Welcomes

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The Center for
Business and
Technology Development
Welcomes
Business Incubator at
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The Center for
Business and
Howard County
Technology Development
Economic Development Authority
HCEDA
The Countys public / private Economic
Development agency
Promote economic growth and stability in the
county
Grow and support existing businesses
Attract targeted new businesses
Assist businesses with
Site selection, financing options, employee
recruitment and training, permit and regulatory
issues, networking and other development services
Small business development, entrepreneurial
support, and technology business incubation
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The Center for
Business and
Technology Development
Howard County is a dynamic, diverse, vibrant,
culturally enriched and globally competitive
community, in perpetual renewal, fueled by
education, innovation and involvement and
strengthened by high quality of life and economic
vitality.
HCEDA Vision 2011
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The Center for
Business and
Technology Development
Responsible for HCEDA efforts in
The Center for Business and Technology
Development (The Center)
Small Business Development
Entrepreneurial Support
Technology Business Incubation
Dedicated to the discovery, nurturing, growth,
and success of entrepreneurship in Howard County
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The Center for
The Center for Business and Technology Development
Business and
Technology Development
The Center
Center Advisory Board
Business Resource Center (BRC)
NeoTech Technology Incubator (NeoTech)
Serves approximately 1,000 entrepreneurs annually
James Rouse Entrepreneurial Fund (J-REF)
Howard Technology Council (HTC)
Small Business Development Center (SBDC)
SCORE
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The Center for
Center Amenities
Business and
Technology Development

• Secured Facility with 24 hour access
• Broadband Internet Access
• 12,800 sf Office Space with break room
• Lobby with Reception Staff
• Copy and Mail Center
• Meeting Rooms
• Business Resource Library

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The Center for
Business and
Technology Development
Howard Technology Council
My Vision for the Technology Council
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The Center for
Business and
Technology Development
Howard Technology Council
Be the go to resource for business

• Education
• Opportunity creation
• Special efforts
• Collaboration

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The Center for
Business and
Technology Development
Howard Technology Council
Education
Monthly Seminars Technology Panels Tech Days
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The Center for
Business and
Technology Development
Howard Technology Council
Opportunity creation

• Primes business outreach programs
• Certification
• Leveraging the business community

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The Center for
Business and
Technology Development
Howard Technology Council
Special Efforts
Affinity groups Partnerships (Johns Hopkins)
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The Center for
Business and
Technology Development
Howard Technology Council
Collaboration

• Networking events
• Resources and opportunities
• Cooperative business development

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The Center for
Business and
Technology Development
The Business Resource Center (BRC)
Established in 1995
Serves 75-100 Customers per month
Provides small business training and support
services
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The Center for
The Business Resource Center (BRC)
Business and
Technology Development
Select BRC Programs
Smart Start to Business Success
Developing Your First Business Plan
Franchises Safe or Hidden Risks
BRAC Business Opportunities An Introduction to
Federal Contracting
Access to Capital / Alternative Business Financing
Export Howard County Going Global for Small
Businesses
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The Center for
The Business Resource Center (BRC)
Business and
Technology Development
Counseling

• Individual counseling through two SBA programs
  SCORE and SBDC
• Through independent consultants, as needed

• International Trade Committee

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The Center for
The Business Resource Center (BRC)
Business and
Technology Development
Funding Resources and Support

• Funding Resources (Local, State, Federal
  Programs)
• Equity Financing
• j-ref an alternative loan fund

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The Center for
The Business Resource Center (BRC)
Business and
Technology Development
Internal and External Partner Services

• Center Partners
• Howard Community College
• Howard County Library
• Howard County Office of Purchasing
• Procurement Technical Assistance Program
• U.S. Export Assistance Center
• Department of Business and Economic Development

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The Center for
The Business Resource Center (BRC)
Business and
Technology Development
Networking

• Facilities
• Business Resource Library
• Meeting Rooms

• Virtual Office Program
• Mailbox rental
• Reduced rate in meeting room rentals

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The Center for
NeoTech
Business and
Technology Development
Technology Incubator
Established 2000
Information Technology Advanced Technology
Hardware /or software product development,
telecommunications, the Internet applications
services, Web development
Federal Sector service providers
Why?
Foster job creation
Increase start up firms chances for survival
success
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The Center for
NeoTech
Business and
Technology Development
Technology Incubator
Mission
Goal
To accelerate the development of sustainable
technology-based business by providing
entrepreneurs with the specialized
infrastructure, guidance and networking contacts
necessary to launch and realize their vision.
To establish an environment such that small
companies, start-up companies, and first-time
entrepreneurs can grow, prosper and create jobs
in Howard County.
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The Center for
NeoTech
Business and
Technology Development

• 15,500 SF Rentable Office Space
• 22 Physical Tenants
• 8 Affiliates
• 15 Graduates

• The NeoTech Advantage
• Business Development Assistance
• Community of Peers
• Ability to Focus on Core Competency

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The Center for
NeoTech
Business and
Technology Development
Entrance Requirements

• Capacity to pay for space and services
• Technology focus fits with NeoTech
• Propriety aspect to products or services
• Relative potential for fast growth and
  significant job
• creation over time
• Realistic and achievable business plan
• Full-time venture
• Can be coached

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The Center for
NeoTech
Business and
Technology Development
Award Winning!

• National Business Incubation Association
• 1,500 Incubators in US
• NBIA Innovation Awards
• 2002 Angels Eggs
• 2004 Sustainable Business Excellence
• 2006 Federal Small Business Initiative
• Applied for Incubator of the Year for 2007

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The Center for
Business and
Technology Development
Thank you! Questions?
Linda Burger Larry Collins Cynetta Cardwell Carol
Morrison 410.313.6550