System and method for venture acceleration

A web-centric application which acts as a beacon for an entrepreneurial and venture capital community or series of communities that offers a plurality of interactive products that primarily profile, map and match needs to capabilities for new and improved methods for venture incubation and acceleration. A set of interactive business planning and management tools, and, access to capital, investments, strategic alliances, and mergers and acquisitions that offer electronic access and downloadable hard copy within a private self-contained profiling system that maximizes business efficiencies. A method for the formulation of a virtual local community through one or a series of nodes that are capable of being connected through a central point or associated links in order to enhance and expand knowledge-bases, services, networks and business opportunities. A method for collaboration and networking amongst the members within the local community(s).

DETAILED DESCRIPTION OF EXEMPLARY EMBODIMENTS The present invention is particularly suited for use in connection with new and existing venture acceleration, and more particularly to a web-based process for venture resource, mapping, and matching of companies and capital, to include but not limited to, financial and intellectual capital ( FIG. 1 ). As a result, the preferred exemplary embodiment of the present invention is described in that context; and the problem and solution are identified ( FIGS. 2, 3 ). It should be recognized, however, that such description is not intended as a limitation on the use or applicability of the present invention, but is instead provided merely to enable a full and complete description of preferred embodiments ( FIGS. 4, 5 , 6 ). A system according to various aspects of the present invention comprises at least one access terminal having a display and input means ( FIG. 2 ). The terminal is suitably linked to a communication channel for intranet/extranet or Internet access to a web site. A server stores a web site and a computer program in accordance with the present invention. In a preferred embodiment the application is capable of including proactive electronic alerts according to the preference of the user and administration in order to act as a prescribed notification system. The system is intended to formulate one or a series of individual virtual local communities that may be connected to one another. In a preferred embodiment, the system may call for a central entity (e.g. global parent website) to be the hub of all the local nodes, whereby they can be accessed individually or by an interactive preference method ( FIGS. 7, 8 ), and have isolated private storage space for the users. These nodes would develop a family of similar offerings and would enable user access throughout the entire system ( FIG. 9 ). The system further includes a web-based application for venture incubation and acceleration, resource and information ( FIGS. 10, 11 , 12 , 13 ). In an exemplary embodiment, a user, for example, an entrepreneur in a start-up company, accesses the web-site from a suitable terminal having an Internet access ( FIG. 14 ). The program provides the entrepreneur with a unique login/password. The program prompts the entrepreneur to complete an online questionnaire ( FIG. 15 ) of business planning and management tools (e.g. executive business summary, business plan, typical slide road show, strengths weaknesses opportunities and threats analysis). The program receives the data input and stores the data in a server database ( FIG. 1 a ). In another exemplary embodiment, the program retrieves the stored input data and populates a table showing the business characteristics (e.g., strengths, weaknesses, opportunities, threats) of the company. This information can be accessed electronically, via the intranet/extranet/internet, and downloaded into hard copy from their said isolated private storage space. The program is suitably configured to “rate” the entrepreneurial user from the input data. For example, in a preferred embodiment, the data entered on the questionnaire is used to give the entrepreneur a score determined by a set of algorithms stored on the server or via an on-line interactive human review and scoring process. The score may include, but is not limited to, the strength of the start-up business with respect to product, resources and business opportunity, and may be a numerical value, for example, between 1 and 100. Also, the system is designed to allow for peer review recommendations to facilitate input regarding opportunities to enhance the entrepreneurial companies business ( FIGS. 16, 17 ). In another embodiment, the questionnaire is made available for viewing by another user accessing the web-site to further analyze and review the score. Upon determination of the score, the entrepreneurial start-up company is automatically routed within the system to be placed on a list with other companies having similar scores. For example, a high score may place the company on a list with other companies that are ready to be matched with capital and a low score may place the company on a review and consulting list ( FIGS. 31, 32 ). A company may need additional help, guidance and management. The system provides the company with an interactive roadmap designed to grow the company ( FIGS. 19, 20 ). For example, in one embodiment, the system offers a company