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EMPOWERING ENTREPRENEURS

EMPOWERING ENTREPRENEURS. POWERING THE MIDWEST ECONOMY. It is clear that new and young companies and the entrepreneurs that create them are the engines of job creation and eventual economic recovery. The Kauffman Foundation Where Will The Jobs Come From?.

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EMPOWERING ENTREPRENEURS

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  1. EMPOWERINGENTREPRENEURS

  2. POWERING THEMIDWEST ECONOMY

  3. It is clear that new and young companies and the entrepreneurs that create them are the engines of job creation and eventual economic recovery. The Kauffman Foundation Where Will The Jobs Come From?

  4. Pipeline is an elite organization of world-class entrepreneurs working together to build a sustainable Innovation Ecosystem in the Midwest that sets an example for the nation

  5. DIFFERENCE • Immersion experience • Fellowship • Direction and trajectory • National network • Create investors • Mold leaders • Change communities

  6. HOW • Careful selection • 10-12 entrepreneurs • High-impact businesses • Rigorous testing • Year-long fellowship • Commitment to community • Lifelong membership

  7. TODAY • Transition • Kauffman Foundation • Regional expansion

  8. NETWORK

  9. NATIONAL NETWORK • National board of advisors • Exceptional pedigree • Microsoft • Silicon Valley Bank • Building bridges

  10. REGIONAL FOUNDERS • Advent • Ewing Marion Kauffman Foundation • Grassmere Partners • Home Instead • Jim and Karen Linder Foundation • Prairie Ventures • Scott Technology Center • University of Nebraska • Regional Sponsors • Microsoft BizSpark • Polsinelli Shugart • Skandalaris Center for Entrepreneurial Studies at Washington • UniversitySNR • DentonUPS

  11. PARTNERS • Bioscience & Technology Business Center at the University of Kansas • Angel Capital Association • Center for Advanced Professional Studies at Blue Valley High School • Enterprise Center of Johnson County • Entrepreneurs Exchange • Greater Kansas City Chamber of Commerce • Invest Nebraska • Womens Capital Connection • Kansas Women’s Business Center • Kauffman Labs • KC Source Link • Guidewire Group • Mid America Angels • Midwest Venture Alliance • Nebraska Angels • Nebraska Global • NuTech Ventures • Omaha Chamber of Commerce • Silicon Prairie News • Silicon Valley Bank • Startup Weekend • Think Big Partners • Thinking Bigger Business Media • University of Nebraska Medical Center • Wichita Technology Corporation

  12. ADVISORS • Ali Andalibi • National Institutes of Health • Washington D.C. • Tom Churchwell • Midwest Venture Partners • Chicago, IL • Alec Dingee • Founder, MIT Venture Mentoring Service • Cambridge, MA • Suzette Dutch • Triathlon Medical Ventures • Cincinnati, OH • Clare Fairfield • Concerto Advisors • Iowa City, IA • Joe Hadzima • Former Chairman MIT Global Enterprise Forum • Cambridge, MA • Laura Kilcrease • Triton Ventures • Austin, TX • Tom B. Pickens, III • Astrotech • Austin, TX • Chris Shipley • GuideWire Group • San Francisco, CA • Cliff Reeves • Microsoft Emerging Business Team • Redmond, WA • David Wilhelm • Woodland Venture Management • Columbus, OH

  13. There are a lot of ways to move the economic needle in this country, but the focus on high-growth entrepreneurs like this; this is where it’s going to get done and this is the reason why we support Pipeline. Thom Ruhe The Kauffman Foundation

  14. POWERFUL IMPACT

  15. JOB GROWTH Calculated from 2009 Survey data and NETS/Youreconomy.org, 2007-2009 for KS and US

  16. REGIONAL IMPACT • 300 new jobs • 771 total employment • $50M in total wages

  17. DIVERSITY

  18. DIVERSITY

  19. IT SECTOR

  20. MANUFACTURING

  21. LIFE SCIENCES

  22. EXPANSION

  23. EXPANSION • Tough economic times • Wichita • Key drivers • Economic transformation • Technology community • Pipeline entrepreneurs: • Jeremy Jones, • Brian Williamson • Nate Gregory

