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Alta Innovation Institute. www.altainnovation.com. Alta Innovation Institute.
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Alta Innovation Institute www.altainnovation.com
Alta Innovation Institute • The Alta Innovation Institute is committed to enabling entrepreneurship and innovation through the dissemination of knowledge about the entrepreneurial process, the establishment of innovation networks, and the continued development of established and developing economies for the economic and social benefit of all www.altainnovation.com
Alta Innovation Initiatives • Innovation Network Development • E100 • Monterrey Venture Capital Conference • Redspan Platform • Knowledge Creation and Dissemination • Entrepreneurial Ecosystem Development • Nail It then Scale It Methodology • Global Entrepreneurship Education
Global Entrepreneurship Education Course Series • Global Entrepreneurship Course • Knowledge to enable entrepreneurs • Partnership with key thought leaders • Four-part series • Ethics and Entrepreneurship • Entrepreneurship Basics • Nail It • Scale It
Course Highlights • Ethics and Entrepreneurship • In partnership with PricewaterhouseCoopers • Trust forms foundation of effective entrepreneurial networks and economies • Creating awareness and commitment
Course Highlights • Nail It then Scale It Methodology • Accelerating Breakthrough Innovation
Course Highlights • Nail It then Scale It Methodology • Studied successful entrepreneurs and innovators • Intuit, Cisco, Google, Ford, Convergent, Supermac, etc. • Method to decrease risk, increase success • Idenfitify a market problem • Test the market pain • Validate the solution quickly and efficiently
Results • Early stage • Startups transform business model • Complete redefinition of model • Raised $M in U.S. investment • Increase in successful launch and traction • Later stage (turn-around) • Restart growth • Ex: Crime Reports • Before using method closed 1 customer in 7 years • After using method closed 1000 customers in 2 years • Increase innovation
Alta Innovation Institute • Near Term Outputs • Nail It then Scale It Book • Entrepreneurial Thought Leaders Board • Education Outreach www.altainnovation.com
Feedback • Feedback and input welcome! • Alta Innovation Institute • www.altainnovation.com • Nathan Furr • nfurr@byu.edu • Paul Ahlstrom • paul@altaventures.com • Rogelio de los Santos • rogelio@altaventures.com