1. Business Plan
A business plan is the pen-to-paper “rallying cry” of any start-up venture. Sound business plans not only help companies raise capital but they also help create enduring value. The business plan acts as the operations manual for the company and as a reference tool for investors and board members. It’s therefore very crucial to think through and write a good business plan. This guide will walk you through the whole process in writing a successful business plan that will fit your technology company.
Sample Business Plan (PDF document)
10 Common Mistakes That Startup and Small Companies Make (PDF document)
2. Business Presentations
A compelling PowerPoint presentation on your business is a vital tool for any start-up company. CONNECT has developed a presentation template that can help you tell your story to investors and other stakeholders.
“Secret to Compiling your Thoughts for your New Business Venture”
TED talk on pitching tactics
CONNECT Springboard Presentation Template (PowerPoint presentation)
Watch and listen to a perfect pitch below. Click the enlarge icon for full screen view.
3. Sample Executive Summaries
The Executive Summary may be the most important part of your business plan. It is the first – and sometimes the only – part potential investors and other stakeholders will read. Following are a few samples of Executive Summaries written by recent Springboard companies. Thanks to MindTouch and Remora Pharmaceuticals for making their Executive Summaries available for viewing on this site.
4. Business Valuation
Any small business entrepreneurs expecting to find equity financing from angel or venture capital investors should be aware of the many ways sophisticated investors use to value a candidate business, and should be prepared to supply information to the investor to help in that process.
The following presentations were developed by David Kramer, CFO and member of CONNECT’s Entrepreneur-in-Residence (EIR) team in collaboration with several other EIRs and CONNECT staff. The presentations provide examples of business valuations at various stages for three different types of startup companies: Bio-Pharma, Medical Devices, and High Tech.
Choose your industry of interest:
5. Due Diligence
This due diligence checklist was developed and borrowed from Express Ventures and AvTech Ventures
Check List (PDF document)
6. Tech Coast Angels – The Art of Angel Investment
Learn all about the Tech Coast Angels, their organization, their investment preferences and profiles.
About Angel Investments (PDF document)
7. Term Sheets
Term Sheets are an essential part of the entrepreneurial process.
The following workbook was developed by members of the CONNECT Staff and EIRs as a general reference workbook to “go-to-market” strategy and development.
Springboard Workbook (Word document)
Mike Harris is the founder of Harris Consulting LLC and is an expert in resolving challenging marketing situations. He has served as the top marketing and business development executive for companies or divisions in consumer electronics, software, data storage/networking and others with revenues up to $120 million. He has also served as a corporate officer and head of investor relations for NASDAQ:NM companies. He is a former management consultant with PriceWaterhouse Coopers.
Mike holds a B.S. from the University of Tennessee and an MBA in Marketing and Finance from Vanderbilt University. He is a frequent guest lecturer at the Rady School of Management at UCSD, where he is also a student mentor.
Contact: E: email@example.com, T: (858) 481-8665
Click here to view a paper on market concept testing by Mike Harris.
Adam Harris, Principal and Founder of Calacles Consulting Group, developed this presentation on “Building Sound Financial Models” for our Springboard Clients.
Building Sound Financial Models (PowerPoint presentation)
In partnership with Calit2, access is provided to an interactive federal funding database which is parsed to focus on opportunities open to private companies. Users may create a profile which is used to email them funding alerts or they may search based on keyword, agency, dollar amount, or due date. For access, please click here http://ri.calit2.net/connect.
As of late 2008, the NCI SBIR & STTR Programs requirements and processes have changed. Linked below is the latest information on these programs. For additional questions please contact: Ali Andalibi, Ph.D. of the National Cancer Institute – SBIR Development Center.
Address: Building 31, Room 10A19
31 Center Drive
Bethesda, MD 20892-2580
Other Grant Resources:
How to Work with Lawyers at a Startup by Mark Suster
Legal Issues for Social Media / User-Generated Content Sites by Quora
Employment Law Traps for Technology and Media Startups by Bottom Line Law Group
Survey results regarding current state of the VC funding market by Wall Street Journal
Types of Angel Financing by Scott Edward Walker
Seed Funding Best Practices by Mark MacLeod
“Series Seed” Financing Documents by Ted Wang
12. Founders and Advisors
How To Pick A Co-Founder by Naval Ravikant
The Founders’ Pie Calculator by Frank Demmler
When and Where to Incorporate, Corporation vs. LLC, etc. by Yokum Taku
Everything You Ever Wanted To Know About Advisors by Babak Nivi
13. Access to Grant Writers
Ann Ronan, Ph.D. – www.grantright.com 909-717-1113
Richard Hake – firstname.lastname@example.org 858-675-1163
Daniel Hartley – email@example.com
Michael Huber – firstname.lastname@example.org
Tina Huth – email@example.com
Vivian Lauderdale – firstname.lastname@example.org
Jules Miller – email@example.com 714-550-1734
Dr. Karel Petrak – firstname.lastname@example.org
John T. Ransom – email@example.com
Candace Chandra – firstname.lastname@example.org
Mahasweta Sarkar, PhD – email@example.com 619-594-7797
Ingrid Stuiver, PhD – ISGconsult@yahoo.com 619-977-8689
Frederick Zarndt – firstname.lastname@example.org
CONNECT FrameWorks Workshops
FrameWorks Workshops are half-day, in-depth sessions addressing various topics of interest to technology or life sciences entrepreneurs. Our workshops offer targeted information needed by entrepreneurs in technology-based companies in order to more effectively start, develop and grow their companies. Each workshop features subject-area experts and interactive instruction. Most workshops are limited to 30-40 people, and early registration is encouraged.
