Ix Strategic Plan Startup Accelerator

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The key takeaways are that InventureXcel aims to encourage entrepreneurship and commercialization in Wisconsin by providing startups with access to mentors, advisors, training, capital and university resources. It seeks to change the landscape of Northeast Wisconsin by fostering high-impact startups in the region.

InventureXcel's mission is to encourage research, development, commercialization, and entrepreneurship that advances the economy of Wisconsin through providing early stage startups with access to mentors, advisors, training, capital, and University resources.

Some of InventureXcel's strategic priorities include attracting startup companies, engaging with parties to identify startup needs, and fostering startup success by providing pre-seed financing, intensive mentoring and investor networking.

UW OSHKOSH STARTUP ACCELERATOR 

PROGRAM BUSINESS PLAN 

DECEMBER 2015 

Prepared by: Kim Biedermann, Director of InventureXcel, UW Oshkosh; Shelby 

Smykal, Program Coordinator, UW Oshkosh 

This document was prepared under contract with the East Central Wisconsin Regional Planning Commission, with funding support 
from the Office of Economic Adjustment, Department of Defense. The content reflects the views of the East Central Wisconsin 
Regional Planning Commission and does not necessarily reflect the views of the Office of Economic Adjustment.

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InventureXcel Strategic and Operational Plan 2015-17
I. Executive Summary
InventureXcel’s mission is to encourage research, development, commercialization, and
entrepreneurship that advances the economy of Wisconsin through providing early stage
startups with access to mentors, advisors, training, capital, and University resources.
Many startups are seeking connections with mentors, advisors, investors, and a better
understanding of the following: customer discovery or validation, executive summaries,
and investor pitches.

Accelerator programs can be found worldwide; however, not many exist in the region.
While there are efforts in Northeast Wisconsin to help entrepreneurs and two three
accelerator programs, there is no accelerator program for Northeast Wisconsin
entrepreneurs. In addition to being specifically targeted to Northeast Wisconsin startups,
InventureXcel differentiates itself because of its tie to and relationship with the
University of Wisconsin Oshkosh.

InventureXcel seeks to change the landscape of Northeast Wisconsin by fostering the


growth of high-impact startups within the region. We will do this by delivering a
business accelerator focused on Northeast Wisconsin, supporting other events and
programs offered by others, and seeking to provide other shorter programs such as pitch
camps or launch events to bring attention to successful entrepreneurs.

The management of AeroInnovate consists of Kim Biedermann, Shelby Smykal, Doug


Jarmusz, and the InventureXcel advisory board.

II. Strategic Plan


A. Origins and Vision, Strategic Priorities

Origins/History:
In the fall of 2012, Chamco and the UW Oshkosh Small Business Development Center
completed a nine-month feasibility study which began by evaluating the development of
a business incubator program and ultimately concluded that UW Oshkosh had an
opportunity to develop a comprehensive business accelerator program to foster growth
in several industries, including aviation, advanced manufacturing, information
technology, and clean technology/sustainability. Chamco agreed to take
on advancement of the project. In December 2013, funding to support accelerator
planning efforts was secured from the Department of Defense, Office of Economic
Adjustment (DoD-OEA). Chamco and UW Oshkosh staff began working on
accelerator program planning efforts, including creating working groups with wide
representation and

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support. In August 2014, UW Oshkosh received supplemental funding from DoD-OEA
to support running pilot classes of both the AeroInnovate and InventureXcel programs.

Strategic Priorities:
Attract Startup Companies to InventureXcel
▪ Develop and implement a program to attract startup companies to InventureXcel.
▪ Initially focus on startups in industries associated with environmentally
sustainable practices. Engage with internal and external parties to help identify
the interests and needs of startups, including their financing, educational, and
mentoring/advising needs.
▪ Engage faculty, staff, students and alumni in identifying startup opportunities
and in starting companies using the research and resources of University and its
partners.

Foster the Success of Startups in InventureXcel


▪ Provide ready access to pre-seed financing, intensive mentoring and investor
networking.
▪ Provide ready access to resources of the University and its collaborative partners
including faculty, staff, and students, technology infrastructure, and research
resources.
▪ Continually monitor the needs of startups in the program through formal and
informal contact, ongoing surveys, and focus groups.
▪ Partner with internal and external parties to build a range of services for program
startups, in addition to pre-seed financing, intensive mentoring, investor
networking, and product development.
▪ Facilitate collaborations with startups in other accelerator and incubation
programs.

Strengthen and Leverage Connections with the University and its Collaborative Partners
▪ Develop relationships with educational institutions, colleges, departments and
programs in areas where intellectual property with commercial potential is being
created.
▪ Encourage faculty, staff and students to explore the business potential of their
research and ideas for new products and services.
▪ Create partnership with WiSys Technology Foundation Inc. with the goal of
attracting funding and support for campus research with potential for future
commercialization.
▪ Collaborate with Alta Resources Center for Entrepreneurship and Innovation for
mutual support and to benefit the entrepreneurs.

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B. Mission and Vision
Mission: InventureXcel will encourage research, development, commercialization, and
entrepreneurship that advances the economy of Wisconsin through providing early stage
startups with access to mentors, advisors, training, capital, and University resources.

To advance the mission, InventureXcel:


▪ Supports the creation and launch of new businesses.
▪ Provides programs and resources needed by Wisconsin-based startup companies,
specifically those based in Northeast Wisconsin.
▪ Supports educational outreach and the principles of the Wisconsin Idea.

Vision: Northeast Wisconsin is seen as a primary driver in entrepreneurship, and UW


Oshkosh’s InventureXcel program is the catalyst for that reputation.

C. Core Values
● Innovation
● Entrepreneurship
● Community and Economic Development
● Environmental Sustainability

III. Operations Plan


A. Customer Definition and Needs
InventureXcel serves early stage startups and entrepreneurs. Many are seeking
connections with mentors, advisors, investors, and a better understanding of the
following: customer discovery or validation, executive summaries, and investor pitches.
Because entrepreneurs come to the program at different stages, the goal is to help them
further develop their concept.

B. Competitive Landscape and Collaboration


Appendix A displays programs and events offered in Northeast Wisconsin to support
entrepreneurs. As the table shows, InventureXcel will fill a gap where there is no
accelerator program to specifically support Northeast Wisconsin startups. Events aimed
at startups will be used to inform entrepreneurs about the program and to support those
events to enhance the entrepreneurial ecosystem in Northeast Wisconsin. Following is a
description of these various programs and events.

Business Accelerators in Northeast Wisconsin


Accelerator programs are relatively new, but are growing in number throughout the
world. The platform f6s has 410,610 startups seeking connections and 791 accelerator

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programs throughout the globe, and there are arguably many more startups and
accelerator programs not listed on f6s.

While programs and initiatives to assist entrepreneurs have existed in Northeast


Wisconsin for years (​ Appendix A​ ), comprehensive accelerator programs are just
starting to be offered in the region. Emergent Technology Center, a technology-based
accelerator based in Fond du Lac, Wisconsin, with a target of high-tech startups,
graduated its first cohort in 2014. Additionally, UW Oshkosh hosts two programs which
offer accelerators--Alta Resources Center for Entrepreneurship and Innovation (CEI)
and AeroInnovate. Alta Resources CEI provides UW Oshkosh students with business
consulting services, hosts business contests, and runs a 12-week accelerator program.
For the past seven years, AeroInnovate has been working to connect aerospace and
aviation-related startups with investors and industry experts. In 2015, AeroInnovate
expanded its program to offer an eight-week accelerator program to five participating
companies worldwide. These are the only three accelerator programs currently being
offered in Northeast Wisconsin.

Business Accelerators in Wisconsin


In the spring of 2012, a business accelerator program, Gener8tor, was launched in
Madison and Milwaukee (see Supplement I for more details). The goal of the program is
to put “together an ecosystem to build scalable, innovative startups in Wisconsin.” Its
founding team members include individuals who were involved in 94labs.

Business Accelerators in University of Wisconsin System


To our knowledge, the University of Wisconsin Oshkosh, the host site of AeroInnovate
and Alta Resources Center for Entrepreneurship and Innovation, is the only campus in
the UW system currently offering accelerator programs. (see ​
Appendix A for more
details).

The University of Wisconsin Madison has historically provided programming to


encourage commercialization of research conducted on the UW Madison campus, such
as what is offered through the Wisconsin Alumni Research Foundation, but does not
currently offer a traditional accelerator program.

Technology Research/Transfer Centers in the University of Wisconsin


System
In collaboration with the WiSys Technology Foundation, the University of Wisconsin
System campuses are creating technology research/transfer centers (see Appendix A
for examples). None of these centers, however, offers a comprehensive business

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accelerator program; but they do create strategic partnership opportunities for
InventureXcel.

C. Market Positioning
UW Oshkosh already hosts two other successful accelerator programs--AeroInnovate
and Alta Resources Center for Entrepreneurship and Innovation. With a campus focus
on economic development and research, InventureXcel is well positioned within the
University to further both economic development and research.
The UW Oshkosh Business Success Center, the department hosting both AeroInnovate
and InventureXcel, has connections to faculty experts as well as a network of industry
professionals. Further, the UW Oshkosh Business Success Center is positioned through
its Survey Success Center to assist entrepreneurs in customer validation, a fundamental
building block of success. The Survey Success Center operates through using faculty
experts to advise, design, and conduct analysis of surveys while a trained team of
students implement phone or in-person surveys. The Business Success Center has the
infrastructure and expertise to provide entrepreneurs with customer validation, whether
is be through phone surveys, in-person interviews, focus groups, or other research
methods.

Through the existing infrastructure provided through UW Oshkosh and the Business
Success Center, InventureXcel is primely positioned to assist the region’s entrepreneurs.
During the Fall 2015 InventureXcel pilot program, the campus was an invaluable asset in
providing mentors, advisors, and market research capabilities to the participants.

D. Program Description
The program will follow gener8tor’s model of accelerator programming which is modeled
after TechStars and the ​
Lean Startup by Eric Ries. This model encourages entrepreneurs
to develop the minimum viable product to determine customer acceptance and
marketability.

