Lead to Win Update - October 9, 2009

The next Lead to Win session is scheduled for November 3-5 and November 23-25.; Lead to Win is currently accepting applications - please spread the word!

Lead to Win Phase 3 Businesses Wins

• 10 new technology jobs in the region (5.1% of our target to deliver 196 jobs by July 2012)
• $833,200 private and public investment (4.2% of our target to raise $20 million by July 2012)
• Five startups sold products or services to first customers
• Two startups created new market niches
• Five startups introduced new product and services
• Three startups secured testers for their prototypes
• Two startups secured representation and supplier agreements with large companies

Sessions Planned and Delivered To Date

• May/June: Status - Delivered May 19-21, June 23-25, held at Carleton University
• July/August: Status ? Delivered July 28-30, August 25-27, held at Telfer Executive Leadership Centre (University of Ottawa)
• November: Status ? Confirmed for November 3-5, and November 23-25, to be held at the Queens Executive MBA facility in Ottawa

Applicants To Date

• May/June: over 100 expressions of interest, 82 completed applications, 62 people accepted, 39 people (30 businesses) graduated to Phase 3 of LTW
• July/August: over 100 expressions of interest, 68 completed applications, 46 people accepted, 27 people (20 businesses) graduated to Phase 3 of LTW

Expansion of Program to Meet Demand

• Original plan was to hold two LTW sessions in 2009 with 30 participants per session ? one in May/June and the second in October/November.
• As demand was far higher than anticipated, we doubled the capacity of the May/June session from 30 to 60 people (and accepted 62). We accelerated the following session into July/August and saw a similar high demand despite vacation season - we increased capacity from 30 to 45 people (and accepted 47) for that session.
• We have reserved a venue for the additional November session, which was not in the April 2 proposal to the City of Ottawa
• We are running at 100% higher capacity between the extra participants and extra sessions vs. our April 2 proposal to the City of Ottawa