`OEDIT PresentationsDecember 8, 2011

Collaborative innovation is key for job creation and economic growth

“Given the complexity of the problems and need for innovation, it is not possible to achieve goals without collaboration” (President Barack Obama)

1. Attracting Capital

2. Attracting and Keeping Businesses in Colorado

3. Paving the road from innovation to job creation

4. Ensuring a stable and adequate investment in research and development

5. Giving small businesses the tools they need to compete

6. Creating a competitive regulatory environment

1. Invest in the Building Blocks of American Innovation Restore American leadership in fundamental research Educate the next generation with 21st century knowledge

and skills while creating a world-class workforce Build a leading physical infrastructure Develop an advanced information technology ecosystem

2. Promote Competitive Markets that Spur Productive Entrepreneurship Promote American exports Support open capital markets that allocate resources to

the most promising ideas Encourage high-growth and innovation-based

entrepreneurship Improve public sector innovation and support community

innovation

3. Catalyze Breakthroughs for National Priorities Unleash a clean energy revolution and end our

dependence on oil Support advanced vehicle technologies Drive innovations in health care technology Harness science and technology to address the "grand

challenges" of the 21st century

National Economic Priorities Colorado’s Challenges

Colorado Innovation Network: Why now?

Bottom Up Economic Development Initiative (Spring 2011)

Colorado Blueprint (October 2011)

Colorado Innovation Network (November 2011)

Coloradans for an Innovation Economy (June 2011)

Governor John Hickenlooper

U.S. SenatorsMichael Bennet &

Mark Udall

Colorado Innovation Network: What is it?

MissionThe Colorado Innovation

Network stimulates economic growth, creates jobs, increases tax revenue, and attracts new

businesses to the State of Colorado by supporting

innovative business activities and establishing a reputation for

Colorado as the most innovative state in the country.

MissionThe Colorado Innovation

Network stimulates economic growth, creates jobs, increases tax revenue, and attracts new

businesses to the State of Colorado by supporting

innovative business activities and establishing a reputation for

Colorado as the most innovative state in the country.

COIN will leverage and coordinate robust resources already present in the state, and add momentum and visibility to existing work. Through COIN, leaders from industry,

nonprofits, foundations, government and academia will convene and commit to achieving the common goal of increased economic competitiveness. The alignment of

these resources will act as a catalyst for businesses and entrepreneurs across the state.

Colorado Innovation Network: Why Us?

The County-Level Innovation Index for the United States

Source: Indiana Business Research Center

Based on: Human Capital, Economic Dynamics, Productivity & Employment, Economic Well-Being

Success will be pursued across multiple dimensions

Phase 1: 2011-2012 Phase 2: 2013-ongoingCOIN Operations

Staffing

1 FT Executive Director1 FT Program Manager1 PT Program Manager4 PT Research Fellows

1 FT Executive Director1 FT Program Manager2 FT Initiative Coordinators4 PT Research Fellows

StructureCOIN is quasi-state agency due to OEDIT incubation; Cross-University Platform for Innovation operates as a 501c3

COIN becomes a free-standing non-profit entity and absorbs Cross-University Platform for Innovation into its legal structure

COIN Initiatives

Cross-UniversityPlatform for Innovation

University-focused projects led under COIN within its own 501c3:•Startup MBA Program at CSU•New Venture & Commercialization Internships•Business Plan Competition

R&D and Fundraising phase to prepare for launch of Prototype/Proof of Concept Grants for University Research

Renewal of successful Innovation Initiatives from Phase 1; addition of Prototype/Proof of Concept Grants for University Research

Cultivating Emerging and Re-emerging Industry Clusters

Focused Cluster-Building Efforts in Energy , Electronics and Manufacturing

Application of Cluster Model Across Other Industries

Colorado Angel Investment Platform R&D Phase Culminating in Platform Dev. & Launch Ongoing Support for Platform

Innovator-in-Residence (IIR) ProgramColorado G8 Coalition; 1 additional IIR program TBD 3-4 IIR Projects Per Year

Innovation Legislation SupportSupport for:• Development of Colorado Fund of Funds• Establishment of U.S. Patent Office in Colorado

TBD

COIN Events

Colorado Innovation Network Summit First Summit Targeted for September 2012 Annual Summit; Industry-specific Events

COIN Research and Publications

The State of Colorado’s Innovation Economy Annual Report

First Report Targeted for Completion in May 2012; Publication in Summer 2012

Annual Publication