InventureXcel’s nine-week program will have three main components: 1. minimum


viable product and customer discovery/validation; 2. refining the executive summary;
and 3. perfecting the pitch to investors and the slide deck. The three-week pilot run in
November 2015 showed that all three of those components were valuable to the
participants and prepared them to take the next step, but the program was not designed
to make the entrepreneurs investor-ready. Building on the three-week program, the
nine-week program is intended to prepare entrepreneurs to be investor-ready.

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InventureXcel participants will automatically have the opportunity to pitch to Angels on
the Water, which is a regional committed capital angel fund. A Launch Day would
provide participants an opportunity to pitch to an audience of investors and business
leaders. We would also seek to follow gener8tor’s model of getting their program
participants in front of as many angel groups as possible at the end of the program.

One unique aspect of this program is its ownership/operation by the University of


Wisconsin Oshkosh. Participants will have the opportunity to interact with and have
support from University faculty and students, as well as access to the Business Success
Center’s market research capabilities.

The Business Success Center has service providers in the areas of legal, information
technology, marketing, finance, graphic design, and accounting who have agreed to
donate hours to work with each program participant. Program guidelines and the
​ppendices B a
program schedule are attached in A ​nd​
C​, respectively.

E. Governance, Management, and Staffing


InventureXcel is a not-for-profit limited liability company created by and under the
umbrella of the Business Success Center, Inc (BSC) of the University of Wisconsin
Oshkosh. BSC was created in 1997 to serve as the link between community needs and
resources of the University. It is comprised of six staff members who manage
relationships with existing businesses by providing consulting; survey design,
implementation, and analysis; student interns, and customized training.

The initial management team will consist of the program development team of Kim
Biedermann,, Doug Jarmusz, and Shelby Smykal. Gener8tor staff will also provide
operational assistance for the first class. The advisory board consists of Elizabeth
Hartman, Al Hartman, and George Setton. Biographies for Kim, Shelby, and Doug are
​ppendix D​
attached in A .

Kim Biedermann, Director


As director, Kim is responsible for all aspects of development and delivery of the
InventureXcel program, including, but not limited to:
● Program planning
● Recruiting, screening and selecting participants
● Delivering curriculum to participants and providing additional follow-up
assistance
● Overseeing event planning and social aspects of program
● Monitoring effectiveness of and continuously improving and developing
programming

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● Procuring necessary resources for the program to be self-sustaining
● Developing partnerships necessary to fund and sustain the programs
● Assisting with preparation and monitoring of InventureXcel budget
● Managing surveys for program participants
● Assisting with staff/intern hiring and supervision
● Preparing for and attending meetings associated with programming, including
advisory board meetings
● Communicating with stakeholders

Shelby Smykal, Program Coordinator


As program coordinator, Shelby is responsible for providing support to the
InventureXcel program, including, but not limited to:
● Assisting with recruitment, screening and selection of participants
● Assisting with delivery of curriculum to participants
● Assisting with event planning and social aspects of programs
● Assisting with developing partners
● Attending meetings associated with programs
● Providing administrative support to programs
● Leading logistics and coordination of programs
● Assisting with surveying and research projects

Business Success Center Interns


They provide administrative support to the AeroInnovate program, including, but not
limited to:
● Assisting with recruitment of participants
● Assisting with event planning and social aspects of programs
● Assisting with delivery of programming
● Conducting research and maintaining databases to support programming
● Assisting with surveys of programming and for program participants
● Providing administrative support to programs
● Assisting with logistics and coordination of programs
● Attending meetings associated with programs

Dr. E. Alan Hartman


Dr. Hartman has been involved in regional economic development for 25 years, first as
director of the Entrepreneurship Center at UW Oshkosh, then as dean of the College of
Business for 13 years. Following are some of the specific activities related to
entrepreneurship:
Helped create the following economic development related entities:

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AeroInnovate -- an organization that encourages innovation in aviation with a focus on
bringing aviation related businesses to the New North. (Still active and thriving)
The Council for Innovation – an organization to encourage innovation in the New North.
(After three years of developing programs to support innovation in general this became
AeroInnovate to focus on aviation and EAA.)
Wisconsin Family Business Forum – an organization to help family businesses survive
and thrive (Still active and Thriving)
The Center for Applied Research and Services (aka Business Success Center) – an
organization that helps link the resources of the university with the business community.
(Still active and Thriving)
Direct Entrepreneurship Experience:
Angels on the Water – fund to support new ventures (founder and Chair of the Board).
Taught Entrepreneurship for 20 years
Raised in an entrepreneurial Family Business
Supervision of Economic Development Related Entities:
The Small Business Development Center
The Business Success Center (aka Center for Community Partnerships)
UW Oshkosh Center for Entrepreneurship 1989-1991

Elizabeth Hartman
Elizabeth Hartman has been a practicing attorney for more than fifteen years, first at
Quarles & Brady, LLP and more recently at Dempsey Law Firm, LLP, representing
entrepreneurs and growing businesses. She also serves as the Fund Administrator for
Angels on the Water, an angel investment fund investing in early stage high-growth
businesses in Wisconsin. As former CEO & General Counsel of Chamco, Inc., she
connected area businesses with resources for new ventures and expansion projects and
led efforts to establish the business accelerator program at UW Oshkosh and is working
to advance the creation of an aerospace business cluster in the Oshkosh region.

George Setton
George Setton is a retired financial officer of a $3 billion multinational public company.
He has led global treasury, tax, financing, insurance, acquisition, real estate and financial
risk management programs to support domestic and international growth. He has
demonstrated success in enterprise risk management, financial performance
measurement and foreign exchange, commodity and interest rate exposure management.
He is comfortable working in English, French and Spanish, and has cross-cultural
experience in European, Asian and Latin American.

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George also has considerable experience in managing the financial risks of emerging and
startup companies to qualify them as viable customers of major parts suppliers, and was
instrumental in the start-up phase of an agricultural technology company.

Since retirement he has worked with a number of charities and local companies, and
currently serves as a director of various enterprises. He also serves on the Chancellor’s
Board of Advisors for the University of Wisconsin Oshkosh, the AeroInnovate
advisory board and the InvenetureXcel advisory board.

F. Strategic Partners
Proposed
▪ Collaborative Educational Institution Partners
- University Technology Transfer Organizations
▪ WiSys Technology Foundation, Inc. (WiSys)
▪ Wisconsin Alumni Research Foundation (WARF)
- Regional University/College Collaborations
▪ Northeast Wisconsin Educational Resource Alliance (NEW ERA)
- University of Wisconsin Campus Innovation and Research Centers in
Region
▪ UW Oshkosh – AeroInnovate
▪ UW Oshkosh – Environmental Research and Innovation Center
(ERIC)
▪ UW Stevens Point – Wisconsin Institute for Sustainable Technology
(WIST)
▪ UW Green Bay - Environmental Management and Business Institute
(EMBI)

▪ Collaborative Economic Development Partners


- Statewide Economic Development Organizations
▪ Wisconsin Economic Development Corporation (WEDC)
– Entrepreneurship and Innovation Division
- Statewide Industry Development Organizations
▪ Wisconsin Technology Council
▪ Wisconsin Biofuels Initiative
▪ Wisconsin Security Research Coalition
▪ Wisconsin Manufacturing Extension Partnership (WMEP)
- Regional Economic Development Organizations
▪ New North Inc.
▪ Northeast Wisconsin Economic Development Partnership (NEWREP)
▪ East Central Wisconsin Regional Planning Commission

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- Local Economic Development Organizations
▪ Fox Cities Economic Development Partnership
▪ Greater Oshkosh Economic Development Corporation
▪ Fond du Lac County Economic Development Corporation
- Regional Manufacturing and Supply Chain Coalitions
▪ NEW Manufacturing Alliance
▪ North Coast Marine Manufacturing Alliance
▪ Wisconsin Wind Works

▪ Angel Investor Groups and Networks


- State​ – Wisconsin Angel Network
- Regional​ – NEW Capital Management
- Local​ - Angels of the Water
▪ Other Entrepreneurial/Startup Programs
- Launch Wisconsin
- Ignite! Business Success
- Digital Fertilizer
- SBDCs
- UW Extension

G. Program Operations
1. Recruitment
InventureXcel’s primary geographic focus is Northeast Wisconsin but will accept
applicants from anywhere within Wisconsin providing they meet application criteria
and there is room in the class. Early stage companies in the areas of social and
environmental sustainability will be the primary focus of recruitment, but will also
seek those involved in agricultural innovation and sustainability, information
technology, manufacturing, and advanced materials. The focus on sustainability is
due to UW Oshkosh’s commitment to sustainability and its wide array of campus
resources, including the Environmental Research and Innovation Center, three
biodigesters, and faculty experts.
There were a few different methods used to recruit startups for the 2015
InventureXcel Business Bootcamp:
● E-newsletters
○ Multiple e-newsletters were sent out to the InventureXcel and Business
Success Center contact database.
● Direct email
○ F6S and AngelList were used to find emails. These two platforms hold
thousands of startups, which can be filtered by keywords. For 2016,

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InventureXcel will be using F6S, AngelList, Gust, and StartupBlink as its
platforms as well as additional keywords.
● Informational handouts
○ Handouts were given out at local entrepreneur group meetings and at
other meetings with experts from the startup community. In 2016, the
accelerator will be promoted in Northeast Wisconsin and around the state
at events geared towards entrepreneurship such as the Early Stage
Symposium and Entrepreneurs Conference.
● Social media posts
○ InventureXcel posted weekly to its own Facebook, Twitter, and LinkedIn
accounts as well as posts to other targeted startup communities.
● Press releases
○ Press releases were sent out to local entities.
For the 2016 accelerator plan to keep a similar format but add to the robust list of
contacts and prospect companies. Part of the operations funding requested here will
be used to build a website which would be used for outreach and educational
purposes. A synopsis of the 2015 recruitment plan and results can be found in
Appendix E​ .

