#TEC2014

www.vtcrc.com/resources/tec2014 Friday and Saturday, November 14 & 15, 2014

Agenda:

Friday, November 14, 2014

• 2:00 – 6:00 p.m. Check-in: The Inn at Virginia Tech and Skelton Conference Center

• 3:00 – 5:00 p.m. Tour of Virginia Tech

Goodwin Hall (Signature Engineering Building): Goodwin Hall contains eight classrooms; an auditorium; 40 instructional or research labs; and 150 offices for faculty, staff, or graduate students Institute for Critical Technology and Applied Science (ICTAS): Leverages Virginia Tech’s existing research strengths to position the university as an agent of discovery and problem solving in the technological and scientific global environment. The institute accomplishes this mission by coordinating the university’s talented and creative faculty in the pursuit of interdisciplinary and multidisciplinary research. Entrepreneurial and dynamic in nature, ICTAS leads technology transformation by making strategic investments in selected research areas and by nurturing a proactive, responsive, and nimble research culture.

- Shuttle pickup at The Inn at Virginia Tech and Skelton Conference Center at 2:45 p.m. - Shuttle returns to The Inn at Virginia Tech and Skelton Conference Center at 5:15 p.m.

• 6:30 – 9:00 p.m. Reception and Entrepreneur Exhibit - 6:30 – 7:30 p.m. Network with Hokie entrepreneurs, investors and Virginia Tech faculty/staff - 7:30 – 7:40 p.m. Please make your way to Solitude - 7:45 p.m. Joe Meredith, Ph.D., President, Virginia Tech Corporate Research Center - 7:50 p.m. Robert Sumichrast, Dean, Pamplin College of Business, Virginia Tech - 8:00 p.m. Timothy D. Sands, Ph.D., President, Virginia Tech Hors d’oeuvres and Cash bar: Upper Quad; Presentation: Solitude; Exhibits: Cascades

Saturday, November 15, 2014 Saturday events: VCOM Event Center at the VT Corporate Research Center

2280 Kraft Drive, Blacksburg, VA 24060

• 7:40 a.m. Pick up at The Inn at Virginia Tech and Skelton Conference Center to the VCOM Event Center at the Virginia Tech Corporate Research Center. If you do not catch this shuttle, you will need to drive to the VCOM Event Center. Additional shuttle times will be available periodically.

• 7:45 – 8:30 a.m. Check-in: VCOM Event Center Lobby Start the morning off with a complimentary Continental breakfast

• 8:30 a.m. - Welcoming remarks Joe Meredith Ph.D., President of the Virginia Tech Corporate Research Center

• 8:45 – 9:30 a.m. PANEL 1 First Money In: Seed Funding, Angels, Grants, Kickstarters. Today more alternatives exist for financing an idea than ever before. This panel will discuss a variety of structures, typical terms, the trade-offs of each and how to choose the right option for your venture. Panelists: Ted Daniels, Jen O’Daniel, Alex Obenauer, Guggan Datta, Jason Corwin

• 9:35 – 10:15 a.m. PANEL 2 Venture Financing. What do VCs look for and what is negotiable on a term sheet? Speakers will address the fundraising process, reveal how valuation is determined, and share tips on how to best position your company for a term sheet. Panelists: Doug Dooley, Gabriel Wilmoth, Jen O’Daniel, Sever Totia, Jim O’Connell

• 10:20 - 10:35 a.m. - Networking break

• 10:40 – 11:25 a.m. PANEL 3 Impact of People: Human Capital – No one can do it alone. How to build the team that makes a vision reality. The panel will discuss culture, co-founders, key executives and advisors. It will explore entrepreneurial blind spots, how to recognize and strengthen weaknesses, and where entrepreneurs & CEOs often get it wrong. Panelists: John Kinzer, Chris Dixon, Wally Newton, Doug Juanarena

• 11:30 a.m. – 12 p.m. PANEL 4 The Art of the Exit: M&As and IPOs – There is no greater public validation of a company’s success than an offer of acquisition or IPO. How do deals come together, where do they fall apart, and what should you expect?

Panelists: John Kinzer, Guggan Datta, Sever Totia

• 12:00 – 1:30 p.m. - Networking lunch (12:15 p.m. – a dividing wall will separate the room to incorporate the concurrent pitch session)

1:10 p.m. Joe Meredith introduction 1:15 p.m. Karen Jackson, Secretary of Technology, Commonwealth of Virginia. Karen Jackson is senior advisor to Governor Terry McAuliffe and was appointed in 2013. Prior, Karen served as Vice President for broadband programs at the Virginia Center for Innovative Technology.

