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Warren Katz (Founder, VT MAK) on SBIR Grants (largest govt source of early-stage tech financing).
Monday, February 02, 2015 at 06:30 PM   $15   Venue, To Be Decided

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<P><STRONG>Warren Katz, Founder and CEO of VT MK Technologies</STRONG> (leading global vendor of military simulation software) will talk on <STRONG>SBIR Grants </STRONG><EM><STRONG>-- the largest government source of early-stage technology financing in the country.</STRONG></EM></P>
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<P>The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs essentially provide free venture capital from the federal government and are one of the largest sources of early-stage capital for small companies that are creating a wide range of innovative technologies in the United States.</P>
<P><EM><STRONG>Under the program, the government offers up to $850,000 in seed capital, requires no money back, takes no equity in the company, and retains few intellectual property rights to technologies developed with the funds</STRONG></EM>. Moreover, if the company is successful in commercializing the product, the government is likely to become one of its biggest customers. Other than compliance with government accounting procedures, federal money comes with few strings attached (certainly fewer than venture capital).</P>
<P><STRONG>Warren Katz</STRONG> co-founded MK Technologies in 1990 ( which was acquired by VT Systems of Alexandria, Virginia inDecember 2006.) He is an avid mentor and angel investor at both TechStars and Bolt, with expertise in how to fund companies using government contracts. He is a noted industry advocate of open interoperability standards and commercial business models in Department of Defense procurement. He was six-term chairman of the Simulation Interoperability Standards Organization, the international not-for-profit consortium that develops standards for synthetic environments. From 1987 to 1990, he worked for Bolt, Beranek, and Newman as a drive train simulation expert, responsible for mathematical modeling of physical systems. He holds dual bachelor's degrees in mechanical and electrical engineering from Massachusetts Institute of Technology. Some of Katz's investments include Harmonix, GrabCAD, Oblong, Organic Motion, and PetNet.</P>
<P><STRONG>Event Agenda:</STRONG></P>
<P>6:30pm - Refreshments & networking <BR> 7:00pm - Fireside Chat <BR> 7:45pm - Q &A <BR> 8:00pm - More networking</P>
<P>RSVP is mandatory. No walk-ins will be allowed. Bring photo ID.</P>
<P>Midtown Location (<EM>Note: Address will be sent via email to all registered guests after registering on Eventbrite)</EM> <BR> <STRONG></STRONG></P>
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