2. Application and Selection


Applicants will need to complete the online application, found at
http://www.f6s.com/inventurexcel2015​ , which will include providing a short video
outlining their business. Applications will be initially screened by program
management.Those that make it through the screening process will be invited for a
personal interview with the screening committee, will be comprised of accelerator
staff and advisory committee members. This is the approach that was used for the
2015 pilot program, and it proved to be successful in selecting the participants.
As InventureXcel would be investing in the companies, we would not accept a
participant into the program in which we would not feel comfortable investing.
Acceptance and investment criteria will include: (a) seed or early stage “high impact”
businesses., i.e., businesses that (i) ultimately compete nationally and even
internationally for customers, technology, capital, and talent; and (ii) have the
potential to experience significant growth through innovative or disruptive
technologies/products; and (b) with a team demonstrating attributes to successfully
launch a company, even if the team is initially incomplete. Each accelerator
participant will receive the same amount of funding.

Equity investments is anticipated in each of the program participants. It is possible


given the right circumstance that a revenue participation model for certain types of
products or companies would be considered. Any returns will be recycled back into

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the program to support ongoing operations. The intent is to build an evergreen
program.

​ppendix F​
Application and selection criteria can be found in A .

3. Delivery
The first class will be nine weeks in length with up to five participants. InventureXcel
will be requesting $10,000 in funding for each company from WEDC or another
source outside of the ORDIDI funding. The InventureXcel class will meet for an
entire weekend at the beginning and end of the program, one meeting per week for
six weeks, a pitch camp, and a launch event. Disbursements to accelerator
participants will be made over the program in three installments: One initially and
then two others at specific milestones such as minimal viable product, customer
validation and/or approved pitch.

4. Assessment
During the duration of the three-week bootcamp, one survey was given out post
program. One hundred percent (100%) of the class was either satisfied or very satisfied
with the overall program. One company said that the most valuable part of the program
was the invaluable and impartial guidance to their idea. They also said that
InventureXcel was able to help them develop their business plan and develop the actual
idea of where to take their company.
For 2016, there will be a survey given out midway through the program and post
program. At the conclusion of each class, InventureXcel will review the surveys and
program for effectiveness. The bootcamp survey and results are attached in ​
Appendix
G​.

H. Operating Revenues and Expenses


​ppendix H.
A five year budget is attached in A

I. Financial Sustainability Plan


The operations plan with respect to sustainability will initially rely on grant funding and
contributions from UW Oshkosh and other partners. Corporate sponsors to defray costs
of the program will be sought but the main long-term revenue source will be investment
returns from the successful graduates of the program, as outlined below in “description
of investment criteria”.

J. Key Stakeholders and Communications Plan

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Stakeholders for InventureXcel include the University of Wisconsin Oshkosh, the
Department of Defense (DOD)/ORDIDI Grant, the East Central Wisconsin Regional
Planning Commission (ECWRPC),and the InventureXcel advisory board.
The InventureXcel team reports to these entities as follows:
● University of Wisconsin Oshkosh on an ongoing basis as they are the home for
the InventureXcel program.
● DOD and ECWRPC on a quarterly basis. More often if necessary.
● InventureXcel advisory board on a regular basis and also utilize their knowledge
and input on an ongoing basis.

K. Metrics
InventureXcel measures its success with a few specific measures, as we all as some
non-specific measures.
Specific measures include:
1. The number of accelerator graduates who have received follow-on funding.
2. The number of accelerator graduate companies still in business at 1, 3, and 5 year
intervals.
3. The number of full time employees at graduate companies at 1, 3, and 5 year
intervals.
4. The program shows consistent and measurable fiscal health based on annual goals
and benchmarks set by its staff and governing body.

Some non-specific measures implemented are:


1. InventureXcel’s impact on the northeast Wisconsin economy through application
of new ideas and technologies in the market.
2. InventureXcel’s assistance in helping the University achieve its educational
mission.
3. InventureXcel’s impact on the University’s mission to drive economic
development.
4. Local impact on the workforce through businesses relocating to the area.
5. Startup companies in the accelerator program are accessing the programs,
services, expertise and funding that they need, and are succeeding.

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APPENDIX A: COMPETITIVE LANDSCAPE 

New Venture Creation Activities/Programs in New North


December 1, 2015   
 
Activity/Program Provider – Limited Funding Establ In Length Investment
Primary Audience - Location to High Provided ished Person Ready at
Number Participating Each Impact Curric End
Year ulum

AreoInnovate Aviation Entrepreneurs – 5 UW Oshkosh Yes $6,000 Yes 1 8 Weeks Yes


Accelerator weekend

InventureXcel Entrepreneurs in New North – UW Oshkosh Yes $10,000 Yes Yes 9 Weeks Yes
5

Entrepreneurship UW Oshkosh Students – 12 UW Oshkosh No Yes Yes Yes 12 Weeks Unlikely


and Innovation
Center

eLaunch Labs Entrepreneurs any location – Private – Yes No Yes No 9 steps Unlikely
unlimited Online Self-paced

eSeed Entrepreneurs in New North – FVTC/UW No No Yes Yes 12 weeks No


24 Oshkosh -
Appleton

Fast Forward Entrepreneurs in New North – New North ?? No Yes Yes Self-paced Possibly
4-5

Digital Fertilizer Entrepreneurs in New North -- Green Bay ?? No Unknow Yes Unknown Unknown
? n

Startup Weekend Technology Entrepreneurs in Green Bay No No No Yes Weekend No


New North -- unlimited

On Ramp Established new businesses Green Bay No No No No 1 day NA


across state

Launch Wisconsin Anyone interested in Green Bay No No No No 1 day NA


entrepreneurship -- unlimited

Emergent Entrepreneurs in New North - Fond du Lac Yes Unknown Yes Yes 12 weeks ?
Technology Center 4

ZyQuest Foundry Identify problem to solve and Green Bay Yes Yes No Yes ? Yes
then find leader to find
solution

Ignite! Business Entrepreneurs in Fond du Lac Fond du Lac No No N/A No N/A N/A
Success County—unlimited

Small Business Small business owners at Various No No No N/A N/A No


Development various stages locations
Center

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UW Extension Entrepreneurs and business Various N/A N/A N/A N/A N/A N/A
owners at various stages locations

UW Madison Uses UW Madison research to Madison N/A N/A N/A N/A N/A N/A
Technology advance businesses and create
Transfer jobs in the state

WARF Patenting and licensing for UW Madison N/A N/A N/A N/A N/A N/A
Madison research

WiSys Assists UW System innovators Various UW N/A N/A N/A N/A N/A N/A
System
campuses

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APPENDIX B: PROGRAM GUIDELINES 

InventureXcel Bootcamp Accelerator Program Guidelines 

1. Contact information for InventureXcel Staff 

InventureXcel Director – Kim Biedermann 
Office: 920.424.2367 
Cell:920.819.9548 
Email: [email protected] 
 

Accelerator Coordinator ­ Shelby Smykal 
Office:920.424.0833 
Cell:262.853.1248 
Email: ​
[email protected] 
 
2. Program schedule 

We have an aggressive three week schedule, beginning the evening of November 6th 
and continuing the following two weekends, culminating in your graduation event on 
Sunday November 22. We expect that you will attend all sessions, but if something 
arises and you are unable to attend, please let Shelby know as soon as possible. You 
will get the most out of the program if you are there for its entirety. 
 
3. Market Research Center 

You will have access to the market research center at the Business Success Center, 
with a limited number of phone interviews with potential customers being conducted by 
trained callers. Other forms of research may be conducted as a substitute for phone 
interviews based upon your needs and the availability of resources to conduct such 
research. We anticipate the use of this center during the week of November 15th. 
 
4. Mentors 

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You will have access to mentors to help you build your company. We will expose you to 
a number of folks who may be able to help you. We will help you make connections, but 
it is up to you to manage the mentor/mentee relationship. 
 
5. Deliverables 

It is your responsibility to attend and participate in the weekend sessions, do your 
homework, and continue to work to build your business. We will work to help you 
complete an executive summary, achieve customer validation, and prepare an elevator 
pitch. It is very important that throughout the program you communicate your needs to 
us so that we may best help you. 
 
6. Email 

If you have more than one founder, please create an email list of your founders and 
forward to Shelby. We will use this list when communicating with your team. 
 
7. Graduation 

This is the event where you get to showcase what you have learned. You will pitch your 
company to a gathering of local community members. This will be the elevator pitch you 
have prepared as part of the program – no more than three minutes of prepared 
material. It is scheduled for 11am on Sunday November 22. You will need to have 
business cards and copies of your executive summary for graduation. 
 
8. Video and Photo Release 

You will be videotaped at the launch event and we may take photographs during the 
program. We will ask you for a video and photo release prior to the program so that we 
may use your image in promotional materials. 
 
9. Ongoing Reporting 

Part of the funding for the InventureXcel Accelerator is underwritten by a grant from the 
Department of Defense, Office of Economic Adjustment. We have periodic reports we 
need to submit in connection with that grant. You agree to cooperate with us so that we 
can complete this reporting, including providing us information on number of employees 
as well as program feedback, discussed more below. 

18
 
10. Program Survey 

After the program has concluded, you will be given an opportunity to provide feedback 
on the program. It is very important that you tell us what we did well, and not so well, so 
that we can continue to improve the program for future entrepreneurs. If you had a great 
experience, and we are confident you will, please refer the program to others who you 
think may benefit from it. We may also ask you for a testimonial. 
 
I acknowledge receipt of the program guidelines state above, and understand that 
adherence to them is a condition of participation of the program. 
 
