2. An Economy That’s Built to Last
DARPA “Crowd-Derived” Combat Support Vehicle Pilot Delivers
Winner - “Flypmode” built in four
months, presented to the
President at “Advanced
Manufacturing Partnership”
Launch – June 24th, 2011
DARPA taps Local Motors to
design a support vehicle; 159
entries produced within two
months by tapping growing
network of 20,000 designers,
including Victor Garcia – an
immigrant
Source: DARPA, Local Motors;
http://www.coroflot.com/victorgarcia/DARPA-XC2V-FLYPMODE-Concept/10
3. New Firms at the Heart of a Growing Economy
“Crowdfunding” a (Potential) Game Changer for the Region
Fred Wilson estimates Compared to other
$300BN market if benchmark states, VA had
Americans allocate 1% of the 2nd lowest level of
their investment portfolio entrepreneurs per capita in
to startups; total VC 2005
market ~$30BN
4. President’s Strategy for American Innovation
Tech Role in Securing Our Economic Growth and Prosperity
Open Innovator’s Toolkit
~Open Data
Catalyze ~Acting as Impatient Convener
Breakthroughs for ~Prizes & Challenges
National Priorities ~Celebrating Entrepreneurship
Patent Reform; • Unleash a clean energy revolution
Internet Policy • Accelerate biotechnology,
Principles nanotechnology, and advanced manufacturing
• Develop breakthroughs in space applications
• Drive breakthroughs in health care technology Wireless
• Create a quantum leap in educational technologies
Innovation &
Promote Market-Based Innovation Infrastructure
• Accelerate business innovation with • Encourage high-growth and innovation- Initiative
the R&E tax credit based entrepreneurship
• Promote investments in ingenuity • Promote innovative, open, and
(“Wi3”)
through effective intellectual property competitive markets
policy
Invest in the Building Blocks of American Innovation
• Educate Americans with 21st century skills and create a world-class workforce
• Strengthen and broaden American leadership in fundamental research
• Build a leading physical infrastructure
• Develop an advanced information technology ecosystem
Source: http://www.whitehouse.gov/innovation/
5. Opportunity #1: Focus on the “ET” in STEM
Modeling & Simulation “Flexbook” v. 0.9 Released
Goal:
NASA + 19 volunteer teachers
offer timely, vetted, state-of-
the-practice information
and lesson plans on M&S; now
part of sciences SOL in 2012
6. Skills Translation Critical for Service Transition
An Open Collaboration to Help Increase Veteran Employment
VeteransJobBank “Apps for Heroes”
Twilio developer
Tony Webster builds
an app in 2 hours –
New tool launched to ensure job earns an invite to
listings find veterans; currently “Apps for Heroes”
accesses 800K+ “tagged” listings celebration with Dr.
courtesy of 750+ employers and 33+ Biden
“tagging” partners
Source: www.nrd.gov; www.herojobs.org
7. Opportunity #2: Launch “Crowdfunding”
Behavioral Segmentation
Blacksburg Retained High-Growth Lujure Despite “Poaching” Effort
Austin-based VC offered term sheet but
req’d HQ move; web platforms improved
discovery – Lujure registered with
AngelList; chose to raise $500K from
Dave Cohen, Dave McClure, other
luminaries
Nathan Latka
built firm in
dorm room;
serves 62,500+
customers, is
profitable and
expanding to 25
FTEs in 2012
8. Startups Growing Through Challenges
Public and Private Sector Sponsorship Spurs Entrepreneurship
Startup America Partnership Data Design Diabetes Challenge
Sanofi awards
prize to recent
MIT grads; they
raise $1.7M, hire
Tapping into the expertise of student 7 FTEs for
teams to pose policy “business passive
plans” that might lead to jobs and monitoring
industries of the future
9. Opportunity #3: Startups with a Purpose
$1+BN Growth Markets in Energy Efficiency, Value-Based Health
Service offers real-
time building
energy efficiency
benchmarking; 1M
bldg owners will
have “Green
Button” in 2012
10. Serving Warfighters with “Transformative Apps”
Hardens Commercial Tools to Support Military Market
i-Target
Networked
User as screener of innovation
from vibrant development
Loosely Networked
TIGR
Download
Development
Apps Affordable handhelds & apps
community
on a secure network
“Standalone”
Translator
Pervasive across all ranks
Military apps
store
Screening &
“Voting”
Adaptive. Resilient.
‘Crowd’ sourced innovation in
development & use.
Strategic surprise on the fly.
In the Field
3rd Brigade equipped Fall 2011 with “hardened”
android devices on secure networks accessing a
dozen apps from maps to field reporting
11. Early Days in the Warfighter “App Store”
Several Apps Available on Commercial Networks
12. Open Collaboration in aaCrisis for ACN
#4:“Startup” 911 Center Model
Platforms Link “Listeners” to “Helpers” Serving Haitians in Need
“Where can I find
food & water?”
"I see people trapped
"I just am glad someone
under a building and
is listening and to know
they are alive at this
I'm not alone."
location! Send Help!"
Source: Katie Stanton