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Introduction to
Entrepreneurship 101
Presented by:

Tony Redpath
MaRS Discovery District

01 October 2008
Definition




           Entrepreneur:
           - one who undertakes



                                  Slide 3



MaRS
What can MaRS do to help you …?


       We can’t create entrepreneurs – that
        desire is something that has to come
        from you.


       What we can do is to help give you the
        tools that will help you harness and
        direct your entrepreneurial drive.

                                                Slide 4



MaRS
Who are we?

        Dr.Tony Redpath, Vice President Partner
        Programs for MaRS (www.marsdd.com),
        Prof.
             Cynthia Goh, Professor of
        Chemistry, founder of Axela Biosensors
        and Northern Nanotechnologies
        (www.axelabiosensors.com) and
        Associate Director of the Institute of
        Optical Sciences
        The   speakers
        The   MaRS team                           Slide 5



MaRS
Course Philosophy

        The course will follow a logical path
        through various topics relevant to
        starting a business
        The course is aimed primarily at
        science / engineering / medical
        researchers in a university or hospital lab
        but is also relevant to non-academic
        entrepreneurs
        The course will be of much greater value
        if you have a business case in mind           Slide 6



MaRS
Three Threads



       1) Lectures on specific topics (intellectual
        property, marketing etc.)
       2) Lectures from entrepreneurs telling
        their story – “Lived It” Stories (tales
        from the trenches)
       3) the UpStart competition

                                                      Slide 7



MaRS
Course Outline

        1. Introduction
        2. Starting a business
        3. Selling your products, your ideas,
          yourself
        4. Business management
        5. Raising money
        6. Building a team
        7. The pitch
                                                Slide 8



MaRS
Introduction



        Oct   1st      Introduction to the course
        Oct   8th      Different types of Entrepreneurship
        Oct   15th “Lived It” lecture: Sean O’Dea
                        The Second Cup, Pro-Shred

        Oct   22nd     Intro to technology commercialization
                      / business creation



                                                                Slide 9



MaRS
Starting a business



        Oct   29th Basic nuts and bolts of starting a
               company
        Nov   5th    Negotiations
        Nov   12th   Building a Business Model
        Nov   19th   “Lived It” lecture




                                                         Slide 10



MaRS
Selling your products, your
               ideas, yourself


        Nov   26th   Product Development
        Dec   3rd    “Lived It” lecture
        Dec   10th Selling yourself –resume and
               interview skills


                 break for the holiday season



                                                   Slide 11



MaRS
Selling your products, your
               ideas, yourself … cont.


        Jan   7th    “Lived It” lecture – John Abele
                      founder of Boston Scientific

        Jan   14th   Basics of Marketing (1)
        Jan   21st   Basics of Marketing (2)




                                                        Slide 12



MaRS
Business Management



        Jan   28th   IP Management
        Feb   4th    Budgeting
        Feb   11th   Written tools for building a business
        Feb   18th   “Lived It” lecture




                                                              Slide 13



MaRS
Raising Money




        Feb   25th   Terms of investments
        Mar   4th    What do Investors Look for ?
        Mar   11th   “Lived It” lecture




                                                     Slide 14



MaRS
Building a Team



        Mar   18th     Human resources management
        Mar   25th     The role of Boards, Advisory Panels,
                      Service Providers
        Apr   1st      Building Technology Teams / Building
                      Sales Teams
        Apr   8th      “Lived It” lecture


                                                               Slide 15



MaRS
The Pitch



        Apr   15th   Building a pitch for your idea
        Apr   22nd   Up-Start competition preparation


        Apr   29th   Up-Start competition




                                                         Slide 16



MaRS
Communications

         Lecture
                reminders, biographies of upcoming speakers
         and short descriptions of the upcoming lecture will be
         broadcast by email to all attendees who have registered
         through the website
         All   lectures will be available on the MaRS website:
                http://marsdd.com/ent101
         entrepreneurship101@marsdd.com

         Join   our Facebook Group
         There    is a weekly blog (http://blog.marsdd.com)



                                                                   Slide 17



MaRS
Credit

        MaRS is not a degree granting institution –
        BUT in previous years we have had numerous
        requests for Certificates of Participation
        This
            year we will offer certificates to those who
        have attended at least 18 of the 24 lectures
        You will have to register your attendance –
        either in person at the lecture, or on-line if you
        wish to view the posted lecture.