 
____________________________________ __________________________ 

Signature  Date 

19
 

APPENDIX C: PROGRAM SCHEDULE 

InventureXcel Bootcamp 
Agenda 
November 7, 2015 
UW Oshkosh Alumni Welcome & Conference Center 
Room 209 
625 Pearl Avenue, Oshkosh, WI 54901 
  

8:30­9:15  Review Common Terms (Al/Elizabeth) 
9:15­11:45  Mentor Connections 
 

Time  Charlie Goff  Paul Jones  Phil Zubella  Kim 


Charles Garris  James Oliver  Peter Emenecker  Bidermann 
Room 213   Room 201  Steve Romme  Shelby Smykal 
Room 213  Room 201 

9:15  Victory  CUBES  Smart Pit  SPEF 

9:45  SPEF  Smart Pit  CUBES  Victory 

10:15  Smart Pit  SPEF  Victory  CUBES 

10:45  CUBES  Victory  SPEF  Smart Pit 


  

11:30­1:00  Lunch and Networking 
1:00­3:00  Panel Discussion (Kim/Shelby moderating)  
 
Panelists: 
  Paul Jones  Angels on the Water Fund​
 Adviser   
  Anne Grace Nimke  CEO and Founder of ​The Good Jobs 
  Neil Mix  Co­Founder of ​
Pandora 
  Brenda Haines  Founder of ​
Blue Door Consulting 

20
  James Oliver  Founder of ​
WeMontage 
  
3:00­3:15  Break 
3:15­5:00  Sharing Minimally Viable Product 
  

InventureXcel Bootcamp 
Agenda 
November 8, 2015 
UW Oshkosh Alumni Welcome & Conference Center 
Room 209 
625 Pearl Avenue, Oshkosh, WI 54901 
  

8:30­12:00  Customer Validation, Executive Summary, Draft Customer 
Validation Questions (Al) 
12:00­12:30  Challenges/Questions 
  

Homework: 
  Draft of Executive Summary due Thursday, November 12 at 8:00pm 
  

InventureXcel Bootcamp 
Agenda 
November 14, 2015 
UW Oshkosh Alumni Welcome & Conference Center 
Room 209 
625 Pearl Avenue, Oshkosh, WI 54901 
  

8:30­9:00  Questions/Challenges (Kim, Shelby) 
9:00­2:00  Executive Summaries, Customer Validation (gener8tor, Bryan Lilly, 
Kim, Shelby) 
 

  

21
Time  gener8tor  Work Time  Customer  Work Time 
Validation 

9:00  Victory  CUBES  Smart Pit  SPEF 

10:00  SPEF  Smart Pit  CUBES  Victory 

12:00  Smart Pit  SPEF  Victory  CUBES 

1:00  CUBES  Victory  SPEF  Smart Pit 

11:00­12:00  Lunch 

2:00­4:00  Debrief 
4:00  Social @ Mahoney’s Restaurant 

InventureXcel Bootcamp 
Agenda 
November 15, 2015 
UW Oshkosh Alumni Welcome & Conference Center 
Room 209 
625 Pearl Avenue, Oshkosh, WI 54901 

8:30­10:15  What is a good pitch? (Elizabeth) 
10:15­12:30  Practice Elevator Pitches 
12:30­1:00  Takeaways 

22
InventureXcel Bootcamp 
Agenda 
November 21, 2015 
UW Oshkosh Alumni Welcome & Conference Center 
Room 209 
625 Pearl Avenue, Oshkosh, WI 54901 
  

8:30­9:00  Questions/Challenges (Kim/Shelby) 
9:00­11:00  Customer Validation Results 
11:00­2:00  Lunch, Finalize Executive Summary 
2:00­2:15  Break 
4:00­5:00  Pitch to Class 
  

InventureXcel Bootcamp 
Agenda 
November 22, 2015 
Algoma Club/Manila Resto 
103 Algoma Blvd, Oshkosh, WI 54901 
   

8:30­9:45  Pitch Refinement 
9:45­11:00  Debrief, Survey 
11:00  Go Downstairs to Manila 
11:15­12:00  Pitches, Award 
12:00­3:00  Packer Party 
  

23
APPENDIX D: STAFF BIOGRAPHIES 

Kim Biedermann ​
works as an outreach program manager for the UW Oshkosh 

Business Success Center. Prior to working for the Business Success Center, Kim 

worked as the Community Development Director for the City of Omro, Wisconsin, where 

she was responsible for overseeing the Business Improvement District, the Omro Main 

Street Program, the Omro Area Development Corporation, and the Omro Area 

Community Center. While in Omro, she also oversaw the marketing and promotion of 

the city. Kim also worked for the University of Wisconsin Cooperative 

Extension­Winnebago County as a Community Development Educator.  Prior to working 

the community and economic development fields, Kim worked as a program manager 

and as a field organizer for several environmental and conservation organizations. She 

holds her Bachelor's Degree in Environmental Science and in Environmental Policy & 

Planning for the University of Wisconsin Green Bay and has a Masters of Studies in 

Environmental Law from Vermont Law School. 

Doug Jarmusz ​
is a business executive with over 30 years of successful strategic and 

tactical performance in varied manufacturing and business operations.  He has 

excellent leadership and management skills with the entrepreneurial drive and spirit 

needed to direct any aspect of business operations.  Doug has demonstrated 

performance in lean enterprise, business and budget planning, sales and customer 

relations, leadership and team building, structured problem solving, quality and safety, 

24
Six Sigma, performance management and coaching and training.  He is a founder and 

member of the Investment Committee of Angels on the Water, an angel investment 

group in Northeast Wisconsin.  

Shelby Smykal​
 joined the University of Wisconsin Oshkosh Business Success Center 

(BSC) in March 2014 and is responsible for coordinating, recruiting, and outreach for 

AeroInnovate, an aviation/aerospace accelerator, and InventureXcel, a general 

business accelerator. She also helps manage logistics for Growth Management 

Academy, a growth program for second stage companies. Shelby is also responsible for 

co­managing the marketing interns and the creation of marketing/promotional materials 

for the BSC. 

Her professional experience includes entrepreneurship, entrepreneurial accelerator 

program development, marketing, social media and event planning.  

Shelby graduated from the University of Wisconsin Oshkosh with a Bachelor of 

Business Administration in marketing and global business with an emphasis in 

entrepreneurship and retail management. She is also a gymnastics coach at the 

Oshkosh Gymnastics Center and has been there since September 2014. 

25
APPENDIX E: RECRUITMENT 

26
*If email is a general email, use
their LinkedIn information to
contact them
Position What is is Email Phone LinkedIn/FaceBook of Founder Website

Our revolutionary technology and


business model is bringing
energy independence to
homeowners everywhere. How?
By installing our flexible fuel
combined heat and power
generator in homes at no cost to
their resident. Optimized by the
easenet virtual utility platform,
electricity is sold to both utility
and resident. The utility gets a
low cost alternative to meet their
peak power needs while the
resident gets a secure, reliable,
and efficient source of heat and
power even when the grid goes
Co-founder down. [email protected] 940-597-2288 https://www.linkedin.com/in/jeremyrganderson
The patent-pending Beepods
System was developed over the
course of 6 years. It was
ergonomically designed not only
for the beekeeper, but for the
bees. A honey bee's life is tough
enough, why not give them the
best home to live in and enjoy it,
too! Not only was the Beepod
developed, but various pieces of
equipment that are easy to
handle and allow for
multipurpose use, like the
Harvest Box. Designed to hold
honey-filled bars, catch swarms,
split hives, raise queens and
transport bees, this mini-beepod
makes it easier for a beekeeper
and an educator to leverage the
hive for education and
pollination, not to mention some
goodies. The complete system is
made from sustainably harvested
wood from Wisconsin and is
precision milled by CNC
machines. This Beepod is
compatible with Langstroth
equipment and requires no
extractor to harvest honey. Bees
are healthier and happier in the
Beepod and are significantly
more docile using our training https://zachmunns.wordpress.com https://www.linkedin.com/pub/zach-
Co-founder and equipment. /contact/ 608-220-0531 munns/51/957/a28

27
Edison DC System's
infrastructure grade constant
voltage output DC UPS allows for
all of the benefits of DC with out
the limitations of AC systems.
The application of smarter energy
in data centers is essential to
powering tomorrows cloud http://www.edcspower.com/contac
President/CEO infrastructure. t-us/ https://www.linkedin.com/in/johnmeinecke http://www.edcspower.com/
https://www.linkedin.com/pub/david-
President/CEO Solar powered air conditioning [email protected] (715) 574-4920 baker/11/35b/b7b http://pdmsolar.com/
https://www.linkedin.com/profile/view?id=17778
668&authType=NAME_SEARCH&authToken=
Z__s&locale=en_US&trk=tyah&trkInfo=clicked
Vertical%3Amynetwork%2CclickedEntityId%3A
17778668%2CauthType%3ANAME_SEARCH
Fishidy is an Intelligent, %2Cidx%3A1-1-
Authoritative Map-Based Social 1%2CtarId%3A1440778241903%2Ctas%3Abri
Founder and Mobile Platform for Anglers http://www.fishidy.com/contact an%20jense http://www.fishidy.com/
A local live music marketplace
allowing venues and artists to https://www.linkedin.com/pub/wayne-
Founder create and promote events. [email protected] 4148101760 smith/4/8bb/260 www.shindig.it
Wellbe helps service line leaders
to manage growing programs by
leveraging digital patient
navigation to increase the
capacity of existing resources.
The cloud-based platform
combines vital tools for patient
engagement and care
coordination across the
continuum to manage the
performance of value-based
reimbursement programs. This
patient-centric approach using
actionable feedback results in
reduced risks, optimal costs and
Founder a better patient experience. [email protected] 1-800-960-4118 https://www.linkedin.com/in/diasjames http://www.wellbe.me/
https://www.linkedin.com/profile/view?id=ADEA
AABHEjgBplhS41B2dHT-X7-
B_wKdjvjE7Xs&authType=NAME_SEARCH&a
uthToken=X2CW&locale=en_US&srchid=2103
940221440780131434&srchindex=1&srchtotal
=1&trk=vsrp_people_res_name&trkInfo=VSRP
searchId%3A2103940221440780131434%2CV
Cloud content management SRPtargetId%3A4657720%2CVSRPcmpt%3A
application that works on any site primary%2CVSRPnm%3Atrue%2CauthType%
Founder or within web applications [email protected] 414-949-5111 3ANAME_SEARCH http://feed.us/
https://www.linkedin.com/profile/view?id=13018
9822&authType=NAME_SEARCH&authToken
=TGu_&locale=en_US&trk=tyah&trkInfo=clicke
dVertical%3Amynetwork%2CclickedEntityId%3
A130189822%2CauthType%3ANAME_SEARC
H%2Cidx%3A1-1-
https://www.facebook.com/BJGad 1%2CtarId%3A1440780762945%2Ctas%3ABJ
Founder The fitness version of Netflix dourFanPage %20Gaddour https://www.streamfit.com/

