Innovation Across Borders - Session 8 keith segerson
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The Mason Enterprise Center (MEC) is a university-based economic development organization affiliated with George Mason University. Its goals are to support entrepreneurship, business development, and economic expansion through various programs including business incubation and acceleration. It operates regional small business development centers and procurement technical assistance centers. It also has an international business accelerator program to help foreign companies expand into the US and assist US companies in foreign markets through partnerships and consulting services.
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Innovation Across Borders - Session 8 keith segerson
- 1. Global Expansion Through Soft-Landing Business Accelerators 25 February 2011
- 2. Mission The Mason Enterprise Center (MEC) is a university-based economic development knowledge center focusing the energy, skills and intellectual capital of the University on entrepreneurship creation, business enterprise development, and economic expansion
- 4. Goals & Objectives Economic Development Job Creation / Workforce Development Entrepreneur / Business Incubation and Acceleration Community Support and Outreach Grant/Contract Funding (overhead generation) Academic/Student/Faculty Partnership New University Market Development Research Knowledge Center
- 5. Funding Sources DoD – Mentor-Prot é g é Program DLA – VPTAP SBA - VSBDC GSA - Telework City of Fairfax - FIC George Mason University Fee-based Services
- 6. Mason Enterprise Center Program Offices Radford University SBDC Longwood University SBDC Hampton Roads SBDC James Madison University SBDC MEC-Leesburg MEC-Manassas MEC-Woodbridge Hampton VA PTAC MEC-Fairfax George Mason University SBDC Northern VA PTAC Central VA PTAC Regional SBDC Offices Local SBDC Offices MEC – Mason Enterprise Center SBDC – Small Business Development Center PTAC – Procurement Technical Assistance Center
- 7. Soft Landing Business Accelerator Program Foreign Company Business Expansion into U.S. Joint Company Selection/Vetting Process International Incubator/Accelerator Partnerships Collaborative Technology/Research Park Business Development (IP Commercialization) Academic Partnerships Research/Grant-Contract Opportunities
- 9. MEC International Services International Business Development Program Assist successful non-US companies forge business partnerships with companies in Washington DC metropolitan region International Business Accelerator (City of Fairfax) Incubator America (Arlington County) Assist US companies to successfully penetrate targeted foreign markets
- 10. MEC International Services Consulting services include office space, market research, industry analysis, local custom acclimation, strategic alliance, business logistics, and networking Target markets include: - China - Brazil - India - Scandinavia - Russia - UK - Canada - Germany - Japan
- 12. Fairfax Innovation Center Established 1995, the program is a Partnership between the City of Fairfax EDA and George Mason University’s School of Public Policy Mixed use incubator, co-located with 5 business development programs: SBDC, PTAP, Mentor Protégé, International Business Accelerator and a Telework center Currently occupy 29,000 sq ft, 68 offices, leased to 45 companies, plus 45 virtual clients Occupancy varies from 85% – 100%.
- 14. Fairfax Innovation Center Second Life – Virtual Outreach
- 15. Upcoming….. Washington, D.C. Regional Flex-Office Initiative International “Green” Incubator/Accelerator Regional Mason Enterprise Center Network New MEC Headquarters Building in Fairfax International “Serious Gaming Accelerator” Pursuit of International Grants and Contracts Continued Focus on International University/Academic Partnerships
- 16. Think Entrepreneurship!! The Mason Enterprise Center George Mason University www.masonenterprisecenter.org Keith B. Segerson – Managing Director [email_address] / 703-277-7724