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Tech Expo 2004 Presentation, 4 October 2004

A Different Approach. i s cm. Innovation Synergy Centre in Markham. Tech Expo 2004 Presentation, 4 October 2004. A Different Approach.

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Tech Expo 2004 Presentation, 4 October 2004

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  1. A DifferentApproach iscm Innovation Synergy Centre in Markham Tech Expo 2004 Presentation, 4 October 2004

  2. A Different Approach The InnovationSynergy Centre in Markham (ISCM) is a new concept focused on assisting thriving companies in realizing their growth potential in both the domestic and international marketplace. • the iscm model • synergy in action • far beyond markham iscm

  3. A Different Approach the iscm model iscm

  4. Innovation Synergy Centre Model • Not an Incubator • Not for Profit Organization • Ontario-wide service area • Target Company Metrics • Revenues > $1 Million • Staff of 10 + • Positioned for growth • Export oriented

  5. ISCM Target Client Market

  6. ISCM Business Services • Access to experienced business leaders • Seasoned counsel available for adviceon current business opportunities • Long term strategic guidance • Assistance with the following elements • Marketing • Financing • Planning • Operations • Competitive Analysis

  7. Value-Add Components • Bypass symptoms to identify real issues • Provide linkages and advice • Determine additional resources required • Qualify consultant deliverables • Ensure deliverables are provided

  8. Technology Sources Business Requirements Universities & CollegesGovernment LabsPrivate SectorTechnology Transfer –Domestic and International Experienced ManagementFinancial ResourcesMarket IntelligenceResearch & DevelopmentExport Development 95% of technology= global opportunity Commercialization: Opportunity & Potential

  9. University, Government Labs, Industry Pure R&D Applied R&D Commercialize New Technology ProductDevelopment Resources made available as appropriate. Commercialization: The ISCM Role Where does the ISCM fit? ISCM Core Focus Assist existing companies with10-50 employeesthrough growth opportunities. Approx. 100-200 cases per year

  10. What makes the ISCM unique? LINKAGES CREATED Government Programs Industry Associations Represented:Export Development CanadaNRC – IRAPRelationships:Industry CanadaOntario Exports Inc.MEDT Field OfficersCITO AOMM, YTA, HTX Resources and Clients ISCM INDUSTRY INTERFACE Academic Institutions Business York UniversitySeneca College RBC Royal Bank Individual Clients Financial, Management, Education, etc. Mentors

  11. A Different Approach synergy in action iscm

  12. Physically established in May 2003 Actively solicited clients starting December 2003 Founding Partners Establishment of the ISCM Founding Sponsor 1380 Rodick Road Markham, Ontario

  13. The Synergy Dynamic • Immediate access to resources • Instant collaboration on opportunities • AOMM, HTX & YTA share resources and networks • Interface with government provides new opportunities otherwise missed • New programs and events • AOMM has started new industry-specificPeer Group based on YTA model • Seminars, in partnership with business and NRC - IMI

  14. Client Profiles: Gross Sales

  15. Client Profiles: Services

  16. Client Feedback • “…very insightful. Thank you for your candor and (ahem) bluntness. See you next week.” • A. Matheson, software company founder • “…their counsel has changed how I do business” • Garry Lee, President, Global Advantage International • “…useful to meet a group of people with divergent backgrounds to discuss the hurdles we face. Your insights have helped us in developing our thinking…” • Martin Stanley, President Techno Knowledge Systems

  17. Cost Efficiency of the ISCM • 100 companies assisted • Mutual support • Many organizations are co-hosted • They support one another’s initiatives • Over 100 experienced mentors/advisors from all areas of business available as required

  18. A Different Approach far beyond markham iscm

  19. International Trade Delegation Visits • United States • Dallas, Texas and Cary, North Carolina • Great Britain (2) • Australia • Austria • Egypt • Mexico • Sweden

  20. Duplication of ISCM Model • Waterslea (Sydney), Australia • Cary, North Carolina • Others are being considered…

  21. ISCM Markham: Our Coordinates • 1380 Rodick Rd., Suite 100Markham, Ontario L3R 4G5 • 905-248-2727 • www.iscm.ca • mail@iscm.ca iscm

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