CLIENT ENGAGEMENTS
Incubator, Accelerator and Other Entrepreneurial Support Programs
Plan & Launch

The University of Texas Health Science Center San Antonio (UTHSCSA)

Working with the Office of Technology Commercialization, BCD identified appropriate models to assist faculty inventors and entrepreneurs with product development and business startup, and to enhance technology commercialization in the biosciences. The resulting plan, developed by BCD, for an accelerator, maker space and wet lab incubator, described the services to be provided, facility use, staffing, and operating budget. BCD conducted more than 50 stakeholder interviews with university faculty and administration, the business community and economic development officials to understand the opportunities and role of a UTHSCSA-focused commercialization program in the San Antonio ecosystem.

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California State University Los Angeles As part of a larger initiative to grow the bioscience cluster in Los Angeles County, BCD conceptualized a bioscience incubator that engages both the Cal State LA campus and its East Los Angeles community through four principal activities: entrepreneurial support for startups; industry-university collaborative research projects; entrepreneurial education and experiential learning opportunities for students and faculty; and community outreach to local community college and high school students. BCD then developed a complete business plan to deploy these concepts, and provides ongoing advice to university leadership as it moves through the fundraising and building construction phase. The incubator opening is planned for September 2018. Yodlee BCD developed an approach and plan for a more robust accelerator program at Yodlee (now, Envestnet Yodlee), a fintech company in Silicon Valley, and then helped to launch the program. After identifying specific ways to deliver more value to entrepreneurs in the program and to Yodlee, BCD first designed an enhanced accelerator that features dedicated tech support for rapid development on the API, mentors to advise on business model and growth, connections within the fintech ecosystem and Yodlee’s partners and customers to provide market intelligence and partnering opportunities, investor engagement, and a bootcamp approach that facilitates peer-to-peer relationships. Next, BCD worked closely with the Yodlee team to launch the accelerator, including recruitment of the first cohort, development of the curriculum, creation of the mentor program, and hiring of the Director and staff. University of Central Florida (UCF) BCD prepared an operations plan for the first, life science incubator in the award-winning UCF incubator network in Metro Orlando. The incubator will play an important role in the privately developed Medical City complex, which includes several research institutes, hospitals and the new UCF Medical College, and in helping to diversify the regional economy by creating a life science cluster. BCD addressed organizational structure, facility design, operating budget, and financial sustainability model. The incubator is currently under development.   AARP Working with the Thought Leadership Group at AARP, BCD developed a strategy and business plan for an incubation program aimed at increasing the number of healthcare technology products designed and commercialized for consumers in the 50+ market. BCD’s approach leveraged the tremendous power of AARP’s membership as product reviewers and mentors to entrepreneurs; AARP’s connections into healthcare ecosystems across the U.S.; and the well-known AARP brand. The program launched in 2013.
Pre-Planning & Consensus Building

Okanagan Research and Innovation Center

BCD worked with the board and staff of the Okanagan Research and Innovation Center (ORIC) on establishing clear strategic directions for this two-facility, ICT incubation program in the Okanagan region of British Columbia, Canada. One location was housed within the National Research Council – Dominion Radio Astrophysical Observatory, and the other was more centrally located in Kelowna. The primary focus of the work was a daylong training and strategy session with board and staff, where BCD first taught incubation best practices, and then facilitated the building of consensus on key strategic issues that would determine the future of its operations and financial sustainability.

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Santa Clara University BCD provided guidance to the Provost, deans and key faculty at this private university in Santa Clara, California on determining the most appropriate model for supporting entrepreneurship among alumni, faculty and students, and then, once they agreed on the creation of an accelerator, helped them to identify the strategic opportunities for the program. BCD conducted a set of one-on-one meetings and facilitated a group session of key academic leaders. SCU later engaged BCD to develop the complete business plan for an accelerator focused information technology and social ventures.
Strategy & Management

Tech Fort Worth

BCD conducted a strategic review aimed at aligning this operating incubator in Fort Worth, Texas with industry best practices. BCD interviewed board members, staff, key funding sources and clients, and made recommendations on management, governance, finance and services. Specifically, BCD advised Tech Fort Worth to focus on core competencies, align program decision-making around those core competencies, diversify revenue streams, improve client graduation rates, and modify the board structure. The board adopted the recommendations and staff has since implemented them.

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West Texas A&M University Enterprise Center

After operating for 10 years, the WTAMU Enterprise Center in Amarillo, Texas sought to expand its incubation program and facility. BCD’s sustainability plan identified expansion opportunities that could be completed in a financially sustainable manner and generate new revenues. The opportunities, which have been realized, included the addition of two new cluster foci, clean technology and food; coworking space; and a facility to retain graduating companies in the community. In addition, the plan emphasized a new role for the Center: the entrepreneurial hub in the greater Panhandle region.

BioStart

BCD performed a best practices assessment for this 10-year old bioscience incubation program in Cincinnati, and then developed a sustainability plan designed to help achieve its vision for the future. Following an evaluation of the program against key best practice indicators, BCD recommended several approaches to better align the program, enhance commercialization and startup opportunities with BioStart’s university and hospital partners, and create strategic relationships with life science companies in the region. BioStart later sought and obtained Ohio Third Frontier funding to implement the recommendations.

Innovation Clusters and Entrepreneurial Ecosystems
Assessment & Strategy

University of Illinois Research Park

BCD identified three technology clusters (data analytics and management, biomedical and bioengineering, and energy) that could be utilized for economic development, based upon its review of the University of Illinois’ research, commercialization and spinout activities at its flagship campus in Urbana-Champaign, EnterpriseWorks incubator and Research Park. With its strong record of spinouts from intellectual property developed by faculty and graduate students, Illinois sought to leverage this advantage to benefit the local communities. BCD worked with an Economic Development Advisory Group convened and chaired by the Chancellor, and with the Director of the Research Park.

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Rutgers, The State University of New Jersey

BCD was engaged by Rutgers to develop a strategic plan for establishing a clean and renewable energy cluster in the State of New Jersey. Through an extensive, statewide interviewing process and review of legislation and regulations, BCD assessed the current state of the cluster, and the opportunities for and barriers to growth. BCD’s recommendations intentionally ranged from those that could be quickly and easily adopted, to those that would require greater commitment of resources and longer development timeframes. Rutgers has deployed several of the recommendations.