28
We dock dynamic information at
the point of care giving care
givers access to vital information
within their line of sight of the
patient. This returns their gaze to
the patient and significantly
improves adherence to care
protocols across subacute and http://www.docktechnologies.com/
CEO acute applications. index.html https://www.linkedin.com/in/sarahsandock http://www.docktechnologies.com/
Victory Lap provides you with the
opportunity to connect with like-
minded individuals in your area.
Victory Lap improves
relationships, facilitates
networking, and promotes social
opportunities to create a thriving
Founder post-college community. [email protected] https://www.linkedin.com/in/garyjfilipp http://www.victorylap.co/
https://www.linkedin.com/profile/view?id=50552
&authType=NAME_SEARCH&authToken=glR
E&locale=en_US&trk=tyah&trkInfo=clickedVerti
AquaMost is a leader in water cal%3Amynetwork%2CclickedEntityId%3A505
treatment innovation, engaging 52%2CauthType%3ANAME_SEARCH%2Cidx
Chairman of the with customers to provide a %3A1-1-
board of superior chemical-free solution 1%2CtarId%3A1440783327554%2Ctas%3Atim
Directors for their water treatment needs. [email protected] %20keane http://aquamost.com/
CountAbout is a cloud based
personal finance software that
can be connected to over 18,000 https://www.linkedin.com/profile/view?id=ADEA
financial institutions. CountAbout AAAj8KoB0HdfPGMQC4tmoKzCIBMXeFnYtw
is accessible via a web browser U&authType=NAME_SEARCH&authToken=eY
and fully synced with mobile Ou&locale=en_US&srchid=210394022144078
devices running iOS or Android. 3497069&srchindex=1&srchtotal=1740&trk=vsr
We are focused on the user and p_people_res_name&trkInfo=VSRPsearchId%
allowing customization to meet 3A2103940221440783497069%2CVSRPtarget
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removing the chore of personal https://countabout.com/landing/co CVSRPnm%3Atrue%2CauthType%3ANAME_
Founder finance. ntact SEARCH https://countabout.com/
Coinigy is a real-time data
provider and exchange hub that
connects directly with 25 Bitcoin
Co-founder & Cryptocurrency exchanges. [email protected] 414-301-2289 https://www.linkedin.com/in/williamkehl https://www.coinigy.com/
ScioMD is a cloud-based health
care data visualization software
as a service (SaaS). Our
customers are health care
providers, who would like to
empower their patients by
presenting their health care data
in an easy to understand format.
Because we're based in the
cloud, it means patients have
access to engaging, personalized
health care data reports, without
having to pay for, manage, and
scale expensive hardware and/or http://www.sciomd.com/contact/co
Co-founder software. ntact.html https://www.linkedin.com/in/aerick http://www.sciomd.com/

29
https://www.linkedin.com/profile/view?id=ADEA
AAVPkjIBDGqejoG1EQzJEvape1H0mpP-
UYY&authType=NAME_SEARCH&authToken
=R20x&locale=en_US&srchid=2103940221440
789413581&srchindex=1&srchtotal=4&trk=vsrp
_people_res_name&trkInfo=VSRPsearchId%3
A2103940221440789413581%2CVSRPtargetI
d%3A89100850%2CVSRPcmpt%3Aprimary%
Intelligently Managing Healthcare 2CVSRPnm%3Atrue%2CauthType%3ANAME
Founder Appointments [email protected] 920.645.0909 _SEARCH https://www.jaystreettech.com/
Using affordable motion sensors
and powerful analytical software,
Sensori has created the LeadOff
to let serious athletes of all ages
measure, visualize, and track
flaws and improvements in their https://www.facebook.com/sensori
Co-founder athletic movements. athletics https://www.linkedin.com/in/peteroppermann http://www.sensori.io/
SeaStat is the world’s first plug-
and-play device testing water https://www.linkedin.com/pub/moses-
Lead engineer quality from your phone. [email protected] phommaleuth/60/41a/a83
Social Media Management
Software Designed Specifically https://www.linkedin.com/profile/view?id=53116
CEO for Events [email protected] (414) 939-5002 983&trk=nav_responsive_tab_profile http://www.snapifeye.com/
gameFI engages customer-
facing employees at financial
institutions with feedback, focus,
and fun to drive productivity,
profitability, and customer
Founder metrics. http://www.gamefi.org/contact/ https://www.linkedin.com/in/matthewtdavis http://www.gamefi.org/
Giftaway.com is an online retailer
where customers can purchase
experiences and getaways and
gift them to others in the form of [email protected] (866) 544- https://www.linkedin.com/pub/christopher-
Founder e-gift certificates called giftaways. m 8190 blair/2a/b22/a70 http://www.giftaway.com/
The SurveyMonkey of team
based recurring checklist
Founder software. [email protected] https://www.linkedin.com/in/philipcrawford https://www.manifest.ly/
https://www.linkedin.com/profile/view?id=ADEA
AAQSI9sB5BhKB8ATfrgaHvpMXgyfko0oMt0&
authType=NAME_SEARCH&authToken=hADA
&locale=en_US&srchid=210394022144103706
7086&srchindex=1&srchtotal=1&trk=vsrp_peop
le_res_name&trkInfo=VSRPsearchId%3A2103
940221441037067086%2CVSRPtargetId%3A6
8297691%2CVSRPcmpt%3Aprimary%2CVSR
http://7442analytics.com/wp/?pag Pnm%3Atrue%2CauthType%3ANAME_SEAR
Founder Cloud-based trading software e_id=43 CH http://7442analytics.com/wp/
Simple asynchronous contact https://www.linkedin.com/profile/view?id=16570
Founder exchange [email protected] 1868&trk=nav_responsive_tab_profile_pic http://www.jaredhanstra.com/#/
A massive evolutionary leap in
professional lighting. Brighter.
Smaller. Lighter. Anthem One’s
lifespan is 200 times longer and
half the cost of a metal halide https://www.linkedin.com/pub/justin- http://www.anthem-one.com/anthem-
Founder system. [email protected] evans/47/977/964 one.php

30
We offer wireframing, proof-of-
concept, and minimum viable
product development. We deliver
quality code and application
architecture that can scale as
your company grows (including
back-end services). We provide
expert guidance and handoff to
your internal team when you’re
President ready to work on your own. http://nobleapplications.com/ https://www.linkedin.com/in/steventhobrien http://nobleapplications.com/
Givgram is a social network
connecting donors, non-profits
and sponsors through photo and
video sharing. 100% of user
donations reach the cause of
their choice. Non-profits benefit
from a no-cost solution to expand
their communities and
Founder fundraising resources. [email protected] https://www.linkedin.com/in/davidjalpert http://www.givgram.com/
Fix It Sticks were the brainchild of
Brian Davis, an avid cyclist who
became frustrated with the
common multi-tools he carried in
Founder his pocket. [email protected] 872.802.3110 https://www.facebook.com/FixItSticks http://fixitsticks.com/
BankmyBiz.com is a focused
social network, founded on
Relationship Based Lending, that
Matches business owners with
business lenders. Whether you’re
a startup looking for investment,
a young company looking to
grow, or an established business
looking to see what relationships
can be cultivated... whether
you're a traditional banker, micro
lender, private equity lender,
factoring lender, angle investor,
non-profit investment group, etc...
if you own a business or lend to
businesses you are invited to the
Founder party. [email protected] 608.284.8970 https://www.linkedin.com/company/bankmybiz- bankmybiz.com
iMDone lets you manage your
dev tasks in your code. Stop
using external trackers keep your
Founder tasks in context. https://www.linkedin.com/in/jessepiascik http://imdone.io/
Home Pour™ is a home
appliance for chilling and tapping
Founder draft beer and other beverages. https://www.linkedin.com/in/davidjalpert alpertholdings.com/portfolio/home-pour/
LivingStory creates the ability for
users to store content for future
generations. It puts a Trust
Company in charge of data
stewardship and is the first
consumer offering of
Founder "Generational Data" storage. [email protected] LivingStory.com

31
For the first time in history, we
can pay physicians based not on
how many sick people they
brought into the clinic, but instead
on how many healthy people
they kept out. Health eFilings'
software makes that vision
Founder possible. [email protected] (608) 492-1250 https://www.linkedin.com/in/bentwest http://healthefilings.com/
Plug. The ultimate short-term
event application. Plug allows
you to invite your friends,
privately or publicly, to a short- https://www.linkedin.com/pub/owen-
Founder term (within 24 hours) event. [email protected] (414)578-7099 jardaneh/8b/142/982 http://www.plugmobileapp.com/home.html
We are developing novel anti-
cancer compounds based on our
patented EVade™ Ribonuclease
technology. Our most advanced
lead candidate, QBI-139, has
shown efficacy in animal models
against a variety of tumor types
including: colon, non-small cell
lung, ovarian, pancreatic and
prostate cancer. QBI-139 is 95% https://www.linkedin.com/company/474119?trk
identical to the human RNase 1. =tyah&trkInfo=clickedVertical%3Acompany%2
A first in human dose escalation CclickedEntityId%3A474119%2Cidx%3A1-1-
President and Phase 1 clinical trial in solid 1%2CtarId%3A1441744538717%2Ctas%3Aqui
COO tumors is ongoing. 608.441.2950 ntessence%20b http://www.quintbio.com/index.html
Bad Donkey Social’s vision is to
enrich everyday digital dialogue,
worldwide. Our mission is to be
the innovative tech leader that
develops and drives cutting edge
mobile platforms, interfaces, and
applications by way of a
proprietary technology called
Enriched Text Content® or
ETC®. ETC is a new “visual
language” technology that
infuses custom interactive
content inline with words. This
software system seamlessly
integrates a unique keyboard
interface with back-end cloud
based servers, facilitating input,
sharing, and management of
digital content within
CEO communication networks. [email protected]
Local media ($133b and growing
market) struggles to monetize
their very significant traffic (80%-
90% of local markets reached
weekly).Local SMBs have
products/offers to sell but no https://www.linkedin.com/pub/michael-
Co-founder significant traffic. [email protected] (414) 810-1760 drescher/7/462/828 http://okanjo.com/en/
VibeTech offers unique physical
therapy modality for people with
impaired physical mobility due to
aging, injury, surgery or
Founder neuromusculoskeletal disorders. [email protected] 920.395.5339 https://www.linkedin.com/in/jeffleismer http://www.vibetechglobal.com/