  24. BRIAN WILLIAMSON

  25. BRIAN WILLIAMSON JCB Laboratories Quote "Pipeline is a big advantage to entrepreneurs in Wichita - it immediately connects you with a national network - as well as the rest of the entrepreneurs in Pipeline. If you are striving to build something big – do this. You won't regret it...." • $1.5M investment for facility three times original size • 93% year over year growth rate • Hired 12 high wage employees

  26. NATE GREGORY

  27. NATE GREGORY MoJack Distributors Quote “As a member of the 2010 class, the knowledge I gained, the relationships I built and the Pipeline network itself continue to help me accelerate the growth of my company.“ • 40 new jobs in 2013 • 500% sales growth in new market • Ranked 208 on Inc. 500 List in 2012 • Customers • Home Depot • Tractor Supply • Northern Tool

  28. JEREMY JONES

  29. JEREMY JONES Nitride Solutions Quote “Pipeline was one of the key reasons that we decided to remain in Wichita, and it is gratifying to see it expand and evolve into a huge asset for the region.” • Raised $2.5M in equity since • Won Phase I SBIR award from National Science Foundation • Increased head count from 2 to 9 professionals

  30. EXPLOSIVE GROWTH

  31. EXPLOSIVE GROWTH • Most businesses start small and stay small • High growth firms are rare • Less rare in the Midwest • Nationally recognized • Spawning high-growth firms

  32. REGGIE CHANDRA

  33. REGGIE CHANDRA Rhythm Engineering Quote “Some of the greatest things I’ve taken back from Pipeline are the quality of the peers, and the friendships and networks. It’s not just a one-year program.” • 40% employment growth since 2011, increasing employees to 43 • 38% increase in revenue • Ranked 2012 Fastest Growing Company in Kansas City

  34. JEFF HARGROVES

  35. JEFF HARGROVES ProPharma Group Quote "Pipeline helped our business mature. I realized that no goal is too audacious and no deal is too big to consider. Since Pipeline we have made one very significant acquisition and intend to do more as we continue to accelerate our top and bottom line growth." • Over $30M in revenue in 2012 • 100% increase in employees from 100 to 200 employees • 300% increase in revenue and profit since joining Pipeline

  36. JAN SRACK

  37. JAN SRACK Matrix Electronic Measuring Quote "Without Pipeline and the support from mentors and advisors, Matrix would not be where it is today. “ • Pre-revenue to $1MM in revenue in 2012 • Plant is now producing 10 units per month • Two patents awarded with two more pending

  38. EXITS

  39. EXITS • The dream • Become investors • New employees • Create winners

  40. TOBY RUSH

  41. TOBY RUSH Rush Tracking/EyeVerify Quote “Pipeline has by far the best entrepreneurial network that I have found in the Midwest,” • Rush Tracking – • Organic growth from 2 to 25 employees • $1.6M funding raised in 2 rounds • Exited to private equity • EyeVerify • $1.5M raised in seed round • Hired 5 Full-Time Employees; 4 contractors

  42. JASON TATGE

  43. JASON TATGE Farms Technology Quote “Going through the program was amazing and now being part of the Pipeline Member network is truly invaluable and will be for life.” • 10,000% increase in revenue from Pipeline fellowship year to 2012 • Increase employees from 3 to 7 • DPP went mobile in 2011 • Acquired by DuPont in December 2012

  44. DAVYEON ROSS

  45. DAVYEON ROSS Digital Sports Ventures Quote "The connections you get from the Pipeline are going to help you foster relationships for this current business and future businesses to come.” • 9 FTEs and 25 Part-Time employees • Streaming 1.5M video streams nationwide • Acquired by Digital Broadcasting Group in New York

  46. LEADERSHIP

  47. JONI COBB • Founding President and CEO • Drive • Vision • Implementation • Lawyer • Speaker • Leader

  48. MICHAEL BECKLOFF • Chairman of the Board • CEO of Beckloff Associates, Inc., • Life sciences • Leader

  49. MEMBERS

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