Springboard offers free guidance and development to life sciences, clean-tech, high tech and consumer product companies in all stages of development, ranging from concept, technology transfer to start-up, to companies that have reached a significant inflection point. Innovators are matched with Business Advisors (BAs) with related domain expertise and experience in raising capital and/or growing companies. Springboard Presentation
15. Other Mentoring Programs in San Diego
The Chairmen’s RoundTable is a non-profit volunteer organization comprised of successful Chief Executive Officers with diverse industry backgrounds who provide businesses in San Diego County advice on how to manage and grow their businesses through a well-defined mentoring program. CRT members provide this service free of charge to qualified area businesses as a way of giving back to the community.
CommNexus NEXT STAGE - Venture Acceleration for Communications Companies
The mission of the San Diego Telecom Council’s NEXT STAGE Program is to increase the number and magnitude of successful Communications Technology companies in San Diego County. We help entrepreneurs develop early-stage technology companies, by offering advisory assistance in areas such as Fundraising, Marketing, Strategy and Management. We listen to the company’s venture presentation, grill them as if we were potential investors, then give them feedback about their plan and make suggestions to improve their chances for success.
17. Other Resources
Center for Business Planning a library of resources that covers topics such as market analysis, competitive analysis, investment financing, production management, tax problems, legal issues, financial statements and writing a business plan.
Center for Entreprenomics at the San Diego North Economic Development Council
The center for Entreprenomics serves as a regional clearinghouse of information and resources for entrepreneurs and a support system for new business development in North County.
Entrepreneur Magazine offers a broad range of resources for startups.
To help entrepreneurs start and manage businesses, the Kauffman Foundation recently launched Kauffman eVenturing™.Designed for growth-oriented entrepreneurs, the new website provides access to current information, organized around key subjects such as finance and accounting, people and human resources, sales and marketing, products and services, operations, and the entrepreneur. New collections of articles will be featured monthly, including original material and an aggregation of “the best of the best” existing articles. Fresh content also will be added through a link-blog to articles and tools on a variety of subjects.
Ewing Marion Kauffman Foundation
The Ewing Marion Kauffman Foundation is a non-profit organization dedicated to furthering the development of the art and science of Entrepreneurship.
Federal Laboratory Consortium for Technology Transfer
Search for federal laboratory inventions that are available for transfer to business partners. From this page you can locate a particular type of technology from the nationwide system of federal labs and research centers.
Inc. Magazine articles from Inc. magazine on growing a startup.
Pacific Community Ventures (PCV)
Pacific Community Ventures (PCV) is an innovative 501(c)3 nonprofit organization that has pioneered a new approach to community economic development. They provide capital, mentoring and resources to businesses that have the potential to bring significant economic gains to low-income communities throughout California. PCV targets companies, generally not high tech, that draw a significant portion of their workforce from low/moderate-income communities, and offer free business and workforce service programs and targeted equity investing activity. Launched in the SF Bay Area, they commenced operations in San Diego earlier this year.
SCORE offers free expert business advice from highly successful executives and entrepreneurs.
SDSU Small Business Institute
The Business Consulting Program at San Diego State University is designed to assist local businesses by providing cost-effective business and management consulting services.
San Diego Advanced Defense Technology
San Diego’s advanced defense technology cluster, provides small businesses with services such as training, mentoring, consulting, potential funding, etc. to fast-track technologies in the areas of C4SIR which include command and control, network sensors, robotics, Internet and communications solutions, surveillance and advanced autonomous systems and cyber security.
Small Business Development Center (SBDC) of North County
The SBDC of North County is hosted by MiraCosta College and is funded in part by the U.S. Small Business Administration. It serves all of San Diego County north of Interstate 8. SBDC offers no-cost assistance for small businesses and entrepreneurs and low cost seminars and workshops. For more information contact Joe Molina, email@example.com, 760-795-8740
Small Business Development Lead Center (SBDC) at Southwestern College
The SBDC is a leading provider of consulting services and workshops for small businesses in San Diego. SBDC has the knowledge and resources to help you build and maintain a successful business. The SBDC is dedicated to increasing the economic vitality of the community by helping small businesses and entrepreneurs build a foundation for success. THe SBDC Lead Center staff and consultants are available to assist in answering your business questions along with providing many resources that can help you start and/or expand your business.The SBDC assists potential and existing companies through one-on-one counseling, seminars and training, information, referrals, and more. It is funded in part by the U.S. Small Business Administration.
U.S. Small Business Administration
Small business is America’s most powerful engine of opportunity and economic growth. That’s where SBA comes in. SBA offers a variety of programs and support services to help you navigate the issues you face with your initial applications, and resources to help after you open for business.