32
AuditPad software makes it easy
for enterprise organizations to
CEO/Founder identify and manage IT risks. [email protected] http://www.linkedin.com/in/claskowski www.auditpad.com
Strategic travel and hospitality
industry insights. RockCheetah
helps clients formulate disruptive
marketing strategies, engage
appropriate technologies and
apply efficient business
processes to create consumer
CEO/Founder value and sustain profitability. [email protected] 2623099560 https://www.linkedin.com/in/robertkcole http://rockcheetah.com/
Stainless steel electropolishing
Co-founder for medical device OEMs [email protected] 414-209-5308. https://www.linkedin.com/in/danvoell http://www.electropolishing.com/
airrand is a web-based service
for use on any web browser and
smartphone which offers users
the ability to link to-do/shopping
co-founder list items to specific locations. [email protected] https://www.linkedin.com/in/massie http://www.airrand.com/
Testing your products is essential
for building successful features,
one struggle in writing tests is not
knowing what sections of the
code were actually tested and
which were not at all. Codecov is
a solution that will become part of
your development workflow by
providing meaningful reports and
statistics on your product and
Founder features. [email protected] https://codecov.io/
Field59 is an online video
platform that makes it easy to
stream, record and distribute
your live video. Our goal is to
grow revenue through live
streaming and video on demand
services targeted for events,
training, education and content
CEO/Founder syndication. [email protected] https://www.linkedin.com/in/derekgebler http://www.field59.com/
Web presence for small
Principal businesses [email protected] 414-215-0254 https://www.linkedin.com/in/akibraun/ diveyes.net
APN Health LLC is a new
medical device company
developing 3D medical imaging http://apnhealthsfo.com/Navik3D/content/ho
Founder software algorithms. [email protected] 844-276-8713 me-0
Using the patented persona-
driven behavior intelligence,
“Personalytics™”, the system
emulates individuals using,
accessing or interacting with
various media. GETTER™ then
uses that information to generate
actionable data,
recommendations and analysis
of a business, allowing
companies to make data driven
business decisions and
dramatically boost key business
CEO metrics for its clients. 773-340-3533 https://www.linkedin.com/in/erikthomas1 http://www.getter.io/

33
Virtual-Publications is a Social
Publication Library that allows
users to interact with one another
and publisher to interact with
users. A perfect solution for
favorite publications and https://www.linkedin.com/pub/dean- http://www.virtual-
CEO Magazines [email protected] pehlke/14/453/285 publications.com/VP/Welcome.aspx
"Friendly Beds" is the flagship
product of Bill-Ray Home Mobility
which creates innovative heavy
duty products to help the elderly
and disabled remain safe,
independent, and at home http://www.billrayhomemobility.com/index.ht
President longer. [email protected] 920-257-4001 m
[email protected] 920-980-4803
[email protected] 913-620-0885
[email protected] 920-410-8090
[email protected] 303-501-9634
[email protected]
https://www.linkedin.com/profile/view?id=ADEA
ABNQvoEBxGgsiSVPSnYrTFDbd_hgtiKMisE&
authType=name&authToken=4csL&locale=en_
US&srchid=2103940221442340124560&srchin
We're RentCollegePads.com, our dex=8&srchtotal=10&trk=vsrp_people_res_na
resource allows users to find and me&trkInfo=VSRPsearchId%3A210394022144
compare thousands of off- 2340124560%2CVSRPtargetId%3A324058753
campus apartments, roommates, http://www.rentcollegepads.com/c %2CVSRPcmpt%3Aprimary%2CVSRPnm%3A
Co-founder and subleases. ontactus (262) 707-9704 false%2CauthType%3Aname http://www.rentcollegepads.com/
https://www.linkedin.com/profile/view?id=ADEA
AAU4L_4BUL5AUHutgyS7vwNJer47GVS7lIU&
authType=OUT_OF_NETWORK&authToken=
O9Y3&locale=en_US&srchid=2103940221442
342125878&srchindex=2&srchtotal=3&trk=vsrp
ZoomShift is a web-based _people_res_name&trkInfo=VSRPsearchId%3
staff scheduling tool that A2103940221442342125878%2CVSRPtargetI
makes scheduling seriously d%3A87568382%2CVSRPcmpt%3Aprimary%
simple for managers and staff 2CVSRPnm%3Afalse%2CauthType%3AOUT_
Founder members. [email protected] OF_NETWORK https://www.zoomshift.com/
Redox is your hub for
managing and scaling
healthcare interoperability.
Connect with Redox once,
then integrate with any
organization regardless of
Co-founder vendor, format, or frequency. https://www.linkedin.com/in/jameslloyd608 https://www.redoxengine.com/#/
https://www.linkedin.com/profile/view?id=ADEA
AAkGjJgBcIgPwlIxKD2vLq36RwlOZBiRjPA&au
Find My Spot offers a single thType=OUT_OF_NETWORK&authToken=Ud
source technology solution to bN&locale=en_US&srchid=2103940221442345
089729&srchindex=1&srchtotal=3&trk=vsrp_pe
make it simple and efficient to ople_res_name&trkInfo=VSRPsearchId%3A21
assist renting transferees and 03940221442345089729%2CVSRPtargetId%3
showcase the city to A151424152%2CVSRPcmpt%3Aprimary%2CV
candidates considering a new SRPnm%3Afalse%2CauthType%3AOUT_OF_
CEO/Founder location. http://findmyspotinc.com/contact (414) 369-2223 NETWORK http://findmyspotinc.com/

34
https://www.linkedin.com/profile/view?id=ADEA
AAAPWJcBL3NBrF_QJNBRkHG8ouKn2SVz5
Similar to marketing tools in Pk&authType=OUT_OF_NETWORK&authTok
the digital world (Google en=jFws&locale=en_US&srchid=21039402214
42346075614&srchindex=1&srchtotal=27&trk=
Analytics & Marketing vsrp_people_res_name&trkInfo=VSRPsearchId
Automation), with SOLOMO %3A2103940221442346075614%2CVSRPtarg
marketers can manage their etId%3A1005719%2CVSRPcmpt%3Aprimary
engagement and campaigns %2CVSRPnm%3Afalse%2CauthType%3AOU
CEO/Founder in their physical locations. [email protected] T_OF_NETWORK http://www.solomotechnology.com/
-Specialized Private cloud and
Managed Services Provider
offering customizable
packages and SLA's
Founder automatically. [email protected] 888-301-3879 http://www.digiapps.net/
-Specialize in custom mobile
application development.
-Manufacturer of a product
called "Nomad" which aids in
patient tracking for high
casulty scenerio's.
-We are currently developing
a new smart phone app called
"Athena" to aid those who are
mobility challenged.
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
4041 N. Oakland Ave, Shorewood, wi 53211
[email protected]
[email protected]
[email protected]
35
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
14402 Garden Gate Dr. Jacksonville, FL 32258
[email protected]
[email protected]
[email protected]
[email protected]

[email protected]
MusiciansConnect is a region-
focused social network for active
musicians of all ages and https://www.linkedin.com/profile/view?id=AAkA
abilities. Primary features include AANJM0cB3c_E2-
musician and instructor profiles, SVwJI8QqSAAHb3_GqzegQ&authType=NAM
gear and musicians wanted ads, E_SEARCH&authToken=nPFa&locale=en_US
and resources listings: stores, &trk=tyah&trkInfo=clickedVertical%3Amynetwo
studios and more. rk%2CclickedEntityId%3A55128903%2CauthT
Madison, WI is our beta market, ype%3ANAME_SEARCH%2Cidx%3A1-2-
NYC/Brooklyn is our first real 2%2CtarId%3A1442861035379%2Ctas%3Aco
Founder market. [email protected] rey%20los http://madison.musiciansconnect.com/
A platform that provides direct
metrics to music creators
about there content, metrics
that can be used to help the
artist plan there performance,
Founder tour, and more . [email protected] https://www.linkedin.com/in/omeliohopwood http://www.delistening.com/#/home
https://www.linkedin.com/profile/view?id=AAkA
AAds6-4B2_80l1-xnvHe_gOe5bZFshpw-
rQ&authType=NAME_SEARCH&authToken=g
sj9&locale=en_US&trk=tyah&trkInfo=clickedVe
rtical%3Amynetwork%2CclickedEntityId%3A12
4578798%2CauthType%3ANAME_SEARCH%
2Cidx%3A1-1-
[email protected] 1%2CtarId%3A1443106675895%2Ctas%3Ajo
Founder Match.com for Rentals m %20edwards http://www.rentsmartrewards.com/
Our mission is to be the
innovative tech leader that
develops and drives cutting
edge mobile platforms,
interfaces, and applications by
way of a proprietary
technology called Enriched https://www.linkedin.com/pub/william-
Founder Text Content® or ETC®. http://baddonkeysocial.com/contact.html towell/24/566/589 http://www.baddonkeysocial.com/

