INNOVATE. TRANSFORM. LEAD. Using business incubators to accelerate innovative products, technologies, and strategies to market
What do small, fast-moving technology companies have in common with large, multi-billion dollar enterprises SAP, Comcast, Independence Blue Cross, and Exelon?
They share an ambition to innovative, transform, and lead the market. These mutual goals have given rise to newly formed partnerships with exciting outcomes.
Incubators and accelerators, collaborations between nimble firms and established organizations, are generating market insights and channeling innovation into potential new customer products and solutions.
Join the MIT Enterprise Forum of Philadelphia in a discussion with leaders in the energy, health care, and media and technology sectors about incubator opportunities, investments, and partnerships available to innovative corporations and entrepreneurs.
The panel discussion will be moderated by Craig Ey, Editor-in-Chief of the Philadelphia Business Journal.
Topics this panel will discuss include:
Strategic implications of business incubators to the company and start up
Real-time examples of corporate and start-up partnerships, an in-depth discussion of the logistics of these relationships, and lessons learned to date
Opportunities business incubators foster which drive revenue growth and knowledge sharing between parties
Impact of business incubators on product development, market presence, and profitability
Reception and networking to precedes presentation. Seating is limited! Register early.
The Panelists and Companies
SOFTWARE & TECHNOLOGY
Diane Fanelli is Chief Operating Officer , Platform Solutions Division, for SAP.
Diane heads global operations for the business unit responsible for bringing SAP innovations to market in the areas of mobile, analytics and database and technology.
She is a global executive working with various regions to ensure an effective go- to- market approach and ability to capture the market opportunity.
Diane is a graduate of Drexel University, College of Business and Administration.
SAP focuses on innovation internally and works with leading universities, partners, and customers worldwide to deliver innovation that can help companies of all sizes and industries run better.
Positioned in high-tech centers around the globe, SAP Lab Networks have the flexibility of a small company, and a clear focus on the local ecosystem.
MEDIA & TECHNOLOGY
Aljit Joy is Senior Vice President of Comcast Innovation Labs, the advanced technology arm of the company.
Comcast Labs, with locations in Silicon Valley, Seattle, Philadelphia, Denver and Washington, D.C., are focused on developing, integrating and deploying products that change the manner in which people are entertained and informed.
Lab teams includes PhDs, Distinguished Fellows and hundreds of active inventors from a wide variety of educational backgrounds, including Web development, communications, semiconductor and other related disciplines.
Comcast Labs collaborate with large and small technology organizations, as well as promising start-ups to transform current products and services and create entirely new technologies.
Aljit holds an MBA from Babson College.
Tom Olenzak is Managing Director, Strategic Innovation Portfolio and Director, Corporate Development and Innovation, Independence Blue Cross (IBC) Center for Health Care Innovation.
Tom leads the external innovation for the $10 billion Philadelphia-based health plan and manages the $50 million Independence Strategic Innovation Portfolio.
The Innovation Center champions health care entrepreneurism and acts as a catalyst for innovations that lead to superior care at lower costs. The Center innovates, collaborates, and implements path-finding new concepts in health care.
Tom is responsible for establishing the IBC Innovation 'brand"; creating the internal infrastructure and culture to support innovation; building bridges to the innovation, technology, and investment communities; and creating a venture capital investment strategy and structure for the company.
Tom is a graduate of Princeton University.
Mike Smith is Vice President of [Constellation Technology Ventures CTV, the venture capital investing arm of Exelon, the nationâ€™s leading competitive energy provider.
CTVâ€™s mission is to drive innovation by investing in venture-stage companies that provide new solutions to Constellation and its customers.
CTV partners with companies which are capable of altering the energy and environmental landscape in the U.S. by providing next-generation products and services.
Prior to his position at CTV, Mike was responsible for overseeing the strategy, development, and implementation of Constellationâ€™s renewable and sustainable retail product offerings, including onsite generation, energy efficiency, and greenhouse gas reduction strategies.
Mike earned a Bachelor of Arts degree from the University of Miami and a J.D. from the Duke University School of Law.
Craig Ey is Editor-in-Chief of the Philadelphia Business Journal.
Craig is a 22-year media industry veteran. He was named editor of the Philadelphia Business Journal in August 2010.
Previously, Craig was editor of the Birmingham (Alabama) Business Journal for four years and managing editor, associate editor and reporter for the Baltimore Business Journal for 11 years.
Craig has won numerous reporting and editing awards from the Associated Press, the Society of Professional Journalists, the Maryland-Delaware-D.C. Press Association, the Alabama Press Association and American City Business Journals.
Craig is a graduate of Loyola University Maryland.
About the MIT Enterprise Forum of Philadelphia The MIT Enterprise Forum (MITEF) of Philadelphia, a regional chapter of the global organization and affiliated with Massachusetts Institute of Technology through MIT Technology Review, a multi-media publication, strives to inform, connect, and coach technology entrepreneurs â€” enabling them to rapidly transform ideas into world-changing companies.