concurrently

• The company was invited to be part of the TechBA portfolio in 2006

• 2008 Sales estimated up to Q3: $ 750,000 US

Nearsoft

Page 18: The TechBA program process to develop hi-tech companies

• Sergio Aguirre started to develop 3D image processing software in college

• Later Sergio, working with a MBA student, exploited the 3D technology in the gaming industry – and build a company in an incubator in Monterrey

• In the process of defining a business plan for the new Co, Sergio analyzed several business opportunities in various industries such as gaming, entertainment and medicine. Finally they found an opportunity in medical applications thru a reference in Landes BioScience Magazine.

• Echopixel was invited in 2006 to be part of TechBA

• In developing their business, Echopixel brougth a variety of tecnologies from various disciplines: software,electronic hardaware and life science

• The company will be doing clinical trials in Cornel, New York

Echopixel

Page 19: The TechBA program process to develop hi-tech companies

• BluDNA was founded in 2005, development of a Bluetooth Protocol Stack was its main objective.

• In 2008 Annectere is founded, maintaining BluDNA as a subsidiary and R&D lab.

• Annectere now has achieved the certification for its Bluetooth Protocol Stack; 1 of 5 companies worldwide

• Our technology has been adapted in order to be integrated into Bluetooth headsets, USB cable replacements, wireless audio solutions and proximity marketing access points and Personal Computers

• Today they are integrating a complete solution for Bluetooth headsets geared towards ‘at home healthcare’

Annectere

Page 20: The TechBA program process to develop hi-tech companies

• An IT company from Puebla that manages and supports online information systems for universities and colleges

• In 2006, they adapted their software to manage a not-for-profit organization in the US

• Aprentix was invited to be part of theTechBA Portfolio in 2008

• Their customization of software for a NY non-profit organization was leveraged to build a product for a niche market in the Management Support Software for not-for-profit organizations

• Their product is currently in Beta testing by US Foundations

Aprentix

Page 21: The TechBA program process to develop hi-tech companies

• Has over 15 years of R&D in US and Mexico developing revolutionary technology that brings faster harvesting cycles and substantially higher biomass outputs

• The company incorporates research in Iowa, Davis and Sinaloa to elaborate their own patented process

• The Aonori product completed its first production cycle in Sinaloa

• The process is under way to test its faster cycles and high scale production conditions in third party facilities.

Sinaloa Seafields

Page 22: The TechBA program process to develop hi-tech companies

• A milk producer from Aguascalientes searching for new ways to sell milk, by transforming the current commodity business into high value products like snack bars, beverages, etc. that are not only healthy but also quite delicious.

• They hired a public university to develop the underneath technology for these products.

• Dairy a Day (the new name of the company) integrated a Board of Advisor with top leaders from the US Food Industry.

• A leader food product developer company design new products based on the original ideas, perform initial market test and provide the guidelines for producing the full product line

• Dairy a Day is ready to launch the first production batch to sell in the US

Grupo Delicias, now Dairy a Day

Page 23: The TechBA program process to develop hi-tech companies

A spin off from the research by the Technological Institute of

Sonora in conjunction with local entrepeneurs.

8 years of research and development and active cooperation

among the parties involved.

Bioderpac was established as a company late 2006.

The company’s propietary technology unlocks mass production

of the biopolymer “chitin”, free L-amino acids and astaxanthine.

Biological production provides standarized quality, solving the

market’s top pain.

Bioderpac’s products have a wide variety of applications, a

problem.

Bioderpac begins the TechBA program in late 2007, market

targets and paths defined.

September 2008 Bioderpac is ready and approaching its first sale in the U.S.

Bioderpac

Page 24: The TechBA program process to develop hi-tech companies

www.techba.com

www.techbacrunch.com

Q & A