36
https://www.linkedin.com/profile/view?id=ADEA
AAC2G9QB087HMGX_FgaBVtid5pqus5E5Xek
&authType=NAME_SEARCH&authToken=jLN
Flox lets you create your own 9&locale=en_US&srchid=21039402214431255
64594&srchindex=4&srchtotal=53&trk=vsrp_pe
private network for your niche ople_res_name&trkInfo=VSRPsearchId%3A21
community with familiar social 03940221443125564594%2CVSRPtargetId%3
networking elements, A11934676%2CVSRPcmpt%3Aprimary%2CV
powered by BuddyPress & SRPnm%3Atrue%2CauthType%3ANAME_SE
Founder WordPress. [email protected] ARCH https://flox.io/
MeshMe creates a network of
locally connected mobile
phones. We use mesh
technology to establish and
share connections between
mobile devices to allow for
continued application use and
connectivity in fringe
situations and locations with http://www.meshme.co/#!contact/ https://www.linkedin.com/pub/matt-
Founder overloaded infrastructure. con8 schaefer/15/b22/11 http://www.meshme.co/
The Omnipack Series are all-
in-one backpacks that contain
an amplified speaker, front
lights, taillights, USB phone
charger, a battery to power it,
and a solar panel for https://www.linkedin.com/pub/alex-
Founder/CEO recharging. [email protected] mahnke/a3/554/b71 http://www.mahnkelabs.com/
We are working on
augmented reality that you will
use with current devices
(phones and tablets) with your
current board games, creating https://www.linkedin.com/pub/ryan-
Founder a new experience. [email protected] behnke/a/998/a66 http://www.metamorphicgames.com/
The PYN's basic information https://www.linkedin.com/profile/view?id=ADEA
will be on his or her profile ABG5MFoB-
and you as a person eS5m_N_pPOhIaZRYtWDjiVBbJ0&authType=
searching for their service can NAME_SEARCH&authToken=ykZu&locale=en
_US&srchid=2103940221443451639803&srchi
ask them questions, view ndex=1&srchtotal=1&trk=vsrp_people_res_na
video, and determine if they me&trkInfo=VSRPsearchId%3A210394022144
would be someone you would 3451639803%2CVSRPtargetId%3A297349210
like to do business with and %2CVSRPcmpt%3Aprimary%2CVSRPnm%3A
Founder call your own PYN. [email protected] true%2CauthType%3ANAME_SEARCH https://pyntk.com/

37
Has Karma lets offline
businesses create and
manage online referral
programs. Businesses can
push current promotions to
their referral network for
$1/1000 emails. No monthly
fees. Their referral networks
can share promotions with
new prospective customers
anywhere. Businesses can
reward referrals with Dwolla
payments, but it's optional.
When businesses do send
rewards it creates good karma
and we charge a commission.
Businesses risk nothing, save
time, and pay for
Co-founder performance. [email protected] https://www.linkedin.com/in/kpmckiernan https://www.haskarma.com/

38
Contact Name Email Date
Jo ann Giese
Imagination Network Kent [email protected] 8.31.15
Digital Fertilizer Perry Sieber [email protected] 8/27/2015
Ignite *Kim emailed 8.31.15
Fond du Lac County
Economic Development
Corp Steve Jenkins [email protected] 8.31.15
Center for Enterprise
Development *Kim emailed 8.31.15
ADVOCAP *Kim emailed 8.31.15
Small Business
Development Center-UW
Oshkosh Colleen Merrill *Kim talked to already 8/27/2015
Ripon College Creative
Enterprise Consultants *Kim emailed 8.31.15
Moraine Park Technical
College *Kim emailed 8.31.15
UW Fond du Lac *Kim emailed 8.31.15
Fond du Lac County UW
Extension *Kim emailed 8.31.15
Marian University *Kim emailed 8.31.15
SCORE *Kim emailed 8.31.15
Fond du Lac Area
Association of Commerce *Kim emailed 8.31.15
Downtown Fond du Lac
Partnership *Kim emailed 8.31.15
Fox Valley Workforce
Development Board Bobbi Miller [email protected] 8/28/2015 Business Services
FV venture center Amy Pietsch [email protected] 8/28/2015
[email protected] CEO, Director of
Jason White, m Outreach & Business
Go-edc Erin Sutton [email protected] 8/28/2015 Services
Oshkosh Chamber Rob Kleman [email protected] 8/28/2015 VP-Economic Developme
Fox Cities Chamber *Kim emailed
Peter
Green Bay Chamber Zaehringer [email protected] 8/28/2015 VP-Economic Developme
ZVFoundry Jill Enos *************** Executive director
Elizabeth
Angels on the Water Hartman [email protected] 8/28/2015
Wisconsin Innovation Cassidy cwartenweiler@wisconsintechnolo
Network Wartenweiler gycouncil.com 8/28/2015 Operations director
General Wisconsin Main
Street Program Darrin Wasniew *****************
Contact for LaunchLU,
Lawrence University Chelsey Choy [email protected] 8/28/2015 past May
Adam
Galambos [email protected] 8/28/2015
John R. [email protected]
Brandenberger du 8/28/2015
Gary Vaughan [email protected] 8/28/2015

39
College pro gaming league Christopher [email protected] 8/27/2015 414-336-8977
Catherine
UW Cooperative Extension-Wi Neiswender *Kim emailed 8.31.2015
UW Cooperative Extension-Ou Jim Resick *Kim emailed 8.31.2015
Jessica
UW Cooperative Extension-Wa Beckendorf *Kim emailed 8.31.2015

40
APPENDIX F: APPLICATION AND SELECTION 

41
InventureXcel Business Bootcamp 2015 | F6S

Apply Startups Jobs Deals More Add your Search F6S

InventureXcel Business Bootcamp 2015 

Add a description

Edit

About Private Group Discuss Evaluations 18 Connections Edit

Basic Info
Application is currently visible Hide
Profile Settings

KPI Trends

Funding
Application Questions

Application

General
 We'll give you background information on Startups and people that apply to InventureXcel
Business Bootcamp 2015.
Here are a few notes on what F6S automatically gives you:
Application Questions
1. You do not need to ask Startups for:
Evaluators name
description, product, video
Referrals/References
location, date founded, markets
Payments social media, links
2. You do not need to ask Founders, Employees, Advisors and Investors for:
People
name, role, email address
Media
Skype ID, mobile number
42

https://www.f6s.com/inventurexcel2015/edit/application-questions[12/28/2015 1:05:14 PM]


InventureXcel Business Bootcamp 2015 | F6S

skills, location
Widgets education, experience
social media or links
Raising Funds

Jobs
Awesome, now add the questions you want to ask below!
 Hide
Recommendations

InventureXcel Business Bootcamp 2015  Current Application Form

Please fill out the application to the best of your ability. These questions will help us better serve you if you are 
selected. Only those ...

1 *Company Name: 

2 What is the URL for your website/demo, etc.? 

3 *In one sentence, tell us what your company does. 

4 Upload a video that speaks creatively to your company, team and/or talents. This could be a 
product/service demo and/or pitch (1 minute max ...

Team 

5 *How many founders are there? 

6 *What is your primary role in this business (what would/should it say on your business card)? 

7 If you answered 'Other' for the role you would list on your business card, what is it? 

8 *Founder skills and background 

9 What is your Github and/or Linkedin URL? 

10 How long have all founders worked together as a team? 

11 Where do you plan for the startup physically to be after the program? 

12 *Can all founders attend the bootcamp in person? 

43
13 If not all founders can attend the program in full, please explain. 

https://www.f6s.com/inventurexcel2015/edit/application-questions[12/28/2015 1:05:14 PM]


InventureXcel Business Bootcamp 2015 | F6S

14 Employees: Not including the founders, how many additional employees are there? 

Product 

15 *In more detail, what will your company do or make? 

16 How does your company make money (or intend to make money)? Explain your business model. 

17 Explain how you intend to (or already do) find customers? 

18 *Do you have any current customers? 

19 If yes, how many customers? What is your customer growth rate? 

20 *Do you currently generate revenue? 

21 If yes, how much revenue did you generate in the last month? Lifetime of the company? What is your 
monthly revenue growth rate?

22 Who are your competitors? What differentiates you? Include URLs 

23 What do your competitors do better than you? 

24 What do you think you do better than each of your competitors? 

25 Why should we choose your company? 

History and Financials 

26 *When did you start this company? 

27 What type of legal entity are you? 

28 What is the total amount of cash invested to date in this startup? 

29 How much of the above amount was from non-founders? 

30 Please upload any other files or videos you'd like us to review? 

Contact Information 

31 *Email Address: 
44

https://www.f6s.com/inventurexcel2015/edit/application-questions[12/28/2015 1:05:14 PM]


InventureXcel Business Bootcamp 2015 | F6S
32 *Phone Number: 

Add a new question

Add Your Get Free Deals About


Event Promote your own Deal F6S API
Search F6S
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Accelerator Investment Funds Feedback
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Contest Search for Talent
Coworking

© 2015 F6S Network Limited. All rights reserved.

45

https://www.f6s.com/inventurexcel2015/edit/application-questions[12/28/2015 1:05:14 PM]


InventureXcel Business Bootcamp 2015 Applicant Selection

Focus for 2015 Bootcamp: Build the brand and bring value.

1 2 3 4 5 Comments
Personality of Entrepreneur/Team
Could they be an evangelist? Would they be a
champion for the program?

Quality of Company
Are they well rounded? Do they have a solid
mission/vision?

Quality of Concept
How sound is the product/idea? Is it applicable
to aviation/aerospace?

Scalability
What is the growth potential? How scalable is
it?

Can We Provide Value?


Are we worth their time? Will they find our
program beneficial?
1 being the lowest, 5 being the highest

Instructions:
Please review each applicant and score them accordingly. Any questions on F6S, please let me know.

Please submit your feedback to me and hold onto a copy of your evaluation for discussion during the meeting. The main purpose of this is to have everyone
review and be prepared with their input prior to our applicant selection meeting. We will get into a much deeper discussion on each applicant at that time.
If you are unable to attend, please send me in your form with any feedback or notes that you would like me to relay to the group.

46 As of 10.12.2015
APPENDIX G: ASSESSMENT 

47
InventureXcel Business Bootcamp

Q1 Please rate your satisfaction based


on the scale below.
Answered: 5 Skipped: 0

Overall
Bootcamp...

Mentor Swarm

Entrepreneur
Panel

Customer
Discovery

Help With
Executive...

Graduation
Event

Overall
organization...

0 1 2 3 4 5 6 7 8 9 10

Very unsatisfied Unsatisfied Neutral Satisfied Very satisfied Total Weighted Average

Overall Bootcamp Program 0.00% 0.00% 0.00% 60.00% 40.00%


0 0 0 3 2 5 4.40

Mentor Swarm 0.00% 0.00% 20.00% 40.00% 40.00%


0 0 1 2 2 5 4.20

Entrepreneur Panel 0.00% 0.00% 20.00% 40.00% 40.00%


0 0 1 2 2 5 4.20

Customer Discovery 0.00% 0.00% 0.00% 60.00% 40.00%


0 0 0 3 2 5 4.40

Help With Executive Summary 0.00% 0.00% 20.00% 40.00% 40.00%


0 0 1 2 2 5 4.20

Graduation Event 0.00% 0.00% 0.00% 20.00% 80.00%


0 0 0 1 4 5 4.80

Overall organization of program logistics 0.00% 0.00% 20.00% 60.00% 20.00%


0 0 1 3 1 5 4.00

# Comments Date

1 I have to appreciate and thank the inventurexcel organizers. I learned a lot during the whole course of three weeks. 11/25/2015 8:05 PM

2 I know this was an excelerated boot camp, but one thing I wish was available would be "experts" to help with pricing 11/24/2015 8:33 PM
strategy, and for product companies packaging experts. Maybe you could implement that if you extend the program.

