There are a number of organizations that offer mentoring and/or incubator assistance in
addition to or as a supplement to financial help for early stage netpreneurs. Here are
just a few:
1. The Michael P. Dingman
Center for Entrepreneurship's Mentor Program.
You can request information about acquiring a mentor from this program on the
Netpreneur Exchange at: http://netpreneur.org/advisors/dingman/dingman.asp
This is also the organization that manages the Baltimore-Washington Venture Group (they
have monthly networking breakfasts) and provides business plans to the Private Investors
Network (PIN) for review and consideration for presentation at PIN's monthly meeting of
accredited investors (angels).
2. The Technology Resource Alliance sponsored by the Center
for Innovative Technology and George Mason
University is available for a limited number of start-up or early stage companies
based in Virginia or willing to relocate to Virginia. In addition to other services, the
Technology Resource Alliance offers the following help for financing:
- a) Assistance in preparing to seek funds
- b) Introduction to potential funding sources
- c) Presentation assistance
- d) Evaluation and guidance in deal structure and terms
3. The International Business Group (IBG) is a local venture incubator. See information
on the Netpreneur Exchange at: http://netpreneur.org/database/browse-organization.cfm?
Information about IBG's new CliNET sessions can be found at: http://netpreneur.org/calendar/event_detail.cfm?EventID=276
4. As of mid-March of this year, Bill Gross and his team of 14 people at idealab! have
invested $5M in seed capital and provided business conceptualization, planning and launch
services since last March to start 24 Internet companies (their web site lists 18). Their
investment at that time was reportedly valued at $70M, the companies they had helped
create were worth more than $220M with over 350 employees.
For your reference, see an article in The Economist at: http://www.economist.com/issue/08-03-97/wb8646.html
The Idealab! web site is at: http://www.idealab.com/
5. A netpreneur in our region and the first commercial incubator is the Internet Enterprise Center in Baltimore.
6. The Montgomery County Technology Enterprise Center is funded by Montgomery County,
operated by the High Technology Council of Maryland and is located in Rockville, MD. This
is where fast-growing, award-winning Visual
Networks graduated from. For more information, see http://www.mdhitech.org/incubator/index.html
7. Also in Maryland is the University of
Maryland's Technology Advancement Program in College Park.
Venture Group Business Plan Review Service
9. Northern Virginia Technology Council
10. High Technology Council of Maryland
11. Greater Baltimore Technology Council
Enterprise Forum of Washington-Baltimore, Inc.
13. Southern Maryland Small Business
14. Technical Entrepreneurs Intrapreneurs Network (TEIN) Contact Avi Dey at tein@CapAccess.org
of Maryland One Stop Shop for Business Assistance
2. Maryland Technology
3. "How to Write a Great Business Plan" in the July/August issue of the
Harvard Business Review. It's good reading with some solid no-nonsense guidance. $10 for 3
copies -- well worth it. http://www.hbsp.harvard.edu/frames/groups/hbr/julaug97/97409.html
4. "From Invention to Innovation: Commercialization of New Technology by
Independent and Small Business Inventors" http://iridium.nttc.edu/inventions/inv2inn.html
5. A free business plan template that is geared towards the "information
technology industry." http://www.moneyhunter.com/htm/btemp.htm
6. MoneyHunter's business plan
review service ($495)
8. The Netpreneur Exchange (another shameless