classification system to coordinate the development stage of the company. In another embodiment, the system highlights the company's departmental and functional areas while featuring strategic guidelines to execute within its staff. Additionally, the system provides a unique profile to match the capabilities and opportunities for a possible strategic partnering. In yet another embodiment, the company can choose from a plurality of options on the web site (e.g., administration, facility, finance, human resource, legal, research and development, marketing and quality) to prepare the company for access to capital. The system of the present invention further includes a web-based application for matching entrepreneurial companies with capital, for example, financial capital and intellectual capital. In a preferred embodiment, capital providers, such as investors, access the web site and are prompted to complete a questionnaire similar to the one previously disclosed ( FIG. 30 ). The program stores the data entered by the investor on the server. In an exemplary embodiment, the program determines the investor in a similar manner as disclosed for the company-user. Depending upon the classification, the investor's access to view the company lists/postings may be limited ( FIGS. 31, 32 ). These postings would create a mechanism similar to an exchange ( FIG. 32 a ) specific to the said entrepreneurial and venture capital community resource center. In a similar preferred embodiment, access to needs and capabilities are offered for matching to distribution, manufacturing, research and development, and mergers and acquisitions requirements. Again depending upon the rating, the investor's access to view the company list may be limited. In another embodiment, the system facilitates company due diligence. An exemplary embodiment allows the capital provider to access a “video library” ( FIG. 31 ) on the web site. The video library comprises an audio/visual presentation of users, such as for example, start-up companies. The capital provider selects a presentation to view, such as a presentation from an entrepreneur the provider is interested in doing business with, then the presentation is retrieved from the server and displayed for the capital provider. In yet another embodiment, and as part of the company due diligence process system, the capital provider can view information stored on the server for a particular company relating to, for example, the data entered by the company. In yet another embodiment, the capital provider may make a message request for additional information on a company and request a conference. In accordance with the present invention, a conference over the Internet is held using a computer microphone, suitable sound speakers, an access terminal and an Internet connection. Thus, the program is suitably configured to allow the capital provider and the entrepreneur to engage in a real-time audio or audio/video conversation via the Internet connection. The system further provides a user (e.g., entrepreneurial start-up company) an opportunity to create alliances with community resources ( FIGS. 18, 21 , 22 , 26 ), such as for example, local state departments, economic development agencies, colleges and universities, trade organizations and local business resources, ( FIGS. 23, 24 , 25 , 29 ). The user can view stored information on each community resource to gain insight on such listings as state programs, student work groups, licensing opportunities, and other information and knowledge that is pertinent to a business. In a preferred embodiment, the program is a distribution tool by linking users to resources both within and outside the web-based system. In another preferred embodiment, access to Technology Transfer from public and private Academic Institutions, businesses, and individuals may be gained by qualified users ( FIGS. 27, 28 , 29 ). The system provides and opportunity for the user to electronically access available technologies from a variety of connected resources. The system, in accordance with a preferred embodiment, provides an opportunity for the user (e.g., entrepreneurial start-up company) to define, sophisticate and implement strategies designed to accelerate and elevate the company for access to capital ( FIG. 19 ). In an exemplary embodiment, the company has access to array of on-line business resources, recruiting, management and acceleration programs and opportunities. In yet another embodiment, the company can liquidate and acquire goods or services from an auction site. In yet another embodiment, the model is capable of including a variety of business components to expand its offering of the said web-assisted entrepreneurial and venture capital community resource center. These components would include the addition of a civic or private incubator or accelerator ( FIG. 33 ), and a Community venture capital fund with combined contributions of future determined levels ( FIG. 34 ). In a preferred embodiment, all or any portions of the web-centric application can be used together or separately. Individual parts may be used to serve as their own identity but, with a similar delivery method. 
 Mode of Operation The best mode of operation is a combination of a web-centric interactive application and manual land modalities. The facilitation of the business method is best executed by an interactive on-line system that is administered manually.