• 1:30 – 2:05 p.m. – PANEL 5 Taking the Entrepreneurial Plunge - When do you leave a promising career or University to launch a startup? Panel will discuss year 0-1 as an entrepreneur, how to get a venture off the ground, and what they wish they had known prior to making the leap. Panelists: Alex Obenauer, Louis Cirillo, Pat Matthews, Ryan Carter

OR

Option 2: PITCH SESSION: Many startups seek access to external sources of funding to effectively build and launch their product. This session features six promising startups competing to win a cash prize of $2,500. (1:30 – 3:15 p.m.)

1:30 – 1:45 p.m. Biotherapeutics (BTI) is a pre-clinical stage company developing novel small-molecule drugs to treat inflammation associated with autoimmune related disorders and type 2 diabetes (T2D). 1:45 – 2:00 p.m. Card Isle is developing a Redbox for greeting cards that connects local and independent artists with their communities through a distributed printing platform. 2:00 – 2:15 p.m. Cell-Free Bioinnovations is reinventing mobile power: our bio-battery leverages the energy density of sugar and the catalytic power of enzymes to create a power source that lasts ten times as long as rechargeable (lithium-ion) batteries, without any of the associated environmental hazards. 2:30 – 2:45 p.m. Konnect Kloud helps intermodal shipping companies optimize freight by giving users the ability to share organized data with those they trust. 2:45 – 3:00 p.m. phenoCHIP is building a leading medical technology company through the advancement of dielectrophoretic technology, a highly-sensitive phenotypic screening assay developed at Virginia Tech, allowing the development and commercialization of proprietary products/services for ID, recovery, and sterile collection of viable rare cells at native states from all types of biological samples. 3:00 – 3:15 p.m. Riff Digital is the software development company behind Riff: an ephemeral music-messaging app, effectively “Snapchat for music.”

• 2:10 – 2:50 p.m. PANEL 6 Beyond IT: Alternative Models in Entrepreneurship. Athletics. Defense. Integration. IP spinouts. Entrepreneurship exists in many different forms and industries. Hear experiences of what it takes to launch and grow successful businesses. Panelists: John Hite, Mike Melo, Judd Robins, Mark Coburn

• 2:55 – 3:10 p.m. Networking Break

• 3:15 – 3:40 p.m. PANEL 7 Capital Efficiency and the New Age of Bootstrapping. Several new startup resources have been introduced, including incubators, NuSpark, AWS, BizSpark and Rackspace Startup Program, which provide free or heavily discounted services. Learn how to build your startup without capital by understanding the most helpful options and Blacksburg’s best resources. Panelists: Doug Dooley, Alex Obenauer

• 3:45 – 4:30 p.m. PANEL 8 Overcoming Failure: The Pivot and Lessons Learned. Reflections on the inevitable bumps in the road. Panelists share surprises and setbacks, and discuss what happens when things don’t go according to plan. Panelists: Jason Corwin, Pat Matthews, Doug Juanarena

• 4:15 p.m. [optional] The shuttle will take participants back to The Inn at Virginia Tech before the “Evening of Entrepreneurship” if needed. The shuttle bus will return participants to VCOM at 5:45 p.m.

• 4:30 – 5:45 p.m. Networking Reception with hors d'oeuvres and cash bar Lobby of VCOM Event Center

• 6:00 – 9:00 p.m. - Evening of Entrepreneurship Enjoy a dinner buffet of herbed baked chicken, baked stuffed shells, oven-roasted potatoes, California vegetable medley and house salad with Pecan pie and New York cheesecake with cash bar. The program will begin at 6:30 p.m. 6:30 p.m. Welcome to the “Evening of Entrepreneurship” program and introduction of Tom Tillar Joe Meredith Ph.D., President of the Virginia Tech Corporate Research Center 6:45 p.m. Outstanding Alumni Entrepreneur Recognition Program Tom Tillar Ph.D., Vice President of Alumni Relations 7:00 p.m. Pitch session winner announced Dan Sable Ph.D., VPT 7:15 p.m. Introduction of Keynote Speaker: Joe Meredith, Ph.D. 7:20 p.m. Brian Sullivan ‘93, Anchor Host of the CNBC programs “Street Signs” and “Talking Numbers” 7:45 p.m. Launch of Entrepreneur Eco-System website Joe Meredith, Ph.D. 8:00 – 9:00 p.m. Networking time! The shuttle will take participants back to The Inn at Virginia Tech after the conference.

Additional Events

Sunday Optional Event: Hokie VCs and Cashed-Out Entrepreneurs 9:00 - 11:00 a.m., TechPad (Above PK’s Restaurant, 432 North Main Street, Suite 200, Blacksburg, VA 24060) - RSVP at https://nvite.com/HokieVCs/b43.