Fusion Pointe Overview

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Fusion Pointe presentation delivered to the Lee County Industrial Development Authority February 21, 2014

Transcript

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INTRODUCTIONS

Steve WallingChairman, Fusion Pointe Board of Directors

Scott RelfVice-Chairman, Fusion Pointe Board of Directors

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What is Fusion Pointe and why is it needed?

What are Fusion Pointe’s goals? What will Fusion Pointe do? How will Fusion Pointe measure success? Who’s behind Fusion Pointe? What’s next and how do I get involved?

FUSION POINTE

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WHAT IS FUSION POINTE?

Fusion Pointe is a nonprofit devoted to encouraging, accelerating and expanding the innovation economy in Southwest Florida.

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WHY IS FUSION POINTE NEEDED?

“Wages and salaries in Southwest Florida

metropolitan areas “barely keep pace with

population growth, much less inflation.”

overall decline in SW Florida residents' incomes since 2007 recession 12%

According to Wells Fargo Securities’ Florida Economic Outlook: May 2013

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WHAT ARE FUSION POINTE’S GOALS? Create, discover and attract high quality

investment opportunities Produce more investor-ready companies Speed outcomes by partnering with regional

entrepreneurial support providers

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WHAT WILL FUSION POINTE DO FIRST?

Capital, expertise and connections to technology startups in our region.

ExpertiseHigh-impact, expert assistance

Connections Collaborate to increase access

to resources and ensure support is complementary

CapitalEarly-stage investments

of $50-125K

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TARGETED COMPANIES

Highly promising startups too early in their development to secure private capital.

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MEASURES OF SUCCESS We will establish

success metrics, measure performance and use the results to inform future actions

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FUSION POINTE LEADERSHIP

Investors Entrepreneurs Economic Development Professionals National Business Leaders Educators

In partnership with JumpStart Inc.

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JUMPSTART Successful VDO in

Northeast Ohio will provide: Best Practices Systems Infrastructure

By partnering, we reduce startup costs and time and generate real outcomes sooner.

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OUR NEXT STEPS Secure additional public,

private and philanthropic support

Validate the early stages of the business plan

Initiate implementation activities Inclusive marketing and outreach Expert services Capital Connections and partnerships

Open the doors [est. Q2 2014]

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CONTACT US

KENA YOKE(p) 239.592.9193(e) Kena@FusionPointe.org

STEVE WALLING(p) 440.812.5433(e) Steve@FusionPointe.org

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Appendix

Private InvestorFunding ($)

“Valley of Death”Start-UpIncubation

(Pre Fusion Pointe)

(Post Fusion Pointe)

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Contact Us

KENA YOKE(p) 239.592.9193(e) Kena@FusionPointe.org

STEVE WALLING(p) 440.812.5433(e) Steve@FusionPointe.org

facebook.com/FusionPointe | @FusionPointe, #startupSWFL

FusionPointe.org

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Last Slide

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