Category Archives: HTR

Post LaunchPad 2013: November 22nd 2013 Follow-On Program

As part of the ongoing commitment to teams from this year’s program we held our second follow-on event at HTR’s Lennox Center on Friday November 22, 2013. The event was attended by Launch 2013 teams, advisor/mentors and the current TEN (The Entrepreneur’s Network) class members.

Mike Riedlinger of HTR encouraged teams to consider applying for the TEN program which teaches operational skills for startups moving past the customer discovery phase. We heard brief updates from the teams at the event and then Mario Fallone of Harter, Secrest & Emory, Attorneys, gave a presentation on business formation, shareholder agreements and options plans.

John Boersma of Adapt Courseware, a successful five year-old tech company based in Rochester, gave a presentation outlining the history of his fundraising process from seed funding to A, B and C rounds of venture funding. He showed how the dilution process worked for them and how the funds were used for rapid growth. He also discussed his use of equity options as a recruiting and motivation tool. It was a frank and entertaining discussion.

We heard from Eric Baller of Energy Wise Partners on their latest developments and from Immense Analytics/SnapEval. Both have made impressive progress with revenue generation and growth.

All Access’s Ron and Toni provided drinks and food from Aladdin’s for the reception following.

A great afternoon with standing room only attendance!

Welcome to the HTRLaunchPad Blog!

We’re accepting applications for our Spring 2013 LaunchPad class. Here’s some info:

HTR LaunchPad helps software developers commercialize new apps

Modeled after the highly acclaimed Lean LaunchPad program developed at Stanford University and funded by a grant from the Max and Marian Farash Charitable Foundation, the HTR LaunchPad is now accepting applications from software and web-based teams and entrepreneurs developing new software applications.

At no charge to the participants selected for the program, the HTR LaunchPad provides support for up to ten teams beginning with an initial 12-week program.  Plus, software entrepreneurs and teams will benefit from nine additional months of support through HTR’s Entrepreneur Affiliate program, which provides each participant with access to HTR’s mentors, business advisors, and business support services at the Lennox Technology Enterprise Center in Henrietta.

HTR will also connect the selected teams with regional business vendors, professional advisors, and engineering resources for rapid development and market testing.

Program participants might be teams firmly established in the software business and have new software solutions they want to commercialize. Or, teams might comprise recent graduates just starting out.

Their software projects might be for internet-based systems, mobile apps, and enterprise software products including those for a smart phones, portable web-based devices, more traditional markets and technologies, larger scale enterprise IT, and “cloud” computing.

“Having seen the success of the Lean LaunchPad program at Stanford and in Silicon Valley, I’m delighted to bring these lessons learned to our Rochester community,” says program director Mike Riedlinger, HTR’s Program Manager of Technology Commercialization. “This is not a traditional classroom program—it is an intensive, action-oriented workshop requiring development of working prototypes and first-hand customer interviews to refine and validate ideas for new products and services.”

2013 Program Schedule

Participating teams will meet one afternoon a week during the 12-week program, beginning on Friday, February 22, 2013. Investor presentations and demo days will be held in Rochester and New York City in June.

How to Apply

There is no fee for participation, but only those entrepreneurial teams that are passionate, motivated, and open to the possibilities of adapting their business concepts as they progress will be selected. Up to 10 teams will be selected. Teams should have their software ideas at or near the prototype stage by the time the program begins.

Download the application

Deadline for submitting an application is January 25, 2013.  Entrepreneurs and teams selected for the program will be notified in early February, 2013.

Questions?

Contact Mike Riedlinger at mike.riedlinger@htr.org