Taking the Leap - Validate First

I remember when I started my second company many years ago. It was a dog food manufacturing business. I developed a recipe after my dog became very ill and no veterinarian could figure out what was wrong. My last option was exploratory surgery. I took a gamble and developed a food after researching what an optimal diet should look like for dogs with similar symptoms. I watched anxiously to see how my dog reacted. When my dog not only started eating again, but her energy increased and her coat looked fabulous, I figured it was time to go into business.

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Patti DuBoisComment
The Greening of Things

The Greening of Things
Written By Tom Zender

Phoenix-area interest and activity is increasing in the Greening of Things. Clean energy, food, technologies, equipment, supplies, ecology, and more are fueling our local economy. We are now part of the growing clean, green economy.

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Patti DuBoisComment
Taking Your Pitch Deck to GREAT

This is the first article in a series focused on building a great pitch deck, and if you are an entrepreneur and you need funding, at some point, you have to get out there and pitch. Yup, it is inevitable. And, it isn’t entirely enough to talk a good talk. If you have a shot at delivering an outstanding presentation, then your pitch deck design must stand out as well. There are a lot of businesses looking for money. Design can be the deciding factor for getting major funding, attracting key media, and landing big customers. A winning pitch deck is a mixture of great design and focused, clear content. It also has to fit into a time structure. Are you overwhelmed just thinking about how to do this? Let’s break down the design portion.

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Patti DuBois Comments
Thoughts on Rise of the Rest Event

CEI was please to participate in the very exciting Rise of the Rest event sponsored by AOL founder and entrepreneurial investor, Steve Case. His U.S. bus tour is promoting the acceleration of entrepreneurship and innovation in cities beyond the startup strongholds of Silicon Valley, Boston, Austin, and New York.

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Patti DuBoisComment
3 Major Funding Announcements from CEI Clients in One Week

We learned early on in the development of our business incubator that our story would best be told by those businesses in the program. More than the services we provide or the facility that we built, the true measure of success would come from the milestones attained by CEI clients. It would prove that the combination of their unique innovations and hard work - and ultimately our ability to support and develop viable businesses for Phoenix - made a difference. So when three member companies announce major funding in as many days, you can count that as a HUGE win for the incubator that houses them. Indeed it has been a good week for the Center for Entrepreneurial Innovation.

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Greg BullockComment
New Report: Find Out Where Phoenix Ranks for Cleantech

Earlier this month, Portland-based Clean Edge Inc. released its annual “U.S. Cleantech Leadership Index” which lists the highest ranking states and metro areas based on their activities around clean energy, renewable technology adoption, investment and innovation. The report gives unique insight into the intersection between a city's public and private support with the growth of the industry within its borders. Here is where Phoenix lands on the report as well as other key findings.

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Greg BullockComment
How CEI graduate VisionGate crushed their business incubator experience

As a business incubator professional, I truly enjoy watching entrepreneurs take advantage of the plethora of resources at their disposal within a program – from advice and mentorship to facilities and equipment. VisionGate, a company that has developed innovations for the early detection and prevention of lung cancer, graduated from the Center for Entrepreneurial Innovation (CEI) incubator in Phoenix, Arizona in October 2015 and totally crushed the experience in 3 major ways.

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Greg BullockComment
Here’s Why Healthcare Startups Are Blowing Up their Industry & How They Destroy the Competition

Startups in the healthcare space have inundated the market the last few years, from those companies transforming digital health record management to others that focus on improving the patient experience. In Phoenix alone, we have seen a glut of promising new technologies that include well-funded businesses and their lesser known but no-less-interesting counterparts. Nationally, venture capital in the amount of $4.1 billion was given to digital healthcare companies in 2014; other studies have overall funding for these companies at $6.5 billion. Regardless the message is clear: new and innovative digital healthcare solutions have become not just a startup trend, but a national one. And here’s why.

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Greg BullockComment
Entrepreneurs v. Super Incubators (and Everything in Between): A New Era of Resource Confusion

First off, I promise there will be no spoilers of Batman v. Superman in this post, in case you were worried. Instead I am going to try and clear up the (very) muddy waters of entrepreneurial support organizations. With so many options and - as I will illustrate - nuances within those options, it can be very difficult for startups to navigate the world of professional business resources and services. Hopefully, this post helps make it easier.

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Greg BullockComment
Everything Medical Device Startups Need to Know about New Medtech Legislation

With continuous innovation occurring in the medical field, it is imperative for federal regulations to keep pace. Today, most new and follow-on devices experience a lengthy regulatory process, especially when compared with their drug counterparts. But the federal government is trying to address this and other concerns through new proposed legislation. Here is what we know thus far.

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Greg BullockComment
Want to raise growth-stage capital? Join an incubator or accelerator, studies suggest

Earlier this month, Pitchbook released a landmark report which concluded that one-third of all US startups that raised a Series A in 2015 had gone through an accelerator program at some point in their development. Coupled with similarly promising data about business incubators - including one study that noted 40% of early-stage incubatees sourced their investment through connections within the incubator itself - and it appears that joining these types of programs bear long-term financial fruit for growing companies.

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Greg BullockComment