                                                             Slide 18



MaRS

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CIBC Presents Entrepreneurship 101 - Course Intro

  • 1.
  • 2. ` Introduction to Entrepreneurship 101 Presented by: Tony Redpath MaRS Discovery District 01 October 2008
  • 3. Definition Entrepreneur: - one who undertakes Slide 3 MaRS
  • 4. What can MaRS do to help you …? We can’t create entrepreneurs – that desire is something that has to come from you. What we can do is to help give you the tools that will help you harness and direct your entrepreneurial drive. Slide 4 MaRS
  • 5. Who are we?  Dr.Tony Redpath, Vice President Partner Programs for MaRS (www.marsdd.com),  Prof. Cynthia Goh, Professor of Chemistry, founder of Axela Biosensors and Northern Nanotechnologies (www.axelabiosensors.com) and Associate Director of the Institute of Optical Sciences  The speakers  The MaRS team Slide 5 MaRS
  • 6. Course Philosophy  The course will follow a logical path through various topics relevant to starting a business  The course is aimed primarily at science / engineering / medical researchers in a university or hospital lab but is also relevant to non-academic entrepreneurs  The course will be of much greater value if you have a business case in mind Slide 6 MaRS
  • 7. Three Threads 1) Lectures on specific topics (intellectual property, marketing etc.) 2) Lectures from entrepreneurs telling their story – “Lived It” Stories (tales from the trenches) 3) the UpStart competition Slide 7 MaRS
  • 8. Course Outline 1. Introduction 2. Starting a business 3. Selling your products, your ideas, yourself 4. Business management 5. Raising money 6. Building a team 7. The pitch Slide 8 MaRS
  • 9. Introduction  Oct 1st Introduction to the course  Oct 8th Different types of Entrepreneurship  Oct 15th “Lived It” lecture: Sean O’Dea The Second Cup, Pro-Shred  Oct 22nd Intro to technology commercialization / business creation Slide 9 MaRS
  • 10. Starting a business  Oct 29th Basic nuts and bolts of starting a company  Nov 5th Negotiations  Nov 12th Building a Business Model  Nov 19th “Lived It” lecture Slide 10 MaRS
  • 11. Selling your products, your ideas, yourself  Nov 26th Product Development  Dec 3rd “Lived It” lecture  Dec 10th Selling yourself –resume and interview skills break for the holiday season Slide 11 MaRS
  • 12. Selling your products, your ideas, yourself … cont.  Jan 7th “Lived It” lecture – John Abele founder of Boston Scientific  Jan 14th Basics of Marketing (1)  Jan 21st Basics of Marketing (2) Slide 12 MaRS
  • 13. Business Management  Jan 28th IP Management  Feb 4th Budgeting  Feb 11th Written tools for building a business  Feb 18th “Lived It” lecture Slide 13 MaRS
  • 14. Raising Money  Feb 25th Terms of investments  Mar 4th What do Investors Look for ?  Mar 11th “Lived It” lecture Slide 14 MaRS
  • 15. Building a Team  Mar 18th Human resources management  Mar 25th The role of Boards, Advisory Panels, Service Providers  Apr 1st Building Technology Teams / Building Sales Teams  Apr 8th “Lived It” lecture Slide 15 MaRS
  • 16. The Pitch  Apr 15th Building a pitch for your idea  Apr 22nd Up-Start competition preparation  Apr 29th Up-Start competition Slide 16 MaRS
  • 17. Communications   Lecture reminders, biographies of upcoming speakers and short descriptions of the upcoming lecture will be broadcast by email to all attendees who have registered through the website   All lectures will be available on the MaRS website: http://marsdd.com/ent101   entrepreneurship101@marsdd.com   Join our Facebook Group   There is a weekly blog (http://blog.marsdd.com) Slide 17 MaRS
  • 18. Credit  MaRS is not a degree granting institution – BUT in previous years we have had numerous requests for Certificates of Participation  This year we will offer certificates to those who have attended at least 18 of the 24 lectures  You will have to register your attendance – either in person at the lecture, or on-line if you wish to view the posted lecture. Slide 18 MaRS