Entrepreneurs’ Network and co-sponsored by IEEE Technology and Engineering Management Society, Boston Chapter.
The ENET meeting on October 17, 2017, is devoted to setting goals for founders and entrepreneurs. A starting point will be defining the value proposition of your company’s product or service.
• Do you fix a problem that has real and measurable consequences to inaction?
• Is this problem a top priority to your target customer?
• Is the market significant?
• Is it under served?
To build value in your company you will be judged first on that value proposition, then the management team assembled, your technology, your customers, your business model and scaling potential to the market you serve. Under the lean start-up model, you build in small increments, then measure and learn and modify based on actual results from customers. In tech companies and especially in med tech and life science companies the management team is critical to move the company through the inevitable issues and quickly pivot to redirect engineering efforts to keep the company on track to meet designated milestones.
A key part of management’s ability to execute will be to manage cash, to reach inflection points (clinical or recognized customer impact), IP and franchise value (if applicable) to establish and achieve a favorable exit.
6:00 -7:00 pm – Networking
7:00 -7:10 pm – Announcements
7:10 -7:25 pm – E Minute – Up to 3 Startup companies’ presentations
7:25 -8:15 pm – 3 expert speakers on the night’s topic
8:15 -8:30 pm – Q & A
8:30 -9:00 pm – Networking including meeting speakers
Below please meet the panel of accomplished executives and experts and our moderator, who was also the meeting organizer.
David Fogel, Managing Director, Swifton CFOs LLC joined Swifton CFO’s in 2007. Swifton is an outsourced CFO and financial firm for emerging businesses. Industries currently include biotech, green, consumer marketing, and many web-based enterprises.
An active angel investor, David has been a Member / Member of Screening, Due Diligence Committees since 2009 for Mass Medical Angels (MA2), a seed stage investor group exclusively focused on life science and healthcare investments and for TiE Angels – Boston which he joined in 2013. TiE Angels Boston is an affiliate of the global TiE organization bringing together entrepreneurs and executives in the Boston market who are interested in investing in startup ventures in markets including Internet, Retail, B2B, Big Data, Mobile, Software and more.
He is an Adjunct Instructor of Business (Finance & Accounting) at Worcester Polytechnic Institute and instructor in the MBA Corporate Education Program for both Biogen and United Technologies. David holds degrees from Miami University (Business) and the University of Cincinnati (MBA).
Lydia Schroter, CEO/Founder at LBS nX,llc, Managing Director, Golden Seeds, Cherrystone Angels.
Lydia has founded her own consulting and start up investment firm, advising and investing in technology and science based companies. She is a member of Golden Seeds, which is one of the nation’s most active angel investment firms and provides early-stage and growth capital to women-led business across all industry sectors. She is also a member of Cherrystone Angel Group in Providence. Prior to that, she has spent her career in banking, higher education and not-for-profit sectors as a senior ranking officer, developing her expertise in corporate finance, investment, operational and financial management and corporate governance. Her core technical competencies include financial analysis and management, operational and financial turn-around, organizational risk management, and Investment oversight. Born and educated in South Korea, Lydia also holds an MBA from Arizona State University.
Moderator: Brigid Oliveri Siegel, Managing Partner, Brigid Siegel Associates firstname.lastname@example.org
Brigid Siegel is managing partner at Brigid Siegel Associates where she conducts retained executive searches. In this capacity, she focuses on finding and developing leaders as well as building effective managing teams which will guarantee success in any technology, life sciences or biotech field.
Brigid began her career in the high technology industry over 30 years ago and in executive search, 20 years ago. She was a partner and management consultant at Ward Howell, Inc., a partner at Polachi, a Managing Director with The Onstott Group, a Senior Partner at Heidrick & Struggles and a Vice President with Fenwick Partners. Throughout her retained executive search career Brigid has successfully completed numerous senior executive search assignments for clients ranging from emerging growth companies to multi-billion dollar corporations.
Brigid studied at Polytechnic Institute of Brooklyn and holds a Bachelor of Science Degree in Electrical Engineering from Lowell Technological Institute. Her executive search industry expertise has been cited in the Boston Business Journal, the New York Post, as well as Hunt Scanlon’s Executive Recruiting Industry Newswire. She was also a member of the Executive Board of the WPI (Worcester Polytechnic Institute) Venture Forum for seven years and is currently a Boston ENET Vice Chairperson and an Executive Board member.
Organizer: Robert Adelson, business and tax attorney, partner at Boston law firm of Engel & Schultz LLP, and Chairman of The Boston Entrepreneurs’ Network.
Rob has been an attorney for over 30 years specialized in business, tax, stock and options, employment, contracts, financings, trademarks and intellectual property. Rob began as an associate at major New York City law firms before returning home to Boston in 1985 where he has since been a partner in small and medium sized firms before joining his present firm in 2004. Rob represents entrepreneurs, start-ups and small companies, independent contractors and employees and executives. Rob is a frequent speaker on business law topics and author of numerous articles published in Boston Business Journal, Mass High Tech and other publications. He has been named among the “Top 20 Boston Startup Lawyers” by ChubbyBrain.com, a website that provides tools for entrepreneurs. Rob has been on the ENET Board since 2002 and Chairman since 2009 and is also a Co-Founder and Board member of the 128 Innovation Capital Group (2004 -2015). He holds degrees from Boston University, B.A., summa cum laude, Northwestern University (Chicago), J.D., Law Review, and New York University, LL.M. in Taxation. His website – www.ExecutiveEmploymentAttorney.com
PUBLIC TRANSPORTATION: Is accessible by public transportation, to the Kendall Square stop on the Red Line.
LOCATION: Pivotal Labs, 255 Main St., 6th FL, Cambridge. This building is in Kendall Square, just a couple doors down from the Cambridge Marriott heading toward Boston.
REFRESHMENTS: Pizza & soft drinks
COST AND RESERVATIONS: Free to ENET members and $10 for non-members. Members & non-members, pre-register for the meeting online, until midnight the day before the meeting. Go to – www.boston-enet.org or day of, you are welcome to register and pay at the door.
PARKING: The nearest parking garage is at One Broadway. The fee is $10 after 5pm, you need to be out by 10pm.
Details at: https://www.parkme.com/lot/115647/one-broadway-garage-cambridge-ma
IEEE Technology and Engineering Management (TEM) Society, Boston Chapter
National: The Engineering Management Society (EMS) was founded in 1951, becoming the Technology Management Council (TMC) in 2007. In 2015 we transitioned to the Technology and Engineering Management Society, (TEMS). The Boston TEMS Chapter has been technically approved by Section and awaiting approval of IEEE HQ.
Vision, Mission, Values at http://www.ieeetmc.org/node/23
Boston TEMS Chapter: Technology and Engineering Management (TEM) Society, Boston Chapter is for Engineering Managers and Executives from Engineering, Science and Technology based companies. All those aspiring to become proficient and powerful Leaders are welcome. We aim is to provide knowledge to make strategic and critical decisions. We draw upon real-life scenarios from across the spectrum of engineering specialties. Our meetings will serve those looking to Manage Engineering Programs, Projects and Technologies. You can learn from leaders, get mentored by experts, share experiences and network with accomplished professionals.
We invite all our Technology and Engineering Management (TEM) Society members, Non-members and interested engineering executives in technology and engineering to participate in this meeting.