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Roll out the entrepreneurial resolutions — and predictions — for Oklahoma in 2014

Scott Meacham, CEO of i2E Inc., offers some insight into what he thinks will — and should — happen next year.
by Scott Meacham Published: December 31, 2013

When your column falls on New Year's Eve, there are really just two ways to go — predictions or resolutions.

For us at i2E, resolutions and predictions are part of the same plan.

Experience has taught us what does and doesn't work. As we launch our 16th year of service to and investment in the innovation economy, we resolve:

1. To help build more deal flow in Oklahoma. Increasing the number, quality and momentum of entrepreneurial deals is the single most important thing that we can do in Oklahoma to create more jobs and wealth. One of the ways to do this is to increase our participation in accelerators — especially those that combine funding and advisory services.

2. To invest more capital in growing companies of all stages that create wealth for Oklahoma. i2E manages a range of funds — from concept to growth.

3. To encourage more people of all ages to consider entrepreneurship. In 2013, Forbes ranked Tulsa as the No. 1 city for young entrepreneurs and Oklahoma City as fifth. Oklahoma — not California, New York or Massachusetts — was the only city with two of the Top 10.

4. To enhance opportunities for college students to obtain authentic experiences with Oklahoma startups.

5. To seek efficient and effective ways to further expand our services into rural Oklahoma.

Our predictions — also based on our experience.

1. In 2014, we will help position at least 85 Oklahoma companies for funding. We expect a third or more of those firms will receive more than $25 million in private equity.

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by Scott Meacham
President and CEO of i2E Inc.
Scott Meacham is president and CEO of i2E Inc., a nonprofit corporation that mentors many of the state’s technology-based startup companies. i2E receives state appropriations from the Oklahoma Center for the Advancement of Science and Technology....
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Small businesses produce more patents per employee than large patenting firms and account for 24 percent of the patents in the top 100 emerging clusters.

SOURCE: SBA Office of Advocacy


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