48
InventureXcel Business Bootcamp

Q2 What was your favorite/least favorite


thing about the Bootcamp?
Answered: 5 Skipped: 0

# Responses Date

1 I really enjoyed the time with the entrepreneur panel. I think that their advice was priceless. I was glad that they 11/29/2015 8:14 PM
emphasized that entrepreneurship isn't for the weak-hearted and then backed it up with their stories.

2 Favorite was all of the excellent mentors and panelists. Outside of a full accelerator you can't find that many people to 11/26/2015 8:15 PM
give immediate and meaningful feedback and advice. Least favorite is not enough work time or rather the timing of
when we had work time in a given day. After a session with a lot of feedback it would be nice to have work time to
absorb and rework something. However some days right when i wanted to get to work is when we'd be starting a new
topic. So if a heavy feedback portion and work time is schedule right before lunch or end of the day may be better.

3 My favorite was the inputs from the various business experts during the entire camp. 11/25/2015 8:05 PM

4 Favorite--customer surveys, entrepreneur panel and pitch refinement. Least--poster activity 11/24/2015 8:33 PM

5 Favorite thing was the panel. 11/24/2015 11:01 AM

49
InventureXcel Business Bootcamp

Q3 What changes, if any, would you


suggest for the program?
Answered: 5 Skipped: 0

# Responses Date

1 I would suggest do the practice pitch with investors later on down the line as opposed to the first day we were there. 11/29/2015 8:14 PM

2 Adding more descriptive content to the syllabus and also dates when things would be due. It was understandable with 11/26/2015 8:15 PM
this being the first one that the schedule changed over the three weeks.

3 Involve different kinds of customer validations. The online, phone and personal interaction they are all going to be 11/25/2015 8:05 PM
different. Include different angle to know the taste of the customers.

4 See first comment box-thnx 11/24/2015 8:33 PM

5 Make it a little longer. 11/24/2015 11:01 AM

50
InventureXcel Business Bootcamp

Q4 Was Pitch Prep valuable? What was


most beneficial?
Answered: 5 Skipped: 0

# Responses Date

1 Pitch Prep was helpful in that it really helped me get down the bare bones, best way to describe our company in a few 11/29/2015 8:14 PM
minutes.

2 Yes. The most valuable part of pitch prep was forcing us to pitch multiple times infront of people that will give important 11/26/2015 8:15 PM
feedback. Practicing in front of friends and family is just practice. The feedback we received helped us to rework our
pitch to be the best it could be in a short amount of time.

3 Pitch preparation was very useful with experts giving their individual opinion on the pitch. 11/25/2015 8:05 PM

4 Very--I feel just the confidence I gained in pitching was a game changer for me--thank you! 11/24/2015 8:33 PM

5 Yes and practicing in front of people was beneficial. 11/24/2015 11:01 AM

51
InventureXcel Business Bootcamp

Q5 What suggestions do you have to


improve Pitch Prep?
Answered: 5 Skipped: 0

# Responses Date

1 I would say it could be better if we were given some more examples of people pitching in various fields to see more 11/29/2015 8:14 PM
resemblance to our own.

2 Maybe show an example video of a good pitch the first day or something to remind the group that goal of the three 11/26/2015 8:15 PM
weeks is have a good cleaned up pitch. That way it's in everyone's minds to work on coming up with a pitch rather
than save it for the end.

3 Show the participants their flaws by recording the pitch practices, they will be more ready to do better. 11/25/2015 8:05 PM

4 I don't know--I thought it was great! 11/24/2015 8:33 PM

5 Nothing. 11/24/2015 11:01 AM

52
InventureXcel Business Bootcamp

Q6 How well prepared did you feel you were


for your pitch at Graduation? Please rate.
Answered: 5 Skipped: 0

(no label)

0 1 2 3 4 5 6 7 8 9 10

Very unprepared Somewhat unprepared Neutral Somewhat prepared Very prepared Total Weighted Average

(no label) 0.00% 0.00% 0.00% 20.00% 80.00%


0 0 0 1 4 5 4.80

53
InventureXcel Business Bootcamp

Q7 What feedback do you have on the


Graduation event?
Answered: 5 Skipped: 0

# Responses Date

1 I enjoyed it although I wasn't exactly sure of our place. I couldn't tell if we were there just for practice or if there were 11/29/2015 8:14 PM
actually potential investors in the crowd. It would've been nice to know what our audience consisted of exactly.

2 It went well and as expected. I liked it. It was very good that there were people/businesses from the community that 11/26/2015 8:15 PM
have an interest in startups that we could meet and network with.

3 Well organized. 11/25/2015 8:05 PM

4 It was a ton of fun--I thought it would have been nice to have more business leaders there 11/24/2015 8:33 PM

5 Very solid great event. 11/24/2015 11:01 AM

54
InventureXcel Business Bootcamp

Q8 What value did you find


InventureXcel brought to your company?
Answered: 5 Skipped: 0

# Responses Date

1 Overall, I would say that InventureXcel brought invaluable, impartial guidance to our idea. Not only were you there to 11/29/2015 8:14 PM
help us develop our business plan, but for many of us you helped us develop the actual idea of where to take our
company.

2 All of the networking has been very beneficial to us. Also working through executive summaries at a quick pace helped 11/26/2015 8:15 PM
us to focus our thoughts and ideas about our business.

3 I have learned lot of things that are must for a start up. Nice job by UW Oshkosh. 11/25/2015 8:05 PM

4 Confidence! And some great contacts! 11/24/2015 8:33 PM

5 New connections and ideas on how to take the current culture we have within our platforms further. 11/24/2015 11:01 AM

55
InventureXcel Business Bootcamp

Q9 Would you recommend the


InventureXcel Business Bootcamp? Why or
why not?
Answered: 5 Skipped: 0

# Responses Date

1 Absolutely! There aren't many opportunities in the Wisconsin area for Entrepreneurship guidance and development, 11/29/2015 8:14 PM
but you are one of the few. I never would've guessed that this was the first round of InventureXcel, as you had it very
organized and had a great mission in place.

2 Yes. I'd tell others that you could take months or more to do all of this stuff on your own, but the bootcamp offered 11/26/2015 8:15 PM
professional help to coach and mentor you to get even better results in 3 weeks. We now have the focus and
background on what it takes to startup to be ready to go to an accelerator. Also, all of the networking. It was amazing
and very helpful that there were so many impressive and relevant mentors, investors, and fellow entrepreneurs to offer
feedback, advice, and personal experiences in a practically one on one setting about our business.

3 Yes, I will recommend, as this will help new entrepreneurs to prepare in a practical and well informed business experts 11/25/2015 8:05 PM
about their ideas and business.

4 Yes. I believe the more you prepare for success, the easier it will come! 11/24/2015 8:33 PM

5 Yes I would to an aspiring entrepreneur who is just getting started. 11/24/2015 11:01 AM

56
InventureXcel Business Bootcamp

Q10 How can we continue to help moving


forward?
Answered: 4 Skipped: 1

# Responses Date

1 Even more time with mentors and entrepreneurs would be extremely helpful. I know that these people have lives 11/29/2015 8:14 PM
outside of InventureXcel, but their help was seriously incredible.

2 We need help in terms of intellectual property filings and also for prototyping. 11/25/2015 8:05 PM

3 If you come across someone you think would be a beneficial contact for me, please connect us via linkedIn or email or 11/24/2015 8:33 PM
other.

4 Stay in touch. 11/24/2015 11:01 AM

57
InventureXcel Business Bootcamp

Q11 Would the program be more beneficial


if it were 9 weeks instead of 3 weeks?
Answered: 5 Skipped: 0

# Responses Date

1 Yes and No. Should you lengthen it, you do need to realize that there is a lot more time to fill up and it is a large 11/29/2015 8:14 PM
commitment for the companies. I think that if you chose to pursue the 9 week program, it would be important that you
emphasize weekly goals outside of the program so that the company can make serious traction during the time in the
program. I would be very interested to see how the 9 week program would be structured.

2 No. Maybe 4 weeks, but it's was great to have almost the same resulting outcome to our business as an accelerator 11/26/2015 8:15 PM
without the big commitment of 8 to 12 weeks. On our own we would have taken forever to make everything perfect,
but the three week timeline forced us to actually do it and move on to the next thing.

3 A program of 9 weeks would be better. 11/25/2015 8:05 PM

4 Definitely--but may need to be just Saturday a few weekends if looking to still include working adult Entreprenuers. 11/24/2015 8:33 PM

5 Yes. 11/24/2015 11:01 AM

58
InventureXcel Business Bootcamp

Q12 Any other comments or suggestions


for improvement?
Answered: 3 Skipped: 2

# Responses Date

1 well done. 11/25/2015 8:05 PM

2 More intense--not saying we shouldn't focus, but have intense half day sessions to work with experts in a certain are 11/24/2015 8:33 PM
of your business to figure something out--ie--work with an expert to figure out a design for packaging(if applicable) -
half day w/expert to work on bank-ready financials,etc

3 Nothing 11/24/2015 11:01 AM

59
InventureXcel Business Bootcamp

Q13 Name (optional)


Answered: 5 Skipped: 0

# Responses Date

1 Ryan 11/29/2015 8:14 PM

2 Phil 11/26/2015 8:15 PM

3 Siraj. K 11/25/2015 8:05 PM

4 Mike 11/24/2015 8:33 PM

5 Qu 11/24/2015 11:01 AM

60
APPENDIX H: OPERATING REVENUES AND EXPENSES 

61

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